Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tachometer Market by Type (Time Measurement Tachometer, Frequency Measurement Tachometer), By Application (Automobiles, Airplanes, Medical Applications, Traffic, Engineering, Laser instruments, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tachometer Market by Type (Time Measurement Tachometer, Frequency Measurement Tachometer), By Application (Automobiles, Airplanes, Medical Applications, Traffic, Engineering, Laser instruments, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155346 3300 Machinery & Equipment 377 249 Pages 4.8 (39)
                                          

Market Overview:


The global tachometer 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 time measurement tachometers and frequency measurement tachometers in automobiles, airplanes, medical applications, traffic, engineering and laser instruments. Additionally, the growing demand for tachometers from emerging economies such as China and India is also contributing to the growth of this market. However, factors such as high installation cost and lack of awareness about benefits offered by these devices are restraining the growth of this market.


Global Tachometer Industry Outlook


Product Definition:


A tachometer is an instrument that measures the speed of a rotating object.


Time Measurement Tachometer:


Time measurement tachometer is a device used to measure the time taken for an event to occur between two instants, usually in terms of the number of cycles per second. Tachometers are widely used in measuring engine performance and speed in automotive applications. The growth factor for this market is mainly attributed to growing demand from industrial sector which includes power generation, manufacturing & construction industries.


Frequency Measurement Tachometer:


A frequency measurement is a periodic phenomenon that can be defined as the number of cycles per second. Frequency is used to measure various physical parameters such as sound, vibrations, electric current and magnetic field among others. The most common use of frequency measurement is in music where it’s used to count the number of times a particular note or pitch occurs in a given time period.


Application Insights:


Automobiles application segment accounted for the largest share of over 50.0% in 2017. The global market is anticipated to witness significant growth owing to increasing production of passenger cars and light commercial vehicles (LCVs). Increasing sales of passenger vehicles as a result against heavy commercial traffic and rapid urbanization are expected to be the major factors driving the industry growth over the forecast period.


The aviation sector is also anticipated to witness substantial growth owing to rising air travel, which has resulted in increased demand for tachometers that can measure engine speed precisely and quickly across all makes & models of aircraft engines, helicopters, gliders & drones among others. Moreover, these devices help pilots maintain precise control during critical phases such as takeoff and landing by monitoring various parameters such as engine speedometer reading or temperature display that indicates if an engine failure may occur soon.


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 automobile production, favorable government regulations, and rising investments by various organizations for developing infrastructure. Europe also held a significant share in terms of revenue but is expected to witness sluggish growth over the next eight years owing to stringent safety norms followed by automotive manufacturers while manufacturing vehicles. North America has been witnessing healthy growth since past few years on account of increasing adoption of laser instruments for industrial applications as well as entertainment purposes.


Growth Factors:


  • Increasing demand for electric and hybrid vehicles
  • Rising awareness about the benefits of using tachometers
  • Technological advancements in tachometer manufacturing process
  • Growing popularity of motorsports events
  • Increasing number of OEMs and aftermarket suppliers

Scope Of The Report

Report Attributes

Report Details

Report Title

Tachometer Market Research Report

By Type

Time Measurement Tachometer, Frequency Measurement Tachometer

By Application

Automobiles, Airplanes, Medical Applications, Traffic, Engineering, Laser instruments, Others

By Companies

Extech Instruments(US), Omega Engineering(US), Allied Electronics(US), LOR Manufacturing Company,Inc.(US), SRI Electronics(India), Kusam Meco(India), Waco(India), Lutron(US), Samson Automation(India), Design Technology(TW), Aetna Engineering(US), Digital Promoters(India), Faria Beede Shanghai Tachometer(China)

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

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Tachometer Market Report Segments:

The global Tachometer market is segmented on the basis of:

Types

Time Measurement Tachometer, Frequency Measurement Tachometer

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

Automobiles, Airplanes, Medical Applications, Traffic, Engineering, Laser instruments, 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:

  1. Extech Instruments(US)
  2. Omega Engineering(US)
  3. Allied Electronics(US)
  4. LOR Manufacturing Company,Inc.(US)
  5. SRI Electronics(India)
  6. Kusam Meco(India)
  7. Waco(India)
  8. Lutron(US)
  9. Samson Automation(India)
  10. Design Technology(TW)
  11. Aetna Engineering(US)
  12. Digital Promoters(India)
  13. Faria Beede Shanghai Tachometer(China)

Global Tachometer Market Overview


Highlights of The Tachometer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Time Measurement Tachometer
    2. Frequency Measurement Tachometer
  1. By Application:

    1. Automobiles
    2. Airplanes
    3. Medical Applications
    4. Traffic
    5. Engineering
    6. Laser instruments
    7. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Tachometer 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

Global Tachometer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A tachometer is a device that measures the speed of an engine.

