North America Total Station Market Size, Share & Industry Trends Analysis Report By Offering (Hardware and Services), By Type (Manual and Robotic), By Application, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The North America Total Station Market would witness market growth of 4.5% CAGR during the forecast period (2021-2027).
A total station requires line of sight observations to ascertain an absolute location and can be set up over a defined location or with a line of sight to two or more places with known locations, referred to as free stationing. As a result, some total stations have a Global Navigation Satellite System receiver and can determine coordinates without requiring a direct line of sight. GNSS measurements, on the other hand, may necessitate longer occupation durations and provide rather poor vertical axis precision.
To increase efficiency, the total station includes automatic aiming systems. It facilitates and expedites targeting of the subject. A total station can quickly complete all of these activities, saving a significant amount of time.
In this region, various types of developments are constantly going on. Governments are constantly working on offering more convenience to their citizens. There is a significant number of highways that are being built across this region. According to the Federal Highway Administration, there is a total of 164,000 miles of the public road is covered with highways. Moreover, the Strategic Highway Network is one of the most crucial highway networks for the United States due to the fact that this network is mostly being utilized for defense transportation activities. The construction of these highways and roads requires accurate measurement of the area and its coordinates
Additionally, 47,000 miles of the US roads are occupied by interstate highways. The increasing number of prevailing interstate highways, as well as those that are expected to be built in the future, is increasing the demand for a more accurate measurement device.
The US market dominated the North America Total Station Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $512.9 million by 2027. The Canada market is exhibiting a CAGR of 6.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 5.9% during (2021 - 2027).
Based on Offering, the market is segmented into Hardware and Services. Based on Type, the market is segmented into Manual and Robotic. Based on Application, the market is segmented into Construction, Mining, Oil & Gas, Agriculture, Utilities, Forensic Investigation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Total Station Market is Estimated to reach $2.1 Billion by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Beijing UniStrong Science & Technology Corporation Limited, Laser Technology, Inc., Hexagon AB, Topcon Corporation, Trimble, Inc., South Surveying & Mapping Technology Co., Ltd., Guangdong Kolida Instrument Co., Ltd., TI Asahi Co., Ltd., Horizon SG, and Hi-Target Global.
Scope of the Study
Market Segments Covered in the Report:
- Oil & Gas
- Forensic Investigation
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Beijing UniStrong Science & Technology Corporation Limited
- Laser Technology, Inc.
- Hexagon AB
- Topcon Corporation
- Trimble, Inc.
- South Surveying & Mapping Technology Co., Ltd.
- Guangdong Kolida Instrument Co., Ltd.
- TI Asahi Co., Ltd.
- Horizon SG
- Hi-Target Global
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