Total Station Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Component (EDM, Microprocessor, Theodolite), By Offering (Hardware, Services), By Type (Manual, Robotic), By Application (Construction, Transportation, Utilities, Oil & Gas, Mining, Agriculture, Others), And By Geography - Forecasts From 2022 To 2027

Published:  Mar 2022 Report Code: KSI061611824 Pages: 133

The Total Station Market is projected to grow at a CAGR of 7.74% during the forecast period to reach US$2.846 billion by 2027, from US$1.689 billion in 2020.

A total station refers to a combined system that contains an electronic data collector, microprocessor, and storage system and is a blend of electronic theodolite and an electronic distance meter. This electronic instrument is employed for land surveying. The chief purposes of a total station include angle, coordinate, and distance measurements and data processing. Total stations are utilized by civil engineers for topographical surveying. Its application is seen in mechanical and electrical construction, mining, and meteorology. Some of the other application areas of a total station include highway and roadway management, transportation planning, and precision farming. Compared to a traditional surveying instrument, the total station provides benefits of high accuracy of measurement, eliminates manual errors of reading and recording, speeds up fieldwork, and provides the precise calculation of coordinates.

The primary factor driving the market growth is the features of total stations like high accuracy, accessibility of data through real-time, and low errors.

An important determinant in propelling the growth of the total station market has been the demand for fast and correct measurements in land surveying. The wide application of total stations for crime scene investigation, accident reconstruction, and insurance companies further contributes to the market's growth. The estimated demand for total stations in the transportation sector is expected to propel the demand for these systems throughout the forecast period. The predicted demand for total stations in the transportation sector is expected to stimulate the demand for these systems throughout the forecast period. In addition, the increase of smart cities provides immense potential for the total station market. Rising demand for total stations in meteorology, mechanical, mining, and electric construction, an increase in the demand for modernized construction plans, rising demand for fast and accurate measurement in rail applications, evolving technological advancements in 3D modeling in surveying technology, and rising building and other construction projects also acts as factors contributing towards the growth of the market.

Environmental conditions, increasing urbanization, growing instrumental costs, and lack of skilled laborers are key factors that act as restraints to this market.

The environmental conditions with the high costs of the instruments and other products associated with it for the measurements will hinder the market growth of total stations. Moreover, the low- availability of skilled laborers will also act as a restraining factor for the growth of the market. Total Stations are almost non-functional in regions with dense trees or buildings. During monsoons, the recurrent losses of satellite signals can shut down GPS systems, further affecting the measurements of GPS-enabled total stations. Nevertheless, these signals are prone to failure due to radio interference, electromagnetic pulse (EMP), and satellite failure. As several total stations are deployed with GPS, these devices completely depend on receiving satellite signals. Consequently, environmental conditions influence the measurements taken by total stations. The growing demand for GPS is also a major challenge for the growth of the total stations market. In addition, the usage of laser scanning for land surveying can hinder market growth.

The Asia Pacific is expected to have a notable share in the total stations market because of the increasing urbanization, adoption of total stations in several sectors, increasing infrastructural growth, and the presence of important performers in the region.

By region, Asia Pacific is expected to be the fastest-growing region for the total station market. Geospatial technologies have been used for rural, mining, and agricultural development over the last decade in this region. Companies in the Asia Pacific across several sectors, such as mining and manufacturing, engineering and construction, transportation, and agriculture, utilize total station technologies to recognize potential markets and adopt geospatial information to construct strategic decisions. Surveying and mapping technologies are extensively practiced in the region. Moreover, the growth of smart cities in India, China, Korea, and other countries in Southeast Asia has propelled the requirement for total stations in this region. The adoption of total stations for highway and roadway management, transportation planning, forestry management, and precision farming is accelerating the growth of the total station market in the region. With the growing infrastructural growth in multiple countries in this region, total stations are assumed to be utilized for smart city planning and urban expansion programs. Other factors propelling the market's growth in this region include the presence of fundamental players and the growth rate of development. The growing investments in the construction and engineering sectors in this region are also crucial factors aiding in the growth of the market. The North American region is also expected to grow significantly throughout the forecast period. The growing transportation and better availability of skilled professions in major countries such as Canada and the US will drive the market growth. Furthermore, the important players are concentrating on research and development and cost-effective techniques that will also advance the market in the forecast period.

