Gloss Meters Market: Global Industry Analysis, Size, Share, Growth, Trend, and Forecast 2023-2029

Gloss Meters Market Overview:

A gloss meter is an instrument that is used to measure the specular reflection of a gloss or surface. Gloss is determined by projecting a beam of light at a fixed intensity and angle onto a surface and measuring the amount of reflected light at an equal but opposite angle. It is also defined as the angles of measurement used; the measurement angle implies the distance between the reflecting light and the device. The angles should be chosen depending on the expected gloss level, such as 60 degrees, meaning a high gloss level greater than 70GU, it measures gloss, haze, and percentage reflectance of s surface. The gloss meter is widely in various industrial processes like coating, painting, metal, and stone, and also in the sectors like automotive, construction of the building, and other similar fields of application. A gloss meter is a portable device as it is small in size. It is easy to operate as it offers a menu-driven color display, statistics ergonomic design, and is robust. The selection of gloss meter for an application depends on a surface nature of a material, after finding out these characteristics a measurement angle is decided to obtain the most accurate measurement.

 

The report explores the Gloss Meters market's segments (Type, Application, and Region).  Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Gloss Meters market's drivers, limitations, prospects, and barriers. This SMR report includes investor recommendations based on a thorough examination of the Gloss Meters market's contemporary competitive scenario.

 

 

Gloss Meters Market Dynamics:

Industries provide opportunities for the growth of the Gloss Meters Market- Many industries use gloss meters in their quality control to measure the gloss of products to ensure consistency in their manufacturing processes. The automotive industry is a major user of the gloss meters with applications extending from the factory floor to the repair shop. Gloss meters can also be used on treated, smooth, as well as untreated surfaces such as laminates, wood, stones, and others. Attributed to this, these instruments are finding a wide range of applications for measuring specular gloss and percentage reflectance of metals, wood coatings, and glass chemicals. This is projected to drive growth in the global gloss meters market.

 

Rising in the infrastructure development in various economies attributed to growth factors- In the past couple of years, a swift rise in the building and construction activities is being witnessed, especially across developing economies, driven by the growing penetration of the urbanization trend. Also, growing environmental concerns and the need for the development of sustainable infrastructure are encouraging governments in several countries to emphasize undertaking favourable construction activities. As per the reports of the Economic Times, the global construction industry is estimated to reach a value of $12,564 billion in 2027 and also annual shows annual growth of 1.5% a year. This reflects the growth of construction and it automatically influences the gloss meters market.

 

Development in the Gloss Meters products approaching growth and trend in the market- The gloss meters are a very useful instrument for measuring the gloss or a surface. Its different products like 20-degree, 60-degree, and 85-degree gloss meters apply to various industries according to their requirements. A versatile tool, the gloss meter can be used on smooth, treated, or untreated surfaces such as stone, wood, laminates, and floors. The benefits of all these instruments give rise in the revenue of the gloss meter market by 25% in 2020 and also show annual growth of 0.82% in a year in every product of gloss meters.

 

Gloss Meters Market Trends:

 

Initiatives are taken by various economies in infrastructure making gloss market - As per the reports of Indian Brand Equity Foundations, the Government of India has announced sanctioning nearly US$ 869 million for the construction of 100 smart cities under the Smart Cities Mission to strengthen the sustainable infrastructure across the country in 2022. As gloss meters are extensively used in measuring optical parameters of granites, tiles, glass, floor laminations, paints, and wood coating, during the building & construction activities, such rise in initiatives and development to bolster the sales in the market. The other countries also influence the infrastructure by investing huge capital and thus it gives major trend factors of this market in the industrial sectors across the globe.

 

Growing also Emphasis on the Development of New Digital Gloss Meters- The development of digital gloss meter or tri-angle gloss meter is used in various types of materials like ceramics, paint, paper, plastics, and metals. This meter is available in different geometrics to measure the specular reflection gloss of a surface or a material. The gloss tri-angle meter is used to determine the gloss on a surface and measures the amount of reflected light.  The instrument is portable, compact, accurate, and sensitive and available in different models; mains operated for laboratory purposes and handy battery operated. The gloss tri-angle is designed specifically to measure the gloss of a particular surface and to ascertain the amount of light that is redirected from the material. It provides a great correlation of shining or visual gloss when the sample is placed flat. These qualities led to the market growth of gloss tri-angle meter annual growth by 0.75% in the gloss meter market.

 

Gloss Meter Market Challenges or Restraining Factors:

 

Gloss Meter has several advantages but it is also associated with some restraining factors and challenges to the market. The factors which affect the growth of the gloss meters market are the high cost of these devices and the requirement for skilled personnel for operating and measuring surface gloss, reflectance, haze, and others are hindering the sales in the global market. The gloss meter is expensive for usage in small projects and also difficult to operate without any skilled labor, it automatically influences the labor cost which directly affects the cost of manufacturing. These factors affect the market growth of gloss meters.

