The Global Light Meter Market is segmented further based on Application Type, Display Type, Type, Lux Range Type, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

The Global Light Meter Market is segmented further based on Application Type, Display Type, Type, Lux Range Type, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Introduction

The Global Light Meter Market is estimated to be USD 356.8 Mn in 2021 and is expected to reach USD 499.96 Mn by 2026, growing at a CAGR of 6.98%

Market Dynamics

The Global Light Meter Market is driving because of government initiative towards standardization of protocols increasing demand from various industries. On the other hand, the availability of substitutes products such as light measuring devices and smartphone applications, including an in-built camera as a light sensor, restricts the market’s growth.
Furthermore, increasing-price competitiveness due to many manufacturers with different pricing strategies is the challenge affecting the market's growth. Moreover, technological development such as wireless light meters, sharing data vis cloud computing for building automation, and Internet of Things (IoT) embedded solutions are creating opportunities for the market to grow in the forecasted period.

Market Segmentation

The Global Light Meter Market is segmented further based on Application Type, Display Type, Type, Lux Range Type, and Geography.

By Application Type, the market is classified into Clinics and Hospitals, Commercial Spaces, Manufacturing Plant and Warehouses, Photography and Cinematography, University Campus, Schools, and others.

By Display Type, the Light Meter market is classified into Analog and Digital.

By Type, the Light Meter market is classified into General-Purpose Light Meters, LED Light Metres, and UV Light Metres.

By Lux Range Type, the Light Meter market is classified into 0-200K Lux and Above 200K Lux.

By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Danaher Corporation acquired Aldevron to solve complex challenges and improve quality of life by helping their customers- August 30, 2021
2. Testo SE & Co. KGaA launched a new stand-alone & touch-free thermal scanning kiosk with testo 872 thermal camera–September 2020

Company Profiles

Some of the companies covered in this report are B&K Precision Corporation, Danaher Corporation, Hioki E.E. Corporation, KERN & SOHN, Konica Minolta Sensing Americas, Inc, Line Seiki Co Ltd, PCE Deutschland GmbH, Sekonic, and Testo SE & Co. KGaA, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

IGR Competitive Quadrant

The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Light Meter Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.

Report Highlights:

A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market

Companies Mentioned
Companies Mentioned

ATP Instrumentation Ltd
B&K Precision Corporation
Caltech Engineering Services
Center Technologies
Danaher Corporation
Edmund Optics, Ltd
Hanna Instruments
HIOKI E.E. Corporation
Huato Electric Co Ltd
International Light Technologies, Inc
KERN & SOHN
KIMO Instruments
Konica Minolta Sensing Americas, Inc
Kyoritsu Electrical Instruments Works Ltd
Line Seiki Co Ltd
Lutron Electronics Co, Inc
Martindale Electric Co Ltd
Nordic Scientific & Natural Solutions AB
Panomex, Inc
PCE Deutschland GmbH
Reed Instruments
Sekonic Corporation
Shenzhen Sanpo Instrument Co Ltd
STEP Systems GmbH
Sunshine Instruments
Testo SE & Co. KGaA
TENMARS ELECTRONICS CO LTD
Teledyne Technologies Incorporated
TQC Sheen B.V
Yokogawa Test & Measurement Corporation