The Surveying and Mapping Services industry has rebound following the broad market turmoil caused by the financial crisis. Coupled with a strong rebound across downstream construction markets, industry revenue increased over the past five years. With greater demand fueling the industry's recovery, revenue is expected to eclipse its prerecessionary peak over the next five years. However, external competition is projected to intensify, as engineering operators and construction contractors increasingly offer value-added services. While this factor will relatively dampen industry growth throughout the next five years, the negative effect of increased competition will be partly offset by the public-sector agencies' increasing tendency to outsource surveying, mapping and data information services to industry operators.
Operators in this industry perform surveying and mapping services of the surface of the earth, including the sea floor. These services may include surveying and mapping areas above or below the surface of the earth, such as the creation of view easements or segregating rights in parcels of land by creating underground utility easements, which give certain rights to real property without possessing it.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.