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Pulished Date August, 2021
ID: 9984
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Light Meter Market Segmentation By Display (Analog and Digital), By Type (General-Purpose Light Meters, LED Light Meters, and UV Light Meters), By Lux Range (0–200K Lux and Above 200K Lux), and By Application (Photography & Cinematography, Commercial Spaces, Manufacturing Plants & Warehouses, University Campuses & Schools, Clinics & Hospitals, and Others) Industry Forecast | 2021 to 2026

Pulished: August, 2021
ID: 9984
Pages: 175

Market Overview

The Global Light Meter Market is anticipated to develop in a considerable manner over the outlook period. It is foreseen that the target market will get valued around USD 466.81 Million by 2026 from USD 292.67 Million in 2021, expanding at a CAGR of 6.21% over the period of 2021 to 2026.

Light meter, which is also known as LUX meter, is an instrument that was created for measuring the exposure of light by means of a photocell while capturing a photograph so that the camera settings that were needed like shutter speed and f-number can be determined. These light meters are useful for determining light's brightness in a place that is required for taking a photograph. They mostly include either digital or analog electronic circuits.

Among the market, 45% of retailers are being explored in indoor farming for meeting the growing demand for fresh, sustainable, locally grown food, which is increasing the trend of “farm-anywhere”. These growing trends are creating wide opportunities for the global light meter market. Also, the imposition of government regulations worldwide regarding the deployment of energy-efficient lightings like LED lightings is expected to boost the need for LED light meters over various sectors.

Recent Developments

  • Konica Minolta Business Solutions (UK) Limited has announced that it is now partnered with the ITECH Managed Services, a Manchester-based specialist managed print and IT services provider, which is a key part of the continued expansion of the Channel market, for providing additional expert support to its customers across all parts of the UK.
  • FLIR EST, one of the key players in the Global Light Meter Market, has introduced a frontline screening at building entries and in high traffic areas for improving the safety and help curb the spread of COVID-19.

Drivers and Restraints of Light Meter Market

The rising advancements in the wireless light meter technologies are the major factor that was driving the growth of the Global Light Meter Market. Also, growth in the demand for light meters among the photography and cinematography industries, all around the world is another factor that was pushing the growth of the target market. And the factors like imposed regulations for the improvement of the lighting at the workplace and the initiatives towards the standardization of lighting protocols by the governments of various countries are further pushing the Light Meter Market's growth.

However, the introduction of smartphones that are amalgamated with inbuilt cameras with light sensors that can measure light is the major restraint that was hampering the growth of the Global Light Meter Market. Additionally, the availability of mobile applications of the light sensor is the other factor that was challenging the growth of the target market.

Nonetheless, increasing usage of the wireless light meter and rising adoption of these light meters among the emerging economies are creating lucrative opportunities for the expansion of the players in the Global Light Meter Market.

Impact of COVID-19 on the Light Meter Market

The effect of the COVID-19 on the Global Light Meter Market is evident as there is a significant slowdown in business activities around the world. Moreover, the lockdown that was imposed in various industries has resulted in the stalled the revenue of the target market. However, the need for these light meters among the workspaces among others is expected to support the Light Meter Market's growth. Further, initiatives and the strategies of the players among the market is anticipated to bring the target market to normalcy.

Market Segmentation of Light Meter Market

Based on the type of device, the global Light Meter market is segmented into General-Purpose Light Meters, LED Light Meters, and UV Light Meters.

And based on the type of Display, the global Light Meter market is segmented into High Analog and Digital.

On the LUX Range Outlook, the global Light Meter market is segmented into 0–200K Lux and Above 200K Lux.

And on the Application Segmentation, the global Light Meter market is segmented into Photography & Cinematography, Commercial Spaces, Manufacturing Plants & Warehouses, University Campuses & Schools, Clinics & Hospitals, and Others.

Light Meter Market Region wise analysis

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

In the regional analysis of the Global Light Meter Market, North America held the prominent share of the global market based on the revenue. The major factors driving the growth of the target market in this region are the presence of prominent players and the high disposable income among the consumers in North America. Moreover, it is expected that the North America Light Meter Market is going to maintain its dominance over the forecast period owing to the rising adoption of advanced technology and instruments in numerous industries.

