Global Rangefinder Market by Type (Laser, Ultrasonic), Range, End Use (Defense, Commercial, Sports), Application (Virtual Reality, Forestry, Ballistics), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

  • Publish Date: Mar, 2019
  • Report ID: 376015
  • Category: Equipment
  • Pages: 0
$4,700

Global rangefinder market is expected to reach USD 4,918.14 Million by 2025, at a CAGR of 12.56% from 2018 to 2025. The key contributing factor for the market growth is cumulative demand for high-precision equipment in industrial processes, improved accuracy in sports activities with the use of rangefinders, and the use of rangefinders in defense systems.

Market Overview:

A rangefinder is a device used to measures distance from the observer to a target with the help of a camera or gun. Rangefinder a handheld device used in several situations where the range detection is the vital part, for example, golf, archery as well as hunting applications need to measure the distance between themselves and the target. For instance, Saab launched Vidar, a laser rangefinder product. This product combines compact size with powerful performance and uses a laser beam to measure the distance to the target.

Report Description:

  • The base year for the study has been considered 2017, the historic year 2015 and 2016, the forecast period considered is from 2018 to 2025.
  • The report provides the key data of Production (‘000 Units), Consumption (‘000 Units), Import & Export (‘000 Units), Demand, Supply, and Gap Analysis to understand the present and future scenario of the market.
  • The study delivers a comprehensive analysis of the global rangefinder market by type, range, end use, application, and regions.
  • The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
  • Porter’s Five Forces model is used to recognize the competitive scenario in the global rangefinder market. This report incorporates the industry analysis which is focused on providing an extensive view of the rangefinder market.
  • The study also includes attractiveness analysis of type, range, end use, application, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the rangefinder market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics: 

Drivers:

  • Cumulative demand for high-precision equipment in industrial processes
  • Improved accuracy in sports activities with the use of rangefinders
  • Use of rangefinders in defense systems

Restraints:

  • Decreasing defense expenditure of several developed countries

Opportunities:

  • Autonomous cars using rangefinders

Challenges:

  • Rangefinder technology cost
  • The increasing use of radars instead of rangefinders

Global Rangefinder Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.

Segmentation Analysis:

The rangefinder market is segmented by type, range, end use, and application.

  • Type segment covers laser and ultrasonic. The laser segment valued around USD 987.73 Million in 2017. This is increasing share due to the increased use of rangefinders in commercial applications.
  • Range segment includes <50 m, 50 m-500 m, 500 m-2.5 km, and >2.5 km. The <50 m segment dominated the global and market with USD 568.88 million in 2017 as it is extensively used in sports and commercial applications.
  • End-use segment is categorized into defense, commercial, and sports. The defense segment is further divided into airborne, marine, and ground-based. The airborne segment further includes aircraft, missile, and unmanned aerial vehicles (UAVs). The marine segment further covers ships and submarines. The ground-based segment is categorized into tanks, handheld, and unmanned ground vehicles (UGVs). Commercial segment is further divided into automotive, construction, industrial robotics, and photography. Sports segment is further categorized into golf, archery, and shooting. The defense segment held the highest market share of 41.18% over the forecast period. This is attributable due to the increasing demand for precise and accurate information about the distance to the target in various platforms including airborne, marine, and ground defense.
  • Application segment is divided into virtual reality, forestry, and ballistics. Virtual reality segment is anticipated to grow with the highest CAGR 13.82% during the forecast period. The virtual reality helps in detection and identifying the rapid operator movements that further help in locating different types of objects.

Regional Segmentation Analysis:

The market is analyzed by five regions namely North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America region held the largest market share of approximately 36.11% in 2017 where as the Europe region held the second dominant position in the global rangefinder market.

  • Increasing demand for rangefinders, the presence of major players, and rapid technological advancements are some of the factors that led to the growth of the rangefinder market in the North America region.
  • The rapid modernization and rise in defense equipment upgrades by governments have increased the market growth of Europe in the global rangefinder market.

Global Rangefinder Market Competitive Analysis:

Key players in the rangefinder market are Thales Group, Kongsberg Gruppen, Northrop Grumman Corporation, Pepperl+Fuchs, Carl Zeiss AG, Pentax, Saab Group, Rheinmetall Group, Robert Bosch GmbH, Safran Vectronix AG, Chongqing Aite Optical And Electronics Co., Ltd, FLIR Systems, Inc., Newcon International Ltd., Elbit Systems Ltd., Lockheed Martin Corporation, and among others. The Elbit Systems Ltd., Kongsberg Gruppen ASA, Lockheed Martin Corporation, Saab, and Thales Group are the top leading players of the market. For instance, TerraGo partnered with and Laser Technology to integrate industry-leading rangefinders with advanced field data collection apps. TerraGo Magic partners and customers can have TruPulse rangefinder support to their custom iOS and Android apps using the TerraGo Magic zero-code app platform.

This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global rangefinder market on the basis of below mentioned segments:

Global Rangefinder Market, By Type:

  • Laser
  • Ultrasonic

Global Rangefinder Market, By End Use:

  • Defense
    • Airborne
      • Aircraft
      • Missile
      • Unmanned Aerial Vehicles (UAVs)
    • Marine
      • Ships
      • Submarines
    • Ground-based
      • Tanks
      • Handheld
      • Unmanned Ground Vehicles (UGVs)
  • Commercial
    • Automotive
    • Construction
    • Industrial Robotics
    • Photography
  • Sports
    • Golf
    • Archery
    • Shooting

Global Rangefinder Market, By Range:

  • <50 m
  • 50 m-500 m
  • 500 m-2.5 km
  • >2.5 km

Global Rangefinder Market, By Regions:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherlands
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of The Middle East and Africa

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1. Introduction
   1.1. Objectives of the Study
   1.2. Market Definition
   1.3. Research Scope
   1.4. Currency

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
   4.1. Porter’s Five Forces Analysis
   4.2. Value Chain Analysis
   4.3. Top Investment Pockets
        4.3.1. Market Attractiveness Analysis By Type
        4.3.2. Market Attractiveness Analysis By End Use
        4.3.3. Market Attractiveness Analysis By Range
        4.3.4. Market Attractiveness Analysis By Region
   4.4. Industry Trends

5. Market Dynamics
   5.1. Market Evaluation
   5.2. Drivers
        5.2.1. Cumulative Demand For High-Precision Equipment In Industrial Processes
        5.2.2. Improved Accuracy In Sports Activities With The Use Of Rangefinders
        5.2.3. Use Of Rangefinders In Defense Systems
   5.3. Restraints
        5.3.1. Decreasing Defense Expenditure Of Several Developed Countries
   5.4. Opportunities
        5.4.1. Autonomous Cars Using Rangefinders
   5.5. Challenges
        5.5.1. Rangefinder Technology Cost
        5.5.2. Increasing Use Of Radars Instead Of Rangefinders

6. Global Rangefinder Market Analysis and Forecast, By Type
   6.1. Segment Overview
   6.2. Laser
   6.3. Ultrasonic

7. Global Rangefinder Market Analysis and Forecast, By End Use
   7.1. Segment Overview
   7.2. Defense
        7.2.1. Airborne
               7.2.1.1. Aircraft
               7.2.1.2. Missile
               7.2.1.3. Unmanned Aerial Vehicles (UAVs)
        7.2.2. Marine
               7.2.2.1. Ships
               7.2.2.2. Submarines
        7.2.3. Ground-based
               7.2.3.1. Tanks
               7.2.3.2. Handheld
               7.2.3.3. Unmanned Ground Vehicles (UGVs)
   7.3. Commercial
        7.3.1. Automotive
        7.3.2. Construction
        7.3.3. Industrial Robotics
        7.3.4. Photography
   7.4. Sports
        7.4.1. Golf
        7.4.2. Archery
        7.4.3. Shooting

8. Global Rangefinder Market Analysis and Forecast, By Range
   8.1. Segment Overview
   8.2. <50 m
   8.3. 50 m-500 m
   8.4. 500 m-2.5 km
   8.5. >2.5 km

9. Global Rangefinder Market Analysis and Forecast, By Regional Analysis
   9.1. Segment Overview
   9.2. North America
        9.2.1. U.S.
        9.2.2. Canada
        9.2.3. Mexico
   9.3. Europe
        9.3.1. Germany
        9.3.2. France
        9.3.3. Sweden
        9.3.4. Netherlands
        9.3.5. U.K.
        9.3.6. Italy
        9.3.7. Spain
        9.3.8. Turkey
        9.3.9. Switzerland
        9.3.10. Belgium
        9.3.11. Rest of Europe
   9.4. Asia-Pacific
        9.4.1. Japan
        9.4.2. China
        9.4.3. India
        9.4.4. South Korea
        9.4.5. Australia
        9.4.6. Singapore
        9.4.7. Malaysia
        9.4.8. Thailand
        9.4.9. Indonesia
        9.4.10. Philippines
        9.4.11. Rest of Asia-Pacific
   9.5. South America
        9.5.1. Brazil
        9.5.2. Argentina
        9.5.3. Colombia
        9.5.4. Rest of South America
   9.6. Middle East and Africa
        9.6.1. Saudi Arabia
        9.6.2. UAE
        9.6.3. Egypt
        9.6.4. Nigeria
        9.6.5. South Africa
        9.6.6. Rest of  Middle East and Africa

