; Digital LUX Meter Market Size, Industry Share, Analysis, Forecast, 2032

Digital LUX Meter Market

Digital LUX Meter Market Size, Share, and Analysis, By Type (Visual LUX Meter, Photoelectric LUX Meter) By Product (General-Purpose Light Meters, LED Light Meters, UV Light Meters), By Application (Photography & Cinematography, Commercial Spaces, Manufacturing Facilities and Warehouses, University Campuses, Research Centers, Clinics and Hospitals, Agricultural Sector, Others) and Regional Forecasts, 2022-2032

Published on: Apr-2023
Report Code: FG INEQ 01439
No. of Pages: 170-350
Report Format: PDF

Product Overview:

The Global Digital LUX Meter market size was USD 354.28 million in 2021 and is projected to grow from USD 408.5 million in 2023 to USD 783.8 million by 2032, exhibiting a CAGR of 7.5% during the forecast period.

LUX measuring device or lux meter is a device used for controlling illuminance of an area. The illuminance is a measure of an illuminated place but not of a light source. The lux meter is utilized to find out the amount of luminous flux emitted by a light source that reaches an area. Illuminance is inversely proportional to area, that is the amount of light illuminating a surface will be dim if area is large and hence, vice-versa. The illuminance provided by a light source on an area is perpendicular to the direction of source and it is a measure of strength of in that area.

Market Highlights

Global Digital LUX Meter is expected to project a CAGR of 7.5% during the forecast period, 2022-2032

The Global Digital LUX Meter is expected to reach USD 783.8 million at a CAGR of 7.5 % during forecast period owing to the rising necessity of lighting in photography either commercially or professionally. Growing advancements in the technologically updated light meters in cinematography industry and increased disposable income among people are factors expected to drive market growth. The market is also expected to grow due to the escalation in use of LED lighting, & demand for luminance in workspaces for enhancing productivity. The luminous flux unit lumen is a measure of total "amount" of visible light and illuminance existing, as a measure of the illumination intensity in an area.

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Global Digital LUX Meter Market Segmentation:

LED light meters segment is expected to grow with high CAGR during 2022-2032

Global Digital LUX Meter market is classified based on the Product into General-Purpose Light Meters, LED Light Meters, UV Light Meters. LED light meters segment is expected to grow over the forecast period owing to rising need for LED light meters due to growing popularity and usage of LED lighting in various industries. These lights generate white light when compared to incandescent lights. The demand for LED light meters has increased and is also expected to boost the growth of this segment.

Photography & cinematography segment is expected to grow with a high CAGR during 2022-2032

Global Digital LUX Meter market is classified based on the Product into Photography and Cinematography, Commercial Spaces, Manufacturing Facilities and Warehouses, University Campuses, Clinics and Hospitals, Others. Photography and cinematography segment is estimated to register high share in the global Digital LUX Meter market during the forecast period owing to rising popularity of photography and increasing necessity of obtaining correct equipment for capture high-quality images.

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Market Dynamics:                        

Growth Drivers

Growing Demand for Light Meters in the Photography & Cinematography Industry is Driving the Market Growth

The light meters assist photographers and cinematographers for most of their works and they convert light into the units in a camera and help providing detailed graphs on the color and quality of the lights used. The light meters are used to identify the quality of the light and assist in choosing appropriate lighting which is expected to drive the growth of the Global Digital LUX Meter market. A light meter is generally used to check exposure settings for producing balanced images.

Rising Demand for Light in Outdoors and Industries is Driving the Market Growth

The use of Digital LUX meters in sports related activities, outdoor places is increasing leading to the growth of the market. Many industries are focusing on implementing safety measures at the work place by installing the light meters which will assist them working at varied times. These meters assist in providing accurate measurements of luminescence and it reduces the occurrence of manual errors which is expected to drive the market growth in the forecast period.

Restraint

Technological Advancements in Smartphone Applications May Restrain Market Growth

By installing few applications and software, smartphones can be utilized as light meters. These smartphone applications the phones to work as light meters by availing inbuilt camera as a light sensor but by using cameras as the light meter may lead to variable outputs and display unstable irregular readings.

Recent Developments:

  • ??In August 2019 - Sekonic Corporation reported the new firmware for the cinematographers and photographers, C-800 SPECTROMETER. 

  • In August 2019 - Gigahertz-Optik GmbH updated the MSC15 devices including internal memory for the local storage.

Global Digital LUX Meter Market Key Players Covered:

  • FLIR Systems
  • Testo SE & Co. KGaA
  • Pyle Audio
  • Mastech Group
  • Sekonic
  • Dr.Meter
  • Mextech Technologies
  • HTC Instruments
  • Lutron Electronics
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Global Digital LUX Meter Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America region accounted for largest share in 2021, in terms of revenue and this region is also expected to grow in the forecast period with a significant share owing to the increasing popularity of photography and high-resolution pictures among the youngsters and growing establishment of light meters in various places like clinics and hospitals which is driving market growth in the region.

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Impact of Covid-19 on Global Digital LUX Meter Market

The COVID-19 pandemic affected the Global Digital LUX Meter industry. The restrictions on manufacturing, distribution chain resulted in the downfall of economies. During the COVID outbreak, setting and installations of light meters were not possible, and it led to the negative impact on Global Digital LUX Meter Market.

 Global Digital LUX Meter Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global Digital LUX Meter Market report also contains analysis on:

Global Digital LUX Meter Market Segments:

  • By Type
    • Visual LUX Meter
    • Photoelectric LUX Meter
  • By Product
    • General-Purpose Light Meters
    • LED Light Meters
    • UV Light Meters
  • By Application
    • Photography & Cinematography
    • Commercial Spaces
    • Manufacturing Facilities and Warehouses
    • University Campuses
    • Research Centers
    • Clinics and Hospitals
    • Agricultural Sector
    • Others
  • Global Digital LUX Meter Market Dynamics
  • Global Digital LUX Meter Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

Report Attribute

Details

Market size value in 2021

USD 354.28 million

Revenue forecast in 2032

USD 783.8 million

Growth Rate

CAGR of 7.5% from 2022 to 2032

Base year for estimation

2021

Quantitative units

Revenue in USD million and CAGR from 2022 to 2032

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Type, Product, Application, and Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Key companies profiled

FLIR Systems,  Pyle Audio, Mastech Group, Sekonic, Dr.Meter, Mextech Technologies, HTC Instruments, Lutron Electronics, Testo SE & Co. KGaA and Other Prominent Players

Frequently Asked Questions (FAQ):

Global Digital LUX Meter Market size was estimated at USD 354.28 million in 2021 and is expected to reach USD 783.8 million in 2032.

A lux measuring device or lux meter is a device used for controlling illuminance of an area. The illuminance is a measure of an illuminated place but not of a light source. The lux meter is utilized to find out the amount of luminous flux emitted by a light source reaches an area.

LED light meters and Photography and cinematography segment accounted for the largest Global Digital LUX Meter market share.

Key players: FLIR Systems, Pyle Audio, Mastech Group, Sekonic, Dr.Meter, Mextech Technologies, HTC Instruments, Lutron Electronics, Testo SE & Co. KGaA and Other Prominent Players are the key players in the Global Digital LUX Meter Market.

Growing demand for light meters in the photography and cinematography industry and Rising demand for light in Outdoors and industries are the factors driving the Global Digital LUX Meter market.

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