openPR Logo
Press release

Handheld Laser Distance Meter Market Estimated to Record Highest CAGR by 2019 to 2027

07-09-2019 12:59 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Handheld Laser Distance Meter Market Estimated to Record

In order to dissert the market scenario prevailing across the handheld laser distance meter market sector, FactMR has evenly presented a comprehensive handheld laser measuring device market analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the handheld laser distance meter market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

Get a Free Sample Report from Here –

Notable Developments in the Handheld Laser Distance Meter Market: 

In February 2019, Nikon Vision Co., Ltd. – a subsidiary of Nikon Corporation (Nikon), recently announced the launch of the MONARCH 2000 – its new portable Laser Rangefinder. The MONARCH 2000 is a handheld laser distance meter with an extended distance measurement capacity of a maximum distance of 1,820 meters. Various innovative and modern features, such as red OLED internal display and an automatic display brightness adjustment function, are incorporated in Nikon’s new handheld laser distance meter.
In February 2019, Trimble, Inc. – a California-based developer of laser rangefinders and inertial navigation systems – announced its e-commerce platform, Trimble Exchange, where customers in the United States can directly connect with the Trimble's SITECH® dealer network to purchase refurbished or pre-owned, legacy Trimble products. With the launch of the new e-commerce platform, Trimble aims to attract customers, especially from the civil construction industry, by offering competitive prices of pre-owned Trimble equipment.
In June 2018, Robert Bosch GmbH (Robert Bosch Tool) – a leading provider of cordless & corded measuring tools, power tools, and tool accessories and one of the leading stakeholders in the handheld laser distance meter market – introduced the new Bosch BLAZE™ Outdoor GLM400C Connected Laser Measure, which comes with the Viewfinder as well as a Camera. The new handheld laser distance meter provides unique features such as default real-time measuring, indirect measuring functions for length, area, as well as volume along with a display guide.
In February 2018, Hexagon AB (Leica Geosystems), a leading providers of geospatial industrial solutions and a leading player in the handheld laser distance meter market, announced the launch of its new handheld laser distance meter –Leica DISTO™ X3 and X4 – which is specially designed for the construction industry. The new handheld laser distance meter is water- and dust-protected and it can withstand drop tests from a height of 2 meters. The company also declared that a Pointfinder camera is integrated into the new product – DISTO X4, which can help users to easily locate distant target even in bright sunlight. With the launch of the revolutionary and technologically advanced handheld laser distance meters, the company is aiming to consolidate a stronger position in the market. 
Other key players in the handheld laser distance meter market are Fluke Corporation, Hilti, Inc., Makita U.S.A., Inc., Precaster Enterprises Co., Ltd., Prexiso AG, STABILA Measuring Instruments Gustav Ullrich GmbH, Stanley Black & Decker Inc., Trimble, Inc., and The L.S. Starrett Company Ltd.

Handheld laser distance meters are rapidly replacing their traditional counterparts such as measurement tapes, used in the industry. The burgeoning demand for handheld laser distance meters in the construction industry is mainly attributed to the needs for improving the speed and accuracy of distance measurement tools. Handheld laser distance meters are commonly used in the construction industry for height tracking, which enabled end-users to derive the discrepancy between the heights of two sides of a wall with more accuracy and without any assistance. The importance of getting the measurements right the first time with high efficiency, accuracy, and safety is necessitating the use of handheld laser distance meters in the construction industry. Leading stakeholders in the handheld laser distance meters market are focusing on introducing handheld laser distance meters for the construction industry to capitalize on lucrative sales opportunities created by the ongoing construction activities worldwide.

Camera with Brightness Adjustment Features Emerge as Outdoor Application Enablers

A majority of customers are incorporating state-of-the-art measurement instruments, such as handheld laser distance meters, for outdoor applications, in bright sunlight. Leading manufacturers in the handheld laser distance meter market are focusing on improving the quality of display by integrating a high-resolution screen with modern handheld laser distance meters. By introducing brightness adjustment features and a camera with zooming capabilities, handheld laser distance meter market players are allowing end-users to spot distant targets in bright sunlight. In the upcoming years, integrating cameras and high-resolution display options with handheld laser distance meters is likely to emerge as a popular trend in the market.

High Cost Continues to Remain a Key Growth Impediment

Although handheld laser distance meters enable end-users to achieve more accuracy at distance measurement tasks, they are extremely expensive, which is one of the leading factors to limit the market growth. As compared to their alternatives – ultrasound distance meters, handheld laser distance meters cost much higher. Thereby, customers are preferring to purchase pre-owned handheld laser distance meters or leasing one, owing to its high cost. Taking into consideration this trend, leading manufacturers in the handheld laser distance meters market are offering pre-owned equipment or leasing handheld laser distance meters of their own brands at competitive prices to gain an edge in the handheld laser distance meter market.

Have Any Question? Ask Our Industry Experts –

Contact Us

11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Handheld Laser Distance Meter Market Estimated to Record Highest CAGR by 2019 to 2027 here

News-ID: 1799973 • Views: 94

More Releases from Fact.MR

03-20-2020 | Health & Medicine
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - We leverage space-age industrial and digitalization tools
Marine Seats Market Growing Demand to Impact Revenue Share during 2018 2028
The new report on the marine seats market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 - 2017. According to the report, the marine seats market is projected to grow at 4.6% CAGR through 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of

All 5 Releases

More Releases for Trimble

Global Truck Telematics Market Growth 2019 : Trimble, Delphi, Mojio, GEOTAB
Telematics is a combination of the words telecommunications and informatics. Telematics, in a broad sense, is any integrated use of telecommunications with information and communications technology. It is the technology of sending, receiving and storing information relating to remote objects like vehicles via telecommunication devices. Truck telematics is a way of monitoring the location, movement, status and behavior of a vehicle within a fleet. This is achieved through a
Smart Agriculture Market Is Booming Worldwide | Deere, Trimble, Raven Industries
HTF MI recently introduced Global Smart Agriculture Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Deere, Trimble, Raven Industries, Agjunction, Agco, Climate, AG Leader Technology, Precision
Global Agriculture Drone Sales Market Report 2018-2025 | DJI, 3DR, Trimble Navig …
"The Latest Research Report Global Agriculture Drone Sales Market Report 2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -" The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report
Global Total Station Market 2017 - Suzhou FOIF Co., Hexagon, Trimble, Trimble
The report that is written on the titled Total Station Market 2017 covers all the aspects of the global market study. This report has an estimation about the Total Station Market size in terms of value (US$). The report contains the broad segmentation of the market. The report provides the information about the Total Station Market and also forecasts its position in the coming years. The global Total Station market is
Global Smart Farming Market 2017 - Trimble Navigation Limited, Trimble
The report entitled Global Smart Farming Market 2017 presents key insights into the global Smart Farming market along with the latest up-to-date industry details and forthcoming Smart Farming industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Smart Farming Market 2017" is to study comprehensive details of the market
System Upgrade for a Trimble ICS5000L Customer
German Company Provides Proven Positioning Solution for Airport Logistics The Hong Kong International Airport is the biggest air freight hub in the world. To guarantee the fail-safe operation of their logistics systems the airport operator relies on positioning systems provided by PSI Technics, headquartered in Germany. In 2010, the Hong Kong International Airport replaced Memphis International Airport as the biggest, top-ranking cargo airport in the world. According to figures provided by Airports