Handheld Resistance Meters

Handheld Resistance Meters Market Outlook

The global handheld resistance meters market is poised for significant growth, projected to reach approximately USD 1.2 billion by 2035, with an impressive CAGR of 7.5% during the forecast period from 2025 to 2035. This growth is driven by the increasing demand for advanced testing and measurement equipment across various industries, including electronics, automotive, and aerospace. Moreover, the rising focus on quality control and reliability testing in manufacturing processes is further propelling the adoption of handheld resistance meters. The trend towards automation and the integration of innovative technologies, such as wireless connectivity and digital displays, are also contributing factors to the market's expansion. As industries evolve and the need for precise electrical measurements grows, the handheld resistance meters market is expected to witness robust advancements and investment opportunities.

Growth Factor of the Market

The handheld resistance meters market is experiencing substantial growth due to several key factors. Firstly, the proliferation of electronic devices and the subsequent demand for accurate measurement tools in manufacturing and testing processes are significantly influencing market dynamics. The automotive industry's shift toward electric vehicles requires advanced testing equipment to ensure the reliability of electronic components, which directly boosts the demand for handheld resistance meters. Secondly, the growing emphasis on preventive maintenance in industrial settings has led to increased adoption of handheld meters for routine checks and diagnostics. Furthermore, technological advancements, including the development of smart meters with enhanced functionalities, have broadened their application scope and attracted a larger customer base. The rise of online retail channels has also enhanced accessibility, allowing users from various sectors to acquire these devices conveniently. Collectively, these factors are driving the growth trajectory of the handheld resistance meters market.

Key Highlights of the Market

• Projected growth to reach USD 1.2 billion by 2035, with a CAGR of 7.5%.
• Increased adoption in the automotive and electronics industries.
• Emergence of advanced technologies enhancing functionality and user experience.
• Growing emphasis on quality control and preventive maintenance.
• Expansion of distribution channels, particularly through online sales.

By Product Type

Digital Handheld Resistance Meters:

Digital handheld resistance meters are gaining popularity due to their precision and user-friendly interfaces. These meters utilize digital displays to provide accurate readings, making them suitable for various applications in electronics and automotive sectors. The integration of advanced technology allows for features such as data logging, which is essential for tracking resistance measurements over time. Additionally, many digital meters come equipped with automatic calibration capabilities, improving their reliability and reducing the chances of human error during measurements. As industries demand higher accuracy and efficiency, digital handheld resistance meters are becoming the preferred choice among professionals.

Analog Handheld Resistance Meters:

While digital meters dominate the market, analog handheld resistance meters still hold a significant position due to their simplicity and ease of use. These meters utilize a needle gauge to indicate resistance levels, appealing particularly to users who prefer straightforward devices without complex functionalities. They are often utilized in basic electrical applications and educational settings, where quick and basic resistance measurements are required. The low cost and reliability of analog meters make them an attractive option for budget-conscious consumers and smaller businesses. However, as technology continues to advance, the adoption of analog meters may gradually decline in favor of more sophisticated digital alternatives.

Wireless Handheld Resistance Meters:

Wireless handheld resistance meters represent a significant innovation in the measurement tools market. The wireless capabilities allow users to connect these meters to smartphones or computers, providing enhanced data management, analysis, and remote monitoring functionalities. This feature is particularly beneficial in applications that require mobility or involve hard-to-reach areas, as it eliminates the need for cumbersome cables. The growing trend of interconnected devices and the Internet of Things (IoT) is further accelerating the adoption of wireless resistance meters, as industries seek to integrate their measurement tools into larger automation systems for improved operational efficiency.

Portable Handheld Resistance Meters:

Portable handheld resistance meters are designed for convenience and mobility, making them ideal for on-site applications. Their compact and lightweight design allows technicians and engineers to carry them easily to various locations, facilitating quick and efficient measurements in the field. These meters are particularly valuable in construction and maintenance applications, where immediate testing is required to ensure safety and compliance with regulations. With advancements in battery technology, portable meters now offer longer operational lifespans, further enhancing their usability in remote locations. As industries increasingly recognize the importance of mobility in measurement tools, the demand for portable handheld resistance meters is expected to rise.

