Light Meter Market Size, Share, Trend & Analysis | 2022-27

 

Market Overview:

During the forecast period, the light meter market is expected to grow at a CAGR of more than 7.12%. (2021–2026). According to estimates, roughly 45% of shops are investigating indoor farming to address rising demand for fresh, sustainable, locally grown food, presenting a significant opportunity for the light meter market.

Furthermore, according to a report by Staples, a UK corporation, 40% of office workers struggled to work in bad lighting every day in an online survey of 7,000 office workers in October 2018. As a result, their productivity and health suffered. To address such issues, firms are shifting toward cold-tone lighting for their personnel. This practice is likely to drive the light metre industry in order to maintain the ambient lighting needs in the workplace.

Furthermore, the light meter market is being driven by increasing government mandates globally for the deployment of energy-efficient lighting such as LED lighting. This, in turn, is likely to increase the demand for LED light meters. Apart from LED lighting, these light meters can monitor ambient and conventional lighting. The development of smartphone applications with light sensing capabilities, on the other hand, poses a significant barrier to market expansion.

Scope of the Report

A light meter is a gadget that can detect ambient light in an environment as well as direct light from a light source. It is commonly used in photography since it assures that the exposure is perfect. A light meter’s electronic circuitry is normally either digital or analogue. The light meter market is segmented by the display, type, application, and geography in this analysis.

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