The digital tachometer market generated US$ 21.80 million in 2022. Demand for digital tachometer is predicted to grasp a value of US$ 51.61 million by 2032, expanding at a CAGR of 9%.
Accuracy is likely to remain the key to expansion for manufacturers. In the automotive sector, international manufacturers produce digital tachometers with RPM-based control solutions to display precise units.
Attributes
Details
Digital Tachometer Market CAGR
9%
Digital Tachometer Market (2022)
US$ 21.80 Million
Digital Tachometer Market (2032)
US$ 51.61 Million
In addition to this, a scramble from the typical tachometer features to getting traffic information directly from the engine is carving a smoother adoption path for the end-use industries. As vehicles are no longer used for just a commute but also for deliveries and similar commercial purposes, manufacturers focus on enhancing digital tachometers with value-added functions. Currently, the preferred digital tachometers sport the ability to display engine speed, water temperature, oil pressure, battery voltage, percent load, fuel rate, true engine hours, boost pressure, and all active engine faults.
Currently, manufacturers use laser technology to measure high-speed RPM in digital tachometers. Based on the speed, the popularity of digital tachometers between the range of 10 and 99.999 RPM remains high as it makes it easier to monitor high RPM.
Tachometers from certain digital tachometers market players can measure RPM in a variety of ways. Both contact (wheel and cone contact) and non-contact (laser) measurements are possible with these. These single portable digital tachometers may therefore be used to address a variety of RPM measuring problems. Certain companies produce portable and pocket-sized non-contact digital tachometers. These have a measurement range of 2 to 99,999 RPM for rotating objects. Additionally, these tachometers have an exclusive LSI microcomputer chip. These are protected by a sturdy ABS casing and have an intuitive interface for easy hand gripping. The spinning shaft need not be touched in order to measure the speed. This laser tachometer has an additional benefit if the spinning disc being measured is hazardous up close.
Manufacturers of digital tachometers now also produce tachometers for chainsaws, lawnmowers, generators, dirt bikes, and other small-engine machinery. These are intended for machines with little more than two cycles. These tachometers also count the number of hours the engine has run, which is crucial for an oil change reminder.
Using laser technology that is incorporated into the instrument, the boat tachometer functions. The digital faceplate of the boat tachometer is either white or black, and direct illumination of the gauge is useful at night. It is situated next to the speedometer on the dashboard. In order to offer precise readings of travel speed as well as the pitch, roll, and yaw movements of the boat, boat tachometer manufacturer VDA has introduced the NavSensor with an integrated satellite receiver module.
Digital tachometer have now become critically important due to high safekeeping reasons in every part of the world. A digital tachometer is a digital device which is used to measure rotational speed of an object. It can be a car tire, ceiling fan and any other motor or machine.
It usually helps in displaying the revolution per minute (valued information for understanding any rotational system) on a digital displays. It has a LED or LCD readout with memory is provided for storage. At the same time it can also do statistical functions like averaging etc.
The word is derived from the Greek word taxos (tachos) meaning “speed” and metron “measure”. Traditionally, digital tachometer was arranged with a dial and a needle that shows the current markings and readings and indicates the dangerous and safe level. Conversely, digital tachometer provides numerical readings instead of using needles and dials.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Digital Tachometer Market: Drivers & Restraints
With growing needs for safety and security, the digital tachometer is anticipated to be the major target market in near future, thus continues to gain attention from various end user industries. Major applications of digital tachometer are automobiles, trucks, tractors, aircraft, used to estimate traffic engineering, in trains and light rail vehicles.
Increasing demand for indicating a safe range of rotation speed is the foremost driver identified in the digital tachometer market. Safety guidance from government side is also helping in increasing the degree of awareness among the end users.
However, high maintenance cost such as magnets which can weaken over time, or if overheated, and cause incorrect measurements along with lack of safety and security related litigations are the major setback for digital tachometer market.
Digital Tachometer Market: Region-wise Outlook
The global digital tachometer market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.
The marketplace for these systems is largely fragmented and large number of domestic and regional players exists across the globe. The market growth in developed economies for these systems is expected between 7% and 10% whereas in developing regions the growth may even exceed 15% during coming five years.
With advancement in technology, increased investment in automobiles, aircraft and others, Asia-Pacific is estimated to be the growth engine for the global digital tachometer. India and china will serve as the most attractive market for the Digital tachometer market. The remaining regions are expected to grow at a steady rate over the forecast period 2015-2025.
Find your sweet spots for generating winning opportunities in this market.
Digital Tachometer Market: Key Players
Some of the players identified in the digital tachometer market are LOR, SRI Electronics, Kusam Meco, Waco, Lutron, Samson, Design Technology, Aetna Engineering, Digital Promoters, Faria Beede, and Shanghai Tachometer, among many others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Digital Tachometer Market: Segmentation
Based on the data acquisition technique, the global digital tachometer market can be broadly classified into two types as:
Contact type (wheel of the tachometer needs to be brought into contact with the rotating object)
Non-Contact type (measurement can be made without attaching to rotating object)
Based on the measurement technique, the global digital tachometer market can be broadly classified into two types as:
Time measurement (measures the time interval between incoming pulses)
Frequency measurement (measures the frequency of the incoming pulses)
On the basis of major applications, global digital tachometer market can be segmented as:
Automobiles (Automobile tachometers display how many revolutions per minute an engine is putting out)
Airplanes
Medical Applications
Others (Traffic engineering and Laser instruments)
Frequently Asked Questions
What is the Growth Outlook for Digital Tachometer Market?
The market is likely to register a CAGR of 9% through 2032.
What is the Current Valuation of the Market?
The market is currently valued at US$ 21.80 Mn in 2022.
How is the Future of the Market?
The market is likely to grow to a valuation of US$ 51.61 Mn by 2032
Which is the Leading Region in the Market?
North America is likely to be a leading market during the forecast period.
