img

Construction Laser Market Size - By Product (Rotary Level Laser, Line Laser Levels, Plumb/Dot Laser), By Operation (Manual-Leveling Lasers, Self-Leveling and Automatic-Leveling Lasers), By Application (Indoor, Outdoor), By Range (, Forecast 2024 – 2032


Published on: 2024-07-08 | No of Pages : 240 | Industry : Construction

Publisher : MRA | Format : PDF&Excel

Construction Laser Market Size - By Product (Rotary Level Laser, Line Laser Levels, Plumb/Dot Laser), By Operation (Manual-Leveling Lasers, Self-Leveling and Automatic-Leveling Lasers), By Application (Indoor, Outdoor), By Range (, Forecast 2024 – 2032

Construction Laser Market Size - By Product (Rotary Level Laser, Line Laser Levels, Plumb/Dot Laser), By Operation (Manual-Leveling Lasers, Self-Leveling and Automatic-Leveling Lasers), By Application (Indoor, Outdoor), By Range (, Forecast 2024 – 2032

Construction Laser Market Size

Construction Laser Market was valued at USD 2.7 billion in 2023 and is anticipated to register a CAGR of 4.4% during 2024 to 2032. Expansion in the construction industry, especially with infrastructure projects influences the business growth. Rapid urbanization creates demand for construction laser due to growing trend of smart homes and infrastructure developments, smart cities, adoption of digital construction technologies in construction engineering, simultaneously construction industries grow, so does the need for construction lasers create in the market.

To get key market trends

  Download Free Sample

Additionally, construction lasers minimize human errors in processes giving accurate measurement of content. There is a larger need for building and surveying equipment fueled by the rising population growth that has led to high demand for the construction laser. The ongoing residential and commercial projects will likely adopt the construction laser technology for modern design in their property. Asia Pacific is anticipated to witness comparatively high demand for construction lasers due to growing population and urbanization drive the construction laser demand. Thus, ongoing technological advancement in construction laser technology like remote control and automation have contributed to the market growth.

Construction Laser Market Report Attributes
Report Attribute Details
Base Year 2023
Construction Laser Market Size in 2023 USD 2.7 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 4.4%
2024 – 2032 Value Projection USD 4.11 Billion
Historical Data for 2021 – 2023
No. of Pages 224
Tables, Charts & Figures 212
Segments covered Product, Range, Operation, and Application
Growth Drivers
  • Growing demand for smart homes and buildings
  • Adoption of digital construction technologies
  • Increasing construction and infrastructure development
Pitfalls & Challenges
  • Lack of technical expertise and training
  • Limited adoption in small-scale projects

What are the growth opportunities in this market?

 Download Free Sample

Construction laser equipment can be expensive, especially for small companies or contractors because the high cost associated with the installation and maintenance of construction laser will pose challenges to market growth. Construction lasers require specialized skill and knowledge to operate effectively which can be challenging for small constructors to adopt such tech savvy users. There is limited awareness among many construction professionals about the benefits of constructions lasers which can hinder market growth. Environmental factors such as fog, rain, extreme temperature can affect the performance of construction laser. Moreover, there are numerous alternatives technologies such as GPD and drones entering business for tasks like surveying, site mapping, aligning, making it tough for manufacturer to break into the market.

Construction Laser Market Trends

Several regulations and government initiatives led construction engineers to use Construction Lasers that offer precise and superior accuracy in construction projects. The trend of automated construction lasers, integration of remote-control technology, reduced human intervention, continuous operation in construction industries boosted the market. The expansion of real-estate industry and has wider applications of construction laser including installing ceiling tiles, installing chair railings, installing receptacles, hanging pictures, installing sewer pipe propel the overall market growth.

Additionally, continuous innovation in construction laser technology such as self-leveling, automation, measuring efficiency drives the adoption of construction laser across construction and infrastructure projects. There is growing potential for developing multifunctional construction laser systems which will offer suite measurements from using a single device. The trend of utilization of construction laser in road construction for distance coverage, grading, monitoring barriers, tunnel alignment have fueled the market growth. Thus, the demand for construction laser continues to grow and fuels the expansion of the instrumentation market. Expanding construction activities and rising population boosted the demand for overall market growth.

Construction Laser Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

Based on product, the rotary level laser dominated the market, with revenue of USD 1.22 million in 2023 which is expected to exceed USD 1.86 billion by 2032. Rotary level lasers offer several features like self-leveling capabilities, integrated automation system, remote control options, user friendly, easy to set up and operate that reduces the learning curve for most construction workers without hindering work productivity. Rotary level lasers are used for various applications including aligning, plumbing, measuring, and squaring, making them versatile tools for the construction industry. Additionally, it offers superior accuracy, which is essential for construction industry projects. Rotary level laser has a longer working range compared to other construction laser types which allows them to be used in wider applications as well as various industries.

Learn more about the key segments shaping this market

 Download Free Sample

Based on range, the 1 ft. to 100 ft. segment accounted for a market share of about 42% in 2023 and is anticipated to reach market share of 44% by 2032, because they are use in wider applications efficiently such as distance measuring, leveling floors, height measuring, aligning, and plumbing walls, installing ceilings, installing chair rails and site layout etc. Additionally, this range of construction lasers are inexpensive as well as easily operable and meets the needs & requirements of most construction professionals. This range is commonly used in indoor and outdoor applications like interior layout, framing, leveling, etc. Thus, this range offers lasers with compact and portable which make them to easily transport to different job sites. Rotary lasers emit a rotating laser beam that forms a 360-degree horizontal or vertical plane around the laser.

Looking for region specific data?

 Download Free Sample

Asia Pacific construction laser market revenue to cross USD 921 million in 2023. Asia pacific, particularly the China, India, Japan known for its strong emphasis on technological innovation. Therefore, rising construction and manufacturing activities contribute to the region’s dominance in the market. Asia pacific has a large industrial base sectors like, construction, manufacturing, automotive and mining where laser is extensively used in these industries for various applications. Rise in Asia Pacific construction industry, fueled by population growth drives the high demand for construction laser and the overall market.

U.S. is likely to dominate in North America Construction Laser market with a growing CAGR of 7.8% during the forecast period. U.S. has strong industry base and well-established manufacturing capabilities to efficiently produce high quality construction laser with integrated technology at lower price. U.S. has diverse market and leader in research and development facilities including manufacturing technologies to stay ahead of competitors in the market.

Germany is likely to dominate in Europe Construction Laser market with a growing CAGR of 7.8% during the forecast period. Germany has strong industrial and manufacturing set ups ranging from automotive and aerospace to electronics and mining sectors. Germany has extensive global distribution networks and export their Construction Laser to markets around the world. Additionally, Germany possess skilled workforce and expertise in construction engineering makes them a larger contributor in the region’s market.

China is likely to dominate in Asia Pacific Construction Laser market with a growing CAGR of 9.2% during the forecast period. India is likely to witness fastest growth rate because of rapid urbanization, leading to increase in construction activities such as growing demand for smart homes and building, adoption if digital construction technologies. Additionally, Indian manufacturers have lower labor cost advantage, government initiates taken for construction and infrastructure development projects which boost the market growth in the region.

Construction Laser Market Share

These major key players are proactively involved in strategic endeavors such as new product line, business facility expansion, mergers & acquisitions, and partnerships to diversify their product offerings to expand their customer reach across the globe and solidify company market position. Collectively, the top five mentioned companies occupy share around 5% to 10% of the global market in 2023. They consistently allocate resources to research & development to enhance their products and integrate innovative technologies to maintain a competitive edge in the market.

Construction Laser Market Companies

Major players operating in the construction laser industry include

  • AdirPro
  • ADA Instruments
  • DotProduct
  • Hilti
  • Kapro Industries Ltd.
  • Laser Tools Co. Inc
  • Leica Geosystems AG
  • Makita
  • Pacific Laser Systems
  • Qualcomm
  • SOLA
  • Spectra Precision
  • STABILA
  • Stanley Black & Decker, Inc.
  • Topcon

Construction Laser Industry News

  • In October 2023, Topcon positioning systems launched the LN-50 3D laser. This new layout navigator offers streamline precision measurement. The range for this new laser is 50-meters, which is user friendly, self-leveling and cost effective.
  • In July 2023, Spectra Precision announced to launch its new line product spectra precision GL 1425C. This GL 1425C comes with dual grade, automatic self-leveling laser which is designed to tackle leveling, grading, and vertical alignment. This launch product can be used in even the toughest construction sites.
  • In May 2023, Trimble introduced Trimble X9 3D laser scanning systems, providing enhanced range, superior accuracy. X9 3D laser comes with advanced features including superior scanning results, which can be challenging during dark or reflective sites.
  • In April 2023, Fluor corporation announced its business expansion by signing a Memorandum of understanding (MOU) with Longview Fusion Energy Systems, Inc. to serve as its engineering and construction partner in design.

