Market Overview:
The global miniature laser pointer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturized laser pointers across different applications, such as travel, astronomy, fire/disaster relief, construction and industrial applications. Additionally, the growing adoption of miniaturized laser pointers in medical and defense applications is also contributing to the growth of this market.
Product Definition:
A miniature laser pointer is a small, low-power laser device used as an aid in presentations or for pointing out objects of interest. The importance of a miniature laser pointer is that it provides a convenient way to direct attention to specific items or areas without having to get up close and personal.
Red:
The global market for the red laser is expected to grow at a CAGR of XX% from 2016 to 2024. The key drivers attributing towards its large share include growing demand in Pointer devices and Laser toys industry. Moreover, it has been observed that these lasers are most preferred among the consumers who have recently purchased their first home or are planning to purchase soon.
Hyacinth:
Hyacinth is a blue flower and it's bulbs are used as a source of decorative color in mini laser pointers. The main reason for its usage is due to the fact that it has very high pigment content which makes the petals look like they are glowing from within. Also, these petals have an added advantage over other colors; they can be turned into pure light by using a special switch known as “On/Off” switch.
Application Insights:
The travel application segment led the global mini laser pointer market in 2017. The growing trend of online shopping is expected to boost the demand for these devices in this segment. Miniature lasers are used by blind people for indoor navigation and outdoor navigation on roads and paths, which helps them to get around safely.
The construction industry is one of the major consumers of these products as they are used for pointing out targets during building inspections, identifying defects or deficiencies at a site level, or highlighting areas that require repair or maintenance attention. These devices have applications in various other industries such as manufacturing, medical diagnostics and testing where they are used to indicate problems with machinery components etc., identifying issues before they become serious enough to affect production output/quality standards etc., thereby saving time and costs associated with repairs/maintenance workarounds.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in infrastructure development and growing laser pointer production capacities in countries, such as China, Japan, South Korea, and Taiwan. In 2016, China accounted for more than 50% of global shipments owing to favorable government policies supporting industrialization and modernization of manufacturing processes coupled with a strong distribution network across the country.
The Asia Pacific market was valued at USD X million in 2017 followed by Europe with a share of around 25%. North America held a smaller share due to lack of awareness regarding its uses along with stringent regulations from regulatory bodies about its usage for educational institutes or entertainment purposes only.
Growth Factors:
- Increasing demand for miniaturized devices: The global trend of miniaturization is expected to drive the demand for miniature laser pointers. Miniature laser pointers are smaller and lighter in weight, making them ideal for use in portable devices.
- Rising demand from the medical sector: The medical sector is a key end-user of miniature laser pointers. They are used in surgeries and other medical procedures to help guide doctors and surgeons during operations.
- Growing popularity of lasers as teaching aids: Lasers have emerged as a popular teaching aid in schools and colleges due to their ability to demonstrate scientific principles effectively. This is expected to boost the demand for miniature laser pointers among educators worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Miniature Laser Pointer Market Research Report
By Type
Red, Hyacinth
By Application
Travel, Astronomy, Fire/Disaster Relief, Construction, Industrial
By Companies
FLIR Systems, Tech Life Land, Ansmann, Hama, Wish, BeamQ
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Miniature Laser Pointer Market Report Segments:
The global Miniature Laser Pointer market is segmented on the basis of:
Types
Red, Hyacinth
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
Travel, Astronomy, Fire/Disaster Relief, Construction, Industrial
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:
- FLIR Systems
- Tech Life Land
- Ansmann
- Hama
- Wish
- BeamQ
Highlights of The Miniature Laser Pointer 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:
- Red
- Hyacinth
- By Application:
- Travel
- Astronomy
- Fire/Disaster Relief
- Construction
- Industrial
- 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 Miniature Laser Pointer 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
- Identifying Appropriate Advertising Appeals
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 miniature laser pointer is a small, hand-held laser device that emits a beam of light. They are often used to point out specific items or points in a room, and can be fun to use for presentations or as novelty gifts.
Some of the major players in the miniature laser pointer market are FLIR Systems, Tech Life Land, Ansmann, Hama, Wish, BeamQ.
The miniature laser pointer 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 Miniature Laser Pointer 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 Miniature Laser Pointer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Miniature Laser Pointer 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 Miniature Laser Pointer 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 Miniature Laser Pointer Market Size & Forecast, 2018-2028
4.5.1 Miniature Laser Pointer Market Size and Y-o-Y Growth
4.5.2 Miniature Laser Pointer Market Absolute $ Opportunity
Chapter 5 Global Miniature Laser Pointer 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 Miniature Laser Pointer Market Size Forecast by Type
5.2.1 Red
5.2.2 Hyacinth
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Miniature Laser Pointer 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 Miniature Laser Pointer Market Size Forecast by Applications
6.2.1 Travel
6.2.2 Astronomy
6.2.3 Fire/Disaster Relief
6.2.4 Construction
6.2.5 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Miniature Laser Pointer 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 Miniature Laser Pointer 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 Miniature Laser Pointer Analysis and Forecast
9.1 Introduction
9.2 North America Miniature Laser Pointer 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 Miniature Laser Pointer Market Size Forecast by Type
9.6.1 Red
9.6.2 Hyacinth
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 Miniature Laser Pointer Market Size Forecast by Applications
9.10.1 Travel
9.10.2 Astronomy
9.10.3 Fire/Disaster Relief
9.10.4 Construction
9.10.5 Industrial
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 Miniature Laser Pointer Analysis and Forecast
10.1 Introduction
10.2 Europe Miniature Laser Pointer 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 Miniature Laser Pointer Market Size Forecast by Type
10.6.1 Red
10.6.2 Hyacinth
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 Miniature Laser Pointer Market Size Forecast by Applications
10.10.1 Travel
10.10.2 Astronomy
10.10.3 Fire/Disaster Relief
10.10.4 Construction
10.10.5 Industrial
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 Miniature Laser Pointer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Miniature Laser Pointer 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 Miniature Laser Pointer Market Size Forecast by Type
11.6.1 Red
11.6.2 Hyacinth
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 Miniature Laser Pointer Market Size Forecast by Applications
11.10.1 Travel
11.10.2 Astronomy
11.10.3 Fire/Disaster Relief
11.10.4 Construction
11.10.5 Industrial
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 Miniature Laser Pointer Analysis and Forecast
12.1 Introduction
12.2 Latin America Miniature Laser Pointer 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 Miniature Laser Pointer Market Size Forecast by Type
12.6.1 Red
12.6.2 Hyacinth
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 Miniature Laser Pointer Market Size Forecast by Applications
12.10.1 Travel
12.10.2 Astronomy
12.10.3 Fire/Disaster Relief
12.10.4 Construction
12.10.5 Industrial
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) Miniature Laser Pointer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Miniature Laser Pointer 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) Miniature Laser Pointer Market Size Forecast by Type
13.6.1 Red
13.6.2 Hyacinth
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) Miniature Laser Pointer Market Size Forecast by Applications
13.10.1 Travel
13.10.2 Astronomy
13.10.3 Fire/Disaster Relief
13.10.4 Construction
13.10.5 Industrial
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 Miniature Laser Pointer Market: Competitive Dashboard
14.2 Global Miniature Laser Pointer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FLIR Systems
14.3.2 Tech Life Land
14.3.3 Ansmann
14.3.4 Hama
14.3.5 Wish
14.3.6 BeamQ
