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Stock impact report

Surveying Equipment Market size is set to grow by USD 2.86 billion from 2022-2027, The growth of the UAV market to be a major trend - Technavio [Yahoo! Finance]

FARO Technologies, Inc. (FARO) 
Last faro technologies, inc. earnings: 4/28 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: faro.com/about-faro/investor-relations
Company Research Source: Yahoo! Finance
The market is estimated to grow at a CAGR of 4.83% during the forecast period. A significant trend in the surveying equipment market is the increasing adoption of UAVs , particularly for civil applications, offering cost-effective and rapid geospatial data acquisition. UAVs enable automated surveys in challenging or hazardous areas without human intervention, presenting opportunities for topographic data generation. The United States , a leader in drone technology, drives market growth through extensive R&D and innovative drone programs like the UCLASS UAV program, enhancing naval aviation capabilities and meeting military and political needs. For more insights on the historical data (2017 to 2021) and forecast size (2023 to 2027) - Request a sample report What's New? Special coverage on the Russia Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor posi Show less Read more
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