Press release
Electronic Height Gauge Market Size, Trends & Growth Forecast 2024-2031 | Top key players - Starrett, Mitutoyo Corporation, Mahr GmbH.
The Global Electronic Height Gauge Market reached US$ 0.6 billion in 2022 and is expected to reach US$ 0.9 billion by 2030, growing with a CAGR of 3.7% during the forecast period 2024-2031.Electronic Height Gauge Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Electronic Height Gauge Market focuses on precision measuring instruments used in manufacturing, aerospace, and automotive industries for accurate height and dimensional measurements. Equipped with digital displays, data output capabilities, and advanced sensors, these gauges enhance quality control and production efficiency. Growing demand for automation, precision engineering, and industrial metrology is driving market expansion.
List of the Key Players in the Electronic Height Gauge Market:
Starrett, Mitutoyo Corporation, Mahr GmbH, TESA Brown & Sharpe, Sylvac SA, Leader Precision Instrument, TRIMOS, MSI-Viking, Alpa Metrology and Accurate Gauging.
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Industry Development:
In June 2023, Mitutoyo Corporation, a globally recognized Japanese leader in metrology and precision measurement tools, introduced the LH600F/FG Linear High Measurement System. This latest addition to the Mitutoyo Linear Height Gauge lineup brings enhanced features and best-in-class precision, thanks to its high-accuracy scale unit and advanced guiding mechanism, both meticulously crafted in Mitutoyo's Japanese manufacturing facilities. The LH600F is designed to deliver superior measurement accuracy for a wide range of industrial applications.
In July 2022, Starrett, a renowned American manufacturer of precision tools and instruments, developed the Chordal Height Gauge-a specialized tool designed for the aviation industry. This innovative gauge is engineered to precisely measure the opening heights of turbine vanes at specific points, ensuring optimal airflow within aircraft engines. By enhancing measurement accuracy, the Chordal Height Gauge plays a crucial role in maintaining engine efficiency and performance.
Growth Forecast Projected:
The Global Electronic Height Gauge Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Electronic Height Gauge Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Electronic Height Gauge Market:
By Type: Small (0-300mm), Medium (300mm-700mm), Large (More Than 700mm).
By End-User: Automotive, Manufacturing, Construction, Energy and Utilities, Others.
By Application: Machining, Inspection and Calibration, Others.
Regional Analysis for Electronic Height Gauge Market:
The regional analysis of the Electronic Height Gauge Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
âž¡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
âž¡ Top-down and bottom-up approach for regional analysis
âž¡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
âž¡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
âž What is the global sales, production, consumption, import, and export value of the Electronic Height Gauge market?
âž Who are the leading manufacturers in the global Electronic Height Gauge industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
âž What opportunities and challenges do vendors in the global Electronic Height Gauge industry face?
âž Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
âž What are the key factors and limitations affecting the growth of the Electronic Height Gauge market?
âž What are the various sales, marketing, and distribution channels in the global industry?
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