A measuring instrument is a device for measuring a physical quantity. In the physical sciences, quality assurance, and engineering, measurement is the activity of obtaining and comparing physical quantities of real-world objects and events. Established standard objects and events are used as units, and the process of measurement gives a number relating the item under study and the referenced unit of measurement. Measuring instruments, and formal test methods which define the instrument's use, are the means by which these relations of numbers are obtained. All measuring instruments are subject to varying degrees of instrument error and measurement uncertainty. These instruments may range from simple objects such as rulers and stopwatches to electron microscopes and particle accelerators. Virtual instrumentation is widely used in the development of modern measuring instruments.
This report contains market size and forecasts of Measuring Instruments in global, including the following market information:
Global Measuring Instruments Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Measuring Instruments Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Measuring Instruments companies in 2021 (%)
The global Measuring Instruments market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Optical Measuring Instruments Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Measuring Instruments include Hanatek, Gantner Instruments, Chauvin Arnoux, Precision, Philipp Hafner, PCE Instruments, Hexagon, Multi Measuring Instruments Co.,Ltd. and Yokogawa Electric Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Measuring Instruments manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Measuring Instruments Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Measuring Instruments Market Segment Percentages, by Type, 2021 (%)
Optical Measuring Instruments
Vacuum Measuring Instruments
Torque Measuring Instruments
Other
Global Measuring Instruments Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Measuring Instruments Market Segment Percentages, by Application, 2021 (%)
Education
Industrial
Others
Global Measuring Instruments Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Measuring Instruments Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Measuring Instruments revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Measuring Instruments revenues share in global market, 2021 (%)
Key companies Measuring Instruments sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Measuring Instruments sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hanatek
Gantner Instruments
Chauvin Arnoux
Precision
Philipp Hafner
PCE Instruments
Hexagon
Multi Measuring Instruments Co.,Ltd.
Yokogawa Electric Corporation
DEWETRON
Mahr Metrology
Klay