Product Code: ETC366924 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The micrometer market size in India stood at USD 27 million in 2025 and is projected to grow with a compound annual growth rate (CAGR) of 6% over the years owing to rising demand from automotive sector across the country due to increased manufacturing activities coupled with implementation of stringent emission regulations that has led manufacturers towards precision measurement tools for effective production process optimization leading micrometers? sales volumes across numerous industrial sectors including automotive parts & components industry among others.
The micrometers market in India is witnessing growth due to several factors. One of the primary drivers is the increasing adoption of micrometers in manufacturing and precision engineering industries. Micrometers offer high accuracy and reliability in measuring dimensions of components, making them essential tools in quality control processes. As industries like automotive, aerospace, and electronics continue to expand in India, the demand for micrometers for dimensional inspection and verification purposes is rising. Additionally, the availability of digital and electronic micrometers with user-friendly features is contributing to their widespread adoption across different sectors. The focus on product innovation, such as wireless connectivity and data logging capabilities, is attracting users to modern micrometers, further driving the growth of the market.
The micrometers market in India faces several challenges despite its relevance in precision measurements. One of the primary obstacles is the increasing adoption of digital calipers and other non-contact measurement tools, which offer faster and more user-friendly measurements. As digital technology advances, traditional micrometers may lose popularity among certain user segments, impacting their market demand. Moreover, the need for skilled operators to handle micrometers accurately adds to the challenge, as industries may face difficulties in finding and retaining skilled personnel. Additionally, low-cost alternatives from unorganized sectors can create price competition, affecting the revenue potential for established micrometer manufacturers.
The micrometers market in India faced challenges during the COVID-19 pandemic as manufacturing and industrial activities were disrupted. The slowdown in construction and automotive sectors, which are major users of micrometers for precision measurement, led to a decline in demand. Moreover, supply chain disruptions and limitations on physical interactions affected the distribution and sales of micrometers. However, as industries resumed operations and adapted to the new normal, there was a gradual recovery in demand for micrometers. Additionally, with increased emphasis on quality control and precision in manufacturing processes, the market is expected to witness steady growth as businesses invest in advanced micrometers for accurate measurements and inspections.
The micrometers market in India has seen growth due to the expanding manufacturing and precision engineering sectors. Key players in this market include Mitutoyo Corporation, a Japanese company known for its high-precision measuring instruments, including micrometers. Other prominent players in the India market include Baker Gauges India Private Limited, Kristeel Shinwa Industries Ltd., and Precise Gauging & Automation Pvt. Ltd. These companies offer a wide range of micrometers catering to different industries and applications, ensuring accurate and reliable measurements in diverse settings.