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Market Highlights:The Voltage Calibrator market Device Is One Of The Important Components Used For Basic Measuring, Testing, And Regulation Techniques For Setting And Verifying Test Installations And Instrumentation. Due To Its Prominence, Voltage Calibrator Has Acquired An Important Position In All Electrical Setups, Experiencing Huge Demand.
Owing To The Extensive Demand From The Utility Sector, The Power Industry Accounts For The Key Contributor To The Growth Of The Voltage Calibrator Market. In The Power Sector, The Old Distribution Networks Are Continually Being Replaced Or Improved By A New Interface, Which Is Boosting The Demand For These Devices. Moreover, The Increasing Numbers Of Up-Gradation Activities Of Distribution Networks Escalate The Market On The Global Platform.
Acknowledging The Exponential Accruals, The Market Is Garnering Currently, Market Research Future (MRFR), In Its Recently Published Study Report Foretells That The Global Voltage Calibrator Market Is Expected To Accrue Exponentially By 2023, Registering A CAGR Of 6.49% During The Calculated Period (2018 – 2023).
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Additional Factors That Are Defining The Market Landscape For These Components Include The Growth In The Semiconductors Market And The Augmenting Demand Across The Electronics Manufacturing Industry Worldwide. Also, The Augmented Growth Of In The Industrial Machinery, And Infrastructure Drives The Growth Of The Market. The Advancements In Voltage Calibrators Are Also Some Of The Major Factors Driving The Growth Of The Market, Increasing The Uptake Of These Devices.
On The Other Hand, Factors Such As High Cost Of Voltage Calibrators Due To The Expensive Electrical Components Encompassed In These Devices Are Expected To Obstruct The Market Growth Over The Assessment Period. Nevertheless, Some Manufacturers That Are Investing Heavily To Reinforce The Betterments In The Voltage Calibrators Are Expected To Support The Market Growth Throughout The Review Period.
Major Players:
Key Players Leading Voltage Calibrator Market Include 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) Among Others.
Global Voltage Calibrator Market – Segmentation
The Analysis Is Segmented Into Five Key Dynamics For The Convenience Of Understanding.
By Type: Handheld And Bench Type.
By Component: Product And Services.
By End-User : Research And Field.
By Vertical: Telecommunication & IT, Semiconductor, Healthcare & Pharmaceutical, Government, Aerospace & Defense, And Utilities Among Others.
By Regions: North America, Europe, APAC, And Rest-Of-The-World (Row).
Global Voltage Calibrator Market – Regional Analysis
North America Accounts For The Dominating Region In The Global Voltage Calibrator Market. Factors Such As The Presence Of Major Manufacturing Companies Such As REED Instruments, Extech Instruments, And Valhalla Scientific Inc. Drive The Growth Of The Regional Market. North America Demonstrates A Higher Adoption Of Voltage Calibrators Due To Continuously Rising Electronic Manufacturing And Semiconductor Industry Across The Region, Which, In Turn, Drives The Regional Market.
The Voltage Calibrator Market In The US, Backed By The Presence Of Leading Vendors Having Strong Customer Base Occupies Nearly 80%-85% Share In The Regional Market.
The Voltage Calibrator Market In The Asia Pacific Region Is Emerging As A Promising Market Globally. Factors Such As The Augmented Market Penetration Of Energy-Efficient Devices Drive The Growth Of The Regional Market. China, India, And Japan Are Driving The Regional Market Owing To The Growing Electrical Implementation Activities. Furthermore, Economic Development And Rapid Industrialization Are Some Of The Key Driving Forces Behind The Growth Of The Market In The Region.
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Voltage Calibrator Market – Competitive Landscape
The Highly Competitive, Voltage Calibrator Market Appears To Be Fragmented. Innovation, Mergers & Strategic Partnership, And Brand Reinforcement Remain The Key Trends For Leading Players.
One Of The Major Concerns Of Manufacturers Is Managing Raw Material Expenses. To Avoid Getting Affected By Fluctuations In Price The Majority Of The Vendors Are Looking For Ways To Mitigate Risks Associated With Raw Materials Instability.
Industry/ Innovation /Related News:
February 20, 2019 --- Fluke Calibration (The US), A Leading Global Manufacturer And Distributor Of Electronic Test Tools And Software Launched Its New Electrical Tester Calibrator -5322A, A Multi-Device Calibrator. The 5322A Is Designed To Meet Compliance With Exacting International Standards Such As IEC/EN Standards, The UK’s BS7671 17th Edition, Australia & New Zealand’s AS/NZS 3000, And Chinese Verification/Calibration Regulations For Various Electrical Testers.
Available In Multiple Model Configurations, The 5322A Electrical Tester Calibrator Offers The Flexibility To Select The Features Best Suited To The User’s Requirement. The Base 5322A Model Offers 1.5 Kv High Resistance Sourcing, Whereas, The 5322A/5 Offers 5 Kv High Voltage Resistor Sourcing.
April 05, 2019 –-- AMETEK Sensors, Test And Calibration (The US), Manufactures And Sells Electronic Instruments And Electromechanical Devices Worldwide Introduced The Intrinsically Safe HPC50 Pressure Calibrator. The HPC50 Is Part Of The Company’s Crystal Line Of Pressure Products And Offers Features, Like Scaling, Percent Error And Flow Calculations, As Well As Internal And External Pressure Modules Into A Single Handheld Unit.
The HPC50 Series Is Designed To Meet Fully Temperature Parameters Compensated From -20 To 50°C And Deliver The Same Accuracy, Whether Measuring Pressure, Current, Voltage, Or Temperature.
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