FACTS AT A GLANCE
Edition: 6; Released: April 2023
Executive Pool: 379
Companies: 41 – Players covered include AdirPro; Hilti Corporation; Johnson Level & Tool Mfg. Co., Inc.; Kapro Industries Ltd.; Pacific Laser Systems; Robert Bosch GmbH; STABILA Messgerate Gustav Ullrich GmbH; Stanley Black & Decker, Inc.; Topcon Positioning Systems, Inc.; Trimble Inc. and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Rotary Level Laser, Liner Laser Level, Plumb/Dot Laser, Other Product Types); Range (1 Ft to 100 Ft, 101 Ft to 200 FT, 201 Ft and Above)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Construction Lasers Market to Reach $2.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Construction Lasers estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2026, growing at a CAGR of 2.9% over the analysis period. Rotary Level Laser, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$1.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liner Laser Level segment is readjusted to a revised 2.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $681.1 Million in 2023, While China is Forecast to Reach $585.4 Million by 2026
The Construction Lasers market in the U.S. is estimated at US$681.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$585.4 Million by the year 2026 trailing a CAGR of 5.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.
Plumb/Dot Laser Segment to Reach US$303.5 Million by the year 2026
In the global Plumb/Dot Laser segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$185.2 Million in the year 2020 will reach a projected size of US$228.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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