Benchtop Handheld Resistance Meters:

Benchtop handheld resistance meters, while less common, serve a specific niche within the market, primarily in laboratory or specialized testing environments. These devices offer a higher degree of precision and additional features not typically found in portable or handheld meters. They are ideal for conducting extensive testing and calibration processes, particularly in research and development settings. The robustness of benchtop meters makes them suitable for long-term use in environments where accuracy is critical. Although they may not be as portable as other types, their strategic placement in labs and manufacturing facilities ensures they play a vital role in comprehensive electrical testing.

By Application

Electronics:

The electronics sector is one of the primary applications driving the demand for handheld resistance meters. With the rapid development of electronic devices and components, accurate resistance measurement has become crucial in various stages of production, from quality control to troubleshooting. Handheld meters are extensively utilized in testing circuit boards, connectors, and other electronic components to ensure they meet required specifications. Additionally, the miniaturization of electronic devices necessitates the use of compact, high-precision testing tools, making handheld resistance meters indispensable for engineers and technicians in this field.

Automotive:

In the automotive industry, handheld resistance meters are employed for testing and diagnosing electrical systems and components. As vehicles become increasingly sophisticated, with more electronic parts integrated into their design, the need for accurate resistance measurements has grown significantly. These meters assist in assessing the performance of sensors, wiring, and circuit boards, contributing to vehicle safety and reliability. Technicians rely on handheld meters to perform routine checks and maintenance, aiming to prevent potential failures and ensure optimal performance. The ongoing transition towards electric and hybrid vehicles further amplifies the demand for precision measurement tools in this sector.

Aerospace & Defense:

The aerospace and defense sectors demand the highest levels of accuracy and reliability, making handheld resistance meters crucial for testing various electronic systems. These industries utilize handheld meters during the manufacturing and maintenance of aircraft and military equipment to ensure that all electrical components function correctly. The rigorous testing requirements in these fields necessitate the adoption of advanced measurement tools that can withstand harsh environments while delivering precise readings. Handheld resistance meters enable engineers and technicians to conduct thorough assessments, ensuring compliance with stringent safety and performance standards.

Industrial:

Handheld resistance meters play a vital role in industrial applications, where they are used for maintenance, quality control, and troubleshooting across various manufacturing processes. These devices assist in testing electrical insulation, ensuring that machinery and equipment operate safely and efficiently. Regular resistance measurements help identify potential issues before they escalate into significant failures, thereby reducing downtime and maintenance costs. The increasing automation in manufacturing processes further enhances the need for reliable handheld resistance meters, as industries strive to maintain high levels of operational efficiency and safety in their production lines.

Others:

In addition to the primary applications mentioned, handheld resistance meters find utility in various other sectors, including educational institutions and research laboratories. In academic settings, these meters are often used for teaching purposes, allowing students to gain practical experience with resistance measurements and electrical principles. Research facilities also utilize handheld resistance meters for experiments and testing, where precise measurements are critical. The versatility and adaptability of these devices enable them to cater to a wide array of applications beyond the conventional industrial sectors, bolstering their overall market presence.

By Distribution Channel

Online Stores:

The online retail segment is rapidly becoming a dominant distribution channel for handheld resistance meters. The convenience of online shopping, coupled with the wide variety of options available, appeals to both individual customers and businesses. Customers can easily compare different models, read reviews, and access detailed specifications, aiding in informed purchasing decisions. Online platforms also provide competitive pricing and promotional offers that further attract buyers. As more consumers turn to e-commerce for their equipment needs, the online distribution channel is set to experience substantial growth in the handheld resistance meters market.

