Total station market value is likely to experience a moderate CAGR of 4.1% during the forecast period, 2017-2026. Total station market is also estimated to bring in US$ 1,101.6 million revenue by 2026-end.
A total station is an optical/electronic instrument is being used for mapping and surveying and for construction activities. Total station performs various functions including distance measurement, angle measurement, coordinate measurement, and data processing.
Growth of the total station market is gaining momentum across various sectors such as meteorology, construction, mining, and agriculture. Total stations are available in two forms one is manual total station and another is a robotic total station.
With advancement in technology, the sales of robotic total station are also increasing. Total station market players are also developing robotic total station with unique features, making it easy for users to operate it and get the correct data.
Total station is also being used in geotechnical monitoring which includes building a structure like tunnels below the ground, and to provide a solid foundation above the ground. Measuring the coordinates of vertical and horizontal alignment, total station market growth is also fuelled by their extensively use in transportation application.
Today, most of the total stations are equipped with GPS, hence it relies on satellite signals. However, the poor signal due to various environmental conditions can affect the measurements taken by total station. This also makes it non-functional in the areas with dense forest.
Total station market players are also integrating total station with software applications to help the user control total station, eliminating the need for on-board controllers.
Offering accuracy and improving performance in the surveying and construction projects, the growth of the total station market is rising. Moreover, the total station market participants are also providing advanced produts that provide flexibility and help to collect accurate data.
On-site training is also being provided to the user by the total station market players, with the help of distributors and suppliers to enhance user’s knowledge about the product.
Robotic Total Station- Top-Selling Product
The robotic total station is likely to emerge as one of the top-selling products during 2017-2026. Robotic total station is estimated to create an incremental opportunity of more than US$ 200 million between 2017 and 2026. Meanwhile, manual total station is also likely to account for nearly one-third revenue share of total station market by 2017 end.
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Construction Sector to Gain Maximum Revenue Share of the Total Station Market
The construction sector is likely to account for nearly three-fourth revenue share of the total station market by 2017 end. Towards 2026 end, construction sector is estimated to bring in nearly US$ 800 million revenue. Although, mining sector is likely to emerge as the second largest user in the total station market.
APEJ to Remain Dominant in the Global Total Station Market
Asia Pacific Excluding Japan (APEJ) is likely to remain dominant in the total station market during 2017-2026. Smart cities development in countries such as China and India is driving the growth of total station market in APEJ. Moreover, use of advanced technologies in surveying and mapping is also one of the factors fueling the growth of total station market in the region. Meanwhile, Europe and North America are also likely to witness growth in the total station market during 2017-2026.
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The report also profiles companies operating in the total station market, which include
- South Group
- EIE Instruments
|End Use Vertical||
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Total station provides high accuracy of measurement, it eliminates manual errors, provides speed, and also provides accurate calculation, hence total station is being used on a large scale in mining, agriculture, construction, etc. With increasing demand, manufacturers are also introducing new total station with unique features such as advanced integrated communication technology, autofocus technology, etc.
Total stations with advanced technology are also expected to be used for smart city projects and new urban development programs. This report, compiled by Fact.MR, provides in-depth analysis of the global total station market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global total station market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Total station manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to total station.
The report commences with a brief information of the global total station market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global total station market.
The next section offers an overview of the global total station market. This comprises an introduction to the market, along with a standard definition of the product – total station. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global total station market, the report provides updates about market opportunities, which can benefit leading manufacturers of total station. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for total station manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the broad scope of the global total station market, the report by Fact.MR provides in-depth and segment-wise analysis and forecast. The global market for total station is segmented on the basis of product type, end use vertical, and region. The segmentation also offers country-wise analysis on all the key parameters of the market.
The report’s last section comprises of the global total station market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global total station market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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