North America Measuring, Marking And Layout Tools Market Size By Product Type (Laser Distance Measuring, Tape Measures/Long Tapes), By End User (Construction and Building, Manufacturing and Metalworking), Sales Channel (Offline Retail, Dealer/Distributor (B2B)), By Geographic Scope And Forecast
Report ID: 369342|No. of Pages: 202
North America Measuring, Marking And Layout Tools Market Size By Product Type (Laser Distance Measuring, Tape Measures/Long Tapes), By End User (Construction and Building, Manufacturing and Metalworking), Sales Channel (Offline Retail, Dealer/Distributor (B2B)), By Geographic Scope And Forecast
North America Measuring, Marking And Layout Tools Market Size And Forecast
North America Measuring, Marking And Layout Tools Market size was valued at USD 679.32 Million in 2022 and is projected to reach USD 934.73 Million by 2030, growing at a CAGR of 6.10% from 2024 to 2030.
The “North America Measuring, Marking And Layout Tools Market” has been driven by factors such as the expansion of construction and infrastructure development activities, and the flourishing woodworking and carpentry sector. North America Measuring, Marking And Layout Tools Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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North America Measuring, Marking And Layout Tools Market Definition
Measuring, marking, and layout tools are a class of tools used in a variety of sectors and occupations to ensure precision and accuracy in operations involving the measuring, marking, and layout of materials, components, and structures. These tools are critical for obtaining high-quality outcomes in building, woodworking, metalworking, manufacturing, and various other industries. Measuring instruments are intended to produce precise length, width, height, and angle measurements.
Tape measures, rulers, calipers, micrometers, and laser distance-measuring devices are examples of these tools. Tape Measures are portable equipment with measurement marks that allow for rapid length evaluations. Rulers are straight-edged, rigid tools with precise markings used for linear measurements. Calipers are measuring instruments that measure the distance between two opposing sides of an object, such as the thickness of materials or the inner and outer diameters of things.
Marking tools make distinct, visible references or lines on materials to help with later project processes. These references are required to ensure precise cutting, drilling, or assembly. For freehand marks and labeling on various materials, pencils, and markers are utilized. Chalk Lines are instruments used in construction to create straight and exact reference lines across long distances. Marking Gauges are tools with adjustable spurs or blades used to scribble parallel lines or dimensions on wood or other surfaces. Scribers are instruments with pointed tips to score lines in metal or other materials. Marking tools are essential for converting measurements and layout plans from design documents to actual materials, eliminating errors and rework, and ensuring project criteria are met.
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North America Measuring, Marking And Layout Tools Market Overview
The “North America Measuring, Marking And Layout Tools Market” has been driven by factors such as the expansion of construction and infrastructure development activities, and the flourishing woodworking and carpentry sector. However, the high cost of the products may hamper the market growth in the near future. The growing use of e-commerce for purchasing tools and integrations with Building Information Modelling systems are key trends in the market.
The global expansion of construction and infrastructure development activities has a substantial impact on the Measuring, Marking, and Layout Tools market. This industry is a significant generator of demand, innovation, and growth for these critical instruments. Several factors contribute to the close association between the building and infrastructure industries and the market for Measuring, Marking, and Layout Tools. Every stage of development in the building and infrastructure industries necessitates a high level of precision and accuracy. From the planning and design stages to the actual building, accurate measurements and layouts are required to ensure that structures are safe, comply with standards, and are built to last.
North America Measuring, Marking And Layout Tools Market Segmentation Analysis
The North America Measuring, Marking And Layout Tools Market is segmented on the basis of Product Type, End User, Sales Channel, and Geography.
North America Measuring, Marking And Layout Tools Market, By Product Type
- Laser Distance Measuring
- Tape Measures/Long Tapes
- Measuring Wheels
- Rules & Straight edges
- Carpenter/Framing Squares
- Rafter/Try Squares
- Combination Squares
- T-Bevel Squares
- Drywall Squares
- Others
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Based on Product Type, The market is segmented into Laser Distance Measuring, Tape Measures/Long Tapes, Measuring Wheels, Rules & Straight edges, Carpenter/Framing Squares, Rafter/Try Squares, Combination Squares, T-Bevel Squares, Drywall Squares, and Others. The North America Measuring, Marking And Layout Tools Market is experiencing a scaled level of attractiveness in the “Laser Distance Measuring” segment. Laser Distance Measuring accounted for the largest market share of 23.48% in 2022, with a market value of USD 159.49 Million, and is projected to grow at the highest CAGR of 4.68% during the forecast period. Tape Measures/Long Tapes was the second-largest market in 2022, valued at USD 126.22 Million in 2022; it is projected to grow at a CAGR of 4.00%.
Laser distance measuring devices laser distance meters or laser rangefinders, are electronic tools that use laser technology to accurately and quickly measure distances between two points. These devices have various applications across various fields, including construction, surveying, interior design, etc. The advantage of laser distance measuring meters includes instant measurements and precision accuracy, there are no scales to misread or interpret. Additionally, it is safe; users can measure hard-to-read places, such as ceilings, without needing a ladder, and there is no need for a second person to hold the end of the tape measure. Laser distance meters are used to measure room lengths, widths, and heights accurately for planning construction and renovations. They help calculate the amount of materials needed, such as flooring, paint, or tiles, by measuring the square footage of surfaces.
