Light Meter Market

Light Meter Market by Display (Analog and Digital), Type (General-Purpose, LED, and UV), Lux Range (0–200K Lux and Above 200K Lux), Application (Photography & Cinematography, Commercial Spaces, Clinics & Hospitals), and Region - Global Forecast to 2023

Report Code: SE 6206 Apr, 2018, by marketsandmarkets.com

[130 Pages Report] The light meter market was valued USD 284.3 Million in 2017 and is expected to reach USD 417.4 Million by 2023, at a CAGR of 6.47% during the forecast period. This report provides the market size and future growth potential of the light meter market based on different segments such as display, type, lux range, application, and region. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the light meter market. This report also profiles the key players operating in the market. The base year considered for the study is 2017, and the market size forecast is provided for the period between 2018 and 2023.

The prime objectives of this report can be summarized in the following points.

  • To define, describe, segment, and forecast the light meter market, in terms of value, segmented on the basis of display, type, lux range, application, and region
  • To forecast the global light meter market, in terms of volume, on the basis of lux range
  • To forecast the market size, in terms of value, for various segments with respect to 4 main regions- Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding the major factors influencing the growth of the light meter market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the overall market
  • To strategically profile the key players and comprehensively analyze their market ranking and core competencies, along with detailing the competitive landscape for market players
  • To analyze the growth strategies such as product launches and developments, collaborations, partnerships, and research and development (R&D), adopted by the major players in the light meter market

This study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology followed in this report is explained below.

  • Identifying various applications and industries in which the light meters are used or are expected to be used
  • Analyzing each application, along with the related major companies and their system integrators and identifying the service providers for the adoption of light meters
  • Understanding the demand generated by these applications for light meters
  • Estimating the size of the light meter in each region
  • Tracking the ongoing and upcoming implementation of light meters by various companies for each application and region to forecast the market based on these developments and other critical parameters

After arriving at the overall light meter market size, the total market has been split into several segments and subsegments, which was further confirmed with the key industry experts. The figure below shows the breakdown of primaries on the basis of company type, designation, and region.

Light Meter Market

To know about the assumptions considered for the study, download the pdf brochure

The light meter ecosystem includes manufacturers and resellers such as Konica Minolta Sensing Americas (US), FLIR Systems (US), Sekonic (Japan), Testo SE (Germany), Hioki (Japan), Amprobe (US), KERN & SOHN (Germany), B&K Precision (US), Line Seiki (Japan), PCE Deutschland (Germany), and Hanna Instruments (US).

Key Target Audience

  • Light meter providers
  • IT service providers
  • Cloud service providers
  • Original equipment manufacturers (OEMs)
  • System integrators and third-party vendors
  • Software solution providers
  • Government bodies
  • Technology investors
  • Enterprise data center professionals
  • Research institutes and organizations
  • Market research and consulting firms

Scope of the Report

The light meter market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The light meter market has been segmented as follows:

Light Meter Market, by Display

  • Analog
  • Digital

Light Meter Market, by Type

  • General-Purpose Light Meters
  • LED Light Meters
  • UV Light Meters

Light Meter Market, by Lux Range

  • 0–200K Lux
  • Above 200K Lux

Light Meter Market, by Application

  • Photography and Cinematography
  • Commercial Spaces
  • Manufacturing Plants and Warehouses
  • University Campuses and Schools
  • Clinics and Hospitals
  • Others

Light Meter Market, by Geography

  • Americas
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Display Analysis:

  • Detailed analysis of analog and digital display light meters

Country-Wise Information:

  • Detailed analysis of each country

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)

According to MarketsandMarkets’ forecast, the light meter market is expected to grow from USD 305.1 Million in 2018 to USD 417.4 Million by 2023, at a CAGR of 6.47% between 2018 and 2023. The major drivers for the market are the increasing demand for light meters in the photography and cinematography industry worldwide, regulations to improve workplace lighting, and government initiatives toward the standardization of lighting protocols.

This report covers the light meter market based on display, type, lux range, application, and region. The market for digital light meters is expected to grow at a higher CAGR between 2018 and 2023. Digital light meters provide ease of accessibility by eliminating the need to determine the position of a needle in a meter, unlike analog light meters. These light meters also provide more accurate readings than the analog light meters, which contributes to the dominance of digital light meters in the light meter market.

The light meter market for LED light meters is expected to grow at the highest CAGR between 2018 and 2023. The highest growth of the market for LED light meters is attributed to the increasing government regulations worldwide for deploying energy-efficient lightings, including LED lightings. Thus, the growing use of LED lighting is expected to create a need for specialized LED light meters. LED light meters can also measure ambient, conventional lights apart from the LED lighting types.

The market for 0–200K lux range is expected to grow at a higher CAGR between 2018 and 2023. The 0–200K lux range meters are expected to dominate the light meter market with larger size and higher CAGR during the forecast period as these light meters are used in a wider range of applications. On the other hand, the light meters with the lux range above 200K are costly, and therefore, their use is limited to high-end technical applications.

The light meter market for the photography and cinematography application is expected to grow at the highest CAGR between 2018 and 2023. Light meters recommend the optimum exposure and light levels for any portrait or scene. Advanced light meters feature the most innovative and advanced capabilities such as flash analyzing function, built-in wireless triggering, flash power control, and radio frequency compatibility. These factors are expected to contribute to the dominance of the photography and cinematography application in the light meter market during the forecast period.

The light meter market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The highest growth of the light meter market in APAC is attributed to the fact that the majority of the countries in APAC are in the developing phase. APAC mainly has emerging economies such as China, India, and South Korea, which are witnessing rapid rate of industrialization. Also, the majority of the light meter market in APAC is still untapped for light meters and holds great potential. The region is still untapped for the growth of light meters and holds a lot of potential for growth in the upcoming years. APAC has rapidly growing photography and cinematography industry in different countries such as India, China, and Japan. These regions have revenue-making box offices, event theatres, and local-language production houses, which effectively raises the need to use advanced technologies such as light meters in the entertainment segment. Also, Bollywood of India is one of the biggest film industries worldwide. These factors are propelling the demand for light meters in APAC.

Light Meter Market

The Americas is a leading region in the light meter market in terms of market share. The Americas, being a technologically advanced and developed region, is an early adopter of the light meter technologies. Also, the majority of the light meter manufacturers are based in this region. The US, Canada, and the Rest of Americas are the major contributors to the  light meter market; the Rest of Americas mainly includes Mexico, Brazil, Argentina, Peru, Venezuela, Colombia, and Chile. The market in this region is expected to be driven by the demand for light meters in the photography and cinematography, office buildings, universities, and healthcare applications.

The light meter market is facing few restraints such as the development of smartphone applications and light measuring devices to substitute light meters. Smartphones can also be used as light meters by installing various mobile applications. These mobile applications have been developed to enable iPhone and other smartphones to work as a light meter using their inbuilt cameras as light sensors. Megaman LuxMeter, LightMeter Whitegoods, and LuxMeterPro Advanced, among others, are a few examples of such mobile applications.

The major challenge for the light meter market is the increasing number of manufacturers creating competitive pricing pressure. Light meter manufacturers have to continuously adapt to new technologies and develop the test and measurement (T&M) equipment due to fast innovations. The manufactured products need to meet the given specification and prevail in the competitive market, which increases the pricing pressure on manufacturers. The factors such as calibration, failure rate, and repair affect the price of an instrument. The calibration of any electronics instrument is essential to ensure the uniformity of the measurements conducted by it with the global standards of the corresponding measurements.

The major vendors in the light meter market include Konica Minolta Sensing Americas (US), FLIR Systems (US),  Sekonic (Japan), Testo SE (Germany), Hioki (Japan), Amprobe (US), KERN & SOHN (Germany), B&K Precision (US), Line Seiki (Japan), PCE Deutschland (Germany), and Hanna Instruments (US). These players implemented product launch as a major strategy to cater to the needs of customers.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of Study
    1.2 Definition
    1.3 Scope of Study
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown & Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Market Opportunities in Market
    4.2 Market in APAC, By Application and Country
    4.3 Market, By Type
    4.4 Light Meter Market, By Display
    4.5 Market, By Lux Range
    4.6 Geographic Analysis of Market

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Light Meters in the Photography and Cinematography Industry Worldwide
                    5.2.1.2 Regulations to Improve Workplace Lighting
                    5.2.1.3 Government Initiatives Toward the Standardization of Lighting Protocols
           5.2.2 Restraints
                    5.2.2.1 Development of Smartphone Applications and Light Measuring Devices to Substitute Light Meters
           5.2.3 Opportunities
                    5.2.3.1 Development of Wireless Light Meter Technologies
                    5.2.3.2 Latent Market for Light Meters in APAC
                    5.2.3.3 Convergence of IoT in Lighting
           5.2.4 Challenges
                    5.2.4.1 Increasing Number of Manufacturers Creating Competitive Pricing Pressure

6 Light Meter Market, By Display (Page No. - 39)
    6.1 Introduction
    6.2 Digital
    6.3 Analog

7 Market, By Type (Page No. - 43)
    7.1 Introduction
    7.2 General-Purpose Light Meters
    7.3 LED Light Meters
    7.4 UV Light Meters

8 Market, By Lux Range (Page No. - 48)
    8.1 Introduction
    8.2 0–200k Lux
    8.3 Above 200k Lux

9 Market, By Application (Page No. - 52)
    9.1 Introduction
    9.2 Photography and Cinematography
    9.3 Commercial Spaces
    9.4 Manufacturing Plants and Warehouses
    9.5 University Campuses and Schools
    9.6 Clinics and Hospitals
    9.7 Others

10 Market, By Region (Page No. - 61)
     10.1 Introduction
     10.2 Americas
             10.2.1 US
             10.2.2 Canada
             10.2.3 Rest of Americas
     10.3 Europe
             10.3.1 UK
             10.3.2 Germany
             10.3.3 France
             10.3.4 Italy
             10.3.5 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Rest of APAC
     10.5 RoW
             10.5.1 Middle East
             10.5.2 Africa

11 Competitive Landscape (Page No. - 93)
     11.1 Overview
     11.2 Ranking of Players, 2017
     11.3 Competitive Scenario
             11.3.1 Product Launches

12 Company Profiles (Page No. - 97)
     12.1 Introduction
     12.2 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
             12.2.1 Konica Minolta Sensing Americas
             12.2.2 Flir Systems (Extech)
             12.2.3 Sekonic
             12.2.4 Testo Se
             12.2.5 Hioki
             12.2.6 Amprobe (Danaher Corporation)
             12.2.7 Kern & Sohn
             12.2.8 B&K Precision
             12.2.9 Line Seiki
             12.2.10 PCE Deutschland
             12.2.11 Hanna Instruments
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
     12.3 Other Important Players
             12.3.1 Lutron Electronics
             12.3.2 Kyoritsu Electrical Instruments Works
             12.3.3 Martindale Electric Co Ltd
             12.3.4 TQC B.V.
             12.3.5 Kimo Instruments UK
     12.4 Start-Up Ecosystem
             12.4.1 Center Technology
             12.4.2 Tenmars Electronics
             12.4.3 Panomex
             12.4.4 Shenzhen Sanpo Instrument
             12.4.5 Huato Electric

13 Appendix (Page No. - 123)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (71 Tables)

Table 1 Light Meter Market, By Display, 2015–2023 (USD Million)
Table 2 Market for Digital, By Region 2015–2023 (USD Million)
Table 3 Market for Analog, By Region 2015–2023 (USD Million)
Table 4 Light Meter Measurements of Various Lighting Conditions
Table 5 Market, By Type, 2015–2023 (USD Million)
Table 6 Market for General-Purpose Light Meters, By Region, 2015–2023 (USD Million)
Table 7 Market for LED Light Meters, By Region 2015–2023 (USD Million)
Table 8 Market for UV Light Meters, By Region, 2015–2023 (USD Million)
Table 9 Market, By Lux Range, 2015–2023 (USD Million)
Table 10 Market, By Lux Range, 2015–2023 (Million Units)
Table 11 Market for 0–200k Lux, By Region, 2015–2023 (USD Million)
Table 12 Market for Above 200k Lux, By Region, 2015–2023 (USD Million)
Table 13 Market, By Application, 2015–2023 (USD Million)
Table 14 Market for Photography and Cinematography, By Region, 2015–2023 (USD Million)
Table 15 Lighting Conditions for Office Spaces
Table 16 Market for Commercial Spaces, By Region, 2015–2023 (USD Million)
Table 17 Market for Manufacturing Plants and Warehouses, By Region, 2015–2023 (USD Million)
Table 18 Market for University Campuses and Schools, By Region, 2015–2023 (USD Million)
Table 19 Lighting Conditions for Clinics and Hospitals
Table 20 Market for Clinics and Hospitals, By Region, 2015–2023 (USD Million)
Table 21 Market for Others, By Region, 2015–2023 (USD Million)
Table 22 Market, By Region, 2015–2023 (USD Million)
Table 23 Market in Americas, By Display, 2015–2023 (USD Million)
Table 24 Market in Americas, By Type, 2015–2023 (USD Million)
Table 25 Market in Americas, By Application, 2015–2023 (USD Million)
Table 26 Market in Americas, By Lux Range, 2015–2023 (USD Million)
Table 27 Market in Americas, By Country, 2015–2023 (USD Million)
Table 28 Market in US, By Display, 2015–2023 (USD Million)
Table 29 Market in US, By Lux Range, 2015–2023 (USD Million)
Table 30 Market in Canada, By Display, 2015–2023 (USD Million)
Table 31 Market in Canada, By Lux Range, 2015–2023 (USD Million)
Table 32 Market in Rest of Americas, By Display, 2015–2023 (USD Million)
Table 33 Market in Rest of Americas, By Lux Range, 2015–2023 (USD Million)
Table 34 Market in Europe, By Display, 2015–2023 (USD Million)
Table 35 Market in Europe, By Type, 2015–2023 (USD Million)
Table 36 Market in Europe, By Application, 2015–2023 (USD Million)
Table 37 Market in Europe, By Lux Range, 2015–2023 (USD Million)
Table 38 Market in Europe, By Country, 2015–2023 (USD Million)
Table 39 Market in UK, By Display, 2015–2023 (USD Million)
Table 40 Market in UK, By Lux Range, 2015–2023 (USD Million)
Table 41 Market in Germany, By Display, 2015–2023 (USD Million)
Table 42 Market in Germany, By Lux Range, 2015–2023 (USD Million)
Table 43 Market in France, By Display, 2015–2023 (USD Million)
Table 44 Market in France, By Lux Range, 2015–2023 (USD Million)
Table 45 Market in Italy, By Display, 2015–2023 (USD Million)
Table 46 Market in Italy, By Lux Range, 2015–2023 (USD Million)
Table 47 Market in Rest of Europe, By Display, 2015–2023 (USD Million)
Table 48 Market in Rest of Europe, By Lux Range, 2015–2023 (USD Million)
Table 49 Market in APAC, By Display, 2015–2023 (USD Million)
Table 50 Market in APAC, By Type, 2015–2023 (USD Million)
Table 51 Market in APAC, By Application, 2015–2023 (USD Million)
Table 52 Market in APAC, By Lux Range, 2015–2023 (USD Million)
Table 53 Market in APAC, By Country, 2015–2023 (USD Million)
Table 54 Market in China, By Display, 2015–2023 (USD Million)
Table 55 Market in China, By Lux Range, 2015–2023 (USD Million)
Table 56 Market in Japan, By Display, 2015–2023 (USD Million)
Table 57 Market in Japan, By Lux Range, 2015–2023 (USD Million)
Table 58 Market in India, By Display, 2015–2023 (USD Million)
Table 59 Market in India, By Lux Range ,2015–2023 (USD Million)
Table 60 Market in Rest of APAC, By Display, 2015–2023 (USD Million)
Table 61 Market in Rest of APAC, By Lux Range, 2015–2023 (USD Million)
Table 62 Market in RoW, By Display, 2015–2023 (USD Million)
Table 63 Market in RoW, By Type, 2015–2023 (USD Million)
Table 64 Market in RoW, By Application, 2015–2023 (USD Million)
Table 65 Market in RoW, By Lux Range, 2015–2023 (USD Million)
Table 66 Market in RoW, By Region, 2015–2023 (USD Million)
Table 67 Market in Middle East, By Display, 2015–2023 (USD Million)
Table 68 Market in Middle East, By Lux Range, 2015–2023 (USD Million)
Table 69 Market in Africa, By Display, 2015–2023 (USD Million)
Table 70 Market in Africa, By Lux Range, 2015–2023 (USD Million)
Table 71 Market Ranking of Top 5 Players in Market, 2017


List of Figures (43 Figures)

Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Digital Light Meters to Dominate Light Meter Market Between 2018 and 2023
Figure 7 General-Purpose Light Meters to Hold Largest Size of Market Between 2018 and 2023
Figure 8 Photography and Cinematography to Dominate Market Between 2018 and 2023
Figure 9 0–200k Lux to Dominate the market Between 2018 and 2023
Figure 10 Americas to Hold Largest Share of Market in 2018
Figure 11 Increasing Demand for Light Meters in Photography and Cinematography Industry Worldwide is Major Driver for Growth of Market
Figure 12 China Held Largest Share of Market in APAC in 2018
Figure 13 Market for LED Light Meters to Grow at Highest CAGR Between 2018 and 2023
Figure 14 Market for Digital Light Meters to Grow Higher CAGR Between 2018 and 2023
Figure 15 Market for 0–200k Lux to Grow at Higher CAGR Between 2018 and 2023
Figure 16 Market in India to Grow at Highest CAGR Between 2018 and 2023
Figure 17 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Digital Light Meters to Dominate Market Between 2018 and 2023
Figure 19 Market for LED Light Meters to Grow at Highest CAGR Between 2018 and 2023
Figure 20 Market for LED Light Meters in APAC to Grow at Highest CAGR Between 2018 and 2023
Figure 21 0–200k Lux to Dominate Market Between 2018 and 2023
Figure 22 Photography and Cinematography to Dominate Market Between 2018 and 2023
Figure 23 Market for Manufacturing Plants and Warehouses in APAC to Grow at Highest CAGR Between 2018 and 2023
Figure 24 Market: Geographic Snapshot
Figure 25 Market in APAC to Grow at Highest CAGR Between 2018 and 2023
Figure 26 Americas: Market Snapshot
Figure 27 Photography and Cinematography to Dominate Market in APAC Between 2018 and 2023
Figure 28 0–200k Lux to Dominate Market in US Between 2018 and 2023
Figure 29 Snapshot: Market in Europe
Figure 30 Photography and Cinematography Application to Dominate Market in Europe Between 2018 and 2023
Figure 31 Digital Light Meters to Dominate Market in Germany Between 2018 and 2023
Figure 32 Digital Light Meters to DominateMarket in Italy Between 2018 and 2023
Figure 33 Snapshot: Market in APAC
Figure 34 General-Purpose Light Meters to Hold Largest Size of Market in APAC Between 2018 and 2023
Figure 35 Digital Light Meters to Dominate Market in China Between 2018 and 2023
Figure 36 Japanese Government Policies Spurred Deployment of LED Lights
Figure 37 Market in RoW Commercial Spaces to Grow at Highest CAGR Between 2018 and 2023
Figure 38 Product Launches as Key Strategy Adopted By Key Players in the market Between 2014 and 2017
Figure 39 Market Evaluation
Figure 40 Konica Minolta Sensing Americas: Company Snapshot
Figure 41 Flir Systems: Company Snapshot
Figure 42 Sekonic: Company Snapshot
Figure 43 Hioki: Company Snapshot


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Report Code
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