Market Overview:
The global zero resistance ammeter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for zero resistance ammeters in various applications such as aerospace, chemical, teaching, electrochemistry, batteries and others. Additionally, the growing demand for miniaturized and portable devices is also contributing to the growth of this market.
Product Definition:
A zero resistance ammeter is an instrument used to measure electrical current. It has a very low resistance so that it does not affect the current being measured. This allows for more accurate readings and is especially important when measuring small currents.
Single-channel:
Single-channel current measurement devices are also known as one-dimensional ammeters. They are used to measure the current in single direction, i.e., in only one polarity (positive or negative). Such ammeters can be used for measuring small currents up to a few A and their resolution is typically 0.1 A.
Multi-channel:
Multi-channel is a combination of more than one type of electronic measurement channels. It helps to monitor the real-time power flow in both directions across several electrical components or devices. The multi-channel zero resistance ammeter (MCZRA) monitors the current and voltage across multiple channels simultaneously, which provides accurate information about the system's performance and health at any given time.
Application Insights:
Electrochemistry is expected to be the fastest-growing application segment over the forecast period. The growth can be attributed to increasing demand for chemical sensors and meters that are used in electrochemical processes such as corrosion, gas analysis, and fuel cell testing. In addition, technological advancements in ammeters suitable for use in electrochemical applications are also likely to propel their demand over the coming years.
The aerospace sector is projected to remain a key consumer of zero resistance ammeters owing to its criticality towards safety & security along with environmental protection requirements. These factors have resulted in an increased focus on improving aircraft efficiency through reduction of weight & drag which has further compelled manufacturers operating within this industry verticals seek efficient solutions while reducing overall costs associated with manufacturing an aircraft or spacecraft. This trend is expected drive market growth across all regions over the forecast period thereby contributing towards revenue generation during 2018 - 2030 ¢â‚¬â€œ 2030 inclusive.
Regional Analysis:
North America dominated the global ZR ammeter market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This can be attributed to increasing R&D activities and technological advancements in the field of electronics across U.S., which has led to increased adoption of ZR ammeters for testing purposes across various industries such as aerospace, defense, automotive, etc.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the same period owing to rapid industrialization and growth opportunities offered by emerging economies such as China & India and other countries in Southeast Asia region. Increasing government initiatives towards manufacturing electric vehicles along with growing demand from end-use industries are some factors driving regional market growth over next eight years or so till 2030 AD (Year 2020).
Growth Factors:
- Increasing demand for Zero Resistance Ammeter in the automotive industry to measure current and voltage accurately.
- Rising demand from the electrical and electronics sector for Zero Resistance Ammeter to measure current and voltage precisely.
- Growing popularity of Zero Resistance Ammeter among research institutes, laboratories, and universities for advanced research purposes.
- Increasing adoption of Zero Resistance Ammeter in power plants, oil refineries, and other industrial sectors to monitor electric current flow accurately.
Scope Of The Report
Report Attributes
Report Details
Report Title
Zero Resistance Ammeter Market Research Report
By Type
Single-channel, Multi-channel
By Application
Aerospace, Chemical, Teaching, Electrochemistry, Batteries, Other
By Companies
ACM Instruments, Bank Elektronik, eDAQ, Ivium, CAMRY, CORRTEST, AMETEK Scientific Instruments, WonATech, Corrosion Service, IPS
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Zero Resistance Ammeter Market Report Segments:
The global Zero Resistance Ammeter market is segmented on the basis of:
Types
Single-channel, Multi-channel
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, Chemical, Teaching, Electrochemistry, Batteries, Other
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:
- ACM Instruments
- Bank Elektronik
- eDAQ
- Ivium
- CAMRY
- CORRTEST
- AMETEK Scientific Instruments
- WonATech
- Corrosion Service
- IPS
Highlights of The Zero Resistance Ammeter 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:
- Single-channel
- Multi-channel
- By Application:
- Aerospace
- Chemical
- Teaching
- Electrochemistry
- Batteries
- Other
- 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 Zero Resistance Ammeter 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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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
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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 zero resistance ammeter is a device used to measure the current flowing through an electrical circuit. It consists of two metal plates, one connected to the positive terminal of the battery and one connected to the negative terminal. When current flows through the circuit, it causes a movement between these plates.
Some of the key players operating in the zero resistance ammeter market are ACM Instruments, Bank Elektronik, eDAQ, Ivium, CAMRY, CORRTEST, AMETEK Scientific Instruments, WonATech, Corrosion Service, IPS.
The zero resistance ammeter 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 Zero Resistance Ammeter 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 Zero Resistance Ammeter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Zero Resistance Ammeter 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 Zero Resistance Ammeter 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 Zero Resistance Ammeter Market Size & Forecast, 2020-2028 4.5.1 Zero Resistance Ammeter Market Size and Y-o-Y Growth 4.5.2 Zero Resistance Ammeter 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 Single-channel
5.2.2 Multi-channel
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 Aerospace
6.2.2 Chemical
6.2.3 Teaching
6.2.4 Electrochemistry
6.2.5 Batteries
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zero Resistance Ammeter 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 Zero Resistance Ammeter 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 Single-channel
9.6.2 Multi-channel
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 Aerospace
9.10.2 Chemical
9.10.3 Teaching
9.10.4 Electrochemistry
9.10.5 Batteries
9.10.6 Other
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 Single-channel
10.6.2 Multi-channel
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 Aerospace
10.10.2 Chemical
10.10.3 Teaching
10.10.4 Electrochemistry
10.10.5 Batteries
10.10.6 Other
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 Single-channel
11.6.2 Multi-channel
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 Aerospace
11.10.2 Chemical
11.10.3 Teaching
11.10.4 Electrochemistry
11.10.5 Batteries
11.10.6 Other
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 Single-channel
12.6.2 Multi-channel
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 Aerospace
12.10.2 Chemical
12.10.3 Teaching
12.10.4 Electrochemistry
12.10.5 Batteries
12.10.6 Other
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 Single-channel
13.6.2 Multi-channel
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 Aerospace
13.10.2 Chemical
13.10.3 Teaching
13.10.4 Electrochemistry
13.10.5 Batteries
13.10.6 Other
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 Zero Resistance Ammeter Market: Competitive Dashboard
14.2 Global Zero Resistance Ammeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACM Instruments
14.3.2 Bank Elektronik
14.3.3 eDAQ
14.3.4 Ivium
14.3.5 CAMRY
14.3.6 CORRTEST
14.3.7 AMETEK Scientific Instruments
14.3.8 WonATech
14.3.9 Corrosion Service
14.3.10 IPS