Handheld Laser Distance Meter Market By Application (Building & Construction, Military & Defense, Metal & Mining Industry, Others); By Range (Up to 30 Meters, 30 - 100 Meters, Above 100 Meters); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Handheld Laser Distance Meter Market Overview

The global Handheld Laser Distance meter market accounted for USD 4.4 billion in 2022. Further, the market is expected to reach to a valuation of USD 7.3 billion by the end of 2032. Moreover, it is anticipated to flourish at a CAGR of 5.1% during the forecast period i.e. 2022-2032. Geographically, North America market is expected to capture the largest market share in global handheld laser distance meter market over the upcoming years.

Growth Drivers & Barriers

Rising demand for handheld laser distance meter in the construction industry for height record is envisioned to drive the growth of the global handheld laser distance meter market in the upcoming years. The handheld laser distance meter is replacing the traditional counterparts such as measurement tapes and others, which are used in the industry. Further, this factor is expected to increase the growth of the global handheld laser distance meter market. Moreover, increasing technological advancement such as Bluetooth functionality with the handheld laser distance meters is envisioned to bolster the growth of the global handheld laser distance meter market in the years ahead.

Handheld laser distance meter market is witnessing gamut of industry activities such as new product launches, acquisition, partnership and expansion across the globe. For instance, on 22 February 2019, Nikon Vision Co., Ltd. announced the launch of its new portable Laser Rangefinder, the MONARCH 2000. The device features a higher-durability body covered with elastomer, which has a solid & linear design. Also, the device provides an extended measurement capability with a maximum distance of 1,820m/2,000 yd. In addition to this, on 12 June 2020, Robert Bosch GmbH, unveiled the launch of Bosch BLAZE™ Outdoor GLM400C connected laser measure with viewfinder and Bosch BLAZE™ Outdoor GLM400CL connected laser measure with camera which delivers reliable distance measuring in bright light. Furthermore, many companies engaged in handheld laser distance meter manufacturing and sales are expanding their presence in developing nations to tap the business opportunity.

However, factor such as the high cost of the handheld laser distance meter is likely to negatively impact the demand for the global handheld laser distance meter market.

Handheld Laser Distance Meter Market Segmentation

The research offers a comprehensive analysis of handheld laser distance meter market with respect to following sub-markets:

By Application

- Building & Construction
- Military & Defense
- Metal & Mining Industry
- Others

By Range

- Up to 30 Meters
- 30 - 100 Meters
- Above 100 Meters

By Geography

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Handheld Laser Distance Meter Market Competitive Landscape

The report profiles various major market players such as;

- Robert Bosch GmbH
- Hexagon AB
- Trimble, Inc.
- Nikon Vision Co., Ltd.
- Fluke Corporation
- Hilti, Inc.
- Makita U.S.A., Inc.
- Precaster Enterprises Co., Ltd.
- Prexiso AG
- Stanley Black & Decker Inc.
- Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).

The study also provides company’s positioning and market share in handheld laser distance meter market.

Timeline Considered for Analysis:

- 2021: Base Year
- 2022: Estimated Year
- 2022 to 2032: Forecasted Year

Research Scope and Deliverables

Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global handheld laser distance meter market by the following segments:

- Application
- Range

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Handheld Laser Distance Meter Industry Report:

- What is the overall market size in 2021? What will be the market growth during the forecast period i.e. 2022-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

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  • Publication date: 27th December 2023
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel

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