Technavio analysts forecast the global construction laser market to grow at a CAGR of almost 5% during the forecast period, according to their latest report.

The research study covers the present scenario and growth prospects of the global construction laser market for 2017-2021. The market is segmented on the product (measuring and layout tools and surveying equipment) and geography (the Americas, EMEA, and APAC).

The booming construction market, where construction lasers find applications as essential tools, is the main growth driver of the market. The demand for construction laser in the market will be primarily from professional contractors and surveyors. Several factors, including an increase in the number of construction sites, have led to various surveying companies adopting laser scanners. 3D laser scanners can reduce the high costs of operation and reduce the reworks on site. Therefore, organizations adopt this technology to reduce risk, speed up task completion, and provide improved quality control.

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