Surveying and Mapping Services in Australia - Industry Market Research Report

Surveying and Mapping Services in Australia - Industry Market Research Report

Surveying and Mapping Services in Australia

Firms in the Surveying and Mapping Services industry have struggled with volatile downstream demand over the past few years, prompting a sharp rise in demand for some segments, while others have struggled. The COVID-19 pandemic had severe and ongoing effects on the investment cycles in key downstream sectors, especially the mining and construction sector. Yet, the effect of this volatility was muted by the divergent nature of these trends, partially offsetting on another. Construction tanked, while mining surged, which contributed to a mixed industry-wide performance. Overall, revenue is expected to rise at an annualised 1.6% over the past five years to $4.4 billion, including an anticipated fall of 1.6% in 2023-24, when high interest rates are expected to hamper downstream demand from residential and non-residential building construction.

Industry operators provide professional surveying services spanning a range of markets and disciplines. These include cadastral surveying, construction surveying, mapping services and integrated surveying services.

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."