Global Stroboscope Market 2017-2021

Overview of the global stroboscope market

As per the Technavio’s market research report, the global stroboscope market is expected to grow at a steady rate and post a CAGR of close to 7% during the forecast period. The wide range of applications of stroboscopes in the automobile and engine industries will drive the growth prospects for the global stroboscope market until the end of 2021. The growth in automobile industry due to the improved economic conditions, rapid replacement of older vehicles, easier access to credit, and increased use of fuel-efficient auto models, will drive the demand for stroboscope as this device is used to check the ignition of the engine and valves in the engines. Additionally, the applications of stroboscopes in detecting the actual position at which the fuel injection valves open and the position of the crankshaft will further fuel the adoption rate of stroboscope to measure revolutions, velocity, and frequency of the moving objects.

The growing use of stroboscopes for underwater photography is one of the key trends observed in the global stroboscope market. Since external strobes allow the diver to shoot sharp photos by supplying light at high speed, the demand for stroboscopes for underwater photography is increasing among photographers. Moreover, the strobe light equipment of the battery powered strobe light can be changed to different positions while offering comfort to the user, which will again, fuel their demand among photographers.

Competitive landscape and key vendors