According to a market report by Lucintel, the future of the global laser beam rangefinder telescope market looks promising with opportunities in the military, construction, industrial, sports, and forestry market. The global laser beam rangefinder telescope market is expected to grow with a CAGR of 7.9% from 2024 to 2030. The major drivers for this market are usage in military applications and growing demand for precise distance measurement in sectors such as hunting, sports, and forestry.
A more than 150-page report to understand trends, opportunity and forecast in laser beam rangefinder telescope market to 2030 by type (moncular and binoculars), application (military, construction, industrial, sports, forestry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, moncular is expected to witness a higher growth over the forecast period due to its lightweight, compact, and affordable.
Within this application category, military will remain the largest segment due to accurate and precise targeting and for reconnaissance and surveillance purposes.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rapid economic growth and increasing usage in variety of applications, such as hunting, golfing, and surveying.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the laser beam rangefinder telescope market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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