10. Global Rangefinder Market-Competitive Landscape
   10.1. Overview
   10.2. Market Share of Key Players in the Rangefinder Market
        10.2.1. Global Company Market Share
        10.2.2. North America Company Market Share
        10.2.3. Europe Company Market Share
        10.2.4. APAC Company Market Share
   10.3. Competitive Situations and Trends
        10.3.1. Product Launches and Developments
        10.3.2. Partnerships, Collaborations, and Agreements
        10.3.3. Mergers & Acquisitions
        10.3.4. Expansions

11. Company Profiles
   11.1. Thales Group
        11.1.1. Business Overview
        11.1.2. Company Snapshot
        11.1.3. Company Market Share Analysis
        11.1.4. Company Product Portfolio
        11.1.5. Recent Developments
        11.1.6. SWOT Analysis
   11.2. Kongsberg Gruppen
        11.2.1. Business Overview
        11.2.2. Company Snapshot
        11.2.3. Company Market Share Analysis
        11.2.4. Company Product Portfolio
        11.2.5. Recent Developments
        11.2.6. SWOT Analysis
   11.3. Northrop Grumman Corporation
        11.3.1. Business Overview
        11.3.2. Company Snapshot
        11.3.3. Company Market Share Analysis
        11.3.4. Company Product Portfolio
        11.3.5. Recent Developments
        11.3.6. SWOT Analysis
   11.4. Pepperl+Fuchs
        11.4.1. Business Overview
        11.4.2. Company Snapshot
        11.4.3. Company Market Share Analysis
        11.4.4. Company Product Portfolio
        11.4.5. Recent Developments
        11.4.6. SWOT Analysis
   11.5. Carl Zeiss AG
        11.5.1. Business Overview
        11.5.2. Company Snapshot
        11.5.3. Company Market Share Analysis
        11.5.4. Company Product Portfolio
        11.5.5. Recent Developments
        11.5.6. SWOT Analysis
   11.6. Pentax
        11.6.1. Business Overview
        11.6.2. Company Snapshot
        11.6.3. Company Market Share Analysis
        11.6.4. Company Product Portfolio
        11.6.5. Recent Developments
        11.6.6. SWOT Analysis
   11.7. Saab Group
        11.7.1. Business Overview
        11.7.2. Company Snapshot
        11.7.3. Company Market Share Analysis
        11.7.4. Company Product Portfolio
        11.7.5. Recent Developments
        11.7.6. SWOT Analysis
   11.8. Rheinmetall Group
        11.8.1. Business Overview
        11.8.2. Company Snapshot
        11.8.3. Company Market Share Analysis
        11.8.4. Company Product Portfolio
        11.8.5. Recent Developments
        11.8.6. SWOT Analysis
   11.9. Robert Bosch GmbH
        11.9.1. Business Overview
        11.9.2. Company Snapshot
        11.9.3. Company Market Share Analysis
        11.9.4. Company Product Portfolio
        11.9.5. Recent Developments
        11.9.6. SWOT Analysis
   11.10. Safran Vectronix AG
        11.10.1. Business Overview
        11.10.2. Company Snapshot
        11.10.3. Company Market Share Analysis
        11.10.4. Company Product Portfolio
        11.10.5. Recent Developments
        11.10.6. SWOT Analysis
   11.11. Chongqing Aite Optical And Electronics Co., Ltd
        11.11.1. Business Overview
        11.11.2. Company Snapshot
        11.11.3. Company Market Share Analysis
        11.11.4. Company Product Portfolio
        11.11.5. Recent Developments
        11.11.6. SWOT Analysis
   11.12. FLIR Systems, Inc.
        11.12.1. Business Overview
        11.12.2. Company Snapshot
        11.12.3. Company Market Share Analysis
        11.12.4. Company Product Portfolio
        11.12.5. Recent Developments
        11.12.6. SWOT Analysis
   11.13. Newcon International Ltd.
        11.13.1. Business Overview
        11.13.2. Company Snapshot
        11.13.3. Company Market Share Analysis
        11.13.4. Company Product Portfolio
        11.13.5. Recent Developments
        11.13.6. SWOT Analysis
   11.14. Elbit Systems Ltd.
        11.14.1. Business Overview
        11.14.2. Company Snapshot
        11.14.3. Company Market Share Analysis
        11.14.4. Company Product Portfolio
        11.14.5. Recent Developments
        11.14.6. SWOT Analysis
   11.15. Lockheed Martin Corporation
        11.15.1. Business Overview
        11.15.2. Company Snapshot
        11.15.3. Company Market Share Analysis
        11.15.4. Company Product Portfolio
        11.15.5. Recent Developments
        11.15.6. SWOT Analysis


