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)) and Region - Global Forecast to 2022

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Date: 04-Aug-2017
No. of pages: 130
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The rangefinder market projected to grow at a CAGR of 21.91% during the forecast period

The rangefinder market is projected to grow from an estimated USD 1.32 billion in 2017 to USD 3.57 billion by 2022, at a CAGR of 21.91% from 2017 to 2022. The factors expected to drive the market in the coming years are increased focus on the modernization of the defense equipment by various countries and rise in the demand for rangefinders for accuracy in sports activities.

Based on type, the laser segment is estimated to be a larger segment of the market during the forecast period

Based on type, the laser segment is estimated to be a larger segment of the rangefinder market during the forecast period. The growth of the laser segment can be attributed to the rising need for accurate and precise information about an object from long distances. The reduction in the price of laser rangefinders, owing to advancements in semiconductor technology is expected to further fuel the growth of the segment.

Based on end use, the commercial segment is expected to be the largest segment of the market during the forecast period

Based on end use, the commercial segment is estimated to be the largest segment of the rangefinder market during the forecast period. One of the key factors expected to propel the demand for rangefinders in the commercial sector is the increasing adoption of automation in the automotive, process industry and construction industries.

Based on range, the very low (<50 m) segment is estimated to be the largest segment of the market during the forecast period

Based on range, the very low (<50 m) segment is estimated to be the largest segment of the rangefinder market during the forecast period. The growth of the segment can be attributed to the rapid adoption of very low range rangefinders in various platforms, such as unmanned ground vehicles.

Asia Pacific is projected to be the fastest-growing market for rangefinders during the forecast period Asia Pacific is expected to be the fastest-growing market for rangefinders during the forecast period. The growth of the market can be attributed to the increased military expenditure and rise in automation in various industrial processes, particularly in the Asian economies of India and China.

Break-up of the profile of primary participants for this report:


  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%

  • By Designation: C level – 35%, Director level – 25%, Others – 40%

  • By Region: North America –26%, Europe – 30%, Asia-Pacific – 22%, South America – 13% and the Middle East and Africa - 9%


Some of the key players operating in the rangefinder market include Elbit Systems Ltd. (Israel), Kongsberg Gruppen ASA (Norway), Lockheed Martin Corporation (US), Saab AB (Sweden), and Thales Group (France).

Research Coverage

The study segments the rangefinder market based on end use (defense, commercial and sports), type (laser, ultrasonic), and range (very low (<50 m), low (50 m to 500 m), medium (500 m to 2.5 km), and high (>2.5 km)) and maps these segments and subsegments across major regions, including, North America, Europe, Asia Pacific, and Rest of the World. The report provides in-depth market intelligence regarding the market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges, that influence the growth of the range finder market. The report also analyzes micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall rangefinder market.

Reasons to buy the report:

From an insight perspective, the rangefinder market report focuses on various levels of analyses — industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries, and their respective regulatory policies, drivers, restraints, and opportunities.

The rangefinder market report provides insights on the following pointers:


  • Market Penetration: Comprehensive information regarding the competitive landscape in the rangefinder market

  • Market Size: Market size in the financial year 2015-2016 and projection of the market size between 2017and 2022

  • Product Development/Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the rangefinder market

  • Market Overview: Market dynamics and subsequent analysis of associated trends, drivers, restraints, and opportunities prevailing in the rangefinder market

  • Market Development: Comprehensive information about lucrative markets by analyzing markets for rangefinder across various regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the rangefinder market

  • Regional Analysis: Factors influencing the market shares in North America, Europe, Asia-Pacific, and Rest of the World

  • Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading market players.

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)) and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Increase in Military Expenditure of Emerging Countries
2.2.2.2 Global Militarization Index of Several Countries Across the Globe
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Rangefinder Market
4.2 Rangefinder Market, By End Use
4.3 Rangefinder Market, By Type
4.4 Rangefinder Market, By Range
4.5 Commercial End Use Segment, By Application
4.6 Asia Pacific and Europe Rangefinder Market
4.7 Rangefinder Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By End Use
5.2.2 By Type
5.2.3 By Range
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Demand for High-Precision Equipment in Industrial Processes
5.3.1.2 Enhanced Accuracy in Sports Activities With the Use of Rangefinders
5.3.1.3 Advancements in Defense Systems With the Use of Rangefinders
5.3.2 Restraints
5.3.2.1 Decline in the Defense Expenditure of Several Developed Countries
5.3.3 Opportunities
5.3.3.1 Use of Rangefinders in Autonomous Cars
5.3.4 Challenges
5.3.4.1 High Cost of the Rangefinder Technology
5.3.4.2 Extensive Use of Radars Instead of Rangefinders for Ranging

