DUBLIN, September 12, 2017 /PRNewswire/ --
The "`Total Station Market by Component (EDM, Microprocessor, Theodolite), Offerings (Hardware, Services), Type (Robotic, Manual), Application (Construction, Transportation, Utilities, Oil/Gas, Mining, Agriculture), & Geography - Global Forecast to 2023" report has been added to Research and Markets' offering.
The total station market is expected to be valued at USD 2.04 Billion by 2023, growing at a CAGR of 6.3% between 2017 and 2023
The growth of this market is propelled by the need for modernized construction plan, 3D modelling in construction technology, and demand for fast and precise measurements in rail application.
APAC is expected to be the fastest-growing region for the total station market. In this region, geospatial technologies are utilized for mining, rural, and agricultural development over the last decade. In APAC, companies across various sectors, such as engineering and construction, mining and manufacturing, transportation, and agriculture are using total station technologies to identify potential markets and are using geospatial information to make strategic decisions. Surveying and mapping technologies are widely used in APAC. In addition, the development of smart cities in China, India, and other countries in Southeast Asia has driven demand for total stations in this region.
The use of total stations for transportation planning, highway and roadway management, forestry management, and precision farming is driving the growth of this market in the region. With the increasing infrastructural growth in various countries in this region, total stations are expected to be used for smart city planning and urban development programs.
Environmental conditions and high cost associated with the device are the restraining factors of the total station market. They are almost nonfunctional in areas with dense trees or buildings. During monsoons, the periodic losses of satellite signals can shutdown GPS systems, thereby affecting the measurements of GPS-enabled total stations. However, these signals are prone to failures due to electromagnetic pulse (EMP), radio interference, and satellite failure. As most of the total stations are deployed with GPS, these devices rely completely on receiving satellite signals. Therefore, environmental conditions affect the measurements taken by total stations.
Key market players such as Topcon Corporation (Japan) and Guandong Kolida Instruments Co. (China) are focusing on strategies such as product launches, expansions, contracts, and collaborations to enhance their product offerings and expand their business.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Components of the Total Station (Qualitative)
8 Market, By Offering
9 Market, By Type
10 Market, By Application
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- Advanced Surveying Instruments India Pvt. Ltd.
- Changzhou Dadi Surveying Science & Technology Co., Ltd.
- Guangdong Kolida Instrument Co., Ltd.
- Hexagon Ab.
- Hi-Target Surveying Instrument Co., Ltd.-
- Maple International Instruments Inc.
- North Group Ltd
- South Surveying & Mapping Instruments Co. Ltd.
- Suzhou Foif Co. Ltd.
- Ti Asahi Co. Ltd.
- Topcon Corporation
- Trimble Inc.
For more information about this report visit https://www.researchandmarkets.com/research/wrd78x/total_station
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