According to the latest report by IMARC Group, “Global Robotic Total Station Market Trends, Share, Growth, Industry Size, Opportunity and Forecast 2022-2027″, the global robotic total stations (RTS)market reached a value of US$ 736.3 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1136.3 Million by 2027 exhibiting a CAGR of 7.10% during 2022-2027.
A robotic total station (RTS) represents an electronic instrument that allows remote operations when measuring vertical and horizontal angles, excavating, surveying, and constructing plant chimneys and dams. It is used to perform various calculations and inspections as it consists of an electronic distance meter and theodolite. RTS is an integrated system that comprises of a microprocessor, camera, electronic data collector, etc. It caters to accurate measurements, enhanced speed, quality assurance, cost-effectiveness, and reduced errors. RTS also includes distance measurement, coordinate measurement, angle measurement, and data processing functionalities. Consequently, it finds extensive applications across various sectors, such as mining, engineering services, utilities, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Robotic Total Stations (RTS) Market Trends and Drivers:
The expanding construction industry is primarily driving the robotic total stations (RTS) market. In line with this, the growing demand for RTS to modernize surveying tools and techniques for land surveying, the accurate calculation of coordinates, eliminating manual errors, etc., is further catalyzing the market growth.
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Moreover, the integration of global positioning system (GPS) and Internet of Things (IoT) technologies for real-time monitoring of productivity and safety measures is acting as another significant growth-inducing factor.
Besides this, the increasing product requirement for accident investigations on highways and crime scenes is also augmenting the global market. Furthermore, the inflating demand for these instruments in precision farming, transportation planning, highway and roadway management, smart city development, etc., is anticipated to fuel the robotic total stations (RTS) market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Robotic Total Stations (RTS) Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Carlson Software, Changzhou Dadi Surveying Science & Technology Co. Ltd., GPS Lands (Singapore) Pte. Ltd., Guangdong Kolida Instrument Co. Ltd., Hexagon AB, Hilti Corporation, STONEX Srl, Suzhou FOIF Co. Ltd., Topcon Corporation and Trimble Inc.
The report has segmented the market on the basis of region, type, application and end user.
Breakup by Type:
- 0.5”- 1” Accuracy
- 2”- Others Accuracy
Breakup by Application:
- Engineering and Construction
Breakup by End User:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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