This construction laser market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) and volume (Million Units) from 2021 to 2032, for the following segments

Click here to Buy Section of this Report

Market, By Product

  • Rotary Level Laser
  • Line Laser Levels
  • Plumb/Dot Laser

Market, By Range

  • 1 ft. to 100 ft.
  • 101 ft. to 200 ft.
  • 201 ft. to Above

Market, By Operation

  • Manual-Leveling Lasers
  • Self-Leveling and Automatic-Leveling Lasers

Market, By Application

  • Indoor
    • Distance Measuring
    • Floor Leveling
    • Height Measuring
    • Aligning
  • Outdoor
    • Plumbing
    • Surveying
    • Elevation Measurements
    • Site Layout

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific

    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia    
    • Indonesia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
       

 

Table of Content

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2   Research design

1.2.1    Research approach

1.2.2    Data collection methods

1.3   Base estimates & calculations

1.3.1    Base year calculation

1.3.2    Key trends for market estimation

1.4   Forecast model

1.5   Primary research and validation

1.5.1    Primary sources

1.5.2    Data mining sources

Chapter 2   Executive Summary

2.1   Industry 360-degree synopsis, 2021 - 2032

Chapter 3   Industry Insights

3.1   Industry ecosystem analysis

3.1.1    Factor affecting the value chain

3.1.2    Profit margin analysis

3.1.3    Disruptions

3.1.4    Future outlook

3.1.5    Manufacturers

3.1.6    Distributors

3.2   Technology advancement analysis

3.3   Regulatory landscape

3.4   Impact forces

3.4.1   Growth drivers

3.4.1.1    Growing demand for smart homes and buildings

3.4.1.2    Adoption of digital construction technologies

3.4.1.3    Increasing construction and infrastructure development

3.4.2   Industry pitfalls & challenges

3.4.2.1    Lack of technical expertise and training

3.4.2.2    Limited adoption in small-scale projects

3.5   Growth potential analysis

3.6   Porter’s analysis

3.7   PESTEL analysis

Chapter 4   Competitive Landscape, 2023

4.1   Introduction

4.2   Company market share, 2023

4.3   Competitive analysis of major market players, 2023

4.4   Competitive positioning matrix, 2023

4.5   Strategic outlook matrix, 2023

Chapter 5   Market Estimates & Forecast, By Product, 2021 - 2032, (USD Million; Million Units)

5.1    Key trends

5.2   Rotary level laser

5.3   Line laser levels

5.4   Plumb/Dot laser

Chapter 6   Market Estimates & Forecast, By Range, 2021 - 2032, (USD Million; Million Units)

6.1    Key trends

6.2. 1ft. to 100 ft.

6.3. 101ft. to 200 ft.

6.4. 201ft. to Above

Chapter 7   Market Estimates & Forecast, By Operation, 2021 - 2032, (USD Million; Million Units)

7.1    Key trends

7.1.1    Manual-Leveling lasers

7.1.2    Self-Leveling and Automatic-Leveling lasers

Chapter 8   Market Estimates & Forecast, By Application, 2021 - 2032, (USD Million; Million Units)

8.1    Key trends

8.2   Indoor

8.2.1    Distance measuring

8.2.2    Floor leveling

8.2.3    Height measuring

8.2.4    Aligning

8.3   Outdoor

8.3.1    Plumbing

8.3.2    Surveying

8.3.3    Elevation measurements

8.3.4    Site layout

Chapter 9   Market Estimates & Forecast, By Region, 2021 - 2032, (USD Million; Million Units)

9.1   Key trends

9.2   North America

9.2.1   U.S.

9.2.2   Canada

9.3   Europe

9.3.1   UK

9.3.2   Germany

9.3.3   France

9.3.4   Italy

9.3.5   Spain

9.3.6   Rest of Europe

9.4   Asia Pacific

9.4.1   China

9.4.2   India

9.4.3   Japan

9.4.4   South Korea

9.4.5   Australia

9.4.6   Malaysia

9.4.7   Indonesia

9.4.8   Rest of Asia Pacific

9.5   Latin America

9.5.1   Brazil

9.5.2   Mexico

9.5.3   Rest of Latin America

9.6   MEA

9.6.1   Saudi Arabia

9.6.2   UAE

9.6.3   South Africa

9.6.4   Rest of MEA

Chapter 10   Company Profiles

10.1    AdirPro

10.2    ADA Instruments

10.3    DotProduct

10.4    Hilti

10.5    Kapro Industries Ltd.

10.6    Laser Tools Co. Inc

10.7    Leica Geosystems AG

10.8    Makita

10.9    Pacific Laser Systems

10.10    Qualcomm

10.11    SOLA

10.12    Spectra Precision

10.13    STABILA

10.14    Stanley Black & Decker, Inc.

10.15    Topcon

  • AdirPro
  • ADA Instruments
  • DotProduct
  • Hilti
  • Kapro Industries Ltd.
  • Laser Tools Co. Inc
  • Leica Geosystems AG
  • Makita
  • Pacific Laser Systems
  • Qualcomm
  • SOLA
  • Spectra Precision
  • STABILA
  • Stanley Black & Decker, Inc.
  • Topcon

 

Table of Content

Will be Available in the sample /Final Report. Please ask our sales Team.
Will be Available in the sample /Final Report. Please ask our sales Team.