Market Overview:
The global handheld voltage calibrator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The handheld voltage calibrator market is segmented on the basis of type, application, and region. On the basis of type, the handheld voltage calibrator market is segmented into AC voltage calibrators and DC voltage calibrators. The AC voltage calibration segment is expected to dominate the global handheld Voltage Calibrator Market during the forecast period owing to its wide usage in various industries such as aerospace and defense, semiconductor, healthcare, IT and telecommunication, automotive etc. On the basis of application, the global Handheld Voltage Calibrator Market is divided into five segments namely aerospace and defense; semiconductor; healthcare; IT and telecommunication; automotive.
Product Definition:
A handheld voltage calibrator is a battery-operated device used to check and adjust the voltage of electronic equipment. The importance of handheld voltage calibrators is that they allow technicians to quickly and easily verify the accuracy of voltages without having to remove the equipment from service.
AC Voltage Calibrator:
AC voltage calibrator is a device used to measure the AC voltage of test samples. It’s an essential tool for technicians and engineers working in the field of power quality, renewable energy, electric vehicles or any other industry that involves testing and monitoring of electrical parameters.
The global handheld voltage calibrator market size was valued at USD 472.1 million in 2018.
DC Voltage Calibrator:
DC voltage calibrator is a device used to measure and record the accurate voltage of a battery. It works on the principle of resistance, where two wires are connected to the terminals of battery and those two wires have different resistances. As current flows through that circuit, it creates an electrical signal with different levels in between 0V and 9V or 12V. The level can be changed by changing the value of resistors present in that circuit.
Application Insights:
The aerospace and defense application segment accounted for the largest revenue share in 2017. The need for accurate measurement of voltage across multiple points in an aircraft to test its electrical system is expected to be a key factor driving the handheld device market over the forecast period. Furthermore, growth of this segment is likely to be driven by increasing demand from military and defense applications such as testing of weapon systems, missiles, and other electronics equipment.
The healthcare sector is also anticipated to witness significant growth over the forecast period owing to rising demand from medical professionals for measuring voltages accurately during surgeries or when diagnosing diseases. These devices are used by doctors or surgeons during various medical procedures as they provide high accuracy than traditional methods such as clinical thermometers or voltmeters which were previously used for these purposes. Moreover, these devices are portable enough to measure different types of DC voltage required in hospitals along with their AC counterparts making them ideal choice overall.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for electronic devices, growing healthcare infrastructure, and advancements in technology. Moreover, rising awareness regarding voltage calibrators among professionals is anticipated to propel product demand over the next eight years.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid industrialization and developing economy coupled with increased government spending on defense & aerospace equipment and healthcare equipment industries in countries such as India, China, Japan etcetera). In addition, favorable government policies promoting electronics manufacturing are also likely boost regional growth during the same period. Furthermore Voltage calibrator manufacturers are also looking at expanding their production capacities due to high demand from end-use markets such as automotive (ECU), medical (ICD) and consumer appliances (AVR).
Growth Factors:
- Increasing demand for handheld voltage calibrators from the automotive and electronics industries
- Growing popularity of handheld voltage calibrators among calibration service providers
- Rising demand for portable and easy-to-use voltage calibrators
- Proliferation of handheld voltage calibrator products with advanced features and capabilities
- Increasing number of calibration laboratories worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Voltage Calibrator Market Research Report
By Type
AC Voltage Calibrator, DC Voltage Calibrator
By Application
Aerospace and Defense, Semiconductor, Healthcare, IT and Telecommunication, Automotive
By Companies
Time Electronics, Extech Instruments, PCE Holding, REED Instruments, AOIP, Yokogawa Test & Measurement, Valhalla Scientific, Calibrators, Practical Instrument Electronics, Nagman, Time Electronics
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Voltage Calibrator Market Report Segments:
The global Handheld Voltage Calibrator market is segmented on the basis of:
Types
AC Voltage Calibrator, DC Voltage Calibrator
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
Aerospace and Defense, Semiconductor, Healthcare, IT and Telecommunication, Automotive
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:
- Time Electronics
- Extech Instruments
- PCE Holding
- REED Instruments
- AOIP
- Yokogawa Test & Measurement
- Valhalla Scientific
- Calibrators
- Practical Instrument Electronics
- Nagman
- Time Electronics
Highlights of The Handheld Voltage Calibrator 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:
- AC Voltage Calibrator
- DC Voltage Calibrator
- By Application:
- Aerospace and Defense
- Semiconductor
- Healthcare
- IT and Telecommunication
- Automotive
- 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 Handheld Voltage Calibrator 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.
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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 handheld voltage calibrator is a device that can be used to measure the voltage of an electrical circuit. It typically has a display screen and buttons for entering values, and it can be used to verify the accuracy of voltages in electronic equipment.
Some of the major players in the handheld voltage calibrator market are Time Electronics, Extech Instruments, PCE Holding, REED Instruments, AOIP, Yokogawa Test & Measurement, Valhalla Scientific, Calibrators, Practical Instrument Electronics, Nagman, Time Electronics.
The handheld voltage calibrator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Handheld Voltage Calibrator 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 Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size & Forecast, 2018-2028 4.5.1 Handheld Voltage Calibrator Market Size and Y-o-Y Growth 4.5.2 Handheld Voltage Calibrator Market Absolute $ Opportunity
Chapter 5 Global Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size Forecast by Type
5.2.1 AC Voltage Calibrator
5.2.2 DC Voltage Calibrator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Semiconductor
6.2.3 Healthcare
6.2.4 IT and Telecommunication
6.2.5 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld Voltage Calibrator 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 Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Analysis and Forecast
9.1 Introduction
9.2 North America Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size Forecast by Type
9.6.1 AC Voltage Calibrator
9.6.2 DC Voltage Calibrator
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 Handheld Voltage Calibrator Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Semiconductor
9.10.3 Healthcare
9.10.4 IT and Telecommunication
9.10.5 Automotive
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 Handheld Voltage Calibrator Analysis and Forecast
10.1 Introduction
10.2 Europe Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size Forecast by Type
10.6.1 AC Voltage Calibrator
10.6.2 DC Voltage Calibrator
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 Handheld Voltage Calibrator Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Semiconductor
10.10.3 Healthcare
10.10.4 IT and Telecommunication
10.10.5 Automotive
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 Handheld Voltage Calibrator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size Forecast by Type
11.6.1 AC Voltage Calibrator
11.6.2 DC Voltage Calibrator
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 Handheld Voltage Calibrator Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Semiconductor
11.10.3 Healthcare
11.10.4 IT and Telecommunication
11.10.5 Automotive
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 Handheld Voltage Calibrator Analysis and Forecast
12.1 Introduction
12.2 Latin America Handheld Voltage Calibrator 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 Handheld Voltage Calibrator Market Size Forecast by Type
12.6.1 AC Voltage Calibrator
12.6.2 DC Voltage Calibrator
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 Handheld Voltage Calibrator Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Semiconductor
12.10.3 Healthcare
12.10.4 IT and Telecommunication
12.10.5 Automotive
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) Handheld Voltage Calibrator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Handheld Voltage Calibrator 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) Handheld Voltage Calibrator Market Size Forecast by Type
13.6.1 AC Voltage Calibrator
13.6.2 DC Voltage Calibrator
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) Handheld Voltage Calibrator Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Semiconductor
13.10.3 Healthcare
13.10.4 IT and Telecommunication
13.10.5 Automotive
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 Handheld Voltage Calibrator Market: Competitive Dashboard
14.2 Global Handheld Voltage Calibrator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Time Electronics
14.3.2 Extech Instruments
14.3.3 PCE Holding
14.3.4 REED Instruments
14.3.5 AOIP
14.3.6 Yokogawa Test & Measurement
14.3.7 Valhalla Scientific
14.3.8 Calibrators
14.3.9 Practical Instrument Electronics
14.3.10 Nagman
14.3.11 Time Electronics