|05-14-2018 02:06 PM CET - Business, Economy, Finances, Banking & Insurance||
Overview of Global Theodolite Market Production, Consumption, Revenue and Market share, Reviewed till 2022
Press release from: Fact.MR
A freshly compiled business intelligent report, titled “Theodolite Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about theodolite market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.
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With the growing need for application in sightseeing, land measurements, navigation and outdoor sports, demand for theodolite has continued to gain momentum in the global market. Bound with various multi-functional features such as rangefinder, nav calculator, compass, GPS, geo-overlay movie camera/photo, sales of theodolite will continue to rev up during the forecast period. Fact.MR states that the global theodolite market is expected to represent a value of over US$ 300 Mn by the end of 2022.
Electronic Products to Boost Sales in Global Market
Growing need to construct buildings and institutions has led to an upsurge in demand for the electronic theodolite devices. On the basis of product type, the electronic segment is expected to generate significant revenues, accounting for a value of more than US$ 70 Mn by the end of 2022. This segment is expected to register a robust CAGR in the global market during the forecast period.
Based on application, the construction segment is expected to represent the highest revenue growth, representing a value of over US$ 80 Mn by the end of 2022. However, the construction segment and the industrial segment is expected to register the highest CAGR in the global theodolite market during the forecast period.
Survey of Mountain Ranges to Boost Sales
Growing application of theodolite for orology is further likely to underscore significant growth opportunities for the global theodolite market. As demand for re-measuring the mountain ranges in countries such as China and India continue to increase, adoption of the theodolite devices are expected to rev up during the forecast period. Moreover, manufacturers are increasingly integrating advanced technological features such as enhanced GPS and laser tracking attributes to offer high precision measurements. Growing need to make accurate measurements of the mountain ranges is expected to impact growth of the global theodolite market positively.
On the other hand, various factors will continue to inhibit growth of the global theodolite market throughout the forecast period. Availability of the alternate devices for conducting surveys is likely to dip sales of theodolite devices. Moreover, limited availability of raw materials is likely to pose significant challenges to the manufacturers. These factors are expected to impact growth of the global theodolite market adversely.
Advanced Features to Create Lucrative Opportunities
Growing need for navigating and making accurate measurements has led to an upsurge in demand for theodolites in the global market. Apart from increasing application to measure and navigate, theodolites are also used as an augmented reality application that was released in the iPhone. Similar to the SpyGlass application, the theodolite electronic devices enable the end users to figure out directions and locations. Attributed to features such as two axis inclinometer, GPS, map and compass, theodolite devices operate as navigating device with enhanced features. Increasing need for measuring angles in the vertical and horizontal planes has led to an upsurge in demand for surveying applications.
Leading market players operating in the global theodolite market include Hexagon AB, Topcon Corporation, Trimble, EIE Instruments, South Surveying & Mapping Instrument Co Ltd, Suzhou FOIF Co., Ltd., Survey Instruments Services Pte Ltd and Hilti Group.
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Table of Content:
1. Global Theodolite Market – Executive Summary
2. Global Theodolite Market Overview
2.1.1. Global Theodolite Market Taxonomy
2.1.2. Global Theodolite Market Definition
2.2. Global Theodolite Market Size (US$ Mn) and Forecast, 2012-2026
2.2.1. Global Theodolite Market Y-o-Y Growth
2.3. Global Theodolite Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. Service Provider List
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Theodolite Market Analysis and Forecast 2012-2026
3.1. Global Theodolite Market Size and Forecast By Product Type, 2012-2026
3.1.1. Optical Theodolite Market Size and Forecast, 2012-2026
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
3.1.2. Electronic Theodolite Market Size and Forecast, 2012-2026
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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