Market Overview:
The global industrial resistivity meters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial resistivity meters from various end-use industries, such as semiconductor, electrical and others. In addition, the growing demand for double detection type industrial resistivity meters is also contributing to the growth of this market. However, factors such as high cost and lack of awareness about these products are restraining the growth of this market. On the basis of type, the global industrial resistivity meters market can be segmented into double detection and single detection types.
Product Definition:
An industrial resistivity meter is used to measure the electrical resistivity of a material. This information can be used to determine the suitability of a material for use in an electrical application, such as a transformer. The importance of industrial resistivity meters is that they provide accurate measurements that can help ensure the safety and reliability of electrical systems.
Double Detection:
Double detection is a technology that uses two different detection methods to provide an accurate reading. The first method is used to detect the presence of water and other conductive materials while the second method measures resistance directly.
The growth factor in this market is increasing demand for advanced technologies such as double detection, smart grids, wireless networks and cloud computing which are boosting industrial resistivity meters demand across various industries including power generation & distribution, oil & gas and manufacturing among others.
Single Detection:
Single detection is a method of measuring the current that uses only one detector at a time. It reduces measurement errors and provides more efficient use of test equipment by reducing power losses. The single detection method is used in industrial resistivity meters to measure current up to 1 A, which makes it an ideal solution for general-purpose testing and high-current measurements, such as those required during electrical inspection or maintenance work.
Application Insights:
The industrial circuit segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for electrical and electronic products across various end-use industries such as automotive, healthcare, consumer electronics and appliances among others. Circuit breakers are used to protect equipment from electric shock by limiting the current flow through them. A large number of industrial resistivity meters are used for measuring circuit resistance at a specific point or along a given path in order to measure power distribution or transformers on an electrical grid system etcetera.
Semiconductor manufacturing is one of the most advanced.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing high demand for RMM solutions owing to increasing industrialization, coupled with rising awareness regarding safety standards. China accounts for a major share in terms of production as well as consumption of resistivity meters across the globe.
The European market is anticipated to grow at a significant rate over the forecast period, owing to stringent regulations pertaining to industrial safety standards and growing awareness among end-users about their legal obligations towards maintaining safe working conditions within their plants/premises. Germany accounted for more than 20% revenue share within Europe in 2017 on account of high product adoption rates by various industries operating within this country’s borders, including electrical & electronics and automotive sectors.
In North America, U.S.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and defense
- Growing popularity of industrial resistivity meters in Asia Pacific region
- Rising investments by leading players to develop innovative products
- Proliferation of internet of things (IoT) and big data analytics for predictive maintenance
- Growing demand for automated testing systems in manufacturing sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Resistivity Meters Market Research Report
By Type
Double Detection, Single Detection
By Application
Industrial Circuit, Semiconductor, Electrical, Others
By Companies
HORIBA, SHARANG CORPORATION, HuaCe YQ, ZhiDeChuangXin, Suzhou Jingge Electronics Co., Ltd., ZJROOKO, KunDeKJ, UCeTech, Shanghai Chengci Electronic Co., Ltd.
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Resistivity Meters Market Report Segments:
The global Industrial Resistivity Meters market is segmented on the basis of:
Types
Double Detection, Single Detection
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
Industrial Circuit, Semiconductor, Electrical, Others
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:
- HORIBA
- SHARANG CORPORATION
- HuaCe YQ
- ZhiDeChuangXin
- Suzhou Jingge Electronics Co., Ltd.
- ZJROOKO
- KunDeKJ
- UCeTech
- Shanghai Chengci Electronic Co., Ltd.
Highlights of The Industrial Resistivity Meters 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:
- Double Detection
- Single Detection
- By Application:
- Industrial Circuit
- Semiconductor
- Electrical
- Others
- 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 Industrial Resistivity Meters 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?
Industrial resistivity meters are used to measure the electrical resistance of materials.
Some of the key players operating in the industrial resistivity meters market are HORIBA, SHARANG CORPORATION, HuaCe YQ, ZhiDeChuangXin, Suzhou Jingge Electronics Co., Ltd., ZJROOKO, KunDeKJ, UCeTech, Shanghai Chengci Electronic Co., Ltd..
The industrial resistivity meters 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 Industrial Resistivity Meters 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 Industrial Resistivity Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Resistivity Meters 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 Industrial Resistivity Meters 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 Industrial Resistivity Meters Market Size & Forecast, 2020-2028
4.5.1 Industrial Resistivity Meters Market Size and Y-o-Y Growth
4.5.2 Industrial Resistivity Meters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Double Detection
5.2.2 Single Detection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial Circuit
6.2.2 Semiconductor
6.2.3 Electrical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Resistivity Meters 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 Industrial Resistivity Meters 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Double Detection
9.6.2 Single Detection
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 Market Size Forecast by Applications
9.10.1 Industrial Circuit
9.10.2 Semiconductor
9.10.3 Electrical
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Double Detection
10.6.2 Single Detection
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 Market Size Forecast by Applications
10.10.1 Industrial Circuit
10.10.2 Semiconductor
10.10.3 Electrical
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Double Detection
11.6.2 Single Detection
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 Market Size Forecast by Applications
11.10.1 Industrial Circuit
11.10.2 Semiconductor
11.10.3 Electrical
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Double Detection
12.6.2 Single Detection
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 Market Size Forecast by Applications
12.10.1 Industrial Circuit
12.10.2 Semiconductor
12.10.3 Electrical
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Double Detection
13.6.2 Single Detection
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) Market Size Forecast by Applications
13.10.1 Industrial Circuit
13.10.2 Semiconductor
13.10.3 Electrical
13.10.4 Others
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 Industrial Resistivity Meters Market: Competitive Dashboard
14.2 Global Industrial Resistivity Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HORIBA
14.3.2 SHARANG CORPORATION
14.3.3 HuaCe YQ
14.3.4 ZhiDeChuangXin
14.3.5 Suzhou Jingge Electronics Co., Ltd.
14.3.6 ZJROOKO
14.3.7 KunDeKJ
14.3.8 UCeTech
14.3.9 Shanghai Chengci Electronic Co., Ltd.
