Global Measuring and Layout Tools Market 2024

Global Measuring and Layout Tools Market 2024

Measuring and layout tools are essential instruments used in various industries and trades to accurately measure distances, dimensions, angles, and levels, as well as to mark and layout workpieces or construction sites. These tools enable precision, consistency, and efficiency in a wide range of applications, from carpentry and metalworking to construction, engineering, and manufacturing.

The latest analysis predicts global measuring and layout tools market will grow from USD 965.6 million in 2023 to USD 1,203.8 million by 2030, achieving a CAGR of 3.2 percent, according to the latest edition of the Global Measuring and Layout Tools Market Report. The market for measuring and layout tools is essential in various industries, driven by precision needs in construction, automotive, and other sectors. These tools, ranging from rulers to calipers, are crucial for accurate measurements and layout planning. The market is growing due to industrialization, DIY trends, and expanding manufacturing sectors in Asia, but faces challenges like economic slowdown and rising costs.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the type, raw material, product, distribution channel, end user, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global measuring and layout tools market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.

The global market for measuring and layout tools can be segmented by type: manual, automatic. Manual measuring and layout tools held the highest share in the global measuring and layout tools market. However, the automatic measuring and layout tools segment is forecast to register the highest CAGR during the forecast period 2024 - 2030.

Measuring and layout tools market is further segmented by raw material: metal, plastic, others. In 2023, the metal segment made up the largest share of revenue generated by the measuring and layout tools market, representing more than 55.9% of the total market.

Based on product, the measuring and layout tools market is segmented into: calipers and micrometers, rulers and gauges, squares and protractors, others. Among these, the calipers and micrometers segment was accounted for the highest revenue generator in 2023, representing more than 32.1% of the total market.

On the basis of distribution channel, the measuring and layout tools market also can be divided into: offline, online. Offline held the highest share in the global measuring and layout tools market. However, the online segment is forecast to register the highest CAGR during the forecast period 2024 - 2030.

Measuring and layout tools market by end user is categorized into: automotive, construction, others.

The measuring and layout tools market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe held the highest share in the global measuring and layout tools market. However, Asia-Pacific is forecast to register the highest CAGR during the forecast period 2024 - 2030.

The report also provides analysis of the key companies of the industry and their detailed company profiles including Acme United Corporation, Adolf Wurth GmbH & Co. KG, Apex Tool Group, LLC, Calculated Industries, Inc., Fluke Corporation, Fred V. Fowler Company, L.L.C., General Tools & Instruments LLC, Hangzhou GreatStar Industrial Co., Ltd., INSIZE Co., Ltd., Johnson Level & Tool Mfg. Co., Inc. (Hultafors Group AB), Keson LLC, Klein Tools, Inc., Komelon Co. Ltd., L. S. Starrett Company, Makita Corporation, Milwaukee Electric Tool Corporation (Techtronic Industries Company Limited), Mitutoyo Corporation, Robert Bosch GmbH, Snap-on Incorporated, Stanley Black & Decker, Inc., Steinel-Gruppe, Swanson Tool Co., Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Why Choose This Report

Gain a reliable outlook of the global measuring and layout tools market forecasts from 2024 to 2030 across scenarios.

Identify growth segments for investment.

Stay ahead of competitors through company profiles and market data.

The market estimate for ease of analysis across scenarios in Excel format.

Strategy consulting and research support for three months.

Print authentication provided for the single-user license.

Market Segments Covered in Global Measuring and Layout Tools Industry Analysis:

i.) Type

• Manual
• Automatic

ii.) Raw material

• Metal
• Plastic
• Others

iii.) Product

• Calipers and micrometers
• Rulers and gauges
• Squares and protractors
• Others

iv.) Distribution channel

• Offline
• Online

v.) End user

• Automotive
• Construction
• Others

vi.) Region

• North America
• Europe
• Asia-Pacific
• MEA (Middle East and Africa)
• Latin America