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Rangefinder Market 2020 Covid-19 Impact and Global Analysis with Top Industry Leaders - Rheinmetall AG, Robert Bosch GmbH, Saab AB, Thales SA

09-11-2020 08:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

The research report provides a big picture on "Rangefinder Market" 2027, on a global basis, offering a forecast and statistic in terms of revenue during the forecast period. This report covers detailed segmentation, complete R & D history, and explanatory analysis including the latest news. Furthermore, the study explains the future opportunities and a sketch of key players involved in the Rangefinder hike in terms of revenue.

Rangefinders are used for measuring the distance from the observer to the target using laser light or ultrasonic waves. The device has wide-ranging applications expanding from sports to military and defense. The rangefinders can detect targets ranging from less than 50 meters to beyond 20 km. The increasing military modernization programs in various countries and the demand for high-precision equipment across industries are contributing to the growth of the rangefinder market during the forecast period.

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The global rangefinder market is segmented on the basis of type, range, and application. Based on type, the market is segmented as laser and ultrasonic. On the basis of the range, the market is segmented as low, medium, and high. The market on the basis of the application is classified as defense, sports, and commercial.

Top Listed Companies in Rangefinder Market are-

- Elbit Systems Ltd.
- FLIR Systems, Inc.
- Kongsberg Gruppen AS
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rheinmetall AG
- Robert Bosch GmbH
- Saab AB
- Thales SA
- ZEISS Corporate Group

The rangefinder market is anticipated to grow in the forecast period owing to driving factors such as increasing demands from the industries for high-precision equipment coupled with the robust demand from the defense sectors. Moreover, the enhanced accuracy in sports activities is further likely to boost market growth. However, extensive use of radars for ranging is a challenge for the growth of the rangefinder market. On the other hand, the use of rangefinders in autonomous cars is expected to create lucrative growth opportunities for the rangefinder market in the coming years.

The "Global Rangefinder Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of rangefinder market with detailed market segmentation by type, range, application, and geography. The global rangefinder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rangefinder market players and offers key trends and opportunities in the market.

Buy Complete Report at https://www.theinsightpartners.com/buy/TIPRE00007389?utm_source=OpenPR&utm_medium=10051

The Insight Partners
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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