Demand for surveying and mapping services largely depends on the performance of downstream construction industries. As the housing bubble burst, residential and commercial construction markets collapsed, leading to a decline in demand for industry services. Consequently, industry revenue is expected to increase only marginally over the five years to 2016. Fortunately for the industry, the next five years are expected to represent a period of continued growth for the construction sector. As a result, industry revenue is forecast to rise during the period.
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.