Voltage Calibrator Market Research Report Information, — By Type (Handheld, Bench type), Component (Product, Services), End User (Research, Field), Vertical (Telecommunication & IT, Semiconductor, Government & Defense) — Global Forecast till 2023
The global voltage calibrator market is expected to grow at a CAGR of 6.49% during the forecast period
Among 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.
The 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).
The 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. These include companies such as REED Instruments, Extech Instruments, Valhalla Scientific Inc., and Schweitzer Engineering Laboratories, Inc., and others. Further to this, APAC closely following North America in terms of revenue generation considering many manufacturers are based in this area. Also, voltage calibrators are used in the semiconductor industry, which is growing at a very high pace in APAC. Hence, APAC has the second largest market size.
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