Market Overview:
The global laser distance measurers 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 distance measurers in various applications such as military, building and construction, metal and mining industry, and others. Additionally, the growing awareness about the benefits of using laser distance measurers is also contributing to the growth of this market.
Product Definition:
Laser distance measurers use lasers to calculate the distance between two points. They are often used in construction or engineering projects to measure the size of a space or the distance between two objects.
Up to 30 Meters:
Up to 30 meters, it's usage and growth factor in the market for laser distance measurers can be characterized by the growing demand from industrial applications. The need for accuracy while measuring objects at a longer distance is one of the key factors driving up to 30 meters, it's usage and growth factor in the market.
30-100 Meters:
30-100 meters is a commonly used range for laser distance measurer. It’s the most popular choice among customers due to its low price and high accuracy. 30-100 meters range is considered as the Gold Standard in laser ranging technology, which provides highlyaccurate results compared to shorter ranges.
30-100 meters are widely used by companies such as Tompkins Precision Products, Laser Link, Laser Star Technologies Inc.
Application Insights:
The military application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The laser distance measurer is widely used by defense agencies, which require precise measurement of target locations for strategic weapons systems testing and maintenance activities. Furthermore, increasing adoption of LDDMs by defense agencies in order to improve accuracy during missile tests is expected to drive demand over the coming years.
Building and construction industry are estimated to be one of the major application segments owing to growing need for accurate measurement tools while laying down cables or pipes on construction sites that involve complex measurements with varying distances among them. Moreover, rising number of building projects such as new constructions or renovation activities across various industries including oil & gas, power generation etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 35% in 2017 owing to high demand from metal and mining industry, construction sector, as well as others. The growth can be attributed to increasing foreign investments coupled with favorable government policies regarding infrastructure development. For instance, China has adopted a 13th Five-Year Plan (2016 - 2020) that focuses on developing smart cities across the country. Under this plan, it was intended to develop 100 smart cities by 2020 with intelligent buildings and modern infrastructure facilities such as hospitals, schools, airports’ terminals etc.
The Middle East & Africa is anticipated to grow at an exponential rate over the forecast period owing to rapid developments taking place across various industries including oil & gas; telecoms; transportation; healthcare; water management etc.
Growth Factors:
- Increasing demand for laser distance measurers in the construction and real estate industry for accurate measurement of distances between objects.
- Rising popularity of laser distance measurers among DIY enthusiasts and hobbyists for various household projects.
- Growing demand from the automotive sector for use in precision engineering and manufacturing applications.
- Increasing adoption of laser distance measurers in educational institutions for teaching purposes in science, mathematics, and engineering disciplines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Distance Measurers 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Laser Distance Measurers Market Report Segments:
The global Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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
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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 distance measurer is a device that uses lasers to determine the distance between two points. This information can be used to calculate various distances, such as the length of a line or the size of an object.
Some of the major companies in the laser distance measurers 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 laser distance measurers market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Distance Measurers 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. Laser Distance Measurers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Distance Measurers Market - Supply Chain
4.5. Global Laser Distance Measurers Market Forecast
4.5.1. Laser Distance Measurers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Distance Measurers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Distance Measurers Market Absolute $ Opportunity
5. Global Laser Distance Measurers 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. Laser Distance Measurers 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 Laser Distance Measurers 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. Laser Distance Measurers 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 Laser Distance Measurers 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. Laser Distance Measurers 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 Laser Distance Measurers 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. Laser Distance Measurers 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 Laser Distance Measurers Demand Share Forecast, 2019-2026
9. North America Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers Demand Share Forecast, 2019-2026
10. Latin America Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers Demand Share Forecast, 2019-2026
11. Europe Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers Demand Share, 2019-2026
12. Asia Pacific Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers Demand Share, 2019-2026
13. Middle East & Africa Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers 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 Laser Distance Measurers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Distance Measurers Market: Market Share Analysis
14.2. Laser Distance Measurers Distributors and Customers
14.3. Laser Distance Measurers 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