SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Laser Distance Meters – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 352
Companies: 38 – Players covered include FLIR Systems, Inc.; Fluke Corporation; Hilti Corporation; Leica Geosystems AG; Makita Corporation; Robert Bosch Tool Corporation; STABILA Messgerate Gustav Ullrich GmbH; Stanley Black & Decker Deutschland GmbH; Stanley Black & Decker, Inc.; Trimble, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Laser Distance Meter)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Laser Distance Meters Market to Reach $1.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Laser Distance Meters estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2026, growing at a CAGR of 2.1% over the analysis period.
The U.S. Market is Estimated at $453.6 Million in 2021, While China is Forecast to Reach $299.2 Million by 2026
The Laser Distance Meters market in the U.S. is estimated at US$453.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$299.2 Million by the year 2026 trailing a CAGR of 1.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 1.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR. More
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SOURCE Global Industry Analysts, Inc.