Digital Barometer Market
Description
Digital Barometer Market
Digital Barometer Market: Market Insights
Digital Barometers are used to measure barometric pressure, that is, atmospheric pressure and display the results in electronic format. Although barometers had been invented centuries back, the advanced digital barometers have witnessed plethora of modifications with additional feature, accuracy and compactness. Today’s digital barometers are popular for variety of reason ranging from contemporary styling, advance features, greater precision, long life and low on pocket nature. These characteristics make digital barometers a great choice for numerous applications in pharmaceutical industries, research laboratories, academic research institutes and many more. Apart from laboratories, digital barometers finds application in meteorological departments for weather forecast. Digital barometers can efficiently tell the short term expected changes in the climate. Modern day digital barometers are wall-mounted tablet form digital barometers which come with multi-specialties such as temperature, future forecast, time, etc. Digital barometers display enables easy interpretation of measurements and allows computer storage of the analysis. The electronic format of digital barometers allow multiple scales for precision and sensitivity. Moreover, the digital barometers tracks the atmospheric pressure for every minute.
Digital Barometer Market: Market Dynamics
Maintenance of specific atmospheric conditions are very important in research laboratories and pharmaceutical manufacturing as well as research and laboratory sites. Increasing demand for biotechnology and drug designing propel the growth of research institutes and pharmaceutical companies. This is considered as an important driver of digital barometer market. The advancements in technologies fuel the growth of digital barometers in market to develop new innovative product types with additional features and greater sensitivity in compact size with affordability. However, cheaper cost of normal barometers with same functionality make end users to not opt for digital barometers creating a restraint in global expansion of digital barometer market.
Digital Barometer Market: Segmentation
Tentatively, the global digital barometer market is segmented on modality, end users and geography.
Segmentation by Modality
Hand-held
Table-top
Wall-mounted
Segmentation by End Users
Pharmaceutical Companies
Research Laboratories
Academic Research Institutes
Winery and Breweries
Oil & Gas Industries
CMOs
Meteorological Department
Digital Barometer Market: Overview
Advancement in the technology in digital barometer significantly spur the market of digital barometer. On the basis of modality, the digital barometer market is fragmented into hand-held digital barometers, table-top digital barometers and wall-mounted digital barometers. The hand-held digital barometers are expected to account for the largest revenue share owing to maximum adoption by research laboratories and meteorological departments. However, wall-mounted digital barometers are expected to grow with highest CAGR over the forecast period due to the incorporation of various advance features. On the basis of end user, the digital barometer market is segmented into pharmaceutical companies, research laboratories, academic research institutes, winery and breweries, oil & gas industries, CMOs, and meteorological department. Meteorological department and research laboratories are estimated to account for the largest market share in the terms of revenue owing to increasing number of research laboratories and higher adoption by them in the forecast period.
Digital Barometer Market: Region-wise Outlook
In terms of geography, the digital barometer market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding & Japan (APEJ), Japan, Middle-East & Africa, and Latin America. North America is the most dominating market and holds the largest revenue share, due to higher presence of research and academic laboratories. Increasing expenditure and funding on biotechnology and research and developmental programs are also a contributor for domination of North America in digital barometer market. Europe accounts for the second large revenue share in the global digital barometer market, owing to increasing adoption of digital barometers by end users and higher expenditure on research and development. Asia Pacific is expected to witness rapid growth in the digital barometer market, due to advances in technology and establishments of science research groups and laboratories. China is expected to register significant growth, owing to presence of several local manufacturers. Latin America and Middle East & Africa are projected to exhibit slow growth in digital barometer market owing to limited demand from end users over the forecast years.
Digital Barometer Market: Key Players
Examples of some of the key service provider present in the global digital barometer market are Thermo Fisher Scientific, Traceable Products, Meteorologische Instrumente KG, Fotronic Corporation, Shenzhen Handsome Technology Co.,Ltd., NovaLynx Corporation, WIKA Alexander Wiegand SE & Co. KG, Ahlborn Mess- und Regelungstechnik GmbH, Aquatech Scientific Instruments LLC and Omegadyne, Inc. and others.
