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Allied Market Research

Line Laser Level Market: Global Opportunity Analysis and Industry Forecast, 2021–2030

A11975
Pages: NA
Aug 2021 | 63 Views
   
Author(s) : Onkar Sumant
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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A line laser projects a lit horizontal or vertical line onto the surface at which it is aimed. When constructing cabinets, tiling, a drop ceiling, or simple levelling, use line lasers indoors. They may also be used to frame or build a deck outside. There are different types of laser levels in the market. Model and features largely depend on the kind of task. Indoor application includes aligning walls, leveling floors, verifying the height of windows and doors, installing cabinets and shelves, or installation of wainscoting. Outdoors levels have several different advantages because they will help perform many construction tasks. Some of the projects may include aligning masonry, figuring the elevation of the land for surveying, laying out grading and checking the level of the pillars or beams.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value (USD)

  Segments covered

  Product Type, End User, Application, and Region

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Ѕtаnlеу Вlасk and Dесkеr, Fоrtіvе Соrроrаtіоn, Ніltі Соrроrаtіоn, Нехаgоn АВ, Тrіmblе Іnс, Rоbеrt Воѕсh GmbН, Ѕtаbіlа, Карrо Іnduѕtrіеѕ Ltd, Јоhnѕоn Level and Тооl Mfg. Со. Іnс, Ѕоlа.

 

COVID-19 Impact Analysis:

  • COVID-19 pandemic has shut-down the production of various products in the line laser level industry attributed to the lockdown in countries worldwide. This has hampered the growth of market from the last few months, and is likely to continue during 2021.
  • COVID-19 has already affected the sales of line laser level in the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
  • The major demand for line laser level was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, UK, and China, which are badly affected by the spread of the coronavirus, thereby halting/decreasing the demand for line laser level.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. The line laser level companies can afford a full lockdown only for a few months, after which the players have to modify their investment plans.
  • The line laser level manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The key factors affecting the industry include surge in demand from construction, electrical and electronics, and automotive sectors, which are anticipated to experience growth during the forecast period. Growth in residential and non-residential construction sectors to boost the demand for aluminum and copper products. There is a boost in need for electric vehicles and other commercial vehicles, which is anticipated to contribute to the increase in demand. Requirement from sectors such as electronic utilities, consumer electronics, and general electronics has observed a steep rise in the recent years.

The global Line laser level market trends are as follows:

Increase in construction activities along with infrastructure development

The major companies are focusing on upgradation according to need in the market. Increase in construction activities and infrastructure development projects has resulted in a remarkable space for resolving issues related to accommodation. The need for the utilization of technologically advanced equipment for expediting the building construction process is inducing high demand for construction lasers, resulting in the significant expansion of the laser level market globally.

Increase in Pipe Installation and excavation

There is increase in pipe installation and excavation. In the construction industry, there is an increase in adoption of lower levels for various purposes, such as leveling, aligning, and other processes. Likewise, laser technology provides added advantage in area such as pipe installation and excavation, which are given a new way for target market growth. A land shortage is a common problem in modern cities, which has led to the construction of complex building with unique alignment that require precision during construction activities. Such complex measurements are done accurately using construction lasers.

Key segments covered:

Segments

Subsegments

  Product type

  • Dot Laser Levels
  • Line Laser Levels
  • Rotary Laser Levels
  • Distance Laser Meter
  • Torpedo Laser Levels

  End User

  • Construction
  • Environment
  • Others

  Application

  • Indoor
  • Outdoor

  Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Line laser level industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Line laser level market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the global Line laser level market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.
  • The report provides a detailed global Line laser level market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Line laser level Market report:

  • Who are the leading market players active in the Line laser level industry?
  • What would be the detailed impact of COVID-19 on the industry?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the Line laser level industry?
  • What are the projections for the future that would help in taking further strategic steps?
 
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