April 4, 2020

Theodolite Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2019 to 2027

According to a new market report published by Credence Research, Inc., “Global Theodolite Market – Growth, Future Prospects, and Competitive Landscape, 2019 – 2027”, the global theodolite market is expected to grow by 5.4% CAGR during the forecast period from 2019 to 2027.

Product Insights

The global theodolite market was valued at US$ 1,203.7 million in 2018 and is expected to grow significantly, growing at CAGR by 5.4% over the forecast period from 2019 to 2027. Theodolites are used to measure angles using a movable telescope. It helps to measure horizontal angles, vertical angles and incline distances from the instrument to a particular point. The transformation of tools and techniques in the field of surveys has led to the introduction of a variety of tools for survey purposes. The increasing need for correct measurements and navigation has led to an increase in demand for theodolites in the global market. Moreover, the investigation of tactical observations, accidents, landmark triangulations, and land surveys has driven demand for theodolites and is likely to increase significantly during the forecast period from 2019 to 2027.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/theodolite-market

The theodolite market is segmented on the basis of product type, end-use, and geography. Based on the end-use industry, the construction sector gained the largest market share in 2018. Growing demand for infrastructure and continuous development in the construction industry are the main factors driving the overall market for theodolites. In addition, the use of theodolites in transport is expected to have a maximum growth rate during the forecast period. Rising investment in transport infrastructure is likely to support the growth of the segment. Moreover, based on geography, Asia Pacific dominated the theodolite market in 2018. The region is expected to remain dominant during the forecast period from 2019 to 2027.  Growth is mainly driven by the rising development of smart cities in India, China and other Southeast Asian countries, which is driving demand for theodolites in the region.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59811

The major players are aiming at taking up strategies such as new product development, product innovation, partnerships, etc. to endure and flourish in the competitive market environs.

List of Companies Covered:

  • Hexagon AB
  • Topcon
  • Trimble, Inc.
  • EIE Instruments
  • South Surveying & Mapping Technology CO., LTD
  • Horizon SG
  • Hilti Group
  • Robert Bosch GmbH
  • Beijing Bofei Instrument Co., Ltd.
  • Changzhou Dadi Surveying Science & Technology Co., Ltd.

Market Segmentation

By Product Type Segment

 • Optical Theodolite

 • Electronic Theodolite

 • Vernier Theodolite

By End-use Industry Segment

 • Construction

 • Transportation

 • Oil & Gas

 • Mining

 • Agriculture

 • Others

By Geography Segment Type

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of theodolite market in 2018 and forecast up to 2027?
  • What are the key factors driving the global theodolite market?
  • What are the key market trends and high-growth opportunities observed in the theodolite market?
  • What are the drivers of the theodolite market?
  • Which is the largest regional market for theodolite market?
  • Which segment will grow at a faster pace? Why?
  • Which region will drive the market growth? Why?
  • Which players are leading the theodolite market?
  • What are the sustainability strategies adopted by the key players operating in the market?

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59811

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