Global Light Meter Market is valued at approximately USD 388.97 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.47% over the forecast period 2023-2030. A light meter, also known as an exposure meter or Lux meter, is a device used in photography to measure the amount of light and provide accurate exposure settings for films and image sensors. Light meters are widely used to measure the intensity of light in the surroundings. The Light Meter Market is expanding because of factors such as rising demand of film and video production and increasing adoption of LED lightning. Moreover, the increasing adoption of LED lighting has a significant impact on the light meter market, as it creates a demand for accurate light measurement and control to optimize the performance and efficiency of LED lighting systems.
According to Statista in 2023, it is anticipated that LEDs may achieve a penetration rate of approximately 76% in the global lighting market in 2025. Additionally, the North American market for light-emitting diodes (LEDs) is forecasted to reach a valuation of approximately USD 11.7 billion by 2022. The increasing expansion of the film and video production industry has a direct impact on the light meter market, as it increases the demand for accurate lighting measurements and control to achieve high-quality visuals. According to Statista, the global film production industry generates revenue of approx. USD 76.7 billion in 2022. Additionally, In 2021, the global box office revenue added up to approximately USD 21.3 billion an annual increase of 80.5%. In addition, rising technological advancements in light meter and growing demand of professional photography would create a lucrative growth opportunity. However, the high cost associated to light meter and limited awareness stifles the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Light Meter Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominates the market during the forecast period owing to the, growing population, higher consumer spending rates, an and the rapid expansion of the film industry in the region. North America is the fastest growing region during the forecast period owing to the factors such as the growing adoption of advanced lighting techniques in industries such as architecture, film production, and manufacturing, contributing to the growth of the light meter market in the region.
Major market player included in this report are:
- Konica Minolta Sensing Americas, Inc
- Sekonic Corporation
- Testo SE & Co. KGaA
- B&K Precision Corporation
- Teledyne FLIR LLC
- Hanna Instruments Inc
- HIOKI E.E. Corporation
- Hubbell Incorporated
- Lutron Electronic Enterprise Co., Ltd
- Martindale Electric Co Ltd
Recent Developments in the Market:
- In April 2023, AstrHori recently introduced the AH-M1 Light Meter, a real-time light meter specifically designed for older cameras, including those without a built-in light meter such as film cameras. The AH-M1 light meter offers continuous light measurement capabilities, catering to the needs of photographers using older camera models and expanding the market for light meters in the vintage camera segment.
Global Light Meter Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Display, Type, Lux Range, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Display:
By Type:
By Lux Range:
- 0-200K Lux
- Above 200K Lux
By Application:
- Photography and Cinematography
- Commercial Spaces
- Manufacturing Plants and Warehouses
- University Campuses and Schools
- Clinics and Hospitals
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Light Meter Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Light Meter Market, by Display, 2020-2030 (USD Million)
- 1.2.3. Light Meter Market, by Type, 2020-2030 (USD Million)
- 1.2.4. Light Meter Market, by Lux Range, 2020-2030 (USD Million)
- 1.2.5. Light Meter Market, by Application, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Light Meter Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Light Meter Market Dynamics
- 3.1. Light Meter Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand of film and video production
- 3.1.1.2. Increasing adoption of LED lightning
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated to light meter
- 3.1.2.2. Limited awareness
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising technological advancements in light meter
- 3.1.3.2. Growing demand of professional photography
Chapter 4. Global Light Meter Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Light Meter Market, by Display
- 5.1. Market Snapshot
- 5.2. Global Light Meter Market by Display, Performance - Potential Analysis
- 5.3. Global Light Meter Market Estimates & Forecasts by Display2020-2030 (USD Million)
- 5.4. Light Meter Market, Sub Segment Analysis
- 5.4.1. Analog
- 5.4.2. Digital
Chapter 6. Global Light Meter Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Light Meter Market by Type, Performance - Potential Analysis
- 6.3. Global Light Meter Market Estimates & Forecasts by Type2020-2030 (USD Million)
- 6.4. Light Meter Market, Sub Segment Analysis
- 6.4.1. General-Purpose
- 6.4.2. LED
- 6.4.3. UV
Chapter 7. Global Light Meter Market, by Lux Range
- 7.1. Market Snapshot
- 7.2. Global Light Meter Market by Lux Range, Performance - Potential Analysis
- 7.3. Global Light Meter Market Estimates & Forecasts by Lux Range2020-2030 (USD Million)
- 7.4. Light Meter Market, Sub Segment Analysis
- 7.4.1. 0-200K Lux
- 7.4.2. Above 200K Lux
Chapter 8. Global Light Meter Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Light Meter Market by Application, Performance - Potential Analysis
- 8.3. Global Light Meter Market Estimates & Forecasts by Application2020-2030 (USD Million)
- 8.4. Light Meter Market, Sub Segment Analysis
- 8.4.1. Photography and Cinematography
- 8.4.2. Commercial Spaces
- 8.4.3. Manufacturing Plants and Warehouses
- 8.4.4. University Campuses and Schools
- 8.4.5. Clinics and Hospitals
- 8.4.6. Others
Chapter 9. Global Light Meter Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Light Meter Market, Regional Market Snapshot
- 9.4. North America Light Meter Market
- 9.4.1. U.S. Light Meter Market
- 9.4.1.1. Display breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Lux Range breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Light Meter Market
- 9.5. Europe Light Meter Market Snapshot
- 9.5.1. U.K. Light Meter Market
- 9.5.2. Germany Light Meter Market
- 9.5.3. France Light Meter Market
- 9.5.4. Spain Light Meter Market
- 9.5.5. Italy Light Meter Market
- 9.5.6. Rest of Europe Light Meter Market
- 9.6. Asia-Pacific Light Meter Market Snapshot
- 9.6.1. China Light Meter Market
- 9.6.2. India Light Meter Market
- 9.6.3. Japan Light Meter Market
- 9.6.4. Australia Light Meter Market
- 9.6.5. South Korea Light Meter Market
- 9.6.6. Rest of Asia Pacific Light Meter Market
- 9.7. Latin America Light Meter Market Snapshot
- 9.7.1. Brazil Light Meter Market
- 9.7.2. Mexico Light Meter Market
- 9.8. Middle East & Africa Light Meter Market
- 9.8.1. Saudi Arabia Light Meter Market
- 9.8.2. South Africa Light Meter Market
- 9.8.3. Rest of Middle East & Africa Light Meter Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Konica Minolta Sensing Americas, Inc.
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Sekonic Corporation
- 10.3.3. Testo SE & Co. KGaA
- 10.3.4. B&K Precision Corporation
- 10.3.5. Teledyne FLIR LLC
- 10.3.6. Hanna Instruments Inc
- 10.3.7. HIOKI E.E. Corporation
- 10.3.8. Hubbell Incorporated
- 10.3.9. Lutron Electronic Enterprise Co., Ltd
- 10.3.10. Martindale Electric Co Ltd
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption