The voltage and current calibrators act as the control devices for voltage and current values that is capable of obtaining desired output values out of electrical instruments with high accuracy. These calibrators are majorly used in industrial usage for test and measurement based purposes. Electrical, temperature based and lop based test & measurement are carried out through the use of voltage and current calibrators. High precision voltage and current calibrators for industrial test & measurement purposes would be the advancements in this market in the coming years.
The "Global Voltage and Current Calibrator Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the voltage and current calibrator market with detailed market segmentation by product type, end user, and geography. The report provides key statistics on the market status of the leading voltage and current calibrator market players and offers key trends and opportunities in the market.
- Based on product type, the global voltage and current calibrator market is segmented into current calibrator and voltage calibrator.
- On the basis of end user, the market is segmented into energy and power, semiconductor and electronics, IT and telecom, aerospace and defense, and others.
- Rising demand for smart as well as power-efficient devices by the consumers is expected to be one of the driving factors for the players in the voltage and current calibrator market.
- The rising industrial demand for calibrators is anticipated to create further opportunities for the players operating in the voltage and current calibrator market.
- High initial costs of voltage and current calibrators are one factor that would hinder the future growth of the voltage and current calibrator market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The voltage and current calibrator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the voltage and current calibrator market in these regions.
IMPACT OF COVID-19 ON VOLTAGE AND CURRENT CALIBRATOR MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the voltage and current calibrator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from voltage and current calibrator market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the voltage and current calibrator market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aoip Instrumentation
- FLIR Systems (Extech)
- Fluke Corporation
- Measurement Equipment Company (Clarke-Hess)
- PCE Instruments
- REED Instruments
- Rotek Instrument Corp.
- Time Electronics
- Valhalla Scientific
- Yokogawa Test and Measurement Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.