Robotic Total Station Market 2019-2024
Measuring robot, also known as a robotic total station, is the measurement platform with automatic target recognition, automatic calibration, automatic angle measurement and distance measurement, automatic target tracking, automatic recording function. The primary use of robotic total stations is in surveying, which is critical and demands high precision. Robotic total stations are advanced, easy to install, reliable, and fast, due to which surveying applications contributed the largest share of over 44% in 2016.
This industries Concentration is very high. The three leading companies Hexagon, Topcon and Trimble share over 99% market and still keep their expansion by developing high-end products.
Request a Sample Copy of Report @ https://www.planetmarketreports.com/report-sample/robotic-total-station-market-2019-2024
North America is the largest consumption region of Robotic Total Station, with a consumption market share nearly 39.42% in 2016. North America accounted for the highest share of robotic total stations market in 2016, as it is a mature market for automation and robotic technology, which has already incorporated robots in various industrial and services sectors. Compared with other regions, there is high awareness in the Americas with regards to advanced technology and its advantages. This factor has contributed to the growth of robots and automation in North America. The second place in Europe; following North America with the consumer market share over 33.35% in 2016. The industries and services sector are constantly trying to improve productivity by incorporating automated solutions and robotic equipment. The advantages of robotic total stations over traditional surveying equipment include factors such as cost reduction, precision, and speed, which are the primary considerations in mining and construction applications. APAC accounted for the smallest market share of robotic total stations market in 2016, as it is a cost-conscious region with small and medium-scale construction and surveying contractors who are averse to investing in cost-intensive technologies. However, the region is witnessing growth in the adoption of traditional total stations owing to increased awareness with respect to the advantages of robotic total stations.
According to this study, over the next five years, the Robotic Total Station market will register a 5.7% CAGR in terms of revenue, the global market size will reach US$ 1220 million by 2024, from US$ 880 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in the Robotic Total Station business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Robotic Total Station market by product type, application, key manufacturers and key regions and countries.
This study considers the Robotic Total Station value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
0.5 Accuracy
1 Accuracy
2 and Other Accuracy
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Surveying
Engineering and Construction
Excavation
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
America
APAC
Europe
Middle East & Africa
The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
Hexagon
Topcon
Trimble
CST/Berger
South Group
FOIF
Boif
Dadi
TJOP
Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/robotic-total-station-market-2019-2024
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Robotic Total Station consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Robotic Total Station market by identifying its various sub-segments.
Focuses on the key global Robotic Total Station manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.
To analyze the Robotic Total Station with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Robotic Total Station submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Our analysts can customize this market research report to meet your requirements.
Contact Info:
Name: Jennifer Daniel
Email-Id: sales@planetmarketreports.com
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports