Market Synopsis
The data analysts at Market Research Future Reports (MRFR) have revealed that the global voltage calibrator market is estimated to expand at a CAGR of 6.49% during the review period. The growing adoption of voltage calibrator devices in the utility sector is the most significant factor leading to the expansion of the global voltage calibrator market 2020. The utility sector consumes the highest amount of voltage calibrators because of the need to maintain a balanced voltage across the power generation and distribution architecture. Moreover, the power industry poses as the largest demander for the voltage calibrator equipment. In addition, the rising demand for the improvement of power distribution infrastructure in advanced countries is estimated to make substantial participation in expanding the global voltage calibrators market during the review period. Furthermore, the increasing semiconductors sector is estimated to be a significant factor driving the global voltage calibrators market during the review period.
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Regional Analysis
An in-depth analysis of the global Voltage Calibrator Market Share can be segmented into North America, Asia-Pacific, Europe, and the Rest of the World (RoW). The research reveals that the market is estimated to gain momentum during the forecast period. As per the study, the global market is estimated to dominate by North America. Among all nations, the US is estimated to lead the region. The most significant factor driving the regional market is the growing electronics manufacturing in the US, along with the magnifying demand for grid refurbishment. In addition, the US and Canada are predicted to be the most important factors for the voltage calibrators market in the region. On the other hand, the APAC region is estimated to exhibit the maximum growth rate during the review period. The enlarging demand for electricity grid extension projects in the underdeveloped nations in the region is estimated to be an important factor leading to the growth of the calibrator market during the review period.
However, market dynamics are likely to change significantly during the review period. Several regions have been affected substantially due to the spread of COVID-19. We will provide the aftermath COVID-19 report on the impact analysis of the market.
Key Players
The distinguished players of the global market are Extech Instruments (US), Time Electronics Ltd. (UK), PCE Holding GmbH (Germany), AOIP (France), REED Instruments (US), Yokogawa Test & Measurement Corporation (Japan), Calibrators Inc. (US), Valhalla Scientific Inc. (US), Practical Instrument Electronics, Inc.(US), Fluke Corporation (US), Nagman (India), General Electric Company (US), Powerpoint Engineering Ltd (Ireland), Schweitzer Engineering Laboratories, Inc. (US), and ENGIE LABORELEC (Belgium).
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The Voltage Calibrator Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global voltage calibrator market are AOIP, Calibrators Inc., East Hills Instruments, FLIR Systems , Fluke, Nagman, Omega, PCE Holding, Practical Instrument Electronics, Time Electronics, and Yokogawa Test & Measurement.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Voltage Calibrator Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/voltage-calibrator-market/download-sampleMarket DynamicsThe increasing adoption of voltage calibrators in power industry owing to their use in semiconductors for measuring and testing is driving the market growth.
Moreover, increasing research and developments regarding voltage calibrator is further fueling the market value.
Whereas, growing demand from other end-use industries such as automotive, aerospace and defense, and others owing to its reliability and product quality is further expected to boost market demand over the forecast period.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
Voltage Calibrator MarketThe global voltage calibrator market is expected to grow at a CAGR of 6.49% over the forecast period from 2018 to 2023, according to the latest research report published by Market Research Future (MRFR).
The MRFR report provides a comprehensive overview of the global voltage calibrators market, including a detailed analysis of the market’s leading drivers and restraints, key players, and leading segments.Voltage calibrators are used in measuring and testing applications for new wiring and electrical systems.
The growing demand from the utilities sector is likely to be a major driver for the global voltage calibrator market over the forecast period.
The utilities sector has the highest consumption of voltage calibrators due to the need to maintain the proper voltage across the power generation and distribution architecture.
The growing demand for the renovation of power distribution infrastructure in developed countries is also likely to be a major driver for the global voltage calibrators market over the forecast period.The growing semiconductors industry is also likely to be a key driver for the global voltage calibrators market over the forecast period.
The semiconductors industry uses voltage calibrators on a large scale in the production of chips and other products where tolerances can be low and voltage regulation may play a key part in ensuring product longevity.Competitive Analysis:Leading players in the global voltage calibrators market include Engie Laborelec, Powerpoint Engineering Ltd., Schweitzer Engineering Laboratories Inc., General Electric Company, Fluke Corporation, Nagman, Practical Instrument Electronics Inc., Calibrators Inc., Valhalla Scientific Inc., Yokogawa Test & Measurement Corporation, AOIP, REED Instruments, PCE Holding GmbH, Extech Instruments, and Time Electronics Ltd.
Market HighlightsAmong the verticals telecommunication and IT, healthcare and pharmaceutical, aerospace and defense, and others; the utilities as well as the semiconductor vertical is expected to have larger market shares.
These verticals are expected to expand at highest CAGR during the forecast period as the demand for voltage calibrator devices is highest in these verticals.Key PlayersThe key players in the voltage calibrator market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
Some of them are— Time Electronics Ltd. (UK), Extech Instruments (US), PCE Holding GmbH (Germany), REED Instruments (US), AOIP (France), Yokogawa Test & Measurement Corporation (Japan), Valhalla Scientific Inc. (US), Calibrators Inc. (US), Practical Instrument Electronics, Inc.(US), Nagman (India), Fluke Corporation (US), General Electric Company (US), Schweitzer Engineering Laboratories, Inc. (US), Powerpoint Engineering Ltd (Ireland), and ENGIE LABORELEC (Belgium).Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7379Regional AnalysisThe global voltage calibrator market is expected to grow at a CAGR of 6.49% during the forecast period.
The geographical analysis of voltage calibrator market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).North America holds the largest market share and is expected to continue this dominance during the forecast period.
North America has highly developed Semiconductor sector and Utility sector in countries like the US and Canada, which boosts adoption of voltage calibrator device.
Many manufacturers are based in the US.
Voltage Calibrator Market ReportThe global voltage calibrator market is expected to grow at a CAGR of 6.49% over the forecast period from 2018 to 2023, according to the latest research report published by Market Research Future (MRFR).
The MRFR report provides a comprehensive overview of the global voltage calibrators market, including a detailed analysis of the market’s leading drivers and restraints, key players, and leading segments.Voltage calibrators are used in measuring and testing applications for new wiring and electrical systems.
The growing demand from the utilities sector is likely to be a major driver for the global voltage calibrator market over the forecast period.
The utilities sector has the highest consumption of voltage calibrators due to the need to maintain the proper voltage across the power generation and distribution architecture.
The growing demand for the renovation of power distribution infrastructure in developed countries is also likely to be a major driver for the global voltage calibrators market over the forecast period.The growing semiconductors industry is also likely to be a key driver for the global voltage calibrators market over the forecast period.
The semiconductors industry uses voltage calibrators on a large scale in the production of chips and other products where tolerances can be low and voltage regulation may play a key part in ensuring product longevity.Competitive Analysis:Leading players in the global voltage calibrators market include Engie Laborelec, Powerpoint Engineering Ltd., Schweitzer Engineering Laboratories Inc., General Electric Company, Fluke Corporation, Nagman, Practical Instrument Electronics Inc., Calibrators Inc., Valhalla Scientific Inc., Yokogawa Test & Measurement Corporation, AOIP, REED Instruments, PCE Holding GmbH, Extech Instruments, and Time Electronics Ltd.
