Theodolite Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2022

Published on : Nov-2017 | List of Tables : 145 | List of Figures : 45 | No. of Pages : 170 | Report Code : FACT315MR | Format :

With the growing need for application in sightseeing, land measurements, navigation and outdoor sports, demand for theodolite has continued to gain momentum in the global market. Bound with various multi-functional features such as rangefinder, nav calculator, compass, GPS, geo-overlay movie camera/photo, sales of theodolite will continue to rev up during the forecast period.

Fact.MR states that the global theodolite market is expected to represent a value of over US$ 300 Mn by the end of 2022.

global theodolite market

Market Taxonomy

Region

Product Type

Application

North America

Optical Theodolite

Construction Theodolite

Latin America

Electronic Theodolite

Industrial Theodolite

Europe

Vernier Theodolite

Other Applications

Japan

   

APEJ

   

MEA

   

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Investigation of accidents, tactical observations, land surveying and landmark triangulations has led to a surge in demand for theodolites. Moreover, theodolite is equipped with features such as import/export map markers, data sharing and logging, and mapping. As government in various countries are pushing for development of smart cities, adoption of the electronic devices such as theodolite is likely to increase globally.

Development of Smart City to Impact Market Growth

Construction and surveying industry has further contributed towards growth of the global theodolite market. Government in various countries are increasingly looking for solutions that ensure smart, equitable and sustainable resources. As government in various countries continue to push for development of the smart city, adoption of the theodolite devices will continue to increase significantly.

Advanced Features to Create Lucrative Opportunities

Growing need for navigating and making accurate measurements has led to an upsurge in demand for theodolites in the global market. Apart from increasing application to measure and navigate, theodolites are also used as an augmented reality application that was released in the iPhone. Similar to the SpyGlass application, the theodolite electronic devices enable the end users to figure out directions and locations. Attributed to features such as two axis inclinometer, GPS, map and compass, theodolite devices operate as navigating device with enhanced features. Increasing need for measuring angles in the vertical and horizontal planes has led to an upsurge in demand for surveying applications.

Construction and Transportation Industry to Boost Sales

Besides application in the construction and transportation industry, theodolite devices continue to witness significant adoption in the healthcare industry. Surge in demand to conduct surveys in the field of architecture, planning, engineering and geology is further expected to impact growth of the global market positively. Surveys conducted on the vertical and horizontal planes will further rev up sales of theodolite devices globally.

Survey of Mountain Ranges to Boost Sales

Growing application of theodolite for orology is further likely to underscore significant growth opportunities for the global theodolite market. As demand for re-measuring the mountain ranges in countries such as China and India continue to increase, adoption of the theodolite devices are expected to rev up during the forecast period. Moreover, manufacturers are increasingly integrating advanced technological features such as enhanced GPS and laser tracking attributes to offer high precision measurements. Growing need to make accurate measurements of the mountain ranges is expected to impact growth of the global theodolite market positively.

On the other hand, various factors will continue to inhibit growth of the global theodolite market throughout the forecast period. Availability of the alternate devices for conducting surveys is likely to dip sales of theodolite devices. Moreover, limited availability of raw materials is likely to pose significant challenges to the manufacturers. These factors are expected to impact growth of the global theodolite market adversely.

Electronic Products to Boost Sales in Global Market

Growing need to construct buildings and institutions has led to an upsurge in demand for the electronic theodolite devices. On the basis of product type, the electronic segment is expected to generate significant revenues, accounting for a value of more than US$ 70 Mn by the end of 2022. This segment is expected to register a robust CAGR in the global market during the forecast period.

Based on application, the construction segment is expected to represent the highest revenue growth, representing a value of over US$ 80 Mn by the end of 2022. However, the construction segment and the industrial segment is expected to register the highest CAGR in the global theodolite market during the forecast period.

Competition Tracking

Leading market players operating in the global theodolite market include Hexagon AB, Topcon Corporation, Trimble, EIE Instruments, South Surveying & Mapping Instrument Co Ltd, Suzhou FOIF Co., Ltd., Survey Instruments Services Pte Ltd and Hilti Group.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR.

Global Theodolite Market: Overview

The global theodolite market is expected to register a healthy growth attributed to the growing need for making accurate measurements during the construction process. Apart from making accurate measurements in the construction industry, application of the theodolite also contributes during the study of orology. Growing need to re-measure the mountain ranges by the survey department of countries such as China and India continues to fuel growth of the global theodolite market. Integration of advanced technological features that enable laser tracking and GPS monitoring for high precision measurement has further contribute towards growth of the global theodolite market.

The report provides an in-depth insight on the crucial aspects of the global theodolite market while offering related information on the important segments, factor fuelling growth of the global market, competitive landscape and growth patterns.

Global Theodolite Market: Dynamics

Growth of the global theodolite market is mainly bound to various macro-economic and micro-economic factors. The report reveals that the increasing demand for making precise measurements in various industries such as construction and transportation industry has led to an upsurge in demand for theodolite market. Emerging technology will continue to transform and redefine the application of theodolite globally. With the emerging technology, manufacturers are focusing on integrating the advanced technological features in theodolite devices in order to equip them with enhanced GPS and laser tracking attributes. Bound to these factors, adoption of the theodolite devices will continue to increase in the global market.

Theodolite devices will further continue to witness significant demand during the survey procedures. Increasing demand to re-measure the mountain ranges in various countries such as China and India is likely to rev up adoption of the global theodolite market.

On the other hand, various factors are expected to inhibit growth of the global theodolite market. Bound to lack of raw materials due to imposition of restrictions on use of the arsenic oxide by the European Union is likely to inhibit growth of the global market positively. As arsenic oxide is increasingly used to manufacture telescope, microscope and optical lens. With increasing impositions by the government on the use of arsenic oxide, the global theodolite market is expected to witness an inhibiting growth.