The report covers exhaustive analysis on,
Digital Barometer Market Segments
Digital Barometer Market Dynamics
Historical Actual Market Size, 2012 – 2016
Digital Barometer Market Size & Forecast 2016 to 2024
Digital Barometer Market Current Trends/Issues/Challenges
Competition & Companies involved
Digital Barometer Market Drivers and Restraints
Regional analysis includes
North America
Latin America
Europe
Asia Pacific Excluding China
China
Middle East & Africa
Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
Table of Contents
289 Pages
- 1. Executive Summary | Digital Barometer Market
- 1.1. Global Market Outlook
- 1.2. Demand-side Trends
- 1.3. Supply-side Trends
- 1.4. Technology Roadmap Analysis
- 1.5. Analysis and Recommendations
- 2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 3. Market Background
- 3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
- 3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
- 3.3. Opportunity Map Analysis
- 3.4. Product Life Cycle Analysis
- 3.5. Supply Chain Analysis
- 3.5.1. Supply Side Participants and Their Roles
- 3.5.1.1. Producers
- 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
- 3.5.1.3. Wholesalers and Distributors
- 3.5.2. Value Added and Value Created at Node in the Supply Chain
- 3.5.3. List of Raw Material Suppliers
- 3.5.4. List of Existing and Potential Buyers
- 3.6. Investment Feasibility Matrix
- 3.7. Value Chain Analysis
- 3.7.1. Profit Margin Analysis
- 3.7.2. Wholesalers and Distributors
- 3.7.3. Retailers
- 3.8. PESTLE and Porter’s Analysis
- 3.9. Regulatory Landscape
- 3.9.1. By Key Regions
- 3.9.2. By Key Countries
- 3.10. Regional Parent Market Outlook
- 3.11. Production and Consumption Statistics
- 3.12. Import and Export Statistics
- 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021
- 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis
- 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Modality
- 5.1. Introduction / Key Findings
- 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Modality, 2017 to 2021
- 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Modality, 2022 to 2032
- 5.3.1. Hand-held
- 5.3.2. Table-top
- 5.3.3. Wall-mounted
- 5.4. Y-o-Y Growth Trend Analysis By Modality, 2017 to 2021
- 5.5. Absolute $ Opportunity Analysis By Modality, 2022 to 2032
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Users
- 6.1. Introduction / Key Findings
- 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Users, 2017 to 2021
- 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Users, 2022 to 2032
- 6.3.1. Pharmaceutical Companies
- 6.3.2. Research Laboratories
- 6.3.3. Academic Research Institutes
- 6.3.4. Winery and Breweries
- 6.3.5. Oil & Gas Industries
- 6.3.6. CMOs
- 6.3.7. Meteorological Department
- 6.4. Y-o-Y Growth Trend Analysis By End Users, 2017 to 2021
- 6.5. Absolute $ Opportunity Analysis By End Users, 2022 to 2032
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 7.1. Introduction
- 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021
- 7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032
- 7.3.1. North America
- 7.3.2. Latin America
- 7.3.3. Europe
- 7.3.4. East Asia
- 7.3.5. South Asia & Pacific
- 7.3.6. Middle East and Africa
- 7.4. Market Attractiveness Analysis By Region
- 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
- 8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
- 8.2.1. By Country
- 8.2.1.1. USA
- 8.2.1.2. Canada
- 8.2.2. By Modality
- 8.2.3. By End Users
- 8.3. Market Attractiveness Analysis
- 8.3.1. By Country
- 8.3.2. By Modality
- 8.3.3. By End Users
- 8.4. Key Takeaways
- 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
