Table of Contents
This research study presents a detailed analysis of the global measurement gages market. A breakdown of the following gages is included in the analysis: height gages, depth gages, ring gages, and plug-and-bore gages. The research study provides an in-depth analysis of the measurement gages market in various regions such as North America, Europe, Asia-Pacific, and Rest of World. In addition, the study includes the drivers and restraints, forecast and trends, market share and competitive analysis, and additional sources of information for the measurement gages market. The study period for the research service is from 2009 to 2017, with a base year of 2012.
In 2012, the global measurement gages market was valued at $ million and is expected to reach $ million by 2017.
In 2012, Asia-Pacific (APAC) accounted for %, valued at $ million, and North America accounted for %, valued at $million. The major portion of revenue is generated by medium- and small-sized automotive end users.
The total market is expected to grow at a compound annual growth rate (CAGR) of % from 2012 to 2017.
Among the various gages covered in this study, the height gage and plug-and-bore gage have the biggest shares. However, the ring gauge segment will likely have the highest growth because of demand from the automotive industry for alignment, profiling, dimensional measurement, and control.
The plug-and-bore segment will continue to be the biggest revenue-generating segment as those gages are best known for repeatability and discrimination and best suited to electronic data collection systems.
Sales of measurement gages online will likely increase. Leading companies should increase their presence online through innovative digital market techniques.
Leading companies such as Mitutoyo Corporation, Mahr GmbH, LS Starrett, and Hexagon Metrology continue to be market leaders by selling standard gages to different end users worldwide. Regional companies continue to capitalize on market opportunities by selling customized gages based on end-user requirements.
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