Market Overview:
The global distance measurement equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for distance measurement equipment in various applications such as communication, environment, building, navigation and aviation, military, agriculture and forestry, and other applications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Distance Measurement Equipment is a device used to measure the distance between two points. It is important for many reasons, including construction and navigation.
Photoelectric Distance Measure:
Photoelectric distance measurement is a tool used to measure the distance between two objects by using light as a source and detecting the presence of target object. It uses photoelectric effect which happens when light interact with matter. The mechanism works on the basis that incident light imparts its energy into electron pairs in an atom, molecule or another particle and then these electrons get separated from their original place to another place.
Sonic Distance Measure:
Sonic distance measure is a device used to measure the distance between two objects. It works on the principle of ultrasound and uses high frequency sound waves to determine the distance between two objects. Sonicdistance measures are mainly used in material handling equipment, robotics, automated storage systems, palletizing & depalletizing systems and other industrial applications where accurate positioning of products is required.
Application Insights:
The market is segmented by application into communication, environment, building, navigation and aviation military agriculture and forestry other. The building segment dominated the overall industry in terms of revenue share in 2017. It is expected to maintain its dominance over the forecast period owing to extensive use across construction activities such as floor planning for office spaces, residential buildings or industrial complexes.
The equipment used for navigation and aviation are highly accurate devices that provide critical information regarding location-related issues such as time stamps or altitude which aid decision-making processes during emergencies or rescue operations. These devices play a crucial role during natural disasters such as earthquakes when precise information regarding locations becomes important for effective response and rescue operations.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of market players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period, with Asia Pacific being the fastest-growing regional market from 2018 to 2030. This can be attributed to increasing foreign investments in developing infrastructure such as communication networks and buildings in countries such as China, India, Japan, South Korea, Australia and New Zealand. Moreover Distance Measurement Equipment (DME) manufacturing companies are also expanding their production capacities due to rising demand for consumer electronics devices equipped with Global Positioning System (GPS) units that use DMEs for accurate positioning services.
The Asia Pacific region is anticipated to witness significant growth opportunities due both primarily on account of increasing government spending on defense & security applications along with other emerging sectors such as agriculture & forestry monitoring systems used by farmers for crop monitoring purposes; environmental monitoring systems used by oil & gas exploration companies; etc.
Growth Factors:
- Increasing demand for advanced and accurate distance measurement equipment in various industrial and commercial applications is expected to drive the growth of the market.
- Growing popularity of laser-based distance measurement equipment owing to its high accuracy is anticipated to boost the demand for these devices over the forecast period.
- Proliferation of portable devices and increasing adoption of miniaturized distance measurement equipment in consumer electronics sector is likely to fuel the growth of this market during the forecast period.
- Rising need for automated process control in manufacturing industries is projected to create lucrative opportunities for Distance Measurement Equipment market players over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Distance Measurement Equipment Market Research Report
By Type
Photoelectric Distance Measure, Sonic Distance Measure
By Application
Communication, Environment, Building, Navigation and Aviation, Military, Agriculture and Forestry, Other
By Companies
Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Mileseey, Newcon Optik, Leupold, OPTi－LOGIC, BOSMA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Distance Measurement Equipment Market Report Segments:
The global Distance Measurement Equipment market is segmented on the basis of:
Types
Photoelectric Distance Measure, Sonic Distance Measure
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communication, Environment, Building, Navigation and Aviation, Military, Agriculture and Forestry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trueyard
- Vista Outdoor
- ORPHA
- NIKON
- ZEISS
- Leica Camera
- LTI
- HILTI
- Bosch
- FLUKE
- Mileseey
- Newcon Optik
- Leupold
- OPTi－LOGIC
- BOSMA
Highlights of The Distance Measurement Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Photoelectric Distance Measure
- Sonic Distance Measure
- By Application:
- Communication
- Environment
- Building
- Navigation and Aviation
- Military
- Agriculture and Forestry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Distance Measurement Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Distance measurement equipment is a tool used to measure the distance between two points. This can be done using a variety of methods, including laser rangefinders, radar, and satellite technology.
