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 Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Construction | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationConstruction 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
Using construction lasers can help reduce human mistakes in construction by providing accurate measurements. The growing population has increased the need for building and surveying equipment, which has boosted demand for construction lasers. Ongoing residential and commercial projects are expected to embrace construction lasers to enhance modern building designs. Due to rapid population growth and urbanization, the Asia Pacific region is likely to have the highest demand for construction lasers. Moreover, advancements in technology, such as remote control and automation, are fueling the growth of the construction laser market.
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 |
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Pitfalls & Challenges |
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What are the growth opportunities in this market?
Let's talk about construction lasers. They can really put a dent in your wallet, particularly for smaller crews and companies. It's not just the laser itself—you also have to think about the costs of getting it up and running, as well as keeping it running smoothly. Plus, these lasers aren't like your average tools—you need special training to handle them right. This can be a hurdle for smaller construction outfits who may not have the resources for fancy gadgets like these. And here's another snagnot enough folks in the construction field know about the wonders of construction lasers. This lack of buzz can make it tough for companies to drum up business. Oh, and did I mention the weather? Rain, fog, and extreme temperatures can wreak havoc on these lasers. And with all the other gadgets out there that can do similar jobs—like GPS and drones—manufacturers have their work cut out for them trying to make a splash in 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
In the world of construction lasers, the rotary level laser reigns supreme, raking in a cool 1.22 billion dollars in 2023. And guess what? By 2032, it's projected to shoot up to a staggering 1.86 billion dollars! Why the love for rotary level lasers? Let me count the waysThey're self-leveling masters, saving you the hassle of manual adjustments. They've got an integrated automation system that's like a magic wand for automating your tasks. Remote control? Oh yeah, they've got that too. So you can control them from a safe distance, making construction a breeze. They're user-friendly and easy to set up, even for construction newbies. So no more wasted time or frustration. They're like the Swiss Army knives of construction lasers, handling everything from aligning to plumbing, measuring to squaring. And here's the cherry on topthey're super accurate, which is a must-have for precise construction projects. They've got a longer working range than other laser types, making them perfect for large-scale projects. Basically, rotary level lasers are the MVPs of the construction world, streamlining your work, boosting productivity, and ensuring accuracy every step of the way.
Learn more about the key segments shaping this market
In the construction industry, laser levels with a range of 1 to 100 feet are highly popular. As of 2023, they make up around 42% of the market and are expected to grow to 44% by 2032. This is because they are used in a wide range of tasks, such as measuring distances, leveling floors, determining heights, aligning objects, plumbing walls, installing ceilings, laying out sites, and more. These laser levels are also affordable, easy to use, and meet the needs of most professionals. They can be used both indoors and outdoors for tasks such as interior layout, framing, and leveling. Plus, their compact and portable design makes them easy to carry from job site to job site. Another popular type of laser level is the rotary laser. These lasers emit a rotating beam that creates a 360-degree horizontal or vertical plane around the laser, which can be used to guide work over a wider area.
Looking for region specific data?
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
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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
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