Global Laser Level Market By Type (Dot Laser Level , Line Laser Levels , Rotary Laser Levels , and Torpedo Laser Levels), By Application (Indoor , and Outdoor), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

Market.us announces the publication of its most recently generated research report titled, “Global Laser Level Market by Product Type (Dot Laser Levels, Line Laser Levels, Rotary Laser Levels, Distance Laser Meter, Torpedo Laser Levels), By Application (Indoor, and Outdoor), and by Region – Global Forecast to 2029”, which offers a holistic view of the global laser level market through systematic segmentation that covers every aspect of the target market.

The Global Laser Level Market is projected to be US$ 445.8 Mn in 2019 to reach US$ 699.6 Mn by 2028 at a CAGR of 4.6%.

A laser level is a control tool, which includes a laser beam projector that is attached to a tripod, on a wall, or at specific points in a room. It shoots a continuous laser beam at a level point to indicates a vertical and horizontal plane. This vertical and horizontal laser beam is used to produce precise level references for landscaping and construction projects. Laser level works perfectly for performing primary surveys, grading of the construction site, leveling floors, and installation of the ceiling.

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There are different types of laser levels in the market. Model and features largely depend on the kind of task (indoor and outdoor). The basic types of laser levels are dot laser levels, line laser levels, rotary laser levels, distance laser meter, and torpedo laser levels. The laser level system can be used both indoors and outdoors. Indoor applications include aligning walls, leveling floors, verifying the height of windows and doors, installing cabinets and shelves, or installation of wainscoting. Outdoor levels have several different advantages because they will help to perform many construction tasks. Some of these projects may include aligning masonry, figuring the elevation of the land for surveying, laying out grading and checking the level of the pillars or beams.

Laser technology is increasingly used in building and construction activities, surveys as well as excavation activities, reducing the frequency of human error significantly. The catastrophic events caused by construction failures are automatically decreased radically due to the reduction in errors. Therefore, in order to increase the accuracy, demand for laser levels has proliferated. Also, increasing dependence of contractors and civil engineers on laser levels for assistance in operations such as leveling and plumbing are having a positive impact on global market growth. Significant growth in the worldwide construction industry and rise in urbanization are some factors driving growth of the global laser level market, whereas some laser emits harmful rays, which can adversely affect health.

Geographically, the global laser level market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America market dominates the target market, owing to early adoption laser level in several industries such as consumer goods, automotive, healthcare, and others in this region. The strong presence of major companies and key market players that engaged in the manufacturing and marketing of such devices is driving growth of the North America laser level market over the review period.

Global Laser Level Market Revenue (US$ Mn), 2019–2029

Increasing construction activities along with infrastructure development projects have increased at a remarkable pace for resolving the issues related to accommodation that has emerged with the tremendous growth of the worldwide population. The necessity for the utilization of technologically advanced equipment for expediting the building construction process is inducing high demand for construction lasers, resulting in the significant expansion of the laser level market globally

There is increasing adoption of laser levels for different purposes, such as leveling, aligning, and other processes in the construction sector. Also, laser technology provides added advantages in areas such as pipe installation and excavation, which are giving a new way for growth of the target market. In modern cities, a land shortage is a common problem, which has led to the construction of complex buildings with unusual alignments that require precision during construction activities. Such complex measurements are done accurately using construction lasers

Global Laser Level Market Attractiveness Analysis by Product Type, 2013–2019

On the basis of product type, the market is segmented into dot laser levels, line laser levels, rotary laser levels, distance laser meter, and torpedo laser levels. Line laser accounts for the majority share in the global laser level market.

On the basis of region, the market is segmented into North America, Europe, APAC, South America, and MEA. North America accounts for the majority share in the global laser level market, followed by Europe.

The research report on the global laser level market includes profiles of some of the major companies such as Stanley Black and Decker, Fortive Corporation, Hilti Corporation, Hexagon AB, Trimble Inc, Robert Bosch GmbH, Stabila, Kapro Industries Ltd, Johnson Level and Tool Mfg. Co. Inc, Sola etc.

Key Market Segments:

Type

• Dot Laser Level
• Line Laser Levels
• Rotary Laser Levels
• Torpedo Laser Levels

Application

• Indoor
• Outdoor

Key Market Players included in the report:

• Stanley Black and Decker
• Fortive Corporation
• Hilti Corporation
• Hexagon AB
• Trimble Inc
• Robert Bosch GmbH
• Stabila
• Kapro Industries Ltd
• Johnson Level and Tool Mfg. Co. Inc
• Sola etc

For the Laser Level Market research study, the following years have been considered to estimate the market size: