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Recent Technological Advancements to Propel Growth of the Dumpy Level Market in Foreseeable Future

04-23-2021 07:51 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

In 2020, the spread of Covid-19 pandemic throughout the world resulted in declining the overall demand for dumpy level market creating an obstacle for the manufacturers.

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As the lockdown and other restrictions are completely lifted up in 2021, leading players are investing in research and development projects and technological advancements to ensure better offerings to their users.

Prominent players like Leica Corporation, Bosch, General Titanium, Lufkin, Astor Corporation, Spectra Precision and Imex Corporation are adopting product innovations, collaborations, strategic alliances, joint ventures, technological advancements, research & developments, mergers & acquisitions, new product launches etc as their key growth strategies to expand their presence and profitability level.

For instance, Pentax Corporation launched a latest automatic dumpy level called ‘Pentax AP-281 Auto level’ on February 2020. The automatic level Pentax Ap-281 has a rugged magnetically dampened compensator that automatically establishes and holds the line of sight within 10 minutes of level.

The superior optical system includes a focusing eyepiece with a broad field of view. New Pentax AP-281 Automatic level series has been updated from AP128 Series. It is specially designed for use in construction and civil engineering of all types.The latest series is available in 20x, 24x and 28x to cover most job requirements at an economic price.

The top cover, body and base are constructed of metal for the best in robust construction. It is cost-effective, weather and dust resistant, light in weight and gives accurate results which is leading to huge sales of this model for the company.

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In addition to Pentax, Topcon Corporation introduced ‘New Topcon AT-B2 Accurate Auto Level’ in 2020. This model is designed to get accurate results in comparison to previous models in AT-B series. It is durable and dependable with high value auto levels.
Topcon AT-B2 has a magnification of 32 times, field of view is a wide 1 degree and 20 minutes and a rating of IPX6 which means that there is no data available on dust protection but it is protected from powerful water jets preventing condensation forming inside the telescope.
This newly added updated version helps to overcome the vibrations coming from nearby heavy construction plants allowing readings to be taking once more and gives protection against harshest of weather. Topcon has further launched many new models in January 2021 to improve its global presence.

What are Dumpy Levels?

Facilitating connectivity among various regions and countries, construction of roads has gained significant traction with increasing domestic and national trade. This aspect has driven the need for dumpy level, it being a vital component in determining height and relative distance. The sales of dumpy levels are largely influenced with increasing road construction projects worldwide.
According to the analysis carried out by Global Road Map, an alliance of scientists, environmentalists, planners, agricultural specialists and geographers focused on enhanced road planning, unparalleled expansion of roads has been observed in the 21st century. This factor is likely to facilitate a meteoric demand for dumpy, in turn boosting sales in the forthcoming years.

That said, emerging economies are likely to be at the vanguard apropos of use of dumpy level owing to stellar road construction projects. For instance, in India, government is planning to increase highway network of the country by 50,000 kilometers in the next two years, exclaims NHAI (National Highway Authority of India), making it a lucrative market for dumpy level.

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Additionally, new construction projects are also expected to auger well for the industry. High government spending on construction activities has accelerated the use of dumpy level for levelling.

For example, in United States, a 4% increase in construction spending was witnessed in 2017, which is expected to touch 8% in 2018. That said, a significant boom is in the offing and dumpy level manufacturers can expect a steady stream of opportunities in the coming years.

Key Market Dynamics

Increasing construction activities across the globe are anticipated to be boost adoption over the forecast period. Moreover, increasing urbanization is also expected to give traction to the growth during the forecast period. Furthermore, dumpy levels have high optical power and require fewer adjustments at the time of survey. This is also expected to add to the growth of the market in the near future. That apart, the different benefits of dumpy levels, such as simpler construction with fewer moving parts and longer life of adjustments will also add to the growth over the forecast period.

Restraints
Dumpy levels are restricted to only measure horizontal angle, which is anticipated to be a deterrent over the forecast period. Moreover, the angles obtained by dumpy levels are not accurate. This is also anticipated to act as a restraining factor to the growth of the dumpy level market in the near future. Furthermore, dumpy level instruments are difficult to use, which will also hinder the growth over the forecast period. A dumpy level is an older style instrument for leveling and require skill to set accurately. This will further expected to restrain the growth.

Segmentation
Distributor
Retail Outlets
Online

By end-user type, the dumpy level market can be segmented into:
Construction
Others (Highways, Sewers, etc.)
Region-wise Outlook

Asia Pacific and North America are expected to witness massive growth due to estimated growth in the construction sector in emerging economics, such as China and India. Western Europe is estimated to grow with a substantial CAGR during the forecast period, owing to the high demand for dumpy levels in the growing construction sector in the region.

Latin America, in particular, is projected to support growth due to the increasing usage of dumpy levels in construction activities and infrastructure in the region. Japan, the Middle East and Africa are expected to support the growth of the dumpy level market over the forecast period, owing to the growing construction activity in countries, such as UAE and Saudi Arabia.

Competitive Landscape

Jafri Survey Instruments
Robert Bosch Tool Corporation
New Technolab Instruments
Zenith Survey Equipment Ltd
Umar Survey Engineering Works
Entek Instruments India Pvt Ltd
Maruti Sagar Engineering
Edutek Instrumentation
Geo-Allen Co., Ltd.
Micro Teknik
Eco Tech Solution
Ansari Precision Instruments Private Limited
Shambhavi Impex

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology

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