Market Overview:
The global high potential test market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high potential tests in various applications such as automotive, industrial, medical equipment, and consumer appliances. Additionally, the growing demand for high potential tests in other applications is also propelling the growth of this market. North America dominates the global high potential test market and is expected to continue its dominance during the forecast period from 2018 to 2030.
Product Definition:
A High Potential Test is a test used to identify employees with high potential for future leadership roles within an organization. The test measures a variety of personality and behavioral traits that are thought to be indicative of leadership ability. Employees who score highly on the High Potential Test are typically given additional development opportunities in order to help them grow into future leaders.
1000?A:
1000 is a High Potential Test (HPT) that was developed by the National Institute of Standards and Technology (NIST). 1000 is used to measure the electrical potential difference between two points on an item being tested. 1000 has applications in metrology, material testing, and other scientific areas. It also has industrial uses such as quality control in manufacturing industries or research laboratories where accurate measurement of high-potential compounds are required.
10mA:
10mA is a low current and it's used in high potential test market. It means, this current can damage the device if applied to any electronic component. In order to avoid this, special circuits are installed at both ends of the cable which limit the maximum voltage that can be applied by these cables during testing.
These cables are widely used for testing automotive parts and other electronic components at automobile repair shops or manufacturing industries where there is no power supply system in place.
Application Insights:
The global high potential test market is segmented by application into automotive, consumer appliances, medical equipment, industrial manufacture and other applications. The automotive application segment accounted for the largest share in 2017 owing to increasing demand for HVAC systems with integrated protection against overvoltage and under-voltage conditions. Automotive manufacturers are focusing on reducing the risk of failure during post-production testing of electrical & electronics components which are integrated with safety systems such as airbags and power trains. This is expected to drive product demand in this segment over the forecast period.
The consumer appliances application segment was valued at USD 544 million in 2017 due to rising use of high voltage testers across major electronic product brands such as Samsung Electronics Co., Ltd., AEG Telefon und Fernseh GmbH & Co., Panasonic Corporation and others globally which have been manufacturing products for household usage including refrigerators/freezers, washing machines etc.
Regional Analysis:
North America dominated the global high potential test market in 2017. The region is expected to witness considerable growth over the forecast period owing to increasing R&D activities and technological advancements. Moreover, rising demand for electronics products in this region is anticipated to drive product penetration across various end-use industries, thereby driving regional market growth.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization.
Growth Factors:
- Increasing demand for quality products and services
- Growing number of start-ups and technological advancements
- Rising disposable income and changing consumer preferences
- Proliferation of digital platforms and increasing internet penetration
- Emergence of new business models
Scope Of The Report
Report Attributes
Report Details
Report Title
High Potential Test Market Research Report
By Type
1000?A, 10mA, 50mA, 110mA, Other
By Application
Automotive Industrial, Consumer Appliances, Medical Equipment, Industrial Manufacture, Other Applications
By Companies
HIOKI, Phenix, Ikonix, Megger, Seaward, Sefelec, Chroma ATE, Haefely Hipotronics, Compliance West, GW Instek, Kikusui, HVI, Vitrek
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global High Potential Test Market Report Segments:
The global High Potential Test market is segmented on the basis of:
Types
1000?A, 10mA, 50mA, 110mA, Other
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
Automotive Industrial, Consumer Appliances, Medical Equipment, Industrial Manufacture, Other Applications
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:
- HIOKI
- Phenix
- Ikonix
- Megger
- Seaward
- Sefelec
- Chroma ATE
- Haefely Hipotronics
- Compliance West
- GW Instek
- Kikusui
- HVI
- Vitrek
Highlights of The High Potential Test 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:
- 1000?A
- 10mA
- 50mA
- 110mA
- Other
- By Application:
- Automotive Industrial
- Consumer Appliances
- Medical Equipment
- Industrial Manufacture
- Other Applications
- 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 High Potential Test 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
High potential test is a screening tool that helps identify students who have the potential to be successful in college and beyond.
