DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--The "Global Rangefinder Market - Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

A rangefinder is a device that is used to measure the distance between target and the observer during process of ranging. Global rangefinder market is expected to rise with the CAGR of about 21% during forecast period 2017-2024.

Enhanced accuracy in sports activities with the use of rangefinders majorly contributes to the growth of global rangefinder market during forecast period. However, high cost of rangefinder technology is one of the major factors restraining the growth of global rangefinder market during forecast period.

Geographically, global rangefinder market report has been segmented in North America, Asia Pacific, Europe and Rest of the World. North America held the largest market revenue share for rangefinder market in 2017 and is expected to dominate the market during forecast period due to modernization and up gradation of defense equipment, technological advancements in rangefinder equipment across North America, etc.

The report on global rangefinder market is segmented on the basis of type, end-users and range. Segments of type includes laser and ultrasonic. Laser rangefinders is expected to dominate the market during forecast period due to technological advancements in electro optics. End users in range finder are divided as commercial, defense and sports. In end-user, defense is expected to be the fastest growing segment during forecast period due to high demand to provide accurate information about the target in defense sector. Range segment is divided as very low (< 50 m), low (50 m to 500 m), medium (500 m to 2.5 km) and high (>2.5 km).

Companies Mentioned

Carl Zeiss AG Chongqing Aite Optical And Electronics Co., Ltd Elbit Systems Ltd. FLIR Systems, Inc. Kongsberg Gruppen Asa Lockheed Martin Corporation Newcon International Ltd. Northrop Grumman Corporation Pentax Pepperl+Fuchs Rheinmetall AG Robert Bosch GmbH Saab AB Safran Vectronix AG Thales Group

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Global Rangefinder Market - By Type

5. Global Rangefinder Market - By End User

6. Global Rangefinder Market - By Range

7. Competitive Landscape

8. Geographic Analysis

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/z5wjbp/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180613005552/en/

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Related Topics:Cameras and Camera Equipment

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS PHOTOGRAPHY

SOURCE: Research and Markets

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PUB: 06/13/2018 07:59 AM/DISC: 06/13/2018 07:59 AM

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