Global Light Meter Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Light meter Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global light meter market report has been segmented on the basis of type, display, application, and region.
Global Light Meter Market: Overview
The light meter is a type of instruments used for measurement of light. It measures the intensity of the light and offers information regarding exposure. Light meters can be divided into two categories namely incident light meters and reflected light meters.
Global Light meter Market: Dynamics
Increasing adoption of a light meter for photography and cinematography applications is a major factor driving growth of the global light meter market. In the case of photography and cinematography, light meter helps to light screen accurately and matching as well as mastering contrast ratios which helps with the exposer for different types of lighting. In addition, it also spots shadows and highlights. These are some of the factors fueling growth of the target market. Furthermore, government initiatives for standardization of lights and regulations of lighting in the workplace to avoid health hazards are also factors anticipated to support growth of the global light meter market in the near future.
However, smartphones which include inbuilt cameras with light sensors cam measure light. In addition, the availability of light sensor mobile application also can be used for measurement of light. These are factors that may hamper growth of the global light meter market. Nevertheless, growing usage of the wireless light meter and increasing its adoption in developing countries can create high revenue opportunities for players in the target market.
Global Light meter Market: Segment Analysis
Currently, among the display segment, the digital segment accounts for major share in terms of revenue and anticipated to maintain its dominance over the forecast period. The digital light meter provides accurate reading and it also eliminates human errors that occur while reading analog display is a factor driving growth of this segment in the target market.
Among the application segments, the photography and cinematography segment is expected to register high growth in terms of revenue in the next 10 years. Adoption of advanced light meter that has features such as flash power control, built-in wireless triggering, radio frequency compatibility, etc. is a factor supporting growth of the photography and cinematography segment in the global market.
Global Light meter Market: Regional Analysis
The market in North America accounts for a significant share in terms of revenue and is expected to maintain its position over the forecast period. Presence of prominent players and high disposable income are factors driving growth of the target market in this region. In addition, increasing adoption of advanced technology and instruments is another factor supporting growth of the target market in this region. The market in Europe is expected to account for second-highest share in terms of revenue in the near future. Market in Asia Pacific is anticipated to register high growth in terms of revenue over the forecast period. Growing industrial sector in countries such as India, South Korea, and China in the Asia Pacific.
Global Light meter Market Segmentation:
Segmentation by Type:
- UV Light Meter
- LED Light Meter
- General-Purpose Light Meter
Segmentation by Display:
Segmentation by Application:
- Clinics and Hospitals
- Manufacturing Plants and Warehouses
- Commercial Spaces
- Photography and Cinematography
- University Campuses and Schools
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- flir Systems Inc.
- Konica Minolta Sensing Americas, Inc.
- Testo SE & Co. KGaA
- Sekonic Holdings Corporation
- Hioki E.E. Corporation
- B&K Precision Corporation
- PCE Deutschland GmbH
- KERN & SOHN GmbH
- Line Seiki Co., Ltd.
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