The Surveying and Mapping Services industry will begin to recover slowly from the recession as the construction sector improves. Small players have been hit particularly hard by the economic downturn because they rely heavily on the residential construction market, which has been decimated since the recession. As downstream demand from construction markets improves over the next five years, surveying and mapping services will benefit. Further, multiyear federal funding and state-based maintenance programs will support the value of highway and bridge construction, which is continuing to expand.
Firms 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.