Market Overview:
The global laser rangefinder market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser rangefinders in military and construction applications. Additionally, the growing demand for laser rangefinders in industrial and sports applications is also contributing to the growth of this market. However, factors such as high cost and lack of awareness about benefits offered by laser rangefinders are restraining the growth of this market. On the basis of type, telescope-based laser rangefinder segment is expected to hold a major share in global Laser Rangefinder Market during forecast period owing its accuracy and precision over hand-held lasers Range finder devices . On basis on application , Military sector dominated overall Laser Range Finder Market with highest revenue share contribution followed by Construction Industry sector due rising security concerns across globe .
Product Definition:
A laser rangefinder is a device that uses lasers to determine the distance between the user and an object. They are often used in golf, hunting, and surveying.
Telescope Later Rangefinder:
Technological advancement in the rangefinder industry is expected to drive the market over the forecast period. The main aim of a rangefinder is to help users determine their target's distance. It does this by using two lenses, one lens focuses image obtained through other lens onto screen or viewfinder at user’s position and other than that; it helps in measuring target’s distance with accuracy.
Hand-held Later Rangefinder:
Hand-held later rangefinder is a precision instrument used to measure the distance to an object. It is mainly used in surveying and mapping applications but can be used for other purposes as well. The device consists of two eyepiece lenses, one lens for measuring and the other for displaying the measurement on screen. One or more laser beams are projected onto an object located at a specific distance which is measured by the instrument’s internal mechanism and displayed on its display unit.
Application Insights:
The military application segment dominated the global laser rangefinder market in terms of revenue share in 2017. The increasing use of these devices by defense agencies to enhance targeting and aiming accuracy is expected to drive the demand for these products over the forecast period. Furthermore, constant product innovation coupled with advanced features such as multi-target tracking capability is anticipated to fuel industry growth over the coming years.
The construction industry accounted for a significant share in 2017 owing to high demand from major players such as DHL, Balfour Beatty Construction Limited, etc. Laser rangefinders are used extensively by construction companies and their employees during building surveying projects so that accurate measurements can be taken while laying foundations or installing windows or doors on a particular structure. These devices also come handy during electrical surveys when it comes to measuring distances between two points on an object which requires precision greater than that provided by human eyesight alone i.e., 20 cm (8 inches).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing defense spending by countries such as the U.S., Canada, and Mexico among others that are using laser rangefinders for military applications and construction activities respectively. Asia Pacific regional market is anticipated to grow at a lucrative rate over the forecast period owing to increasing demand from end-users such as surveyors, architects, engineers, etc., involved in civil construction projects along with industrial machinery operators/repairmen who use these devices for maintenance purposes or while operating heavy machinery vehicles (HVVs). Additionally, rising demand from sportspersons across various countries including China and India among others who use these devices for shooting targets at long distances are also contributing towards growth of this regional market significantly.
Growth Factors:
- Increasing demand for laser rangefinders in the military and defense sector owing to its features such as high precision and accuracy.
- Growing adoption of laser rangefinders in the golfing industry due to its ability to provide accurate distance measurements.
- Rising demand for laser rangefinders from surveyors, architects, and builders for land surveying and construction applications.
- Increasing use of laser rangefinders in forestry, mining, and agriculture sectors for measuring distances between trees or rocks and between crops rows or plants respectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Rangefinder Market Research Report
By Type
Telescope Later Rangefinder, Hand-held Later Rangefinder
By Application
Military, Construction Industry, Industrial Application, Sports, Forestry, Others
By Companies
Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Mileseey, Newcon Optik, Leupold, OPTi?LOGIC, BOSMA
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Laser Rangefinder Market Report Segments:
The global Laser Rangefinder market is segmented on the basis of:
Types
Telescope Later Rangefinder, Hand-held Later 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 Industry, Industrial Application, Sports, Forestry, 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:
- Trueyard
- Vista Outdoor
- ORPHA
- NIKON
- ZEISS
- Leica Camera
- LTI
- HILTI
- Bosch
- FLUKE
- Mileseey
- Newcon Optik
- Leupold
- OPTi?LOGIC
- BOSMA
Highlights of The Laser Rangefinder 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:
- Telescope Later Rangefinder
- Hand-held Later Rangefinder
- By Application:
- Military
- Construction Industry
- Industrial Application
- Sports
- Forestry
- 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 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.
