Power Device Analyzer Market

A power device analyzer is used to measure the flow of power in an electrical system. It is a multi-functional power analyser device that is mainly used to measure different flow of power such as direct current (DC), alternating current (AC), AC-voltage, and DC-voltage. They are used to measure electrical power for appliances such as inverter, home appliance, testing power electronics, lighting, motor & drives, and industrial machinery. It has wide range of voltage and current range and other features which makes it capable of measuring all types of devices.

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The major factors that are driving the growth of the Global Power Device Analyzer market include the rising demand for power efficient and high performance equipment across consumer electronics & healthcare sector and the increasing demand for electric vehicle as these increase the fuel efficiency of the vehicle. The increasing adoption of energy audits coupled with the mandatory regulations is further propelling the growth of the market. Moreover, the growing IoT integration will leverage power device analyser for testing device, which in turn, will fuel the growth of the market. However, well established grey market is restraining the growth of the market.

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Based on the Type, the Both AC & DC segment is expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of both AC and DC power device analyser to perform systems level analysis and component level analysis. It is widely used to measure power in various devices such as lighting consumer products, ballast testing, solar panel, wireless battery charging, electric vehicle, and HID lighting systems. The growing investment in renewable energy sources such as solar coupled with the rising demand for electric cars will further accelerate the growth of the market during the forecast period.

Based on the Current, the below 1000 A segment is projected to grow at a higher CAGR in the market during the forecast period owing to the growing usage of below 1000 A power analyser to measure power for large types of devices in the end-user industries such as aerospace & defence, automotive, and healthcare equipment.

Based on the End-User, the consumer electronic & appliance segment is expected to grow at a higher CAGR during the forecast period due to the growing demand for consumer electronics such as smartphones, laptops, refrigerator, smart TV, smart watch among others.

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Based on the region, Asia-Pacific is projected to grow at a higher CAGR in the global Power Device Analyzer market during the forecast period owing to the increasing demand for consumer electronics due to the growing population and rising automation in countries such as China, India, and Japan coupled with stringent regulations for the use of electronics in emerging countries such as China, Japan, and India.

The major key players in the market include Keysight Technologies, Rohde & Schwarz GmbH & Co KG, Tektronix, Yokogawa Electric Corporation, Newtons4th, PCE Instruments, Fluke Corporation, Circutor, Vitrex, Extech Instruments, Carlo Gavazzi, ZES Zimmer Electronic Systems GmbH, Hioki E.E Corporation, among others.

Key Development:

• • In Oct 2019, Vitrek launched Ultra-High Accuracy PA920 Series Power Analyzer. The PA920 offers power measurement accuracy (0.024%, 20Hz-1KHz). It integrates an ultra-high accuracy, wideband waveform digitizer with advanced computational capability, a large high-resolution display and a full-color touchscreen user interface.
  • In May 2019, Keysight Technology launched a new dynamic power device analyzer with double-pulse capability to deliver consistent, reliable, repeatable measurements of wide-bandgap (WBG) semiconductors.

The Global Power Device Analyzer market has been segmented based on the Type, Current, End-User, and key region. Based on Type, the market is segmented into AC, and Both AC & DC. Based on Current, the market is segmented into Below 100A, and Above 1000A. Based on End-User, the market is segmented into Consumer Electronics & Appliances, Automotive, Wireless Communication & Infrastructure, Energy, and Others.

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Key questions answered in this research report:

• • At what pace is the global Power Device Analyzer market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global Power Device Analyzer market? What will be the impact of drivers and restraints in the future
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Power Device Analyzer market?
  • Who are the various End-User of the global Power Device Analyzer market, and how are they poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Power Device Analyzer Market by Type

• • AC
  • Both AC & DC

Global Power Device Analyzer Market by Current

• • Below 100A
  • Above 1000A

Global Power Device Analyzer Market by End-User

• • Consumer Electronics & Appliances
  • Automotive
  • Wireless Communication & Infrastructure
  • Energy
  • Others

Global Power Device Analyzer Market by Region

• • North America Power Device Analyzer Market
    Option 1: As a part of the free 25% customization
    • By Type
    • By Current
    • By End-User
    • United States of America (US) All-Up Power Device Analyzer Market
    • Canada All-Up Power Device Analyzer Market
  • Europe Power Device Analyzer Market
    Option 2: As a part of the free 25% customization
    • By Type
    • By Current
    • By End-User
    • United Kingdom (UK) All-Up Power Device Analyzer Market
    • Germany All-Up Power Device Analyzer Market
    • France All-Up Power Device Analyzer Market
    • Spain All-Up Power Device Analyzer Market
    • Rest of Europe All-Up Power Device Analyzer Market
  • Asia-Pacific Power Device Analyzer Market
    Option 3: As a part of the free 25% customization
    • By Type
    • By Current
    • By End-User
    • China All-Up Power Device Analyzer Market
    • India All-Up Power Device Analyzer Market
    • Japan All-Up Power Device Analyzer Market
    • Rest of APAC All-Up Power Device Analyzer Market
  • ROW Power Device Analyzer Market
    Option 4: As a part of the free 25% customization
    • By Type
    • By Current
    • By End-User
    • Brazil All-Up Power Device Analyzer Market
    • South Africa All-Up Power Device Analyzer Market
    • Saudi Arabia All-Up Power Device Analyzer Market
    • UAE All-Up Power Device Analyzer Market
    • Rest of world (remaining countries of the LAMEA region) All-Up Power Device Analyzer Market

Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • Keysight Technologies
  • Rohde & Schwarz GmbH & Co KG
  • Tektronix
  • Yokogawa Electric Corporation
  • Newtons4th
  • PCE Instruments
  • Fluke Corporation
  • Circutor
  • Vitrex
  • Extech Instruments
  • Carlo Gavazzi
  • ZES Zimmer Electronic Systems GmbH
  • Hioki E.E Corporation