Total Stations Market Price - Analysis, Growth Insight, Size, Share, Regional and Global Forecast by 2023

A total station refers to an electronic instrument which is capable of measuring sloping distance in the construction industry. The total station utilizes electronic theodolite and electro distance meter (EDM) for measuring the distances. This device is connected with storage systems, microprocessors, and data collectors. Total stations are generally mainly used by civil engineers in the construction sector for different surveying the properties like houses, roads, and buildings. Theodolite is a precision measurement useful in measuring angles by using a movable telescope. In general, theodolites are of two types viz. Transit and non-transit. While in transit theodolites telescopes rotate in a full circle, non-transit theodolites, the telescope is rotated in a half-circle. The total station instruments are capable of performing important operations such as distance measurement, data processing, angle measurements, electronic book, and display.

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Through the use of total stations, measurement devices offer various advantages such as improved functionality, improved accuracy, and minimizing errors. The angles are measured through electro-optical scanning to a high degree of accuracy that is obtainable through triangulation and trigonometry. The rapid urbanization leading to augmentation of mobility infrastructure, offering accuracy and sustained performance in various construction projects are promoting the growth of the market. Ascension in investments in the construction sector such as buildings, highways, and bridges are also fuelling the demand in the global total stations market. The global market for total stations is anticipated to gain ascension at 7% CAGR by the end of 2023, garnering a market revenue valuation of USD 2.15 billion.

Market Segmentation

The global total stations market has been studied for a diverse segmentation that has been carried out by offering, type, application, and region. Based on offering, the global total stations market is segmented into hardware and services. The hardware segment is segmented into electronic theodolite, EDM (electronic distance measurement), microprocessor, storage units, and display devices. Based on type, the global total stations market is segmented into manual robotic station and robotic total station. The global total stations market has been analyzed for the segments based on application, which include transportation, oil & gas, construction, mining, and agriculture.

Detailed Regional Analysis

Total Stations Market Price is studied in the report for a detailed regional analysis. This analysis has been conducted for the regions of North America, South America, Asia Pacific, Europe, and the Middle East & Africa. Asia Pacific held the largest share of the global test and measurement equipment market at the beginning of the forecast period. This region is anticipated to retain its dominance over the global total stations market over the forecast period. Asia Pacific’s total stations market is ascending due to the presence of several market giants in the region. Furthermore, increasing investments in the construction and engineering sector in various developing countries is also boosting the market growth in the region. These developing countries include India, China, and Taiwan.

Apart from this, initiatives undertaken for developing smart cities are supporting the growth of the regional total stations market. North America is also predicted to account for a substantial share of the global total stations market. Growth in the transportation and construction sectors in developed sub-regions such Mexico, Canada, and the US are propelling market growth in North America. The market vendors residing in this region are observed to engage in constant innovations and investments in the research and development activities for generating cost-effective product portfolio.

Key Players

The global total stations market report has included a profiling of various distinguished players in the market including 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), Trimble (U.S.), Topcon Corporation (Japan), Kara Company (U.S.), Axis- GPS and Surveying Instruments (Israel), Kwipped (U.S.), Celtic Surveys (Ireland).

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