Some of the major players in the distance measurement equipment market are Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Mileseey, Newcon Optik, Leupold, OPTiï¼LOGIC, BOSMA.
The distance measurement equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Distance Measurement Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Distance Measurement Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Distance Measurement Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Distance Measurement Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Distance Measurement Equipment Market Size & Forecast, 2018-2028
4.5.1 Distance Measurement Equipment Market Size and Y-o-Y Growth
4.5.2 Distance Measurement Equipment Market Absolute $ Opportunity
Chapter 5 Global Distance Measurement Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Distance Measurement Equipment Market Size Forecast by Type
5.2.1 Photoelectric Distance Measure
5.2.2 Sonic Distance Measure
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Distance Measurement Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Distance Measurement Equipment Market Size Forecast by Applications
6.2.1 Communication
6.2.2 Environment
6.2.3 Building
6.2.4 Navigation and Aviation
6.2.5 Military
6.2.6 Agriculture and Forestry
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Distance Measurement Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Distance Measurement Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Distance Measurement Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Distance Measurement Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Distance Measurement Equipment Market Size Forecast by Type
9.6.1 Photoelectric Distance Measure
9.6.2 Sonic Distance Measure
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Distance Measurement Equipment Market Size Forecast by Applications
9.10.1 Communication
9.10.2 Environment
9.10.3 Building
9.10.4 Navigation and Aviation
9.10.5 Military
9.10.6 Agriculture and Forestry
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Distance Measurement Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Distance Measurement Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Distance Measurement Equipment Market Size Forecast by Type
10.6.1 Photoelectric Distance Measure
10.6.2 Sonic Distance Measure
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Distance Measurement Equipment Market Size Forecast by Applications
10.10.1 Communication
10.10.2 Environment
10.10.3 Building
10.10.4 Navigation and Aviation
10.10.5 Military
10.10.6 Agriculture and Forestry
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Distance Measurement Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Distance Measurement Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Distance Measurement Equipment Market Size Forecast by Type
11.6.1 Photoelectric Distance Measure
11.6.2 Sonic Distance Measure
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Distance Measurement Equipment Market Size Forecast by Applications
11.10.1 Communication
11.10.2 Environment
11.10.3 Building
11.10.4 Navigation and Aviation
11.10.5 Military
11.10.6 Agriculture and Forestry
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Distance Measurement Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Distance Measurement Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Distance Measurement Equipment Market Size Forecast by Type
12.6.1 Photoelectric Distance Measure
12.6.2 Sonic Distance Measure
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Distance Measurement Equipment Market Size Forecast by Applications
12.10.1 Communication
12.10.2 Environment
12.10.3 Building
12.10.4 Navigation and Aviation
12.10.5 Military
12.10.6 Agriculture and Forestry
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Distance Measurement Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Distance Measurement Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Distance Measurement Equipment Market Size Forecast by Type
13.6.1 Photoelectric Distance Measure
13.6.2 Sonic Distance Measure
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Distance Measurement Equipment Market Size Forecast by Applications
13.10.1 Communication
13.10.2 Environment
13.10.3 Building
13.10.4 Navigation and Aviation
13.10.5 Military
13.10.6 Agriculture and Forestry
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Distance Measurement Equipment Market: Competitive Dashboard
14.2 Global Distance Measurement Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trueyard
14.3.2 Vista Outdoor
14.3.3 ORPHA
14.3.4 NIKON
14.3.5 ZEISS
14.3.6 Leica Camera
14.3.7 LTI
14.3.8 HILTI
14.3.9 Bosch
14.3.10 FLUKE
14.3.11 Mileseey
14.3.12 Newcon Optik
14.3.13 Leupold
14.3.14 OPTi－LOGIC
14.3.15 BOSMA
