Press release
Construction Lasers Industry Outlook 2025-2029: Market Set to Cross $3.67 Billion Milestone
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Construction Lasers Market Size By 2025?
The market size for construction lasers has seen robust growth lately. Forecasts predict an expansion from $2.83 billion in 2024 to $2.99 billion in 2025, representing a compound annual growth rate (CAGR) of 5.6%. Several factors have driven this historical growth, including the smart city initiative, heightened investments in research and development, burgeoning construction industry in upcoming markets, emphasis on green and sustainable construction methods, the need for portable and compact laser solutions, and a rise in applications within interior construction.
How Big Is the Construction Lasers Market Size Expected to Grow by 2029?
The size of the construction lasers market is predicted to observe hefty growth in the upcoming years, swelling to a value of $3.67 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.3%. This growth during the projected period can be associated with the amalgamation with building automation systems, increased prefabricated construction, the advance of mixed-reality construction, an intensified focus on safety features, and application in large-industrial construction processes. The forecast period will also see trends such as increased adoption of state-of-the-art technologies, the fusion of laser technology with building information modeling (BIM), progressions in laser measurement technologies, automated and robotic solutions and a shift towards digital construction workflows.
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Which Key Market Drivers Powering Construction Lasers Market Expansion and Growth?
The growth of the burgeoning construction industry is predicted to stimulate the expansion of the construction laser market in the future. The construction sector focuses on the generation, preservation, and refurbishment of infrastructure. Increased activity in the construction industry heightens the need for construction lasers. These lasers prove beneficial for a myriad of tasks and processes executed on construction sites, such as reconstruction, assembly, acquiring precise measurements (rangefinder function) during the installation of various plumbing systems, among other things. For example, the Indian Ministry of Statistics and Programme Implementation anticipates a growth of 16.8 percent in the construction sector in the Q2 of fiscal year 2022-2023, contrasting with a 2.3 percent growth in 2021-2022. Consequently, the booming construction sector will influence the advancement of the construction lasers market.
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Which Fast-Growing Trends Are Poised to Disrupt the Construction Lasers Market?
In the construction laser market, the growing trend is geared towards technological advancements. Prominent companies in this particular market are bent on unveiling new technology-centered solutions to solidify their market position. For instance, in August 2022, Trimble, a U.S.-based company involved in construction lasers, introduced the Trimble X12 scanning system. This system merges Zoller+Fröhlich (Z+F) 3D laser scanning and imaging hardware technology with Trimble's proprietary software for optimal data capture and on-the-spot registration. This innovative system boasts unique features like a scanning range of 0.3 to 365 meters and a maximum scan speed that reaches up to 2.2 million points every second. The high-resolution area scans taken by the Trimble X12 scanning system provide further details on areas of interest and are able to capture even hard-to-reach places from a secure distance. It employs its scanning capabilities on complex industrial facilities for modeling and adjusting designs.
What Are the Emerging Segments in the Construction Lasers Market?
The construction lasers market covered in this report is segmented -
1) By Type: Rotary Level Laser, Linear Laser Level, Plumb Or Dot Laser, Other Types
2) By Range: 1 ft. To 100 ft., 101 ft. To 200 ft., 201 ft. And Above
3) By Application: Commercial, Residential
Subsegments:
1) By Rotary Level Laser: Self-Leveling Rotary Lasers, Manual Rotary Lasers
2) By Linear Laser Level: Line Lasers, Cross Line Lasers
3) By Plumb Or Dot Laser: Dot Lasers, Plumb Lasers
4) By Other Types: 3D Laser Scanners, Laser Distance Measurers
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Who Are the Global Leaders in the Construction Lasers Market?
Major companies operating in the construction lasers market are Stanley Black & Decker Inc., Hilti Corporation, Kapro Industries Ltd., Robert Bosch Gmbh, Hexagon AB, Trimble Inc., Leica Geosystems AG, Spectra Precision Lasers LLC, Johnson Level & Tool Mfg Co. Inc., Stabila Messgeräte Gustav Ullrich GmbH, Fluke Corporation, Pacific Laser Systems LLC, Sokkia Co. Ltd., Dewalt company Ltd., Makita Corporation, Milwaukee Electric Tool Corporation, Laser Alignment Inc., Greenlee Tools LLC, CST/Berger Corporation, Geomax International AG, Topcon Corporation, Laserliner Messtechnik GmbH, Firecore Laser Systems, Nivel System, Laser Technology Inc.
Which are the Top Profitable Regional Markets for the Construction Lasers Industry?
Asia Pacific was the largest region in the construction lasers market in 2024. The regions covered in the construction lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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