Market Overview:
The global internal micrometer 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 precision measurement instruments in various industries such as automotive, defense & aerospace, manufacturing, pharmaceuticals & healthcare and construction. Additionally, the growing awareness about quality control and inspection among consumers is also propelling the growth of this market. On the basis of type, digital internal micrometers are expected to witness higher growth than analogue internal micrometers during the forecast period from 2018 to 2030. This can be attributed to their accuracy and precision as compared with analogue internal micrometers. On the basis of application, automotive is expected to account for a major share of this market during the forecast period owing to its growing demand across different regions worldwide.
Product Definition:
Internal micrometer is a device used to measure the internal diameter (ID) of tubes, pipes and other hollow objects. It can also be used to measure the thickness of sheet metal. The importance of an internal micrometer is that it provides an accurate reading for the size of tubes, pipes and other objects with a hollow interior.
Digital Internal Micrometers:
Digital internal micrometers is a device used to measure small distances with high accuracy. It consists of two metal plates, one of which acts as a sensor and the other as an analog to digital converter. The distance between these two is measured by an optical fiber and the result is displayed on screen in millimeters.
Analogue Internal Micrometers:
Analogue internal micrometers are used to measure small distances with the help of optical and electro-optical sensors. These devices are mainly used in medical, automotive, aerospace & defense industries for measuring tolerance limits between components as well as dimensions.
These devices have a wide range of applications such as inspection of surfaces for defects or flaws, dimensional accuracy during machining operations and surface finish analysis among others.
Application Insights:
The manufacturing segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for micrometers with high accuracy and resolution by various industries including aerospace, automotive, medical devices, electronics & semiconductor etc. are some of the factors driving this application segment growth.
The defense & aerospace segment accounted for a significant share in 2017 owing to increasing product requirements from various defense agencies such as NASA, NOAA etc. For instance; space-related applications require highly accurate measurement tools with high resolution which can be provided by digital internal micrometers thus propelling their demand in this sector over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing foreign investments in various sectors, such as manufacturing, pharmaceuticals and automotive. For instance, in November 2017, Seiko Instruments Corporation invested USD X million for building a factory of precision equipment in China. The company aims to start production by April 2018 and complete the installation of machinery by September 2018.
The Europe market was valued at USD X million in 2017 owing to high demand from several end-use industries across Germany, France and Italy among other countries.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-precision measurements
- Growing popularity of micrometer among SMEs due to its accuracy and affordability
- Proliferation of portable measurement devices that use internal micrometers for on-the-spot measurements
- Development of new technologies that improve the accuracy and precision of internal micrometers
- Rising awareness about the benefits of using internal micrometers for quality control and process improvement
Scope Of The Report
Report Attributes
Report Details
Report Title
Internal Micrometer Market Research Report
By Type
Digital Internal Micrometers, Analogue Internal Micrometers
By Application
Automotive, Defense & Aerospace, Manufacturing, Pharmaceutical & Healthcare, Construction, Other
By Companies
Hexagon, Mitutoyo, Grainger, Accusize Industrial Tools, Fowler High Precision, Inc., Anytime Tools, Walfront, Starrett, Cutwel Limited, Toto, Alpa Srl, Shanghai Don Cero, S-T Industries, Central Tools, Mahr GmbH, INSIZE CO., LTD.
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Internal Micrometer Market Report Segments:
The global Internal Micrometer market is segmented on the basis of:
Types
Digital Internal Micrometers, Analogue Internal Micrometers
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, Defense & Aerospace, Manufacturing, Pharmaceutical & Healthcare, Construction, Other
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:
- Hexagon
- Mitutoyo
- Grainger
- Accusize Industrial Tools
- Fowler High Precision, Inc.
- Anytime Tools
- Walfront
- Starrett
- Cutwel Limited
- Toto
- Alpa Srl
- Shanghai Don Cero
- S-T Industries
- Central Tools
- Mahr GmbH
- INSIZE CO., LTD.
