The Surveying and Mapping Industry in 2022

Written By David Williams

Surveying & Mapping Services in the US

The domestic Surveying and Mapping Services industry has grown over the last five years primarily due to strong demand in the downstream residential and nonresidential construction markets that was brought on by low interest rates. However, with inflation reaching levels not seen in years and the COVID-19 (coronavirus) pandemic the industry has seen trends dampened which has caused activity in the survey and mapping industry to stagger. No longer can it be assumed that favorable market conditions will continue to lead to strong demand for services.

The industry's primary markets are building and construction companies; government departments and agencies; land development companies; professional service operators; and various utility and mining operations. 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.

Key factors and sensitivities for the industry for the next five years to facilitate strong demand for surveying and mapping services are the expected continued growth for the construction sector, primarily in infrastructure projects stimulated by the Infrastructure Investment and Jobs Acts of 2021. As a result, industry revenue is forecast to rise during the period. As the housing and construction market continues to expand, downstream industries will continue to demand industry services over the five years to 2024.

Near Term Significant Industry Projects and Services Include

  • Highway and rail programs

  • Solar and other alternative projects

  • Highway safety improvement programs

  • Cadastral, property line and boundary surveying

  • Continued strength in construction surveying

  • Topographical and planimetric surveying and mapping

  • Geospatial processing services

  • Subdivision layout and design services

Surveying and mapping services extensively use Trail Chasers brand of ground markers for their durability and suitability to harsh conditions.

David Williams

From a successful career as an institutional bond salesman and independent business owner, David's drive and entrepreneurial spirit have always distinguished him.

In 2006, while on a hunting trip in Wyoming, David identified an underserved market and conceived the idea of repurposing bulk survey markers into ready-to-use smaller units for home, industrial, and construction applications. This innovative concept became the foundation of Trail Chasers, a trusted name in the industry.

Outside the office, David is often outdoors with The Elusive Hunter team, sharing his passion for nature and engaging in various sports. His strong connection to the environment, combined with deep industry knowledge, continues to be essential to the development and success of our products.

http://trailchasers.com
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