Rangefinder Market Market Size - Industry Share Report 2022

Rangefinder Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.

The rangefinder market is projected to grow from an estimated USD 1.32 billion in 2017 to USD 3.57 billion by 2022, at a CAGR of 21.91% from 2017 to 2022. The factors expected to drive the market in the coming years are increased focus on the modernization of the defense equipment by various countries and rise in the demand for rangefinders for accuracy in sports activities.

Download sample copy @ http://www.reportsnreports.com/contacts/requestsample.aspx?name=1151268

Based on type, the laser segment is estimated to be a larger segment of the rangefinder market during the forecast period. The growth of the laser segment can be attributed to the rising need for accurate and precise information about an object from long distances. The reduction in the price of laser rangefinders, owing to advancements in semiconductor technology is expected to further fuel the growth of the segment.

Based on end use, the commercial segment is estimated to be the largest segment of the rangefinder market during the forecast period. One of the key factors expected to propel the demand for rangefinders in the commercial sector is the increasing adoption of automation in the automotive, process industry and construction industries.

Asia Pacific is projected to be the fastest-growing market for rangefinders during the forecast period Asia Pacific is expected to be the fastest-growing market for rangefinders during the forecast period. The growth of the market can be attributed to the increased military expenditure and rise in automation in various industrial processes, particularly in the Asian economies of India and China.

Break-up of the profile of primary participants for this report:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
• By Designation: C level – 35%, Director level – 25%, Others – 40%
• By Region: North America –26%, Europe – 30%, Asia-Pacific – 22%, South America – 13% and the Middle East and Africa - 9%

Get Discount on this Report @ http://www.reportsnreports.com/contacts/discount.aspx?name=1151268

Key Points From Table Of Content:

12 Company Profiles

(Overview, Strength of Product Portfolio , Business Strategy Excellence , Products Offering, Recent Development’s, Business Strategy)*
12.1 Thales Group
12.2 Elbit Systems Ltd.
12.3 Saab Ab
12.4 Lockheed Martin Corporation
12.5 Northrop Grumman Corporation
12.6 Robert Bosch GmbH
12.7 Flir Systems, Inc.
12.8 Rheinmetall AG
12.9 Kongsberg Gruppen Asa
12.10 Carl Zeiss AG

Inquire Before Buying @ http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1151268

Research Coverage:

The study segments the rangefinder market based on end use (defense, commercial and sports), type (laser, ultrasonic), and range (very low (2.5 km)) and maps these segments and subsegments across major regions, including, North America, Europe, Asia Pacific, and Rest of the World. The report provides in-depth market intelligence regarding the market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges, that influence the growth of the range finder market. The report also analyzes micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall rangefinder market.

About ReportsnReports :

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Contact Us:

Corporate Headquarters
2nd floor, metropole,
Next to inox theatre,
Bund garden road, Pune-411001.
+ 1 888 391 5441
sales@reportsandreports.com

This release was published on openPR.