Global Stroboscope Market 2017-2021
The stroboscope is an instrument that is primarily used in the automation industries to study the periodic motion of the machines and determine the speeds of rotation. Stroboscopes are highly used in the industries, such as automotive, textile, medical and research institutes, to control the machine efficiency by testing the machine's rotations and accordingly setting the entire equipment to improve the overall performance.
Technavio’s analysts forecast the global stroboscope market to grow at a CAGR of 6.76% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global stroboscope market for 2017-2021. To calculate the market size, the contribution of electronic counters towards the revenue generated from general purpose test and measurement equipment market is considered.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Stroboscope Market 2017-2021
Technavio recognizes the following companies as the key players in the global stroboscope market: BBE, Lutron Electronic Enterprise, Monarch Instrument, PCE Instruments and Unilux.
Other Prominent Vendors in the market are: ACR Electronics, ELMED, FLIR Systems, Fluke, Hans Schmidt, Nidec-Shimpo, Rheintacho Messtechnik, SKF, SPM Instruments, and Tecpel.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of stroboscope for underwater photography. Underwater photography is unique and is carried out as a passion by many photographers. It also helps in the study of many underwater species. Many researchers and photographers do underwater photography to study the marine environment and provide crucial information about the aquatic life. It is usually done while scuba diving and swimming.”
According to the report, one driver in the market is low costs of stroboscopes. The main components used to manufacture stroboscopes are strobe lamps, LEDs, and circuitry. The circuitry helps to vary the frequency of the electrical pulse. Electrical pulses are used to energize the high-intensity lamps. A stroboscope uses a series of LED arrays and a solid-state light source, which can produce uniform flashlights. With the entrance of many new players, the instrument is easily available at a low cost. The following graph explains the trend in the average selling price (ASP) of stroboscopes in the market.
Further, the report states that one challenge in the market is imitation of products affecting differentiation. There is very little product differentiation among competitors in the global stroboscope market. The stroboscope is an instrument made of rotating disks or lamps, such as flash tubes, which can produce repetitive light flashes. Most products use either LED or xenon lights for their functioning. Stroboscopic lights for low voltage and high voltage products are differentiated on similar lines by many vendors. The technique used is easily imitable, and many vendors face competition forcing them to provide product offering with at least slight product differentiation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-embedded-systems-global-stroboscope-market-2017-2021
BBE, Lutron Electronic Enterprise, Monarch Instrument, PCE Instruments, Unilux, ACR Electronics, ELMED, FLIR Systems, Fluke, Hans Schmidt, Nidec-Shimpo, Rheintacho Messtechnik, SKF, SPM Instruments, and Tecpel.