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Construction Laser Market Trends

  • Report ID: GMI5930
  • Published Date: Apr 2024
  • Report Format: PDF

Construction Laser Market Trends

Several regulations and government initiatives led construction engineers to use Construction Lasers that offer precise and superior accuracy in construction projects. The trend of automated construction lasers, integration of remote-control technology, reduced human intervention, continuous operation in construction industries boosted the market. The expansion of real-estate industry and has wider applications of construction laser including installing ceiling tiles, installing chair railings, installing receptacles, hanging pictures, installing sewer pipe propel the overall market growth.
 

Additionally, continuous innovation in construction laser technology such as self-leveling, automation, measuring efficiency drives the adoption of construction laser across construction and infrastructure projects. There is growing potential for developing multifunctional construction laser systems which will offer suite measurements from using a single device. The trend of utilization of construction laser in road construction for distance coverage, grading, monitoring barriers, tunnel alignment have fueled the market growth. Thus, the demand for construction laser continues to grow and fuels the expansion of the instrumentation market. Expanding construction activities and rising population boosted the demand for overall market growth.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of construction laser was reached USD 2.70 billion in 2023 and will grow at 4.4% CAGR during 2024 to 2032, driven by expansion of the construction sector.

Construction laser industry from the rotary level laser product segment reached USD 1.22 billion in 2023 and is expected to exceed USD 1.86 billion by 2032, owing to its self-leveling capabilities and integrated automation system.

Asia Pacific construction laser market generated USD 921 million in 2023 and will grow rapidly till 2032, driven by rising construction and manufacturing activities.

AdirPro, ADA Instruments, DotProduct, Hilti, Kapro Industries Ltd., Laser Tools Co. Inc, Leica Geosystems AG, Makita, Pacific Laser Systems, Qualcomm, and SOLA among others.

Construction Laser Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 212
  • Countries covered: 23
  • Pages: 224
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