Press release
Theodolite Market To Extent An Assessed Value Of US$ 560 Mn By 2022 to 2031 : FactMR
Escalating demand for explicit and accurate measurements in the construction industry has led to an upsurge in demand for theodolite devices. Additionally, technological integration in theodolite devices is predicted to have a positive impact on global market growth. Fact.MR projects that the global market for theodolite is projected to represent US$ 550 Mn by 2031-end.
Request Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=315
Key Segments Covered in Theodolite Industry Research
• Theodolite Market by Product Type
o Vernier Theodolite
o Optical Theodolite
o Electronic Theodolite
• Theodolite Market by Application
o Theodolite for Construction
o Theodolite for Oil & Gas
o Theodolite for Mining
o Theodolite for Agriculture
o Others
• Theodolite Market by Sales Channel
o Offline Channels
Wholesalers/Distributors
Independent Small Stores
Other Sales Channels
o Online Channels
• Theodolite Market by Region
o North America Theodolite Market
o Latin America Theodolite Market
o Europe Theodolite Market
o South Asia Theodolite Market
o East Asia Theodolite Market
o Oceania Theodolite Market
o Middle East Africa Theodolite Market
Request Customization - https://www.factmr.com/connectus/sample?flag=RC&rep_id=315
Key Takeaways from Market Study
Rising urbanization is a key macroeconomic factor that can positively impact the global theodolite market.
Innovation in technology is expected to enable manufacturers to develop next-generation theodolite, such as electronic or robotic theodolite. These types of theodolites are likely to become the preferred choice in surveying operations.
Among the applications, construction theodolite has been the fastest-growing segment, owing to rise of the construction sector globally.
North America is set to dominate market revenue and gain 89 BPS by 2031.
Due to the COVID-19 crisis, demand for theodolite was hit in 2020, which witnessed a decline of 1.3% over the 2nd and 3rd quarters.
Impact of COVID-19
The global industry (comprising constructional and developmental activities) has been heavily influenced by the COVID-19 crisis. Sales in the first quarter of 2020 were weak and experienced widespread store closures.
In case of the theodolite market, COVID-19 significantly stunted demand, owing to the shutdown of manufacturing sites and production houses. Highest hit in demand was observed in the 2nd quarter of 2020, when end-use industries, including construction, transportation, infrastructure, etc., were muted.
Buy Now - https://www.factmr.com/checkout/315
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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 To Extent An Assessed Value Of US$ 560 Mn By 2022 to 2031 : FactMR here
News-ID: 2535397 • Views: 352
More Releases from Fact Mr
Demand For Ethylene Vinyl Acetate Market To Substantially Increase During 2022 - …
A recent study by Fact.MR on the global ethylene vinyl acetate market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of ethylene vinyl acetate.
The study also…
Energy Storage Systems Market To Exhibit Significant Growth In Dollar Opportunit …
A recent study by Fact.MR on the global energy storage systems market offers a 9-year forecast for 2022 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of energy storage systems.
The study also…
Integrated Workplace Management System (IWMS) Market Growth To Register Steller …
A recent study by Fact.MR on the integrated workplace management system market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering integrated workplace management system.
The study also provides…
Heat Exchangers Market To Generate Heightened Revenue Prospects For Manufacturer …
A recent study by Fact.MR on the global heat exchangers market offers a 9-year forecast for 2022 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of heat exchangers.
The study also provides the…
More Releases for Theodolite
Theodolite Market expected to register CAGR of 5.0% ; Electronic theodolite acco …
Growing need for making accurate measurements in the construction industry has led to an upsurge in demand for theodolite devices.
In addition, integration of enhanced technology in the theodolite devices is projected to impact the global market growth of theodolite positively.
Fact.MR projects that the global market of theodolite is projected to represent over US$ 300 Mn by 2022-end.
Factors Fuelling Growth of the Global Market
Growth of the global theodolite market…
Optical Theodolite Market Highlights on Future Development 2024
The recent research report on the global Optical Theodolite market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market.
The report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new entrants, leading…
Global Theodolite Market Growth 2019-2024
A theodolite is an instrument for measuring both horizontal and vertical angles, as used in triangulation networks, and geo-location work. It is a tool used in the land surveying and engineering industry, but theodolites have been adapted for other specialized purposes as well. The horizontal accuracy of theodolites depends on "seconds". The 2-5" accuracy theodolite is above the middle level.
A modern theodolite consists of a movable telescope mounted within two…
Theodolite Market to Reap Excessive Revenues by 2022
Global Theodolite Market: Overview
The global theodolite market is expected to register a healthy growth attributed to the growing need for making accurate measurements during the construction process. Apart from making accurate measurements in the construction industry, application of the theodolite also contributes during the study of orology.
Growing need to re-measure the mountain ranges by the survey department of countries such as China and India continues to fuel growth of…
Theodolite Market: New Laser Tracker Technology to Compete with the Age-Old Theo …
Theodolite, a measuring instrument, which has been used to measure angles in the vertical and horizontal planes for the past couple of decades is likely to face competition from a new laser tracker technology. Modern theodolite finds widespread application in geological surveying and construction activities. In recent years, its use in meteorology and aerospace has also increased considerably. A theodolite consists of a movable telescopic lens fixed within two perpendicular…
Theodolite Market: Sales through Construction Application to Generate Significan …
Growing need for making accurate measurements in the construction industry has led to an upsurge in demand for theodolite devices. In addition, integration of enhanced technology in the theodolite devices is projected to impact the global market growth of theodolite positively. Fact.MR projects that the global market of theodolite is projected to represent over US$ 300 Mn by 2022-end.
Request For Sample Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=315
Factors Fuelling Growth of the Global Market
Growth of…
