JAVA based tools that doesn't require any introduction in our industry. It is widely used mainly because of its community that supports this open source software.
Its auto manage dependencies is one of the best feature of this software. Just include it in gradle and sync it...done ! all the changes will be done on its own. Its interface to work with modules are also not that difficult to learn and manage.
It also includes virtual SDK's where you do not have to buy original phone and then do test on that. It allows you to download any particular SDK and develop your application on that specific SDK so saving your real money.
Minimum hardware requirements for running this tool is above average. With systems less than 4 gigs RAM it can take forever to build the project. And the chances for crashes while working with Virtual Device is high for this low end system. Though it may not be problem for large companies but for small scles, it has high startup cost for purchasing high configuration PC.
With wide community support it is sure to grow very rapidly so choosing this over other could be preferable.
Our company's all the android development is done with this tool. The response from our employees is too much positive while working with Android Studio. Exporting Importing application and integrating modules is smooth without any difficulty. Also many tutorials are available on internet so employees mostly are able to solve their problems without concerning to their higher officials.