COVID-19 Insights

COVID-19 has hindered the market of the total station. Multiple factors such as social distancing, lockdown, and stress on the healthcare facilities affected the global economy. The construction activities were suspended for several months. In addition, the costs of raw materials, transportation, and labor increased. As a result, various small business organizers endured large losses. Nevertheless, with the ease of lockdown, the market is retrieving its strength. It is expected that if COVID-19 is constrained, the market growth of the total station will expand simultaneously.

Total Station Market Scope:

Report Metric Details
 Market size value in 2020  US$1.689 billion
 Market size value in 2027  US$2.846 billion
 Growth Rate  CAGR of 7.74% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, Offering, Type, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Changzhou Dadi Surveying Science & Technology Co, Suzhou FOIF Co, Leica Geosystems, Hi-Target Surveying Instrument Co, North Group, Trimble, Topcon Corporation, Kara Company, Kwipped, Celtic Surveys, Stonex
 Customization scope  Free report customization with purchase

 

Key Market Segments

  • By Component
    • EDM
    • Microprocessor
    • Theodolite
  • By Offering
    • Hardware
    • Services
  • By Type
    • Manual
    • Robotic
  • By Application
    • Construction
    •  Transportation
    •  Utilities
    •  Oil & Gas
    •  Mining
    •  Agriculture
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • Thailand
      • Indonesia
      • South Korea
      • India
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the total station market size by 2027?
A1. The total station market is projected to reach a market size of US$2.846 billion by 2027.


Q2. What are the growth prospects for the total station market?
A2. The global total station market is projected to grow at a CAGR of 7.74% over the forecast period.


Q3. What factors are anticipated to drive the total station market?
A3. The primary factor driving the market growth are the features of total stations like high accuracy, accessibility of data through real-time, and low errors.


Q4. What is the size of the global total station market?
A4. Total Station Market was valued at US$1.689 billion in 2020.


Q5. Which region holds the maximum market share in the total station market?
A5. The Asia Pacific is expected to hold a notable share in the total stations market due to the increasing urbanization, adoption of total stations in several sectors, increasing infrastructural growth, and the presence of important performers in the region.

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5. TOTAL STATION MARKET, BY COMPONENT 
5.1. Introduction
5.2. EDM
5.3. Microprocessor
5.4. Theodolite

6. TOTAL STATION MARKET, BY TYPE
6.1. Introduction
6.2. Manual
6.3.  Robotic

7. TOTAL STATION MARKET, BY OFFERING
7.1. Introduction
7.2.  Hardware
7.3.  Services

8. TOTAL STATION MARKET, BY APPLICATION
8.1. Introduction
8.2. Construction
8.3.  Transportation
8.4.  Utilities
8.5. Oil & Gas
8.6.  Mining
8.7.  Agriculture
8.8. Others

9. TOTAL STATION MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France 
9.4.3. United Kingdom
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Israel
9.5.4. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. South Korea
9.6.4. Taiwan
9.6.5. Thailand
9.6.6. Indonesia 
9.6.7. Japan
9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrative
10.3. Mergers, Acquisition, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix

11. COMPANY PROFILES
11.1. Changzhou Dadi Surveying Science & Technology Co
11.2.  Suzhou FOIF Co
11.3. Leica Geosystems
11.4. Hi-Target Surveying Instrument Co
11.5. North Group
11.6. Trimble
11.7. Topcon Corporation
11.8. Kara Company
11.9. Kwipped
11.10. Celtic Surveys
11.11. Stonex

Changzhou Dadi Surveying Science & Technology Co

Suzhou FOIF Co

Leica Geosystems

Hi-Target Surveying Instrument Co

North Group

Trimble

Topcon Corporation

Kara Company

Kwipped

Celtic Surveys

Stonex

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