Global Brightness Meter Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The brightness meters are used to measure the transparency and optical properties of various materials. Brightness meter measures the brightness of various materials at once and save the data even after the power has been lost. It is used in pulp & paper industry to determine the thickness of paper. It is also used in other end use industries such as Chemicals, Paints and Textiles among others. Growing Paper & Pulp industry and increasing demand for brightness meter in end use applications as well as recent product launches from leading market players are key drivers for growth of Brightness Meter Market. For instance, according to Statista - in 2020, the global market for pulp and paper was estimated at USD 349.18 billion. It is projected to reach to USD 370 billion by end of 2028. Furthermore, in August 2021, US based Monnit Corporation launched ALTA Photosynthetically Active Radiation (PAR) Light Meter for Agriculture Operations. This meter is intended for measuring light levels that impacts plant health and growth. Also, growing digitization across different industries and rising manufacturing sector in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of awareness towards the product among end users impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Brightness Meter Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of growing film and television industry and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing manufacturing industry increasing end use applications of brightness meter in the region, would create lucrative growth prospects for the Brightness Meter Market across the Asia Pacific.
Major market players included in this report are:
EIE Instruments Private Limited
Lisun Instruments Limited
X-Rite Incorporated.
Shenzhen Sanpo Instrument Co., Ltd.
THE BHARAT GROUP
Inventfine Instruments Ltd.
Hangzhou Hopoo Light & Color Technology Co. Ltd.
PCE Deutschland GmbH
Konica Minolta Sensing Americas, Inc.
Aimil Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Digital Brightness Meter
Analog Brightness Meter
By Application:
Textile industry
Paper and Pulp Making
Film and Television
Research Institution
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Brightness Meter Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
