Gloss Meters Market was valued at USD 47.85 Million in 2021 and is expected to grow at a CAGR of 4.5 % during the forecast period to reach nearly USD 62.31 Million by 2027.
Gloss Meters Market Overview:The Market was valued at USD 47.85 Million in 2021 and is expected to grow at a CAGR of 4.5% during the forecast period to USD 62.31 Million by 2027. The Market is studied by segments like Type (Single Angle, Two Angles, and Multi-Angle), End-use (Paint and Ink, Coating, Paper, Automotive, Plastic, Others), and Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report consists of the Trend, forecasts, Competitive Analysis, and Growth Opportunities of the market. To know about the Research Methodology:-Request Free Sample Report A gloss meter is a tool that measures a surface's gloss, haze, and percentage reflectance. Gloss is determined by shining a known amount of light at a set angle onto a surface and measuring the amount of light reflected at an equal but opposite angle. Gloss meters are used to determine the gloss of materials such as paint, metal, and stone. This is frequently utilised in industrial operations, automobiles, building construction, and other comparable sectors, driving the demand of the market. Due to its compact size, a gloss meter is a portable gadget. It is simple to utilize since it has a menu-driven colour display, statistics, an ergonomic design, and is built to last. 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021's market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Gloss Meters Market Dynamics:The global market demand is rising across various industries. Building and construction activities have increased rapidly in recent years, particularly in emerging economies, owing to the expanding penetration of the urbanisation trend. Furthermore, rising environmental concerns and the necessity for the development of sustainable infrastructure are motivating governments in several nations to prioritise favourable building projects. The Indian government has launched a project on 100 smart towns as part of the Smart Cities Mission, which aims to enhance the country's sustainable infrastructure in the next few years. Gloss meters are widely used in the architecture and construction industry to measure the optical properties of granites, tiles, glass, floor laminations, paints, and wood coatings. Such initiatives lead to the growth of the Market. In addition to this, growing emphasis on developing new digital gloss meters with integrated internet of things (IoT) technologies and features such as LCD, USB interface, Bluetooth, and ergonomic designs are expected to create lucrative growth opportunities in the market. Gloss Meters Market Challenges: Despite the numerous benefits associated with the use of gloss meters, the expensive cost of these instruments, as well as the demand for qualified staff to operate and measure gloss, reflectance, haze, and other surfaces, is limiting the global sales and thereby is a major restraint in the growth of the market. Impact of COVID-19 on Gloss Meters Market: The COVID-19 pandemic began to spread worldwide in 2020, infecting millions of people globally and prompting major countries worldwide to impose foot prohibitions and work stoppage orders. The pandemic has had a significant impact on the trade segment and industry. Manufacturers are comprehending strategies to revive from the current situation employing reshaping their sales channels and product innovation. The duration of the virus outbreak remains a key factor in assessing the overall impact of the growth of the market. However, the global Pinhole Gloss Meters industry is expected to stabilize after 2021.
Gloss Meters Market Segment Analysis:On the basis of Type, the market is segmented into Single Angle, Two Angles, and Multi Angles. The Single Angle category currently holds the largest share in the market. It is predicted to develop significantly and continue to dominate the worldwide market over the forecast period. On the basis of End-user, the Market is segmented into Paint and Ink, Coating, Paper, Automotive, Plastic, Other. Gloss meters are used in the automobile industry to offer the best quality product with the gloss and colour level that appeals to the end customer the most. The interior design of an automobile, such as the mirror finish, appealing dashboard, finishing of comfy leather seats, soft-touch to internal plastic, and other similar features, plays a significant influence in purchasing such a product. As a result, the automobile industry employs gloss meters on a broad scale in order to meet the needs of end consumers. The market is predicted to develop significantly in the following years due to the increased usage of gloss meters in the automobile sector. Following the automobile sector, the Paint & Ink, and paper industry holds the 2nd largest growth share in the market.
Gloss Meters Market Regional insights:North America dominated the global market in terms of value. The existence of well-established market participants accounts for the high market share. Followed by the North American region is the European Region, holding the second-largest share in the market. Increasing urbanisation and sustainable infrastructure development in these regions are the primary reasons for the high usage of gloss meters. The Asia Pacific market is predicted to increase due to rising urbanisation and industrialization and growth in the automotive industry and transportation due to the region's growing population. The Asia Pacific market is likely fueled by growing government regulations to decrease pollution, higher quality standards, and increased energy efficiency. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complex data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External and internal factors that are supposed to affect the business positively or negatively have been analyzed, which is anticipated to give a clear, futuristic view of the industry to the decision-makers. The report also helps understand the market dynamics and structure by analyzing the market segments and projecting the market size. Explicit representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.
