Press release
Scope in Total Station Market: Trends, Price, Revenue, Share, Growth and Forecast Until 2022
Fact.MR
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According to the latest report by Fact.MR, the global total station market is expected to witness moderate growth, registering 4.1% CAGR during the forecast period 2017-2026. Owing to the introduction of advanced features in total station, the demand for total station is increasing in electrical and mechanical construction, mining, meteorology, etc. However, high cost and environmental conditions are hampering the growth of the global total station market. Moreover, total station market is cost sensitive, hence, making it difficult for manufacturers to provide it at competitive prices. Following are the insights on how the global total station market will perform in the coming years.
4 Forecast Highlights on Global Total Station Market
1) Asia Pacific Excluding Japan (APEJ) is expected to dominate the global total station market during the forecast period 2017-2026. Owing to the wide use of mapping and surveying technologies, and the on-going development of smart cities in countries such as India and China, the demand for total station is increasing in the region.
2) North America and Europe are also expected to witness growth during the forecast period 2017-2026. There has been an increase in the use of total stations that can be remotely operated and provide real-time data in North America. Technological advancements and highly skilled workforce are also contributing to the growth in the region.
3) The robotic total station is expected to be the highly preferred product in the global total station market during the forecast period. By the end of 2026, robotic total station is projected to surpass US$ 700 million revenue. The robotic total station is mostly preferred for big commercial and non-commercial projects. Factors such as reduced cost, increased speed, and precision are contributing to the growth of robotic total station.
4) A total station is expected to be largely used by construction sector. By the end of 2026, construction sector is projected to reach nearly US$ 800 million revenue. Meanwhile, mining sector is also expected to witness growth in the global total station market during the forecast period 2017-2026. Rise in infrastructure activities due to the growth in urbanization is driving the demand for total stations globally.
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Table Of Content
1. Global Total Station Market - Executive Summary
2. Global Total Station Market Overview
2.1. Introduction
2.1.1. Global Total Station Market Taxonomy
2.1.2. Global Total Station Market Definition
2.2. Global Total Station Market Size (US$ Mn) and Forecast, 2012-2026
2.2.1. Global Total Station Market Y-o-Y Growth
2.3. Global Total Station Market Dynamics
2.4. Value Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. List of Distributors
2.8. Technological Development Road Map
2.9. PEST Analysis
2.10. Key Participants Market Presence (Intensity Map) By Region
3. Global Total Station Market Analysis and Forecast 2012-2026
3.1. Global Total Station Market Size and Forecast By Product Type, 2012-2026
3.1.1. Robotic Market Size and Forecast, 2012-2026
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Manual Market Size and Forecast, 2012-2026
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continue…@@
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods 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.
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