The global Non-Contact Phase Indicators Market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030.
Non-Contact Phase Indicators Market Overview:
The growth of Non-Contact Phase Indicators Market can be attributed to the increasing demand for non-contact phase rotometers and non-contact phase sequence meters for commercial and industrial applications. Moreover, rising demand for these products in emerging economies is also contributing to the growth of this market. However, factors such as high installation and maintenance costs are likely to restrain the growth of this market over the forecast period. Based on type, the non-contact phase rotometer segment accounted for the majority share of the global non-contact phase indicators market in 2017 and is expected to remain dominant throughout the forecast period owing to its widespread use across various industries, including due to Low installation costs, no moving parts that wear out over time, and immunity to electromagnetic interference (EMI), commercial and industrial.
Non-Contact Phase Indicators market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Non-Contact Phase Indicators market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Non-Contact Phase Indicators market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Top Key Players include in the Non-Contact Phase Indicators Market are
Extech Instruments, KYORITSU, AEMC Instruments, Hioki, KEWTECH, and others.
The Non-Contact Phase Indicators market research report is categorized based on type, applications and region.
On the Basis of Type:
- Non-Contact Phase Rotation Meter
- Non-Contact Phase Sequence Meter
On the Basis of Application:
On the Basis of Region:
Geographically, the global Non-Contact Phase Indicators market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Non-Contact Phase Indicators region is dominating this market in the upcoming future.
Asia Pacific dominated the global Non-Contact Phase Indicators Market in terms of revenue share in 2017. The region is expected to continue to dominate over the forecast period owing to rising demand for power and industrial processes in emerging economies such as China, India, and Japan. Moreover, increasing government investments in infrastructure development is expected to drive the demand for NCPI meters in the region. Europe accounted for a large share of the revenue in 2017 owing to the early adoption of the technology by several industries in the region coupled with the increase related to the contact stage indicator used by several industries such as oil & gas exploration & production (E&P) Environmental problems related to energy consumption are increasing day by day.
Further the regions are divided into countries as follows
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Non-Contact Phase Indicators Market report scope
CAGR of 5.8% during forecast period.
Non-Contact Phase Rotation Meter, Non-Contact Phase Sequence Meter
Extech Instruments, KYORITSU, AEMC Instruments, Hioki, KEWTECH
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America(Brazil, Argentina, Rest of Latin America)
- Rest Of the World
2017 to 2022
2023 to 2030
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Non-Contact Phase Indicators market?
Who are the key vendors of the global Non-Contact Phase Indicators market?
What are the leading key industries of the global Non-Contact Phase Indicators market?
Which factors are responsible for driving the global Non-Contact Phase Indicators market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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