Surveying & Mapping Services in Canada
The past five years have been defined by lower demand from downstream nonresidential construction markets, which, in turn, was driven by a sharp decline in global commodity prices between 2014 and 2016. As Canadian oil, gas and mining companies cut back spending on exploration and development projects and construction stalled in resource-rich provinces, demand for surveying and mapping services necessary for these projects fell. The growth of downstream construction markets is expected to create demand for the Surveying and Mapping Services industry over the next five years. In addition to solid demand from commercial and industrial building construction, the moderate growth of the housing market is expected to stimulate demand for industry services, particularly cadastral, property line and construction surveying.
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.