Stroboscope Market

Increasing automotive industry across the globe is driving the market for stroboscope

Technology-driven changes have been the key trend in the automotive industry. Key manufacturers in the automotive industry are focusing on changing consumer’s behaviour and launching new products to fulfil the customers’ requirements. East Asia is in the leading position among the global passenger car manufacturers with approximately more than 25% of total cars manufactured around the world.  With the trends as mentioned earlier, the automotive industry is growing by leaps and bounds, which is driving the market for stroboscope. 

On the other hand, lack of key manufacturers of stroboscope and lack of awareness about the condition monitoring and preventive maintenance, the restraints that are hampering the market growth of stroboscope.

Stroboscope Market: Competition Landscape

Key manufacturer of stroboscope are ELECTROMATIC Equipment Co., Inc., ELMED, PCE Deutschland GmbH, Fluke, Monarch Instrument, Adash spol. s r.o., FLIR Systems, Rishikesh Stroboscope Pvt. Ltd, SKF, Hans Schmidt & Co GmbH, Alluris GmbH & Co. KG, Cole-Parmer India Pvt. Ltd., REEDInstruments, SPM Instrument AB, IET Labs Inc., Testo SE & Co. KGaA. Key players are continuously focusing on developing the advanced technology stroboscope.

• Testo SE & Co. KGaA, the leading manufacturer of stroboscope, has recently launched testo 477 - LED stroboscope, which has the measuring range up to 300000 fpm (flashes per minute) and has very high illumination up to 1500 Lux. This LED stroboscope is integrated with impact protect and can be used in any working condition. Uninterrupted measurements can be carried out for up to 5 hours.

Stroboscope Market: Regional Outlook

Global stroboscope market is anticipated to show significant growth in the forecast period, based on geography. Global stroboscope market is segmented into seven key regions: Middle East & Africa, South Asia, East Asia, Latin America, North America, Europe, and Oceania. Faster growth of the textile industry in East Asia, South Asia, and North America is driving the market for stroboscope in these regions. East Asia and North America are the major paper producing region. Therefore, significant growth in the stroboscope market is expected in these regions. Furthermore, the presence of key manufacturers like Monarch Instrument and Hans Schmidt & Co GmbH in North America and Europe respectively is promoting the growth of stroboscope market.

The report on global stroboscope market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved
• Technology
• Value Chain
• Market Drivers and Restraints

Regional analysis includes:         

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)