TMCnet News
From Bosch to Trimple - Technavio Announces Top Nine Vendors in the Global Laser Distance Meter Market from 2016 to 2020Technavio has announced the top nine leading vendors in their recent global laser distance meter (LDM) market report. Vendors are identified based on their revenue and market dominance in terms of experience, geographical presence, product portfolio, financials, and R&D. Competitive vendor landscape The global LDM market is driven by constant upgrading of both hardware and software. The market has already consolidated with a few players, such as Danaher, Hexagon, Stanley Black & Decker (News - Alert), and Bosch, dominating the market. "Vendors are looking to position their products based on unique selling propositions such as range, integration with smartphones using low-power Bluetooth 4.0, sensor upgrading, and software integration using apps," says Sunil Kumar Singh, a lead analyst at Technavio for research on computing devices. In the LDM market, vendors are recording sales mainly through distribution networks. Therefore, a widely present distribution network is pertinent to make a market presence and drive sales. Many of the LDM vendors are into other businesses related to measurement and alignment like sensing equipment and other important tools for the construction sector. So, the implementation of technology they acquire is not limited to LDMs. This makes it difficult for a new vendor to enter specifically into this market segment. Request for sample report: http://goo.gl/kFVQhd Top nine global laser distance meter market vendors Bosch Bosch is one of the biggest vendors in the global LDM market. Bosch sells LDMs under its business unit, power tools. Bosch sells its power tool products for craftsmen and industry applications in more than 100 countries worldwide. The supply chain of Bosch is based on the distributor and reseller model. With the advancement of e-commerce, most of the Bosch products are now available through online portals of retailers like Kelvin Power Tools, Power Tools UK, and Rai Technical. Danaher is a US company operating in five business segments. LDMs come under its test and measurement business unit. The company is one of the leading vendors in the LDM market. It has grown inorganically with the acquisitions of Fluke Corporation for USD 625 million in 2003. The company then focused on improving its supply chain by vertical integration. In 2007 Danaher acquired Tektronix (News - Alert) for USD 2.8 billion. Flir Systems Flir Systems acquired Extech Instruments in 2007, marking its entry into the LDM market. Flir Systems provides LDMs under the brand name Extech. Extech was established in 1971 in the US as a supplier of handheld electronic measurement devices. Extech has facilities for design and manufacturing in the US, China, Taiwan, and Hong Kong. It offers LDMs such as DT500, DT200, and DT300. Hexagon Hexagon is a Swiss company engaged in the business of precision measuring technologies. Established in 1975, the firm has grown both organically as well inorganically. Hexagon owns Agatec and Leica Geosystems. It offers products through sales offices across the globe under two brand names: Agatec and Leica Geosystems. Hilti Hilti is a European firm, which is headquartered in Schaan in the Principality of Liechtenstein. The company produces an array of tools used for building maintenance, construction, and mining industries. It offers three models of LDMs, namely PD-I, PD-E and PD 5. The PD-E is an outdoor solution for measuring distance. The US is the largest revenue generating country for the company, followed by Germany and France. Makita Japan-based Makita manufactures professional as well consumer power tools. The company has operations in 172 countries. It offers three models of LDMs, namely LD050P, LD080P, and LD080PI. Europe is the largest revenue contributor to the company, followed by Japan and the US. Stabila Stabila is a German company established in 1851. It is mainly into the business of measurement and layout. The company offers products in more than 40 countries, and the majority of its revenue come from Canada, the UK, and the US. Stabila has major production facilities in Germany and Czech Republic. It has five LDM products. They include LD-420, LD- 320, LD-220, LD-250 BT (News - Alert), and LD-520. It also offers a product named full feature laser distance measure, which has a digital target locator with 4x zoom. This product, which has a range of 200 meters, comes with a tripod mount. Stanley Black & Decker Stanley Black & Decker is one of the largest vendors in the LDM market. The company was formed through the merger between the Stanley Works and Black & Decker in 2010. Stanley Black & Decker is also the parent company of DeWalt. The company offers LDMs under the brand names Stanley and DeWalt. It receives the largest share of sales from the US, followed by Europe and Asia. Trimple The US-based firm provides location-based solutions and measuring tools for applications in civil engineering- construction, design, and site layout. The company offers three LDM products namely Spectra Precision QM 55 Quick measure, Spectra Precision QM 75 Quick measure, and Spectra Precision QM 95 Quick measure. It has operations in 25 countries across the globe, including the US, Australia, Canada, China, Dubai, Germany, and the UK. Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20160629005050/en/ |