- 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
- 9.2.1. By Country
- 9.2.1.1. Mexico
- 9.2.1.2. Brazil
- 9.2.1.3. Rest of Latin America
- 9.2.2. By Modality
- 9.2.3. By End Users
- 9.3. Market Attractiveness Analysis
- 9.3.1. By Country
- 9.3.2. By Modality
- 9.3.3. By End Users
- 9.4. Key Takeaways
- 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
- 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
- 10.2.1. By Country
- 10.2.1.1. Germany
- 10.2.1.2. Italy
- 10.2.1.3. France
- 10.2.1.4. United Kingdom
- 10.2.1.5. Spain
- 10.2.1.6. BENELUX
- 10.2.1.7. Russia
- 10.2.1.8. Rest of Europe
- 10.2.2. By Modality
- 10.2.3. By End Users
- 10.3. Market Attractiveness Analysis
- 10.3.1. By Country
- 10.3.2. By Modality
- 10.3.3. By End Users
- 10.4. Key Takeaways
- 11. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
- 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
- 11.2.1. By Country
- 11.2.1.1. China
- 11.2.1.2. Japan
- 11.2.1.3. South Korea
- 11.2.2. By Modality
- 11.2.3. By End Users
- 11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Modality
- 11.3.3. By End Users
- 11.4. Key Takeaways
- 12. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
- 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
- 12.2.1. By Country
- 12.2.1.1. India
- 12.2.1.2. ASEAN
- 12.2.1.3. Australia and New Zealand
- 12.2.1.4. Rest of South Asia & Pacific
- 12.2.2. By Modality
- 12.2.3. By End Users
- 12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Modality
- 12.3.3. By End Users
- 12.4. Key Takeaways
- 13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
- 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
- 13.2.1. By Country
- 13.2.1.1. GCC Countries
- 13.2.1.2. Turkey
- 13.2.1.3. South Africa
- 13.2.1.4. Rest of Middle East and Africa
- 13.2.2. By Modality
- 13.2.3. By End Users
- 13.3. Market Attractiveness Analysis
- 13.3.1. By Country
- 13.3.2. By Modality
- 13.3.3. By End Users
- 13.4. Key Takeaways
- 14. Key Countries Market Analysis
- 14.1. USA
- 14.1.1. Pricing Analysis
- 14.1.2. Market Share Analysis, 2021
- 14.1.2.1. By Modality
- 14.1.2.2. By End Users
- 14.2. Canada
- 14.2.1. Pricing Analysis
- 14.2.2. Market Share Analysis, 2021
- 14.2.2.1. By Modality
- 14.2.2.2. By End Users
- 14.3. Mexico
- 14.3.1. Pricing Analysis
- 14.3.2. Market Share Analysis, 2021
- 14.3.2.1. By Modality
- 14.3.2.2. By End Users
- 14.4. Brazil
- 14.4.1. Pricing Analysis
- 14.4.2. Market Share Analysis, 2021
- 14.4.2.1. By Modality
- 14.4.2.2. By End Users
- 14.5. Germany
- 14.5.1. Pricing Analysis
- 14.5.2. Market Share Analysis, 2021
- 14.5.2.1. By Modality
- 14.5.2.2. By End Users
- 14.6. Italy
- 14.6.1. Pricing Analysis
- 14.6.2. Market Share Analysis, 2021
- 14.6.2.1. By Modality
- 14.6.2.2. By End Users
- 14.7. France
- 14.7.1. Pricing Analysis
- 14.7.2. Market Share Analysis, 2021
- 14.7.2.1. By Modality
- 14.7.2.2. By End Users
- 14.8. United Kingdom
- 14.8.1. Pricing Analysis
- 14.8.2. Market Share Analysis, 2021
- 14.8.2.1. By Modality
- 14.8.2.2. By End Users
- 14.9. Spain
- 14.9.1. Pricing Analysis
- 14.9.2. Market Share Analysis, 2021
- 14.9.2.1. By Modality
- 14.9.2.2. By End Users
- 14.10. BENELUX
- 14.10.1. Pricing Analysis
- 14.10.2. Market Share Analysis, 2021
- 14.10.2.1. By Modality
- 14.10.2.2. By End Users
- 14.11. Russia
- 14.11.1. Pricing Analysis
- 14.11.2. Market Share Analysis, 2021
- 14.11.2.1. By Modality
- 14.11.2.2. By End Users
- 14.12. China
- 14.12.1. Pricing Analysis
- 14.12.2. Market Share Analysis, 2021
- 14.12.2.1. By Modality
- 14.12.2.2. By End Users
- 14.13. Japan
- 14.13.1. Pricing Analysis
- 14.13.2. Market Share Analysis, 2021
- 14.13.2.1. By Modality
- 14.13.2.2. By End Users
