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The global Power Device Analyzer market size will grow to USD 577 million by 2026 (forecast year) from USD 457 million in 2021 (estimated year), at a CAGR of 4.8% during the forecast period.A power device analyzer is used to measure a variety of parameters associated with power consumption and generation.
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Power Device Analyzer Market by Type (Both AC and DC, AC and DC), Current (Below 1000A and Above 1000A), End user (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical), and Region - Global Forecast to 2026 www.MarketsandMarkets.com
The power device analyzer market is expected to grow from an estimated USD 457 million in 2021 to USD 577 million by 2026, at a CAGR of 4.8% during the forecast period. Power device analyzer is increasingly being installed and is showing robust growth. View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/power-device-analyzer-market-259267665.html
The Both AC and DC segment is expected to dominate the power device analyzer market, by type, during the forecast period. Both AC and DC type segment accounted for the largest share of the Power device analyzer market, by type, in 2020. Both AC and DC type segment is projected to account for a larger market share, driven by the government initiatives toward implementing energy audits with an increase in mandatory regulations, growing demand for electric vehicles (EVs), and a growing market for Internet of Things (IoT) are driving the market for both AC and DC segment. Moreover, increasing energy audit and mandates from governments across the globe is likely to boost the demand for power analyzers. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=259267665
The below 1000A current segment is expected to dominate the power device analyzer market, by current, during the forecast period. The below 1000A segment accounted for the largest share of the power device analyzer market, by current, in 2020. Majority of projects are undertaken in this segment. 1000A are used across various end user industries, such as automotive, energy, aerospace & defense, wireless communication, and healthcare equipment manufacturing. Some of the major products used in the automotive and energy sectors are PWM Inverters, AC/DC converters, solar arrays, UPS (uninterrupted power supply), and high frequency power electronics. These products need power device analyzers for testing the quality of power supplied and various other parameters related to power supply. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259267665
The automotive segment is expected to dominate the power analyzer market, by end user, during the forecast period. The automotive segment accounted for the largest share of the power device analyzer market, by end user, in 2020. The automotive segment held a 21.3% share of the power device analyzer market in 2020. Power device analyzers are utilized in testing power conversion systems, where energy from one form is converted to another form. Power conversion systems are used in different parts of different products in the automobile sector, such as passenger automobiles, light trucks, sports utility vehicles, and commercial vehicles.
Browse >> 178market data tables 45figures 205 pagesand in-depth TOC on “Power Device Analyzer Market - Global Forecast to 2026” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific has strong demand for power device analyzer market Asia Pacific held 54.2% share of the global power device analyzer market in 2020. This regional market is segmented into China, Japan, South Korea, Australia, India, and the Rest of Asia Pacific. The growth of this region is supported by an increase in demand for electric vehicles (EVs) and a rise in stringent government policies. For instance, in April 2021, the government of China mandated that a certain percent of all vehicles sold by a manufacturer each year must be battery powered. Furthermore, to avoid financial penalties, manufacturers must earn a stipulated number of points in a year, which are awarded for each EV produced. By 2030, the targeted sales for EVs in China are aimed to account for 40% of all car sales. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=259267665
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Power Device Analyzer Market. These include • Keysight Technologies (US), • Yokogawa (Japan), • Fluke Corporation (US), • Iwatsu Electric (Japan), • Hioki E E Corporation (Japan) and many more... • Buy Now : - https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=259267665
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