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The Global Voltage Calibrator Market Is Expected To Reach USD 271.27 Million By 2026. The Market Is Expected To Grow At A CAGR Of 5.28% During The Forecast Period 2018 To 2026.
Voltage Calibrator Market Overview:
A voltage calibrator is an electronic device used to accurately measure and adjust the voltage of an electronic circuit or device. Voltage calibrators are often used in laboratory settings to ensure that equipment is functioning properly and within its desired parameters. They can also be used in industrial settings to ensure that machines generate the correct voltage. The market growth is attributed to the increasing demand for voltage calibrators in various applications. The key factors driving the growth of the market are the growing demand for electronic devices and systems and increasing need for accurate voltage calibration.
Voltage Calibrator market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Voltage Calibrator market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Market Segments Covered in Voltage Calibrator Industry Research:
Market Key Players:
FLIR Systems (Extech Instruments), Calibrators Inc, AOIP, Time Electronics, Omega, Fluke, Nagman, Yokogawa Test & Measurement, PCE Holding, Practical Instrument Electronics, East Hills Instruments, And Others.
By Type:
By Application:
By Region:
North America dominated the global market in terms of revenue share in 2019. The region is expected to continue to dominate over the forecast period owing to high demand for products from end-use industries such as aerospace & defense, semiconductor, healthcare, IT & telecom, and automotive. Furthermore, rising adoption of electric vehicles is also expected to drive regional growth over the forecast period. Latin America is expected to grow at a faster rate than other regions during the forecast period. This is due to increasing demand from end-use industries such as automotive and semiconductors in the region. Europe is expected to witness moderate growth over the forecast period owing to high penetration of electric vehicles and growing demand for products in the IT & telecom and automotive industries. Asia Pacific is expected to grow faster than other regions owing to increasing adoption of electric vehicles and increasing investment in renewable energy projects. The Middle East & Africa region is expected to witness a high growth rate owing to companies increasing their investments in infrastructure development.
Significant Market Dynamics:
Growth Factors:
Voltage Calibrator Market report scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 5.28% from 2022 to 2030. |
By Type |
Bench Type, Handheld, |
By Application |
Aerospace & Defense, Semiconductor, Healthcare, IT & Telecommunication, Automotive, Others |
By Companies |
FLIR Systems (Extech Instruments), Calibrators Inc, AOIP, Time Electronics, Omega, Fluke, Nagman, Yokogawa Test & Measurement, PCE Holding, Practical Instrument Electronics, East Hills Instruments |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Key Takeaways from this Voltage Calibrator Report
Frequently Asked Questions-
What is the CAGR of Voltage Calibrator market?
The Voltage Calibrator Market is growing at a CAGR of 5.28% During Forecast Period.
What are the key types of Voltage Calibrator market?
Bench Type, Handheld,
What are the key applications of Voltage Calibrator market?
Aerospace & Defense, Semiconductor, Healthcare, IT & Telecommunication, Automotive, Others
Who are the key players in Voltage Calibrator market?
FLIR Systems (Extech Instruments), Calibrators Inc, AOIP, Time Electronics, Omega, Fluke, Nagman, Yokogawa Test & Measurement, PCE Holding, Practical Instrument Electronics, East Hills Instruments, And others.