The major players in the total station market are GENEQ, Inc., Leica Geosystems, Trimble Inc., Topcon Corporation, Beijing Bofei Instrument, Advanced Surveying Instruments, Suzhou FOIF, Hi-Target Surveying Instrument, Guangdong Kolida Instrument, STONEX Srl, Hexagon AB , and North Group.
New York, June 16, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Total Station Global Market Report 2022” – https://www.reportlinker.com/p06286075/?utm_source=GNW
The global total station market is expected to grow from $1.64 billion in 2021 to $1.76 billion in 2022 at a compound annual growth rate (CAGR) of 7.25%. The total station market is expected to reach $2.24 billion in 2026 at a CAGR of 6.19%.
The total station market includes sales of total station product entities (organizations, independent traders, and partnerships) that refer to an electronic/optical instrument used in modern surveying and building construction. The products use an electronic transit theodolite in conjunction with an electronic distance meter (EDM) and it is integrated with the CPU, an electronic data collector and an integrated storage system.
The instrument is used to determine the slant distance of the object from the instrument, as well as the horizontal and vertical angles. This microprocessor unit allows the calculation of the acquired data in order to determine the horizontal distance, the coordinates of the point and the decreased level of the point.
The main types of total stations are robotic and manual and their components include hardware and software. The robotic segment includes sales of the robotic total station by entities (organizations, independent traders and partnerships) which refer to electronic or optical instruments used to measure vertical and horizontal angles and slopes between the RTS and a particular topographic point. and operated by a remote operator using a remote control.
These systems reduce the manpower required for surveying through a manual process to a robotic process from 2-3 resources to one resource, and reduce human error, optimize labor utilization and offer digital record keeping. Total station end-use industries include oil and gas, agriculture, mining, construction, transportation, utilities, and others.
Asia-Pacific was the largest region in the total station market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in the Total Station market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Increasing investment in infrastructure development is driving the growth of the total station market. In infrastructure development, total stations are used in surveying due to various technical factors including improved accuracy, efficiency and functionality, documentation and sketches, presence of technology image capture, storage and data sharing on traditional surveying instruments.
According to the study published in Global Infrastructure Hub, global infrastructure investment is expected to increase from $2.8 trillion in 2021 to $3.1 trillion in 2027. Thus, the rapid increase in infrastructure projects and investment across the world is expected to boost total demand. station products around the world.
New product launches are a key trend that is gaining popularity in the total station market. The company operating in the total station market focuses on developing and launching innovative products with advanced technologies to meet the specific technical demand of various end industries across the globe.
For example, in 2021, Trimble today launched the Trimble SX12 scanning total station, the next iteration of its revolutionary 3D scanning total station that facilitates fast and efficient data capture for professionals in surveying, land engineering and geospatial. New surveying and complicated 3D modeling capabilities, as well as new workflows in tunneling and underground mining, are made possible by new features such as a high-powered laser pointer and a high resolution camera.
In 2020, Brandt Group is a Canada-based company currently operating in concession, manufacturing and other divisions, acquired Sokkia for an undisclosed amount. This acquisition helps Brandt become the sole reseller of Sokkia optical surveying instruments, accessories and components for the entire Canadian market, which has a direct impact on the Ontario and Quebec markets.
Sokkia Co., Ltd. is a Japan-based company involved in the manufacture and distribution of surveying, construction and industrial measurement technology.
The countries covered in the Total Station market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06286075/?utm_source=GNW
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