PUNE, India, August 23, 2017 /PRNewswire/ --
According to a 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 ",
published by MarketsandMarkets™, the market is expected to be
valued at USD 2.04 Billion by 2023,
at a CAGR of 6.3% between 2017 and 2023.
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Browse 61 Market Data Tables and 36
Figures spread through 137 Pages and
in-depth TOC on "Total Station Market"
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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 non-commercial 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.
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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.
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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).
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