What is Calculators?
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.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Casio (Japan), Lyreco (France), Texas Instruments (United States), Canon (Japan), HP (United States), SHARP (Japan), Citizen Systems (Germany), Sunway Electronics Company (Hong Cong) and Orpat Group (India) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Basic, Financial & Business, Graphing, Printing and Scientific) , by application (Personal Use, School Use and Business Use) and major geographies. Research Analyst at AMA predicts that Japanese Players will contribute to the maximum growth of Global Calculators market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Calculators market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Casio (Japan), Lyreco (France), Texas Instruments (United States), Canon (Japan), HP (United States), SHARP (Japan), Citizen Systems (Germany), Sunway Electronics Company (Hong Cong) and Orpat Group (India).
Market Overview:
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.
Influencing Trend:
Rising Demand of Solar Calculator and Growing Dependency in Banking, Accounting, and Financial Institutes
Market Growth Drivers:
Increase Demand Desktop Calculator Due To Digitization and High Adoption of Calculators in Retail Sector
Challenges:
Increasing Automation in the Various Instruments
Restraints:
Rising Usage of Mobile Phone and Decrease Complexity of Solving Problem
Opportunities:
The Growth in the Personal Business leads to the High Demand of Calculators and Rising Ado[ption due to Growth in Financial Industry
Key highlights of the Global Calculators market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Calculators market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Calculators market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Calculators Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Calculators market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Calculators market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Calculator Suppliers, Calculator Manufacturers, Education Institutes, Government and Private Research Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.