Technological Advancements Fuel Growth in Construction Lasers Market: 3D Scanners Revolutionize Construction Accuracy

News provided by

Sep 22, 2023, 19:30 ET

DUBLIN, Sept. 22, 2023 /PRNewswire/ -- The "Construction Lasers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global construction lasers market achieved a size of US$2.4 billion in 2022, and it is projected to grow to US$3.1 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 3.5% during the period 2023-2028, according to a report by [Publisher Name].

Construction Lasers Enhancing Accuracy and Efficiency

Construction lasers, continuous laser beams used in various construction applications, are stimulating atoms or molecules to emit light at specific wavelengths.

They are crucial in plumbing walls, installing drop ceilings, aligning shelves, and checking land elevations. The construction lasers market is experiencing significant growth due to their ability to enhance accuracy, reduce human errors, and provide immediate information in construction projects.

Market Trends and Growth Drivers

The market is witnessing growth driven by several key trends:

Increasing Infrastructural Projects: A surge in infrastructural projects worldwide is boosting market growth. Construction lasers improve project accuracy and reduce errors, making them invaluable in the development of smart cities and high-quality constructed buildings.
Technological Advancements: Advancements like three-dimensional (3D) construction laser scanners are expediting task completion, improving quality control, and reducing reworks on construction sites.
Demand Among Contractors: Contractors and civil engineers are increasingly using construction lasers for manual procedures such as plumbing, squaring, and leveling.
Infrastructure Improvements: Governments worldwide are implementing initiatives to promote infrastructure development, which is positively affecting the market.

Key Market Segments

The report provides detailed analysis and forecasts for key market segments:

Product Types:

Rotary Level Laser
Liner Laser Level
Plumb and Dot Laser
Others

Range:

1-100ft
101-200ft
201ft and Above

Regions:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Competitive Landscape

The competitive landscape of the construction lasers market includes key players like AdirPro, Hilti Corporation, Johnson Level & Tool Manufacturing Co., Kapro Industries Ltd., PLS Pacific Laser Systems LLC, Robert Bosch Gmbh, Stabila Messgerate Gustav Ullrich GmbH, Stanley Black and Decker Inc., Topcon Corporation, and Trimble Inc.

Key Questions Answered

The report answers critical questions about the global construction lasers market:

How has the market performed and what are its future prospects?
What impact has COVID-19 had on the market?
What are the key regional markets?
What are the market's product and range segments?
What are the driving factors and challenges in the industry?
Who are the key players, and what is the competitive landscape?

For more information about this report visit https://www.researchandmarkets.com/r/k7wjqh

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets