According to the latest report by IMARC Group, “Global Construction Lasers Market Share, Size, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global construction lasers market size reached US$ 2.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.1 Billion by 2027, exhibiting a CAGR of 4.70% during 2022-2027.
Construction lasers refer to the tools that consist of a rotating laser beam designed to emit light at a particular wavelength. They can be of various types, including rotary level laser, liner laser level, plumb and dot laser, etc. Construction lasers are leveled to the accuracy of the device and project a fixed beam in a plane about the vertical or horizontal axis. They assist in enhancing the quality and precision of construction, checking land elevations, installing drop ceilings, etc. Consequently, construction lasers are in high demand across the construction and surveying sectors.
Construction Lasers Market Trends and Drivers:
The rising number of infrastructural projects across the globe to meet the requirements of the growing population is primarily driving the construction lasers market. Besides this, the increasing product adoption in the development of smart cities is also positively influencing the market growth.
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Furthermore, the launch of advanced technologies, such as three-dimensional (3D) construction laser scanners that aid in providing immediate information, speeding up task completion, reducing the reworks on sites, etc., is acting as another significant growth-inducing factor.
Apart from this, the elevating product demand among civil engineers and contractors to assist in manual procedures, including squaring, leveling, plumbing, etc., is anticipated to propel the construction lasers market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Construction Lasers Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AdirPro, Hilti Corporation, Johnson Level & Tool Manufacturing Co. (Hultafors Group), Kapro Industries Ltd., PLS Pacific Laser Systems LLC (Danaher Corporation), Robert Bosch Gmbh, Stabila Messgeräte Gustav Ullrich GmbH, Stanley Black and Decker Inc., Topcon Corporation and Trimble Inc.
The report has segmented the market on the basis of region, product and range.
Breakup by Product:
- Rotary Level Laser
- Liner Laser Level
- Plumb and Dot Laser
- Others
Breakup by Range:
- 1-100ft
- 101-200ft
- 201ft and Above
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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