Direct Sales:

Direct sales remain a critical distribution channel, particularly for businesses and industries that require personalized service and support. Manufacturers and suppliers often engage in direct sales to offer tailored solutions and consultations to customers, ensuring that they select the right handheld resistance meters for their specific applications. This channel allows for the establishment of long-term relationships between suppliers and customers, fostering trust and loyalty. Furthermore, direct sales facilitate immediate access to technical support and after-sales services, which are essential for users in industrial and specialized settings. This personalized approach continues to drive the importance of direct sales in the handheld resistance meters market.

Specialty Stores:

Specialty stores dedicated to electrical testing and measurement tools play a vital role in the distribution of handheld resistance meters. These stores cater to professionals and enthusiasts who seek expert advice and hands-on experience with products before purchasing. The knowledgeable staff can guide customers in selecting the appropriate device based on their specific needs, enhancing the overall customer experience. Additionally, specialty stores often host workshops and demonstrations, showcasing the latest technologies and features in handheld resistance meters. Their targeted focus on testing equipment helps to solidify their position as a key distribution channel in the market.

Others:

Other distribution channels for handheld resistance meters include wholesale distributors and industrial equipment suppliers. These channels cater to businesses that require bulk purchases or specialized equipment for extensive testing needs. Wholesalers often provide competitive pricing and flexible purchasing options, making them an appealing choice for larger companies. Additionally, industrial equipment suppliers offer a curated selection of testing tools tailored to specific industries, ensuring customers find the right products for their applications. The diversity in distribution channels contributes to the overall accessibility and availability of handheld resistance meters across various markets.

By Measurement Range

0-1 kOhm:

Handheld resistance meters with a measurement range of 0-1 kOhm are widely used in applications where low resistance values need to be measured accurately. These meters are particularly effective for testing electrical connections, solder joints, and short circuits in electronic devices. Their high precision in lower resistance ranges makes them essential tools for technicians and engineers working on circuit boards and other sensitive components. The ability to detect minute variations in resistance levels is critical in ensuring the reliability of electronic products, thereby driving the demand for meters within this measurement range.

1-10 kOhm:

Meters that measure resistance between 1-10 kOhm are commonly utilized in both electronics and automotive sectors. This range is suitable for assessing a wide variety of components, including resistors, capacitors, and inductors in circuits. Users benefit from the versatility offered by these meters, as they can perform various testing tasks across multiple applications with reliable accuracy. Additionally, the ability to test insulation resistance in wiring harnesses and connectors further enhances their value in automotive diagnostics, where maintaining optimal electrical performance is paramount.

10-100 kOhm:

Handheld resistance meters capable of measuring between 10-100 kOhm find their primary applications within industrial settings. This range is particularly useful for evaluating insulation resistance, which is critical for ensuring the safety and efficiency of electrical equipment and machinery. Technicians routinely use these meters to test the integrity of insulating materials, thus preventing potential electrical failures. The growing emphasis on preventive maintenance in industrial environments is expected to drive the demand for meters with this measurement range, as businesses prioritize reliability and safety in their operations.

100-1000 kOhm:

The 100-1000 kOhm measurement range is crucial for applications requiring high-precision resistance measurements, particularly in laboratory and research environments. Meters within this range are utilized for testing high-value resistors, semiconductor devices, and sensitive electronic components. The demand for accurate and reliable measurements in these applications drives the adoption of handheld resistance meters that provide readings within this range. Research institutions and quality control labs particularly benefit from these meters, as they enable detailed analysis and validation of electronic components and systems.

Above 1000 kOhm:

Handheld resistance meters capable of measuring resistance values above 1000 kOhm cater to specialized applications that require extremely high precision in resistance testing. These meters are often used in advanced research, high-voltage testing, and electrical insulation assessments in various industries. Their ability to deliver accurate readings for high-value resistances is crucial for ensuring the safety and functionality of electrical systems, particularly in aerospace, defense, and high-tech manufacturing sectors. The growing complexity of electronic systems and the need for stringent testing standards contribute to the demand for high-range handheld resistance meters, marking them as essential tools in specialized applications.