Highlights of The Internal Micrometer 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:
- Digital Internal Micrometers
- Analogue Internal Micrometers
- By Application:
- Automotive
- Defense & Aerospace
- Manufacturing
- Pharmaceutical & Healthcare
- Construction
- Other
- 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 Internal Micrometer 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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- Correctly Positioning New Products
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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?
Internal micrometer is a tool used to measure the size of internal features, such as holes and cavities.
Some of the key players operating in the internal micrometer market are Hexagon, Mitutoyo, Grainger, Accusize Industrial Tools, Fowler High Precision, Inc., Anytime Tools, Walfront, Starrett, Cutwel Limited, Toto, Alpa Srl, Shanghai Don Cero, S-T Industries, Central Tools, Mahr GmbH, INSIZE CO., LTD..
The internal micrometer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Internal Micrometer 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. Internal Micrometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Internal Micrometer Market - Supply Chain
4.5. Global Internal Micrometer Market Forecast
4.5.1. Internal Micrometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Internal Micrometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Internal Micrometer Market Absolute $ Opportunity
5. Global Internal Micrometer 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. Internal Micrometer Market Size and Volume Forecast by Type
5.3.1. Digital Internal Micrometers
5.3.2. Analogue Internal Micrometers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Internal Micrometer 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. Internal Micrometer Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Defense & Aerospace
6.3.3. Manufacturing
6.3.4. Pharmaceutical & Healthcare
6.3.5. Construction
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Internal Micrometer 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. Internal Micrometer 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 Internal Micrometer 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. Internal Micrometer 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 Internal Micrometer Demand Share Forecast, 2019-2029
9. North America Internal Micrometer 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 Internal Micrometer 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 Internal Micrometer Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Defense & Aerospace
9.4.3. Manufacturing
9.4.4. Pharmaceutical & Healthcare
9.4.5. Construction
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Internal Micrometer Market Size and Volume Forecast by Type
9.7.1. Digital Internal Micrometers
9.7.2. Analogue Internal Micrometers
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 Internal Micrometer Demand Share Forecast, 2019-2029
10. Latin America Internal Micrometer 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 Internal Micrometer 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 Internal Micrometer Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Defense & Aerospace
10.4.3. Manufacturing
10.4.4. Pharmaceutical & Healthcare
10.4.5. Construction
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Internal Micrometer Market Size and Volume Forecast by Type
10.7.1. Digital Internal Micrometers
10.7.2. Analogue Internal Micrometers
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 Internal Micrometer Demand Share Forecast, 2019-2029
11. Europe Internal Micrometer 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 Internal Micrometer 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 Internal Micrometer Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Defense & Aerospace
11.4.3. Manufacturing
11.4.4. Pharmaceutical & Healthcare
11.4.5. Construction
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Internal Micrometer Market Size and Volume Forecast by Type
11.7.1. Digital Internal Micrometers
11.7.2. Analogue Internal Micrometer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Internal Micrometer Demand Share, 2019-2029
12. Asia Pacific Internal Micrometer 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 Internal Micrometer 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 Internal Micrometer Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Defense & Aerospace
12.4.3. Manufacturing
12.4.4. Pharmaceutical & Healthcare
12.4.5. Construction
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Internal Micrometer Market Size and Volume Forecast by Type
12.7.1. Digital Internal Micrometers
12.7.2. Analogue Internal Micrometers
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 Internal Micrometer Demand Share, 2019-2029
13. Middle East & Africa Internal Micrometer 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 Internal Micrometer 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 Internal Micrometer Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Defense & Aerospace
13.4.3. Manufacturing
13.4.4. Pharmaceutical & Healthcare
13.4.5. Construction
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Internal Micrometer Market Size and Volume Forecast by Type
13.7.1. Digital Internal Micrometers
13.7.2. Analogue Internal Micrometers
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 Internal Micrometer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Internal Micrometer Market: Market Share Analysis
14.2. Internal Micrometer Distributors and Customers
14.3. Internal Micrometer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hexagon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mitutoyo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Grainger
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Accusize Industrial Tools
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fowler High Precision, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Anytime Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Walfront
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Starrett
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cutwel Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toto
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alpa Srl
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai Don Cero
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. S-T Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Central Tools
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mahr GmbH
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. INSIZE CO., LTD.
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
