The global robotic total station market size is expected to reach $930.6 million in 2026, from $568.6 million in 2018, growing at a CAGR of 6.4% from 2019 to 2026. A robotic total station is an electronic equipment, which has ability of measuring angles, and sloping distance in the construction industry. In other words, it is a precision measurement which is used for measuring angles with a movable telescope. The robotic total station utilizes electro distance meter, and electronic theodolite for measuring the distances. Its components include data collectors, storage systems, and microprocessors. They are primarily used in the construction sector by civil engineers for land surveying for construction of buildings, houses, and roads. The angles and distance is measured by electro-optical scanning with a high degree of accuracy which is obtained through triangulation, and trigonometry. The robotic total station offer numerous advantages such as minimizing errors, improved functionality & accuracy, and others.
Rapid urbanization leads to increased construction projects, which in turn drives the growth of the market. The advantageous features such as accuracy and sustained performance also boosts the market growth. In addition, the rise in investments in utility industries such as oil & gas and increase in construction of highways & bridges in developing countries such as China, India, Indonesia, and Brazil fuel the growth of the global market for robotic total stations. However, the adoption of alternative systems such as laser systems and GPS system for land surveying poses a threat to the robotic total station market. Such factors hinder the market growth.
The global robotic total station market is segmented on the basis of type, application, end user, and region. Based on type, the market is bifurcated into 0.5''-1'' accuracy and 2''and other accuracy. The 2''and other accuracy segment is anticipated to dominate the global robotic total station market in the upcoming years. By application, it is divided as surveying, engineering & construction, and excavation. Based on the end user, the market is categorized into construction, utilities, mining, and others. Others includes transportation and agriculture. The construction segment is projected to dominate the global robotic total station market throughout the study period.
The global robotic total station market is analyzed across four geographical regions, which includes North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period and LAMEA region is expected to grow at the fastest rate.
Competition Analysis
The key market players profiled in the report of robotic total station market include Changzhou Dadi Surveying Science & Technology Co. (China), Guangdong Kolida Instrument Co. (China), Hexagon (Sweden), HILTE, Stonex, GPS Lands (Singapore) PTE LTD., Trimble (US), Suzhou FOIF Co. (China), and Topcon Corporation (Japan).
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL ROBOTIC TOTAL STATION MARKET SEGMENTS
BY TYPE
BY APPLICATION
BY APPLICATION
BY REGION
o Canada
o Mexico
o France
o UK
o Spain
o Rest of Europe
o China
o Australia
o India
o Rest of Asia-Pacific
o Middle East
o Africa
KEY PLAYERS
Rapid urbanization leads to increased construction projects, which in turn drives the growth of the market. The advantageous features such as accuracy and sustained performance also boosts the market growth. In addition, the rise in investments in utility industries such as oil & gas and increase in construction of highways & bridges in developing countries such as China, India, Indonesia, and Brazil fuel the growth of the global market for robotic total stations. However, the adoption of alternative systems such as laser systems and GPS system for land surveying poses a threat to the robotic total station market. Such factors hinder the market growth.
The global robotic total station market is segmented on the basis of type, application, end user, and region. Based on type, the market is bifurcated into 0.5''-1'' accuracy and 2''and other accuracy. The 2''and other accuracy segment is anticipated to dominate the global robotic total station market in the upcoming years. By application, it is divided as surveying, engineering & construction, and excavation. Based on the end user, the market is categorized into construction, utilities, mining, and others. Others includes transportation and agriculture. The construction segment is projected to dominate the global robotic total station market throughout the study period.
The global robotic total station market is analyzed across four geographical regions, which includes North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period and LAMEA region is expected to grow at the fastest rate.
Competition Analysis
The key market players profiled in the report of robotic total station market include Changzhou Dadi Surveying Science & Technology Co. (China), Guangdong Kolida Instrument Co. (China), Hexagon (Sweden), HILTE, Stonex, GPS Lands (Singapore) PTE LTD., Trimble (US), Suzhou FOIF Co. (China), and Topcon Corporation (Japan).
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging robotic total station market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2018 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global robotic total station market forecast analysis from 2018 to 2026 is included in the report.
- Key market players within robotic total station market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the robotic total station industry.
