Press release
Theodolite Market Is Projected to Grow at a CAGR of 5.0% from 2017 to 2022
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.Investigation of accidents, tactical observations, land surveying and landmark triangulations has led to a surge in demand for theodolites. Moreover, theodolite is equipped with features such as import/export map markers, data sharing and logging, and mapping. As government in various countries are pushing for development of smart cities, adoption of the electronic devices such as theodolite is likely to increase globally.
Construction and surveying industry has further contributed towards growth of the global theodolite market. Government in various countries are increasingly looking for solutions that ensure smart, equitable and sustainable resources. As government in various countries continue to push for development of the smart city, adoption of the theodolite devices will continue to increase significantly.
Request Sample Copy of the Report at
https://www.factmr.com/connectus/sample?flag=S&rep_id=315
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.
Besides application in the construction and transportation industry, theodolite devices continue to witness significant adoption in the healthcare industry. Surge in demand to conduct surveys in the field of architecture, planning, engineering and geology is further expected to impact growth of the global market positively. Surveys conducted on the vertical and horizontal planes will further rev up sales of theodolite devices globally.
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.
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.
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.
Report Analysis at https://www.factmr.com/report/315/theodolite-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Theodolite Market Is Projected to Grow at a CAGR of 5.0% from 2017 to 2022 here
News-ID: 1300762 • Views: …
More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…

Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…

Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…

Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…