What is Global Feeler Gauge Market?
The Global Feeler Gauge Market is a fascinating and complex sector that is often overlooked. A feeler gauge is a tool used to measure gap widths. It's a set of several small lengths of steel of different thicknesses with measurements marked on each piece. They are flexible and can be stacked to achieve a certain thickness, which is useful for engineers and mechanics to measure clearances. The global market for these tools is vast and varied, with a value of US$ 104 million in 2022. It's projected to grow to US$ 113.2 million by 2029, showing a steady Compound Annual Growth Rate (CAGR) of 1.2% from 2023 to 2029.
Steel Feeler Gauge, Brass Feeler gauge, Others in the Global Feeler Gauge Market:
The Global Feeler Gauge Market is segmented into different types based on the material used to manufacture the gauges. The most common type is the Steel Feeler Gauge, which holds a significant share of over 90% in the market. Steel feeler gauges are preferred due to their durability and resistance to wear. Another type is the Brass Feeler Gauge, which is non-magnetic and doesn't rust, making it suitable for certain specific applications. There are also other types of feeler gauges made from different materials to suit various needs and applications.
Engineering, Construction, Others in the Global Feeler Gauge Market:
The usage of feeler gauges is widespread across several industries. In engineering, they are used to measure the clearance between two parts. For example, in automotive engineering, a feeler gauge is used to set the gap on spark plugs. In construction, feeler gauges are used to check the gaps in window and door installations to ensure a proper fit. They are also used in other industries for various applications, making them a versatile tool.
Global Feeler Gauge Market Outlook:
To recap the market outlook, the Global Feeler Gauge Market was valued at US$ 104 million in 2022. It's expected to grow at a CAGR of 1.2% from 2023 to 2029, reaching a value of US$ 113.2 million. The market is dominated by the top five manufacturers, who hold a share of over 35%. The largest segment of the market is the Steel Feeler Gauge, which holds a share of over 90%. This shows the dominance of steel feeler gauges in the market due to their durability and versatility.
| Report Metric | Details |
| Report Name | Feeler Gauge Market |
| Accounted market size in 2022 | US$ 104 in million |
| Forecasted market size in 2029 | US$ 113.2 million |
| CAGR | 1.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Stanley Black & Decker, TTI, SnapOn, ATG, Mitutoyo, Schaeffler, SKF, NTN, Great Star, Starrett, Great Wall, Endura, Jetech Tool, Eastern, Precision Brand, SP Air |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
