Press release
Feeler Gauge Market Growth Opportunities, Driving Factors by Manufacturers, Regions, Type and Application, Forecast Analysis to 2025
In terms of production side, this report researches the Feeler Gauge capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Feeler Gauge by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Feeler Gauge is a thin metal strip of known thickness used to measure the gap widths. Mainly these gauges are used in the field of engineering. In engineering it is used to measure the gap present in between them.
As for the global feeler gauge industry, the industry structure is relatively stable. The top three manufacturers have one third revenue market share in 2015. The United States giant Stanley Black & Decker, which has 12.16% market share in 2015, is the leader in the feeler gauge industry. The manufacturers following Stanley Black & Decker are TTI and SnapOn, which respectively has 10.00% and 9.53% market share globally. The Great Star is the leader of China mainland feeler gauge industry. It sells a total of 1.88 million dollar feeler gauge products in the year of 2015.
The downstream industries of feeler gauge products are engineering and construction. In the recent years, with the recovery of global economic, the development of emerging countries and the spurring spending of automotive, the consumption increase of feeler gauge will be obvious. In the foreseeable future, the feeler gauge products will show an optimistic upward trend.
Although sales of feeler gauge products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the feeler gauge field hastily.
The Feeler Gauge market was valued at 100 Million US$ in 2017 and is projected to reach 110 Million US$ by 2025, at a CAGR of 1.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Feeler Gauge.
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This report includes the following manufacturers; we can also add the other companies as you want.
Stanley Black & Decker
TTI
SnapOn
ATG
Mitutoyo
Schaeffler
SKF
NTN
Great Star
Starrett
Great Wall
Endura
Jetech Tool
Eastern
Precision Brand
SP Air
Market Segment by Product Type
Flat Feeler Gauge
Wire Feeler Gauge
Ramp Feeler Gauge
Others
Market Segment by Application
Engineering
Construction
Others
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