Laser Distance Meter Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70075
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The laser distance meter market size has the potential to grow by $ 140.53 mn during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (Architects, Engineers, Construction employees, and Interior designers) and geography (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including FLIR Systems Inc., Fortive Corp., Hexagon AB, Hilti Corp., Laurel At Sunset Inc., Makita Corp., Robert Bosch GmbH, Ryobi Ltd., Stanley Black & Decker Inc., and Trimble Inc..

Market Overview

Laser-Distance-Meter-Market-Market-Size-2020-2025

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Market Competitive Analysis

The laser distance meter market is fragmented. FLIR Systems Inc., Fortive Corp., Hexagon AB, Hilti Corp., Laurel At Sunset Inc., Makita Corp., Robert Bosch GmbH, Ryobi Ltd., Stanley Black & Decker Inc., and Trimble Inc. are some of the major market participants. Factors such as growth of flooring industry will offer immense growth opportunities. However, high cost of laser distance meters may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this laser distance meter market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this laser distance meter market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • FLIR Systems Inc.
  • Fortive Corp.
  • Hexagon AB
  • Hilti Corp.
  • Laurel At Sunset Inc.
  • Makita Corp.
  • Robert Bosch GmbH
  • Ryobi Ltd.
  • Stanley Black & Decker Inc.
  • Trimble Inc.

Laser Distance Meter Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 140.53 million

Market structure

Fragmented

YoY growth (%)

0.39

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 35%

Key consumer countries

US, China, Canada, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

FLIR Systems Inc., Fortive Corp., Hexagon AB, Hilti Corp., Laurel At Sunset Inc., Makita Corp., Robert Bosch GmbH, Ryobi Ltd., Stanley Black & Decker Inc., and Trimble Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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Laser Distance Meter Market: Segmentation by Geography

Laser-Distance-Meter-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The high growth of construction industry will significantly influence laser distance meter market's growth in this region.

35% of the market’s growth will originate from APAC during the forecast period. US | China | Canada | UK | Germany are the key markets for laser distance meter market  in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the laser distance meter market size.

Laser Distance Meter Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive laser distance meter market growth during the next five years
  • Precise estimation of the laser distance meter market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the laser distance meter market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of laser distance meter market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Architects - Market size and forecast 2020-2025
    • Engineers - Market size and forecast 2020-2025
    • Construction employees - Market size and forecast 2020-2025
    • Interior designers - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Competitive scenario
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • FLIR Systems Inc.
    • Fortive Corp.
    • Hexagon AB
    • Hilti Corp.
    • Laurel At Sunset Inc.
    • Makita Corp.
    • Robert Bosch GmbH
    • Ryobi Ltd.
    • Stanley Black & Decker Inc.
    • Trimble Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The laser distance meter market growth will increase by $140.53 million during 2020-2025.
    The laser distance meter market is expected to grow at a CAGR of 1.80% during 2020-2025.
    Technavio has segmented the laser distance meter market by end user (Architects, Engineers, Construction employees, and Interior designers) and geographic (North America, Europe, APAC, South America, and MEA).
    FLIR Systems Inc., Fortive Corp., Hexagon AB, Hilti Corp., Laurel At Sunset Inc., Makita Corp., Robert Bosch GmbH, Ryobi Ltd., Stanley Black & Decker Inc., Trimble Inc. are a few of the key vendors in the laser distance meter market.
    APAC will register the highest growth rate of 34.78% among the other regions. Therefore, the laser distance meter market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the laser distance meter market growth are:
    • Growth of flooring industry
    The laser distance meter market vendors should focus on grabbing business opportunities from the architects segment as it accounted for the largest market share in the base year.
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