Market Overview:
The global electronic micrometer 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 devices in various industries such as equipment manufacturing, scientific research, and experiment. In addition, the growing demand for electronic micrometers from emerging economies is also contributing to the growth of this market. However, factors such as high cost of electronic micrometers and lack of awareness about these devices are restraining its growth. On the basis of type, stainless steel accounted for a major share of the global electronic micrometer market in 2017. This can be attributed to its properties such as corrosion resistance and durability that make it suitable for use in various applications.
Product Definition:
An electronic micrometer is a device used to measure the thickness or width of very small objects. It works by using a laser to measure the distance between two points on an object and then calculating that distance using complex math. Electronic micrometers are important because they can provide incredibly accurate measurements, which is especially important for scientific and medical applications.
Stainless Steel:
Stainless steel is a widely used material in the electronic industry for micrometer applications. It has several superior properties such as corrosion resistance, high strength, and easy to fabricate characteristics which make it suitable for use in these applications.
Stainless steel wire has been traditionally used as a probe material owing to its low cost and easy availability.
Titanium Steel:
Titanium steel is a type of metal that is strong, lightweight and corrosion resistant. It has the highest strength to weight ratio of any metal. It also has good electrical and thermal conductivity properties which make it suitable for use in various applications including electronic micrometer sensors. Electronic Micrometer measures liquid, gas or solid with the help of vibration based technology using membrane transducers.
Application Insights:
The equipment manufacturing industry dominated the global electronic micrometer market in terms of revenue share in 2017. The growth can be attributed to the rising demand for precision measuring instruments from various industries such as automotive, aerospace and defense among others. Electronic micrometers are used to measure small distances with high accuracy in various measuring applications including material thickness, gear tooth size, sprocket hole size and many more.
Electronic digital micrometers offer features such as auto-ranging display which makes it easy to read even very small values (down to 0.0001").
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for technologically advanced and high precision equipment from various application industries in North America. Asia Pacific is anticipated to witness significant growth over the coming years owing to rapid industrialization, expanding manufacturing sector, rising population, and improving economic conditions in various countries including China, India, Indonesia among others are expected drive regional growth over the next eight years.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-precision measurements
- Growing popularity of micrometers in educational institutions for training students in metrology
- Rising demand for electronic micrometers from small and medium-sized enterprises (SMEs)
- Technological advancements that have led to the development of new and innovative electronic micrometers
- Increased awareness about the benefits of using electronic micrometers among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Micrometer Market Research Report
By Type
Stainless Steel, Titanium Steel, Other
By Application
Equipment Manufacturing Industry, Scientific Research, Experiment, Other
By Companies
Aeroel srl, Alpa Metrology, Bocchi, MICROTECH, MITUTOYO, Moore & Wright, Pratt & Whitney, STARRETT, Bowers Group, DIATEST, Aeroel srl, LaserLinc, MAHR, MARPOSS, MICRO-EPSILON
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Micrometer Market Report Segments:
The global Electronic Micrometer market is segmented on the basis of:
Types
Stainless Steel, Titanium Steel, Other
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
Equipment Manufacturing Industry, Scientific Research, Experiment, Other
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:
- Aeroel srl
- Alpa Metrology
- Bocchi
- MICROTECH
- MITUTOYO
- Moore & Wright
- Pratt & Whitney
- STARRETT
- Bowers Group
- DIATEST
- Aeroel srl
- LaserLinc
- MAHR
- MARPOSS
- MICRO-EPSILON
Highlights of The Electronic Micrometer 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:
- Stainless Steel
- Titanium Steel
- Other
- By Application:
- Equipment Manufacturing Industry
- Scientific Research
- Experiment
- Other
- 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 Micrometer 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?
An electronic micrometer is a device that measures small distances or angles. It typically uses an LED light to illuminate the object being measured, and a photocell to detect the amount of light reflected back from the object. This information is then used to calculate the distance or angle between two points on the instrument's surface.
Some of the key players operating in the electronic micrometer market are Aeroel srl, Alpa Metrology, Bocchi, MICROTECH, MITUTOYO, Moore & Wright, Pratt & Whitney, STARRETT, Bowers Group, DIATEST, Aeroel srl, LaserLinc, MAHR, MARPOSS, MICRO-EPSILON.
The electronic micrometer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Micrometer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Micrometer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Micrometer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Micrometer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Micrometer Market Size & Forecast, 2018-2028
4.5.1 Electronic Micrometer Market Size and Y-o-Y Growth
4.5.2 Electronic Micrometer Market Absolute $ Opportunity
Chapter 5 Global Electronic Micrometer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Micrometer Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Titanium Steel
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Micrometer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Micrometer Market Size Forecast by Applications
6.2.1 Equipment Manufacturing Industry
6.2.2 Scientific Research
6.2.3 Experiment
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Micrometer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Micrometer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Micrometer Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Micrometer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Micrometer Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Titanium Steel
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Micrometer Market Size Forecast by Applications
9.10.1 Equipment Manufacturing Industry
9.10.2 Scientific Research
9.10.3 Experiment
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Micrometer Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Micrometer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Micrometer Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Titanium Steel
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Micrometer Market Size Forecast by Applications
10.10.1 Equipment Manufacturing Industry
10.10.2 Scientific Research
10.10.3 Experiment
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Micrometer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Micrometer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Micrometer Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Titanium Steel
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Micrometer Market Size Forecast by Applications
11.10.1 Equipment Manufacturing Industry
11.10.2 Scientific Research
11.10.3 Experiment
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Micrometer Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Micrometer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Micrometer Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Titanium Steel
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Micrometer Market Size Forecast by Applications
12.10.1 Equipment Manufacturing Industry
12.10.2 Scientific Research
12.10.3 Experiment
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Micrometer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Micrometer Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Micrometer Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Titanium Steel
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Micrometer Market Size Forecast by Applications
13.10.1 Equipment Manufacturing Industry
13.10.2 Scientific Research
13.10.3 Experiment
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Micrometer Market: Competitive Dashboard
14.2 Global Electronic Micrometer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aeroel srl
14.3.2 Alpa Metrology
14.3.3 Bocchi
14.3.4 MICROTECH
14.3.5 MITUTOYO
14.3.6 Moore & Wright
14.3.7 Pratt & Whitney
14.3.8 STARRETT
14.3.9 Bowers Group
14.3.10 DIATEST
14.3.11 Aeroel srl
14.3.12 LaserLinc
14.3.13 MAHR
14.3.14 MARPOSS
14.3.15 MICRO-EPSILON
