Market Overview:
The global electronic height gauges 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 high-precision height gauges in various applications such as machining, inspection and calibration, and aerospace. Additionally, the growing demand for digital display height gauges is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations could hamper the growth of this market during the forecast period.
Product Definition:
An electronic height gauge is a device used to measure the height of an object. It typically consists of a vertical scale with a pointer that moves up and down, and a display screen that shows the current height measurement. Electronic height gauges are important for many reasons, chief among them being their accuracy and precision. They can be used to measure everything from the thickness of sheet metal to the height of buildings, making them essential tools in many industries.
Digital Display:
Digital display is a series of numbers and letters that are used to communicate information. The gauges can be programmed with the help of software which allows the user to set parameters such as temperature, pressure, speed and torque in terms of desired values for any process or operation. Digital displays have various advantages over traditional mechanical systems including high accuracy, flexibility and ease-of-operation.
Analog:
Analog gauges are used in electronic height gauges to measure the height of a vehicle. They can be easily implemented on any device and they provide accurate results. Analog gauges are cheaper than their digital counterparts as there is no need for a separate display or memory unit to store the readings.
The major advantage of using an analog gauge is that it provides continuous.
Application Insights:
The use of height gauges in machining applications accounted for the largest market share and is expected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for precision-engineered products by various end-use industries, including automotive and aerospace. In addition, technological advancements in electronic devices have enabled them to become smaller than ever before while still maintaining high accuracy, which has further driven their adoption across all manufacturing sectors worldwide.
Inspection and calibration are also estimated to witness significant growth over the coming years owing to their wide application in several industries such as oil & gas, construction materials testing laboratories etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for high-precision tools in various industries, such as aerospace and automotive. In addition, rising investments by companies in China and Japan are anticipated to boost market growth over the forecast period.
The Asia Pacific region is home to several prominent players of height gauges such as SEGWAY INC.; Zhejiang Geely Industrial Co., Ltd.; Shanghai Jiajiale Industries Corp; Hyundai Heavy Industries Co., Ltd.; and Kawasaki Heavy Industries Ltd among others. These companies have been making continuous efforts toward product innovation and development with an aim toward enhancing their market share across various applications in different regions worldwide. This has resulted into a significant increase in demand for electronic height gauges across major economies worldwide since past few years which will continue over the next eight years till 2030 AD (Year of Animal).
Growth Factors:
- Increasing demand for electronic height gauges in automotive and aerospace industries due to the accuracy and precision offered by these devices.
- Growing popularity of 3D printing technology, which is used to create prototypes and end-products with high accuracy, is expected to boost the demand for electronic height gauges in the near future.
- Rising awareness about the benefits of using electronic height gauges among small and medium enterprises (SMEs) is anticipated to fuel market growth over the next few years.
- Rapid technological advancements in digital measurement technologies are projected to create new opportunities for growth of the global electronic height gauge market in coming years. 5 Emerging economies such as China, India, Brazil, etc., offer immense potential for growth of this market owing to increasing industrialization and growing investments by leading players therein
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Height Gauges Market Research Report
By Type
Digital Display, Analog, High-precision
By Application
Machining, Inspection and Calibration, Aerospace
By Companies
Starrett, Fowler, Suburban Tool, Penn Tool, MSI-Viking, INSIZE, Qualitest, Accurate Gauging, Alpa Metrology, IMS, Leader Precision Instrument, Mahr Metrology, MITUTOYO, TRIMOS
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Height Gauges Market Report Segments:
The global Electronic Height Gauges market is segmented on the basis of:
Types
Digital Display, Analog, High-precision
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, Inspection and Calibration, Aerospace
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:
- Starrett
- Fowler
- Suburban Tool
- Penn Tool
- MSI-Viking
- INSIZE
- Qualitest
- Accurate Gauging
- Alpa Metrology
- IMS
- Leader Precision Instrument
- Mahr Metrology
- MITUTOYO
- TRIMOS
Highlights of The Electronic Height Gauges 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:
- Digital Display
- Analog
- High-precision
- By Application:
- Machining
- Inspection and Calibration
- Aerospace
- 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 Electronic Height Gauges 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.
