Global Scientific Calculator Market Overview:
The calculator is an electronic device used to do a mathematical calculation, ranging from basic arithmetic to complex mathematics. There are different types of calculators such as solar calculator, scientific calculator, graphing calculator, and others. Applications of calculator include finance and accounting industry, retail, educational and others. The primary functions of the calculators are addition, subtraction, multiplication, and division. The more transistors an integrated circuit has, the more advanced mathematical functions it can perform. Some of the players profiled in the study are Texas Instruments (United States), HP (United States), Casio (Japan), Canon (Japan), Sharp (Japan), Ativa (Canada), Sentry Industries Inc. (United States), Datexx (United States), Victor Technology (United States) and Maxi-Aids (United States).
On the basis of geography, the market of Scientific Calculator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Scientific Calculator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Personal Use will boost the Scientific Calculator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increase Demand for Scientific Calculator Due To Digitization
- High Adoption of Scientific Calculator in Educational Sector
Influencing Trend
- Rising Demand for Solar Scientific Calculator
- Growing Dependency in Engineering Science
Restraints
- Rising Usage of Mobile Phone
- Decrease Complexity of Solving Problem
Opportunities
- Rising Adoption due to Growth in Engineering Sector
Challenges
- Increasing Automation in the Various Instruments
On 28th November 2018, Casio India has launched GST calculator first time in world. Casio India is introducing two new modernizations MJ-120 GST and MJ-12 GST committed to the Indian market. This calculator is prepared to navigate the challenging environment and advance smooth functionality by easing the problems faced by Indian sellers post the starter of GST.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Target Audience:
Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association and Downstream Vendors
Major Objectives Focused through this Study
To define, describe, and forecast the Global Scientific Calculator market on the basis of product [Dry Cell Calculator, Lithium Cell Calculator and Solar Cell Calculator] , application [Education, Engineering Science and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Scientific Calculator market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Scientific Calculator industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Avalon, JOT and Reg.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Scientific Calculator market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.