Market Overview:
The Global Roundness Measuring Instrument Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for roundness measuring instruments in various applications such as electronic, mechanical, automotive, industrial and textile sectors. In addition, the growing demand for high-precision roundness measurement devices is also fueling the market growth. However, factors such as lack of awareness about roundness measurement and its applications may restrain the market growth during the forecast period. On basis of type, rotating table segment is expected to hold major share in global roundness measuring instrument market during forecast period owing to its ability to measure larger parts with higher accuracy as compared to shaft rotation type devices.
Product Definition:
A roundness measuring instrument is used to measure the roundness of an object. This is important because it can help ensure that objects are manufactured with the correct shape and size.
Measuring Shaft Rotation type:
The global roundness measuring instrument market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for measurement of shaft rotation in the manufacturing industries is anticipated to drive growth during the forecast period.
Roundness measuring instruments are used by manufacturers, automotive OEMs,.
Rotating Table:
The rotating table is a device used to measure the roundness of an object. It consists of a horizontal axle, which can be driven by an electric or manual motor and a vertical axis, which is mounted on the surface on which the measurement is to be taken. The rotation angle between these two axes provides information about the shape of an object.
Rotating tables are widely used in industries such as foundry, machine tooling, automobile manufacturing.
Application Insights:
The roundness measuring instrument market is segmented by application into electronic, mechanical, car, industrial and textile. The electronic application segment dominated the global roundness measuring instrument market in 2017 owing to the increasing demand for precision electronics. Electronic devices such as smartphones and laptops use a variety of components including microcontrollers which are manufactured using semiconductor technology with features like high accuracy, low power consumption etcetera. These factors are expected to drive the demand for rotational robots that can produce these components at an increased rate leading to increased investments by companies in R&D activities related to this sector over the coming years.
The mechanical application segment is expected to grow at a CAGR of XX% from 2018-2030 on account of rising applications across industries such as automotive or heavy machinery manufacturing where precision measurement plays an important role is measured against other processes during production stages or quality control tests etcetera.
Regional Analysis:
Asia Pacific dominated the global roundness measuring instrument market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing foreign investments and favorable government policies for manufacturing facilities in the region. In addition, rising disposable income of consumers coupled with rapid industrialization has led to an increase in demand for consumer electronics products such as mobiles, tablets, laptops and cameras which are major applications of roundness gauges.
The European market is anticipated to grow at a moderate pace over the forecast period owing to stringent regulations regarding dimensional accuracy imposed by various regulatory bodies such as American Petroleum Institute (API), American National Standards Institute (ANSI) and European Union (EU). However, technological advancements related to oil exploration activities are projectededto boost product adoption thereby supporting regional growth during the forecast period. North America also accounted for a significant revenue share due its large number of oil reserves which require accurate measurement tools for well drilling activities.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-precision roundness measuring instruments.
- Growing popularity of 3D printing and other additive manufacturing technologies, which require high-precision roundness measurements for producing quality products.
- Rising demand from the medical device industry for accurate roundness measurements in the production of implants and other medical devices.
- Increasing use of roundness measuring instruments in research and development activities to improve product design and performance.
- Technological advancements that have led to the development of new and more sophisticated roundness measuring instruments, making them more affordable and accessible to a wider range of users
Scope Of The Report
Report Attributes
Report Details
Report Title
Roundness Measuring Instrument Market Research Report
By Type
Measuring Shaft Rotation type, Rotating Table
By Application
Eletronic, Mechanical, Car, Insdustrial, Textile
By Companies
Tokyo Seimitsu Co Ltd, Taylor Hobson, Mitutoyo Corporation, Carl Zeiss Ag, Kerley Corporation, Mahr, Keyence, Chauvin Arnoux, Willrich Precision Instrument, Tqm Itaca Technology
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Roundness Measuring Instrument Market Report Segments:
The global Roundness Measuring Instrument market is segmented on the basis of:
Types
Measuring Shaft Rotation type, Rotating Table
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
Eletronic, Mechanical, Car, Insdustrial, Textile
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:
- Tokyo Seimitsu Co Ltd
- Taylor Hobson
- Mitutoyo Corporation
- Carl Zeiss Ag
- Kerley Corporation
- Mahr
- Keyence
- Chauvin Arnoux
- Willrich Precision Instrument
- Tqm Itaca Technology
Highlights of The Roundness Measuring Instrument 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:
- Measuring Shaft Rotation type
- Rotating Table
- By Application:
- Eletronic
- Mechanical
- Car
- Insdustrial
- Textile
- 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 Roundness Measuring Instrument 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
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- Consumer Insights
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- Product & Brand Management
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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?
The Roundness Measuring Instrument (RMI) is a device used to measure the roundness of an object.
Some of the major players in the roundness measuring instrument market are Tokyo Seimitsu Co Ltd, Taylor Hobson, Mitutoyo Corporation, Carl Zeiss Ag, Kerley Corporation, Mahr, Keyence, Chauvin Arnoux, Willrich Precision Instrument, Tqm Itaca Technology.
The roundness measuring instrument 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 Roundness Measuring Instrument 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 Roundness Measuring Instrument Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Roundness Measuring Instrument 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 Roundness Measuring Instrument 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 Roundness Measuring Instrument Market Size & Forecast, 2020-2028
4.5.1 Roundness Measuring Instrument Market Size and Y-o-Y Growth
4.5.2 Roundness Measuring Instrument 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 Measuring Shaft Rotation type
5.2.2 Rotating Table
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 Eletronic
6.2.2 Mechanical
6.2.3 Car
6.2.4 Insdustrial
6.2.5 Textile
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roundness Measuring Instrument 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 Roundness Measuring Instrument 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 Measuring Shaft Rotation type
9.6.2 Rotating Table
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 Eletronic
9.10.2 Mechanical
9.10.3 Car
9.10.4 Insdustrial
9.10.5 Textile
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 Measuring Shaft Rotation type
10.6.2 Rotating Table
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 Eletronic
10.10.2 Mechanical
10.10.3 Car
10.10.4 Insdustrial
10.10.5 Textile
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 Measuring Shaft Rotation type
11.6.2 Rotating Table
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 Eletronic
11.10.2 Mechanical
11.10.3 Car
11.10.4 Insdustrial
11.10.5 Textile
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 Measuring Shaft Rotation type
12.6.2 Rotating Table
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 Eletronic
12.10.2 Mechanical
12.10.3 Car
12.10.4 Insdustrial
12.10.5 Textile
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 Measuring Shaft Rotation type
13.6.2 Rotating Table
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 Eletronic
13.10.2 Mechanical
13.10.3 Car
13.10.4 Insdustrial
13.10.5 Textile
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 Roundness Measuring Instrument Market: Competitive Dashboard
14.2 Global Roundness Measuring Instrument Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tokyo Seimitsu Co Ltd
14.3.2 Taylor Hobson
14.3.3 Mitutoyo Corporation
14.3.4 Carl Zeiss Ag
14.3.5 Kerley Corporation
14.3.6 Mahr
14.3.7 Keyence
14.3.8 Chauvin Arnoux
14.3.9 Willrich Precision Instrument
14.3.10 Tqm Itaca Technology
