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Handheld Laser Meter Market Share

Report ID: GMI6707
Published Date: Sep 2023
Report Format: PDF

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Handheld Laser Meter Market Share

The handheld laser meter market is highly competitive owing to the presence of key players such as

Fluke
Hexagon AB (Leica Geosystems)
Hilti
L. S. Starrett
Makita
Nikon Corporation
Precaster Enterprises
Prexiso
Robert Bosch
Stabila
Stanley Black & Decker
Transact Inc.
Trimble

Industry participants are expected to increase their foothold in the commercial industry owing to the rising investments in acquisitions and facility centers. Significant investments in R&D to gain technological competitiveness as well as aggressive business strategies including technological launches, collaborations, and long-term agreements with clients to capture revenue share are positively impacting handheld laser meter market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of handheld laser meter reached USD 4.3 billion in 2022 and is projected to grow at a CAGR of over 5.5% from 2023 to 2032, due to increasing interest in DIY projects and home improvement.

The military end-use segment will cross USD 1.2 billion by 2032, owing to the product’s ability to provide quick and accurate distance measurement data in the field.

North America will account for a sizeable share of the handheld laser meter market by 2032, given the presence of robust real estate and construction sectors in the region.

Fluke, Hexagon AB (Leica Geosystems), Hilti, L. S. Starrett, Makita, Nikon Corporation, Precaster Enterprises, Prexiso, Robert Bosch, Stabila, Stanley Black & Decker, Transact Inc., and Trimble are some of the key players operating in the market.