Laser technology is used by handheld laser distance metres, which are portable devices that calculate the separation between two locations. The measurement tool is safe and simple to use because it doesn't require contact. Although they can be used for a wide range of different tasks, including DIY projects, home renovation, and landscaping, handheld laser distance metres are frequently employed in the construction industry for surveying purposes.

One major reason propelling the growth of the handheld laser distance metre market is the rising demand for digital measurement devices. The need for portable laser distance metres is rising globally as a result of the metrology field's increasing digitization and the growing need for precise measurements in a variety of applications, including the constructing and construction of highways. When compared to standard measuring tapes, a laser distance metre exhibits faster measurement results and greater accuracy across longer distances. Moreover, the laser distance metre features on-board computer power that enables triangulation, calculation, and easy distance measurement in addition to the capacity to compute area and volume. As a result, the demand for handheld digital measuring devices over tapes is rising globally due to the variety of capabilities they offer. Another significant element propelling the expansion of handheld laser distance metres worldwide is the expanding construction industry. The construction industry is expanding primarily as a result of an increase in global investment and the number of building projects undertaken, particularly in China, India, the United States, and Canada.

However, one of the main challenges preventing the market from growing is the high cost of handheld laser distance metres, despite the fact that they let consumers measure distances more accurately. Handheld laser distance metres are significantly more expensive than their counterparts, such as ultrasonic distance metres. Due to their expensive cost, customers choose to buy used portable laser distance metres. Given this trend, some manufacturers of handheld laser distance metres are providing competitively priced leasing options or pre-owned equipment for their brands.

Handheld laser metre sales were among the several industries that were significantly impacted by the Covid-19 epidemic. Many detrimental effects of the pandemic were felt by the handheld laser metre market. Production and delivery delays of essential components affected the manufacturing process and raised prices as a result of the supply chain disruptions brought on by industrial closures and transit restrictions. Additionally, the decline in laser metre demand was brought on by a decline in industrial activity and economic uncertainties, which cost maker money. Production schedule disruptions and possible product quality effects resulted from workforce problems such as remote work, labour shortages, and safety standards. Further impeding innovation and industrial progress was the pandemic's introduction of market uncertainty, which made it harder for businesses to plan investments.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Fluke Corporation, Hexagon AB, Hilti, Inc., Makita U.S.A., Inc., Nikon Corporation, Precaster Enterprises Co., Ltd., Prexiso AG, Robert Bosch GmbH, STABILA Measuring Instruments Gustav Ullrich GmbH, Stanley Black & Decker Inc., Trimble, Inc., Others.

By Range: Based on the Range, Global Handheld Laser Distance Meter Market is segmented as; Up to 30 Meters, 30 to 100 Meters, Above 100 Meters.

By Category: Based on the Category, Global Handheld Laser Distance Meter Market is segmented as; With Bluetooth, Without Bluetooth.

By End Use: Based on the End Use, Global Handheld Laser Distance Meter Market is segmented as; Building and Construction, Logistics, Metal and Mining, Military.

By Application: Based on the Application, Global Handheld Laser Distance Meter Market is segmented as; Distance Measurement, Level and Elevator Measuring, Position and Monitoring Objects, Security Applications Movement Detection.

By Distribution Channel: Based on the Distribution Channel, Global Handheld Laser Distance Meter Market is segmented as; Direct Sales, Indirect Sales.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.