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Global voltage tester market is expected to witness a significant CAGR in the forecast period, 2022-2026. Voltage testers can determine the presence of electric charge when placed near the supply of voltage. Due to the electric flux interference, the displacement current is formed in the device which indicates the presence of voltage in the voltage tester equipment. Rapid industrialization across the globe owing to the rising population and invention of new technologies is boosting the demand for voltage testers around the globe. The high demand from the industrial sector followed by the residential sector is driving the growth of the global voltage tester market. A voltage tester is used for monitoring the battery voltage, microprocessor test, brown-out protection, among others, and thereby is influencing the voltage tester market growth. Stringent government policies and schemes encouraging the adoption of measures for the safety of workers at the workplace are influencing the global voltage tester market growth. The rising preference of industries to ensure regular maintenance and replacement of the faulty parts to provide a safe environment to workers is contributing significantly to fuel the global voltage tester market’s growth for the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
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Global voltage tester market can be segmented into product type, operation, frequency, application, regional distribution, and company. Based on the regional analysis, the Asia-pacific region is expected to dominate the global voltage tester market in the forecast period, 2022-2026. The rising population and the growing per capita income of consumers is enabling them to afford home appliances which in turn is accelerating the global voltage tester market growth. Market players are launching new products with innovative features and high-quality standards, thereby creating the need for voltage testers to test the faults in the system.
The major players operating in the global voltage tester market are Toshiba Corporation, Klein Tools Inc., Analog Devices Inc., STMicroelectronics, Milwaukee Electric Tool Corporation, Dawson Tools Inc., Seiko Instruments, Texas Instruments Inc., HD Electric, Sibille Fameca Electric, and Panduit Corporation, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze the historical growth in the market size of global voltage tester market from 2016 to 2020.
- To estimate and forecast the market size of global voltage tester market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast global voltage tester market based on product type, operation, frequency, application, regional distribution, and company.
- To identify dominant region or segment in the global voltage tester market.
- To identify drivers and challenges for global voltage tester market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global voltage tester market.
- To identify and analyze the profile of leading players operating in the global voltage tester market.
- To identify key sustainable strategies adopted by market players in global voltage tester market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers who could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of global voltage tester market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Voltage tester manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to voltage tester market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global voltage tester market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Voltage Tester Market, By Product Type
- Contact Voltage Tester
- Non-Contact Voltage Tester
Global Voltage Tester Market, By Operation
- Handheld
- Portable
- Fixed
Global Voltage Tester Market, By Frequency
- High-frequency tester
- High-frequency AC tester
- High-frequency DC tester
- Low-frequency tester
- Low-frequency AC tester
- Low-frequency DC tester
Global Voltage Tester Market, By Application
- Industrial
- Commercial
- Residential
Global Voltage Tester Market, By Region
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Norway
- Denmark
- Poland
- South America
- Brazil
- Argentina
- Colombia
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Iraq
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global voltage tester market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
This product will be delivered within 1-3 business days.
Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Voltage Tester Market4. Executive Summary5. Voice of Customer13. Market Trends & Developments15. Strategic Recommendations16. About the Publisher & Disclaimer
6. Global Voltage Tester Market Outlook
7. North America Voltage Tester Market Outlook
8. Asia-Pacific Voltage Tester Market Outlook
9. Europe Voltage Tester Market Outlook
10. South America Voltage Tester Market Outlook
11. Middle East & Africa Voltage Tester Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned
- Toshiba Corporation
- Klein Tools Inc.
- Analog Devices Inc.
- STMicroelectronics
- Milwaukee Electric Tool Corporation
- Dawson Tools Inc.
- Seiko Instruments
- Texas Instruments Inc.
- HD Electric (Emerson)
- Sibille Fameca Electric
- Panduit Corporation