Global Industrial Tachometer Market, By Type (Analog Tachometer, Digital Tachometer), By Product Ty

Published Date: | Report Code : EQ1958698

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Market Dynamics:

High growth of the end-use industry in the emerging regions is expected to drive the demand of the Global Industrial Tachometer Market during the forecast period. Some of the major end-use industries in the global industrial tachometer market have been witnessing strong growth in the emerging region such as the Asia Pacific and the Middle East.

A tachometer is an equipment that is used for measuring the rotation speed of a shaft, motor, or other machines. This is a mechanical device or electrical device which contains a worm gear and spindle arrangement which converts the angular speed into an electrical signal. A tachometer is also commonly known as speedometer, tach or revolution counter or RPM gauge. Tachometer commonly shows rotation speed in revolution per minute (RPM). The tachometer has two types, which show output by, analog dial or digital displays. The analog tachometer is conventional meters which, contain a needle and dial-type of the interface. The main problem of this type of tachometer is not capable to store the readings. The analog tachometer has less accurate than the digital tachometer. However, the digital tachometer is contained an LCD or LED readout and a memory for storage. The digital tachometer shows output numerically.

Segment Analysis:

The global industrial tachometer market is segmented on the basis of type, product type, and end-user. By type, the digital Tachometer segment is expected to high demand due to digital tachometers are capable of measuring low-speeds at 0.5 rpm and high speed at 10,000 rpm. It is widely used in different applications such as automobiles, airplanes, medical and instrumentation applications. By Product Type, this market is classified into a contact tachometer and a non-contact tachometer. A contact type tachometer which is in contact with the rotating shaft. On the other hand, a tachometer does not need any physical contact with the rotating shaft. By end-user, the global industrial tachometer market is segmented into automobiles, aircraft, medical, traffic and other. In the automobiles segment, this market is expected high demand due to the rapid growth of this industry. In the Asia Pacific region, the global industrial tachometer market is anticipated the fastest growth rate due to the emerging economies coupled with rapid industry expansion.

Key Factors Impacting Market Growth:

  • Growing needs safety equipment with the installation of complex production machinery

  • Rising production and expansion of its end-use industries

Regional Analysis:

Major regions for the global industrial tachometer market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for the global industrial tachometer market owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be Automobiles, Aircraft, Medical, Traffic, Other. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the global industrial tachometer market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and the Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, Automobiles, Aircraft, Medical, Traffic, Others are estimated to register high demand for the global industrial tachometer market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the global industrial tachometer market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the global industrial tachometer market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: SRI Electronics, Design Technology, Shanghai Tachometer, LOR, Lutron, and Kusam Meco...

Market Segmentation:

By Type:

  • Analog Tachometer

  • Digital Tachometer

By Product Type:

  • Contact Tachometer

  • Non-contact Tachometer

By Measurement Technique:

  • Time Measurement

  • Frequency Measurement

By End-user:

  • Automobiles

  • Aircraft

  • Medical

  • Traffic

  • Other

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Product Type

    • By Measurement Technique

    • By End-User

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Product Type

    • By Measurement Technique

    • By End-User

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Product Type

    • By Measurement Technique

    • By End-User

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Product Type

    • By Measurement Technique

    • By End-User

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Product Type

    • By Measurement Technique

    • By End-User

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Product Type

    • By Measurement Technique

    • By End-User

Reasons To Buy This Report:

  • Market size estimation of the global industrial tachometer market on a regional and global basis

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  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

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