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Download Free sampleThe global Feeler Gauge market was valued at 1.05 Million USD in 2021 and will grow with a CAGR of 1.13% from 2021 to 2027.
The prime objective of Feeler Gauge Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Feeler Gauge Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Feeler Gauge is a thin metal strip of known thickness used to measure the gap widths. Mainly these gauges are used in the field of engineering. In engineering it is used to measure the gap present in between them.As for the global feeler gauge industry, the industry structure is relatively stable. The top three manufacturers have one third revenue market share in 2015. The United States giant Stanley Black & Decker, which has 12.16% market share in 2015, is the leader in the feeler gauge industry. The manufacturers following Stanley Black & Decker are TTI and SnapOn, which respectively has 10.00% and 9.53% market share globally. The Great Star is the leader of China mainland feeler gauge industry. It sells a total of 1.88 million dollar feeler gauge products in the year of 2015. The downstream industries of feeler gauge products are engineering and construction. In the recent years, with the recovery of global economic, the development of emerging countries and the spurring spending of automotive, the consumption increase of feeler gauge will be obvious. In the foreseeable future, the feeler gauge products will show an optimistic upward trend. Although sales of feeler gauge products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the feeler gauge field hastily.
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