Global Laser Rangefinder Market Research Report 2022

A laser rangefinder is a rangefinder which uses a laser beam to determine the distance to an object, which has been in use as early as the introduction of lasers; it is a useful optical method for measuring distance. LRF is based on time-of-flight method, and it employs light waves. This technique is based on a transmission of a short pulse of electromagnetic radiation and the reception of back scattered signals from a target.

The precision of the instrument is determined by the rise or fall time of the laser pulse and the speed of the receiver. One that uses very sharp laser pulses and has a very fast detector can range an object to within a few millimetres.

Market Analysis and Insights: Global Laser Rangefinder Market

Due to the COVID-19 pandemic, the global Laser Rangefinder market size is estimated to be worth US$ 1140.2 million in 2022 and is forecast to a readjusted size of US$ 1860.2 million by 2028 with a CAGR of 8.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Telescope Later Rangefinder accounting for % of the Laser Rangefinder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Military segment is altered to an % CAGR throughout this forecast period.

Global Laser Rangefinder main players are Trueyard, Vista Outdoor, ORPHA, NIKON, etc. Global top four manufacturers hold a share over 60%. North America is the largest market, with a share nearly 30%.

Global Laser Rangefinder Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Laser Rangefinder Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.



Segment by Type


Telescope Later Rangefinder

Hand-held Later Rangefinder



Segment by Application


Military

Construction

Industrial

Sports

Forestry

Others



By Company


Vista Outdoor

NIKON

Elbit Systems

ZEISS

HILTI

Leica Camera

Mileseey

Bosch

LTI

FLUKE

Trueyard

Leupold

Newcon Optik

Jiuzhiyang Infrared

OPTi－LOGIC

BOSMA


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina