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Construction Laser Market size was valued at over USD 2.5 billion in 2022 and is anticipated to grow at a CAGR of over 4% between 2023 and 2032. The increasing global demand for infrastructure development, driven by population growth and the launch of new projects, has led to a rise in residential and commercial construction ventures. Owing to this factor, the demand for construction lasers has also increased, particularly with the development of smart cities in various countries, which is increasing demand for construction equipment. However, the use of construction lasers presents safety concerns for workers as prolonged exposure to laser beams can cause skin burns and eye injuries. Additionally, the high cost associated with the installation and maintenance of construction lasers will pose challenges to market growth during the forecast period.
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A construction laser, also known as a laser level or laser spirit level, is a precision instrument used in the construction industry to accurately level and measure various aspects of construction. It uses a laser to create a beam of light or use a point on a surface or surface, providing accurate and consistent measurements for tasks such as installation, assembly, and high order.
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 2.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.3% |
2032 Value Projection: | USD 3.7 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 552 |
Segments covered: | Product, Range, Operation, Application, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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In the current scenario, the construction laser market is experiencing growth, primarily due to the surge in infrastructure projects globally. Construction lasers have wide use in the construction of durable & high-quality structures, improving accuracy and minimizing human errors. They are also witnessing an increase in adoption among contractors and civil engineers to streamline manual procedures, such as plumbing, squaring, and leveling, which will have positive impacts on market growth. Furthermore, infrastructure enhancements and government initiatives to promote infrastructure development will add to the optimistic industry outlook.
The COVID-19 pandemic had negative impacts on the construction laser market. The industry faced disruptions due to temporary shutdowns, supply chain disruptions, and labor shortages. Construction projects were delayed or put on hold, impacting the demand for construction lasers. On the other hand, as restrictions eased and construction activities resumed, the industry witnessed a gradual recovery. Overall, the market witnessed negative growth due to declined number of construction projects.
Green laser technology is currently gaining popularity in the construction laser market. Green lasers have many advantages over red lasers. The enhanced visibility and accuracy of green lasers make them highly suitable for both indoor & outdoor construction applications. Construction professionals use green lasers to precisely align and measure distances, leading to accurate construction. In green lasers, narrow line aberration aids the laser in providing precision, accuracy, and alignment. Green lasers find applications in various construction tasks including leveling, grading, alignment, pipe installation, concrete pouring, and interior layout.
Based on product, the construction laser market is segmented rotary level laser, line laser levels, plumb/dot laser. The rotary level laser segment held a market share of over 25% in 2022 and is anticipated to witness significant growth during forecast period. The shipment of rotary level laser were over 5 million in 2022. The demand for rotary level lasers is driven by the growth in infrastructure development projects globally. The government & private sectors have invested in highways, railroads, housing, and other infrastructure, creating business opportunities for construction lasers. The construction industry is constantly evolving, using new technologies and practices to increase efficiency & quality. The demand for rotary-level lasers is expected to increase due to their high use by engineers for modern design techniques.
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Based on operation, the market is divided into manual, self-leveling, and automatic-leveling lasers. The self-leveling and automatic-leveling lasers segment held over USD 1.5 billion revenue in 2022 and is anticipated to grow at a CAGR of over 4.5% from 2023 - 2032. The self-leveling and automatic-leveling lasers segment is driven by the need for time & labor cost savings, enhanced accuracy, ease of use, versatility, increased efficiency, safety considerations, integration with digital technology, and the construction industry growth. Self-leveling and automatic-leveling lasers are tools that can be employed in diverse applications such as leveling, excavation, concreting, and interior & exterior leveling. They are often used for repairing walls, installing ceilings, preparing formwork for concrete, and leveling floors. The self-leveling and automatic-leveling features of lasers increase safety by reducing human errors during grading operations. Lasers constantly monitor and adjust their levels, reducing the possibility of miscalculation or inaccurate measurement, improving job site safety and reducing errors that cause rework or delays.
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Asia Pacific dominated the global construction laser market with over 35% revenue share and over 8 million units in 2022. The Asia Pacific region is undergoing exponential growth as more individuals are migrating to cities and towns. This trend is driving real-estate development including residential, commercial, transportation, and smart city development. The need for precision & level measurement in these tasks will increase the laser demand. Furthermore, governments in the Asia Pacific region are investing heavily in infrastructure to support economic growth and improve living standards.
Some major players operating in the construction laser market are AdirPro, AGATEC, Hilti Corporation, Johnson Level & Tool Mfg. Co., Inc., Kapro Industries Ltd., Leica Geosystems, Milwaukee Tool, Pacific Laser Systems (Fortive Corporation), Paragon Instruments, Robert Bosch GmbH, SOLA, Spectra Precision, STABILA Messgeräte Gustav Ullrich GmbH, Stanley Black & Decker, Inc., and Topcon Corporation. These players are focused on strategic partnerships and innovative construction laser solution launches & commercialization to expand their market presence. They are heavily investing in research & development to introduce innovative solutions and capture a significant share of the market.
The construction laser market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) and units from 2018 to 2032, for the following segments:
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By Product
By Range
By Distribution Channel
By Application
The above information is provided for the following regions and countries: