Dublin, Sept. 11, 2023 (GLOBE NEWSWIRE) -- The "LCR Meters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global LCR Meters Market to Reach $953.7 Million by 2030
The global market for LCR Meters estimated at US$725 Million in the year 2022, is projected to reach a revised size of US$953.7 Million by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. Benchtop, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$710 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Handheld segment is readjusted to a revised 4.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $194.2 Million, While China is Forecast to Grow at 5.2% CAGR
The LCR Meters market in the U.S. is estimated at US$194.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$192.2 Million by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Market Scope
This dataset offers a comprehensive analysis of the global LCR Meters market, covering the period from 2014 to 2030. It presents recent, historic, and future annual sales figures in US$ thousand for LCR Meters. The analysis is segmented by geographic regions, encompassing the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa markets.
The dataset examines two main product categories: Benchtop and Handheld LCR Meters. It provides an independent analysis of annual sales for the specified years and calculates the compound annual growth rate (% CAGR).
Additionally, the dataset presents a 16-year perspective, offering a percentage breakdown of value sales for different years and regions, providing insights into market trends and distribution.
Select Competitors (Total 48 Featured) -
- Applent Instruments
- B&K Precision
- Chroma ATE Inc.
- Doble Engineering Company
- Extech Instruments
- GW Instek
- Hameg Instruments
- Hioki EE
- IET Labs
- Keysight Technologies
- MECO Instruments
- National Instruments
- Newtons4th
- Rohde & Schwarz
- Sanwa Electric Instrument
- Scientific Mes-Technik
- Siborg Systems
- Stanford Research Systems
Market Overview
- Influencer Market Insights
- World Market Trajectories
- LCR Meters - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 226 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $725 Million |
| Forecasted Market Value (USD) by 2030 | $953.7 Million |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/pvckm9
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