Theodolite Market Analysis and Overview: Global Theodolite Market Insights Covering Market Competitive Scenario through 2022

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The global theodolite market is expected to register a healthy growth attributed to the growing need for making accurate measurements during the construction process. Apart from making accurate measurements in the construction industry, application of the theodolite also contributes during the study of orology. Growing need to re-measure the mountain ranges by the survey department of countries such as China and India continues to fuel growth of the global Theodolite Market. Integration of advanced technological features that enable laser tracking and GPS monitoring for high precision measurement has further contribute towards growth of the global theodolite market.

Growth of the global theodolite market is mainly bound to various macro-economic and micro-economic factors. The report reveals that the increasing demand for making precise measurements in various industries such as construction and transportation industry has led to an upsurge in demand for theodolite market. Emerging technology will continue to transform and redefine the application of theodolite globally. With the emerging technology, manufacturers are focusing on integrating the advanced technological features in theodolite devices in order to equip them with enhanced GPS and laser tracking attributes. Bound to these factors, adoption of the theodolite devices will continue to increase in the global market.

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With the growing need for application in sightseeing, land measurements, navigation and outdoor sports, demand for theodolite has continued to gain momentum in the global market. Bound with various multi-functional features such as rangefinder, nav calculator, compass, GPS, geo-overlay movie camera/photo, sales of theodolite will continue to rev up during the forecast period.

Investigation of accidents, tactical observations, land surveying and landmark triangulations has led to a surge in demand for theodolites. Moreover, theodolite is equipped with features such as import/export map markers, data sharing and logging, and mapping. As government in various countries are pushing for development of smart cities, adoption of the electronic devices such as theodolite is likely to increase globally.

Development of Smart City to Impact Market Growth

Construction and surveying industry has further contributed towards growth of the global theodolite market. Government in various countries are increasingly looking for solutions that ensure smart, equitable and sustainable resources. As government in various countries continue to push for development of the smart city, adoption of the theodolite devices will continue to increase significantly.

Advanced Features to Create Lucrative Opportunities

Growing need for navigating and making accurate measurements has led to an upsurge in demand for theodolites in the global market. Apart from increasing application to measure and navigate, theodolites are also used as an augmented reality application that was released in the iPhone. Similar to the SpyGlass application, the theodolite electronic devices enable the end users to figure out directions and locations. Attributed to features such as two axis inclinometer, GPS, map and compass, theodolite devices operate as navigating device with enhanced features. Increasing need for measuring angles in the vertical and horizontal planes has led to an upsurge in demand for surveying applications.

Construction and Transportation Industry to Boost Sales

Besides application in the construction and transportation industry, theodolite devices continue to witness significant adoption in the healthcare industry. Surge in demand to conduct surveys in the field of architecture, planning, engineering and geology is further expected to impact growth of the global market positively. Surveys conducted on the vertical and horizontal planes will further rev up sales of theodolite devices globally.

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Growing need to construct buildings and institutions has led to an upsurge in demand for the electronic theodolite devices. On the basis of product type, the electronic segment is expected to generate significant revenues, accounting for a value of more than US$ 70 Mn by the end of 2022. This segment is expected to register a robust CAGR in the global market during the forecast period.

Based on application, the construction segment is expected to represent the highest revenue growth, representing a value of over US$ 80 Mn by the end of 2022. However, the construction segment and the industrial segment is expected to register the highest CAGR in the global theodolite market during the forecast period.

Competition Tracking

Leading market players operating in the global theodolite market include Hexagon AB, Topcon Corporation, Trimble, EIE Instruments, South Surveying & Mapping Instrument Co Ltd, Suzhou FOIF Co., Ltd., Survey Instruments Services Pte Ltd and Hilti Group.

Table of Contents

  1. Global Theodolite Market – Executive Summary
  2. Global Theodolite Market Overview

2.1. Introduction

2.1.1. Global Theodolite Market Taxonomy

2.1.2. Global Theodolite Market Definition

2.2. Global Theodolite Market Size (US$ Mn) and Forecast, 2012-2026

2.2.1. Global Theodolite Market Y-o-Y Growth

2.3. Global Theodolite Market Dynamics

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. Service Provider List

2.9. Key Participants Market Presence (Intensity Map) By Region

  1. Global Theodolite Market Analysis and Forecast 2012-2026

3.1. Global Theodolite Market Size and Forecast By Product Type, 2012-2026

3.1.1. Optical Theodolite Market Size and Forecast, 2012-2026

3.1.1.1. Revenue (US$ Mn) Comparison, By Region

3.1.1.2. Market Share Comparison, By Region

3.1.1.3. Y-o-Y growth Comparison, By Region

Continued……………………………..

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