Laser Distance Meter Market: Dynamics
The manufacturers of the laser distance meter are focusing on designing and developing the advance laser distance meter with improved capacity, high quality display, improved resistance, and dropping tests. These parameters are fuelling the growth of laser distance meter market across various regions during forecast period at significant CAGR. In February 2019, Nikon Vision Co., Ltd., one of the prominent manufacturer of laser distance meter launched MONARCH 2000 laser distance meter with a long distance measurement capability of a distance of 1,820 meters. This laser meter has various innovative and advance features, such as an automatic display brightness modification function and red OLED internal display. In February 2018, Hexagon AB (Leica Geosystems), key manufacturer of laser distance meter has lunched Leica DISTO™ X3 and X4 handheld laser distance meter specially designed for the construction industry. It is dust- and water-protected and it can withstand drop trials from a height of 2 meters.
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With the launch of the technologically and revolutionary advanced laser distance meters, the key players are aiming to consolidate a robust position in the laser distance meter market during forecast period.
Laser Distance Meter Market: Competition Landscape
Some of the prominent players of laser distance meter market are Nikon Vision Co., Ltd., Hilti, Inc., Fluke Corporation, Makita U.S.A., Inc., Prexiso AG, Precaster Enterprises Co., Ltd., Hexagon AB (Leica Geosystems), STABILA Measuring Instruments Gustav Ullrich GmbH, Trimble, Inc., Stanley Black & Decker Inc., and The L.S. Starrett Company Ltd.
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Laser Distance Meter Market: Regional Overview
On the basis of the geography, FMI has divided the global regions into the seven key regions, North America, Latin America, Europe, East Asia, South Asia, Middle East & Africa, and Oceania. In these key regions, North America is anticipated to hold prominent share in terms of value in the laser distance meter market owing to, rapid growth in the military sector and the construction sector. The value share of North America is followed by the European countries. Countries in the Europe such as Germany and France are expected to hold significant share in laser distance meter market due to rapid growth in construction and healthcare field. These parameters are propelling the growth of laser distance market across various regions during forecast period at significant CAGR.
The Laser distance meter market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on: Laser distance meter Market Segments Laser distance meter Market Dynamics Laser distance meter Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Laser distance meter market Technology Value Chain of the Market Market Drivers and Restraints
Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM) Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe) CIS & Russia Japan Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ) Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
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