Industry Background:
The calculator is an electronic device used to do a mathematical calculation, ranging from basic arithmetic to complex mathematics. There are different types of calculators such as solar calculator, scientific calculator, graphing calculator, and others. Applications of calculator include finance and accounting industry, retail, educational and others. The primary functions of the calculators are addition, subtraction, multiplication, and division. The more transistors an integrated circuit has, the more advanced mathematical functions it can perform.This growth is primarily driven by Increase Demand for Scientific Calculator Due To Digitization
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Key Companies in Study | Texas Instruments (United States), HP (United States), Casio (Japan), Canon (Japan), Sharp (Japan), Ativa (Canada), Sentry Industries Inc. (United States), Datexx (United States), Victor Technology (United States) and Maxi-Aids (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Electronic Equipment & Instruments sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Texas Instruments (United States), HP (United States), Casio (Japan), Canon (Japan), Sharp (Japan), Ativa (Canada), Sentry Industries Inc. (United States), Datexx (United States), Victor Technology (United States) and Maxi-Aids (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 28th November 2018, Casio India has launched GST calculator first time in world. Casio India is introducing two new modernizations MJ-120 GST and MJ-12 GST committed to the Indian market. This calculator is prepared to navigate the challenging environment and advance smooth functionality by easing the problems faced by Indian sellers post the starter of GST.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Market Drivers
- Increase Demand for Scientific Calculator Due To Digitization
- High Adoption of Scientific Calculator in Educational Sector
Market Trend
- Rising Demand for Solar Scientific Calculator
- Growing Dependency in Engineering Science
Restraints
- Rising Usage of Mobile Phone
- Decrease Complexity of Solving Problem
Opportunities
Rising Adoption due to Growth in Engineering Sector
Challenges
Increasing Automation in the Various Instruments
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Scientific Calculator Study Sheds Light on
The Scientific Calculator Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Scientific Calculator industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Scientific Calculator industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.