Lock-in Amplifier Market is
expected to display higher growth rate in the upcoming years. Rapid surge in
the market is credited to the growing demand from consumer electronic sector
and increasing penetration across the globe. Growing adoption of lock-in
amplifier in confocal microscopy devices to diagnose cancer is expected to
drive the growth of the market over the forecast period. Globally, lock-in
amplifier market is predicted to generate massive revenue over the forecast period,
providing numerous opportunities for industry participants to invest in
research and development of lock-in amplifiers.
Lock-in amplifiers are generally adopted to analyze and
compute small AC signals that are in rage of a few nano-volts. Lock-in amplifier
helps to measure such minute AC signals precisely even these signals are
muddled by external noise sources. Lock-in amplifiers are operated on principle
of phase-sensitive detection in order to separate the component of the signal
at a given reference frequency and phase.
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Lock-in amplifiers (LIAs) are increasingly adopted in
battery-operated applications due to their compact size and limited power
consummation. Additionally, lock-in amplifiers (LIAs) are operated with
single-supply voltage. Increasing number of application of lock-in amplifiers
(LIAs) including portable sensing applications is expected to fuel market
demand over the coming years. Growing use of portable sensors in healthcare industry,
environmental monitoring and industrial monitoring is propelling the expansion
of lock-in amplifier market.
The market is broadly categorized into three major segments
based on the application type such as gas detection, gear diagnosis, and
confocal microscopy devices. Gear diagnosis segment is growing rapidly in the
market with substantial revenue generation in the last few years. Growing
popularity of lock-in amplifier in gear diagnosis segment is attributed to the
increasing product penetration and easy availability.
The lock-in amplifier market is divided by region as North
America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in implementation of
latest technologies in consumer electronic sector, surge in number of research
& development activities and existence of well-established industrial
infrastructure in the region. In European region, Germany, France, and United
Kingdom are projected to witness steady growth over the coming years.
Asia-Pacific region is estimated to hold a major share in
the lock-in amplifier industry with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific
market with strong economic growth, rapid industrialization, increasing
manufacturing activities, and significant investment by leading industry
players considering potential growth opportunities in the region. The key
players in the lock-in amplifier market are Zurich Instruments AG, AMETEK, Inc.,
Anfatec Instruments AG, FEMTO Co., NF Corp., and Stanford Research Systems.
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Market Segment:
Geographically, this
report is segmented into several key Regions, with production, consumption,
revenue (M USD), market share and growth rate of Lock-in Amplifier in these
regions, from 2012 to 2023 (forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and
Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE,
Egypt, Nigeria and South Africa)
Global Lock-in
Amplifier market competition by top manufacturers, with production, price,
revenue (value) and market share for each manufacturer; the top players
including
•
SRS
•
FEMTO
•
Liquid Instruments
•
Anfatec
•
Zurich Instruments
•
Scitec
•
NF Corporation
•
APE-Berlin
•
HINDS Instruments
•
Tydex Optics
On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
•
Digital Lock-in Amplifiers
•
Analog Lock-in Amplifier
On the basis on the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate of
Lock-in Amplifier for each application, including
•
Laboratory
•
Medical Use
•
Industrial Use
•
Others
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