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Global Gloss Meters Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: US $ 47.85 Mn. Forecast Period 2022 to 2027 CAGR: 4.5 % Market Size in 2027: US $ 62.31 Mn. Segments Covered: by Type • Single Angle • Two Angles • Multi Angles by End-use • Paint and Ink • Coating • Paper • Automotive • Plastic • Other
Gloss Meters Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Gloss Meters Market Key Players• Elcometer (United Kingdom) • ElektroPhysik (Germany) • BYK Gardner (Germany) • Erichsen (United States) • Konica Minolta (Japan) • Leader Precision (Thailand) • OPTEC (United States) • EEL (Springfield, OH) • Rhopoint Instruments (Queensway Avenue South) • TQC (The Netherlands) • Horiba (Japan) • ZEHNTNER (Switzerland) • JETI (United States) • Panomex Inc (India) • SAMA tools (Italy) • Phynix GmbH & Co KG (Germany) Frequently Asked Questions: 1. What forecast period is considered for the Gloss Meters market report? Ans. The forecast period for the Gloss Meters market is 2022-2027. 2. What factors cause a hindrance to the growth of the Gloss Meters market? Ans. The expensive cost of Gloss meters instruments and the demand for qualified staff to operate and measure gloss, reflectance, haze, and other surfaces are limiting the global sales and thereby is a major restraint in the growth of the Gloss meters market. 3. What is the Gloss Meters market's compound annual growth rate (CAGR) for the forecast period? Ans. The CAGR of the Gloss Meters market for the forecast period 2022-2027 is 4.5 %. 4. What are the key factors driving the growth of the Gloss Meters market? Ans. Due to the expanding penetration of the urbanisation trend, development of IoT, and new technologies, emerging economies are expected to create lucrative growth opportunities in the Gloss meters market. 5. What major key players are covered in the Gloss Meters market report? Ans. The major worldwide critical players in the Gloss Meters market are EEL, Panomex Inc, and Elcometer.
1. Gloss Meters Market: Research Methodology 2. Gloss Meters Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Gloss Meters Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Gloss Meters Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Gloss Meters Market Segmentation 4.1. Gloss Meters Market, by Type (2021-2027) • Single Angle • Two Angles • Multi Angles 4.2. Gloss Meters Market, by End-use (2021-2027) • Paint & Ink • Coating • Paper • Automotive • Plastic • Others 5. North America Gloss Meters Market (2021-2027) 5.1. North America Gloss Meters Market, by Type (2021-2027) • Single Angle • Two Angles • Multi Angles 5.2. North America Gloss Meters Market, by End-Use (2021-2027) • Paint & Ink • Coating • Paper • Automotive • Plastic • Others 5.3. North America Gloss Meters Market, by Country (2021-2027) • US • Canada • Mexico 6. European Gloss Meters Market (2021-2027) 6.1. European Gloss Meters Market, by Type (2021-2027) 6.2. European Gloss Meters Market, by End-Use (2021-2027) 6.3. European Gloss Meters Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Gloss Meters Market (2021-2027) 7.1. Asia Pacific Gloss Meters Market, by Type (2021-2027) 7.2. Asia Pacific Gloss Meters Market, by End-Use (2021-2027) 7.3. Asia Pacific Gloss Meters Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Gloss Meters Market (2021-2027) 8.1. Middle East and Africa Gloss Meters Market, by Type (2021-2027) 8.2. Middle East and Africa Gloss Meters Market, by End-Use (2021-2027) 8.3. Middle East and Africa Gloss Meters Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Gloss Meters Market (2021-2027) 9.1. South America Gloss Meters Market, by Type (2021-2027) 9.2. South America Gloss Meters Market, by End-Use (2021-2027) 9.3. South America Gloss Meters Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Phynix GmbH & Co KG (Germany)Overview 10.1.1. Financial Overview 10.1.2. Presence 10.1.3. Capacity Portfolio 10.1.4. Business Strategy 10.1.5. Recent Developments 10.2. Elcometer (United Kingdom) 10.3. ElektroPhysik (Germany) 10.4. BYK Gardner (Germany) 10.5. Erichsen (United States) 10.6. Konica Minolta (Japan) 10.7. Leader Precision (Thailand) 10.8. OPTEC (United States) 10.9. EEL (Springfield, OH) 10.10. Rhopoint Instruments (Queensway Avenue South) 10.11. TQC (The Netherlands) 10.12. Horiba (Japan) 10.13. ZEHNTNER (Switzerland) 10.14. JETI (United States) 10.15. Panomex Inc (India) 10.16. SAMA tools (Italy)