Press release
Light Meter Market 2019-2026: Business Development Strategies by Konica Minolta Sensing Americas, Inc., PCE Deutschland, FLIR Systems, ATP Instrumentation, International Light Technologies Inc., HIOKI E.E. Corp, Panomex, Reed Instruments, STEP Systems and
Light Meter Market
The key players operating in the light meter market include Konica Minolta Sensing Americas, Inc., PCE Deutschland GmbH, FLIR Systems, ATP Instrumentation, International Light Technologies Inc., HIOKI E.E. Corporation, Panomex Inc., Reed Instruments, STEP Systems GmbH and Nordic Scientific & Natural Solutions AB.
These players adopt collaboration, partnership, and agreement as their key developmental strategies to increase revenue of the light meter industry and develop new products for enhancing product portfolio. For instance, Konica Minolta Sensing Americas, Inc., a U.S.-based company is one of the leading players in light meter among other top companies. It developed light measurement called "T-10A illuminance Meter," which is specifically designed to measure the amount of light on a surface. This is an advanced lux meter will quickly show on the LCD screen the illumination and average values of measurements.
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KEY BENEFITS FOR STAKEHOLDERS
o This study includes the analytical depiction of the global light meter market along with the current trends and future estimations to determine the imminent investment pockets.
o The report presents information regarding the key drivers, restraints, and opportunities.
o The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
o Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
The light meter market is segmented into five categories by type, display, range, application, and region.
Based on type, the market is classified into general-purpose light meters, LED light meter, and UV light meters. Based on display, the market is bifurcated into digital and analog. By range, the market is categorized into 0-200 k LUX and above 200 k LUX. Based on application, it is segmented into photography & cinematography, commercial spaces, manufacturing plants & warehouses, university campuses & schools, clinics & hospitals, and others. Based on region, the market is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
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The light meter market is expected to witness considerable growth from 2019 to 2026, owing to increase in need for wireless light meter technologies in lighting. Furthermore, increase in passion for photography among youngsters, rise in per capita disposable income, and growth in demand for high-quality photography by commercial and professional photographers in day and night lead to the increased use of light meters; thereby, boosting the market growth. As light plays an important role in capturing the desired photos and videos, light meters need the various required light levels for capturing a portrait or scene in order to exhibit high quality picture, which is expected to contribute to the growth of the light meter market during the forecast period.
Increase in government initiatives for the adoption of standardization of lighting protocols, rise in demand for light meters in the photography and cinematography industry, and surge in usage of lux meters in indoor and outdoor sports activities are the major drivers for the light meter market growth. However, development of smartphone applications and light measuring devices to substitute light meters restrain the market growth. Furthermore, development of wireless light meter technologies, incorporation of IoT in light meters, and increase in demand from APAC region such as China, India, and Japan provide lucrative opportunities for the market growth.
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KEY MARKET SEGMENTS
By Type
o General-Purpose Light Meters
o LED Light Meter
o UV Light Meters
By Display
o Digital
o Analog
By Range
o 0-200 k LUX
o Above 200 k LUX
By Application
o Photography & Cinematography
o Commercial Spaces
o Manufacturing Plants & Warehouses
o University Campuses & Schools
o Clinics & Hospitals
o Others
By Region
o North America
o U.S.
o Canada
o Mexico
o Europe
o UK
o Germany
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Africa
Light Meter Market Size, Share, Growth and Industry Outlook 2019-2026 @ https://stocknewsweek.com/2020/03/18/iot-based-light-meters-the-future-of-smart-city-ecosystem-market-trends-and-demand/
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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