North America Measuring, Marking And Layout Tools Market, By End User
- Construction and Building
- Manufacturing and Metalworking
- Woodworking and Carpentry
- Automotive and Aerospace
- Surveying and Geomatics
Based on End User, The market is segmented into Construction and Building, Manufacturing and Metalworking, Woodworking and Carpentry, Automotive and Aerospace, and Surveying and Geomatics. The North America Measuring, Marking And Layout Tools Market is experiencing a scaled level of attractiveness in the Manufacturing and Metalworking segment. The Construction and Building accounted for the largest market share of 28.97% in 2022, with a market value of USD 196.81 Million, and is projected to grow at a CAGR of 4.08% during the forecast period. Manufacturing and Metalworking was the second-largest market in 2022, valued at USD 181.63 Million in 2022; it is projected to grow at the highest CAGR of 4.26%.
In the construction and building industry, various measuring, marking, and layout tools are essential for ensuring accuracy and precision in construction projects. These tools help builders, contractors, and tradespeople take measurements, mark reference points, and create layout lines for various tasks. Some common measuring, marking, and layout tools used in construction and building include tape measures and long tapes, chalk lines, laser distance measuring tools, levels, squares, rulers and straight edges, measuring wheels, angle finders’/bevel squares, etc. Tape measures are versatile tools used to measure distances, lengths, and heights. They come in various lengths, with both metric and imperial units.
North America Measuring, Marking And Layout Tools Market, By Sales Channel
- Offline Retail
- Dealer/Distributor (B2B)
- Online
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Based on Sales Channel, The market is segmented into Offline Retail, Dealer/Distributor (B2B), and Online. The North America Measuring, Marking And Layout Tools Market is experiencing a scaled level of attractiveness in the Online segment. Offline Retail accounted for the largest market share of 37.51% in 2022, with a market value of USD 254.84 Million, and is projected to grow at a CAGR of 3.99% during the forecast period. Dealer/Distributor (B2B) was the second-largest market in 2022, valued at USD 220.05 Million in 2022; it is projected to grow at a CAGR of 3.21%. However, Online is projected to grow at the highest CAGR of 4.42%.
Offline retail refers to traditional, physical stores where consumers can purchase products and services in person, as opposed to online or e-commerce channels. Offline retail stores have physical locations that customers can visit. These stores may be standalone buildings, part of shopping centers, malls, or commercial districts. Customers physically visit the store, allowing them to see, touch, and try products before purchasing. measuring, marking, and layout tools are commonly available offline retail channels, including physical stores and home improvement centers. These retail outlets cater to consumer and professional customers, providing a convenient and tangible shopping experience.
North America Measuring, Marking And Layout Tools Market, By Geography
- U.S.
- Canada
- Mexico
On the basis of Geography, The North America Measuring, Marking And Layout Tools Market is classified into U.S., Canada, and Mexico. The North America Measuring, Marking And Layout Tools Market is experiencing a scaled level of attractiveness in the U.S. The U.S. has a prominent presence and holds the major share of the North American market. The U.S. accounted for a market share of 72.85% in 2022. The U.S. is projected to gain an incremental market value of USD 148.64 Million and is projected to grow at a CAGR of 4.11% between 2024 and 2030.
The North American measuring, marking, and layout tools market is influenced by several driving factors that contribute to its growth and development. Ongoing technological innovations have led to the development of more precise and advanced measuring and layout tools. These tools offer greater accuracy and efficiency, which drives demand in various industries, including manufacturing and construction. Furthermore, the construction industry in North America is continually growing, driven by urbanization and infrastructure development. measuring and layout tools are essential for ensuring precise construction and quality control in this sector. Construction and infrastructure development play a significant role in driving the growth of the measuring, marking, and layout tools market in the United States.
Key Players
The “North America Measuring, Marking And Layout Tools Market” study report will provide valuable insight with an emphasis on the market. The major players in the market are Swanson Tool Company Inc., Stanley Black & Decker Inc., Milwaukee Tool (Techtronic Industries Co. Ltd.), Fluke Corporation (Fortive), Bosch Tools (Robert Bosch), Klein Tools, Komelon, Stabila Group, L.S. Starrett Company, Makita, Greenlee (Emerson Electric Co.), General Tools & Instruments (Worthington Industries), Laser Products Industries Inc., Spectra Precision (Precisional LLC). This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with Coating Type benchmarking and SWOT analysis.
Key Developments
- In March 2023, Bosch Power Tools launched a new generation of BLAZE Laser Measures that features an impressive 11 measuring functions and a reach of up to 65 feet. These laser measures are engineered for exceptional durability, with robust rubber-over mold housings safeguarding all impact points and boasting IP65 ratings.
- In March 2023, Stanley Black & Decker launched CONTROL-LOCK tape measures, that are engineered for durability, extended reach, and precise measurement control. These tape measures are available in various lengths, ranging from 12 to 30 feet, and feature a sturdy, lightweight, compact build and come with an integrated finger brake.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the segment that is majorly leading in the North America Measuring, Marking And Layout Tools Market. We cover the major impacting factors that are responsible for driving the industry growth in the given geography.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the North America Measuring, Marking And Layout Tools Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2019-2030 |
| Base Year | 2022 |
| Forecast Period | 2024-2030 |
| Historical Period | 2019-2021 |
| Unit | Value (USD Million) |
| Key Companies Profiled | Swanson Tool Company Inc., Stanley Black & Decker Inc., Milwaukee Tool (Techtronic Industries Co. Ltd.), Fluke Corporation (Fortive), Bosch Tools (Robert Bosch), Klein Tools. |
| Segments Covered | By Product Type, By End User, By Sales Channel, and By Geography. |
| Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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Industry Analysis Matrix
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