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Handheld Laser Meter Market Report 2024 - Handheld Laser Meter Market Demand And Growth

10-22-2024 07:44 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Handheld Laser Meter Market

Handheld Laser Meter Market

"The Business Research Company recently released a comprehensive report on the Global Handheld Laser Meter Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
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According to The Business Research Company's, The handheld laser meter market size has grown strongly in recent years. It will grow from $4.42 billion in 2023 to $4.77 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased investment in research and development activities, increased use of laser sensors, rise in diverse industries, increased population, increased regulations and standards in industries.

The handheld laser meter market size is expected to see strong growth in the next few years. It will grow to $6.55 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing consumer demand, rising demand for precision in construction, increased focus on infrastructure development, growing real estate and interior design sectors, increasing energy-efficient solutions. Major trends in the forecast period include technological advancements in laser measurement, digitalization and integration with smart devices, collaboration with e-commerce platforms for increased market reach, integration of augmented reality (ar) for enhanced functionality, development of handheld laser distance meter products.

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https://www.thebusinessresearchcompany.com/report/handheld-laser-meter-global-market-report

Market Drivers and Trends:
The increasing spread of hospital-acquired infections (HAIs) is expected to propel the growth of the disinfection robot market going forward. Hospital-acquired infections refer to infections that patients acquire while receiving treatment in a healthcare facility, such as a hospital or clinic. The increasing number of hospital-acquired infections (HAIs) are occurring due to antibiotic resistance, inadequate infection control practices, overcrowding in healthcare facilities, and the presence of virulent pathogens in hospital environments. Disinfection robots aid in mitigating the risk of hospital-acquired infections (HAIs) by providing efficient and thorough sanitization of healthcare environments, enhancing patient safety, and reducing the incidence of healthcare-associated infections. For instance, in January 2024, according to the NHSN's HAI Progress Report published by the Centers for Disease Control and Prevention (CDC), a US-based public health agency, there was a 4% rise in the surgical site infection ratio (SIR) across all NHSN operative procedure categories compared to the previous year. Therefore, the increasing spread of hospital-acquired infections (HAIs) drives the disinfection robot market.

Major companies operating in handheld laser meters are developing innovative products such as compact laser distance meters to meet the growing demand for portable, high-precision measurement solutions across industries. Compact laser distance meters are valuable tools for professionals and DIY enthusiasts, offering convenience, accuracy, and versatility for various measurement tasks. For instance, in May 2024, Fluke Corp., a US-based company that manufactures handheld laser meters, launched the 417D, a compact laser distance meter. This meter provides instant distance measurements up to 131 feet (40 meters) with an accuracy of 0.08 inches to drive accuracy, extend measurement ranges, and improve user-friendliness, enabling the development of more precise, versatile, and efficient devices. This compact handheld device is used for indoor and outdoor settings with a powerful laser that guarantees precise tracking of targets, even in challenging locations or at considerable distances. Withstanding a one-meter drop and boasting an IP54 rating for dust and water resistance, the 417D laser distance meter proves ideal for demanding work environments.

Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:
Robert Bosch GmbH, Danaher Corporation, Stanley Black & Decker Inc., Hilti Corporation, Makita Corporation, Bosch Power Tools, Fluke Corporation, Teledyne FLIR LLC, Hexagon AB, Nikon Corporation, Trimble Inc., Topcon Corporation, Spectra Precision, Leica Geosystems AG, Faro Technologies Inc., Cole-Parmer India Pvt. Ltd., L.S. Starrett Company, Transact Inc., Zircon Corporation, Acro Enterprise, Mileseey Technology Co. Ltd., Precaster Enterprises Co. Ltd., Prexiso AG, Stabila Inc, Entek Engineering LLC

Handheld Laser Meter Market 2024 Key Insights:
• The handheld laser meter market size is expected to see strong growth in the next few years. It will grow to $6.55 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
• Handheld Laser Meter Market Poised For Growth Driven By Booming Construction And Real Estate Sectors
• Innovative Solutions In Laser Measurement Major Companies Transforming Handheld Laser Meter Market
• North America was the largest region in the handheld laser meter market in 2023

We Offer Customized Report, Click @
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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