Laser distance meter use laser beam to track the dimension of an object. A laser distance meter are primarily used to simplify the task of measurement and thereby saves considerable time. In addition, laser distance meter also help to take measurement at various angles with greater accuracy of up to +/- 1 mm. Laser distance meter are increasingly used across various applications including, finding the length of electrical wiring and furniture, carpet flooring and interior designing. Moreover, laser distance meter are also used abundantly by various solar energy solution providers for the purpose of panel installation and maintenance. In the past few years, laser distance meter has witnessed a lot of innovation and advancements in terms of weight, accuracy and size. There is even some high end laser distance meter such as Bosch GLR 825, Leica S910 and Fluke 424 that are fitted with additional features such as Pythagoras function, angle measurement and 4x camera zoom facilities. The global laser distance meter market is anticipated to experience a steady growth rate in the coming years owing to the rising application of laser distance meter in the construction sector for accurate and fast measurement of floor dimensions.

Rising number of floor plan applications is considered to be one of the most important factor that has contributed to the growth of the laser distance meter market. Various laser distance meter manufacturers are focusing continuously to integrate laser distance meters with office computer system on a real-time basis and has resulted in development of mobile applications which enable the users to connect laser distance meters with their tablet and smartphones.  As compared to manual measurements techniques, these mobile apps help the users to record magnitude of various real world objects with better ease, speed and precision. Easy availability of such apps is expected to induce various end user segments to adopt laser distance meters, which in turn, is predicted to propel the demand such devices in the near future. In addition, increasing inclination of consumers towards digital measuring devices for gaining accurate results is another important factors anticipated to trigger the demand of laser distance meter during the forecast period from 2017 to 2025. Rising demand for laser distance meter along with pricing pressure from various local manufacturers is expected to intensify competition, thereby leading different organizations to develop new competitive strategies. With the integration of laser distance meters with different software applications in tablets and smartphones, various vendors can analyze the specific requirement of consumers at the macro level. This in turn, generate huge data, analyzing which different laser distance meter manufacturers can statistically analyze consumers demand and can retain their customer base.

In order to provide a detailed analysis of the global laser distance meter market, the market has been classified into application and end user. Different end user segments that majorly employs laser distance meter including professional contractors, architects and construction employees is provided in this report.  In addition, various application in which laser distance meter are used extensively such as plumbing, construction and HVAC (Heating, Ventilation and Air Conditioning) system is also incorporated within our scope of research. Furthermore, data related to current market situation along with future predicted demand trend of laser distance meter across various regions including Asia Pacific, Europe, North America, Middle-East and Africa (MEA) and Latin America is also furnished within this report.

Among the different end user segments, professional contractors held the largest market share in 2016 and is expected to maintain its leading position in the market throughout the forecast period. Laser distance meter are used extensively by various professional contractors in order to reduce manpower and work hour required for measurement purpose and to ensure safety of workers from accident at the time of measuring complex architectures.

Some of the major players operating the global laser distance meter market includes Bosch (Germany), Fluke (The U.S.A), Stanley Black & Decker (The U.S) and Danaher (The U.S) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Laser Distance Meter Market