According to a market report by Lucintel, the future of the global laser rangefinder market looks promising with opportunities in the military, construction, industrial, sport, and forestry applications. The global laser rangefinder market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 11.8% from 2024 to 2030.
The major drivers for this market are significant use of this device in sport events, rising demand for laser guided weapons, and increasing use of high-precise technology in industrial operations.
A more than 150 – page report is developed to understand trends, opportunity and forecast in laser rangefinder to 2030 by type (telescope laser rangefinders and hand-held laser rangefinders), application (military, construction, industrial, sports, forestry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, telescope and hand-held are the two types of laser rangefinder market used by various end use industries. Lucintel forecast that hand-held is expected to witness highest growth over the forecast period due to its versatility and broader applications in various fields, such as hunting, golfing, and outdoor activities.
Within this market, military is expected to witness highest growth over the forecast period due to increasing need for laser rangefinders in this sector to obtain precise target distance and navigational information.

North America is expected to witness highest growth over the forecast period due to growing application of laser rangefinders in various end use industries like military and construction sector of the region.

Vista Outdoor, Nikon, Elbit Systems, Zeiss, Hilti, Leica Camera, Mileseey, Bosch, Lti, and Fluke are the major suppliers in the laser rangefinder market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]