Market Overview:
The global microohmmeters 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 microohmmeters in various applications such as automotive, aircraft & aerospace, medical, energy, electrics and others. Additionally, the growing demand for portable milliohm meters is also contributing to the growth of this market. However, factors such as high cost of microohmmeters and lack of awareness about these devices are restraining the growth of this market.
Product Definition:
A microohm meter is an instrument used to measure very low electrical resistance, typically in the range of 10-6 to 10-9 ohms. Microohm meters are used in a variety of applications, including research and development, quality control and product testing. Their accuracy and sensitivity make them ideal for measuring the resistance of very small components or circuits.
Portable Milliohm Meters:
Portable milliohm meters are used to measure the resistance of materials in high vacuum and low temperature conditions. Milliohm is a unit for measuring viscosity or thickness which is derived from the SI base units of kilograms per meter and amperes. The most commonly used material for making a portable millimeter meter is silicon, because it has good electrical properties, can be manufactured easily as well as be available in bulk quantities.
Benchtop Milliohm Meters:
Benchtop milliohm meters (Milsimeter) are used for measuring the thickness of films and layers during the production of semiconductors, integrated circuits and flat panel displays. They are also used in other industries including automotive, aerospace & defense, printing & imaging.
The mil is a unit of measurement for electrical conductance or resistivity; 1 mA is equal to 0.001 A.
Application Insights:
The energy segment dominated the global microohmmeters market in terms of revenue share in 2017. The growing demand for miniaturized ohmmeter devices to measure small electrical and electronic components is expected to drive the growth of this segment over the forecast period. Microohmmeters are used extensively across several industries such as medical, automotive, aerospace & defense, electronics and power generation for various applications such as circuit testing, component sizing and measurement of resistors/capacitors/diode etc.
Microohmmeters have a wide range of uses in aircraft & aerospace industry including measuring electric circuits with low resistance or high current capacity that require precision instrumentation. They are also used by metallurgists who study metal properties on a molecular scale to determine if an alloy can withstand high temperatures without undergoing any structural changes or breaking down into its constituent elements (Alloys).
Regional Analysis:
Asia Pacific region held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing manufacturing sector, especially in China, India, Japan and South Korea. Rising demand for consumer electronics such as smartphones and laptops has led to an increase in production activities across these countries. This trend is projected to continue over the coming years which will have a positive impact on regional market growth.
Europe microohmmeters industry accounted for more than 20% of global revenue share in 2017 owing to high product adoption by medical & healthcare sectors due mainly to rising geriatric population base across European countries such as Germany, France Italy Spain etc.
Growth Factors:
- Increasing demand for miniaturized and portable devices
- Rising popularity of micro-sized and nano-sized products
- Growing need for accurate and precise measurements in research and development laboratories
- Proliferation of smart technologies across different industry verticals
- Rising awareness about the benefits of using microohmmeters in manufacturing processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Microohmmeters Market Research Report
By Type
Portable Milliohm Meters, Benchtop Milliohm Meters
By Application
Automotive, Aircraft & Aerospace, Medical, Energy, Electrics, Others
By Companies
Extech Instruments, Megger, AEMC, B&K Precision, PCE Instruments, Seaward Cropico, GW Instek, Martindale Electric, Amprobe, Chroma ATE Inc., Hioki, Sefelec (Eaton), PROVA, TEGAM Inc, Major Tech, Rhopoint Instruments, Keysight, Gossen Metrawatt
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Microohmmeters Market Report Segments:
The global Microohmmeters market is segmented on the basis of:
Types
Portable Milliohm Meters, Benchtop Milliohm Meters
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, Aircraft & Aerospace, Medical, Energy, Electrics, 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:
- Extech Instruments
- Megger
- AEMC
- B&K Precision
- PCE Instruments
- Seaward Cropico
- GW Instek
- Martindale Electric
- Amprobe
- Chroma ATE Inc.
- Hioki
- Sefelec (Eaton)
- PROVA
- TEGAM Inc
- Major Tech
- Rhopoint Instruments
- Keysight
- Gossen Metrawatt
Highlights of The Microohmmeters 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:
- Portable Milliohm Meters
- Benchtop Milliohm Meters
- By Application:
- Automotive
- Aircraft & Aerospace
- Medical
- Energy
- Electrics
- 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 Microohmmeters 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?
Microohmmeters are a type of instrument used to measure small distances.
Some of the key players operating in the microohmmeters market are Extech Instruments, Megger, AEMC, B&K Precision, PCE Instruments, Seaward Cropico, GW Instek, Martindale Electric, Amprobe, Chroma ATE Inc., Hioki, Sefelec (Eaton), PROVA, TEGAM Inc, Major Tech, Rhopoint Instruments, Keysight, Gossen Metrawatt.
The microohmmeters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microohmmeters 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 Microohmmeters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Microohmmeters 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 Microohmmeters 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 Microohmmeters Market Size & Forecast, 2020-2028 4.5.1 Microohmmeters Market Size and Y-o-Y Growth 4.5.2 Microohmmeters 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 Portable Milliohm Meters
5.2.2 Benchtop Milliohm Meters
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 Automotive
6.2.2 Aircraft & Aerospace
6.2.3 Medical
6.2.4 Energy
6.2.5 Electrics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microohmmeters 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 Microohmmeters 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 Portable Milliohm Meters
9.6.2 Benchtop Milliohm Meters
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 Automotive
9.10.2 Aircraft & Aerospace
9.10.3 Medical
9.10.4 Energy
9.10.5 Electrics
9.10.6 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 Portable Milliohm Meters
10.6.2 Benchtop Milliohm Meters
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 Automotive
10.10.2 Aircraft & Aerospace
10.10.3 Medical
10.10.4 Energy
10.10.5 Electrics
10.10.6 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 Portable Milliohm Meters
11.6.2 Benchtop Milliohm Meters
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 Automotive
11.10.2 Aircraft & Aerospace
11.10.3 Medical
11.10.4 Energy
11.10.5 Electrics
11.10.6 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 Portable Milliohm Meters
12.6.2 Benchtop Milliohm Meters
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 Automotive
12.10.2 Aircraft & Aerospace
12.10.3 Medical
12.10.4 Energy
12.10.5 Electrics
12.10.6 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 Portable Milliohm Meters
13.6.2 Benchtop Milliohm Meters
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 Automotive
13.10.2 Aircraft & Aerospace
13.10.3 Medical
13.10.4 Energy
13.10.5 Electrics
13.10.6 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 Microohmmeters Market: Competitive Dashboard
14.2 Global Microohmmeters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Extech Instruments
14.3.2 Megger
14.3.3 AEMC
14.3.4 B&K Precision
14.3.5 PCE Instruments
14.3.6 Seaward Cropico
14.3.7 GW Instek
14.3.8 Martindale Electric
14.3.9 Amprobe
14.3.10 Chroma ATE Inc.
14.3.11 Hioki
14.3.12 Sefelec (Eaton)
14.3.13 PROVA
14.3.14 TEGAM Inc
14.3.15 Major Tech
14.3.16 Rhopoint Instruments
14.3.17 Keysight
14.3.18 Gossen Metrawatt