Market Overview:
The global outside micrometers 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 precision measurement tools in various industries such as automotive, defense & aerospace, manufacturing, pharmaceuticals & healthcare, construction and others. In addition, the growing awareness about quality control and inspection across different industrial verticals is also propelling the demand for outside micrometers globally. Based on type, the global outside micrometers market can be segmented into 0-25mm, 25-50mm 50-75mm 75-100mm 100-125mm segments. Among these segments, 0-25 mm segment is projected to witness highest growth during the forecast period owing to its wide usage in various end user industries. Based on application type ,the global outside micrometers market can be classified into automotive ,defense & aerospace ,manufacturing ,pharmaceuticals& healthcare construction and other applications .
Product Definition:
An outside micrometer is a precision instrument used for measuring the diameter of an object. It consists of a calibrated barrel, or main body, with a movable spindle that is used to measure the object's diameter. The barrel has graduations on it to indicate the object's size in inches or millimeters.
0-25mm:
0-25mm is a type of outside micrometer which can measure objects in the range of 0.1 to 25 mm, usually used for measuring the thickness of metal sheets and parts in machinery or equipment. It's major applications are found in industries such as automotive, aerospace & defense, electronics manufacturing and industrial assembly where precision measurement is required at multiple locations on an object or part.
25-50mm:
The 25-50mm range is used for measuring the thickness of objects that are outside the scope of micrometer measurement. The most common use of this range is in caliper measurements, which measure ranges from 0 to 200 micro meters.
25-50 mm outside Micrometers can also be referred to as outboard Micrometers or OMM’s ( Outside Microscopes Metric).
Application Insights:
The manufacturing sector accounted for the largest revenue share of over 30% in 2017. The global demand for micrometers has witnessed a rise due to its use in various applications such as automotive, aerospace and defense among others. In the manufacturing sector, they are used to measure small dimension parts which are later used in production lines or automated systems. They also find application across several other verticals such as pharmaceutical and healthcare, food & beverage and construction among others.
The automotive industry is one of the leading consumers of micrometers worldwide owing to its high requirement levels regarding accuracy while assembling vehicles from scratch or component-based assembly lines at a fast pace with high-quality results every time. This factor is anticipated to fuel market growth over the forecast period on account of increasing demand for precision engineering throughout 2018 - 2030 globally outside micrometer market by type segmentation study based on application (Aerospace & Defense; Automotive; Manufacturing; Pharmaceutical & Healthcare).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing strong economic growth over the past few years on account of increasing manufacturing activities and rapid development in its industrial sector. This, in turn, is anticipated to fuel product demand across various applications over the forecast period.
Europe accounted for 26% share of global revenue in 2017 owing to high product penetration across several industries including automotive, aerospace & defense and construction among others due to their precision measurement capabilities offered by outside micrometers that are accurate.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of micrometers in educational institutions
- Rising awareness about the benefits of using micrometers
- Technological advancements in micrometer manufacturing process
- Growing number of online retail stores selling micrometers
Scope Of The Report
Report Attributes
Report Details
Report Title
Outside Micrometers Market Research Report
By Type
0-25mm, 25-50mm, 50-75mm, 75-100mm, 100-125mm
By Application
Automotive, Defense & Aerospace, Manufacturing, Pharmaceutical & Healthcare, Construction, Other
By Companies
Bowers Group, Starrett, Mitutoyo, Hoffmann Group(Grant), Wurth Group, Beta, Mahr, Snap-On, Dorsey Metrology International, Moore & Wright, Feinmess Suhl GmbH
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Outside Micrometers Market Report Segments:
The global Outside Micrometers market is segmented on the basis of:
Types
0-25mm, 25-50mm, 50-75mm, 75-100mm, 100-125mm
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:
- Bowers Group
- Starrett
- Mitutoyo
- Hoffmann Group(Grant)
- Wurth Group
- Beta
- Mahr
- Snap-On
- Dorsey Metrology International
- Moore & Wright
- Feinmess Suhl GmbH
Highlights of The Outside Micrometers 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:
- 0-25mm
- 25-50mm
- 50-75mm
- 75-100mm
- 100-125mm
- 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 Outside Micrometers 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?
Outside micrometers are a type of precision measuring instrument that is used to measure the size and shape of objects.
Some of the key players operating in the outside micrometers market are Bowers Group, Starrett, Mitutoyo, Hoffmann Group(Grant), Wurth Group, Beta, Mahr, Snap-On, Dorsey Metrology International, Moore & Wright, Feinmess Suhl GmbH.
The outside micrometers 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. Outside Micrometers 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. Outside Micrometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Outside Micrometers Market - Supply Chain
4.5. Global Outside Micrometers Market Forecast
4.5.1. Outside Micrometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Outside Micrometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Outside Micrometers Market Absolute $ Opportunity
5. Global Outside Micrometers 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. Outside Micrometers Market Size and Volume Forecast by Type
5.3.1. 0-25mm
5.3.2. 25-50mm
5.3.3. 50-75mm
5.3.4. 75-100mm
5.3.5. 100-125mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Outside Micrometers 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. Outside Micrometers 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 Outside Micrometers 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. Outside Micrometers 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 Outside Micrometers 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. Outside Micrometers 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 Outside Micrometers Demand Share Forecast, 2019-2026
9. North America Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers Market Size and Volume Forecast by Type
9.7.1. 0-25mm
9.7.2. 25-50mm
9.7.3. 50-75mm
9.7.4. 75-100mm
9.7.5. 100-125mm
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 Outside Micrometers Demand Share Forecast, 2019-2026
10. Latin America Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers Market Size and Volume Forecast by Type
10.7.1. 0-25mm
10.7.2. 25-50mm
10.7.3. 50-75mm
10.7.4. 75-100mm
10.7.5. 100-125mm
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 Outside Micrometers Demand Share Forecast, 2019-2026
11. Europe Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers Market Size and Volume Forecast by Type
11.7.1. 0-25mm
11.7.2. 25-50mm
11.7.3. 50-75mm
11.7.4. 75-00mm
11.7.5. 100-125mm
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 Outside Micrometers Demand Share, 2019-2026
12. Asia Pacific Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers Market Size and Volume Forecast by Type
12.7.1. 0-25mm
12.7.2. 25-50mm
12.7.3. 50-75mm
12.7.4. 75-100mm
12.7.5. 100-125mm
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 Outside Micrometers Demand Share, 2019-2026
13. Middle East & Africa Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers 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 Outside Micrometers Market Size and Volume Forecast by Type
13.7.1. 0-25mm
13.7.2. 25-50mm
13.7.3. 50-75mm
13.7.4. 75-100mm
13.7.5. 100-125mm
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 Outside Micrometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Outside Micrometers Market: Market Share Analysis
14.2. Outside Micrometers Distributors and Customers
14.3. Outside Micrometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bowers Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Starrett
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitutoyo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hoffmann Group(Grant)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wurth Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Beta
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mahr
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Snap-On
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dorsey Metrology International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Moore & Wright
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Feinmess Suhl GmbH
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
