Market Overview:
The global portable voltmeters 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 portable voltmeters in industrial and laboratory applications. Additionally, the growing demand for smart meters is also contributing to the growth of this market. On the basis of type, the global portable voltmeters market can be segmented into portable DC voltmeters and portable AC voltmeters. Of these, the segment of Portable DC Voltmeters is expected to witness higher growth during the forecast period owing to its increasing use in industrial applications such as power plants and oil refineries. On account of their high accuracy levels and wide range of measurement capabilities, Portable AC Voltmeters are witnessing high adoption rates in laboratories across different regions worldwide. Based on application,the global Portable Voltmeter Market can be divided into three segments: industrial, laboratories and others (including residential & commercial buildings).
Product Definition:
A portable voltmeter is a device used to measure the voltage between two points in an electric circuit. Portable voltmeters are important for troubleshooting electrical problems and for ensuring that circuits are properly wired.
Portable DC Voltmeters:
Portable DC voltmeters, also known as pocket Voltmeters are used to measure the voltage of a battery. They can be easily operated in-home, while traveling or even in the field with no external power supply. The device measures and displays the output from any 12V battery including car batteries. It is mainly used by technicians for testing automotive batteries and finding out whether they need fresh electrolyte or not, before charging it further.
Portable AC Voltmeters:
Portable AC voltmeters are electronic devices used to measure the voltage of an electric current. They can perform the function of a normal AC Voltmeter and also be carried around as a portable device. The major advantage offered by these devices is that they do not require any external power source, i.e., they work entirely on battery power (Batteries-to-Go).
Application Insights:
The others application segment includes construction, agriculture and forestry, automotive and transportation, hospitality and healthcare. The portable voltmeters are widely used in the automobile industry to check battery condition of vehicles. They are also used by electricians to check the circuit breakers or fuses for proper functioning. The product is expected to gain popularity among farmers as they use it for measuring the voltage of electrical batteries in tractors or trucks that carry electricity through wires. It can also be carried along during travels as it provides accurate measurement while visiting remote places without an electricity supply where power banks are not available due to absence of any infrastructure such as sockets at tourist locations across various regions globally.
Voltage is measured based on a range from 0V up to Volts which represents the strength or intensity of electrical current flowing through a particular material such as copper wire or plastic film resistance etcetera (Ohm's law).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of portable voltmeters vendors and high adoption rate for new technologies. The region is expected to maintain its dominance over the forecast period due to increasing demand from laboratories, industrial, and other applications. Moreover, growing awareness about energy conservation among users is anticipated to propel regional growth during the forecast period.
Asia Pacific portable voltmeters market is expected witness significant growth over the projected period owing to rising demand for electricity in emerging countries such as China & India. In addition, government initiatives encouraging people use less electricity are likely drive regional product demand during future years The Middle East & Africa (MEA) region also has potential growth opportunities as it provides an opportunity for manufacturers based outside MEA regions access into this lucrative industry thus opening up new revenue channels For example;- In 2015 MSCI Inc.
Growth Factors:
- Increasing demand for portable voltmeters from the automotive sector as a result of the increasing production of electric and hybrid vehicles.
- Growing demand for portable voltmeters from the construction sector due to the increasing number of construction projects across the globe.
- Rising demand for portable voltmeters in Asia Pacific due to rapid industrialization and growing population base in countries such as China and India.
- Increasing adoption of portable voltmeters by small-and medium-sized enterprises (SMEs) owing to their low cost and easy portability features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Voltmeters Market Research Report
By Type
Portable DC Voltmeters, Portable AC Voltmeters
By Application
Industrial, Laboratories, Others
By Companies
Yokogawa Electric, Fluke, AEMC Instruments, PCE Instruments, MEGACON
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Portable Voltmeters Market Report Segments:
The global Portable Voltmeters market is segmented on the basis of:
Types
Portable DC Voltmeters, Portable AC Voltmeters
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
Industrial, Laboratories, 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:
- Yokogawa Electric
- Fluke
- AEMC Instruments
- PCE Instruments
- MEGACON
Highlights of The Portable Voltmeters 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:
- Portable DC Voltmeters
- Portable AC Voltmeters
- By Application:
- Industrial
- Laboratories
- 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 Portable Voltmeters 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?
A portable voltmeter is a device that measures voltage. It can be used to measure the voltage of batteries, power supplies, and other electrical devices.
Some of the key players operating in the portable voltmeters market are Yokogawa Electric, Fluke, AEMC Instruments, PCE Instruments, MEGACON.
The portable voltmeters 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. Portable Voltmeters 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. Portable Voltmeters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Voltmeters Market - Supply Chain
4.5. Global Portable Voltmeters Market Forecast
4.5.1. Portable Voltmeters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Voltmeters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Voltmeters Market Absolute $ Opportunity
5. Global Portable Voltmeters 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. Portable Voltmeters Market Size and Volume Forecast by Type
5.3.1. Portable DC Voltmeters
5.3.2. Portable AC Voltmeters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Voltmeters 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. Portable Voltmeters Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Laboratories
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Voltmeters 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. Portable Voltmeters 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 Portable Voltmeters 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. Portable Voltmeters 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 Portable Voltmeters Demand Share Forecast, 2019-2026
9. North America Portable Voltmeters 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 Portable Voltmeters 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 Portable Voltmeters Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Laboratories
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Voltmeters Market Size and Volume Forecast by Type
9.7.1. Portable DC Voltmeters
9.7.2. Portable AC Voltmeters
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 Portable Voltmeters Demand Share Forecast, 2019-2026
10. Latin America Portable Voltmeters 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 Portable Voltmeters 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 Portable Voltmeters Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Laboratories
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Voltmeters Market Size and Volume Forecast by Type
10.7.1. Portable DC Voltmeters
10.7.2. Portable AC Voltmeters
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 Portable Voltmeters Demand Share Forecast, 2019-2026
11. Europe Portable Voltmeters 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 Portable Voltmeters 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 Portable Voltmeters Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Laboratories
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Voltmeters Market Size and Volume Forecast by Type
11.7.1. Portable DC Voltmeters
11.7.2. Portable AC Voltmeters
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 Portable Voltmeters Demand Share, 2019-2026
12. Asia Pacific Portable Voltmeters 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 Portable Voltmeters 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 Portable Voltmeters Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Laboratories
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Voltmeters Market Size and Volume Forecast by Type
12.7.1. Portable DC Voltmeters
12.7.2. Portable AC Voltmeters
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 Portable Voltmeters Demand Share, 2019-2026
13. Middle East & Africa Portable Voltmeters 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 Portable Voltmeters 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 Portable Voltmeters Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Laboratories
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Voltmeters Market Size and Volume Forecast by Type
13.7.1. Portable DC Voltmeters
13.7.2. Portable AC Voltmeters
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 Portable Voltmeters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Voltmeters Market: Market Share Analysis
14.2. Portable Voltmeters Distributors and Customers
14.3. Portable Voltmeters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yokogawa Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fluke
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AEMC Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PCE Instruments
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MEGACON
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