Some of the major players in the high potential test market are HIOKI, Phenix, Ikonix, Megger, Seaward, Sefelec, Chroma ATE, Haefely Hipotronics, Compliance West, GW Instek, Kikusui, HVI, Vitrek.
The high potential test market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Potential Test Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Potential Test Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Potential Test Market - Supply Chain
4.5. Global High Potential Test Market Forecast
4.5.1. High Potential Test Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Potential Test Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Potential Test Market Absolute $ Opportunity
5. Global High Potential Test Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Potential Test Market Size and Volume Forecast by Type
5.3.1. 1000?A
5.3.2. 10mA
5.3.3. 50mA
5.3.4. 110mA
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Potential Test Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Potential Test Market Size and Volume Forecast by Application
6.3.1. Automotive Industrial
6.3.2. Consumer Appliances
6.3.3. Medical Equipment
6.3.4. Industrial Manufacture
6.3.5. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Potential Test Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Potential Test Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Potential Test Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Potential Test Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Potential Test Demand Share Forecast, 2019-2026
9. North America High Potential Test Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Potential Test Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Potential Test Market Size and Volume Forecast by Application
9.4.1. Automotive Industrial
9.4.2. Consumer Appliances
9.4.3. Medical Equipment
9.4.4. Industrial Manufacture
9.4.5. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Potential Test Market Size and Volume Forecast by Type
9.7.1. 1000?A
9.7.2. 10mA
9.7.3. 50mA
9.7.4. 110mA
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Potential Test Demand Share Forecast, 2019-2026
10. Latin America High Potential Test Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Potential Test Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Potential Test Market Size and Volume Forecast by Application
10.4.1. Automotive Industrial
10.4.2. Consumer Appliances
10.4.3. Medical Equipment
10.4.4. Industrial Manufacture
10.4.5. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Potential Test Market Size and Volume Forecast by Type
10.7.1. 1000?A
10.7.2. 10mA
10.7.3. 50mA
10.7.4. 110mA
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Potential Test Demand Share Forecast, 2019-2026
11. Europe High Potential Test Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Potential Test Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Potential Test Market Size and Volume Forecast by Application
11.4.1. Automotive Industrial
11.4.2. Consumer Appliances
11.4.3. Medical Equipment
11.4.4. Industrial Manufacture
11.4.5. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Potential Test Market Size and Volume Forecast by Type
11.7.1. 1000?A
11.7.2. 10mA
11.7.3. 50mA
11.7.4. 110mA
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Potential Test Demand Share, 2019-2026
12. Asia Pacific High Potential Test Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Potential Test Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Potential Test Market Size and Volume Forecast by Application
12.4.1. Automotive Industrial
12.4.2. Consumer Appliances
12.4.3. Medical Equipment
12.4.4. Industrial Manufacture
12.4.5. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Potential Test Market Size and Volume Forecast by Type
12.7.1. 1000?A
12.7.2. 10mA
12.7.3. 50mA
12.7.4. 110mA
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Potential Test Demand Share, 2019-2026
13. Middle East & Africa High Potential Test Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Potential Test Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Potential Test Market Size and Volume Forecast by Application
13.4.1. Automotive Industrial
13.4.2. Consumer Appliances
13.4.3. Medical Equipment
13.4.4. Industrial Manufacture
13.4.5. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Potential Test Market Size and Volume Forecast by Type
13.7.1. 1000?A
13.7.2. 10mA
13.7.3. 50mA
13.7.4. 110mA
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Potential Test Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Potential Test Market: Market Share Analysis
14.2. High Potential Test Distributors and Customers
14.3. High Potential Test Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HIOKI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Phenix
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ikonix
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Megger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seaward
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sefelec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chroma ATE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Haefely Hipotronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Compliance West
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GW Instek
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kikusui
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HVI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Vitrek
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
