Handheld Digital Barometer Market Size is predicted represent a 4.37% CAGR during the forecast period for 2023-2031
A portable digital barometer is a compact device that offers real-time atmospheric pressure measurements. It displays pressure data digitally and finds utility in weather prediction, outdoor pursuits, aviation, maritime navigation, scientific investigations, and industrial applications. It aids in anticipating weather fluctuations and supports informed decision-making based on pressure changes.
More and more portable digital barometers were being made to connect wirelessly with mobile devices. This improved the accessibility and ease of real-time weather data, predictions, and alarms by making them available through specialized apps. The rising public consciousness of the importance of accurate barometer measurements for safety and environmental monitoring also contributes to the market's expansion.
However, the handheld digital barometers market is expected to expand, although it may face challenges. Small and medium-sized businesses (SMEs) may find the upfront cost and continuous upkeep of handheld digital barometers prohibitive. The hefty initial fee may put buyers off. Digital barometers that may be taken anywhere should be both accurate and reliable. Meeting these technology requirements could prove difficult without sustained R&D. COVID-19's potential impact on stakeholders and business processes across the industrial value chain can be predicted by looking at present patterns. In order to help firms create more sustainable strategies, the report will feature a whole chapter devoted to COVID-19. Rising public consciousness about climate change and its consequences is largely responsible for this expansion.
The Handheld Digital Barometer Market is segmented based on Component Type And End-User. Based on component type segment, the market is segmented into handheld devices and replacement parts & accessories. By end-user, the market is segmented into pharmaceutical companies, research laboratories, academic research institutes, wineries and breweries, oil and gas, CMOs, and meteorological departments.
The replacement parts & accessories handheld digital barometer market is expected to record a major global market share in 2022 and is projected to show the greatest rate of expansion because of the regular upkeep of working barometers. Consistent demand exists for sensors, displays, and calibration tools as organizations try to maximize the useful life of their equipment. This market is exploding because it provides the maintenance and guarantees the durability of digital barometers.
Pharmaceutical companies are projected to grow rapidly in the global handheld digital barometer market Due to the need for precise barometric pressure monitoring in the pharmaceutical industry's tightly regulated production facilities. The pharmaceutical industry is a market leader because of its heavy spending on and dedication to cutting-edge technologies, especially in countries like the US, Germany, the UK, China, and India.
The North American handheld digital barometer market is expected to record the maximum market share in revenue in the near future. It can be attributed to the barometers used in discovering shale gas, which measures pressure fluctuations caused by gases in the earth's crust and mantle and is expected to be a major driver of regional growth over the next few years. In addition, Asia Pacific is projected to grow rapidly in the global handheld digital barometer market because it is raising people's consciousness about climate change and its consequences. The potential gravity of the demand rise for the digital barometer has also been established.
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 4.37 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Component Type, End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia |
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Competitive Landscape |
Thomas Scientific, Omega Engineering, Mensor, Fisherbrand, Stanhope-Seta, Geneq, NovaLynx, Cole-Parmer, Vtech, Testo, and others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Handheld Digital Barometer Market Snapshot
Chapter 4. Global Handheld Digital Barometer Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Component Type Estimates & Trend Analysis
5.1. By Component Type, & Market Share, 2020 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Component Type:
5.2.1. Handheld Device
5.2.2. Replacement Parts
5.2.3. Accessories
Chapter 6. Market Segmentation 2: By End-User Estimates & Trend Analysis
6.1. By End-User & Market Share, 2020 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By End-User:
6.2.1. Pharmaceutical Companies
6.2.2. Research Laboratories
6.2.3. Academic Research Institutes
6.2.4. Winery and Breweries
6.2.5. Oil and Gas, CMOs
6.2.6. Meteorological Departments
Chapter 7. Handheld Digital Barometer Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Handheld Digital Barometer Market revenue (US$ Million) estimates and forecasts By Component Type, 2019-2031
7.1.2. North America Handheld Digital Barometer Market revenue (US$ Million) estimates and forecasts By End-User, 2019-2031
7.1.3. North America Handheld Digital Barometer Market revenue (US$ Million) estimates and forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Handheld Digital Barometer Market revenue (US$ Million) By Component Type, 2019-2031
7.2.2. Europe Handheld Digital Barometer Market revenue (US$ Million) By End-User, 2019-2031
7.2.3. Europe Handheld Digital Barometer Market revenue (US$ Million) by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Handheld Digital Barometer Market revenue (US$ Million) By Component Type, 2019-2031
7.3.2. Asia Pacific Handheld Digital Barometer Market revenue (US$ Million) By End-User, 2019-2031
7.3.3. Asia Pacific Handheld Digital Barometer Market revenue (US$ Million) by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Handheld Digital Barometer Market revenue (US$ Million) By Component Type, (US$ Million) 2019-2031
7.4.2. Latin America Handheld Digital Barometer Market revenue (US$ Million) By End-User, (US$ Million) 2019-2031
7.4.3. Latin America Handheld Digital Barometer Market revenue (US$ Million) by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Handheld Digital Barometer Market revenue (US$ Million) By Component Type, (US$ Million) 2019-2031
7.5.2. Middle East & Africa Handheld Digital Barometer Market revenue (US$ Million) By End-User, (US$ Million) 2019-2031
7.5.3. Middle East & Africa Handheld Digital Barometer Market revenue (US$ Million) by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Thomas Scientific,
8.2.2. Omega Engineering,
8.2.3. Mensor,
8.2.4. Fisherbrand,
8.2.5. Stanhope-Seta,
8.2.6. Geneq, NovaLynx,
8.2.7. Cole-Parmer,
8.2.8. Vtech,
8.2.9. Testo
8.2.10. others
Handheld Digital Barometer Market By Component Type -
Handheld Digital Barometer Market By End-User-
Handheld Digital Barometer Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
