Press release
Global Robotic Total Station Market to Reach an Estimated Value of US$ 1350 Million by 2025
Qyresearchreports include new market research report Global Robotic Total Station Market Insights, Forecast to 2025 to its huge collection of research reports.This report presents the worldwide Robotic Total Station market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Measuring robot, also known as robotic total station, is the measurement platform with automatic target recognition, automatic calibration, automatic angle measurement and distance measurement, automatic target tracking, automatic recording function. The primary use of robotic total stations is in surveying, which is critical and demands high precision. Robotic total stations are advanced, easy to install, reliable, and fast, due to which surveying applications contributed the largest share of over 44% in 2016.
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This industries Concentration is very high. The three leading companies Hexagon, Topcon and Trimble share over 99% market and still keep their expansion by developing high-end products.
North America is the largest consumption region of Robotic Total Station, with a consumption market share nearly 39.42% in 2016. The North America accounted for the highest share of robotic total stations market in 2016, as it is a mature market for automation and robotic technology, which has already incorporated robots in various industrial and services sectors. Compared with other regions, there is high awareness in the Americas with regards to advanced technology and its advantages. This factor has contributed to the growth of robots and automation in the North America. The second place is Europe; following North America with the consumption market share over 33.35% in 2016. The industries and services sector are constantly trying to improve productivity by incorporating automated solutions and robotic equipment.
The advantages of robotic total stations over traditional surveying equipment include factors such as cost reduction, precision, and speed, which are the primary considerations in mining and construction applications. APAC accounted for the smallest market share of robotic total stations market in 2016, as it is a cost-conscious region with small and medium-scale construction and surveying contractors who are averse to investing in cost-intensive technologies. However, the region is witnessing growth in the adoption of traditional total stations owing to increased awareness with respect to the advantages of robotic total stations.
The Robotic Total Station market was valued at 880 Million US$ in 2017 and is projected to reach 1350 Million US$ by 2025, at a CAGR of 5.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Robotic Total Station.
The following manufacturers are covered in this report:
Hexagon
Topcon
Trimble
CST/berger
South Group
FOIF
Boif
Dadi
TJOP
Robotic Total Station Breakdown Data by Application
Surveying
Engineering and Construction
Excavation
Robotic Total Station Production by Region
United States
Europe
China
Japan
Other Regions
Complete table of content is available at: https://www.qyresearchreports.com/report/global-robotic-total-station-market-insights-forecast-to-2025.htm/toc
Robotic Total Station Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Robotic Total Station status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Robotic Total Station manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Read Detailed Research Study at: https://www.qyresearchreports.com/report/global-robotic-total-station-market-insights-forecast-to-2025.htm
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Robotic Total Station market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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