By Region

The North American handheld resistance meters market is a major contributor to the global landscape, driven by advanced manufacturing practices and a strong focus on technological innovation. The region is expected to account for approximately 35% of the total market share by 2035, primarily due to the increasing demand for high-precision testing tools in industries such as automotive, aerospace, and electronics. The presence of a robust industrial base and continuous technological advancements are key factors propelling the market's growth in this region. Furthermore, the trend towards automation and the integration of IoT devices into manufacturing processes are anticipated to further enhance the demand for handheld resistance meters in North America.

Europe is another significant market for handheld resistance meters, projected to capture around 30% of the global market share by 2035, with a CAGR of 6.8% during the forecast period. The increasing emphasis on quality control and safety standards in manufacturing processes across various industries, including electronics and automotive, is driving the demand for precise measurement tools. Additionally, the growth of the renewable energy sector in Europe, particularly in the context of electric vehicles and sustainable technology, is bolstering the need for handheld resistance meters. As industries in Europe continue to focus on innovation and quality, the handheld resistance meters market is expected to thrive.

Opportunities

The handheld resistance meters market presents several opportunities for growth, particularly in the realm of technological advancements. The integration of smart features, such as wireless connectivity and mobile applications, is transforming how these tools are used and monitored. Manufacturers have the potential to innovate by developing handheld meters that can connect to cloud-based systems, allowing users to store and analyze data efficiently. This development not only enhances the functionality of handheld resistance meters but also opens up avenues for creating integrated testing solutions that can streamline workflows in various industries. As users seek more versatile and advanced tools, companies that can offer these innovative solutions are likely to capture a larger market share, thus driving overall growth.

Furthermore, the expansion of the industrial sector across developing regions presents significant opportunities for the handheld resistance meters market. As manufacturing activities increase in countries such as India, Brazil, and Vietnam, the demand for quality testing equipment is expected to rise. Companies can leverage this growth by establishing a presence in these emerging markets and offering tailored solutions to meet local needs. The growing awareness of the importance of preventive maintenance and quality assurance in manufacturing processes will further fuel the demand for handheld resistance meters in these regions. By strategically positioning themselves in developing markets, manufacturers can tap into new customer bases and increase their sales potential substantially.

Threats

Despite the promising outlook, the handheld resistance meters market faces several threats that could impede growth. One of the primary challenges is the intense competition among manufacturers, which often leads to price wars and reduced profit margins. With a plethora of options available in the market, consumers may opt for cheaper alternatives, impacting the sales of high-quality devices. Additionally, the rapid pace of technological change means that companies must continuously innovate to stay relevant. Failure to keep up with emerging technologies and evolving customer preferences can result in businesses losing market share to more agile competitors. Companies need to invest in research and development to address these challenges effectively and maintain a competitive edge in the market.

Moreover, the availability of substitutes poses a potential threat to the handheld resistance meters market. With the advent of multifunctional devices that combine various testing capabilities, consumers may favor these alternatives over dedicated handheld resistance meters. As users increasingly seek versatile tools that can perform multiple measurements, the demand for standalone meters may decline. Manufacturers must adapt to this trend by enhancing the features and functionalities of handheld resistance meters to remain attractive to consumers. Addressing these threats is crucial for sustaining growth and ensuring the long-term viability of companies operating within the handheld resistance meters market.

Competitor Outlook

• Fluke Corporation
• Klein Tools, Inc.
• Extech Instruments
• Amprobe Test Tools
• Hioki E.E. Corporation
• Keysight Technologies
• Greenlee Textron Inc.
• Tektronix, Inc.
• Ideally Technologies
• B&K Precision Corporation
• AstroAI
• Yokogawa Electric Corporation
• AEMC Instruments
• Megger Limited
• Chauvin Arnoux SA

The competitive landscape of the handheld resistance meters market is characterized by the presence of numerous established players and innovative newcomers. Major companies, such as Fluke Corporation and Klein Tools, dominate the market with their extensive product portfolios and strong brand recognition. Fluke, known for its high-quality testing equipment, offers a wide range of handheld resistance meters that cater to varying applications and industries. Their commitment to innovation and quality has solidified their position as a market leader. Klein Tools, on the other hand, focuses on providing reliable and durable measurement tools, attracting a loyal customer base among professionals in the electrical and HVAC sectors.

