Report Code: A08043 | Pages: NA | Jul 2023 | 1177 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Hour Meter Market
Request Now !Hour meter is an important instrument, which is used in many industries. It keeps the record of overtime or extended running time of the machine through a circuit. It generally displays the extended running time of the machine in hours. When the machine is working continuously for a specific period of time, then the maintenance of the machine becomes very important so that more damage to the parts could be avoided. Hour machine is an effective way of reducing the damage to the machine by doing timely maintenance.
COVID-19 scenario analysis:
Proper maintenance of heavy machines is very important to avoid the high repairing cost of machines. This maintenance generally includes checking of various parts, such as filter, bearings, and belts, of the machine. In addition, parts should be replaced in case of any damage or failure while components, such as motors, fans, and engines, which are subjected to more friction should be lubricated.Â
There are various types of hour meters available in the market. Hour meters can be differentiated on the basis of various parameters such as data, shape, display, and power. They are generally powered by using alternating current (AC) or direct current (DC). Equipment, such as airplanes, tractors, and trucks, which are operated with the help of battery use direct current (DC)-powered hour meter. The hour meters, which are powered by alternating current (AC) are generally used on equipment such as compressor, generators, and rug shampooers. Therefore, due to the wide range of applications, the demand for hour meter is expected to rise during the forecast period. Hour meter with electromechanical display consists of rotating numbered wheels to give the time reading. The hour meters available in the market are not very costly and show accurate timings. They are selected according to the requirement of the customer, design, and display. Other than these, some other factors are also taken into consideration before selecting the hour meter. If there is electronic hour meter fitted on the machine, the operator will not be able to see the reading in case of power shortage. This problem can be overcome by using electromechanical analog hour meter. Moreover, the price of digital hour meter is more than the analog hour meter.
Hour meter is used in many industries for accurate indication of the total working time of different types of machines during the specific period. As per the indication, maintenance of the machines is done so that the machine will work properly and the replacement of the component could be avoided. Therefore, this is the key driving factor for the growth of the hour meter market. In addition, different product range allows the user to select the hour meter as per the requirement and function.
Many companies in the hour meter market develop and introduce new products in the market. These products are technologically more advanced than the previous products. In May 2019, Linor Technology launched advanced version of an hour meter known as IoT meter. This device is Wi-Fi enabled and comes with specially designed software. It collects the information such as hours, voltage, and temperature.Â
Key benefits of the report:
Hour Meter Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
Aspects | Details |
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By Product Type |
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By Display |
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By Application |
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By End-Use Industry |
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Key Market Players | Kubler Group, Texas Instruments Incorporated, SIMEX, Linor Technology, Inc, EATON Corporation Inc., Trumeter Technologies Ltd., ABB, Omron Corporation, Panasonic Corporation, Intermatic Incorporated., Schneider Electric SE, ENM Company, Inc., Robert Bosch GmbH, Fuji Electric Co., Ltd., Honeywell International Inc. |
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