The North America Power Device Analyzer Market would witness market growth of 4.3% CAGR during the forecast period (2021-2027).
Power device analyzers help to improve system efficiency while also assisting in the analysis of power supply distortion. In addition, the increasing deployment of these power device analyzers is expected to generate market growth prospects.
There are few government laws in place to control energy waste. As a result, because of their reduced prices, medium- and small-scale enterprises, particularly in developing nations, prefer power device analyzers built domestically. These constraints are expected to limit the growth opportunities for branded device producers. On the other hand, the growing popularity of renewable energy sources is expected to drive demand in the power device analyzer market in the coming years.
Power analyzers refer to the test instruments that are becoming more significant in the electrical and electronics sectors as all aspects of power consumption by large and small equipment become a bigger concern. At frequencies ranging from 50/60 Hz to several kilohertz, power analyzers can assess a variety of characteristics related to power consumption and generation.
The regional market is witnessing high adoption of test and measurement equipment and implementation of wireless communication and networks. The region has always remained at the forefront of technological development. Also, Renewable energy accounted for around 12.6 percent of total primary energy consumption and 19.8 percent of domestically produced electricity in the United States in 2020, according to preliminary statistics from the US Energy Information Administration.
In addition, the Biden administration has prioritized "buy American" and American-sourced electric automobiles since the beginning of 2021. Initially, that promise was supposed to include acquiring minerals for the construction and assembly of battery packs in electric vehicles from U.S. mines. Moreover, the United States' emphasis on generating more electric vehicles and charging facilities creates opportunities for automakers. Therefore, these factors are likely to create lucrative growth opportunities for the players operating in the regional Power Device Analyzer Market throughout the forecast years.
The US market dominated the North America Power Device Analyzer Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $94.6 million by 2027. The Canada market is poised to grow at a CAGR of 6.7% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 5.8% during (2021 - 2027).
Based on Type, the market is segmented into Both AC & DC, AC, and DC. Based on Current, the market is segmented into Below 1000 A and Above 1000 A. Based on End User, the market is segmented into Automotive, Consumer Electronics & Appliances, Energy, Telecommunication, Medical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Power Device Analyzer Market is Estimated to reach $597.7 Million by 2027, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hioki E.E. Corporation, Newtons4th Ltd., Carlo Gavazzi Holding AG, Keysight Technologies, Inc., Yokogawa Electric Corporation, Rohde & Schwarz GmbH & Co. KG, Texas Instruments, Inc., PCE Instruments, Dewesoft d.o.o., and Fortive Corporation (Fluke Corporation).
Scope of the Study
Market Segments Covered in the Report:
By Type
By Current
By End User
- Automotive
- Consumer Electronics & Appliances
- Energy
- Telecommunication
- Medical
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hioki E.E. Corporation
- Newtons4th Ltd.
- Carlo Gavazzi Holding AG
- Keysight Technologies, Inc.
- Yokogawa Electric Corporation
- Rohde & Schwarz GmbH & Co. KG
- Texas Instruments, Inc.
- PCE Instruments
- Dewesoft d.o.o.
- Fortive Corporation (Fluke Corporation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Power Device Analyzer Market, by Type
1.4.2 North America Power Device Analyzer Market, by Current
1.4.3 North America Power Device Analyzer Market, by End User
1.4.4 North America Power Device Analyzer Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Power Device Analyzer Market by Type
3.1 North America Both AC & DC Market by Country
3.2 North America AC Market by Country
3.3 North America DC Market by Country
Chapter 4. North America Power Device Analyzer Market by Current
4.1 North America Below 1000 A Market by Country
4.2 North America Above 1000 A Market by Country
Chapter 5. North America Power Device Analyzer Market by End User
5.1 North America Automotive Market by Country
5.2 North America Consumer Electronics & Appliances Market by Country
5.3 North America Energy Market by Country
5.4 North America Telecommunication Market by Country
5.5 North America Medical Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Power Device Analyzer Market by Country
6.1 US Power Device Analyzer Market
6.1.1 US Power Device Analyzer Market by Type
6.1.2 US Power Device Analyzer Market by Current
6.1.3 US Power Device Analyzer Market by End User
6.2 Canada Power Device Analyzer Market
6.2.1 Canada Power Device Analyzer Market by Type
6.2.2 Canada Power Device Analyzer Market by Current
6.2.3 Canada Power Device Analyzer Market by End User
6.3 Mexico Power Device Analyzer Market
6.3.1 Mexico Power Device Analyzer Market by Type
6.3.2 Mexico Power Device Analyzer Market by Current
6.3.3 Mexico Power Device Analyzer Market by End User
6.4 Rest of North America Power Device Analyzer Market
6.4.1 Rest of North America Power Device Analyzer Market by Type
6.4.2 Rest of North America Power Device Analyzer Market by Current
6.4.3 Rest of North America Power Device Analyzer Market by End User
Chapter 7. Company Profiles
7.1 Hioki E.E. Corporation
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Product Launches and Product Expansions:
