The major driver of the global #rangefinder #market is the growing endorsement of rangefinders in surveying, topography, navigation, etc. The increased adoption of this device in sports like golf and its growing use in defense is also projected to drive the growth of this market in the forecast period.A major restraint of the global rangefinder market is the expensive cost of the instrument, its components, and the cost involved in the assembly of those components.

Rangefinder Market: Global Industry Analysis and Forecast (2023-2029)

Rangefinder Market size was valued at US$ 1.368 Billion in 2022 and the total Rangefinder revenue is expected to grow at 4.8% through 2029