Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Rangefinder Market by Type (Photoelectric Rangefinder, Acoustic Rangefinder), By Application (Military, Construction, Industrial, Sports, Forestry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Rangefinder Market by Type (Photoelectric Rangefinder, Acoustic Rangefinder), By Application (Military, Construction, Industrial, Sports, Forestry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 269433 4200 Machinery & Equipment 377 174 Pages 4.8 (40)
                                          

Market Overview:


The global rangefinder market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the rangefinder market can be attributed to the increasing demand for advanced and innovative products, rising adoption of rangefinders in various applications, and growing demand from emerging economies. The photoelectric rangefinder segment is expected to hold the largest share of the global rangefinder market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period. The acoustic rangefinder segment is projected to grow at a CAGR of 5% during the forecast period. The military application segment is estimated to account for the largest share of the global Range finder Market in 2018 and this trend is anticipated continue throughoutthe forecast period .


Global Rangefinder Industry Outlook


Product Definition:


Rangefinder is a optical device used to measure the distance between two objects. It is also used in photography to help compose images.


Photoelectric Rangefinder:


The photoelectric rangefinder is a device that emits light and measures the distance to an object. The measurement is based on how much light the target object reflects. It can be used in both, air and water environments for measuring objects up to 60 meters away in foggy weather conditions or at night. In addition, it can also be used as a ranging device for determining the range of aircraft or ships from land, coastal areas or other water bodies.


Acoustic Rangefinder:


The acoustic rangefinder is a device used to measure the distance of sound waves. It works on the principle that a change in the pitch of sound waves reflectsivity changes with increasing distance. The working principle is based on the fact that sound travels through air as particles called phonons and these particles interact with each other and their environment to form an audible tone when they reach your ear.


There are two types of rangefinders, active.


Application Insights:


The military application segment dominated the global rangefinder market in terms of revenue in 2017. The use of rangefinders by defense forces for shooting and navigation is one of the key factors contributing to their large share. Moreover, constant product innovation and features including laser pointer, ballistic calculator, weatherproof body is expected to drive their demand in this segment over the forecast period.


Construction industry was another prominent segment that accounted for a significant market share owing to its usage for measuring distances between targets and reference points such as benchmarks or zero point on each construction site. These devices are also used during survey activities where it helps measure horizontal distances from one point on a structure to another with greater accuracy than GPS can provide alone at great distance away from built-up areas or roadways.


Regional Analysis:


North America dominated the global rangefinder market in 2017. The U.S., being a developed nation, has greater penetration of advanced and high-tech products such as Global Positioning System (GPS) devices in daily life applications such as smartphones and laptops. However, the demand for rangefinders is increasing due to their utility in military operations and law enforcement agencies across countries such as Canada, Mexico, Brazil among others.


Asia Pacific region is expected to witness significant growth over the forecast period owing to rising government initiatives for improving road infrastructure network across countries including India China Japan among others are expected to boost product demand over next eight years or so.


Growth Factors:


  • Increasing demand for advanced rangefinders in the military and defense sector
  • Growing popularity of golf and other outdoor activities that require accurate distance measurement
  • Advances in technology that make rangefinders more compact, lightweight, and powerful
  • Increased awareness of the benefits of using a rangefinder for improving accuracy and performance in sports and other activities
  • Continued growth in global population, which will lead to increased demand for recreational products like golf clubs and rangefinders

Scope Of The Report

Report Attributes

Report Details

Report Title

Rangefinder Market Research Report

By Type

Photoelectric Rangefinder, Acoustic Rangefinder

By Application

Military, Construction, Industrial, Sports, Forestry

By Companies

Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Trueyard, Newcon Optik, Leupold, OPTi-LOGIC, BOSMA, Flir Systems, Kongsberg Gruppen

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

174

Number of Tables & Figures

122

Customization Available

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


Global Rangefinder Market Report Segments:

The global Rangefinder market is segmented on the basis of:

Types

Photoelectric Rangefinder, Acoustic Rangefinder

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, Forestry

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. Trueyard
  2. Vista Outdoor
  3. ORPHA
  4. NIKON
  5. ZEISS
  6. Leica Camera
  7. LTI
  8. HILTI
  9. Bosch
  10. FLUKE
  11. Trueyard
  12. Newcon Optik
  13. Leupold
  14. OPTi-LOGIC
  15. BOSMA
  16. Flir Systems
  17. Kongsberg Gruppen

Global Rangefinder Market Overview


Highlights of The Rangefinder 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. Photoelectric Rangefinder
    2. Acoustic Rangefinder
  1. By Application:

    1. Military
    2. Construction
    3. Industrial
    4. Sports
    5. Forestry
  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 Rangefinder 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

Global Rangefinder 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?


