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Total Station Market by Component, Offerings, Type, Application And Geography - Global Forecast to 2023

Total Station Market: Global Forecast until 2023

  • August 2017
  • 139 pages
  • ID: 5086555
In this report:
The robotic total station market registered a shipment of ##.## thousand units in 2016, which is expected to reach ##.## thousand units by 2023, at a CAGR of ##.##% between 2017 and 2023.
The market for manual total stations registered a shipment of ##.## thousand units in 2016 and is expected to reach ##.## thousand units by 2023, at a CAGR of ##.##% between 2017 and 2023.

Summary

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"The total station market is anticipated to increase at a significant rate between 2017 and 2023"

The total station market is anticipated to rise at a compound annual growth rate (CAGR) of 6.30 percent between 2017 and 2023 and is anticipated to be valued at ~$2.0B by 2023. Key driving factors for the increase ot the this market are the need for modernized construction plan, 3D modelling in surveying technology, and demand for quick and precise rail application. Nevertheless, the main restraining factors for the increase of this market are the environmental conditions affecting the measurement and high cost combined with the device.

"Hardware segment to lead the total station market during the outlook period"

The hardware section of this market includes the types: manual and robotic. It also comprises total station integrated with GNSS antenna and without GNSS. Total stations with distinct specifications are manufactured by the leading players including Hexagon, Trimble, and Topcon Corporation with various technical specifications. The accuracy and the range of total station are the top points driving its usage. The increasing globalization, growing urbanization, and increasing demand for smart infrastructure and construction investments are driving this industry.

"The sector for robotic total station is anticipated to grow at the highest CAGR (Compound annual growth rate) during the estimate period"

Robotic total stations are the most preferred total stations by surveyors to measure/survey land at big scale and for big commercial and noncommercial construction projects. The robotic is preferred over the manual due to the technological modernization in robotic total station. Furthermore, the robotic total station reduces the risks associated to the manual and measures the information more precisely.

"Transportation application forecasted to grow at the highest compound annual growth rate (CAGR) between 2017 and 2023"

Transportation has created an ever-increasing demand for total stations. It measures the coordinates of horizontal and vertical alignment. It measures the angles and coordinates that help the surveyors to map the natural surface available for the construction of highways, tunnels, and bridges as well as design a model through the CAD software.

"Asia-Pac is projected to register the more important increase during the outlook period"

The industry in Asia-Pacific is influenced by geospatial technologies that are being utilized for mining, rural, and agricultural development over the last decade. Surveying and mapping technologies are widely used for the same in APAC. Additionally, the development of smart cities in China (CN), India (IN), and other countries in Southeast Asia has driven demand for total station in this area.

The break-up of the profiles of primary members taking part for the study has been provided below.

• By Company category: Tier 1 = 30.0 percent, Tier 2 = 25.0 percent, and Tier 3 = 45.0 percent

• By Description: C-suite executives = 58.0 percent, Directors = 42.0 percent

• By Area: North America continent = 32.0 percent, EU = 23.0 percent, Asia-Pac = 30.0 percent, and RoW = 15.0 percent

Top players operating in this sector contain Hexagon, Trimble, Topcon Corporation, Robert Bosch, South Surveying & Mapping Instrument Co., Stonex, TI Asahi Co., Geo-Allen Co., geo-Fennel, and Hilti.

Segment Research

The research report on the total station market contains distinct segments-offerings, category, application, and territory. The sector by offering is split into hardware and services. The market has been split on the basis of type into manual and robotic. The market has been split on the basis of application into: construction, transportation, utilities, mining, oil & gas, agriculture, and others (waste management, forestry, marine). The analysis includes the industry in 4 main geographical regions-North America, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Main highlights

Figures of segmentation, review, and estimate for the sector established on offerings, category, application, and area have been organized to give an global view of this market.

The value chain study offers a detailed insight into the total station market.

Main drivers, market restraints, alternatives, and opportunities for the total station market have been precised in this industry report.

The market research includes an exhaustive competitive analysis, competitive leadership mapping together with complete study and revenue of main actors.

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