Market Overview:
The Global Phase Rotation Meter Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for phase rotation meters in various applications such as feed motors, commercial, drives, electrical systems and industrial applications. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for phase rotation meters in China and India.
Product Definition:
A phase rotation meter is an instrument used to measure the phase rotation of three-phase power. The importance of a phase rotation meter is that it can help to prevent motor damage by ensuring that the phases are rotating in the correct direction.
Rotating Phase Rotation Meter:
Phase rotation meter is a device used to measure the phase rotation angle of electric current in power systems. It consists of two conductors, one of which is stationary and the other rotates with the current flow. The meter detects when there is an angle between 0 and 90 degrees between these two conductors.
Static Phase Rotation Meter:
Phase rotation is a process of converting solid or liquid feed in to multiple phases so that it can be processed through a single pipeline with maximum efficiency. In this process, the solid or liquid is passed through different rotating parts under high pressure which helps in breaking the original bulk form into smaller pieces and also increases the overall throughput by reducing processing time.
Application Insights:
The industrial applications segment accounted for the largest revenue share of over 50% in 2017. Phase rotation meters are used to measure the phase angle between two rotating shafts or between a rotating and a non-rotating part. They are used in various industries including power, oil & gas, chemical, pulp & paper etc. These devices help maintain constant speed of production by monitoring and controlling motor speed as per required output torque value from drives or motors.
Feed motors segment is expected to be one of the fastest-growing phases with an estimated CAGR over 6% from 2018 to 2030 owing to its wide usage across multiple industries such as oil & gas, food processing etc., where precision measurement is mandatory for high-quality output performance at desired speeds without any technical hitches or errors during production process execution.
Regional Analysis:
Asia Pacific dominated the global phase rotation meter market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from developing countries such as China, India, and Japan. Furthermore, rising industrialization coupled with growing consumerism in these regions is anticipated to boost product demand over the forecast period.
The Asia Pacific regional market accounted for a share of more than 30% in 2016 owing to high consumption from developing countries such as China and India. In addition, rapid industrialization along with increasing electricity requirement due to population expansion has led industry participants into providing new power generation facilities which will further drive product demand across this region during the forecast period.
Europe was estimated at USD X million in 2016 owing to high consumption levels from developed economies including Germany and U.K.
Growth Factors:
- Increasing demand from the end-user industries for accurate and reliable phase rotation meters for various applications
- Growing popularity of three-phase power systems, which is expected to boost the demand for phase rotation meters in the near future
- Rising investments by leading players in research and development activities to develop innovative products that cater to the needs of different end-user industries
- Proliferation of smart grid technologies across different regions, which is likely to create new opportunities for growth of the phase rotation meter market in the coming years
- Increasing awareness about benefits offered by phase rotation meters among consumers, which is likely to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Phase Rotation Meter Market Research Report
By Type
Rotating Phase Rotation Meter, Static Phase Rotation Meter
By Application
Feed Motors, Commercial, Drives, Electrical Systems, Industrial Applications
By Companies
Extech Instruments(US), Amprobe Test Tools(US), Fluke(US), Gardner Bender(US), Reed-Direct(US), Duncan Instruments(Canada), Hoyt Electrical Instrument Works,Inc.(US), Time Mark Corporation(US), Flir Systems,Inc.(US), RS Components(UK), TestMart(US), GRI Pumps(US), Magnum Products LLC(US), Allied Electronics,Inc.(US), CableOrganizer.com,Inc.(US), Cole-Parmer(US), Grainger Industrial Supply(US), PCE Instruments(Germany)
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Phase Rotation Meter Market Report Segments:
The global Phase Rotation Meter market is segmented on the basis of:
Types
Rotating Phase Rotation Meter, Static Phase Rotation Meter
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
Feed Motors, Commercial, Drives, Electrical Systems, Industrial Applications
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(US)
- Amprobe Test Tools(US)
- Fluke(US)
- Gardner Bender(US)
- Reed-Direct(US)
- Duncan Instruments(Canada)
- Hoyt Electrical Instrument Works,Inc.(US)
- Time Mark Corporation(US)
- Flir Systems,Inc.(US)
- RS Components(UK)
- TestMart(US)
- GRI Pumps(US)
- Magnum Products LLC(US)
- Allied Electronics,Inc.(US)
- CableOrganizer.com,Inc.(US)
- Cole-Parmer(US)
- Grainger Industrial Supply(US)
- PCE Instruments(Germany)
Highlights of The Phase Rotation Meter 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:
- Rotating Phase Rotation Meter
- Static Phase Rotation Meter
- By Application:
- Feed Motors
- Commercial
- Drives
- Electrical Systems
- Industrial Applications
- 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 Phase Rotation Meter 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?
A phase rotation meter is a device used to measure the amount of rotation of a sample.
