The robotic total stations global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Robotic Total Stations Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The robotic total stations market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.10 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to increasing demand for high-precision surveying and mapping, growing construction and infrastructure development projects, the need for efficiency and accuracy in land surveying applications, enhancing productivity and reducing labor costs, improving safety and minimizing human errors in surveying tasks, expansion of urbanization and smart city development initiatives.
The robotic total stations market size is expected to see strong growth in the next few years. It will grow to $1.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to the demand for real-time data collection and analysis, expansion of applications in environmental monitoring and management, adoption in mining, agriculture, and forestry sectors, focus on sustainable and green construction practices, growth of the global construction market, regulatory support and standards compliance in surveying processes. Major trends in the forecast period include the adoption of high-precision positioning technology, expansion for autonomous operation, integration of advanced imaging capabilities, growth in demand for real-time data collection, development of user-friendly software interfaces, collaboration between manufacturers and developers, expansion in infrastructure projects, adoption of cloud-based data storage, integration with building information modeling.
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Scope Of Robotic Total Stations Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Robotic Total Stations Market Overview
Market Drivers –
The rising adoption of precision farming is expected to propel the robotic total stations market going forward. Precision farming refers to the use of advanced technology, such as GPS (global positioning systems), sensors, and drones, to optimize agricultural practices with precision and efficiency. Precision farming adoption arises because of increasing numbers of farmers, cost savings, and increased efficiency and productivity. Robotic total stations are used in precision farming primarily for their high-precision measurement capabilities and their ability to automate certain tasks, making them valuable tools for various applications in agriculture. For instance, in August 2023, according to reports published by the United States Department of Agriculture (USDA), a US-based government agency, the national average for precision technology usage in 2023 reached 27%, up from 2 percentage points more than in 2021. Additionally, 85% of farms reported internet access, with 32% utilizing online platforms for purchasing agricultural inputs, marking a 3-point surge from 2021. The report is based on responses from approximately 14,000 agricultural operations, representing all sizes and types of farms. Therefore, the rising adoption of precision farming is driving the growth of the robotic total stations market.
Market Trends –
Major companies operating in the property management market are focused on developing advanced technological solutions, such as vacation property management solutions, to help property managers optimize their revenue and occupancy. Vacation property management solutions refer to platforms designed to assist property owners in managing their vacation rental properties efficiently and effectively with a range of tools and features tailored specifically for vacation rental management. For instance, in October 2023, Streamline VRS, a US-based property management software company, launched Streamline One, a revolutionary all-in-one solution designed for property managers in the vacation rental industry. The platform offers a unified solution that includes various components such as property management software, CRM (customer relationship management) and homeowner acquisition, revenue management, payments and guest verification, mobile solutions, insurance, websites and marketing, call solutions, and training resources. This platform offers comprehensive tools to streamline operations and enhance business growth.
The robotic total stations market covered in this report is segmented –
1) By Type: 0.5”- 1” Accuracy, 2”- Others Accuracy
2) By Application: Surveying, Engineering And Construction, Excavation
3) By End User: Construction, Utilities, Mining, Other End User
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Regional Insights –
Asia-Pacific was the largest region in the robotic total stations market in 2023. LAMEA is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic total stations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the robotic total stations market are STONEX Srl, Delta Electronics Inc, Hexagon AB, Nikon Corporation, Trimble Inc., Amazon Robotics, Topcon Corporation, Symbotic, Bastian Solutions India Pvt. Ltd., Hilti Corporation, Kinova Inc., Vecna Robotics Inc., Carlson Software, GPS Lands Singapore Pte Ltd., Maple International Instrument Inc., Pentax Surveying, Changzhou Dadi Surveying Science & Technology Co. Ltd., Kolida Instrument Co. Ltd., Sokkia Co. Ltd, Suzhou FOIF Co. Ltd., Beijing BoFei Instrument Co. Ltd., CST/Berger Corporation, South Group, Toshiba Robotics
Table of Contents
1. Executive Summary
2. Robotic Total Stations Market Report Structure
3. Robotic Total Stations Market Trends And Strategies
4. Robotic Total Stations Market – Macro Economic Scenario
5. Robotic Total Stations Market Size And Growth
…..
27. Robotic Total Stations Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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