According to the new market research report "Total
Station Market by Component (EDM, Microprocessor, Theodolite), Offerings
(Hardware, Services), Type (Robotic, Manual), Application (Construction,
Transportation, Utilities, Oil & Gas, Mining, Agriculture), and Geography -
Global Forecast to 2023", the total station market is expected to be
valued at USD 2.04 Billion by 2023, at a CAGR of 6.3% between 2017 and 2023.
The factors that are driving the growth of this market include the 3D modelling
in surveying technology, demand for fast and precise measurement in rail
application, and need for modernized construction plan.
The robotic total station market is expected to grow at
the highest rate during the forecast period
The market for robotic total station is expected to grow at
a high CAGR between 2017 and 2023. Robotic total stations are widely used total
stations for the measurement and surveying of land at large scale and for big
commercial and noncommercial construction projects. They boost the accuracy and
improve the performance in construction and surveying projects. Thus, the
demand for automated total stations drives the robotic total station market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47716752
The total station market for the transportation application
is expected to grow at the highest rate between 2017 and 2023
The transportation application accounted for the highest
CAGR of the overall total station market in 2016. Total stations are used in
surveying and construction of highways, rails, tunnels, and bridges. Increasing
investments in the construction of highways, tunnels, bridges, and the rising
demand for mobility-driven infrastructure are increasing the adoption of total
stations, thereby driving the total station market.
APAC is expected to lead the total station market between
2017 and 2023
APAC is expected to hold the largest share of the total
station market during the forecast period. The development of smart cities in
China, India, and other countries in Southeast Asia has driven the demand for
total stations in this region. The utilization of total stations for
transportation planning, highway and roadway management, forestry and land
management, and precision farming is driving the growth of the total station
market in this region.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=47716752
The major players operating in the total station market
include Beijing Bofei Instrument Co. (China), Advanced Surveying Instruments
India (India), Changzhou Dadi Surveying Science & Technology Co. (China),
Suzhou FOIF Co. (China), Hexagon (Sweden), Survey Instruments Services
(Singapore), Hi-Target Surveying Instrument Co. (China), Guangdong Kolida
Instrument Co. (China), Maple International Instrument (US), North Group
(Spain), Robert Bosch (Germany), South Surveying & Mapping Instrument Co.
(China), Stonex (Italy), TI Asahi Co. (Japan), Topcon Corporation (Japan),
Trimble (US), Geo-Allen Co. (China), geo-Fennel (Germany), Hilti (US), Kara
Company (US), Precision equipment Rental (Canada), Axis- GPS and Surveying
Instruments (Israel), Northwest Lasers & Instruments (US), Kwipped (US),
and Celtic Surveys (Ireland).
