Market Overview:
The Global Handheld Laser Distance Meter Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for handheld laser distance meters in various applications such as military, building and construction, metal and mining industry, and others. Additionally, the growing demand for handheld laser distance meters in emerging countries such as China, India, Brazil, and Mexico is also contributing to the market growth. However, factors such as high cost of handheld laser distance meters may restrain the market growth during the forecast period.
Product Definition:
A handheld laser distance meter is a device that uses lasers to measure the distance between two points. It is often used in construction or engineering projects to measure the distances between objects.
Up to 30 Meters:
Up to 30 meters, it's usage and growth factor in handheld laser distance meter market is expected to grow at a CAGR of XX% from 2016 to 2024. The major factor that can be attributed for the significant growth of this segment is due to the growing demand for these devices from construction and mining industry. Construction sector uses up to 300mw green laser while mining uses up tp 5 mw red or white lasers depending upon applications.
30-100 Meters:
30-100 meters is a commonly used range for handheld laser distance meters. It covers the wavelength of 650 nm to 700 nm and has been gaining importance in recent years. The main factor that has driven this market is the growing demand for low power, high accuracy, and cost effective solutions from end-users such as construction contractors, surveyors, architects & engineers among others.
Application Insights:
The military application segment led the global handheld laser distance meter market in 2017. The use of these devices by defense personnel for precise measurement while aiming and shooting at a target is boosting their demand in this application segment. Furthermore, the growing need to measure distances in hazardous areas where there is a risk of getting hit by lasers due to eye injuries caused by beams from these devices has driven their demand further.
Building and construction was the second largest segment that accounted for 19% share of the overall revenue in 2017. The increasing need to lay underground cables and pipes on account of development projects such as building new hospitals, schools, colleges, roads and bridges across various countries including China, India Japan U.S., Saudi Arabia UAE Russia Italy etcetera is expected to drive product demand over the forecast period 1 [ ].
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 6.8% over the forecast period, owing to increasing demand for laser products from various end-use industries such as construction and surveying. In addition, rising adoption of handheld lasers for entertainment and leisure purposes is also anticipated to drive product demand in North America during the forecast period.
Asia Pacific regional market captured significant revenue share in 2017 due to rapid industrialization coupled with growing infrastructure activities primarily in China and India which are among top consumers of laser products globally.
The Latin American regional market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for handheld laser distance meters in the construction and manufacturing industries for accurate measurement of distances.
- Rising popularity of laser distance meters as a portable and easy-to-use tool, which helps to save time and money while measuring distances quickly.
- Growing demand for handheld laser distance meters from the automotive sector for use in collision avoidance systems, parking sensors, and other safety applications.
- Increasing adoption of handheld laser distance meters by surveyors, architects, and other professionals for various land surveying applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Laser Distance Meter Market Research Report
By Type
Up to 30 Meters, 30-100 Meters, Above 100 Meters
By Application
Military, Building and Construction, Metal and Mining Industry, Others
By Companies
Fluke, Hexagon AB (Leica Geosystems), Trimble, Nikon Corporation, Robert Bosch, Stanley Black & Decker, Hilti, Makita, Precaster Enterprises, Prexiso, Stabila, L. S. Starrett
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Laser Distance Meter Market Report Segments:
The global Handheld Laser Distance Meter market is segmented on the basis of:
Types
Up to 30 Meters, 30-100 Meters, Above 100 Meters
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, Building and Construction, Metal and Mining Industry, 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:
- Fluke
- Hexagon AB (Leica Geosystems)
- Trimble
- Nikon Corporation
- Robert Bosch
- Stanley Black & Decker
- Hilti
- Makita
- Precaster Enterprises
- Prexiso
- Stabila
- L. S. Starrett
Highlights of The Handheld Laser Distance Meter 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:
- Up to 30 Meters
- 30-100 Meters
- Above 100 Meters
- By Application:
- Military
- Building and Construction
- Metal and Mining Industry
- 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 Handheld Laser 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.
