Electronic Height Gauges Market Report: Trends, Forecast and Competitive Analysis to 2030

Electronic Height Gauges Trends and Forecast

The future of the global electronic height gauges market looks promising with opportunities in the industrial, commercial, organizations & institution, and research & development markets. The global electronic height gauges market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are rising demand for precision measurement, increasing awareness about the benefits of using electronic height gauges, and growing demand for portable height gauges.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electronic Height Gauges by Segment

The study includes a forecast for the global electronic height gauges by technology, application, end use, and region.

Electronic Height Gauges Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Manual
• Digital
• Air-Suspension

Electronic Height Gauges Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Industrial
• Commercial
• Organizations & Institutions
• Research & Development
• Others

Electronic Height Gauges Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Aerospace
• Manufacturing
• Construction
• Energy & Utilities
• Others

Electronic Height Gauges Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electronic Height Gauges Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic height gauges companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic height gauges companies profiled in this report include-

• Starrett
• Mitutoyo
• Mahr
• Tesa Brown & Sharpe
• Sylvac

Electronic Height Gauges Market Insights

Lucintel forecasts that manual is expected to witness highest growth over the forecast period.

Within this market, industrial will remain the largest segment due to growing adoption of these gauges n a variety of industrial settings, such as manufacturing plants, warehouses and storage facilities, workshops, and production sites.

APAC is expected to be the largest region over the forecast period due to fast industrialization and growing construction activities in this region.

Features of the Global Electronic Height Gauges Market

Market Size Estimates: Electronic height gauges market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electronic height gauges market size by technology, application, end use, and region in terms of value ($B).

Regional Analysis: Electronic height gauges market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, applications, end uses, and regions for the electronic height gauges market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic height gauges market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for electronic height gauges market?

Answer: The global electronic height gauges market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the electronic height gauges market?

Answer: The major drivers for this market are rising demand for precision measurement, increasing awareness about the benefits of using electronic height gauges, and growing demand for portable height gauges.

Q3. What are the major segments for electronic height gauges market?

Answer: The future of the electronic height gauges market looks promising with opportunities in the industrial, commercial, organizations & institution, and research & development markets.

Q4. Who are the key electronic height gauges market companies?

Answer: Some of the key electronic height gauges companies are as follows:

• Starrett
• Mitutoyo
• Mahr
• Tesa Brown & Sharpe
• Sylvac

Q5. Which electronic height gauges market segment will be the largest in future?

Answer: Lucintel forecasts that manual is expected to witness highest growth over the forecast period.

Q6. In electronic height gauges market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to be the largest region over the forecast period due to fast industrialization and growing construction activities in this region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electronic height gauges market by technology (manual, digital, and air-suspension), application (industrial, commercial, organizations & institutions, research & development, and others), end use (automotive, aerospace, manufacturing, construction, energy & utilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?