List of Table
1. Global Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units)  
2. Global Laser Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
3. Global Ultrasonic Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
4. Global Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units)
5. Global Rangefinder Market, By Defense, 2015–2025 (USD Million) (Thousand Units)
6. Global Rangefinder Market, By Airborne, 2015–2025 (USD Million) (Thousand Units)
7. Global Aircraft Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
8. Global Missile Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
9. Global Unmanned Aerial Vehicles (UAVs) Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
10. Global Rangefinder Market, By Marine, 2015–2025 (USD Million) (Thousand Units)
11. Global Ships Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
12. Global Submarines Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
13. Global Rangefinder Market, By Ground-based, 2015–2025 (USD Million) (Thousand Units)
14. Global Tanks Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
15. Global Handheld Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
16. Global Unmanned Ground Vehicles (UGVs) Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
17. Global Rangefinder Market, By Commercial, 2015–2025 (USD Million) (Thousand Units)
18. Global Automotive Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
19. Global Construction Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
20. Global Industrial Robotics Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
21. Global Photography Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
22. Global Rangefinder Market, By Sports, 2015–2025 (USD Million) (Thousand Units)
23. Global Golf Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
24. Global Archery Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
25. Global Shooting Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units)
26. Global Rangefinder Market, By Region, 2015–2025 (USD Million) (Thousand Units) 
27. Global Rangefinder Market, By North America, 2015–2025 (USD Million) (Thousand Units) 
28. North America Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
29. North America Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
30. North America Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
31. U.S. Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
32. U.S. Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
33. U.S. Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
34. Canada Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
35. Canada Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
36. Canada Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
37. Mexico Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
38. Mexico Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
39. Mexico Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
40. Europe Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
41. Europe Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
42. Europe Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
43. Germany Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
44. Germany Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
45. Germany Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
46. France Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
47. France Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
48. France Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
49. Sweden Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
50. Sweden Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
51. Sweden Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
52. Netherlands Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
53. Netherlands Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
54. Netherlands Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
55. U.K. Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
56. U.K. Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
57. U.K. Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
58. Italy Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
59. Italy Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
60. Italy Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
61. Spain Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
62. Spain Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
63. Spain Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
64. Turkey Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
65. Turkey Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
66. Turkey Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
67. Switzerland Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
68. Switzerland Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
69. Switzerland Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
70. Belgium Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
71. Belgium Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
72. Belgium Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
73. Asia Pacific Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
74. Asia Pacific Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
75. Asia Pacific Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
76. Japan Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
77. Japan Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
78. Japan Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
79. China Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
80. China Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
81. China Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
82. India Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
83. India Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
84. India Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
85. South Korea Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
86. South Korea Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
87. South Korea Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
88. Australia Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
89. Australia Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
90. Australia Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
91. Singapore Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
92. Singapore Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
93. Singapore Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
94. Malaysia Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
95. Malaysia Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
96. Malaysia Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
97. Thailand Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
98. Thailand Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
99. Thailand Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
100. Indonesia Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
101. Indonesia Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
102. Indonesia Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
103. Philippines Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
104. Philippines Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
105. Philippines Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
106. South America Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
107. South America Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
108. South America Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
109. Brazil Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
110. Brazil Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
111. Brazil Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
112. Argentina Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
113. Argentina Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
114. Argentina Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
115. Colombia Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
116. Colombia Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
117. Colombia Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
118. Middle East and Africa Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
119. Middle East and Africa Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
120. Middle East and Africa Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
121. Saudi Arabia Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
122. Saudi Arabia Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
123. Saudi Arabia Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
124. UAE Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
125. UAE Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
126. UAE Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
127. Egypt Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
128. Egypt Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
129. Egypt Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
130. Nigeria Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
131. Nigeria Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
132. Nigeria Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 
133. South Africa Rangefinder Market, By Type, 2015–2025 (USD Million) (Thousand Units) 
134. South Africa Rangefinder Market, By End Use, 2015–2025 (USD Million) (Thousand Units) 
135. South Africa Rangefinder Market, By Range, 2015–2025 (USD Million) (Thousand Units) 

List of Figures 
1. Global Rangefinder Market Segmentation
2. Rangefinder Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis 
7. Value Chain Analysis 
8. Global Rangefinder Market Attractiveness Analysis By Type
9. Global Rangefinder Market Attractiveness Analysis By End Use
10. Global Rangefinder Market Attractiveness Analysis By Range
11. Global Rangefinder Market Attractiveness Analysis By Region
12. Global Rangefinder Machine Market: Dynamics
13. Global Rangefinder Machine Market Share By Type (2017 & 2025)
14. Global Rangefinder Machine Market Share By End Use (2017 & 2025)
15. Global Rangefinder Machine Market Share By Range (2017 & 2025)
16. Global Rangefinder Machine Market Share By Region (2017 & 2025)
17. Global Rangefinder Machine Market Share By Company (2018)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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