Measuring and Control Instruments Market Size, Demand, Growth, Analysis and Forecast to 2030
The Business Research Company’s latest report Measuring and Control Instruments Global Market Report 2020 covers Measuring and Control Instruments market drivers, Measuring and Control Instruments market trends, Measuring and Control Instruments market segments, Measuring and Control Instruments market growth rate, Measuring and Control Instruments market major players, and Measuring and Control Instruments market size. The report provides in-depth analysis of the impact of COVID-19 on the Measuring and Control Instruments industry, along with revised market numbers due to the effects of the coronavirus.
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Measuring and Control Instruments Global Market Report 2020 is the
most comprehensive report available on this market and will help gain a truly
global perspective as it covers 60 geographies. The chapter on the impact of
COVID-19 gives valuable insights on supply chain disruptions, logistical
challenges, and other economic implications of the virus on the market. The
chapter also covers markets which have been positively affected by the
pandemic.
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The global measuring and control instruments market is expected to
decline from $759.2 billion in 2019 to $745.9 billion in 2020 at a compound
annual growth rate (CAGR) of -1.8%. The decline is mainly due to economic
slowdown across countries owing to the COVID-19 outbreak and the measures to
contain it. The market is then expected to recover and grow at a CAGR of 8%
from 2021 and reach $925.4 billion in 2023.
The report covers the
Measuring and Control Instruments market’s segments-
1) By Type: Other Electrical Equipment, Electronic Products And
Component Manufacturing, Navigational, Measuring, Electro Medical And Control
Instruments Manufacturing.
2) By Application: Medical, Electronic, Oil & Gas, Consumer
Goods, Chemicals, Others.
3) By Sales Channel: OEM, Aftermarket.
4) By Mode: Online, Offline.
Subsegments Covered: Carbon And Graphite Product, General Electrical
Equipment And Component, Vaporizers, E-Cigarettes, And Other Electronic
Nicotine Delivery Systems (ENDS), Search, Detection, And Navigation
Instruments, Automatic Environmental Control, Industrial Process Variable
Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal
Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring
Device, Magnetic And Optical Media.
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