Global Laser Distance Meter Market Overview
According to SPER Market Research, the Global Laser Distance Meter Market is estimated to reach USD 2.11 billion by 2032 with a CAGR of 2.33%.
To measure an object's dimensions, laser distance metres use laser beams. A laser distance metre is frequently used to speed up measurement tasks and consequently save a lot of time. A laser distance metre can also help in taking measurements at a variety of angles with greater accuracy. Laser distance metres are increasingly employed in a variety of settings, such as measuring the length of furniture and electrical wiring, carpeting, and interior design. A lot of solar energy solution suppliers additionally frequently determine where to instal and maintain panels by using laser distance metres. The weight, precision, and size of the laser distance metre have seen significant innovation during the last few years. Due to the increasing use of laser distance metres in the construction industry for accurate and quick measurement of floor dimensions, the worldwide laser distance metre market is anticipated to expand at a stable rate in the years to come. One of the most important aspects that has supported the growth of the global laser distance metre market is the rising number of floor plan applications. The growth of mobile applications that enable users to link laser distance metres with their tablet and smartphone is the result of the constant efforts of numerous laser distance metre manufacturers to integrate laser distance metres with office computer systems in real-time.
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Impact of COVID-19 on the Global Laser Distance Meter Market
Due to the Covid 19 epidemic, the Global Laser Distance Meter market has seen a negative growth as all the companies were shut down during the pandemic lockdown. However, post pandemic a rapid growth has been seen in Global Laser Distance Meter Market. The widespread adoption of laser distance metres as a result of the accessibility of such apps is anticipated to increase demand for such devices in the near future. Another crucial aspect that is projected to drive the need for laser distance metres during the review period is customers' increased preference for digital measuring instruments for getting accurate results. It is anticipated that the rising demand for laser distance metres would increase competitiveness, putting pressure on prices from a number of local manufacturers and forcing various businesses to come up with new competitive tactics. The market for handheld laser distance metres is expanding as a result of the rising demand for digital measurement equipment. The demand for handheld laser distance metres is growing globally as a result of increased digitization in the field of metrology and growing demands for precise measurements in various applications, including the construction of buildings and roads. The expanding global construction industry is another significant factor driving the growth of handheld laser distance metres. The expansion of the construction industry is mostly attributable to an increase in global investment and the number of construction projects.
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| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Range, By End User, By Type
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| Regions covered | Asia-Pacific, Europe, Middle East & Africa, North America, Latin America
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| Companies Covered | 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.
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Global Laser Distance Meter Market Segmentation:
1. By Application:
- Building and Construction
- Heating, Ventilation and Air Conditioning System
- Metal and Mining industry
- Military
2. By Range:
- Max Range Below 30 Meters
- Max Range 30 – 100 Meters
- Max Range Above 100 Meters
3. By End User:
- Architects
- Engineers
- Construction employees
- Interior designers
- Others
4. By Type:
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Laser Distance Meter Market (FY’2019-FY’2032)
- Overview of Global Laser Distance Meter Market
- Segmentation of Global Laser Distance Meter Market By Application (Building and Construction, Heating, Ventilation and Air Conditioning System, Metal and Mining industry, Military, Oil and Gas industry, Plumbing, Others)
- Segmentation of Global Laser Distance Meter Market By Range (Max Range Below 30 Meters, Max Range 30 – 100 Meters, Max Range Above 100 Meters)
- Segmentation of Global Laser Distance Meter Market By End User (Architects, Engineers, Construction employees, Interior designers, Others)
- Segmentation of Global Laser Distance Meter Market By Type (Type I, Type II)
- Statistical Snap of Global Laser Distance Meter Market
- Growth Analysis of Global Laser Distance Meter Market
- Problems and Challenges in Global Laser Distance Meter Market
- Competitive Landscape in the Global Laser Distance Meter Market
- Impact of COVID-19 and Demonetization on Global Laser Distance Meter Market
- Details on Recent Investment in Global Laser Distance Meter Market
- Competitive Analysis of Global Laser Distance Meter Market
- Major Players in the Global Laser Distance Meter Market
- SWOT Analysis of Global Laser Distance Meter Market
- Global Laser Distance Meter Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report
1.2.Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1Secondary data
2.1.2Primary data
2.1.3SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2.COVID-19 Impacts of the Global Laser Distance Meter Market
5. Market variables and outlook
5.1.SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2.PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3.PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4.Heat map analysis
6. Competitive Landscape
6.1. Global Laser Distance Meter Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Laser Distance Meter Market
7. Global Laser Distance Meter Market, By Application, 2019-2032 (USD Million)
7.1. Building and Construction
7.2. Heating, Ventilation and Air Conditioning System
7.3. Metal and Mining industry
7.4. Military
7.5. Oil and Gas industry
7.6. Plumbing
7.7. Others
8. Global Laser Distance Meter Market, By Range, 2019-2032 (USD Million)
8.1. Max Range Below 30 Meters
8.2. Max Range 30 – 100 Meters
8.3. Max Range Above 100 Meters
9. Global Laser Distance Meter Market, By End User, 2019-2032 (USD Million)
9.1. Architects
9.2. Engineers
9.3. Construction employees
9.4. Interior designers
9.5. Others
10. Global Laser Distance Meter Market, By Type, 2019-2032 (USD Million)
10.1. Type I
10.2. Type II
11. Global Laser Distance Meter Market, By Region, 2019-2032 (USD Million)
11.1. Global Laser Distance Meter Market Size and Market Share by Region (2019-2025)
11.2. Global Laser Distance Meter Market Size and Market Share by Region (2026-2032)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East & Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profiles12.1. Bosch
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Danaher
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Dong Guan Sndway
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4.FLIR Systems, Inc.
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5.Fluke Corporation
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6.Hexagon
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Hilti Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Leica Geosystems
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9.Makita Corporation
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. PCE Instruments
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Robert Bosch Tool Corporation
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Shenzhen MileSeey
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Stabila Messgerate Gustav Ullrich GmbH
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. Stanley Black & Decker Deutschland GmbH
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. Trimble, Inc.
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