Some of the key players operating in the phase rotation meter market are Extech Instruments(US), Amprobe Test Tools(US), Fluke(US), Gardner Bender(US), Reed-Direct(US), Duncan Instruments(Canada), Hoyt Electrical Instrument Works,Inc.(US), Time Mark Corporation(US), Flir Systems,Inc.(US), RS Components(UK), TestMart(US), GRI Pumps(US), Magnum Products LLC(US), Allied Electronics,Inc.(US), CableOrganizer.com,Inc.(US), Cole-Parmer(US), Grainger Industrial Supply(US), PCE Instruments(Germany).
The phase rotation meter 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. Phase Rotation Meter 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. Phase Rotation Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phase Rotation Meter Market - Supply Chain
4.5. Global Phase Rotation Meter Market Forecast
4.5.1. Phase Rotation Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phase Rotation Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phase Rotation Meter Market Absolute $ Opportunity
5. Global Phase Rotation Meter 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. Phase Rotation Meter Market Size and Volume Forecast by Type
5.3.1. Rotating Phase Rotation Meter
5.3.2. Static Phase Rotation Meter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phase Rotation Meter 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. Phase Rotation Meter Market Size and Volume Forecast by Application
6.3.1. Feed Motors
6.3.2. Commercial
6.3.3. Drives
6.3.4. Electrical Systems
6.3.5. Industrial Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phase Rotation Meter 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. Phase Rotation Meter 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 Phase Rotation Meter 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. Phase Rotation Meter 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 Phase Rotation Meter Demand Share Forecast, 2019-2026
9. North America Phase Rotation Meter 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 Phase Rotation Meter 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 Phase Rotation Meter Market Size and Volume Forecast by Application
9.4.1. Feed Motors
9.4.2. Commercial
9.4.3. Drives
9.4.4. Electrical Systems
9.4.5. Industrial Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phase Rotation Meter Market Size and Volume Forecast by Type
9.7.1. Rotating Phase Rotation Meter
9.7.2. Static Phase Rotation Meter
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 Phase Rotation Meter Demand Share Forecast, 2019-2026
10. Latin America Phase Rotation Meter 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 Phase Rotation Meter 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 Phase Rotation Meter Market Size and Volume Forecast by Application
10.4.1. Feed Motors
10.4.2. Commercial
10.4.3. Drives
10.4.4. Electrical Systems
10.4.5. Industrial Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phase Rotation Meter Market Size and Volume Forecast by Type
10.7.1. Rotating Phase Rotation Meter
10.7.2. Static Phase Rotation Meter
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 Phase Rotation Meter Demand Share Forecast, 2019-2026
11. Europe Phase Rotation Meter 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 Phase Rotation Meter 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 Phase Rotation Meter Market Size and Volume Forecast by Application
11.4.1. Feed Motors
11.4.2. Commercial
11.4.3. Drives
11.4.4. Electrical Systems
11.4.5. Industrial Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phase Rotation Meter Market Size and Volume Forecast by Type
11.7.1. Rotating Phase Rotation Meter
11.7.2. Static Phase Rotation Meter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Marke 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 Phase Rotation Meter Demand Share, 2019-2026
12. Asia Pacific Phase Rotation Meter 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 Phase Rotation Meter 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 Phase Rotation Meter Market Size and Volume Forecast by Application
12.4.1. Feed Motors
12.4.2. Commercial
12.4.3. Drives
12.4.4. Electrical Systems
12.4.5. Industrial Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phase Rotation Meter Market Size and Volume Forecast by Type
12.7.1. Rotating Phase Rotation Meter
12.7.2. Static Phase Rotation Meter
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 Phase Rotation Meter Demand Share, 2019-2026
13. Middle East & Africa Phase Rotation Meter 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 Phase Rotation Meter 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 Phase Rotation Meter Market Size and Volume Forecast by Application
13.4.1. Feed Motors
13.4.2. Commercial
13.4.3. Drives
13.4.4. Electrical Systems
13.4.5. Industrial Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phase Rotation Meter Market Size and Volume Forecast by Type
13.7.1. Rotating Phase Rotation Meter
13.7.2. Static Phase Rotation Meter
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 Phase Rotation Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phase Rotation Meter Market: Market Share Analysis
14.2. Phase Rotation Meter Distributors and Customers
14.3. Phase Rotation Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Extech Instruments(US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amprobe Test Tools(US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fluke(US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gardner Bender(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Reed-Direct(US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Duncan Instruments(Canada)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hoyt Electrical Instrument Works,Inc.(US)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Time Mark Corporation(US)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Flir Systems,Inc.(US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RS Components(UK)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TestMart(US)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GRI Pumps(US)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Magnum Products LLC(US)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Allied Electronics,Inc.(US)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CableOrganizer.com,Inc.(US)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Cole-Parmer(US)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Grainger Industrial Supply(US)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. PCE Instruments(Germany)
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