 

Gloss Meters Market Segment Analysis:

Based on Type, the Gloss Meters Market is segmented into Portable Gloss Meters and Fixed Gloss Meters.  Portable Gloss Meters is the most dominant segment and captures the market of 60% and also influences the annual growth of 13.5% in a year. This segment is continuously Gloss Meters growth because it gives advantages to all the industries for the usage. Portable glass meters are growing it provides a revenue growth of 35% in 2021 and are also approaching various other industries where fixed gloss meters lack. The portable gloss meters are applicable across every industry and also contribute their facilities to large projects as well as small projects. The reasons by which many sectors are increasing the consumption of portable gloss market is easy to locate in various construction areas as well as easy to handle and measure the specular reflection.

 

Fixed Gloss Meters are also contributing to the growth of the market because it the most traditional gloss meters which are used by several industries and also they are comfortable with the handling of traditional or fixed gloss meters. The wide use of fixed gloss meters is in the large or small projects which have fixed locations for their manufacturing, it is also easy to operate but monitoring the specular reflection is not accurate to understand and only skilled labor is required for handling the fixed gloss meters.

 

 

Based on Application, the Gloss Meters Market is segmented into Automotive, Paints & Ink Glass, Aerospace, Consumer Electronics, and Anodized Metals. Automotive is the major segment holding the largest share because it consumes 42% of gloss meters in their projects of the total gloss meters market. The automotive market also acts as a major revenue generator for the gloss meter market. According to OEC data, the 19.8% revenue generated by the gloss meters market is derived from the automotive segment in 2020 and also provides the market growth by 11-13.5% growth over the forecasted period the gloss meter market. In the automotive segment, the gloss meter aesthetically plays an important role it is specially designed to measure the glossiness reflected by the surface usually the gloss is invested in delivering quality products with gloss and color levels that have maximum appeal to end customers.

 

Paints & Ink Glass holds the second largest market share because these paints and coatings are gloss controlled from formulation, checked regularly during manufacturing, and finally during application. Changes in the gloss levels anywhere in this process can lead to the consumption of the gloss meter market in this segment. The protective coatings industry monitors gloss during the lifetime of coatings because as the paint ages the gloss level also drops and the consumption of gloss meters is 14% in the paint and ink glass segment.

 

Gloss Meters Market Regional Insights:

North America is estimated to emerge as the most lucrative market for gloss meters between 2022 and 2027. With growing disposable income and increasing customer preference for comfort traveling, production and sales of automotive vehicles have registered a significant rise across the countries such as the U.S and Canada, resulting in boosting the demand for assistive types of equipment.  For instance, according to a study by the Bureau of Transport Statistics, nearly 1.92 million passenger cars were manufactured and around 2.57 million of these automobiles were reported to be sold across North America in the year 2020.

 

Gloss meters are used in a wide range of applications during the process of making the interiors of the vehicles such as attractive dashboards, mirror finish, internal wood finish, and others. Hence, accelerating sales of automotive vehicles such as passenger cars, luxury cars, yachts, and sports cars supported the demand for the gloss market in the North American region.

 

Asia-Pacific is anticipated to account for a significant share in the global gloss meters market during the forecasted period 2022-2027. In the furniture sector, the measurement of surface gloss or brightness of different laminations, paints, and coatings is of acute importance as a small deviation in the gloss level of furniture items can result in the development of this sector and which results in the development of the gloss meter market in Asia-Pacific region for this market.

 

The objective of the report is to present a comprehensive analysis of the Gloss Meters Market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Gloss Meters Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Gloss Meters Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Gloss Meters Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Blockchain in the Energy Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Gloss Meters Market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Gloss Meters Market. The report also analyses if the Global Gloss Meters Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Gloss Meters Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Blockchain in the Energy Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Blockchain in the Energy Market is aided by legal factors.

 

Gloss Meters Market Scope:

 

Gloss Meters Market Scope
Market Size in 2022	USD 550 Mn.
Market Size in 2029	USD 720 Mn.
CAGR (2023-2029)	4.7%
Historic Data	2017-2021
Base Year	2022
Forecast Period	2023-2029
Segment Scope	by Type Portable Gloss meter Fixed Gloss meter
	by Application Automotive Paint & Ink Glass Aerospace Consumer Electronics Anodized Metals
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Gloss Meters Market Key Players:  

• SAMA Tools
• PHYNIX GmbH & Co. KG
• HORIBA, Ltd.
• Elcometer Limited
• Erichsen GmbH & Co. KG
• TQC SHEEN B.V
• ElekroPhysik, Rhopoint Instruments
• PCE Deutschland GmbH
• Konica Minolta Business Solutions
• Panomex Inc.