Market Overview:
The global micro-ohmmeters 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 micro-ohmmeters in laboratory, commercial, and industrial applications. Additionally, the growing demand for portable micro-ohmmeters is also contributing to the growth of this market. North America dominates the global micro-ohmmeters market and is expected to continue its dominance during the forecast period.
Product Definition:
A micro-ohmmeter is a device used to measure the electrical resistance of an object. This device is important because it can help determine the quality and condition of an electrical component or wire.
Stationary Type:
Stationary type is used to measure the resistance between two points in an electric circuit. It works on the principle of self-inductance and magnetic effect. Micro-ohmmeter uses a stationary type for measuring small quantities of current, voltage or resistance and also displays results on digital display.
Portable Type:
The portable type is used to measure the resistance of a material in electrical and electronic applications. It consists of two metal probes with an insulated handle at one end and a connection for electric current at the other end. The portable types are available in different configurations, which include single-probe, double-probe, triple-probe & combination probe sets.
Application Insights:
The market is segmented based on the application into laboratory, commercial and industrial. The laboratory held the largest share of over 60% in 2017. This is attributed to extensive usage of micro-ohmmeters for testing electrical and electronic devices under vacuum conditions. Micro-ohmters are used for measuring small resistive differences between two points, which enables measurement of very low resistance values with high accuracy as compared to conventional ohmmeters that are used at normal room temperature.
Micro-ohmters have wide applications in laboratories where they are used to measure extremely low resistance values below 10 - 12 ohms, which cannot be measured with conventional equipment due to their higher error margins even if they could be measured at normal temperatures.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017. The region is expected to maintain its lead over the forecast period owing to increasing R&D activities and presence of a large number of small- and medium-scale manufacturers. In addition, Asia Pacific has been witnessing strong economic growth since 2015, which is likely to boost demand for lab equipment including micro Ohmmeters over the next eight years.
Europe also held a significant market share in terms of revenue due to early adoption by several laboratories across countries such as Germany, U.K., Switzerland, Netherlands and Belgium among others. Moreover, Europe has been hosting several conferences related to laboratory instruments that are expected to fuel industry growth further during the forecast period from 2018 - 2030 timeframe.
Growth Factors:
- Increasing demand from the automotive and electronics industries for miniaturized, high-precision micro-ohmmeters
- Growing popularity of micro-ohmmeters in research and development laboratories for measuring small electrical currents
- Rising demand for micro-ohmmeters in the medical industry to test implantable medical devices
- Proliferation of portable electronic devices that require accurate measurement of tiny electrical currents
- Technological advancements that have led to the development of more sophisticated and user-friendly micro-ohmmeters
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro-Ohmmeters Market Research Report
By Type
Stationary Type, Portable Type
By Application
Laboratory, Commercial, Industrial
By Companies
Megger Group, Extech Instruments, UNI-T, Thomas Scientific, AEMC Instruments, Seaward, Simpson Electric, IET Labs, Keithley Instruments, Raytech, Megger Group, Vanguard Instruments, Agilent
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Micro-Ohmmeters Market Report Segments:
The global Micro-Ohmmeters market is segmented on the basis of:
Types
Stationary Type, Portable Type
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
Laboratory, Commercial, Industrial
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:
- Megger Group
- Extech Instruments
- UNI-T
- Thomas Scientific
- AEMC Instruments
- Seaward
- Simpson Electric
- IET Labs
- Keithley Instruments
- Raytech
- Megger Group
- Vanguard Instruments
- Agilent
Highlights of The Micro-Ohmmeters 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:
- Stationary Type
- Portable Type
- By Application:
- Laboratory
- Commercial
- Industrial
- 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 Micro-Ohmmeters 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?
Micro-Ohmmeters are a type of ohmmeter that measures small resistance values. They are often used in laboratories to measure the resistance of small electrical circuits.
Some of the major companies in the micro-ohmmeters market are Megger Group, Extech Instruments, UNI-T, Thomas Scientific, AEMC Instruments, Seaward, Simpson Electric, IET Labs, Keithley Instruments, Raytech, Megger Group, Vanguard Instruments, Agilent.
The micro-ohmmeters 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 Micro-Ohmmeters 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 Micro-Ohmmeters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro-Ohmmeters 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 Micro-Ohmmeters 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 Micro-Ohmmeters Market Size & Forecast, 2018-2028
4.5.1 Micro-Ohmmeters Market Size and Y-o-Y Growth
4.5.2 Micro-Ohmmeters Market Absolute $ Opportunity
Chapter 5 Global Micro-Ohmmeters 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 Micro-Ohmmeters Market Size Forecast by Type
5.2.1 Stationary Type
5.2.2 Portable Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micro-Ohmmeters 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 Micro-Ohmmeters Market Size Forecast by Applications
6.2.1 Laboratory
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro-Ohmmeters 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 Micro-Ohmmeters 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 Micro-Ohmmeters Analysis and Forecast
9.1 Introduction
9.2 North America Micro-Ohmmeters 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 Micro-Ohmmeters Market Size Forecast by Type
9.6.1 Stationary Type
9.6.2 Portable Type
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 Micro-Ohmmeters Market Size Forecast by Applications
9.10.1 Laboratory
9.10.2 Commercial
9.10.3 Industrial
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 Micro-Ohmmeters Analysis and Forecast
10.1 Introduction
10.2 Europe Micro-Ohmmeters 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 Micro-Ohmmeters Market Size Forecast by Type
10.6.1 Stationary Type
10.6.2 Portable Type
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 Micro-Ohmmeters Market Size Forecast by Applications
10.10.1 Laboratory
10.10.2 Commercial
10.10.3 Industrial
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 Micro-Ohmmeters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micro-Ohmmeters 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 Micro-Ohmmeters Market Size Forecast by Type
11.6.1 Stationary Type
11.6.2 Portable Type
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 Micro-Ohmmeters Market Size Forecast by Applications
11.10.1 Laboratory
11.10.2 Commercial
11.10.3 Industrial
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 Micro-Ohmmeters Analysis and Forecast
12.1 Introduction
12.2 Latin America Micro-Ohmmeters 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 Micro-Ohmmeters Market Size Forecast by Type
12.6.1 Stationary Type
12.6.2 Portable Type
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 Micro-Ohmmeters Market Size Forecast by Applications
12.10.1 Laboratory
12.10.2 Commercial
12.10.3 Industrial
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) Micro-Ohmmeters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micro-Ohmmeters 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) Micro-Ohmmeters Market Size Forecast by Type
13.6.1 Stationary Type
13.6.2 Portable Type
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) Micro-Ohmmeters Market Size Forecast by Applications
13.10.1 Laboratory
13.10.2 Commercial
13.10.3 Industrial
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 Micro-Ohmmeters Market: Competitive Dashboard
14.2 Global Micro-Ohmmeters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Megger Group
14.3.2 Extech Instruments
14.3.3 UNI-T
14.3.4 Thomas Scientific
14.3.5 AEMC Instruments
14.3.6 Seaward
14.3.7 Simpson Electric
14.3.8 IET Labs
14.3.9 Keithley Instruments
14.3.10 Raytech
14.3.11 Megger Group
14.3.12 Vanguard Instruments
14.3.13 Agilent
