Total Station Market to grow at a CAGR of 6.61% during 2017-2021: GENEQ, Leica Geosystems, TOPCON, and Trimble

MarketResearchNest.com adds “Global Total Station Market 2017-2021” new report to its research database. The report spread across 99 pages with table and figures in it.

Research analysts forecast the global total station market to grow at a CAGR of 6.61% during the period 2017-2021.

About Total Station
A total station is an electronic/optical instrument used in modern surveying to measure individual points of information that are used for surveying purposes. A total station consists of an electronic theodolite, integrated with an electronic distance measuring (EDM) instrument, and a microprocessor with a memory unit. A total station helps in measuring the vertical angles, horizontal angles, and slope distances from the instrument to a particular point.

Covered in this report
The report covers the present scenario and the growth prospects of the global total station market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Total Station Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global total station market: GENEQ, Leica Geosystems, TOPCON, and Trimble.

Other Prominent Vendors in the market are: Maple International Instrument, Changzhou Dadi Surveying Science & Technology, Suzhou FOIF, Survey Instrument Services, Hi-Target Surveying Instrument, and GUANGDONG KOLIDA INSTRUMENT.

Commenting on the report, an analyst from Research team said: “One trend in the market is increasing utilization of total stations in designing process. The construction sector is one of the major sectors where total stations play a key role. Advances in digital technology have made the work of planning various construction projects easy. BIM (Building Information Modeling) is one of the key advances, which is a process of using a collection of data to digitally create a 3D model of the finished products.”

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According to the report, one driver in the market is rapid urbanization leading to increased mobility infrastructure. According to the World Bank data, in 2017, global population crossed 7.5 billion. Nearly 500 million people have migrated from rural to urban areas in the last six years. This implies the future scope for rapid urbanization. Rapid urbanization and growing population will increase the need for mobility-driven infrastructure. To meet the growing need for rapid movement of people from one place to another, transport infrastructure must be given more importance. This transport infrastructure includes underground railway systems, roads, highways, bridges, and others. The growing investments in the transport sector will create a huge demand for total stations.

Further, the report states that one challenge in the market is slow growth in mining and exploration activities. Mining survey is a specialist area of surveying involving the measurement, representation, and management of data associated with mining operations, which could be either underground or open‐cut mine workings. These measurements enable new mine works to avoid older and possibly flooded ones, allow connections to be made between different underground passages, and establish the boundaries of mining claims and territories. Mine surveyors are responsible for preparing and updating the entire surface and underground plans of a mine to account for new buildings and other structures and keep records of mining operations.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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