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Total station market to hit a CAGR of 6.3% by 2022

Industrial Market Research

The global total station market is expected to grow at a CAGR of 6.3% between 2017 and 2023.

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The total station market is expected to be valued at USD 2.04 billion by 2023.

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The market in APAC is driven by geospatial technologies that are being utilized for mining, rural, and agricultural development over the last decade. Surveying and mapping technologies are widely used for the same in APAC.

In addition, the development of smart cities in China, India, and other countries in Southeast Asia has driven demand for total station in this region.

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The hardware section of this market includes the types: manual and robotic. It also includes total station integrated with GNSS antenna and without GNSS.

Total stations with different specifications are manufactured by the leading players such as Hexagon, Trimble, and Topcon Corporation with different technical specifications.

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Key driving factors for the growth of this market are the need for modernized construction plan, 3D modeling in surveying technology, and demand for fast and precise rail application. However, the major restraining factors for the growth of this market are the environmental conditions affecting the measurement and high cost associated with the device.

Total station Market Report’s includes for this Target Audience:

  • Total station manufacturers
  • Manufacturers of components such as actuators, prisms, and related accessories
  • Professional services/training providers
  • End users from the listed industries
  • Components suppliers, system integrators
  • Research institutes and organizations
  • Construction associations
  • Government bodies, venture capitalists, and private equity firms

“Transportation application expected to grow at the highest CAGR between 2017 and 2023”

Transportation has created an ever-increasing demand for total stations. It measures the coordinates of horizontal and vertical alignment.

It measures the angles and coordinates that help the surveyors to map the natural surface available for the construction of highways, tunnels, and bridges as well as design a model through the CAD software.   

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Market Dynamics landscape 

  1. Drivers
    Need for Modernized Construction Plan
    3D Modelling in Surveying Technology
    Demand for Fast and Precise Measurement in Rail Application
  1. Restraints
    Environmental Conditions Affecting the Measurement
    High Cost Associated With the Device 

Top 25 Companies analyzed for this study are - Beijing Bofei Instrument Co., Advanced Surveying Instruments India, Changzhou Dadi Surveying Science & Technology Co., Suzhou FOIF Co., Hexagon, Survey Instruments Services, Hi-Target Surveying Instrument Co., Guangdong Kolida Instrument Co., Maple International Instrument, North Group, Robert Bosch, South Surveying & Mapping Instrument Co., Stonex, TI Asahi Co., Topcon Corporation, Trimble, Geo-Allen Co., geo-Fennel, Hilti, Kara Company, Precision equipment Rental, Axis- GPS and Surveying Instruments, Northwest Lasers & Instruments, Kwipped, Celtic Surveys.

Research Coverage: 

The research report on the total station market covers different segments-offerings, type, application, and geography. The market by offering is segmented into hardware and services.

The market has been segmented on the basis of type into manual and robotic. The market has been segmented on the basis of application into: construction, transportation, utilities, mining, oil & gas, agriculture, and others (waste management, forestry, marine).The report covers the market in 4major geographical regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

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