Handheld Laser Distance Meter Market are estimated to surpass 3 million units by 2027-end

A recent study by Fact.MR states that nearly 2.4 Mn units of handheld laser distance meters were sold in 2018, and estimates a 2.1% rise in sales of handheld laser distance meters, to cross 2.5 Mn units by 2019. Fact.MR thoroughly assesses various aspects of the handheld laser distance meter market to reach unique conclusions about its growth prospects, and changing demand for handheld laser distance meters across industry verticals.

The study finds that, in the past few years, distance measurement tools have undergone multiple transformations-all aimed at improving the accuracy, efficiency, and ease of handling the equipment. The study anticipates demand for handheld laser distance meter to remains robust in the building and construction industry, with resurgent rise in the residential and commercial construction activities alike.

“The construction industry has witnessed a considerable growth since the past decade. It is ushering in the digital technological revolution to reduce its heavy reliance on mechanical technology and manual labor. As leading industry players are rethinking long-established practices by shifting to next-generation instruments, such as handheld laser distance meters, to improve the business productivity and sustainability to reshape their competencies. Thereby, the building and construction industry will continue to prove the most lucrative end-user industry in the handheld laser distance meter market,” says Fact.MR.

Spotting the lucrative sales opportunities, manufacturers in the handheld laser distance meter market are gradually foraying into the construction industry. The Fact.MR study finds that over 1.4 million units of handheld laser distance meters were sold to the building and construction industry in 2018, which is nearly 60% of overall sales.

The study predicts that the building and construction industry will continue to hold the largest volume share in the handheld laser distance meter market in the upcoming decade. Leading manufacturers in the handheld laser distance meter market are focusing on adopting innovative promotion strategies to reach more construction companies that still rely on manual labor and traditional measurement tools.

Get Sample Copy With Impact Analysis Of COVID-19 Of Market Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=3066

Handheld Laser Distance Meter Market – Scope of Report:

A latest publication by Fact.MR on the global Handheld Laser Distance Meter market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Handheld Laser Distance Meter market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Handheld Laser Distance Meter supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Handheld Laser Distance Meter, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Positive Investment Flows to Expand Product Portfolio and Research & Development Initiatives of Stakeholders

A positive flow of investments from pharmaceutical giants is likely to propel the development of Handheld Laser Distance Meter and compounds. For instance, in year 2019, Ginkgo Bioworks, Inc. raised funds of more than US$$ 350 Mn through investments from several investors for the development of Handheld Laser Distance Meter. This has helped them increase production capacity.

Market leaders in Handheld Laser Distance Meter such as Noramco, Inc. CannBioRx Life Sciences, Hyasynth Biologicals, Inc. etc are developing Handheld Laser Distance Meter through novel techniques of synthesis. Moreover, these companies are shifting their focus on research and development of molecules through development of strains of microbes and yeast for biosynthesis of synthetic cannabinoid.

Get Customization on this Report for Specific Research Solutions:- https://www.factmr.com/connectus/sample?flag=RC&rep_id=3066

Report benefits & key questions answered

• Post covid consumer spending on Handheld Laser Distance Meter: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Handheld Laser Distance Meter demand outlook: the market intelligence study reports highlights the factor propelling the demand for Handheld Laser Distance Meter. As per the study, the demand for Handheld Laser Distance Meter will grow through 2029.
• Handheld Laser Distance Meter historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
• Handheld Laser Distance Meter consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

For in-depth competitive analysis, Buy Now – https://www.factmr.com/checkout/3066

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of fortune 1,000 companies trust us for making their most critical decisions. We have offices in us and dublin, whereas our global headquarter is in dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our usp is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com