Laser Rangefinder Market Share, Growth by Top Company, Region, Application, Driver, Trends and Forecasts by 2026.
Global Laser Rangefinder Market report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
(EMAILWIRE.COM, October 12, 2018 ) The global Laser Rangefinder Market generated $1,120 million in 2017 and is anticipated to grow at a CAGR of 11.2% during the forecast period.
Laser rangefinder is a device that uses the process of ranging to determine the distance between the user and the target. An infrared beam is emitted from the LRF which hits the target. It is then reflected back to the rangefinder where a computer chip determines the time taken for the process. The accuracy of the LRF is quite high ranging to plus or minus one yard/meter. Sophisticated LRFs are now being developed to be equipped with more accessories and multiple modes such as low-light accuracy, GPS and quick data transfer.
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The demand for laser rangefinder has increased owing to rising demand from the automotive industry, modernization of vehicles, and growing development of autonomous vehicles. The rising use of laser rangefinder in industrial equipment of higher accuracy, and growing demand from the sports sector has resulted in the laser rangefinder market growth. The growing modernization of warfare technology, and development of laser guided weapons has increased the demand for laser rangefinder across the globe. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Laser Rangefinder Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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North America generated the highest revenue in the laser rangefinder market in 2017 owing the established defense sector, and increasing development of autonomous vehicles in the region. The increasing modernization of warfare, and development of laser guided weapons in the region further boost the laser rangefinder market growth.
Competitive Landscape and Key Vendors
The global laser rangefinder market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies profiled in the report include Robert Bosch GmbH, Thales Group, Flir Systems, Inc., Elbit Systems Ltd., Rheinmetall AG, UTC Aerospace Systems, Northrop Grumman Corporation, Carl Zeiss AG, Lockheed Martin Corporation, and Kongsberg Gruppen Asa.
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Key Segments
Type
• Hand-held
• Telescope
Range
• Very Low
• Low
• Medium
• High
End-User
• Defense
• Sports
• Industrial
• Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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Laser rangefinder is a device that uses the process of ranging to determine the distance between the user and the target. An infrared beam is emitted from the LRF which hits the target. It is then reflected back to the rangefinder where a computer chip determines the time taken for the process. The accuracy of the LRF is quite high ranging to plus or minus one yard/meter. Sophisticated LRFs are now being developed to be equipped with more accessories and multiple modes such as low-light accuracy, GPS and quick data transfer.
Request For Sample Copy of This Report @ https://www.polarismarketresearch.com/industry-analysis/laser-rangefinder-market/request-for-free-sample/
The demand for laser rangefinder has increased owing to rising demand from the automotive industry, modernization of vehicles, and growing development of autonomous vehicles. The rising use of laser rangefinder in industrial equipment of higher accuracy, and growing demand from the sports sector has resulted in the laser rangefinder market growth. The growing modernization of warfare technology, and development of laser guided weapons has increased the demand for laser rangefinder across the globe. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Laser Rangefinder Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Make an inquiry for purchasing this report @ https://www.polarismarketresearch.com/industry-analysis/laser-rangefinder-market/inquire-before-buying/
North America generated the highest revenue in the laser rangefinder market in 2017 owing the established defense sector, and increasing development of autonomous vehicles in the region. The increasing modernization of warfare, and development of laser guided weapons in the region further boost the laser rangefinder market growth.
Competitive Landscape and Key Vendors
The global laser rangefinder market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies profiled in the report include Robert Bosch GmbH, Thales Group, Flir Systems, Inc., Elbit Systems Ltd., Rheinmetall AG, UTC Aerospace Systems, Northrop Grumman Corporation, Carl Zeiss AG, Lockheed Martin Corporation, and Kongsberg Gruppen Asa.
Browse Complete Details @ https://www.polarismarketresearch.com/industry-analysis/laser-rangefinder-market/
Key Segments
Type
• Hand-held
• Telescope
Range
• Very Low
• Low
• Medium
• High
End-User
• Defense
• Sports
• Industrial
• Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Follow us- LinkedIn | Twitter | Facebook
Contact Information:
Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
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Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results