What is High Voltage Measuring Equipments Market?
High Voltage Measuring Equipment is used to measure the equipment with high voltage. In recent times, many industries are moving towards automation and using machinery for various applications to speed up the process and improve productivity. Due to this, it is essential to measure the voltage and current accurately, ensuring perfect safety to the personnel and equipment. The measuring devices are small, rugged, and virtually unaffected by the environmental conditions that allow high precision measurement in a short period of time.
The market study is being classified by Type (Voltmeters, High Voltage Divider, High Voltage Probe, Sphere Gaps and Others), by Application (High Voltage, Extra-High Voltage and Ultra-High Voltage) and major geographies with country level break-up.
ABB Ltd. (Switzerland), General Electric (United States), Siemens (Germany), Schneider Electric (France), BHEL (India), Ross Engineering (United States), Koncar Group (Croatia), CG Power and Industrial Solutions (India), Shanghai Electric Group (China) and HK Calibration (Australia) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Analyst at AMA have segmented the market study of Global High Voltage Measuring Equipments market by Type, Application and Region.
On the basis of geography, the market of High Voltage Measuring Equipments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Measurement and Testing of High Voltage Equipment to Reduce Electrical Failures and Downtime
- Growing Adoption of Digital Voltmeters for High Voltage Measurement
- Measuring Equipment with High Voltage and Current is Expensive, Which Can Restraint the Market
- Growing Industrialization and Increasing Demand of High-Voltage Power Supply in Industries
- Measurement Can Be Affected by Atmospheric Conditions or Vicinity of Earthed Objects
Market Leaders and some development strategies
In November 2018, California, US-based high voltage test and measurement provider Vitrek acquired XiTRON Technologies to expand its power analyzer portfolio. Vitrek provides innovative solutions for high voltage tests and measurements including electrical safety compliance testers, multi-point high-voltage switching systems, and graphical power analyzers. The acquisition of XiTRON will complement Vitrek's offerings, as well as programmable DC electronic loads, power quality analyzers, portable calibration equipment, digital milliohmmeters and phase angle voltmeters.
Key Target AudienceRaw Material Suppliers, New Entrants/Investors, Analysts and Strategic Business Planners, High Voltage Measuring Equipment Manufacturers, Suppliers and Distributors of High Voltage Measuring Equipment, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the High Voltage Measuring Equipments Market?
"Increasing Demand for Measurement and Testing of High Voltage Equipment to Reduce Electrical Failures and Downtime" is seen as one of major growth factors of High Voltage Measuring Equipments Market in years to come.
2. Can we have customized study for High Voltage Measuring Equipments Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global High Voltage Measuring Equipments Market?
will lead High Voltage Measuring Equipments Market in coming years.