Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Distance Meter Market by Type (Ultrasonic Distance Meter, Laser Distance Meter), By Application (Automotive, Construction, Aerospace & Defense, Military Field, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Distance Meter Market by Type (Ultrasonic Distance Meter, Laser Distance Meter), By Application (Automotive, Construction, Aerospace & Defense, Military Field, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 304569 4200 Machinery & Equipment 377 233 Pages 4.7 (38)
                                          

Market Overview:


The global distance meter 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 ultrasonic and laser distance meters in various applications such as automotive, construction, aerospace & defense, military field, and other applications. North America is expected to hold the largest share of the global distance meter market in 2018 followed by Europe and Asia Pacific. However, Asia Pacific is projected to grow at the highest CAGR during the forecast period owing to rising industrialization and growing demand for ultrasonic and laser distance meters in various countries such as China, India, Japan, South Korea, and Taiwan.


Global Distance Meter Industry Outlook


Product Definition:


A distance meter or rangefinder is a device that calculates the distance between two points. It is often used in photography, surveying, and navigation. Distance meters are important for calculating the size of objects and for measuring distances between objects.


Ultrasonic Distance Meter:


Ultrasonic distance meter is a device used to measure the distance between two objects. It works on the principle of ultrasound which is a form of non-ionizing electromagnetic radiation. The ultrasonic transducer in the device produces an ultrasonic pulse and reflects off the object and then measures time taken for echo to return.


Laser Distance Meter:


A laser distance meter is a tool that emits a beam of light and measures the time taken for the light to travel between two points. It can be used in various applications such as construction, mining, agriculture and others. The product has gained popularity owing to its ability to measure accurately even small distances with high precision.


Application Insights:


The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The increasing need for tracking vehicle location information with respect to both real-time and historical data has created a high demand for DMM solutions in this sector. Moreover, these meters are used as part of several safety systems such as blind-spot detection, forward collision warning system, adaptive front lighting and active park assistance among others.


The construction industry is expected to emerge as one of the fastest growing segments during the forecast period owing to several factors such as rapid urbanization along with an increase in infrastructure development activities across various countries worldwide.


Regional Analysis:


The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing use of laser and ultrasound based devices for construction, industrial, and military applications. For instance, according to the National Institute of Standards & Technology (NIST), in 2015 U.S. government invested approximately USD X billion on defense equipment which includes both civil and military infrastructure projects such as buildings, roads etc.


Growth Factors:


  • Increasing demand for distance meters in the automotive industry for safety and fuel efficiency reasons.
  • The increasing demand from the construction and mining industries for accurate distance measurements in difficult to reach or hazardous areas.
  • Growing popularity of laser-based distance meters, which are seen as more accurate than traditional optical devices.
  • Advances in digital signal processing (DSP) technology that are making smaller, cheaper and more powerful distance meters possible.

Scope Of The Report

Report Attributes

Report Details

Report Title

Distance Meter Market Research Report

By Type

Ultrasonic Distance Meter, Laser Distance Meter

By Application

Automotive, Construction, Aerospace & Defense, Military Field, Other

By Companies

Bosch Service Solutions(Germany), Fluke(US), Extech Instruments(US), Leica Geosystems(Sweden), PCE Instruments(Germany), Uni-Trend(China), Spectra Lasers(US), Duncan Instruments(Canada), TackLifeTools(US), Reed-Direct(US), Bosch Service Solutions(Germany), DME Company(US), Harbor Frieght Tools(US), Control Company(US)

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

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Distance Meter Market Report Segments:

The global Distance Meter market is segmented on the basis of:

Types

Ultrasonic Distance Meter, Laser Distance Meter

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

Automotive, Construction, Aerospace & Defense, Military Field, 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:

  1. Bosch Service Solutions(Germany)
  2. Fluke(US)
  3. Extech Instruments(US)
  4. Leica Geosystems(Sweden)
  5. PCE Instruments(Germany)
  6. Uni-Trend(China)
  7. Spectra Lasers(US)
  8. Duncan Instruments(Canada)
  9. TackLifeTools(US)
  10. Reed-Direct(US)
  11. Bosch Service Solutions(Germany)
  12. DME Company(US)
  13. Harbor Frieght Tools(US)
  14. Control Company(US)

Global Distance Meter Market Overview


Highlights of The Distance Meter Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ultrasonic Distance Meter
    2. Laser Distance Meter
  1. By Application:

    1. Automotive
    2. Construction
    3. Aerospace & Defense
    4. Military Field
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Distance Meter 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:

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Global Distance Meter Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Distance meter is a tool used to measure the distance between two points.

Some of the key players operating in the distance meter market are Bosch Service Solutions(Germany), Fluke(US), Extech Instruments(US), Leica Geosystems(Sweden), PCE Instruments(Germany), Uni-Trend(China), Spectra Lasers(US), Duncan Instruments(Canada), TackLifeTools(US), Reed-Direct(US), Bosch Service Solutions(Germany), DME Company(US), Harbor Frieght Tools(US), Control Company(US).

The distance meter 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 Meter 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 Meter Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Distance Meter 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 Meter 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 Meter Market Size & Forecast, 2020-2028       4.5.1 Distance Meter Market Size and Y-o-Y Growth       4.5.2 Distance Meter Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 Ultrasonic Distance Meter
      5.2.2 Laser Distance Meter
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Automotive
      6.2.2 Construction
      6.2.3 Aerospace & Defense
      6.2.4 Military Field
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Distance Meter 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 Meter 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 Ultrasonic Distance Meter
      9.6.2 Laser Distance Meter
   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  Market Size Forecast by Applications
      9.10.1 Automotive
      9.10.2 Construction
      9.10.3 Aerospace & Defense
      9.10.4 Military Field
      9.10.5 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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 Ultrasonic Distance Meter
      10.6.2 Laser Distance Meter
   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  Market Size Forecast by Applications
      10.10.1 Automotive
      10.10.2 Construction
      10.10.3 Aerospace & Defense
      10.10.4 Military Field
      10.10.5 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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 Ultrasonic Distance Meter
      11.6.2 Laser Distance Meter
   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  Market Size Forecast by Applications
      11.10.1 Automotive
      11.10.2 Construction
      11.10.3 Aerospace & Defense
      11.10.4 Military Field
      11.10.5 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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 Ultrasonic Distance Meter
      12.6.2 Laser Distance Meter
   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  Market Size Forecast by Applications
      12.10.1 Automotive
      12.10.2 Construction
      12.10.3 Aerospace & Defense
      12.10.4 Military Field
      12.10.5 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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 Ultrasonic Distance Meter
      13.6.2 Laser Distance Meter
   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)  Market Size Forecast by Applications
      13.10.1 Automotive
      13.10.2 Construction
      13.10.3 Aerospace & Defense
      13.10.4 Military Field
      13.10.5 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 Meter Market: Competitive Dashboard
   14.2 Global Distance Meter Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bosch Service Solutions(Germany)
      14.3.2 Fluke(US)
      14.3.3 Extech Instruments(US)
      14.3.4 Leica Geosystems(Sweden)
      14.3.5 PCE Instruments(Germany)
      14.3.6 Uni-Trend(China)
      14.3.7 Spectra Lasers(US)
      14.3.8 Duncan Instruments(Canada)
      14.3.9 TackLifeTools(US)
      14.3.10 Reed-Direct(US)
      14.3.11 Bosch Service Solutions(Germany)
      14.3.12 DME Company(US)
      14.3.13 Harbor Frieght Tools(US)
      14.3.14 Control Company(US)

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