Some of the key players operating in the tachometer market are Extech Instruments(US), Omega Engineering(US), Allied Electronics(US), LOR Manufacturing Company,Inc.(US), SRI Electronics(India), Kusam Meco(India), Waco(India), Lutron(US), Samson Automation(India), Design Technology(TW), Aetna Engineering(US), Digital Promoters(India), Faria Beede Shanghai Tachometer(China).

The tachometer market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Tachometer 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. Tachometer Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Tachometer Market - Supply Chain
   4.5. Global Tachometer Market Forecast
      4.5.1. Tachometer Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Tachometer Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Tachometer Market Absolute $ Opportunity

5. Global Tachometer 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. Tachometer Market Size and Volume Forecast by Type
      5.3.1. Time Measurement Tachometer
      5.3.2. Frequency Measurement Tachometer
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Tachometer 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. Tachometer Market Size and Volume Forecast by Application
      6.3.1. Automobiles
      6.3.2. Airplanes
      6.3.3. Medical Applications
      6.3.4. Traffic
      6.3.5. Engineering
      6.3.6. Laser instruments
      6.3.7. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Tachometer 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. Tachometer 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 Tachometer 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. Tachometer 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 Tachometer Demand Share Forecast, 2019-2026

9. North America Tachometer 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 Tachometer 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 Tachometer Market Size and Volume Forecast by Application
      9.4.1. Automobiles
      9.4.2. Airplanes
      9.4.3. Medical Applications
      9.4.4. Traffic
      9.4.5. Engineering
      9.4.6. Laser instruments
      9.4.7. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Tachometer Market Size and Volume Forecast by Type
      9.7.1. Time Measurement Tachometer
      9.7.2. Frequency Measurement Tachometer
   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 Tachometer Demand Share Forecast, 2019-2026

10. Latin America Tachometer 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 Tachometer 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 Tachometer Market Size and Volume Forecast by Application
      10.4.1. Automobiles
      10.4.2. Airplanes
      10.4.3. Medical Applications
      10.4.4. Traffic
      10.4.5. Engineering
      10.4.6. Laser instruments
      10.4.7. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Tachometer Market Size and Volume Forecast by Type
      10.7.1. Time Measurement Tachometer
      10.7.2. Frequency Measurement Tachometer
   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 Tachometer Demand Share Forecast, 2019-2026

11. Europe Tachometer 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 Tachometer 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 Tachometer Market Size and Volume Forecast by Application
      11.4.1. Automobiles
      11.4.2. Airplanes
      11.4.3. Medical Applications
      11.4.4. Traffic
      11.4.5. Engineering
      11.4.6. Laser instruments
      11.4.7. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Tachometer Market Size and Volume Forecast by Type
      11.7.1. Time Measurement Tachometer
      11.7.2. Frequency Measurement Tachometer
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractivness/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 Tachometer Demand Share, 2019-2026

12. Asia Pacific Tachometer 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 Tachometer 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 Tachometer Market Size and Volume Forecast by Application
      12.4.1. Automobiles
      12.4.2. Airplanes
      12.4.3. Medical Applications
      12.4.4. Traffic
      12.4.5. Engineering
      12.4.6. Laser instruments
      12.4.7. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Tachometer Market Size and Volume Forecast by Type
      12.7.1. Time Measurement Tachometer
      12.7.2. Frequency Measurement Tachometer
   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 Tachometer Demand Share, 2019-2026

13. Middle East & Africa Tachometer 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 Tachometer 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 Tachometer Market Size and Volume Forecast by Application
      13.4.1. Automobiles
      13.4.2. Airplanes
      13.4.3. Medical Applications
      13.4.4. Traffic
      13.4.5. Engineering
      13.4.6. Laser instruments
      13.4.7. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Tachometer Market Size and Volume Forecast by Type
      13.7.1. Time Measurement Tachometer
      13.7.2. Frequency Measurement Tachometer
   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 Tachometer Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Tachometer Market: Market Share Analysis
   14.2. Tachometer Distributors and Customers
   14.3. Tachometer 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. Omega Engineering(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. Allied Electronics(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. LOR Manufacturing Company,Inc.(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. SRI Electronics(India)
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Kusam Meco(India)
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Waco(India)
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Lutron(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. Samson Automation(India)
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Design Technology(TW)
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Aetna Engineering(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. Digital Promoters(India)
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Faria Beede Shanghai Tachometer(China)
         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

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