Middle East & Africa Land Survey Equipment Market Size & Outlook
The land survey equipment market in Middle East & Africa is expected to reach a projected revenue of US$ 775.0 million by 2030. A compound annual growth rate of 6.1% is expected of Middle East & Africa land survey equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$510.8
Forecast, 2030 (US$M)
$775.0
CAGR, 2024 - 2030
6.1%
Report Coverage
Middle East & Africa
MEA land survey equipment market highlights
- The MEA land survey equipment market generated a revenue of USD 510.8 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 510.8 million |
| Market revenue in 2030 | USD 775.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.6% of the global land survey equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,980.5 million by 2030.
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Land Survey Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hi-Target International Group | View profile | 1001-5000 | Panyu, Guangdong, China, Asia | http://www.hitargetgroup.com/ |
| Shanghai Huace Navigation Technology | View profile | 1001-5000 | Qingpu, Shanghai, China, Asia | http://www.huace.cn/ |
| Stonex | View profile | 251-500 | Paderno Dugnano, Lombardia, Italy, Europe | https://www.stonex.it |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Trimble Inc | View profile | 12700 | 10368 Westmoor Drive, Westminister, CO, United States, 80021 | https://www.trimble.com |
| Topcon Corp | View profile | 5543 | 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, Japan, 1748580 | http://www.topcon.co.jp |
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