Rangefinder is a camera term that refers to a type of camera that uses an optical system to measure the distance to an object and then calculates the appropriate lens aperture or shutter speed.

Some of the major companies in the rangefinder market are Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Trueyard, Newcon Optik, Leupold, OPTi-LOGIC, BOSMA, Flir Systems, Kongsberg Gruppen.

The rangefinder market is expected to register a CAGR of 6.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rangefinder 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 Rangefinder Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Rangefinder 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 Rangefinder 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 Rangefinder Market Size & Forecast, 2018-2028       4.5.1 Rangefinder Market Size and Y-o-Y Growth       4.5.2 Rangefinder Market Absolute $ Opportunity

Chapter 5 Global Rangefinder 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 Rangefinder Market Size Forecast by Type
      5.2.1 Photoelectric Rangefinder
      5.2.2 Acoustic Rangefinder
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Rangefinder 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 Rangefinder Market Size Forecast by Applications
      6.2.1 Military
      6.2.2 Construction
      6.2.3 Industrial
      6.2.4 Sports
      6.2.5 Forestry
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Rangefinder 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 Rangefinder 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 Rangefinder Analysis and Forecast
   9.1 Introduction
   9.2 North America Rangefinder 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 Rangefinder Market Size Forecast by Type
      9.6.1 Photoelectric Rangefinder
      9.6.2 Acoustic Rangefinder
   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 Rangefinder Market Size Forecast by Applications
      9.10.1 Military
      9.10.2 Construction
      9.10.3 Industrial
      9.10.4 Sports
      9.10.5 Forestry
   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 Rangefinder Analysis and Forecast
   10.1 Introduction
   10.2 Europe Rangefinder 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 Rangefinder Market Size Forecast by Type
      10.6.1 Photoelectric Rangefinder
      10.6.2 Acoustic Rangefinder
   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 Rangefinder Market Size Forecast by Applications
      10.10.1 Military
      10.10.2 Construction
      10.10.3 Industrial
      10.10.4 Sports
      10.10.5 Forestry
   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 Rangefinder Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Rangefinder 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 Rangefinder Market Size Forecast by Type
      11.6.1 Photoelectric Rangefinder
      11.6.2 Acoustic Rangefinder
   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 Rangefinder Market Size Forecast by Applications
      11.10.1 Military
      11.10.2 Construction
      11.10.3 Industrial
      11.10.4 Sports
      11.10.5 Forestry
   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 Rangefinder Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Rangefinder 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 Rangefinder Market Size Forecast by Type
      12.6.1 Photoelectric Rangefinder
      12.6.2 Acoustic Rangefinder
   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 Rangefinder Market Size Forecast by Applications
      12.10.1 Military
      12.10.2 Construction
      12.10.3 Industrial
      12.10.4 Sports
      12.10.5 Forestry
   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) Rangefinder Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Rangefinder 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) Rangefinder Market Size Forecast by Type
      13.6.1 Photoelectric Rangefinder
      13.6.2 Acoustic Rangefinder
   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) Rangefinder Market Size Forecast by Applications
      13.10.1 Military
      13.10.2 Construction
      13.10.3 Industrial
      13.10.4 Sports
      13.10.5 Forestry
   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 Rangefinder Market: Competitive Dashboard
   14.2 Global Rangefinder 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 Trueyard
      14.3.12 Newcon Optik
      14.3.13 Leupold
      14.3.14 OPTi-LOGIC
      14.3.15 BOSMA
      14.3.16 Flir Systems
      14.3.17 Kongsberg Gruppen

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