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Laser Distance Meter Market 2021: Component, Application and Architecture

Press Release   •   Aug 07, 2017 00:44 EDT

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.

The analysts forecast Global Laser Distance Meter Market to grow at a CAGR of 1.59% during the period 2017-2021.

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This 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

The report, 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.

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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

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