Market Overview:
The global laser rangefinder receivers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for laser rangefinders in military and construction applications. In addition, the growing demand for industrial and sports applications is also contributing to the growth of this market. Based on type, the global laser rangefinder receivers market can be segmented into InGaAs PIN, InGaAs APD, and others. The InGaAs PIN segment is expected to hold a major share of this market during the forecast period owing to its high accuracy and low cost. Based on application, the global laser rangefinder receivers market can be divided into military, construction, industrial, sports, and others.
Product Definition:
A laser rangefinder receiver is a device used to detect and measure the distance to an object using a laser. They are often used in sporting events, such as golf, archery, and rifle shooting, to help ensure that the shooter is properly lined up with their target. Laser rangefinders can also be used in surveying and construction applications.
InGaAs PIN:
InGaAs pin is a type of semiconductor material which has an ability to produce infrared light. It's used in laser rangefinder receivers due to its property that allows it absorb the light and re-emit it after amplification. The amplified version of the signal is detected by the ranging engine which enables high sensitivity and accuracy in detecting targets.
InGaAs APD:
InGaAs APD is an alloy of Indium Gallium Arsenide. It has high thermal conductivity and low electrical conductance, which makes it a good material for making laser rangefinder receivers. The InGaAs APD film is used as a photodiode in the laser rangefinder receiver to convert the light into electrical signals.
The global market for InGaAs-based laser rangefinder receivers was estimated at USD 3,100 million in 2016.
Application Insights:
The military application segment accounted for the largest share of over 50% in 2017. The laser rangefinders are widely used by the military personnel for ranging targets and measuring the distances between them. They are also used in applications, such as battlefield management, surveillance & reconnaissance, target acquisition and identification, and anti-aircraft warfare. Moreover, increasing adoption of LIDARs by defense agencies across countries for land use measurement is expected to drive demand over the forecast period.
The construction industry is anticipated to emerge as one of the fastest-growing segments during the forecast period owing to increasing investments from governments across countries in infrastructure development projects such as transportation facilities (ports & airports), water supply systems/drinking water treatment plants etc., which require accurate measurements of both horizontal and vertical positions regarding building structures or sites for construction purposes.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing military and defense budget, which is anticipated to drive demand for laser rangefinder receivers in U.S., Canada, and Mexico. In addition, growing construction activities across U.S.
Asia Pacific regional market was valued at USD X million in 2017 due with rapid growth of industrial sector especially manufacturing facilities of electronic products such as smartphones and laptops by companies including Samsung Electronics Co., Ltd.; Foxconn Technology Group; LG Electronics Inc.
Growth Factors:
- Increasing demand for laser rangefinders in the military and defense sector
- Growing adoption of laser rangefinders in the commercial sector
- Rising demand for advanced and innovative laser rangefinder receivers
- Proliferation of new applications for laser rangefinder receivers
- Growing investments in research and development activities to develop new technologies for laser rangefinder receivers
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Rangefinder Receivers Market Research Report
By Type
InGaAs PIN, InGaAs APD, Others
By Application
Military, Construction, Industrial, Sports, Others
By Companies
Analog Modules Inc. (HEICO), Wooriro, SK-Advanced Group, Vitex, Analog Modules Inc. (HEICO)
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Laser Rangefinder Receivers Market Report Segments:
The global Laser Rangefinder Receivers market is segmented on the basis of:
Types
InGaAs PIN, InGaAs APD, Others
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
Military, Construction, Industrial, Sports, Others
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:
- Analog Modules Inc. (HEICO)
- Wooriro
- SK-Advanced Group
- Vitex
- Analog Modules Inc. (HEICO)
Highlights of The Laser Rangefinder Receivers 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:
- InGaAs PIN
- InGaAs APD
- Others
- By Application:
- Military
- Construction
- Industrial
- Sports
- Others
- 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 Laser Rangefinder Receivers 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
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- 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?
A laser rangefinder receiver is a device that uses lasers to measure distances. They are often used in hunting and shooting applications, as they allow shooters to accurately hit targets at long distances.
Some of the major companies in the laser rangefinder receivers market are Analog Modules Inc. (HEICO), Wooriro, SK-Advanced Group, Vitex, Analog Modules Inc. (HEICO).
The laser rangefinder receivers market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Rangefinder Receivers 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 Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size & Forecast, 2018-2028
4.5.1 Laser Rangefinder Receivers Market Size and Y-o-Y Growth
4.5.2 Laser Rangefinder Receivers Market Absolute $ Opportunity
Chapter 5 Global Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size Forecast by Type
5.2.1 InGaAs PIN
5.2.2 InGaAs APD
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size Forecast by Applications
6.2.1 Military
6.2.2 Construction
6.2.3 Industrial
6.2.4 Sports
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Rangefinder Receivers 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 Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Analysis and Forecast
9.1 Introduction
9.2 North America Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size Forecast by Type
9.6.1 InGaAs PIN
9.6.2 InGaAs APD
9.6.3 Others
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 Laser Rangefinder Receivers Market Size Forecast by Applications
9.10.1 Military
9.10.2 Construction
9.10.3 Industrial
9.10.4 Sports
9.10.5 Others
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 Laser Rangefinder Receivers Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size Forecast by Type
10.6.1 InGaAs PIN
10.6.2 InGaAs APD
10.6.3 Others
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 Laser Rangefinder Receivers Market Size Forecast by Applications
10.10.1 Military
10.10.2 Construction
10.10.3 Industrial
10.10.4 Sports
10.10.5 Others
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 Laser Rangefinder Receivers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size Forecast by Type
11.6.1 InGaAs PIN
11.6.2 InGaAs APD
11.6.3 Others
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 Laser Rangefinder Receivers Market Size Forecast by Applications
11.10.1 Military
11.10.2 Construction
11.10.3 Industrial
11.10.4 Sports
11.10.5 Others
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 Laser Rangefinder Receivers Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Rangefinder Receivers 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 Laser Rangefinder Receivers Market Size Forecast by Type
12.6.1 InGaAs PIN
12.6.2 InGaAs APD
12.6.3 Others
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 Laser Rangefinder Receivers Market Size Forecast by Applications
12.10.1 Military
12.10.2 Construction
12.10.3 Industrial
12.10.4 Sports
12.10.5 Others
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) Laser Rangefinder Receivers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Rangefinder Receivers 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) Laser Rangefinder Receivers Market Size Forecast by Type
13.6.1 InGaAs PIN
13.6.2 InGaAs APD
13.6.3 Others
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) Laser Rangefinder Receivers Market Size Forecast by Applications
13.10.1 Military
13.10.2 Construction
13.10.3 Industrial
13.10.4 Sports
13.10.5 Others
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 Laser Rangefinder Receivers Market: Competitive Dashboard
14.2 Global Laser Rangefinder Receivers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Analog Modules Inc. (HEICO)
14.3.2 Wooriro
14.3.3 SK-Advanced Group
14.3.4 Vitex
14.3.5 Analog Modules Inc. (HEICO)
