Theodolite, a measuring instrument, which has been used to measure angles in the vertical and horizontal planes for the past couple of decades is likely to face competition from a new laser tracker technology. Modern theodolite finds widespread application in geological surveying and construction activities. In recent years, its use in meteorology and aerospace has also increased considerably. A theodolite consists of a movable telescopic lens fixed within two perpendicular axes: the zenith axis and the trunnion axis or the horizontal axis. Theodolite allows more precise measuring of the angles of each of these axes of the targeted objects. A new report published by Fact.MR projects that the global theodolite market will reach a valuation of more than US$ 300 Mn by 2022-end. Theodolite Market Scenario Construction, aircraft manufacturing, and architecture are some of the sectors where theodolite has been used for years. As such, the cons...