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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 rangefinder is a device that uses lasers to measure distances. It can be used for a variety of purposes, such as measuring the distance between two points, determining the size of an object, or estimating the height of an object.
Some of the major players in the laser rangefinder market are Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Mileseey, Newcon Optik, Leupold, OPTi?LOGIC, BOSMA.
The laser rangefinder market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Rangefinder 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 Rangefinder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Rangefinder Market - Supply Chain
4.5. Global Laser Rangefinder Market Forecast
4.5.1. Laser Rangefinder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Rangefinder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Rangefinder Market Absolute $ Opportunity
5. Global Laser Rangefinder 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 Rangefinder Market Size and Volume Forecast by Type
5.3.1. Telescope Later Rangefinder
5.3.2. Hand-held Later Rangefinder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Rangefinder 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 Rangefinder Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Construction Industry
6.3.3. Industrial Application
6.3.4. Sports
6.3.5. Forestry
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Rangefinder 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 Rangefinder 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 Rangefinder 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 Rangefinder 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 Rangefinder Demand Share Forecast, 2019-2026
9. North America Laser Rangefinder 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 Rangefinder 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 Rangefinder Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Construction Industry
9.4.3. Industrial Application
9.4.4. Sports
9.4.5. Forestry
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Rangefinder Market Size and Volume Forecast by Type
9.7.1. Telescope Later Rangefinder
9.7.2. Hand-held Later Rangefinder
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 Rangefinder Demand Share Forecast, 2019-2026
10. Latin America Laser Rangefinder 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 Rangefinder 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 Rangefinder Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Construction Industry
10.4.3. Industrial Application
10.4.4. Sports
10.4.5. Forestry
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Rangefinder Market Size and Volume Forecast by Type
10.7.1. Telescope Later Rangefinder
10.7.2. Hand-held Later Rangefinder
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 Rangefinder Demand Share Forecast, 2019-2026
11. Europe Laser Rangefinder 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 Rangefinder 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 Rangefinder Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Construction Industry
11.4.3. Industrial Application
11.4.4. Sports
11.4.5. Forestry
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Rangefinder Market Size and Volume Forecast by Type
11.7.1. Telescope Later Rangefinder
11.7.2. Hand-held Later Rangefinder
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 Rangefinder Demand Share, 2019-2026
12. Asia Pacific Laser Rangefinder 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 Rangefinder 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 Rangefinder Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Construction Industry
12.4.3. Industrial Application
12.4.4. Sports
12.4.5. Forestry
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Rangefinder Market Size and Volume Forecast by Type
12.7.1. Telescope Later Rangefinder
12.7.2. Hand-held Later Rangefinder
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 Rangefinder Demand Share, 2019-2026
13. Middle East & Africa Laser Rangefinder 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 Rangefinder 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 Rangefinder Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Construction Industry
13.4.3. Industrial Application
13.4.4. Sports
13.4.5. Forestry
13.4.6. 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 Rangefinder Market Size and Volume Forecast by Type
13.7.1. Telescope Later Rangefinder
13.7.2. Hand-held Later Rangefinder
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 Rangefinder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Rangefinder Market: Market Share Analysis
14.2. Laser Rangefinder Distributors and Customers
14.3. Laser Rangefinder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trueyard
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vista Outdoor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ORPHA
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
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ZEISS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Leica Camera
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LTI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HILTI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bosch
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FLUKE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mileseey
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Newcon Optik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Leupold
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. OPTi?LOGIC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BOSMA
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