Global Theodolite Market: Segmentation

In the next section, the report reveals that the global theodolite market is segmented on the basis of product type, application and region. On the basis of product type, the global market is segmented as optical, electronic and vernier product. Based on application, the global market is segmented in terms of industrial, construction and other applications. By region, the global theodolite market is segmented as North America, Latin America, Europe and Japan.

Global Theodolite Market: Competition

Key market players operating in the global theodolite market include EIE Instruments, South Surveying & Mapping Instrument Co Ltd, Survey Instruments Services Pte Ltd., Hexagon AB, Trimble, Suzhou FOIF Co., Hilti Group and Topcon Corporation.

1. Global Theodolite Market - Executive Summary

2. Global Theodolite Market Overview
2.1. Introduction
       2.1.1. Global Theodolite Market Taxonomy
       2.1.2. Global Theodolite Market Definition
2.2. Global Theodolite Market Size (US$ Mn) and Forecast, 2012-2026
       2.2.1. Global Theodolite Market Y-o-Y Growth
2.3. Global Theodolite Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis 
2.7. Raw Material Sourcing Strategy and Analysis
2.8. Service Provider List
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Theodolite Market Analysis and Forecast 2012-2026 
3.1. Global Theodolite Market Size and Forecast By Product Type, 2012-2026
       3.1.1. Optical Theodolite Market Size and Forecast, 2012-2026
                3.1.1.1. Revenue (US$ Mn) Comparison, By Region
                3.1.1.2. Market Share Comparison, By Region
                3.1.1.3. Y-o-Y growth Comparison, By Region
       3.1.2. Electronic Theodolite Market Size and Forecast, 2012-2026
                3.1.2.1. Revenue (US$ Mn) Comparison, By Region
                3.1.2.2. Market Share Comparison, By Region
                3.1.2.3. Y-o-Y growth Comparison, By Region
       3.1.3. Vernier Theodolite Market Size and Forecast, 2012-2026
                3.1.3.1. Revenue (US$ Mn) Comparison, By Region
                3.1.3.2. Market Share Comparison, By Region
                3.1.3.3. Y-o-Y growth Comparison, By Region
3.2. Global Theodolite Market Size and Forecast By Application, 2012-2026
       3.2.1. Construction Theodolite Market Size and Forecast, 2012-2026
                3.2.1.1. Revenue (US$ Mn) Comparison, By Region
                3.2.1.2. Market Share Comparison, By Region
                3.2.1.3. Y-o-Y growth Comparison, By Region
       3.2.2. Industrial Theodolite Market Size and Forecast, 2012-2026
                3.2.2.1. Revenue (US$ Mn) Comparison, By Region
                3.2.2.2. Market Share Comparison, By Region
                3.2.2.3. Y-o-Y growth Comparison, By Region
       3.2.3. Other Applications Market Size and Forecast, 2012-2026
                3.2.3.1. Revenue (US$ Mn) Comparison, By Region
                3.2.3.2. Market Share Comparison, By Region
                3.2.3.3. Y-o-Y growth Comparison, By Region

4. North America Theodolite Market Size and Forecast, 2012-2026
4.1. Revenue (US$ Mn) Comparison, By Country 
4.2. Revenue (US$ Mn) Comparison, By Product Type 
4.3. Revenue (US$ Mn) Comparison, By Application 

5. Latin America Theodolite Market Size and Forecast, 2012-2026
5.1. Revenue (US$ Mn) Comparison, By Country 
5.2. Revenue (US$ Mn) Comparison, By Product Type 
5.3. Revenue (US$ Mn) Comparison, By Application 

6. Europe Theodolite Market Size and Forecast, 2012-2026
6.1. Revenue (US$ Mn) Comparison, By Country 
6.2. Revenue (US$ Mn) Comparison, By Product Type 
6.3. Revenue (US$ Mn) Comparison, By Application 

7. Japan Theodolite Market Size and Forecast, 2012-2026
7.1. Revenue (US$ Mn) Comparison, By Country 
7.2. Revenue (US$ Mn) Comparison, By Product Type 
7.3. Revenue (US$ Mn) Comparison, By Application 

8. APEJ Theodolite Market Size and Forecast, 2012-2026
8.1. Revenue (US$ Mn) Comparison, By Country 
8.2. Revenue (US$ Mn) Comparison, By Product Type 
8.3. Revenue (US$ Mn) Comparison, By Application 

9. MEA Theodolite Market Size and Forecast, 2012-2026
9.1. Revenue (US$ Mn) Comparison, By Country 
9.2. Revenue (US$ Mn) Comparison, By Product Type 
9.3. Revenue (US$ Mn) Comparison, By Application 

10. Global Theodolite Market Company Share, Competition Landscape and Company Profiles
10.1. Company Share Analysis
10.2. Competition Landscape
10.3. Company Profiles
       10.3.1. Hexagon
       10.3.2. Topcon
       10.3.3. Trimble
       10.3.4. EIE Instruments
       10.3.5. South Group
       10.3.6. Sanding
       10.3.7. FOIF
       10.3.8. TJOP
       10.3.9. Dadi
       10.3.10. Boif
       10.3.11. KOLIDA
       10.3.12. Sciencesoft USA Corporation
       10.3.13. Siemens Healthineers
       10.3.14. Toshiba Medical Systems Corporation
       10.3.15. Xinapse Systems Ltd

11. Research Methodology

12. Secondary and Primary Sources

13. Assumptions and Acronyms

14. Disclaimer

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Theodolite Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2022