Market Research Logo

Global Electrical Testers Market 2017-2021

Global Electrical Testers Market 2017-2021

About Electrical Testers

Electrical testers refer to the equipment that is used to test the presence or absence of electric current. These can be simple equipment to test if electricity is present or absent in a given circuit, or they might even be complex equipment that requires multiple testing for high-voltage applications.

Electrical testers find application in almost all places where electricity is involved. Electricity is used everywhere, including in industrial sites, commercial spaces, and residential buildings. As consumer electronics have semiconductor chips embedded in them, their production involves the use of electrical testers. Testers provide an easy, fast, and reliable way to check electrical conditions, prior to the repair or maintenance of a circuit.

Technavio’s analysts forecast the global electrical testers market to grow at a CAGR of 3.52% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electrical testers market for 2017-2021. To calculate the market size, the report considers the demand for electrical testers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electrical Testers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Fluke
  • Keysight Technologies
  • Rohde & Schwarz
  • Tektronix
Other prominent vendors
  • B&K Precision
  • EXFO
  • Metrel
  • National Instruments
  • TESSCO
  • Yokogawa Electric
Market driver
  • Growth of semiconductor industry
  • For a full, detailed list, view our report
Market challenge
  • Uncertainty in global economic growth
  • For a full, detailed list, view our report
Market trend
  • Rapid industrialization in APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Electrical Testers Market 2017-2021

Technavio recognizes the following companies as the key players in the global electrical testers market: Fluke, Keysight Technologies, Rohde & Schwarz, and Tektronix.

Other Prominent Vendors in the market are: B&K Precision, EXFO, Metrel, National Instruments, TESSCO, and Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rapid industrialization in APAC. Industrial production is the prime growth driver for the global economy, contributing as much as 26% to the global GDP in 2014. Global economic growth has been recovering considerably since the downturn in 2008, driven particularly by the robust growth in manufacturing in most regions. The average manufacturing value added by countries such as India, China, and Indonesia expanded by 5% in 2014 while, in contrast, that of the developed countries stood at 1%.”

According to the report, one of the major drivers for this market is growth of semiconductor industry. The semiconductor industry makes use of electrical testers. The strong growth of the semiconductor and electronics industry in APAC is driving the growth of the market. The major reason for the boom in these sectors is due to the growing penetration of smartphones.

Further, the report states that one of the major factors hindering the growth of this market is uncertainty in global economic growth. Fluctuations in the global economy, especially in regions with a high number of original design manufacturers (ODMs) and original equipment manufacturers (OEMs) of electrical and electronic devices, reduce the credit available to manufacturers and raise the interest rates. The increase in interest rates leads to higher cost of manufacturing, thus raising the price of the product. Higher prices impact market demand, which may negatively affect the net sales revenue of vendors.

Companies Mentioned

Fluke, Keysight Technologies, Rohde & Schwarz, Tektronix, B&K Precision, EXFO, Metrel, National Instruments, TESSCO, and Yokogawa Electric.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Different types of electrical testers
      • Table Global electrical testers market by geography 2016-2021
  • Market landscape
    • Market overview
      • Table Global electrical testers market overview
      • Table Global electrical testers market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global electrical testers market by end-user 2016 and 2021
    • Semiconductors and consumer electronics sector
      • Table Global electrical testers market in semiconductor and consumer electronics sector 2016-2021 ($ millions)
      • Table Global sales of desktops, laptops, and tablets 2011-2016 (% growth rate)
    • Industrial sector
      • Table Global electrical testers market in industrial sector 2016-2021 ($ millions)
    • Automotive sector
      • Table Global electrical testers market in automotive sector 2016-2021 ($ millions)
    • Aerospace and defense sector
      • Table Global electrical testers market in aerospace and defense sector 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global electrical testers market by geography 2016 and 2021
    • Electrical testers market in Americas
      • Table Electrical tester market in Americas 2016-2021 ($ millions)
    • Electrical testers market in APAC
      • Table Electrical testers market in APAC 2016-2021 ($ millions)
    • Electrical testers market in EMEA
      • Table Electrical testers market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Rapid industrialization in APAC
    • Growth in automotive industry
    • Increase in number of data centers
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Fluke
      • Table Fluke: Product offerings
    • Keysight Technologies
      • Table Keysight Technologies: Product offerings
    • Rohde & Schwarz
      • Table Rohde & Schwarz: Product offerings
    • Tektronix
      • Table Tektronix: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report