6 Industry Trends
6.1 Introduction
6.2 Value Chain
6.3 Supply Chain
6.4 Emerging Trends
6.4.1 Hybrid Rangefinders
6.4.2 Eye-Safe Laser Rangefinder
6.4.3 Targeting Pod
6.4.4 Lidar (Light Detection and Ranging) Rangefinder for Self-Driving Cars
6.5 Patent/Patent Applications

7 Rangefinder Market, By Type
7.1 Introduction
7.2 Laser
7.3 Ultrasonic

8 Rangefinder Market, By End Use
8.1 Introduction
8.2 Commercial
8.2.1 Industrial Robotics
8.2.2 Construction
8.2.3 Automotive
8.2.4 Photography
8.3 Defense
8.3.1 Ground-Based
8.3.1.1 Hand-Held
8.3.1.2 Tanks
8.3.1.3 Unmanned Ground Vehicles (UGVs)
8.3.2 Airborne
8.3.2.1 Aircraft
8.3.2.2 Missiles
8.3.2.3 Unmanned Aerial Vehicles (UAVs)
8.3.3 Marine
8.3.3.1 Ships
8.3.3.2 Submarines
8.4 Sports
8.4.1 Golf
8.4.2 Archery
8.4.3 Shooting
8.4.4 Others

9 Rangefinder Market, By Range
9.1 Introduction
9.2 Very Low (< 50 M)
9.3 Low (50 M to 500 M)
9.4 Medium (500 M to 2.5 Km)
9.5 High (>2.5 Km)

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 By End-Use
10.2.2 By Type
10.2.3 By Range
10.2.4 By Country
10.2.4.1 US
10.2.4.1.1 By End Use
10.2.4.1.2 By Type
10.2.4.1.3 By Range
10.2.4.2 Canada
10.2.4.2.1 By End Use
10.2.4.2.2 By Type
10.2.4.2.3 By Range
10.3 Europe
10.3.1 By End Use
10.3.2 By Type
10.3.3 By Range
10.3.4 By Country
10.3.4.1 Russia
10.3.4.1.1 By End Use
10.3.4.1.2 By Type
10.3.4.1.3 By Range
10.3.4.2 France
10.3.4.2.1 By End Use
10.3.4.2.2 By Type
10.3.4.2.3 By Range
10.3.4.3 Germany
10.3.4.3.1 By End Use
10.3.4.3.2 By Type
10.3.4.3.3 By Range
10.3.4.4 UK
10.3.4.4.1 By End Use
10.3.4.4.2 By Type
10.3.4.4.3 By Range
10.3.4.5 Rest of Europe
10.3.4.5.1 By End Use
10.3.4.5.2 By Type
10.3.4.5.3 By Range
10.4 Asia Pacific
10.4.1 By End Use
10.4.2 By Type
10.4.3 By Range
10.4.4 By Country
10.4.4.1 China
10.4.4.1.1 By End Use
10.4.4.1.2 By Type
10.4.4.1.3 By Range
10.4.4.2 India
10.4.4.2.1 By End Use
10.4.4.2.2 By Type
10.4.4.2.3 By Range
10.4.4.3 Japan
10.4.4.3.1 By End Use
10.4.4.3.2 By Type
10.4.4.3.3 By Range
10.4.4.4 Rest of Asia Pacific
10.4.4.4.1 By End Use
10.4.4.4.2 By Type
10.4.4.4.3 By Range
10.5 Rest of the World (RoW)
10.5.1 By End Use
10.5.2 By Type
10.5.3 By Range
10.5.4 By Country
10.5.4.1 Brazil
10.5.4.1.1 By End Use
10.5.4.1.2 By Type
10.5.4.1.3 By Range
10.5.4.2 Israel
10.5.4.2.1 By End Use
10.5.4.2.2 By Type
10.5.4.2.3 By Range

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking of Players, 2016
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Competitive Benchmarking
11.4.1 Strength of Product Portfolio (23 Companies)
11.4.2 Business Strategy Excellence (23 Companies)

12 Company Profiles
(Overview, Strength of Product Portfolio , Business Strategy Excellence , Products Offering, Recent Development’s, Business Strategy)*
12.1 Thales Group
12.2 Elbit Systems Ltd.
12.3 Saab Ab
12.4 Lockheed Martin Corporation
12.5 Northrop Grumman Corporation
12.6 Robert Bosch GmbH
12.7 Flir Systems, Inc.
12.8 Rheinmetall AG
12.9 Kongsberg Gruppen Asa
12.10 Carl Zeiss AG

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, Recent Development’s, Business Strategy Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Rangefinder Market, By End Use
Table 2 Rangefinder Market, By Type
Table 3 Rangefinder Market, By Range
Table 4 Innovation & Patent Registrations, 2014-2017
Table 5 Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 6 Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 7 Commercial Segment, By Subsegment, 2015–2022 (USD Million)
Table 8 Defense Segment, By Subsegment, 2015–2022 (USD Million)
Table 9 Ground-Based Subsegment, By Type, 2015–2022 (USD Million)
Table 10 Airborne Subsegment, By Type, 2015–2022 (USD Million)
Table 11 Marine Subsegment, By Type, 2017–2022 (USD Million)
Table 12 Sports Segment, By Subsegment, 2015–2022 (USD Million)
Table 13 Rangefinder Market, By Range, 2015-2022 (USD Million)
Table 14 Rangefinder Market Size, By Region, 2015-2022 (USD Million)
Table 15 North America Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 16 North America Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 17 North America Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 18 North America Rangefinder Market Size, By Country, 2015-2022 (USD Million)
Table 19 US Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 20 US Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 21 US Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 22 Canada Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 23 Canada Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 24 Canada Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 25 Europe Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 26 Europe Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 27 Europe Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 28 Europe Rangefinder Market Size, By Country, 2015-2022 (USD Million)
Table 29 Russia Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 30 Russia Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 31 Russia Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 32 France Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 33 France Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 34 France Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 35 Germany Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 36 Germany Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 37 Germany Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 38 UK Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 39 UK Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 40 UK Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 41 Rest of Europe Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 42 Rest of Europe Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 43 Rest of Europe Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 44 Asia Pacific Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 45 Asia Pacific Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 46 Asia Pacific Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 47 Asia Pacific Rangefinder Market Size, By Country, 2015-2022 (USD Million)
Table 48 China Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 49 China Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 50 China Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 51 India Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 52 India Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 53 India Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 54 Japan Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 55 Japan Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 56 Japan Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 57 Rest of Asia Pacific Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 58 Rest of Asia Pacific Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 59 Rest of Asia Pacific Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 60 RoW Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 61 RoW Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 62 RoW Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 63 Rest of the World Rangefinder Market Size, By Country, 2015-2022 (USD Million)
Table 64 Brazil Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 65 Brazil Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 66 Brazil Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 67 Israel Rangefinder Market Size, By End Use, 2015-2022 (USD Million)
Table 68 Israel Rangefinder Market Size, By Type, 2015-2022 (USD Million)
Table 69 Israel Rangefinder Market Size, By Range, 2015-2022 (USD Million)
Table 70 Rank Analysis of Key Players in the Rangefinder Market

List of Figures

Figure 1 Rangefinder Market Segmentation
Figure 2 Research Process Flow
Figure 3 Rangefinder Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Increasing Defense Budget of Emerging Countries, 2005 & 2016 (USD Billion, %)
Figure 6 Global Militarization Index Score, By Country, 2016
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Assumptions of the Research Study
Figure 11 North America and Europe are Estimated to Be the Major Markets for Rangefinders in 2017
Figure 12 Based on End Use, the Defense Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Based on Type, the Ultrasonic Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Based on Range, the Low (50 M to 500 M) Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 15 The Increasing Use of Rangefinders in the Commercial Sector is Expected to Drive the Growth of the Market During the Forecast Period
Figure 16 The Commercial End Use Segment is Estimated to Be the Largest Segment of the Market During the Forecast Period
Figure 17 Based on Type, the Laser Segment is Projected to Lead the Rangefinder Market During the Forecast Period
Figure 18 The Very Low (<50 M) Segment is Projected to Lead the Rangefinder Market During the Forecast Period
Figure 19 Industrial Robotics is Projected to Be the Largest Application Subsegment of the Commercial End Use Segment During the Forecast Period
Figure 20 China and Russia are Estimated to Be the Major Markets for Rangefinders in Asia Pacific and Europe Respectively in 2017
Figure 21 The Rangefinder Market in the Asia Pacific is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Rangefinder Market Segmentation: By End Use
Figure 23 Rangefinder Market Segmentation: By Type
Figure 24 Rangefinder Market Segmentation: By Range
Figure 25 Rangefinder Market Dynamics
Figure 26 Value Chain: Rangefinder Market
Figure 27 Supply Chain: Rangefinder Market
Figure 28 Ultrasonic Type Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Defense End Use Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Low (50 M to 500 M) Range Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 31 North America is Estimated to Account for the Largest Share of the Rangefinder Market in 2017
Figure 32 North America Rangefinder Market Snapshot
Figure 33 Europe Rangefinder Market Snapshot
Figure 34 Asia Pacific Rangefinder Market Snapshot
Figure 35 Rangefinder Market Global, Competitive Leadership Mapping (2017)
Figure 36 Thales Group: Company Snapshot
Figure 37 Elbit Systems Ltd.: Company Snapshot
Figure 38 Saab AB: Company Snapshot
Figure 39 Lockheed Martin Corporation: Company Snapshot
Figure 40 Northrop Grumman Corporation: Company Snapshot
Figure 41 Robert Bosch GmbH: Company Snapshot
Figure 42 Flir Systems, Inc.: Company Snapshot
Figure 43 Rheinmetall AG: Company Snapshot
Figure 44 Kongsberg Gruppen Asa: Company Snapshot
Figure 45 Carl Zeiss AG: Company Snapshot

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