Laser Distance Meter Market To Grow At An Impressive CAGR Of 1.59% By 2021: Radiant Insights,Inc

Laser distance meters are highly efficient, faster, and an accurate mode of distance measurement when compared to measuring tape. The laser distance meters were first introduced in Paris in 1993 by Leica Geosystems, the company which was later acquired by Hexagon in 2005. The first laser distance meter was heavy, weighing around 1 kg, with a tiny display. The laser distance meters were initially used by end-users that had measurement applications in inaccessible areas and hazardous or dangerous locations. Over the 25 years, the laser distance meters have become smaller, lightweight handheld devices, with better accuracy, longer lasting batteries, better displays that show multiple measurements, and a certified rugged outer shell.

Analysts forecast the global laser distance meter market to grow at a CAGR of 1.59% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global laser distance meter market for 2017-2021. To calculate the market size, the report considers the new unit shipments and sales volume. The report excludes retrofit, replacement, spares, aftermarket accessories, and services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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Global Laser Distance Meter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Robert Bosch Tool
  • Fluke
  • Flir Systems
  • Leica Geosystems
  • Hilti
  • Makita
  • Stabila
  • Stanley Black & Decker
  • Trimble

Market driver

  • Demand for laser distance meter for interior designing
  • For a full, detailed list, view our report

Market challenge

  • Barriers that restrict use of laser distance meters
  • For a full, detailed list, view our report

Market trend

  • Increasing digitization
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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