- 14.14. South Korea
- 14.14.1. Pricing Analysis
- 14.14.2. Market Share Analysis, 2021
- 14.14.2.1. By Modality
- 14.14.2.2. By End Users
- 14.15. India
- 14.15.1. Pricing Analysis
- 14.15.2. Market Share Analysis, 2021
- 14.15.2.1. By Modality
- 14.15.2.2. By End Users
- 14.16. ASIAN
- 14.16.1. Pricing Analysis
- 14.16.2. Market Share Analysis, 2021
- 14.16.2.1. By Modality
- 14.16.2.2. By End Users
- 14.17. Australia and New Zealand
- 14.17.1. Pricing Analysis
- 14.17.2. Market Share Analysis, 2021
- 14.17.2.1. By Modality
- 14.17.2.2. By End Users
- 14.18. GCC Countries
- 14.18.1. Pricing Analysis
- 14.18.2. Market Share Analysis, 2021
- 14.18.2.1. By Modality
- 14.18.2.2. By End Users
- 14.19. Turkey
- 14.19.1. Pricing Analysis
- 14.19.2. Market Share Analysis, 2021
- 14.19.2.1. By Modality
- 14.19.2.2. By End Users
- 14.20. South Africa
- 14.20.1. Pricing Analysis
- 14.20.2. Market Share Analysis, 2021
- 14.20.2.1. By Modality
- 14.20.2.2. By End Users
- 15. Market Structure Analysis
- 15.1. Competition Dashboard
- 15.2. Competition Benchmarking
- 15.3. Market Share Analysis of Top Players
- 15.3.1. By Regional
- 15.3.2. By Modality
- 15.3.3. By End Users
- 16. Competition Analysis
- 16.1. Competition Deep Dive
- 16.1.1. Thermo Fisher Scientific
- 16.1.1.1. Overview
- 16.1.1.2. Product Portfolio
- 16.1.1.3. Profitability by Market Segments
- 16.1.1.4. Sales Footprint
- 16.1.1.5. Strategy Overview
- 16.1.1.5.1. Marketing Strategy
- 16.1.1.5.2. Product Strategy
- 16.1.1.5.3. Channel Strategy
- 16.1.2. Traceable Products
- 16.1.2.1. Overview
- 16.1.2.2. Product Portfolio
- 16.1.2.3. Profitability by Market Segments
- 16.1.2.4. Sales Footprint
- 16.1.2.5. Strategy Overview
- 16.1.2.5.1. Marketing Strategy
- 16.1.2.5.2. Product Strategy
- 16.1.2.5.3. Channel Strategy
- 16.1.3. Shenzhen Handsome Technology Co., Ltd.
- 16.1.3.1. Overview
- 16.1.3.2. Product Portfolio
- 16.1.3.3. Profitability by Market Segments
- 16.1.3.4. Sales Footprint
- 16.1.3.5. Strategy Overview
- 16.1.3.5.1. Marketing Strategy
- 16.1.3.5.2. Product Strategy
- 16.1.3.5.3. Channel Strategy
- 16.1.4. NovaLynx Corporation
- 16.1.4.1. Overview
- 16.1.4.2. Product Portfolio
- 16.1.4.3. Profitability by Market Segments
- 16.1.4.4. Sales Footprint
- 16.1.4.5. Strategy Overview
- 16.1.4.5.1. Marketing Strategy
- 16.1.4.5.2. Product Strategy
- 16.1.4.5.3. Channel Strategy
- 16.1.5. WIKA Alexander Wiegand SE & Co. KG
- 16.1.5.1. Overview
- 16.1.5.2. Product Portfolio
- 16.1.5.3. Profitability by Market Segments
- 16.1.5.4. Sales Footprint
- 16.1.5.5. Strategy Overview
- 16.1.5.5.1. Marketing Strategy
- 16.1.5.5.2. Product Strategy
- 16.1.5.5.3. Channel Strategy
- 16.1.6. Ahlborn Mess- und Regelungstechnik GmbH
- 16.1.6.1. Overview
- 16.1.6.2. Product Portfolio
- 16.1.6.3. Profitability by Market Segments
- 16.1.6.4. Sales Footprint
- 16.1.6.5. Strategy Overview
- 16.1.6.5.1. Marketing Strategy
- 16.1.6.5.2. Product Strategy
- 16.1.6.5.3. Channel Strategy
- 16.1.7. Aquatech Scientific Instruments LLC
- 16.1.7.1. Overview
- 16.1.7.2. Product Portfolio
- 16.1.7.3. Profitability by Market Segments
- 16.1.7.4. Sales Footprint
- 16.1.7.5. Strategy Overview
- 16.1.7.5.1. Marketing Strategy
- 16.1.7.5.2. Product Strategy
- 16.1.7.5.3. Channel Strategy
- 16.1.8. Omegadyne, Inc.
- 16.1.8.1. Overview
- 16.1.8.2. Product Portfolio
- 16.1.8.3. Profitability by Market Segments
- 16.1.8.4. Sales Footprint
- 16.1.8.5. Strategy Overview
- 16.1.8.5.1. Marketing Strategy
- 16.1.8.5.2. Product Strategy
- 16.1.8.5.3. Channel Strategy
- 17. Assumptions & Acronyms Used
- 18. Research Methodology
Pricing
Currency Rates
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