Companies like Extech Instruments and Amprobe Test Tools are also noteworthy competitors in the handheld resistance meters market. Extech specializes in portable test instruments and is renowned for its reliability and performance in various testing applications. Amprobe, with its extensive line of electrical testing tools, has carved a niche within the market, focusing on providing user-friendly and efficient solutions for technicians. These companies continuously seek to enhance their product offerings by integrating advanced technologies and addressing the evolving needs of their customers, thus maintaining competitive advantages in a rapidly changing market.

Emerging players, such as AstroAI and AEMC Instruments, are also making their mark in the market by offering innovative and cost-effective solutions designed to meet the demands of modern users. AstroAI focuses on providing affordable testing equipment without compromising on quality, making their products accessible to a broader range of consumers. AEMC Instruments specializes in advanced measurement tools and is recognized for its commitment to research and development. As these companies continue to innovate and expand their product lines, they contribute to the competitive dynamics of the handheld resistance meters market, driving overall growth and diversification.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 AstroAI
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Megger Limited
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Tektronix, Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 AEMC Instruments
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Chauvin Arnoux SA
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Fluke Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Klein Tools, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Amprobe Test Tools
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Extech Instruments
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Ideally Technologies
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Greenlee Textron Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Keysight Technologies
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Hioki E.E. Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 B&K Precision Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Yokogawa Electric Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Handheld Resistance Meters Market, By Application
    • 6.1.1 Electronics
    • 6.1.2 Automotive
    • 6.1.3 Aerospace & Defense
    • 6.1.4 Industrial
    • 6.1.5 Others
  • 6.2 Handheld Resistance Meters Market, By Product Type
    • 6.2.1 Digital Handheld Resistance Meters
    • 6.2.2 Analog Handheld Resistance Meters
    • 6.2.3 Wireless Handheld Resistance Meters
    • 6.2.4 Portable Handheld Resistance Meters
    • 6.2.5 Benchtop Handheld Resistance Meters
  • 6.3 Handheld Resistance Meters Market, By Measurement Range
    • 6.3.1 0-1 kOhm
    • 6.3.2 1-10 kOhm
    • 6.3.3 10-100 kOhm
    • 6.3.4 100-1000 kOhm
    • 6.3.5 Above 1000 kOhm
  • 6.4 Handheld Resistance Meters Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Direct Sales
    • 6.4.3 Specialty Stores
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Handheld Resistance Meters Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Handheld Resistance Meters market is categorized based on

By Product Type

• Digital Handheld Resistance Meters
• Analog Handheld Resistance Meters
• Wireless Handheld Resistance Meters
• Portable Handheld Resistance Meters
• Benchtop Handheld Resistance Meters

By Application

• Electronics
• Automotive
• Aerospace & Defense
• Industrial
• Others

By Distribution Channel

• Online Stores
• Direct Sales
• Specialty Stores
• Others

By Measurement Range

• 0-1 kOhm
• 1-10 kOhm
• 10-100 kOhm
• 100-1000 kOhm
• Above 1000 kOhm

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Fluke Corporation
• Klein Tools, Inc.
• Extech Instruments
• Amprobe Test Tools
• Hioki E.E. Corporation
• Keysight Technologies
• Greenlee Textron Inc.
• Tektronix, Inc.
• Ideally Technologies
• B&K Precision Corporation
• AstroAI
• Yokogawa Electric Corporation
• AEMC Instruments
• Megger Limited
• Chauvin Arnoux SA