Laser Measuring Instrument Market Report 2026

The laser measuring instrument market size has grown strongly in recent years. It will grow from $3.87 billion in 2025 to $4.11 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growth of construction activities, expansion of land surveying, need for precision measurement, adoption in industrial quality control, defense measurement applications.

The laser measuring instrument market size is expected to see strong growth in the next few years. It will grow to $5.11 billion in 2030 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to smart city infrastructure growth, automation in manufacturing measurement, demand for digital construction tools, growth of aerospace measurement needs, expansion of industrial inspection. Major trends in the forecast period include integration of bluetooth and wireless connectivity, growth of multi functional laser tools, rising adoption in construction layout, demand for high accuracy non contact measurement, compact and portable device design.

The increase in construction activities is expected to drive the growth of the laser measuring instrument market in the coming years. Construction refers to the process of building structures such as roads and buildings using materials, equipment, and skilled labor. This sector is expanding due to rapid urbanization and a growing demand for improved infrastructure. Laser measuring instruments play a key role in construction by providing accurate measurements of distances, angles, and alignments, which ensure precise layouts and correct structural positioning. For example, in July 2023, the Australian Bureau of Statistics, a government agency, reported that the number of dwellings under construction rose to 43,247 in the September 2024 quarter, up from 37,116 in the same period of 2023. Thus, rising construction activities are supporting growth in the laser measuring instrument market.

Companies in the laser measuring instrument market are focusing on technological advancements such as incorporating LADAR technology to improve measurement precision, enable high-resolution 3D mapping, and broaden use across industries like construction, automotive, and aerospace. LADAR is a laser-based system that detects objects and measures distances by reflecting light from surfaces, creating accurate 3D images or maps. For instance, in May 2024, API Group Inc., a US-based construction company, launched the Dynamic 9D LADAR system, representing a significant advancement in laser measurement technology for manufacturing. This LADAR system captures both dimensional and surface geometry data with exceptional speed and accuracy using optical frequency chirping interferometry (OFCI). Designed for industries such as automotive, aerospace, and transportation, it replaces traditional coordinate measuring machines and scanning systems with a faster, more compact, and highly precise alternative. Features include high-speed data processing, wide-angle measurement, and robotic system compatibility. The 9D LADAR enables automated, real-time inspection with 6 µm/m accuracy, marking a breakthrough for smart manufacturing and quality control.

In July 2025, AMETEK Inc., a US-based industrial technology company, acquired FARO Technologies, Inc. for approximately $920 million. Through this acquisition, AMETEK aimed to enhance its position in precision measurement and 3D metrology by expanding its portfolio of digital reality and measurement solutions. FARO Technologies, Inc. is a US-based company specializing in 3D measurement and imaging solutions, including portable measurement arms, laser scanners, trackers, software, and associated services.

Major companies operating in the laser measuring instrument market are Robert Bosch GmbH, Stanley Black & Decker, KEYENCE Corporation, Makita Corporation, Hexagon AB, Nikon Metrology, Trimble Inc., SICK AG, Topcon Corporation, Leica Geosystems, Fluke Corporation, Klein Tools, FARO Technologies, Teledyne Brown Engineering, Milwaukee Tool (TTI Group), Micro-Epsilon, Stabila, Johnson Level & Tool Mfg. Co., Inc., Laser Technology Inc., PCE Instruments.

North America was the largest region in the laser measuring instrument market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laser measuring instrument market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laser measuring instrument market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The laser measuring instrument market consists of sales of products such as handheld laser distance meters, laser rangefinders, laser calibration tools, combination laser tools, laser scanners, laser displacement sensors, laser micrometers, 3d laser measurement systems, laser alignment systems, and laser interferometers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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