Market Overview:
The global laser thickness gauge for coil, strip and sheet market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for laser thickness gauges from various end-use industries such as automotive, electronic, metalworking and others. In addition, the growing demand for continuous materials is also fueling the growth of this market.
Product Definition:
A Laser Thickness Gauge for Coil, Strip and Sheet is a device that uses laser technology to measure the thickness of a material. This type of gauge is important because it can provide an accurate measurement of the material thickness, which can be used to ensure that the material meets specific specifications.
In-Line:
In-line is a device used to measure the thickness of a material or part in its own length. It's basically an advanced version of vernier callipers, which can be used for both thick and thin materials. In-line gauges are mainly applied to coil, strip and sheet metal products as they have high production rates.
Off-Line:
The off-line system is used to measure the thickness of a coil, strip or sheet. It's an offline measurement process that uses a laser beam to scan the surface of the workpiece and record its reflection. The recorded data is then transferred to a computer where it is analyzed and displayed in terms of gauge length, average thickness and maximum thickness.
Application Insights:
The automotive industry accounted for the largest share in terms of application and was valued at USD 8.96 billion in 2017. The industry requires a large number of different materials with different characteristics, such as high strength, corrosion resistance, ductility and malleability. Laser technology helps determine the thickness of these sheets and strips with great accuracy which is highly beneficial to automakers who are trying to reduce vehicle weight by reducing metal content in car bodywork.
Electronic industry accounted for a significant share on account of increasing demand from microelectronics applications including PCBs (Printed Circuit Boards), space blankets, wires & cables etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for laser thickness gauges from various end-use industries in countries such as China, India, Japan and South Korea. Rapid industrialization coupled with rising investments in manufacturing facilities by major companies will drive the demand further.
The Asia Pacific region is home to several OEMs that manufacture electronic products on a large scale using automated machinery and high-end technology. This has led to an increase in production of electronics goods across this region which will boost product adoption over the next eight years or so.
North America accounted for more than 20% of global revenue share in 2017 owing to presence of numerous manufacturers operating at international level along with well established supply chain network within U.S.
Growth Factors:
- Increasing demand from end-use industries: The global market for laser thickness gauges is projected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from end-use industries such as automotive, aerospace & defense, and construction.
- Technological advancements: The development of new and innovative technologies in the field of laser thickness gauging is expected to fuel the growth of this market during the forecast period.
- Rising popularity of online shopping: The growing popularity of online shopping is another key factor that is expected to drive the growth of this market during the forecast period.
- Growing awareness about benefits offered by laser thickness gauges: There has been a rise in awareness about benefits offered by laser thickness gauges among consumers in recent years, which is likely to boost demand for these devices in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Thickness Gauge for Coil, Strip and Sheet Market Research Report
By Type
In-Line, Off-Line
By Application
Automotive Industry, Electronic Industry, Metalworking, OEM-Applications, Weld Seam Tracking, Continuous Materials, Others
By Companies
Micro-Epsilon, LAP, Thermo Scientific, MTI Instruments, NDC Technologies, Moduloc, Vollmer, Fagus GreCon, Advanced Gauging Technologies, Toshiba, Micro-Epsilon, ROLAND ELECTRONIC, RODER, Global Gauge, nokra
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Laser Thickness Gauge for Coil, Strip and Sheet Market Report Segments:
The global Laser Thickness Gauge for Coil, Strip and Sheet market is segmented on the basis of:
Types
In-Line, Off-Line
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
Automotive Industry, Electronic Industry, Metalworking, OEM-Applications, Weld Seam Tracking, Continuous Materials, 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:
- Micro-Epsilon
- LAP
- Thermo Scientific
- MTI Instruments
- NDC Technologies
- Moduloc
- Vollmer
- Fagus GreCon
- Advanced Gauging Technologies
- Toshiba
- Micro-Epsilon
- ROLAND ELECTRONIC
- RODER
- Global Gauge
- nokra
Highlights of The Laser Thickness Gauge for Coil, Strip and Sheet 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:
- In-Line
- Off-Line
- By Application:
- Automotive Industry
- Electronic Industry
- Metalworking
- OEM-Applications
- Weld Seam Tracking
- Continuous Materials
- 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 Laser Thickness Gauge for Coil, Strip and Sheet 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?
A laser thickness gauge is a device used to measure the thickness of a material using a laser beam.
Some of the major players in the laser thickness gauge for coil, strip and sheet market are Micro-Epsilon, LAP, Thermo Scientific, MTI Instruments, NDC Technologies, Moduloc, Vollmer, Fagus GreCon, Advanced Gauging Technologies, Toshiba, Micro-Epsilon, ROLAND ELECTRONIC, RODER, Global Gauge, nokra.
The laser thickness gauge for coil, strip and sheet market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size & Forecast, 2018-2028
4.5.1 Laser Thickness Gauge for Coil, Strip and Sheet Market Size and Y-o-Y Growth
4.5.2 Laser Thickness Gauge for Coil, Strip and Sheet Market Absolute $ Opportunity
Chapter 5 Global Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Type
5.2.1 In-Line
5.2.2 Off-Line
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Electronic Industry
6.2.3 Metalworking
6.2.4 OEM-Applications
6.2.5 Weld Seam Tracking
6.2.6 Continuous Materials
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Analysis and Forecast
9.1 Introduction
9.2 North America Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Type
9.6.1 In-Line
9.6.2 Off-Line
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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Electronic Industry
9.10.3 Metalworking
9.10.4 OEM-Applications
9.10.5 Weld Seam Tracking
9.10.6 Continuous Materials
9.10.7 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 Laser Thickness Gauge for Coil, Strip and Sheet Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Type
10.6.1 In-Line
10.6.2 Off-Line
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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Electronic Industry
10.10.3 Metalworking
10.10.4 OEM-Applications
10.10.5 Weld Seam Tracking
10.10.6 Continuous Materials
10.10.7 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 Laser Thickness Gauge for Coil, Strip and Sheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Type
11.6.1 In-Line
11.6.2 Off-Line
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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Electronic Industry
11.10.3 Metalworking
11.10.4 OEM-Applications
11.10.5 Weld Seam Tracking
11.10.6 Continuous Materials
11.10.7 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 Laser Thickness Gauge for Coil, Strip and Sheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Thickness Gauge for Coil, Strip and Sheet 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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Type
12.6.1 In-Line
12.6.2 Off-Line
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 Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Electronic Industry
12.10.3 Metalworking
12.10.4 OEM-Applications
12.10.5 Weld Seam Tracking
12.10.6 Continuous Materials
12.10.7 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) Laser Thickness Gauge for Coil, Strip and Sheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Thickness Gauge for Coil, Strip and Sheet 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) Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Type
13.6.1 In-Line
13.6.2 Off-Line
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) Laser Thickness Gauge for Coil, Strip and Sheet Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Electronic Industry
13.10.3 Metalworking
13.10.4 OEM-Applications
13.10.5 Weld Seam Tracking
13.10.6 Continuous Materials
13.10.7 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 Laser Thickness Gauge for Coil, Strip and Sheet Market: Competitive Dashboard
14.2 Global Laser Thickness Gauge for Coil, Strip and Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Micro-Epsilon
14.3.2 LAP
14.3.3 Thermo Scientific
14.3.4 MTI Instruments
14.3.5 NDC Technologies
14.3.6 Moduloc
14.3.7 Vollmer
14.3.8 Fagus GreCon
14.3.9 Advanced Gauging Technologies
14.3.10 Toshiba
14.3.11 Micro-Epsilon
14.3.12 ROLAND ELECTRONIC
14.3.13 RODER
14.3.14 Global Gauge
14.3.15 nokra
