Power device analyzer market is anticipated to grow at a CAGR of 4.8% during the forecast period (2024-2031). The factors driving the growth for power device analyzer market are an easy configuration of power channel, voltage, and current measurement (3kv and 1500 A), and temperature measurement range from -50 to 250°C. Also features like its unique software interface, easy test navigator, unique plug-in style device adaptor, high performance, and high-power efficiency are expected to drive market growth for power device analyzer. In addition to its feature, the rapid expansion of the electric vehicle market as a result of the hazardous emissions by the automobile sector is also driving the power device analyzer market.
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The concerns regarding reducing energy consumption and carbon footprint are increasing. Thus, the demand for power-efficient devices such as power device analyzers is expanding. Power device analyzers help test and optimize power consumption, propelling the market growth. Globally the adoption of smartphones, tablets, and other consumer electronics devices is rising; thus, demand for power analyzers is rising in the market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Power Device Analyzer Market by Type
- AC
- DC
- Both AC and DC
Global Power Device Analyzer Market by Current
- Below 1000A
- Above 1000A
Global Power Device Analyzer Market by Technology
- Automotive
- Energy
- Telecommunication
- Consumer Electronics and Appliances
- Medical
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Advantest Corp.
- Arbiter Systems
- B&K Precision Corp.
- Carlo Gavazzi Holding AG LTD.
- Chroma ATE Inc.
- CIRCUTOR
- Delta Electronics, Inc.
- Dewesoft d.o.o.
- DEWETRON GmbH
- Extech Instruments
- Magtrol
- Newtons4th Ltd.
- PCE Instruments
- Rohde & Schwarz
- Tektronix Inc.
- Texas Instruments Inc.
- Vitrek
- Yokogawa Test & Measurement Corp.
- ZES ZIMMER Electronic Systems GmbH
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global power device analyzer market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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