What is Tachometer Market?
A tachometer is a sensor device used to measure the rotation speed of an object such as the engine shaft in a car and is usually restricted to mechanical or electrical instruments. This device indicates the revolutions per minute performed by the object. The device comprises a dial, a needle to indicate the current reading, and markings to indicate safe and dangerous levels. Tachometer and speedometer have become interchangeable and essentially both measured speed. Advanced tachometers are also used in the medical field to measure the rate of blood flow through the artery and veins. The readings taken can be used to diagnosis circulatory problems like clogged arteries.
The market study is being classified by Type (Contact and Non-Contact), by Application (Automobiles, Airplanes, Medical Applications, Traffic, Engineering, Laser instruments and Others) and major geographies with country level break-up.
Extech Instruments (United States), Omega Engineering (United States), Allied Electronics (United States), LOR Manufacturing Company, Inc. (United States), SRI Electronics (India), Kusam Meco (India), Waco (India), Lutron (United States), Samson Automation (India) and Design Technology (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Aetna Engineering (United States), Digital Promoters (India), Faria Beede Shanghai Tachometer (China) and Ono Sokki Technology, Inc. (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Tachometer market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Tachometer market by Type, Application and Region.
On the basis of geography, the market of Tachometer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Indicating a Safe Range of Rotation Speed
- Rising Demand of Automotive
- Safety Guidance from Government Side
Market Trend
- Technological Advancements in Tachometers
Restraints
- High Maintenance Cost of Tachometer
Opportunities
- Increasing Upgradation in Research & Development Activities
- The Emerging demand from Developing Countries
On 11 March 2019, Ono Sokki Technology has launched CT-6700 Multi-Application Engine Tachometer. The CT-6700 is a digital engine tachometer that measures the revolution speed of diesel engines, gasoline, and motors (EV/HEV) equipped on electric vehicles or hybrid electric vehicles or general rotating bodies.
Key Target Audience
Tachometer Manufacturers, Tachometer Sub Component Manufacturers, Tachometer Traders/Distributors, Tachometer Importer/Exporter, Regulatory Bodies, Downstream Vendors, End Users and Others