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Rangefinder Market, by Type (Ultrasonic, Laser), End-use (Defense, Commercial, Sports), Range (Very Low (<50 m), Low (50 m to 500 m), Medium (500 m to 2.5 km), High (>2.5 km) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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A rangefinder is a device which is used to measure distance from the observer to the target. It is a type of high-precision equipment mostly used by the defense and security agencies. Recently, rangefinders are being used for commercial purposes such as in industrial automation processes and in sports. It provides highly accurate and reliable information to its user. Rangefinders are used most extensively by all defense agencies, be it airborne, naval, or ground platforms. This report studies the current and future aspects of rangefinder market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the rangefinder market. The scope of this report covers the rangefinder market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The rangefinder market is growing at a rapid pace worldwide during the forecasted period because of increase in demand for precise and accurate information regarding the distance of the target. Military assignments require precision and timely information, to ensure flawless execution.
  • Low range rangefinders are used in some sports such as shooting and golf. In addition, some of the industrial automation processes also require assistance of rangefinders. This is contributing towards the growth of the rangefinders market.
  • However, limited funding from government is hampering the market growth. In addition, lack of trained professionals is also acting as a major restraining factor for the growth of rangefinders market.

The global rangefinder market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor of the rangefinder market. The region shall continue to grow at a rapid pace during the forecasted period because of ever-increasing demand for rangefinders in countries like U.S and Canada. Next in line is Europe and Asia Pacific region which is witnessing a fast-paced growth because of rapid modernization in defense equipment. Also, Government, defense, and other security agencies are investing in upgrading the existing equipment, which is boosting the market growth further.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s rangefinder market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the rangefinder market by the following segments:

  • Rangefinder Market, by Type
    • Laser
    • Ultrasonic
  • Rangefinder Market, by End-use
    • Defense
    • Commercial
    • Sports
  • Rangefinder Market, by Range
    • Very Low (<50 m)
    • Low (50 m to 500 m)
    • Medium (500 m to 2.5 km)
    • High (>2.5 km)

KEY MARKET PLAYERS

Key players in the rangefinder market include:

  • Thales Group
  • Elbit Systems Ltd.
  • Saab Ab
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Robert Bosch GmbH
  • Flir Systems, Inc.
  • Rheinmetall AG
  • Kongsberg Gruppen Asa
  • Carl Zeiss AG

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. RANGEFINDER MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. Laser
      2. Ultrasonic
  6. RANGEFINDER MARKET, BY END-USE
    1. Segment Share
    2. By End-use
      1. Defense
      2. Commercial
      3. Sports
  7. RANGEFINDER MARKET, BY RANGE
    1. Segment Share
    2. By Range
      1. Very Low (<50 m)
      2. Low (50 m to 500 m)
      3. Medium (500 m to 2.5 km)
      4. High (>2.5 km)
  8. RANGEFINDER MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By End-use
      4. By Range
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By End-use
      4. By Range
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By End-use
      4. By Range
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By End-use
      4. By Range
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By End-use
      4. By Range
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. Thales Group
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Elbit Systems Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Saab Ab
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Lockheed Martin Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Northrop Grumman Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Robert Bosch GmbH
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Flir Systems, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Rheinmetall AG
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Kongsberg Gruppen Asa
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. Carl Zeiss AG
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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