The Global Scanning Laser Rangefinders Market size is estimated to grow at XX% CAGR from 2021 to 2028. The factors that are driving the growth of this market include the increasing demand for high-precision measuring instruments and the technological advancements in scanning laser technology. Moreover, as these devices are becoming increasingly affordable, they are being used extensively in various applications such as sports and military sectors.
Scanning Laser Rangefinders is a device that measures the distance to an object by using laser beams. It operates on the principle of triangulation and it can measure distances from 50 meters up to 30 kilometers, depending on certain conditions such as what type of target you are measuring.
Scanning laser rangefinders are used in military, construction, and sports applications. They can be handheld devices or telescopes mounted on a tripod. In places such as forests, the device's lasers bounce off trees and measure their distance from the instrument to determine how far away they are, which is then relayed to an operator using numbers on a digital screen. They also provide information about the height of objects like cliffs where they cannot be seen by the eye alone.
On the basis of Type, the market is segmented into Telescope Type and Hand-Held Type.
Telescope type is a rangefinder that can be mounted on top of an optical telescope to measure the distance from the telescope to something in the sky. Telescopes used for measuring distances are called ranging telescopes, and these devices allow astronomers or surveyors to accurately determine very longitude and latitude measurements by taking advantage of Earth's movement. Measurements may also include more complicated calculations such as precise surveying when using triangulation techniques with two different points on earth being observed simultaneously by two observers at known locations. Telescopes have varying degrees of accuracy depending upon their design and construction materials.
The hand-held type is a rangefinder that can be held in the palm or against one's chest. These are typically used to measure distances that do not exceed 300 meters, though they may also be used for close ranges such as golfing measurements up to 150 yards. A hand-held laser rangefinder may be used in a variety of applications including golfing, building measurements, and surveys.
On the basis of Application, the market is segmented into Military, Construction, Sports, and Forestry.
The use of scanning laser rangefinders in the military has seen an increase due to the demand for accurate and reliable distance measurement devices. The rise is attributed to a shift from traditional methods such as surveying poles, tape measures, and binoculars towards modern technology like GPS which may not offer correct readings all the time since they are dependent on satellite signal reception. Recently, there's been increased adoption of this product by civilian agencies who often need to measure distances accurately while conducting their operations.
Scanning Laser Rangefinders are used by construction contractors to measure the distance between two points and determine if a proposed site is suitable for building. These devices can also be used in forestry, sports, and other applications where accurate measurements need to be taken. They work well under difficult conditions because of their accuracy, small size, and lightweight.
Sports is one of the major applications for laser rangefinders. Laser range finder helps sportsmen to measure distances accurately and quickly so that they can set up or break down their golf courses, tennis courts, etc with ease. It also assists in mapping out football fields for measurement before a game starts.
However, there are some limitations such as reflective surfaces which obstruct the lasers’ path; these need to be taken into consideration while using this technology outdoors. Additionally, it cannot take measurements in cloudy conditions when visibility is poor because light doesn't scatter well on clouded days.
Rangefinders are used to measure the distance between a person and the ground. They can also be calibrated to calculate distances between trees, which is done by measuring from tree trunk to tree trunk.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is anticipated to be the dominant region in terms of market share, owing to the high demand for scanning laser rangefinders from the military and construction sectors. The Latin American market is expected to witness swift growth on account of increasing adoption among various industrial applications such as the agricultural sector, the forestry industry, and sports.
The Middle East & Africa market is predicted to grow at the highest CAGR mainly due to growing defense expenditure in this region coupled with ongoing civil engineering projects for infrastructure development across major economies including Saudi Arabia, United Arab Emirates (UAE), Qatar, Bahrain, and Kuwait.
Both the Asia Pacific and Europe are projected to observe moderate but steady growth over the forecast period primarily driven by technological advancements in these regions leading to increased use cases of scanning lasers ranging from the military, construction, and various other industries.
Up Market Research published a new report titled “Scanning Laser Rangefinders Market research report which is segmented by Types (Telescope Type, Hand-held Type), By Applications (Military, Construction, Sports, Forestry, Others), By Players/Companies Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Mileseey, Newcon Optik, Leupold, OPTiï¼LOGIC, BOSMA”.
Report Attributes | Report Details |
Report Title | Scanning Laser Rangefinders Market Research Report |
By Type | Telescope Type, Hand-held Type |
By Application | Military, Construction, Sports, Forestry, Others |
By Companies | Trueyard, Vista Outdoor, ORPHA, NIKON, ZEISS, Leica Camera, LTI, HILTI, Bosch, FLUKE, Mileseey, Newcon Optik, Leupold, OPTiï¼LOGIC, BOSMA |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 228 |
Number of Tables & Figures | 160 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Telescope Type, Hand-held Type and By Application Military, Construction, Sports, Forestry, Others.
Some of the companies that are profiled in this report are:
Scanning Laser Rangefinders Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Scanning Laser Rangefinders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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