Global Laser Distance Meter Market Growth 2023-2029

Global Laser Distance Meter Market Growth 2023-2029

The laser distance meter is used for accurately determining the distance of an object or span without contact by way of a laser. The basic measuring principle is based on measuring the transit time of laser pulses between the laser distance meter and the object to be measured. Considering the speed of light, distances can be determined precisely with a laser distance meter.

LPI (LP Information)' newest research report, the “Laser Distance Meter Industry Forecast” looks at past sales and reviews total world Laser Distance Meter sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Distance Meter sales for 2023 through 2029. With Laser Distance Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Distance Meter industry.

This Insight Report provides a comprehensive analysis of the global Laser Distance Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Distance Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Distance Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Distance Meter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Distance Meter.

The global Laser Distance Meter market size is projected to grow from US$ 1501.7 million in 2022 to US$ 1714.2 million in 2029; it is expected to grow at a CAGR of 1714.2 from 2023 to 2029.

The laser distance meter is an instrument for testing distance in situations where no other measurement instrument can possibly do, for instance in a military operation where stealth is key, the laser distance meter can procure the distance from or to a target location silently and invisibly. Laser distance meter also has multiple applications in the industrial sector such as position testing, testing coil weight, etc. This laser distance meter transmits digital or analog readings to a PC or a PLC-System for further analysis or as the basis for controlling commands.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Distance Meter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Max Range Below 30 Meters
Max Range 30 - 100 Meters
Max Range Above 100 Meters

Segmentation by application
Military
Building and Construction
Oil and Gas Industry
Metal and Mining Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Robert Bosch Tool
Fluke
Flir Systems
Leica Geosystems
Hilti
Makita
Stabila
Stanley Black & Decker
Trimble

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laser Distance Meter market?

What factors are driving Laser Distance Meter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laser Distance Meter market opportunities vary by end market size?

How does Laser Distance Meter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.