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- 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?
A handheld laser distance meter is a device that measures the distance between two points using lasers.
Some of the key players operating in the handheld laser distance meter market are Fluke, Hexagon AB (Leica Geosystems), Trimble, Nikon Corporation, Robert Bosch, Stanley Black & Decker, Hilti, Makita, Precaster Enterprises, Prexiso, Stabila, L. S. Starrett.
The handheld laser distance meter market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Handheld Laser Distance Meter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Handheld Laser Distance Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Handheld Laser Distance Meter Market - Supply Chain
4.5. Global Handheld Laser Distance Meter Market Forecast
4.5.1. Handheld Laser Distance Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Handheld Laser Distance Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Handheld Laser Distance Meter Market Absolute $ Opportunity
5. Global Handheld Laser Distance Meter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Handheld Laser Distance Meter Market Size and Volume Forecast by Type
5.3.1. Up to 30 Meters
5.3.2. 30-100 Meters
5.3.3. Above 100 Meters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Handheld Laser Distance Meter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Handheld Laser Distance Meter Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Building and Construction
6.3.3. Metal and Mining Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Handheld Laser Distance Meter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Handheld Laser Distance Meter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Handheld Laser Distance Meter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Handheld Laser Distance Meter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Handheld Laser Distance Meter Demand Share Forecast, 2019-2026
9. North America Handheld Laser Distance Meter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Handheld Laser Distance Meter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Handheld Laser Distance Meter Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Building and Construction
9.4.3. Metal and Mining Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Handheld Laser Distance Meter Market Size and Volume Forecast by Type
9.7.1. Up to 30 Meters
9.7.2. 30-100 Meters
9.7.3. Above 100 Meters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Handheld Laser Distance Meter Demand Share Forecast, 2019-2026
10. Latin America Handheld Laser Distance Meter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Handheld Laser Distance Meter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Handheld Laser Distance Meter Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Building and Construction
10.4.3. Metal and Mining Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Handheld Laser Distance Meter Market Size and Volume Forecast by Type
10.7.1. Up to 30 Meters
10.7.2. 30-100 Meters
10.7.3. Above 100 Meters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Handheld Laser Distance Meter Demand Share Forecast, 2019-2026
11. Europe Handheld Laser Distance Meter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Handheld Laser Distance Meter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Handheld Laser Distance Meter Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Building and Construction
11.4.3. Metal and Mining Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Handheld Laser Distance Meter Market Size and Volume Forecast by Type
11.7.1. Up to 30 Meters
11.7.2. 30-100 Meters
11.7.3. Above 100 Meters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Handheld Laser Distance Meter Demand Share, 2019-2026
12. Asia Pacific Handheld Laser Distance Meter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Handheld Laser Distance Meter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Handheld Laser Distance Meter Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Building and Construction
12.4.3. Metal and Mining Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Handheld Laser Distance Meter Market Size and Volume Forecast by Type
12.7.1. Up to 30 Meters
12.7.2. 30-100 Meters
12.7.3. Above 100 Meters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Handheld Laser Distance Meter Demand Share, 2019-2026
13. Middle East & Africa Handheld Laser Distance Meter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Handheld Laser Distance Meter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Handheld Laser Distance Meter Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Building and Construction
13.4.3. Metal and Mining Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Handheld Laser Distance Meter Market Size and Volume Forecast by Type
13.7.1. Up to 30 Meters
13.7.2. 30-100 Meters
13.7.3. Above 100 Meters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Handheld Laser Distance Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Handheld Laser Distance Meter Market: Market Share Analysis
14.2. Handheld Laser Distance Meter Distributors and Customers
14.3. Handheld Laser Distance Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fluke
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hexagon AB (Leica Geosystems)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trimble
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nikon Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Robert Bosch
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Stanley Black & Decker
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hilti
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Makita
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Precaster Enterprises
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Prexiso
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Stabila
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. L. S. Starrett
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook