Measuring Robot Market: Size, Share, Latest Trend, Growth Rate Report, Opportunity Analysis & Key Drivers
Measuring robot is defined as the measurement platform with automatic target recognition, automatic calibration, automatic angle measurement & distance measurement, automatic target tracking, automatic recording function. It is also referred as robotic total station. The main use of measuring robots is in surveying, which is critical & demands high precision. Robotic total station is an integrated system that consists of storage system, electronic data collector, and microprocessor. The functions of a measuring robot include data processing, coordinate measurement, distance measurement, and angle measurement.
The increase in demand of measuring robots by
construction sector, owing to the modernization of surveying tools and
techniques for the purpose of land surveying is one of the major driving
factors expected to boost the global measuring robot market growth during this
forecast period. The growing demand for fast and accurate measurements in land
surveying will accelerate the demand for measuring robot in the market.
The growing urbanization and industrialization is
expected to propel the target market growth. Also, the increase in investments
in utility industries like oil and gas and the increase in construction of
highways and bridges in developing countries like India, China, Indonesia, and
Brazil drive the global measuring robot market growth.
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Manufacturers are focusing on development and launch
of advanced products which expected to support the market growth. For instance,
in June 2019, Topcon had launched GT series robotic total station which offers
incredible efficiency in surveying & stake out operation with 3D data at
construction site. It ensure high-precision and stable measurements with
auto-collimating function, quick and smooth measurement with high speed
turning, and High portability with a light weight and small body.
The presence of alternative systems such as GPS
systems, and laser system for and surveying poses a threat to the measuring
robot market such factors hinder the market growth throughout the forecast
period.
Measuring
Robot Market Segmentation
The Global Measuring Robot Market is segmented into
type such as 0.5''- 1'' accuracy, and 2''- others accuracy, by application such
as Surveying, Engineering & Construction, and Excavation. Further, market
is segmented into end user such as Construction, Utilities, Mining, and Others.
Also, the Global Measuring Robot Market is segmented
into five regions such as North America, Latin America, Europe, Asia Pacific,
and Middle East & Africa.
Regional
Analysis
The North America registered for the highest
share of measuring robot market in 2018 as it is a mature market for automation
and robotic technology, which has already incorporated robots in various
industrial & services sectors. Also, the Asia Pacific is projected to hold
the largest revenue share throughout the forecast period and Latin America and
MEA region is expected to grow at the fastest rate.
Market
Key Players
Some key operating players are listed in this
report such as Topcon, Hexagon, Trimble, HILTE, STONEX, Suzhou FOIF Co., GPS
LANDS (SINGAPORE) PTE LTD, Guangdong Kolida Instrument Co., CARLSON, Changzhou
Dadi Surveying Science & Technology Co.Ltd , etc.
Market
Segmentation Analysis
By
Type
·
0.5''- 1'' accuracy
·
2''- others accuracy
By
Application
·
Surveying
·
Engineering & Construction
·
Excavation
By
End User
·
Construction
·
Utilities
·
Mining
·
Others
By
Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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