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Laser Measuring Instrument Market Share

Report ID: GMI5813
Published Date: Apr 2024
Report Format: PDF

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Laser Measuring Instrument Market Share

Global Laser Measuring Instrument Company Market Share Analysis, 2023

Laser measuring instrument industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Robert Bosch GmBh, Leica Geosystems, Fluke Corporation, Hilti Corporation, Emerson Electric, Trimble Inc., Stanley Black & Decker and Spectra Precision collectively held around 15%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Laser Measuring Instrument Market Companies

Major players operating in the Laser Measuring Instrument industry are:

Emerson ELectric
Fluke Corporation
Hilti Corporation
Johnson Level & Tool Company
Leica Geosystems
Makita Corporation
RIDGID
Robert Bosch GmBh
Ryobi Limited
Spectra Precision
Stabila
Stanley Black & Decker
Tacklife
Topcon Corporation
Trimble Inc.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

Laser measuring instrument industry size was worth USD 3.8 billion in 2023 and is projected to expand at 5% CAGR from 2024 to 2032, due to the growing construction and real estate sectors on a global scale.

The handheld instruments segment in the laser measuring instrument market recorded USD 2.1 billion in 2023 and is estimated to depict substantial growth between 2024 and 2032, owing to their wide use in construction and renovation projects for accurate measurements of distances, areas, and volumes.

North America laser measuring instrument industry size crossed USD 800 million in 2023 and is projected to expand at significant rate between 2024 and 2032, driven by the high rate of construction activities, including residential, commercial, and infrastructure development.

Emerson Electric, Fluke Corporation, Hilti Corporation, Johnson Level & Tool Company, Leica Geosystems, Makita Corporation, RIDGID, Robert Bosch GmBh, Ryobi Limited, Spectra Precision, Stabila, Stanley Black & Decker, Tacklif, Topcon Corporation, and Trimble Inc. are some of the leading laser measuring instrument companies worldwide.