Total Station Market

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MarketsandMarkets Research Private Ltd.
Presents
Total Station Market worth 2.04 Billion USD by
2023 with a growing CAGR of 6.3
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According to the new market research report
"Total Station Market by Component (EDM,
Microprocessor, Theodolite), Offerings (Hardware,
Services), Type (Robotic, Manual), Application
(Construction, Transportation, Utilities, Oil
Gas, Mining, Agriculture), and Geography - Global
Forecast to 2023", the total station market is
expected to be valued at USD 2.04 Billion by
2023, at a CAGR of 6.3 between 2017 and 2023.
The factors that are driving the growth of this
market include the 3D modelling in surveying
technology, demand for fast and precise
measurement in rail application, and need for
modernized construction plan. Browse gtgt
61 Market data tables
36 figures 137 pages
and in-depth TOC on Total Station Market
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The robotic total station market is expected to
grow at the highest rate during the forecast
period The market for robotic total station is
expected to grow at a high CAGR between 2017 and
2023. Robotic total stations are widely used
total stations for the measurement and surveying
of land at large scale and for big commercial and
noncommercial construction projects. They boost
the accuracy and improve the performance in
construction and surveying projects. Thus, the
demand for automated total stations drives the
robotic total station market. The total station
market for the transportation application is
expected to grow at the highest rate between 2017
and 2023 The transportation application
accounted for the highest CAGR of the overall
total station market in 2016. Total stations are
used in surveying and construction of highways,
rails, tunnels, and bridges. Increasing
investments in the construction of highways,
tunnels, bridges, and the rising demand for
mobility-driven infrastructure are increasing the
adoption of total stations, thereby driving the
total station market. APAC is expected to lead
the total station market between 2017 and
2023 APAC is expected to hold the largest share
of the total station market during the forecast
period. The development of smart cities in China,
India, and other countries in Southeast Asia has
driven the demand for total stations in this
region.
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The utilization of total stations for
transportation planning, highway and roadway
management, forestry and land management, and
precision farming is driving the growth of the
total station market in this region. The major
players operating in the total station market
include Beijing Bofei Instrument Co. (China),
Advanced Surveying Instruments India (India),
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), Robert Bosch (Germany), South Surveying
Mapping Instrument Co. (China), Stonex (Italy),
TI Asahi Co. (Japan), Topcon Corporation (Japan),
Trimble (US), Geo-Allen Co. (China), geo-Fennel
(Germany), Hilti (US), Kara Company (US),
Precision equipment Rental (Canada), Axis- GPS
and Surveying Instruments (Israel), Northwest
Lasers Instruments (US), Kwipped (US), and
Celtic Surveys (Ireland).
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