A galvanometer is a device which is used to identify and measure the value of current flowing through a circuit. Based on the ability to identify and measure electrical current, galvanometers have a wide range of applications ranging from healthcare to telecommunications. The human body generates a minute value of electric current and as such can be measured with the aid of a galvanometer. Galvanometers have been used to measure electrical activity in the human brain and heart. Based on the output signal which is normally measured against that of standard values of electrical output from a healthy brain and heart, it can be determined if the organs are functioning properly.
Galvanometers have also been used to determine the proper functioning of various electrical components of numerous devices based on a comparison with what the actual output should be. The galvanometer is also ideal for measuring current generated from moving coils which is often found in the manufacturing and industrial sector. Other applications of galvanometers include the use to detect and measure current output from telecommunication equipment.
Companies operating in this market are many and are looking at different innovative means of product differentiation. There hasnt been much of a technological leap in terms of the development of the product expect in terms of reliability and precision and also in the way the output is read, i.e., in a digital format. The availability of different form factors will allow for the use of galvanometers across a wide range of applications.
The Galvanometer market can be segmented on the basis of type:
In terms of application, the Galvanometer market has been segmented across the following:
- Test & Measurement
As of 2015, the APAC region accounted for the largest share of galvanometers considering the device is mostly used for testing and measurement purposes and as such is used by various OEMs for their respective products. The galvanometer has a relatively long life cycle and hence replacement cycle for this product is fairly low. However, an encouraging fact is that there are a number of ancillary industries which are being set up, especially in the APAC region which will add to the growth of the galvanometer market.
The market has been segmented based on the following geographies:
- North America
- South America
- Middle East
Following are just a few of the companies that are operating in the galvanometer market:
- Cambridge Technology Inc.
- Sino-Galvo(Beijing) Technology Co., Ltd.
- H.L.Scientific Industries
- Advanced Technocracy Inc.
- Aerotech Inc
1. Galvanometer Market Overview
2. Executive Summary
3. Galvanometer Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Galvanometer Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Galvanometer (GPU) market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Galvanometer Market Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Galvanometer Market By Type
7. Galvanometer Market By Application
7.4. Test & Measurement
8. Galvanometer Market By Geography
8.2. Global Study
8.3.1. North America
9. Galvanometer Market Entropy
9.1. New Product Launches
9.2. M&As, Collaborations, JVs and Partnerships
10. Company Profiles
10.1. Cambridge Technology Inc.
10.2. Sino-Galvo(Beijing) Technology Co., Ltd.
10.3. H.L.Scientific Industries
10.4. Advanced Technocracy Inc.
10.5. Aerotech Inc.
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11.3. Research Methodology
11.5. Compilation of Expert Insights