Market Overview:
The global insulation testers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for insulation testers in the electronic, communication, energy, traffic and other applications. North America dominates the global insulation testers market followed by Europe and Asia Pacific. However, Asia Pacific is expected to witness highest growth during the forecast period owing to the growing demand for insulation testers in China and India.
Product Definition:
Insulation testers are devices used to test the insulation of electrical circuits and equipment. They are important because they help ensure that electrical systems and equipment are properly insulated, which helps prevent electric shocks and fires.
15-100V:
15-100V is a standard voltage range that is used in insulation tester devices. The growth factor in the market for 15-100V is estimated to be around 1.5 times of its current usage, which can be attributed to the growing demand for automation and smart grid coupled with increasing infrastructure spending particularly in developing economies such as India, China and Brazil among others.
The global market size was valued at USD 2 billion in 2015.
125V:
125V is the nominal voltage of power supply used in insulation testers. It is also known as Volts or V. 125Volt power supply can be found in almost all electronic devices including vacuum cleaners, hair dryers, electric shavers and drills, coffee makers, toasters etc. The most common way to test the insulation of wire is by using an insulated plug which has a live wire and a ground wire attached to it.
Application Insights:
The energy segment dominated the global insulation testers market in 2017 and is expected to witness significant growth over the forecast period. Insulation testing tools are used for various applications, including power distribution, lighting, air handling units (HU), fire protection and others. The communication segment is also expected to witness considerable growth during the forecast period owing to rising demand for high-speed internet infrastructure across countries such as India and China.
Electronic equipment was one of the major application segments in 2017 owing to increasing demand from end-use industries such as medical equipment manufacturing. Communication is another key application due to rapid urbanization leading economies such as India and China which has resulted in increased spending on telecom infrastructure development projects over recent years.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to stringent government regulations for energy conservation and increasing demand for green products. Europe accounted for a significant share of the overall revenue in 2017 owing to high product penetration and growing demand from end-use industries such as transportation, communication, and energy. Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising infrastructure development activities coupled with expanding industrial sector in China, India, Japan, South Korea, Taiwan among other Asian countries.
The Asia Pacific region comprises emerging economies such as China.
Growth Factors:
- Increasing demand for insulation testers from the construction sector as it helps in detecting defects and improving the quality of insulation
- Growing awareness about the benefits of using insulation testers, which is helping to drive its adoption among consumers and businesses
- Rising demand for energy-efficient buildings, which is boosting the need for proper insulation testing
- Technological advancements that are making insulation testers more efficient and easier to use
- Growing number of online stores offering a wide range of insulation testers at competitive prices, thus helping to boost sales
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulation Testers Market Research Report
By Type
15-100V, 125V, 250V, 500V, ≥1000V, Others
By Application
Electronic, Communication, Energy, Traffic, Others
By Companies
Amprobe, APPA Technology, b2 electronics, CENTER Technology, Extech Instruments, Greenlee, HIOKI, KAISE, Keysight Technologies, Kyoritsu, Major Tech, MEGABRAS, Megger, Metrel, Motwane, PCE, TENTECH, TES, Ziegler
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Insulation Testers Market Report Segments:
The global Insulation Testers market is segmented on the basis of:
Types
15-100V, 125V, 250V, 500V, ≥1000V, Others
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, Communication, Energy, Traffic, Others
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:
- Amprobe
- APPA Technology
- b2 electronics
- CENTER Technology
- Extech Instruments
- Greenlee
- HIOKI
- KAISE
- Keysight Technologies
- Kyoritsu
- Major Tech
- MEGABRAS
- Megger
- Metrel
- Motwane
- PCE
- TENTECH
- TES
- Ziegler
Highlights of The Insulation Testers 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:
- 15-100V
- 125V
- 250V
- 500V
- ≥1000V
- Others
- By Application:
- Electronic
- Communication
- Energy
- Traffic
- Others
- 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 Insulation Testers 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
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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?
Insulation testers are used to measure the insulation levels of materials. They use a variety of methods, including heat, sound and electric current.
Some of the major companies in the insulation testers market are Amprobe, APPA Technology, b2 electronics, CENTER Technology, Extech Instruments, Greenlee, HIOKI, KAISE, Keysight Technologies, Kyoritsu, Major Tech, MEGABRAS, Megger, Metrel, Motwane, PCE, TENTECH, TES, Ziegler.
The insulation testers 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 Insulation Testers 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 Insulation Testers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insulation Testers 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 Insulation Testers 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 Insulation Testers Market Size & Forecast, 2020-2028
4.5.1 Insulation Testers Market Size and Y-o-Y Growth
4.5.2 Insulation Testers Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 15-100V
5.2.2 125V
5.2.3 250V
5.2.4 500V
5.2.5 ≥1000V
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Electronic
6.2.2 Communication
6.2.3 Energy
6.2.4 Traffic
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insulation Testers 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 Insulation Testers 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 15-100V
9.6.2 125V
9.6.3 250V
9.6.4 500V
9.6.5 ≥1000V
9.6.6 Others
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 Market Size Forecast by Applications
9.10.1 Electronic
9.10.2 Communication
9.10.3 Energy
9.10.4 Traffic
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 15-100V
10.6.2 125V
10.6.3 250V
10.6.4 500V
10.6.5 ≥1000V
10.6.6 Others
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 Market Size Forecast by Applications
10.10.1 Electronic
10.10.2 Communication
10.10.3 Energy
10.10.4 Traffic
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 15-100V
11.6.2 125V
11.6.3 250V
11.6.4 500V
11.6.5 ≥1000V
11.6.6 Others
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 Market Size Forecast by Applications
11.10.1 Electronic
11.10.2 Communication
11.10.3 Energy
11.10.4 Traffic
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 15-100V
12.6.2 125V
12.6.3 250V
12.6.4 500V
12.6.5 ≥1000V
12.6.6 Others
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 Market Size Forecast by Applications
12.10.1 Electronic
12.10.2 Communication
12.10.3 Energy
12.10.4 Traffic
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 15-100V
13.6.2 125V
13.6.3 250V
13.6.4 500V
13.6.5 ≥1000V
13.6.6 Others
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) Market Size Forecast by Applications
13.10.1 Electronic
13.10.2 Communication
13.10.3 Energy
13.10.4 Traffic
13.10.5 Others
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 Insulation Testers Market: Competitive Dashboard
14.2 Global Insulation Testers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amprobe
14.3.2 APPA Technology
14.3.3 b2 electronics
14.3.4 CENTER Technology
14.3.5 Extech Instruments
14.3.6 Greenlee
14.3.7 HIOKI
14.3.8 KAISE
14.3.9 Keysight Technologies
14.3.10 Kyoritsu
14.3.11 Major Tech
14.3.12 MEGABRAS
14.3.13 Megger
14.3.14 Metrel
14.3.15 Motwane
14.3.16 PCE
14.3.17 TENTECH
14.3.18 TES
14.3.19 Ziegler