Europe Light Meter Market accounted for the second-highest share in the revenue of the global market. Further, Asia-Pacific Light Meter Market is anticipated to witness the high growth in terms of revenue during the coming years. The rising industrial sector in strong economies such as India, South Korea, and China is the major factor that was propelling the growth of the Light Meter Market in Asia-Pacific.

Key Players of Light Meter Market

The key players in the Global Light Meter Market includes Konica Minolta Sensing Americas (US), FLIR Systems (US), Sekonic (Japan), Testo SE (Germany), Hioki (Japan), Amprobe (US), KERN & SOHN (Germany), B&K Precision (US), Line Seiki (Japan), PCE Deutschland (Germany), Hanna Instruments (US), Lutron Electronics (US), Kyoritsu Electrical Instruments Works (Japan), Martindale Electric (UK), TQC B. V. (the Netherlands), and KIMO Instruments (UK).

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Light Meter Market, By Type            

                    6.1.1 General-Purpose Light Meters      

                    6.1.2 LED Light Meters      

                    6.1.3 UV Light Meters       

                    6.1.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.5 Y-o-Y Growth Rate Analysis         

                    6.1.6 Market Attractiveness Index         

          6.2 Light Meter Market, By Application             

                    6.2.1 Photography & Cinematography    

                    6.2.2 Commercial Spaces  

                    6.2.3 Manufacturing Plants & Warehouses        

                    6.2.4 University Campuses & Schools    

                    6.2.5 Clinics & Hospitals   

                    6.2.6 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.7 Y-o-Y Growth Rate Analysis         

                    6.2.8 Market Attractiveness Index         

          6.3 Light Meter Market, By Display                  

                    6.3.1 Analog

                    6.3.2 Digital 

                    6.3.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.4 Y-o-Y Growth Rate Analysis         

                    6.3.5 Market Attractiveness Index         

          6.4 Light Meter Market, By LUX Range             

                    6.4.1 0–200K Lux   

                    6.4.2 Above 200K Lux      

                    6.4.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.4.4 Y-o-Y Growth Rate Analysis         

                    6.4.5 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Type         

                    7.2.3 By Application

                    7.2.4 By Display      

                    7.2.5 By LUX Range 

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Type         

                    7.3.3 By Application

                    7.3.4 By Display      

                    7.3.5 By LUX Range 

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Type         

                    7.4.3 By Application

                    7.4.4 By Display      

                    7.4.5 By LUX Range 

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Type         

                    7.5.3 By Application

                    7.5.4 By Display      

                    7.5.5 By LUX Range 

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Type         

                    7.6.3 By Application

                    7.6.4 By Display      

                    7.6.5 By LUX Range 

8. Key Player Analysis                           

          8.1 Konica Minolta Sensing Americas               

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 FLIR Systems              

          8.3 Sekonic            

          8.4 Testo SE           

          8.5 Hioki                

          8.6 Amprobe          

          8.7 B&K Precision              

          8.8 Line Seiki         

          8.9 PCE Deutschland                   

          8.10 Lutron Electronics               

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Light Meter Market By Region, From 2021-2026 ( USD Billion )
  2. Global Light Meter Market By Type, From 2021-2026 ( USD Billion )
  3. Global General-Purpose Light Meters Market By Region, From 2021-2026 ( USD Billion )
  4. Global LED Light Meters Market By Region, From 2021-2026 ( USD Billion )
  5. Global UV Light Meters Market By Region, From 2021-2026 ( USD Billion )
  6. Global Light Meter Market By Application, From 2021-2026 ( USD Billion )
  7. Global Photography & Cinematography Market By Region, From 2021-2026 ( USD Billion )
  8. Global Commercial Spaces Market By Region, From 2021-2026 ( USD Billion )
  9. Global Manufacturing Plants & Warehouses Market By Region, From 2021-2026 ( USD Billion )
  10. Global University Campuses & Schools Market By Region, From 2021-2026 ( USD Billion )
  11. Global Clinics & Hospitals Market By Region, From 2021-2026 ( USD Billion )
  12. Global Light Meter Market By Display, From 2021-2026 ( USD Billion )
  13. Global Analog Market By Region, From 2021-2026 ( USD Billion )
  14. Global Digital Market By Region, From 2021-2026 ( USD Billion )
  15. Global Light Meter Market By LUX Range, From 2021-2026 ( USD Billion )
  16. Global 0–200K Lux Market By Region, From 2021-2026 ( USD Billion )
  17. Global Above 200K Lux Market By Region, From 2021-2026 ( USD Billion )

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