Market Overview:
The global precision levels 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 precision levels in various applications, such as industrial construction, production line, and measurement center. In addition, the growing demand for laser level and optical level is also contributing to the growth of this market. North America dominates the global precision levels market followed by Europe and Asia Pacific.
Product Definition:
Precision levels represent the degree of accuracy with which a measurement is made. In other words, it is the number of significant digits in a measured value. The precision level of a measurement can affect the size and cost of the instrument used to make that measurement as well as its suitability for certain applications. For example, high precision levels are necessary for making very small measurements, such as in medical research or manufacturing tiny parts. Conversely, low precision levels are sufficient for measuring large objects or taking general readings about an area.
Spirit Level:
Precision levels are used to measure the accuracy of a measurement. They are also used in control and automation systems for ensuring that the output produced by an assembly is within predefined limits. Precision levels have applications in automotive, semiconductor industries, machine tools industry and other sectors which use level measurements for manufacturing or controlling processes.
The global precision leveling market size was valued at USD 892 million in 2015.
Laser Level:
Laser level is a device used to measure horizontal and vertical angles with high accuracy. It uses a laser beam as an optical probe which illuminates the target object and measures the angle between that beam and the ground. The level works on the principle of reflected light from bubble or liquid crystal display (LCD) screen which helps in maintaining constant levels in liquids, plants, soil, etc.
Application Insights:
The industrial construction application segment accounted for the largest share in 2015 and is projected to witness significant growth over the forecast period. The rising demand for high precision levels in various industries including oil & gas, mining, automotive and civil construction is expected to drive the market growth over the coming years.
The production line application segment accounted for a significant share in 2015 owing to its increasing use in manufacturing sectors such as pharmaceuticals, food & beverage and chemicals among others. The need for level surfaces at different points of production lines has become critical while designing stages such as transfer machines or automated storage systems which require precise adjustment during operation. These types of equipment are usually very large or heavy having a long distance between each other thereby making them susceptible to movement or vibration resulting into inaccurate leveling process which requires high precision levels on daily basis thus driving the global industry growth over recent past few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising adoption of automation in various industries, such as manufacturing, construction, and transportation. In addition, growing investments in R&D activities for developing advanced precision tools are anticipated to fuel the market growth over the forecast period.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high demand from end-use industries such as measurement & inspection, automotive & transportation equipment manufacturing facilities across countries like China and India. Moreover, favorable government policies aimed at promoting domestic manufacturing capabilities are also expected to drive industry expansion over the next eight years.
Europe was estimated at USD X million in 2017 owing with high demand from application sectors including production line monitoring systems used widely across several major manufacturers globally including Toyota Motor Corporation; Airbus S.A.; Volkswagen Group; BMW Group; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for accuracy and precision in manufacturing and engineering processes
- Growing popularity of automated machinery and equipment that require high levels of precision
- Rising need for quality control in various industrial sectors
- Proliferation of micro- and nano-manufacturing technologies
- Emergence of new applications areas that demand high levels of precision
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Levels Market Research Report
By Type
Spirit Level, Laser Level, Optical Level
By Application
Industrial Construction, Production Line, Measurement Center
By Companies
Beta Utensili, Bocchi, Easy-Laser, Laserliner, Leica Geosystems, Level Developments Ltd, MAKITA, MICROPLAN, MICROTECH, Moore & Wright, Beta Utensili, Phase II, SOKKIA, Spectra Precision, Stonex, Tarax technology Limited, Tesa, Trimble, VIRAX, Wyler
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Precision Levels Market Report Segments:
The global Precision Levels market is segmented on the basis of:
Types
Spirit Level, Laser Level, Optical Level
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
Industrial Construction, Production Line, Measurement Center
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:
- Beta Utensili
- Bocchi
- Easy-Laser
- Laserliner
- Leica Geosystems
- Level Developments Ltd
- MAKITA
- MICROPLAN
- MICROTECH
- Moore & Wright
- Beta Utensili
- Phase II
- SOKKIA
- Spectra Precision
- Stonex
- Tarax technology Limited
- Tesa
- Trimble
- VIRAX
- Wyler
Highlights of The Precision Levels 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:
- Spirit Level
- Laser Level
- Optical Level
- By Application:
- Industrial Construction
- Production Line
- Measurement Center
- 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 Precision Levels 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
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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?
Precision Levels is a feature of the Photoshop CS6 and CC 2015 image editors that allows you to control how closely images are reproduced when they're printed. You can adjust the precision level for each print job, from very high to very low.
Some of the major companies in the precision levels market are Beta Utensili, Bocchi, Easy-Laser, Laserliner, Leica Geosystems, Level Developments Ltd, MAKITA, MICROPLAN, MICROTECH, Moore & Wright, Beta Utensili, Phase II, SOKKIA, Spectra Precision, Stonex, Tarax technology Limited, Tesa, Trimble, VIRAX, Wyler.
The precision levels 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 Precision Levels 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 Precision Levels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Precision Levels 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 Precision Levels 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 Precision Levels Market Size & Forecast, 2020-2028
4.5.1 Precision Levels Market Size and Y-o-Y Growth
4.5.2 Precision Levels 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 Spirit Level
5.2.2 Laser Level
5.2.3 Optical Level
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 Industrial Construction
6.2.2 Production Line
6.2.3 Measurement Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precision Levels 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 Precision Levels 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 Spirit Level
9.6.2 Laser Level
9.6.3 Optical Level
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 Industrial Construction
9.10.2 Production Line
9.10.3 Measurement Center
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 Spirit Level
10.6.2 Laser Level
10.6.3 Optical Level
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 Industrial Construction
10.10.2 Production Line
10.10.3 Measurement Center
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 Spirit Level
11.6.2 Laser Level
11.6.3 Optical Level
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 Industrial Construction
11.10.2 Production Line
11.10.3 Measurement Center
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 Spirit Level
12.6.2 Laser Level
12.6.3 Optical Level
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 Industrial Construction
12.10.2 Production Line
12.10.3 Measurement Center
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 Spirit Level
13.6.2 Laser Level
13.6.3 Optical Level
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 Industrial Construction
13.10.2 Production Line
13.10.3 Measurement Center
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 Precision Levels Market: Competitive Dashboard
14.2 Global Precision Levels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beta Utensili
14.3.2 Bocchi
14.3.3 Easy-Laser
14.3.4 Laserliner
14.3.5 Leica Geosystems
14.3.6 Level Developments Ltd
14.3.7 MAKITA
14.3.8 MICROPLAN
14.3.9 MICROTECH
14.3.10 Moore & Wright
14.3.11 Beta Utensili
14.3.12 Phase II
14.3.13 SOKKIA
14.3.14 Spectra Precision
14.3.15 Stonex
14.3.16 Tarax technology Limited
14.3.17 Tesa
14.3.18 Trimble
14.3.19 VIRAX
14.3.20 Wyler
