Global Total Station Market Analysis & Trends - Industry Forecast to 2030
Total Station: Market Size
From $2.1 billion in 2024, the global Total Station market is projected to reach $3.8 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 10.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include constant improvements in data collection & analysis software, advanced robotic total stations, and high growth potential in forensic investigation applications.
Global Total Station Market: Market Dynamics
Some of the factors such as the positive demand from the thriving construction industry, growing demand for 3D modeling and scanning across industries, and the use of total stations for essential measurements in railways are driving the market growth.
On the other hand, the high cost and availability of other surveying alternatives are likely to obstruct the profit boundaries. In addition, growing investments in building and modernizing infrastructure by developing nations will further boost the Total Station market.
Impact of COVID-19 on Total Station
COVID-19 has severely impacted the global economy and all the industries throughout the globe. The COVID-19 pandemic had a high impact on the construction industry globally, especially in 2020. Construction sites in different parts of the world were forced to shut down due to lack of raw materials, financial problems, and workforce shortage. Furthermore, the imposition of lockdowns worldwide halted many ongoing and planned projects, which affected the demand for total stations and other equipment in the construction industry. However, with the upliftment of lockdowns and vaccine rollouts, the industry has gained momentum in 2021 and is expected to recover at a fast pace. Hence, it is expected that the demand for total stations will also grow steadily during the forecast period.
By Type
Robotic Total Station Segment Dominate the Market in 2024
The robotic total station segment made huge revenue in 2024 during the forecast period. Robotic total stations are much easier to use and highly preferred over manual total stations. The manual total station needs a two-person operation, whereas the robotic total station requires a one-person operation. Robotic total stations are costly in comparison to manual total stations, but they are cost-efficient and time-saving.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period owing to the growing population, rising urbanization, and expanding construction industry in emerging economies such as China and India. Surveying and mapping technologies are widely used in APAC.
List of the Key Players Profiled in the Market Include: • Beijing Cap High Technology Co. Ltd.
• Carlson Software
• Guangdong Kolida Instruments Co. Ltd.
• Hexagon AB
• Hi-Target
• Horizon SG
• Laser Technology, Inc.
• NWI
• Sanding Optic-Electric Instrument Co. Ltd.
• South Surveying & Mapping Technology Co. Ltd.
• Stonex Srl
• Suzhou Foif Co. Ltd.
• TI Asahi Co. Ltd.
• Topcon Corporation
• Trimble Inc
List of the Regions/Countries Profiled in the Market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others