Market Overview:
The global depth gauge market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for precision measurement and equipment maintenance applications across different industries. Additionally, the growing adoption of digital depth gauges is also contributing to the growth of this market. On the basis of type, analog depth gauges held a major share in 2017 and are expected to continue its dominance during the forecast period as well. However, digital depth gauges are witnessing high growth rates due their advantages such as accuracy and easy readability over analog devices. Dial-type depth gauges are losing their popularity owing to their low accuracy levels as compared with other types available in the market.
Product Definition:
Depth Gauge is a tool used to measure the depth of a particular object or liquid. It is an important tool for various purposes such as in engineering and construction industries, to measure the level of water in dams or reservoirs, and also for marine activities.
Analog:
Analog depth gauges are used in offshore oil and gas industry for measuring the depth of water or liquid surface. It is a mechanical device that converts rotary motion into linear movement with the help of magnetic, spring or screw-driven mechanism. The most common types of analog gauges include fractional and integral type which can measure water surface elevation to within one meter accuracy.
Digital:
Digital technology is used in depth gauge market for measurement of subsurface conditions such as soil strength, water, and rock properties. It helps to monitor the changes occurring in these parameters over time. The most common way to implement digital technology is through sensors that are attached to probes and lowered into the borehole wall. These sensors send real-time data regarding temperature, pressure, and other parameters back to the surface which can be analyzed by a computer program for further interpretation.
Application Insights:
The equipment maintenance segment dominated the global depth gauge market in terms of revenue share in 2017. The use of dial and micrometer type gauges for measuring the depth of cuts is a well-established practice across various industries such as metalworking, machining, and others. The precision measurement segment is expected to witness significant growth over the forecast period owing to its application in several verticals such as aerospace & defense, automotive & transportation, machine tools industry among others.
The need for accurate measurement while cutting hard materials like steel and granite has become crucial in recent times leading to an increased demand for these devices globally. Furthermore, increasing production capacities coupled with rising consumerism are anticipated to boost product demand from 2018 to 2030.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and OEMs. The region is expected to continue its dominance over the forecast period due to technological advancements, high disposable income, and increased focus on quality products. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing demand from end-use industries such as manufacturing, mining & exploration, aerospace & defense. Moreover, rising investments by governments for developing advanced measurement devices are anticipated to fuel regional growth over the next eight years.
The Latin American market was valued at USD X million in 2017 and is expected grow at a significant rate over the forecast period owing with increasing industrialization across economies such as Brazil.
Growth Factors:
- Increasing demand for depth gauges in the automotive and aerospace industries
- Growing popularity of digital depth gauges
- Rising demand for depth gauges in the medical industry
- Increasing use of depth gauges in research and development activities
- Technological advancements in depth gauge technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Depth Gauge Market Research Report
By Type
Analog, Digital, Dial, Micrometer
By Application
Machining, Equipment Maintenance, Precision Measurement
By Companies
INSIZE, SMC, Mitutoyo, L. S. Starrett, Teclock, Aichi Tokei Denki, Honeywell International, Geosense, Par Aide, Fuji Tool
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Depth Gauge Market Report Segments:
The global Depth Gauge market is segmented on the basis of:
Types
Analog, Digital, Dial, Micrometer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Machining, Equipment Maintenance, Precision Measurement
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- INSIZE
- SMC
- Mitutoyo
- L. S. Starrett
- Teclock
- Aichi Tokei Denki
- Honeywell International
- Geosense
- Par Aide
- Fuji Tool
Highlights of The Depth Gauge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Analog
- Digital
- Dial
- Micrometer
- By Application:
- Machining
- Equipment Maintenance
- Precision Measurement
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Depth Gauge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Depth gauge is a tool used to measure the depth of water.
Some of the major companies in the depth gauge market are INSIZE, SMC, Mitutoyo, L. S. Starrett, Teclock, Aichi Tokei Denki, Honeywell International, Geosense, Par Aide, Fuji Tool.
The depth gauge market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Depth Gauge Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Depth Gauge Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Depth Gauge Market - Supply Chain
4.5. Global Depth Gauge Market Forecast
4.5.1. Depth Gauge Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Depth Gauge Market Size (000 Units) and Y-o-Y Growth
4.5.3. Depth Gauge Market Absolute $ Opportunity
5. Global Depth Gauge Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Depth Gauge Market Size and Volume Forecast by Type
5.3.1. Analog
5.3.2. Digital
5.3.3. Dial
5.3.4. Micrometer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Depth Gauge Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Depth Gauge Market Size and Volume Forecast by Application
6.3.1. Machining
6.3.2. Equipment Maintenance
6.3.3. Precision Measurement
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Depth Gauge Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Depth Gauge Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Depth Gauge Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Depth Gauge Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Depth Gauge Demand Share Forecast, 2019-2026
9. North America Depth Gauge Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Depth Gauge Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Depth Gauge Market Size and Volume Forecast by Application
9.4.1. Machining
9.4.2. Equipment Maintenance
9.4.3. Precision Measurement
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Depth Gauge Market Size and Volume Forecast by Type
9.7.1. Analog
9.7.2. Digital
9.7.3. Dial
9.7.4. Micrometer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Depth Gauge Demand Share Forecast, 2019-2026
10. Latin America Depth Gauge Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Depth Gauge Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Depth Gauge Market Size and Volume Forecast by Application
10.4.1. Machining
10.4.2. Equipment Maintenance
10.4.3. Precision Measurement
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Depth Gauge Market Size and Volume Forecast by Type
10.7.1. Analog
10.7.2. Digital
10.7.3. Dial
10.7.4. Micrometer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Depth Gauge Demand Share Forecast, 2019-2026
11. Europe Depth Gauge Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Depth Gauge Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Depth Gauge Market Size and Volume Forecast by Application
11.4.1. Machining
11.4.2. Equipment Maintenance
11.4.3. Precision Measurement
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Depth Gauge Market Size and Volume Forecast by Type
11.7.1. Analog
11.7.2. Digital
11.7.3. Dial
11.7.4. Micrometer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Depth Gauge Demand Share, 2019-2026
12. Asia Pacific Depth Gauge Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Depth Gauge Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Depth Gauge Market Size and Volume Forecast by Application
12.4.1. Machining
12.4.2. Equipment Maintenance
12.4.3. Precision Measurement
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Depth Gauge Market Size and Volume Forecast by Type
12.7.1. Analog
12.7.2. Digital
12.7.3. Dial
12.7.4. Micrometer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Depth Gauge Demand Share, 2019-2026
13. Middle East & Africa Depth Gauge Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Depth Gauge Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Depth Gauge Market Size and Volume Forecast by Application
13.4.1. Machining
13.4.2. Equipment Maintenance
13.4.3. Precision Measurement
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Depth Gauge Market Size and Volume Forecast by Type
13.7.1. Analog
13.7.2. Digital
13.7.3. Dial
13.7.4. Micrometer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Depth Gauge Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Depth Gauge Market: Market Share Analysis
14.2. Depth Gauge Distributors and Customers
14.3. Depth Gauge Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. INSIZE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SMC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitutoyo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. L. S. Starrett
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Teclock
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aichi Tokei Denki
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honeywell International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Geosense
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Par Aide
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuji Tool
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
