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Upcoming Allied Market Research
2021
Calculators Market

Calculators Market by Product Type (Basic, Financial, Graphing, Printing, Scientific, and Others), Application (Individual, Schools, Colleges, Business, Corporate, and Others), and Distribution Channel (Hypermarkets, Stationery, Specialty Stores, Online Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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A calculator is a device that carries out numerical arithmetic operations. Addition, subtraction, multiplication, and division are the simplest calculators possible. More advanced calculators can cope with exponential operations and hyperbolic functions, roots, logarithm, trigonometric functions. Calculators are just a tool used by consumers to solve issues. With tedious computation and algebraic manipulation that discourage a large percentage of learners from being eliminated, calculators allow more kids to solve problems and now realize the power and value of mathematics. Due to the outbreak of the COVID-19 pandemic, countries had to enforce lockdown that halted the operations in schools, colleges and business or corporate firms. Due to that, the demand for calculators decreased as there was no requirement for new calculators from the consumers. The calculator market saw a dip in production as sufficient labours were not available to continue the production process. With the increasing price of supply materials, it was difficult for the manufactures to keep the price in check for the final product.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Regions Covered

  North America, Europe, Asia-Pacific, and LAMEA

  Segments Covered

  Product Type, Application, Distribution Channel and Region

  Companies Covered

Casio Computer Co. Limited., Citizen Systems Europe GmbH., Ajanta LLP., Trendz Paper & Stationer Pvt Ltd., Flair Writing Industries Limited., Texas Instruments LLP., Caltrix Electronics Industries Ltd.,  Hamilton Writing Instruments Private Limited., Sunway Electronics Company., and Victor Technology LLC.

 

COVID-19 Impact Analysis

  • There was a negative effect on the calculators market from the household and corporate sectors due to the COVID-19 pandemic. The demands for calculators decreased as consumers have shifted their interest towards essential products.
  • The e-commerce sector had seen a boost as consumers were purchasing the products through online mediums. For processing and shipping online products, the demand for calculators increased by a little margin as student and corporate employees had a requirement for a calculator to carry on their work.
  • The market experienced a gap between demand and supply of products due to the insufficient stock of calculators. This gap between demand and supply lead to a delay in time for delivery.

Top Impacting Factors
Calculators are utilized in the IT, banking, financial, accounting, educational, healthcare, government, retail sector, and other industries for work purposes. Market expansion in these areas was quick and led to an enormous potential to expand worldwide at several places. As a result of the numerous established and important player sectors, where the usage of various types of calculators was considerable, is seeing a surge in demand for calculators.
As technology covers the globe, the calculator's technology remains behind. In addition, technological digitalization has become the growth factor in the global market for calculators. Graphic calculators designed to simultaneously calculate and print the invoice. According to the various calculations and printing calculators which are widely used, particularly in small, medium and large retail sectors. This has provided the industry with potential for expansion, and these trends have had a huge influence on the global calculator market's growth.

Market Trends
Business Calculators are in High Demand than Other Types of Calculators Available in the Market

  • Like any other calculator, a business calculator operates by offering a stand-alone solution to execute the math operations. There is no need for a computer or a linked device to utilize it, and its functions are business-oriented and financially oriented. The buttons spaced apart at a suitable distance, a button that suits your hand and clear labeling on each button are part of your business calculator search. The battery life is decent and it operates at all angles. Its lightweight, portable, and allows most-used information to be stored in your memory. The features are attracting customers from corporate or business domains to opt for business calculators. Business calculators surely provide an edge over other calculators and are quite fast.
  • Adoption of New Technology Implementations in Desktop Calculators
  • Technology digitization has made several advances in simple desktop calculators, including an advanced form of graphic computers and desktop computers. In numerous industries, sectors, geographies and business sizes, digitization presented a significant potential for development. Different suppliers offer special application goods for a variety of end-users with many technical advancements and M&A operations. The development of scientific education mostly requires scientific desktop calculators. Moreover, many emerging schools in the U.S. and other European nations have compelled the usage of desktop calculators after eight grades for fundamental arithmetic.

   
Key Segments Covered
Product Type

  • Basic
  • Financial
  • Graphing
  • Printing
  • Scientific
  • Others

Application

  • Individual
  • Schools
  • Colleges
  • Business
  • Corporate
  • Others

Distribution Channel

  • Hypermarkets
  • Stationery
  • Specialty Stores
  • Online Retail
  • Others

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the calculators industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the calculators’ market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the calculators’ market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed calculators market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Calculators Market Research Report

  • Which are the leading players active in the calculators market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


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