Global Industrial Installation Testers Market 2018-2022
- Published: Apr 2018
- Pages: 80
- SKU: IRTNTR22691
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The industrial installation testers market size will grow by USD 55.13 million during 2018-2022. This report offers an analysis of the market based on end-user (discrete industries and process industries) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Chauvin Arnoux Metrix, Fortive, Martindale Electric, Megger, Metrel, and Seaward Electronic.
Below are some of the key findings from the industrial installation testers market research report
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Global industrial installation testers industry overview
One of the critical drivers for the industrial installation testers market is the growing compatibility of installation testers with portable devices for efficient data transfer. Installation testers generally have a memory capacity of 1,000 measurement results. The transfer of information from testers to other devices is a difficult task. Due to technological advances and the need for the faster transfer of data, manufacturers of testing devices have started developing applications to make devices compatible with smartphones and other devices. These applications facilitate faster information transfer.
Additionally, the measurement results can be accessed anywhere because they are saved within the application. Such applications improve work efficiency and are expected to improve the growth of the market. The industrial installation testers market is projected to grow at a CAGR of over 4% during the forecast period.
Miniaturization of testing devices is identified as one of the key market trends that will gain traction in the coming years. Miniaturization refers to the production of smaller device components and products. This technology aids in improving the usability of devices and reducing the storage space required by them. Industrial users are demanding devices which are small and do not compromise on performance. Installation testers are large when compared with other testing devices such as insulation testers, cable meters, and voltage testers. Manufacturers are trying to reduce the size of installation testers using miniaturization technology. They are investing in R&D activities that could be a driver for the market growth in the future.
Top industrial installation testers companies covered in this market research report
The industrial installation testers market is moderately fragmented with multiple players occupying the market share. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this industrial installation testers industry analysis report is designed to aid clients identify new growth opportunities and make informed business decisions.
The report offers a complete analysis of various companies including:
- Chauvin Arnoux Metrix
- Fortive
- Martindale Electric
- Megger
- Metrel
- Seaward Electronic
Industrial installation testers market segmentation based on geographic regions
- Americas
- APAC
- EMEA
The APAC region contributed the highest industrial installation testers market share during 2017. The electrical installation testers market is expected to witness growth in this region during the estimated period due to the presence of various countries that are major hubs for discrete industries such as the automotive, semiconductor, and electronics industry.
Industrial installation testers market segmentation based on products
- Low-voltage industrial installation testers
- Medium-voltage industrial installation testers
The low-voltage industrial installation testers segment will account for the highest growth in the market. The rising adoption of these testers in discrete industries including the electronics and semiconductor industry will drive the growth prospects for the electrical installation testers market in the forthcoming years. Additionally, the report will also provide an accurate prediction of the contribution of the various product segments to the growth of the industrial installation testers market size.
Key highlights of the global industrial installation testers market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the industrial installation testers market during the next five years
- Precise estimation of the global industrial installation testers market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the industrial installation testers industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the industrial installation testers companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT FEATURE
- Segmentation by product feature
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Discrete industries – Market size and forecast 2017-2022
- Process industries – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Miniaturization of testing devices
- Use of e-commerce portals
- Preference for condition monitoring solutions among industries
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Chauvin Arnoux Metrix
- Fortive
- Martindale Electric
- Megger
- Metrel
- Seaward Electronic
PART 16: APPENDIX
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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