About Barometric Altimeter
Barometric Altimeter is the instrument that helps to measure altitude or elevation objects above or below a given level. There are three types of altimeter such as pressure, radio or radar, and optical altimeters. All these types of altimeter are used for various purposes in different industry such as aviation, land surveying, remote sensing, military, navigational aids recreations, and sports.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 17.2% |
The flax protein market is expected to continue growing in the coming years, driven by the factors mentioned above. The increasing demand for sustainable and healthy food ingredients, coupled with rising consumer awareness about the benefits of flax protein, is expected to create significant opportunities for market players. Analyst at AMA Research estimates that Japan Players will contribute the maximum growth to Global Barometric Altimeter market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wanco (United States), Swastik Scientific Company (India), Nunes Instruments (India), Advanced Technocracy Inc. (India) and TGH Aviation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Barometric Altimeter market by Type (Three-pointer altimeter, Drum-pointer altimeter, Counter-pointer altimeter and Counter drum-pointer altimeter), Application (Aviation, Military, Navigational aids, Land surveying, Remote sensing, Recreations and Sports) and Region.
On the basis of geography, the market of Barometric Altimeter 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). If we see Market by Display Type, the sub-segment i.e. Conventional analogue display will boost the Barometric Altimeter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Acceptance of Major Use of Counter Drum-Pointer Altimeters in Commercial Aircraft
Market Growth Drivers:
Increasing Demand from the Aviation Industry and Rising Marine Travel and Navigational Aids Globally
Challenges:
It Requires Recalibration with Varying Temperature and Complication Faced by the Barometer Sensor can be one of the Challenge Faced by this Industry
Restraints:
Concern Related to the Accuracy of this Barometric Altimeter in Oil and Gas Industry
Opportunities:
Rising Benefits of Barometric Altimeter in the Aerospace Industry are boosting the Industry and Growing More Awareness of these Altimeters in Marine Line Such as in Submarines are making an Opportunity in this Market
Market Leaders and their expansionary development strategies
In March 2023, Oris Launch Updated ProPilot Altimeter, This is of course a massive generalisation but for the most part it’s true. On the one side are watches like the IWC Spitfire and on the other is the Bell & Ross Radiocompass. Oris have produced many watches that fall on either side of this aesthetic divide but the new Oris ProPilot Altimeter is the most clearly defined technical instrument they’ve produced in a few years.
In January 2024, Altitude Water, a privately owned US-Based manufacturer of Atmospheric Water Generators (AWGs) and New Use Energy Solutions (NUE), a Phoenix-based manufacturer of mobile solar solutions, have partnered to provide integrated, mobile solar-plus-water generation systems producing sustainable electricity and clean drinking water
According to the Acceptable Means of Compliance and Guidance Material to IR-OPS CAT.IDE.A.125. EU-OPS 1.650. In a day VFR operation, an operator shall not operate an airplane by day in accordance with VFR (VFR) unless it is equipped with a sensitive pressure altimeter calibrated in feet with a sub-scale setting, calibrated in hectopascals/millibars, adjustable for any barometric pressure likely to be set during flight.
Key Target Audience
Potential Investors, Government Bodies and Associations, Up and Down Stream Vendors of Barometric Altimeter, Private Research Organizations, Suppliers and Distributors of Barometric Altimeter, End- Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.