NEWS
How the Latest Drone Technology is Reshaping the Construction & Land Surveying Industry
Thursday, 5th December at 9:15 am
PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Drone technology usage has been and is being utilized in various industries worldwide. In fact, drones are the most popular land surveying equipment that can improve the efficiency and flexibility of field surveys, particularly topographic surveys, through aerial photography and mapping by capturing data via video and GNSS. The rising urbanization and industrialization in developing countries is a key factor fueling the growth of the land survey equipment market. The governments in developing countries such as India, Peru, and China are planning different smart city projects, which would need surveying and inspection activities before the actual construction process. Further, major cities in the US, India, and China are rapidly expanding, and several new infrastructures are being constructed in different parts of these countries. Several plans for the development of smart cities are rolled out, and land survey equipment plays a critical role in surveying development sites in the planning stage. A report from The Insight Partners said that the Land Survey Equipment market is expected to Reach US$ 12.56 Billion by 2028 reach US$ 12,568.4 million by 2031 from US$ 8,068.0 million in 2022, at a CAGR of 7.7% during the forecast period. The governments in developing countries are planning smart city projects that need to be surveyed and inspected thoroughly before beginning the construction process. Therefore, increasing initiatives for smart city development are driving the need for land survey equipment. Active Companies in the markets today include: ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), ParaZero Technologies Ltd. (NASDAQ: PRZO), Ondas Holdings Inc. (NASDAQ: ONDS), EHang Holdings Limited (NASDAQ: EH).
Thursday, 5th December at 9:15 am
PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Drone technology usage has been and is being utilized in various industries worldwide. In fact, drones are the most popular land surveying equipment that can improve the efficiency and flexibility of field surveys, particularly topographic surveys, through aerial photography and mapping by capturing data via video and GNSS. The rising urbanization and industrialization in developing countries is a key factor fueling the growth of the land survey equipment market. The governments in developing countries such as India, Peru, and China are planning different smart city projects, which would need surveying and inspection activities before the actual construction process. Further, major cities in the US, India, and China are rapidly expanding, and several new infrastructures are being constructed in different parts of these countries. Several plans for the development of smart cities are rolled out, and land survey equipment plays a critical role in surveying development sites in the planning stage. A report from The Insight Partners said that the Land Survey Equipment market is expected to Reach US$ 12.56 Billion by 2028 reach US$ 12,568.4 million by 2031 from US$ 8,068.0 million in 2022, at a CAGR of 7.7% during the forecast period. The governments in developing countries are planning smart city projects that need to be surveyed and inspected thoroughly before beginning the construction process. Therefore, increasing initiatives for smart city development are driving the need for land survey equipment. Active Companies in the markets today include: ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), ParaZero Technologies Ltd. (NASDAQ: PRZO), Ondas Holdings Inc. (NASDAQ: ONDS), EHang Holdings Limited (NASDAQ: EH).
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Johnny Mnemonic : they've been using drones in land surveying for over 10 years now
Space Dust Johnny Mnemonic : surveying former battle fields for land mines and government contracts related to that and other things. and drones that get blown up..
most of that money is gonna go to a select few.
ooh, border patrol drones. can't forget that..