7.2 Carlo Gavazzi Holding AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.3 Newtons4th Ltd.
7.3.1 Company Overview
7.4 Keysight Technologies, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 Yokogawa Electric Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisitions and Mergers:
7.6 Fortive Corporation (Fluke Corporation)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Dewesoft d.o.o.
7.7.1 Company Overview
7.8 PCE Instruments
7.8.1 Company Overview
7.9 Rohde & Schwarz GmbH & Co. KG
7.9.1 Company Overview
7.10. Texas Instruments, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis
TABLE 1 North America Power Device Analyzer Market, 2017 - 2020, USD Thousands
TABLE 2 North America Power Device Analyzer Market, 2021 - 2027, USD Thousands
TABLE 3 North America Power Device Analyzer Market by Type, 2017 - 2020, USD Thousands
TABLE 4 North America Power Device Analyzer Market by Type, 2021 - 2027, USD Thousands
TABLE 5 North America Both AC & DC Market by Country, 2017 - 2020, USD Thousands
TABLE 6 North America Both AC & DC Market by Country, 2021 - 2027, USD Thousands
TABLE 7 North America AC Market by Country, 2017 - 2020, USD Thousands
TABLE 8 North America AC Market by Country, 2021 - 2027, USD Thousands
TABLE 9 North America DC Market by Country, 2017 - 2020, USD Thousands
TABLE 10 North America DC Market by Country, 2021 - 2027, USD Thousands
TABLE 11 North America Power Device Analyzer Market by Current, 2017 - 2020, USD Thousands
TABLE 12 North America Power Device Analyzer Market by Current, 2021 - 2027, USD Thousands
TABLE 13 North America Below 1000 A Market by Country, 2017 - 2020, USD Thousands
TABLE 14 North America Below 1000 A Market by Country, 2021 - 2027, USD Thousands
TABLE 15 North America Above 1000 A Market by Country, 2017 - 2020, USD Thousands
TABLE 16 North America Above 1000 A Market by Country, 2021 - 2027, USD Thousands
TABLE 17 North America Power Device Analyzer Market by End User, 2017 - 2020, USD Thousands
TABLE 18 North America Power Device Analyzer Market by End User, 2021 - 2027, USD Thousands
TABLE 19 North America Automotive Market by Country, 2017 - 2020, USD Thousands
TABLE 20 North America Automotive Market by Country, 2021 - 2027, USD Thousands
TABLE 21 North America Consumer Electronics & Appliances Market by Country, 2017 - 2020, USD Thousands
TABLE 22 North America Consumer Electronics & Appliances Market by Country, 2021 - 2027, USD Thousands
TABLE 23 North America Energy Market by Country, 2017 - 2020, USD Thousands
TABLE 24 North America Energy Market by Country, 2021 - 2027, USD Thousands
TABLE 25 North America Telecommunication Market by Country, 2017 - 2020, USD Thousands
TABLE 26 North America Telecommunication Market by Country, 2021 - 2027, USD Thousands
TABLE 27 North America Medical Market by Country, 2017 - 2020, USD Thousands
TABLE 28 North America Medical Market by Country, 2021 - 2027, USD Thousands
TABLE 29 North America Others Market by Country, 2017 - 2020, USD Thousands
TABLE 30 North America Others Market by Country, 2021 - 2027, USD Thousands
TABLE 31 North America Power Device Analyzer Market by Country, 2017 - 2020, USD Thousands
TABLE 32 North America Power Device Analyzer Market by Country, 2021 - 2027, USD Thousands