GLOBAL ROBOTIC TOTAL STATION MARKET SEGMENTS
BY TYPE
- 0.5''-1'' Accuracy
- 2''-Other Accuracy
BY APPLICATION
- Surveying
- Engineering & Construction
- Excavation
BY APPLICATION
- Construction
- Utilities
- Mining
- Others
BY REGION
- North America
o Canada
o Mexico
- Europe
o France
o UK
o Spain
o Rest of Europe
- Asia-Pacific
o China
o Australia
o India
o Rest of Asia-Pacific
- LAMEA
o Middle East
o Africa
KEY PLAYERS
- Changzhou Dadi Surveying Science & Technology Co. (China)
- CARLSON
- Guangdong Kolida Instrument Co. (China)
- Hexagon (Sweden)
- HILTE
- GPS LANDS (SINGAPORE) PTE LTD.
- Suzhou FOIF Co. (China)
- STONEX
- Topcon Corporation (Japan)
- Trimble
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Robotic Total Station Market, By Type
Chapter 5: Robotic Total Station Market, By Application
Chapter 6: Robotic Total Station Market, By End-User
Chapter 6: Robotic Total Station Market, By Region
Chapter 7: Competitive Landscape
Chapter 8: Company Profiles: Robotic Total Station Market
Executive Summary
According to the report titled, 'Robotic Total Station Market by Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global robotic total station market size was valued at $568.6 million in 2018, and is projected to reach $930.6 million by 2026, growing at a CAGR of 6.4% from 2019 to 2026. In 2018, Asia-Pacific dominated the global market in terms of revenue, accounting for largest share, followed by North America.The robotic total station market has witnessed an increase in demand in the recent years, due to increased concerns about high efficiency and accuracy in construction industry. The factors such as rise in number of construction and mining projects around the globe boost the adoption of robotic total stations.
The robotic total station market in LAMEA is in its nascent stage and is expected to witness significant growth in the future. The Asia-Pacific region is anticipated to provide lucrative opportunities for the market players, owing to economic growth and improvement in access to advanced technologies in these regions. However, the adoption of GPS system and laser system for land surveying restrict the market robotic total station growth.
In 2018, the construction segment dominated the market due to the increase in non-residential construction work in the developing nations such as India, China, and Brazil. Asia-Pacific holds high share in global robotic total station, owing to the presence of several local and regional manufacturers in Japan and China.
This report discusses various aspects of the market. In recent times, various types of robotic total station are being used in the construction, and utility industries. Based on type, the 2''-other accuracy segment with its high accuracy capabilities contributes to the largest share in 2018, owing to the features which offer highly efficient performance.
The engineering and construction segment holds dominate position in 2018, and is expected to grow during forecast period. Moreover, rise in use of robotic total station in transportation and agriculture sectors is expected to contribute lucrative growth opportunities to small manufacturers across the globe.
In 2018, North America has the second highest growth rate after Asia-Pacific in the robotic total station market. Moreover, LAMEA is expected to continue this trend during the forecast period, owing to expansion of the construction sectors in the region.
Many players have adopted product launch as its key developmental strategy improve its product portfolio. For instance, in April 2019, Topcon launched scanning robotic total stations GTL-1000 under its Topcon Positioning Company. The product features compact scanner, which is integrated with a fully robotic total station and is designed for single-operator layout and scan.
Key Findings of the Robotic Total Station Market :
Based on type, the 2''- others accuracy segment dominated the robotic total station market, in terms of revenue in 2018 and is projected to grow at a CAGR 5.7% during the forecast period.
Based on application, the engineering and construction segment dominated the robotic total station market share in 2018.
Asia-Pacific is projected to register the highest growth rate in the coming years.
Key market players within robotic total station market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the air filtration media industry.
The report provides an extensive analysis of the current and emerging robotic total station market trends and dynamics.
The major players operating in the global robotic total station market includes Changzhou Dadi Surveying Science & Technology Co. (China), Guangdong Kolida Instrument Co. (China), Hexagon (Sweden), HILTE, Hi-Target Surveying Instrument Co. (China), Maple International Instrument (US), North Group (Spain), Trimble (US), Survey Instruments Services (Singapore), Suzhou FOIF Co. (China), Topcon Corporation (Japan), and Trimble.
Companies Mentioned
- Changzhou Dadi Surveying Science & Technology Co. (China)
- Guangdong Kolida Instrument Co. (China)
- Hexagon (Sweden)
- HILTE
- Stonex
- GPS Lands (Singapore) PTE Ltd.
- Trimble (US)
- Suzhou FOIF Co. (China)
- Topcon Corporation (Japan).
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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