A system and method for non-contact measurement of remaining spooled material. The system comprises at least one optical signal source configured to illuminate spooled material with an optical beam having an optical beam width that illuminates the material remaining in the spool. The optical beam width and spacing are such that spooled material is illuminated by each optical signal source. The system includes drive circuitry configured to drive the at least one optical signal source using pulses. The system further includes at least one optical signal receiver configured to receive light reflected from each of said light pulses. The system still further includes a processor configured to: establish a number and drive strength of the pulses; and cause measurements to be performed of the remaining spooled material.