Global Industrial Insulation Testers Market 2018-2022
- Published: Jun 2018
- Pages: 80
- SKU: IRTNTR23146
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Technavio’s market research analysts have predicted that the industrial insulation testers market will witness considerable growth during the period 2018-2022. Considering the demand for these testers from the process and discrete industries, our analysts have estimated that this market will be worth more than USD 381 million by 2022.
Global Industrial Insulation Testers Industry Overview
Focus on preventive maintenance in industries is the primary driving factor which will impact the growth in the market. Preventive maintenance involves in checking various parameters of equipment to prevent any faults that may arise in industrial equipment. It helps in preventing unscheduled outages at workstations and help in smooth operation of key industrial components such as motors, transformers, and cables. Insulation resistance testers are one of the major tools used for the inspection of key machinery and equipment. Hence, the focus on preventive maintenance at workplaces is the major driving force for the growth of industrial insulation testers in the market.
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Companies covered
The industrial insulation testers market is fragmented since the market has a number of companies who offer various products such as high voltage testers, megohmmeters, safety testers, earth ground testers, insulation testers, clamp meters, and power analyzers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this industrial insulation testers industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including:
- Chauvin Arnoux
- Eaton
- Fortive
- HIOKI
- Megger
- Yokogawa Electric
Industrial insulation testers market growth based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC will contribute to the maximum growth of this insulation resistance testers market throughout the predicted period.
Industrial insulation testers market growth based on end-user
- Process industry
- Discrete industry
According to our market research experts, the process industry segment accounted for the highest market share in the market. In addition, the process industry will have higher CAGR when compared with the discrete industry segment of the market. The report provides an accurate prediction of the contribution of the various end-user segments to the growth of the industrial insulation testers market size.
Key highlights of the global industrial insulation 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 insulation testers market during the next five years
- Precise estimation of the global industrial insulation testers market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the industrial insulation testers industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of insulation resistance testers companies
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global industrial insulation testers market and its stakeholders over the forecast years.
Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the industrial insulation testers market over the coming years are the industrial installation testers and the industrial automation services market.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
- Market outline
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT TYPE
- Segmentation by voltage
- Comparison by voltage
- Low voltage industrial insulation tester
- High voltage industrial insulation testers
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Process Industry – Market size and forecast 2017-2022
- Discrete Industry – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 11: 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 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 14: MARKET TRENDS
- Increase in adoption of lithium-ion batteries for insulation testers
- Specialized insulation resistance testers for solar installations
- Insulation testers with variable test voltage adjustment
PART 15: VENDOR LANDSCAPE VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Vendor Landscape
PART 16: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Chauvin Arnoux
- Eaton
- Fortive
- HIOKI
- Megger
- Yokogawa Electric
PART 17: 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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