Market Overview:
The global glow wire tester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for glow wire testers from the electronic and electrical industry, and rising awareness about safety standards in household appliances. North America is expected to lead the market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A glow wire tester is a tool used to test the integrity of electrical wiring by checking for breaks in the insulation. The importance of a glow wire tester is that it can help identify potentially dangerous wiring faults before they become an issue.
Desktop:
Desktop is the computer system or workstation which is used to input data into a tester and obtain results. It can be standalone or connected to other devices such as printers, scanners, network cards etc. The desktop market has been growing at a steady pace over the past few years and it’s expected that it will show similar growth trend in near future as well owing to increasing demand for electronic gadgets with enhanced features.
Floor-standing:
Floor-standing or free-standing glow wire testers are devices used to measure the resistance of electric wires. It is a non-invasive test that allows the tester to determine whether an electric current is flowing through the insulation of an insulated wire or not. The device works by emitting a low level alternating current which flows along the insulated surface of a wire and returns into its detector, which indicates if there's an electrical connection between two points.
Application Insights:
Electronic and electrical application segment led the global glow wire testers market in 2017. This is attributed to growing demand for high-quality electronic components from various end-use industries, such as consumer electronics, telecommunication and IT, healthcare and medical equipment. The household appliances segment is expected to witness a CAGR of XX% during the forecast period owing to rising product demand in refrigerators, washing machines and tumble dryers among others.
The fire fighting application segment was valued at USD 21.0 million in 2017 owing to increasing product adoption by municipal corporations across the globe for testing continuity of power supply after a power failure or any other emergency situation requiring immediate check of all lights or indicators functioning normally before taking any preventive measures.
Regional Analysis:
North America was the leading regional market in 2017 and is anticipated to witness considerable growth over the forecast period. The region’s growth can be attributed to increasing demand for testing instruments used for monitoring and maintaining critical infrastructure. Rise in need for testing products that can withstand high-humidity, extreme temperatures, and are portable while performing tests on electrical wires is expected to drive the North American market further.
The Asia Pacific region accounted for a revenue share of more than 25% in 2017 owing to rapid industrialization along with growing awareness among consumers regarding product benefits such as portability, low cost, ease of use has resulted in increased sales volume of glow wire testers across this region. Countries such as China have been witnessing strong economic growth due to which many foreign manufacturers have entered into distribution agreements with local vendors resulting into increased availability of these products at cheaper rates across this region.
Growth Factors:
- Increasing demand for Glow Wire Tester in automotive and aerospace industry for quality inspection
- Rising demand from electrical and electronics industry for testing of high-voltage cables, wires, and other components
- Growing popularity of Glow Wire Tester in research institutes and universities for safety testing of various materials
- Increasing adoption of Glow Wire Tester in medical device manufacturing sector to ensure product safety
- Technological advancements that are making the Glow Wire Testers more compact, portable, accurate and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Glow Wire Tester Market Research Report
By Type
Desktop, Floor-standing
By Application
Electronic And Electrical, Household Appliances, Fire Fighting
By Companies
kA Testing Facility Limited, Sataton, Concept Equipment Limited, Attrezzature Tecniche Speciali, IEC Test Equipment, Testex, SCR Elektroniks, Wewon Environmental Chambers Co Ltd, Asian Test Equipments, SeguridadEléctrica
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Glow Wire Tester Market Report Segments:
The global Glow Wire Tester market is segmented on the basis of:
Types
Desktop, Floor-standing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic And Electrical, Household Appliances, Fire Fighting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- kA Testing Facility Limited
- Sataton
- Concept Equipment Limited
- Attrezzature Tecniche Speciali
- IEC Test Equipment
- Testex
- SCR Elektroniks
- Wewon Environmental Chambers Co Ltd
- Asian Test Equipments
- SeguridadEléctrica
Highlights of The Glow Wire Tester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desktop
- Floor-standing
- By Application:
- Electronic And Electrical
- Household Appliances
- Fire Fighting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glow Wire Tester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A glow wire tester is a device used to test the glow wire of a LED light. It emits short pulses of light and measures how long it takes for the light to fade.
Some of the major companies in the glow wire tester market are kA Testing Facility Limited, Sataton, Concept Equipment Limited, Attrezzature Tecniche Speciali, IEC Test Equipment, Testex, SCR Elektroniks, Wewon Environmental Chambers Co Ltd, Asian Test Equipments, SeguridadEl©ctrica.
The glow wire tester market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glow Wire Tester Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Glow Wire Tester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glow Wire Tester Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Glow Wire Tester Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Glow Wire Tester Market Size & Forecast, 2018-2028
4.5.1 Glow Wire Tester Market Size and Y-o-Y Growth
4.5.2 Glow Wire Tester Market Absolute $ Opportunity
Chapter 5 Global Glow Wire Tester Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Glow Wire Tester Market Size Forecast by Type
5.2.1 Desktop
5.2.2 Floor-standing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glow Wire Tester Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Glow Wire Tester Market Size Forecast by Applications
6.2.1 Electronic And Electrical
6.2.2 Household Appliances
6.2.3 Fire Fighting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glow Wire Tester Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glow Wire Tester Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Glow Wire Tester Analysis and Forecast
9.1 Introduction
9.2 North America Glow Wire Tester Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Glow Wire Tester Market Size Forecast by Type
9.6.1 Desktop
9.6.2 Floor-standing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Glow Wire Tester Market Size Forecast by Applications
9.10.1 Electronic And Electrical
9.10.2 Household Appliances
9.10.3 Fire Fighting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Glow Wire Tester Analysis and Forecast
10.1 Introduction
10.2 Europe Glow Wire Tester Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Glow Wire Tester Market Size Forecast by Type
10.6.1 Desktop
10.6.2 Floor-standing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Glow Wire Tester Market Size Forecast by Applications
10.10.1 Electronic And Electrical
10.10.2 Household Appliances
10.10.3 Fire Fighting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Glow Wire Tester Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glow Wire Tester Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Glow Wire Tester Market Size Forecast by Type
11.6.1 Desktop
11.6.2 Floor-standing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Glow Wire Tester Market Size Forecast by Applications
11.10.1 Electronic And Electrical
11.10.2 Household Appliances
11.10.3 Fire Fighting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Glow Wire Tester Analysis and Forecast
12.1 Introduction
12.2 Latin America Glow Wire Tester Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Glow Wire Tester Market Size Forecast by Type
12.6.1 Desktop
12.6.2 Floor-standing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Glow Wire Tester Market Size Forecast by Applications
12.10.1 Electronic And Electrical
12.10.2 Household Appliances
12.10.3 Fire Fighting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Glow Wire Tester Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glow Wire Tester Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Glow Wire Tester Market Size Forecast by Type
13.6.1 Desktop
13.6.2 Floor-standing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Glow Wire Tester Market Size Forecast by Applications
13.10.1 Electronic And Electrical
13.10.2 Household Appliances
13.10.3 Fire Fighting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Glow Wire Tester Market: Competitive Dashboard
14.2 Global Glow Wire Tester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 kA Testing Facility Limited
14.3.2 Sataton
14.3.3 Concept Equipment Limited
14.3.4 Attrezzature Tecniche Speciali
14.3.5 IEC Test Equipment
14.3.6 Testex
14.3.7 SCR Elektroniks
14.3.8 Wewon Environmental Chambers Co Ltd
14.3.9 Asian Test Equipments
14.3.10 SeguridadEléctrica
