A light metre, also known as an illuminance metre or lux metre, is used by lighting professionals to gauge the quantity of light in a room or on a specific work surface.
The global market for the Light Intensity Metres is anticipated to develop at a compound annual growth rate (CAGR) of 6% throughout the course of the forecast, to reach US$ 681.35 Million by 2032.
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The photography and cinematography application segment is likely to grow at a faster pace
The photography and cinematography application segment is anticipated to experience strong revenue growth over the following ten years among the application segments. One aspect promoting the expansion of the photography and cinematography sector in the global market is the adoption of modern light metres with features like flash power control, integrated wireless triggering, radio frequency compatibility, etc.
North American region is accounted for the highest growth
Due to the existence of significant key players and robust distribution networks for these products, North America now dominates the light metre market and will maintain this trend. Due to its rapid industrialisation and technological advancements, Asia-Pacific is predicted to develop between 2022 and 2029.
The light metre features a sensor that detects light falling on it and calculates illumination for the user.
It is predicted that the market for light intensity metres would maintain its present pattern of strong growth over the forecasted period, which runs from 2022 to 2029. Over the years 2022-2029, the market for light intensity is anticipated to grow at an 8.2 percent CAGR and surpass USD 502.88 million.
For the projected period (2022–2029), the Global Light Intensity Meter Market report provides a comprehensive analysis of the market. The research covers a number of industries and analyses the main trends and determinants of the industry. The drivers, restraints, opportunities, challenges, and effects of these factors on the market are included in these market dynamics components. The market's intrinsic components are its drivers and constraints, whilst its extrinsic features are its possibilities and difficulties. The market growth in terms of revenue is predicted in the Global Light Intensity Meter Market research study for the anticipated time frame.
The primary factors for the light metre market growth include an increase in government measures to standardise lighting regulations, an increase in demand for light metres in the photography and cinematography industries, and an increase in the use of lux metres in indoor and outdoor sporting activities. The emergence of smartphone apps and light measurement devices to replace light metres, however, is limiting market growth. Furthermore, the development of wireless light metre technologies, the incorporation of IoT in light metres, and an increase in demand from the APAC region, which includes China, India, and Japan, all present attractive potential for market expansion.
Konica Minolta Sensing Americas, Inc., ATP Instrumentation, FLIR Systems, PCE Deutschland GmbH, Reed Instruments, STEP Systems GmbH, HIOKI E.E. Corporation, , International Light Technologies Inc., Panomex Inc., and Nordic Scientific & Natural Solutions AB are among the key players in the light metre market. To boost income in the light metre sector and develop new goods to expand their product line, these firms use collaboration, partnership, and agreement as essential development techniques.
A gadget called a light intensity metre monitors the quantity of light that comes in. This market research study keeps a close eye on key competitors with micro and macro market trend, strategic analysis, and scenarios, pricing analysis, and a comprehensive assessment of market conditions in the projected term. This in-depth study concentrates on market share, main segmentation, key drivers, and geographic analysis. The study also looks at important players, notable partnerships, mergers, and acquisitions, as well as present-day innovation and business strategies.
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Light Intensity Meter Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 502.88 million.|
|Growth Rate||CAGR of 8.2% during 2021-2028|
|Segment Covered||Type, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||Konica Minolta Sensing Americas, Inc., ATP Instrumentation, FLIR Systems, PCE Deutschland GmbH, Reed Instruments, STEP Systems GmbH, HIOKI E.E. Corporation, , International Light Technologies Inc., Panomex Inc. & among others|
Key Segments of the Global Light Intensity Meter
Type Overview, 2022-2029 (USD Million)
- Silicon Photodiode
- Normal Photodiode
Application User Overview, 2022-2029 (USD Million)
- Fabrication Fields
- Photography and Cinematography
- Office Area
- Hotel Area
- Hospital Sector
- Educational Area
- Business Areas/Shops
Regional Overview, 2022-2029 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and Africa