Voltage Calibrator Market Trends, Growth And Regional Outlook 2027

 Market Synopsis 

The data analysts at Market Research Future Reports (MRFR) have revealed that the global voltage calibrator market is estimated to expand at a CAGR of 6.49% during the review period. The growing adoption of voltage calibrator devices in the utility sector is the most significant factor leading to the expansion of the global voltage calibrator market 2020. 

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Market Segmentation 

The global Voltage Calibrator Market can be segmented on the basis of component, vertical, end-user, type, and region. 

On the basis of the component, the global voltage calibrator market can be segmented into product and services.

On the basis of vertical, the global voltage calibrator market can be segmented into the semiconductor, telecommunication and IT, healthcare and pharmaceutical, utilities, aerospace and defence, and others.

On the basis of end-user, the global voltage calibrator market can be segmented into research and field.

On the basis of type, the global voltage calibrator market can be segmented into bench type and handheld.

On the basis of region, the global voltage calibrator market can be segmented into North America, Asia-Pacific, Europe, and the Rest of the World (RoW).

Regional Analysis 

An in-depth analysis of the global voltage calibrators market can be segmented into North America, Asia-Pacific, Europe, and the Rest of the World (RoW). The research reveals that the market is estimated to gain momentum during the forecast period. As per the study, the global market is estimated to dominate by North America. Among all nations, the US is estimated to lead the region. The most significant factor driving the regional market is the growing electronics manufacturing in the US, along with the magnifying demand for grid refurbishment.

In addition, the US and Canada are predicted to be the most important factors for the voltage calibrators market in the region. On the other hand, the APAC region is estimated to exhibit the maximum growth rate during the review period. The enlarging demand for electricity grid extension projects in the underdeveloped nations in the region is estimated to be an important factor leading to the growth of the calibrator market during the review period. 

Key Players 

The distinguished players of the global market are Extech Instruments (US), Time Electronics Ltd. (UK), PCE Holding GmbH (Germany), AOIP (France), REED Instruments (US), Yokogawa Test & Measurement Corporation (Japan), Calibrators Inc. (US), Valhalla Scientific Inc. (US), Practical Instrument Electronics, Inc.(US), Fluke Corporation (US), Nagman (India), General Electric Company (US), Powerpoint Engineering Ltd (Ireland), Schweitzer Engineering Laboratories, Inc. (US), and ENGIE LABORELEC (Belgium).

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