Laser distance metres employ laser beams to measure an object's size. It's common practise to utilise a laser distance metre to expedite measurement processes and so save a tonne of time. Additionally, a laser distance metre can assist with more accurate measurements up to +/- 1 mm at a range of angles. More and more people are using laser distance metres to measure things like carpeting, electrical wiring, furniture length, and interior design. Many solar energy solution providers also regularly use laser distance metres to locate where to instal and maintain panels. The last few years have witnessed major advancements in the weight, accuracy, and size of the laser distance metre. The global market for laser distance metres is predicted to grow at a steady rate in the years to come as a result of the growing use of laser distance metres in the construction sector for quick and precise measurement of floor dimensions. The increasing number of floor plan applications is one of the most significant factors that has encouraged the expansion of the global laser distance metre market. Numerous laser distance metre manufacturers have been working tirelessly to integrate laser distance metres with office computer systems in real-time, which has led to an increase in mobile applications that let users connect laser distance metres with their tablet and smartphone.

Worldwide sales of Global Laser Distance Meters have been impacted by the COVID-19 outbreak. The Covid 19 pandemic has had a detrimental impact on the global laser distance metre market, as all businesses were forced to close during the pandemic lockdown. However, the global laser distance metre market has experienced a quick expansion following the pandemic. It is projected that the market for these devices would rise in the near future due to the widespread usage of laser distance metres as a result of the availability of such apps. Customers' growing preference for digital measuring tools for reliable findings is another important factor that is anticipated to fuel demand for laser distance metres throughout the study period. It is projected that as demand for laser distance metres increases, prices will come under pressure from a number of regional manufacturers, causing a variety of enterprises to adopt new competitive strategies. The growing demand for digital measurement tools is driving growth in the market for handheld laser distance metres. Global demand for handheld laser distance metres is rising as a result of greater digitalization in the metrology industry and rising needs for precise measurements across a range of applications, including the building and road construction industries. Another important reason influencing the expansion of handheld laser distance metres is the rising global construction sector. Most of the credit for the construction sector's growth goes to the rise in international investments.

This study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Bosch, Danaher, Dong Guan Sndway, FLIR Systems, Inc., Fluke Corporation, Hexagon, Hilti Corporation, Leica Geosystems, Makita Corporation, PCE Instruments, Robert Bosch Tool Corporation, Shenzhen MileSeey, Stabila Messgerate Gustav Ullrich GmbH, Stanley Black & Decker Deutschland GmbH, Trimble, Inc.

 

By Application: Based on the Application, Global Laser Distance Meter Market is segmented as; Building and Construction, Heating, Ventilation and Air Conditioning System, Metal and Mining industry, Military, Oil and Gas industry, Plumbing, Others.

 

By Range: Based on the Range, Global Laser Distance Meter Market is segmented as; Max Range Below 30 Meters, Max Range 30 – 100 Meters, Max Range Above 100 Meters.

By End User: Based on the End User, Global Laser Distance Meter Market is segmented as; Architects, Engineers, Construction employees, Interior designers, Others.

By Type: Based on the Type, Global Laser Distance Meter Market is segmented as; Type I, Type II.

By Region: Throughout the forecast period, North America is anticipated to hold the biggest market share. On the other hand, Asia-Pacific (APAC) is anticipated to see the market's quickest growth during the period of forecasting. This can be due to the expansion of the APAC building market, particularly in China and India. Population growth, rising disposable income, and an increase in construction projects in the area are all factors contributing to the expansion of the APAC construction sector.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.