Handheld Laser Distance Meter Market Report: Trends, Forecast and Competitive Analysis to 2030

Handheld Laser Distance Meter Trends and Forecast

The future of the global handheld laser distance meter market looks promising with opportunities in the military, building and construction, and metal and mining industry . The global handheld laser distance meter market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for handheld laser distance meters in the construction industry, growing adoption of digital tools, and rising demand for handheld laser distance meters for their accurate measurements.

A more than 150-page report is developed to help in your business decisions.

Handheld Laser Distance Meter by Segment

The study includes a forecast for the global handheld laser distance meter by type, application, and region.

Handheld Laser Distance Meter Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Up to 30 Meters
• 30-100 Meters
• Above 100 Meters

Handheld Laser Distance Meter Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Military
• Building and Construction
• Metal and Mining Industry
• Others

Handheld Laser Distance Meter Market by [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Handheld Laser Distance Meter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies handheld laser distance meter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the handheld laser distance meter companies profiled in this report include-

• Fluke
• Leica Geosystems
• Trimble
• Nikon Corporation
• Robert Bosch
• Stanley Black & Decker
• Hilti
• Makita
• Precaster Enterprises
• Prexiso

Handheld Laser Distance Meter Market Insights

Lucintel forecasts that 30-100 meters is expected to witness highest growth over the forecast period.

Within this market, building and construction will remain the largest segment.

North America is expected to witness highest growth over the forecast period.

Features of the Global Handheld Laser Distance Meter Market

Market Size Estimates: Handheld laser distance meter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Handheld laser distance meter market size by type, application, and region in terms of value ($B).

Regional Analysis: Handheld laser distance meter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Segmentation Analysis: Handheld laser distance meter market size by type, application, and region in terms of value ($B).

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the handheld laser distance meter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the handheld laser distance meter market size?

Answer: The global handheld laser distance meter market is expected to reach an estimated $4.7 billion by 2030.

Q.2 What is the growth forecast for handheld laser distance meter market?

Answer: The global handheld laser distance meter market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the handheld laser distance meter market?

Answer: The major drivers for this market are increasing demand for handheld laser distance meters in the construction industry, growing adoption of digital tools, and rising demand for handheld laser distance meters for their accurate measurements.

Q4. What are the major segments for handheld laser distance meter market?

Answer: The future of the handheld laser distance meter market looks promising with opportunities in the military, building and construction, and metal and mining industry markets.

Q5. Who are the key handheld laser distance meter market companies?

Answer: Some of the key handheld laser distance meter companies are as follows:

• Fluke
• Leica Geosystems
• Trimble
• Nikon Corporation
• Robert Bosch
• Stanley Black & Decker
• Hilti
• Makita
• Precaster Enterprises
• Prexiso

Q6. Which handheld laser distance meter market segment will be the largest in future?

Answer: Lucintel forecasts that 30-100 meters is expected to witness highest growth over the forecast period.

Q7. In handheld laser distance meter market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the handheld laser distance meter market by type (up to 30 meters, 30-100 meters, and above 100 meters), application (military, building and construction, metal and mining industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?