TABLE 33 US Power Device Analyzer Market, 2017 - 2020, USD Thousands
TABLE 34 US Power Device Analyzer Market, 2021 - 2027, USD Thousands
TABLE 35 US Power Device Analyzer Market by Type, 2017 - 2020, USD Thousands
TABLE 36 US Power Device Analyzer Market by Type, 2021 - 2027, USD Thousands
TABLE 37 US Power Device Analyzer Market by Current, 2017 - 2020, USD Thousands
TABLE 38 US Power Device Analyzer Market by Current, 2021 - 2027, USD Thousands
TABLE 39 US Power Device Analyzer Market by End User, 2017 - 2020, USD Thousands
TABLE 40 US Power Device Analyzer Market by End User, 2021 - 2027, USD Thousands
TABLE 41 Canada Power Device Analyzer Market, 2017 - 2020, USD Thousands
TABLE 42 Canada Power Device Analyzer Market, 2021 - 2027, USD Thousands
TABLE 43 Canada Power Device Analyzer Market by Type, 2017 - 2020, USD Thousands
TABLE 44 Canada Power Device Analyzer Market by Type, 2021 - 2027, USD Thousands
TABLE 45 Canada Power Device Analyzer Market by Current, 2017 - 2020, USD Thousands
TABLE 46 Canada Power Device Analyzer Market by Current, 2021 - 2027, USD Thousands
TABLE 47 Canada Power Device Analyzer Market by End User, 2017 - 2020, USD Thousands
TABLE 48 Canada Power Device Analyzer Market by End User, 2021 - 2027, USD Thousands
TABLE 49 Mexico Power Device Analyzer Market, 2017 - 2020, USD Thousands
TABLE 50 Mexico Power Device Analyzer Market, 2021 - 2027, USD Thousands
TABLE 51 Mexico Power Device Analyzer Market by Type, 2017 - 2020, USD Thousands
TABLE 52 Mexico Power Device Analyzer Market by Type, 2021 - 2027, USD Thousands
TABLE 53 Mexico Power Device Analyzer Market by Current, 2017 - 2020, USD Thousands
TABLE 54 Mexico Power Device Analyzer Market by Current, 2021 - 2027, USD Thousands
TABLE 55 Mexico Power Device Analyzer Market by End User, 2017 - 2020, USD Thousands
TABLE 56 Mexico Power Device Analyzer Market by End User, 2021 - 2027, USD Thousands
TABLE 57 Rest of North America Power Device Analyzer Market, 2017 - 2020, USD Thousands
TABLE 58 Rest of North America Power Device Analyzer Market, 2021 - 2027, USD Thousands
TABLE 59 Rest of North America Power Device Analyzer Market by Type, 2017 - 2020, USD Thousands
TABLE 60 Rest of North America Power Device Analyzer Market by Type, 2021 - 2027, USD Thousands
TABLE 61 Rest of North America Power Device Analyzer Market by Current, 2017 - 2020, USD Thousands
TABLE 62 Rest of North America Power Device Analyzer Market by Current, 2021 - 2027, USD Thousands
TABLE 63 Rest of North America Power Device Analyzer Market by End User, 2017 - 2020, USD Thousands
TABLE 64 Rest of North America Power Device Analyzer Market by End User, 2021 - 2027, USD Thousands
TABLE 65 Key Information – HIOKI E.E. CORPORATION
TABLE 66 Key Information – Carlo Gavazzi Holding AG
TABLE 67 Key Information – Newtons4th Ltd.
TABLE 68 Key Information – Keysight Technologies, Inc.
TABLE 69 Key Information – Yokogawa Electric Corporation
TABLE 70 Key Information –fortive corporation
TABLE 71 Key Information – Dewesoft d.o.o.
TABLE 72 KEY INFORMATION – PCE INSTRUMENTS
TABLE 73 Key Information – Rohde & Schwarz GmbH & Co. KG
TABLE 74 Key Information – Texas Instruments, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Texas Instruments, Inc.