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Handheld Light Meter Market - Forecasts from 2022 to 2027

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    Report

  • 124 Pages
  • April 2022
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5602555
For calculating light exposure and intensity, a separate instrument is used, which is known as a handheld light metre. The shutter value and aperture which are set in the camera for the proper exposure of the frame at a basic level are determined by the handheld light metre. The handheld light meter can also suggest the best combination of aperture and shutter value required for the right capture of the scene. In the modern era, cameras are equipped with light metres that are built-in, allowing one to take well-exposed images without the use of separate equipment. This built-in circuitry is sufficient for the majority of requirements that one may encounter while using a camera. A handheld light metre, on the other hand, is built to perform one task exceptionally well. That duty entails calculating light levels and relating them to shutter and aperture settings in order to produce a well-exposed photograph in even the most challenging lighting conditions. In order to comprehend shutter speed, a light metre is used in a variety of photography and cinematography applications. Because of the multiple benefits it offers, the photography sector is expected to offer prospective growth for the light meter market. A light meter's data can assist a photographer in better analyzing light, which can enhance the reliability of photos shot with analogue devices. These qualities, as well as the diverse applications provided by light metres in various industries, are likely to boost the light metre market over the forecast period.



Growth Driver


It is expected that the photography industry has the potential to develop the market for handheld light metres due to its great advantages, such as the data offered by a light metre that can assist a photographer in better comprehending light, resulting in higher picture quality. In the lighting industry, there is a growing demand for wireless light metre solutions. Furthermore, rising interest in photography among young people, rising per capita disposable income, and rising demand for high-quality photography by commercial and professional photographers at all hours of the day and night contribute to greater use of handheld light metres, expected to boost future growth. Handheld light metres require various requisite light levels for capturing a portrait or scene in order to exhibit high-quality pictures, which is expected to contribute to the growth of the handheld light metre market during the forecast period, as light plays an essential part in capturing the desired images and videos.

The demand for higher-quality videos in the film sector is expected to propel the handheld light metre market in the foreseen period.


Over time, the method of video production has progressed significantly. Proper light management is essential to make the video aesthetically pleasing and effective. The handheld light metre is also useful for comparing photographs taken in different settings. Many videographers use a handheld light metre to monitor the light strength in different places during shots. The demand for high-quality recordings in the film industry is increasing, which is expected to boost the market for handheld light meters.

Restraints


The lack of awareness among end-users about the role of proper lighting, aperture, and shutter value in getting great shots is expected to hamper the market. The handheld light metre industry is likely to suffer setbacks as more and more substitutes for handheld light metres enter the market. One of the most prominent examples is smartphones, which are now fully equipped with current technology to give high-quality services to users. Another factor that is predicted to slow the growth of the handheld light metre market is the cost associated with the manufacturing of these meters.

COVID-19 Impact


The COVID-19 had a huge impact on the handheld light metre industry's allied and ancillary businesses, such as nuptials and big events, which were not as lavishly celebrated as they were in the Vivid era, and governments around the world enacted stringent lockdown laws, causing a slowdown in various markets directly related to photography and events. The jolt caused by the coronavirus in allied industries impacted the production and supply chain of high-end cameras by impacting and slowing down demand for the handheld light metre market.

Regional Analysis


The handheld light metre market is expected to dominate in Asia-Pacific. The population boom, increasing expenditure rate, increasing fascination with youth photoshoots, and the fastest-growing cinematic sector are the major factors expected to drive the handheld light metre market in this region. North America is expected to be the second-largest market for handheld light meters. The presence of global leading companies, the use of technological advancements in cinematography, and government initiatives are the factors that are expected to propel the handheld light metre market in this region for the forecasted period.

The expansion of the film industries in North America and East Asia is expected to fuel the growth of the handheld light metre market in these regions. Because of the constantly growing manufacturing sector, East Asia, North America, and Europe are projected to see substantial expansion in the global handheld light metre market. The rising demand for photography-related to marriage and function is also expected to grow the market in these regions, as these regions have a high demand for destination weddings with full swings.

Market Segmentation:


By Output

  • Digital
  • Analog

By Illuminance

  • 0 TO 20 LUX
  • 20 TO 200 LUX
  • 200 TO 2000 LUX
  • ABOVE 2000 LUX

By Application

  • Video and Photography
  • Security and Surveillance
  • Commercial Lighting and Testing
  • Others

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
  • The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Others
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Taiwan
  • Indonesia
  • Others

Table of Contents

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis
5. HANDHELD LIGHT METER MARKET, BY OUTPUT
5.1. Digital
5.2. Analog
6. HANDHELD LIGHT METER MARKET, BY ILLUMINANCE
6.1. 0 TO 20 LUX
6.2. 20 TO 200 LUX
6.3. 200 TO 2000 LUX
6.4. ABOVE 2000 LUX
7.  HANDHELD LIGHT METER MARKET, BY APPLICATION
7.1.  Low
7.2.  High
8. HANDHELD LIGHT METER MARKET, BY INDUSTRY VERTICALS
8.1. Video and Photography
8.2. Security and Surveillance
8.3. Commercial Lighting and Testing
8.4. Others
9. HANDHELD LIGHT METER MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. United Kingdom
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Israel
9.5.4. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. South Korea
9.6.4. Taiwan
9.6.5. Thailand
9.6.6. Indonesia
9.6.7. Japan
9.6.8. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisition, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Konica Minolta, Inc
11.2. PCE Deutschland GmbH
11.3. ATP Instrumentation
11.4. International Light Technologies Inc.
11.5. Hioki e.e. Corporation
11.6. Panomex Inc.
11.7. Center Technology Corp.
11.8. Step Systems GmbH (a subsidiary of Indega)
11.9. Edmund Optics Inc.

Companies Mentioned

  • Konica Minolta, Inc
  • PCE Deutschland GmbH
  • ATP Instrumentation
  • International Light Technologies Inc.
  • Hioki e.e. Corporation
  • Panomex Inc.
  • Center Technology Corp.
  • Step Systems GmbH (a subsidiary of Indega)
  • Edmund Optics Inc.

Methodology

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Table Information