LONDON--(BUSINESS WIRE)--The global robotic total stations market is expected to grow at a CAGR of more than 6% during the forecast period, according to Technavio’s latest market research.
In this market research report, Technavio covers the market outlook and growth prospects of the global robotic total stations market for 2017-2021. The market is further categorized into three application segments which include surveying, engineering and construction, and excavation. 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 42% in 2016.
“The market will witness a steady growth during the forecast period as developments in automation have resulted in the introduction of sophisticated surveying equipment that has advantages over traditional equipment. Also, factors such as increased productivity, speed, reliability, and quality will result in the growth of the global robotic total stations market,” says Sushmit Chakraborty, a lead robotics research expert from Technavio.
Technavio’s research analysts segment the global robotic total stations market into the following regions:
- Americas
- EMEA
- APAC
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Robotic total stations market in Americas
The Americas 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 the Americas.
The Americas has witnessed the adoption of robotic total stations among contractors and surveyors. Addressing productivity and reducing human error have been the primary considerations for the implementation of robotic total stations. Skilled workers are required to operate the stations and analyze the data. The controllers used to remotely operate robotic total stations allow the contractor to receive real-time data input from the field. As the region has skilled workers who can understand and operate robotic total stations for better decision-making, the adoption rate in this region is higher as compared to other regions.
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Robotic total stations market in EMEA
EMEA accounted for the second largest share of the robotic total stations market 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.
“The robotic total stations market will witness the growth during the forecast period owing to reduction in operational costs as they can be operated remotely and do not require an operator to control the equipment manually. Moreover, robotic total stations allow the operators and contractors to reduce the operation time and cycle-time in addition to providing them with precise data for enhanced decision-making,” says Sushmit.
Robotic total stations market in APAC
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.
As robotic total stations need to be operated by skilled labor who can adjust the stations and understand data analytics, training and field support will facilitate the adoption of this advanced technology.
The top vendors in the global robotic total stations market as highlighted in this market research analysis are:
- Carlson Software
- GENEQ
- Leica Geosystems
- Topcon
- Trimble
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