What is the current Tachometer Market size?

The Tachometer Market is projected to register a CAGR of 10% during the forecast period (2024-2029) Read More

Who are the key players in Tachometer Market?

Emerson Electric Co., Schneider Electric corporation, SKF AB, Testo SE & Co. KGaA and Monarch Instrument are the major companies operating in the Tachometer Market. Read More

Which is the fastest growing region in Tachometer Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Tachometer Market?

In 2024, the North America accounts for the largest market share in Tachometer Market. Read More

What years does this Tachometer Market cover?

The report covers the Tachometer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tachometer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Tachometer Market Share

Statistics for the 2023 & 2024 Tachometer market share, created by Mordor Intelligence™ Industry Reports. Tachometer share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Tachometer Industry

The competitive rivalry in the tachometer market is high owing to some key players such as Emerson Electric, Schneider Electric, and Honeywell International Inc., among others. However, the market remains consolidated. Through research and development, the companies in the market have gained a competitive advantage over other players. Strategic partnerships and, mergers & acquisitions have allowed these companies to achieve a more significant footprint in the market.

July 2022 - Jaltest Tools, a provider of workshops with high-quality professional equipment, launched the new digital tachometer (50002008) to measure the speed (rpm) of components such as the cooling system fan of vehicles. Some features of the new product include counting the number of turns for a certain period and displaying maximum and minimum values during measurement.
September 2021 - Nippon Seiki Co., Ltd. discontinued the ADVANCE RS 80 tachometer with the plans to relaunch the ES 80 tachometer by adding minor changes. The company also hinted that the price of new products would be higher due to changes in parts.