Dublin, March 04, 2022 (GLOBE NEWSWIRE) -- The "Global Light Meter Market (2021-2026) by Application Type, Display Type, Type, Lux Range Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Light Meter Market is estimated to be USD 356.8 Mn in 2021 and is expected to reach USD 499.96 Mn by 2026, growing at a CAGR of 6.98%.
Market Dynamics
The Global Light Meter Market is driving because of government initiative towards standardization of protocols increasing demand from various industries. On the other hand, the availability of substitutes products such as light measuring devices and smartphone applications, including an in-built camera as a light sensor, restricts the market's growth.
Furthermore, increasing-price competitiveness due to many manufacturers with different pricing strategies is the challenge affecting the market's growth. Moreover, technological development such as wireless light meters, sharing data vis cloud computing for building automation, and Internet of Things (IoT) embedded solutions are creating opportunities for the market to grow in the forecasted period.
Market Segmentation
- The Global Light Meter Market is segmented further based on Application Type, Display Type, Type, Lux Range Type, and Geography.
- By Application Type, the market is classified into Clinics and Hospitals, Commercial Spaces, Manufacturing Plant and Warehouses, Photography and Cinematography, University Campus, Schools, and others.
- By Display Type, the Light Meter market is classified into Analog and Digital.
- By Type, the Light Meter market is classified into General-Purpose Light Meters, LED Light Metres, and UV Light Metres.
- By Lux Range Type, the Light Meter market is classified into 0-200K Lux and Above 200K Lux.
- By Geography, Asia Pacific is projected to lead the market.
Company Profiles
Some of the companies covered in this report are B&K Precision Corporation, Danaher Corporation, Hioki E.E. Corporation, KERN & SOHN, Konica Minolta Sensing Americas, Inc, Line Seiki Co Ltd, PCE Deutschland GmbH, Sekonic, and Testo SE & Co. KGaA, etc.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Light Meter Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Demand by Various Industries
4.1.2 Government Initiative Towards Standardising the Protocols
4.2 Restraints
4.2.1 Availability of Substitutes Products
4.3 Opportunities
4.3.1 Developing Light Metre Wireless Technologies
4.3.2 Technological Advancement with IoT Integration
4.4 Challenges
4.4.1 Competitive Price Due to Growing Manufactures
5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Light Meter Market, By Application Type
6.1 Introduction
6.2 Clinics and Hospitals
6.3 Commercial Spaces
6.4 Manufacturing Plant and Warehouses
6.5 Photography and Cinematography
6.6 University Campuses and Schools
6.7 Others
7 Global Light Meter Market, By Display Type
7.1 Introduction
7.2 Analog
7.3 Digital
8 Global Light Meter Market, By Type
8.1 Introduction
8.2 General-Purpose Light Meters
8.3 LED Light Metres
8.4 UV Light Metres
9 Global Light Meter Market, By Lux Range Type
9.1 Introduction
9.2 0-200K Lux
9.3 Above 200K Lux
10 Global Light Meter Market, By Geography
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 ATP Instrumentation Ltd
12.2 B&K Precision Corporation
12.3 Caltech Engineering Services
12.4 Center Technologies
12.5 Danaher Corporation
12.6 Edmund Optics, Ltd
12.7 Hanna Instruments
12.8 HIOKI E.E. Corporation
12.9 Huato Electric Co Ltd
12.10 International Light Technologies, Inc
12.11 KERN & SOHN
12.12 KIMO Instruments
12.13 Konica Minolta Sensing Americas, Inc
12.14 Kyoritsu Electrical Instruments Works Ltd
12.15 Line Seiki Co Ltd
12.16 Lutron Electronics Co, Inc
12.17 Martindale Electric Co Ltd
12.18 Nordic Scientific & Natural Solutions AB
12.19 Panomex, Inc
12.20 PCE Deutschland GmbH
12.21 Reed Instruments
12.22 Sekonic Corporation
12.23 Shenzhen Sanpo Instrument Co Ltd
12.24 STEP Systems GmbH
12.25 Sunshine Instruments
12.26 Testo SE & Co. KGaA
12.27 TENMARS ELECTRONICS CO LTD
12.28 Teledyne Technologies Incorporated
12.29 TQC Sheen B.V
12.30 Yokogawa Test & Measurement Corporation
13 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/tp14fm
Attachment
