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

Global Laser Rangefinder Market by Type (Telescope Later Rangefinder, Hand-held Later Rangefinder), By Application (Military, Construction Industry, Industrial Application, Sports, Forestry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156885 3300 Machinery & Equipment 377 249 Pages 4.8 (45)

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 .

Global Laser Rangefinder Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Trueyard
  2. Vista Outdoor
  3. ORPHA
  4. NIKON
  5. ZEISS
  6. Leica Camera
  7. LTI
  8. HILTI
  9. Bosch
  10. FLUKE
  11. Mileseey
  12. Newcon Optik
  13. Leupold
  14. OPTi?LOGIC
  15. BOSMA

Global Laser Rangefinder Market Overview

Highlights of The Laser 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. Telescope Later Rangefinder
    2. Hand-held Later Rangefinder
  1. By Application:

    1. Military
    2. Construction Industry
    3. Industrial Application
    4. Sports
    5. Forestry
    6. Others
  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 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.

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 Laser 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?

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 Overview Financials Developments Strategic Outlook
      14.4.2. Vista Outdoor Overview Financials Developments Strategic Outlook
      14.4.3. ORPHA Overview Financials Developments Strategic Outlook
      14.4.4. NIKON Overview Financials Developments Strategic Outlook
      14.4.5. ZEISS Overview Financials Developments Strategic Outlook
      14.4.6. Leica Camera Overview Financials Developments Strategic Outlook
      14.4.7. LTI Overview Financials Developments Strategic Outlook
      14.4.8. HILTI Overview Financials Developments Strategic Outlook
      14.4.9. Bosch Overview Financials Developments Strategic Outlook
      14.4.10. FLUKE Overview Financials Developments Strategic Outlook
      14.4.11. Mileseey Overview Financials Developments Strategic Outlook
      14.4.12. Newcon Optik Overview Financials Developments Strategic Outlook
      14.4.13. Leupold Overview Financials Developments Strategic Outlook
      14.4.14. OPTi?LOGIC Overview Financials Developments Strategic Outlook
      14.4.15. BOSMA Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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