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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?
Electronic height gauges are devices that measure the height of a person or object. They can be used to determine the size of an object, or to help people with disabilities.
Some of the major players in the electronic height gauges market are Starrett, Fowler, Suburban Tool, Penn Tool, MSI-Viking, INSIZE, Qualitest, Accurate Gauging, Alpa Metrology, IMS, Leader Precision Instrument, Mahr Metrology, MITUTOYO, TRIMOS.
The electronic height gauges market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Height Gauges 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. Electronic Height Gauges Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Height Gauges Market - Supply Chain
4.5. Global Electronic Height Gauges Market Forecast
4.5.1. Electronic Height Gauges Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Height Gauges Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Height Gauges Market Absolute $ Opportunity
5. Global Electronic Height Gauges 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. Electronic Height Gauges Market Size and Volume Forecast by Type
5.3.1. Digital Display
5.3.2. Analog
5.3.3. High-precision
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Height Gauges 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. Electronic Height Gauges Market Size and Volume Forecast by Application
6.3.1. Machining
6.3.2. Inspection and Calibration
6.3.3. Aerospace
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Height Gauges 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. Electronic Height Gauges 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 Electronic Height Gauges 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. Electronic Height Gauges 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 Electronic Height Gauges Demand Share Forecast, 2019-2026
9. North America Electronic Height Gauges 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 Electronic Height Gauges 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 Electronic Height Gauges Market Size and Volume Forecast by Application
9.4.1. Machining
9.4.2. Inspection and Calibration
9.4.3. Aerospace
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Height Gauges Market Size and Volume Forecast by Type
9.7.1. Digital Display
9.7.2. Analog
9.7.3. High-precision
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 Electronic Height Gauges Demand Share Forecast, 2019-2026
10. Latin America Electronic Height Gauges 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 Electronic Height Gauges 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 Electronic Height Gauges Market Size and Volume Forecast by Application
10.4.1. Machining
10.4.2. Inspection and Calibration
10.4.3. Aerospace
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Height Gauges Market Size and Volume Forecast by Type
10.7.1. Digital Display
10.7.2. Analog
10.7.3. High-precision
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 Electronic Height Gauges Demand Share Forecast, 2019-2026
11. Europe Electronic Height Gauges 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 Electronic Height Gauges 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 Electronic Height Gauges Market Size and Volume Forecast by Application
11.4.1. Machining
11.4.2. Inspection and Calibration
11.4.3. Aerospace
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Height Gauges Market Size and Volume Forecast by Type
11.7.1. Digital Display
11.7.2. Analog
11.7.3. High-precision
11.8. Basis Point Share (BPS) Anlysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth 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 Electronic Height Gauges Demand Share, 2019-2026
12. Asia Pacific Electronic Height Gauges 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 Electronic Height Gauges 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 Electronic Height Gauges Market Size and Volume Forecast by Application
12.4.1. Machining
12.4.2. Inspection and Calibration
12.4.3. Aerospace
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Height Gauges Market Size and Volume Forecast by Type
12.7.1. Digital Display
12.7.2. Analog
12.7.3. High-precision
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 Electronic Height Gauges Demand Share, 2019-2026
13. Middle East & Africa Electronic Height Gauges 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 Electronic Height Gauges 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 Electronic Height Gauges Market Size and Volume Forecast by Application
13.4.1. Machining
13.4.2. Inspection and Calibration
13.4.3. Aerospace
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Height Gauges Market Size and Volume Forecast by Type
13.7.1. Digital Display
13.7.2. Analog
13.7.3. High-precision
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 Electronic Height Gauges Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Height Gauges Market: Market Share Analysis
14.2. Electronic Height Gauges Distributors and Customers
14.3. Electronic Height Gauges Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Starrett
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fowler
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Suburban Tool
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Penn Tool
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MSI-Viking
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. INSIZE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Qualitest
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Accurate Gauging
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alpa Metrology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IMS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Leader Precision Instrument
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mahr Metrology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. MITUTOYO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TRIMOS
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