Market Overview:
The global hardmeter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hardmeters from various end-use industries, such as metals, plastics, rubber, and others. In addition, the growing awareness about quality control and product reliability is also propelling the growth of this market. The brinellhardmeter segment is projected to leadthe global hardometermarket duringthe forecast period owingto its high accuracy and precision levels compared to other types of hardmeters.
Product Definition:
A device used to measure the hardness of a material.
Brinell Hardmeter:
Brinell Hardmeter is a non-destructive testing device used to measure the hardness of steel and other ferrous materials. It works on the principle of impact mechanics, which involves dropping a weight onto the material being tested. The harder the material, the more force is required to achieve an equivalent drop in terms of mass or volume.
The Brinell Hardmeter has two major applications one as a dimensional measuring instrument.
Vickers Hardmeter:
Vickers hardness meter is a device used to measure the resistance of materials to deformation or stress. It is an instrument that provides a visual indication of the toughness or brittleness of metals by observing their ability to sustain impact before breaking.
The Vicker's Hardmeter consists of two metal plates, one above the other, and connected by springs; when subjected to mechanical stress, these springs move in response and generate an electrical signal.
Application Insights:
The metals segment dominated the global hardmeter market in 2017 and is expected to witness significant growth over the forecast period. Metals are generally considered as a tough material owing to their ability to resist deformation under pressure. Hence, hardness testing equipment is used for measuring hardness of these materials during production process or after completion of product assembly line.
Rubber application segment was valued at USD 55.0 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030, attributed due its high demand globally as an essential commodity with wide applications including tires, tubes, belts & footwear components among others. Rubber compounders need rubber test specimens that comply with quality standards so that they can check if the final product meets specifications before it leaves their plant floor for distribution or sale through channels such as showrooms or retail stores.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for metallurgical testing equipment from developing countries such as China, India, and Japan. Moreover, rising investments by governments in these regions are also anticipated to drive product demand during the forecast period.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high penetration rates of hardmeters used for material testing across several industries including construction, automotive, aerospace & defense among others.
Growth Factors:
- Increasing demand for energy efficiency and sustainability in the industrial sector
- Rapid growth of the construction industry in developing countries
- Proliferation of smart meters and other digital technologies that facilitate data-driven decision making
- Growing awareness of the benefits of using hard meters among consumers and businesses alike
- Regulatory reforms encouraging energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardmeter Market Research Report
By Type
Brinell Hardmeter, Vickers Hardmeter, Rockwell Hardmeter, Others
By Application
Metals, Plastics, Rubber, Others
By Companies
Wilson, Elcometer, PCE Instruments, Mitutoyo, Zwick Roell, Fine, Akash Industries, Struers, Innovatest Europe BV, Shimadzu, Chennai Metco
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Hardmeter Market Report Segments:
The global Hardmeter market is segmented on the basis of:
Types
Brinell Hardmeter, Vickers Hardmeter, Rockwell Hardmeter, Others
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
Metals, Plastics, Rubber, 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:
- Wilson
- Elcometer
- PCE Instruments
- Mitutoyo
- Zwick Roell
- Fine
- Akash Industries
- Struers
- Innovatest Europe BV
- Shimadzu
- Chennai Metco
Highlights of The Hardmeter 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:
- Brinell Hardmeter
- Vickers Hardmeter
- Rockwell Hardmeter
- Others
- By Application:
- Metals
- Plastics
- Rubber
- 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 Hardmeter 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?
Hardmeter is a tool that measures the performance of your computer hardware. It can be used to diagnose and optimize system performance.
Some of the key players operating in the hardmeter market are Wilson, Elcometer, PCE Instruments, Mitutoyo, Zwick Roell, Fine, Akash Industries, Struers, Innovatest Europe BV, Shimadzu, Chennai Metco.
The hardmeter market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hardmeter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hardmeter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hardmeter Market - Supply Chain
4.5. Global Hardmeter Market Forecast
4.5.1. Hardmeter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hardmeter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hardmeter Market Absolute $ Opportunity
5. Global Hardmeter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hardmeter Market Size and Volume Forecast by Type
5.3.1. Brinell Hardmeter
5.3.2. Vickers Hardmeter
5.3.3. Rockwell Hardmeter
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hardmeter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hardmeter Market Size and Volume Forecast by Application
6.3.1. Metals
6.3.2. Plastics
6.3.3. Rubber
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hardmeter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hardmeter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hardmeter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hardmeter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hardmeter Demand Share Forecast, 2019-2026
9. North America Hardmeter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hardmeter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hardmeter Market Size and Volume Forecast by Application
9.4.1. Metals
9.4.2. Plastics
9.4.3. Rubber
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hardmeter Market Size and Volume Forecast by Type
9.7.1. Brinell Hardmeter
9.7.2. Vickers Hardmeter
9.7.3. Rockwell Hardmeter
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hardmeter Demand Share Forecast, 2019-2026
10. Latin America Hardmeter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hardmeter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hardmeter Market Size and Volume Forecast by Application
10.4.1. Metals
10.4.2. Plastics
10.4.3. Rubber
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hardmeter Market Size and Volume Forecast by Type
10.7.1. Brinell Hardmeter
10.7.2. Vickers Hardmeter
10.7.3. Rockwell Hardmeter
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hardmeter Demand Share Forecast, 2019-2026
11. Europe Hardmeter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hardmeter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hardmeter Market Size and Volume Forecast by Application
11.4.1. Metals
11.4.2. Plastics
11.4.3. Rubber
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hardmeter Market Size and Volume Forecast by Type
11.7.1. Brinell Hardmeter
11.7.2. Vickers Hardmeter
11.7.3. Rockwell Hardmeter
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hardmeter Demand Share, 2019-2026
12. Asia Pacific Hardmeter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hardmeter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hardmeter Market Size and Volume Forecast by Application
12.4.1. Metals
12.4.2. Plastics
12.4.3. Rubber
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hardmeter Market Size and Volume Forecast by Type
12.7.1. Brinell Hardmeter
12.7.2. Vickers Hardmeter
12.7.3. Rockwell Hardmeter
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hardmeter Demand Share, 2019-2026
13. Middle East & Africa Hardmeter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hardmeter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hardmeter Market Size and Volume Forecast by Application
13.4.1. Metals
13.4.2. Plastics
13.4.3. Rubber
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hardmeter Market Size and Volume Forecast by Type
13.7.1. Brinell Hardmeter
13.7.2. Vickers Hardmeter
13.7.3. Rockwell Hardmeter
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hardmeter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hardmeter Market: Market Share Analysis
14.2. Hardmeter Distributors and Customers
14.3. Hardmeter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wilson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Elcometer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PCE Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitutoyo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zwick Roell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Akash Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Struers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Innovatest Europe BV
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shimadzu
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chennai Metco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
