Global Power Device Analyzer Market Likely To Expand Gradually At A (CAGR) of 4.3% during the forecast period 2024-2032

Zion Market Research has published a new report titled “Global Power Device Analyzer Market –By Type (AC, and Both AC & DC), By Current (Below 1000 A and Above 1000 A), By End-User (Consumer Electronics, Automotive, Wireless Communication, Energy, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Power Device Analyzer Market was valued at USD 521.3 Million in 2023 and is projected to hit USD 791.7 Million by 2032, with a compound annual growth rate (CAGR) of 4.3% during the forecast period 2024-2032.

Browse the full “Global Power device analyzer Market – By Type (AC, and Both AC & DC), By Current (Below 1000 A and Above 1000 A), By End-User (Consumer Electronics, Automotive, Wireless Communication, Energy, and Others), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2024-2032.” Report at https://www.zionmarketresearch.com/report/power-device-analyzer-market

The rising adoption of power-saving & high-performance devices in healthcare and consumer electronics sectors is the key factor escalating the global power device analyzer market growth. Moreover, the breakneck expansion of the electric vehicle market owing to the hazardous emission by the automobile sector is also fueling the power device analyzer market.

“The both AC and DC” category under type segment likely to dominate the global power device analyzer market during the projected timeframe

The both AC and DC power category under type segment is projected to flourish at the fastest rate during the forecast period. The component is primarily used for the system- and component-level analysis. It is also used in testing electric vehicles, ballasts, wireless battery charging, lighting consumer products, three-phase motors, and solar panels. Swiftly emerging electric vehicle and renewable energy sectors are projected to escalate the AC and DC segment of the power device analyzer market.

The end-user “consumer electronics” category is likely to dominate the global power device analyzer market during 2024-2032

In 2019, the consumer electronics category held the foremost position by capturing the major share of the global power device analyzer market. The category is expected to attain the leading position in the coming years owing to the surging growth for consumer electronics items such as smartphones, smartwatches, air-condition, laptops, refrigerators, and smart TVs.

The Asia Pacific is projected to dominate in the global power device analyzer market in the coming years

The swift expansion of industrial automation in Japan- and India-like nations and the rising demand for tech-based consumer electronics are majorly propelling the Asia Pacific power device analyzer market. Moreover, government-imposed stringent regulations and inexorable standards for electronics usage in developing economies such as India, China, and Japan are supporting the regional market.

Some of the key players driving the global power device analyzer market are Rohde & Schwarz, Newtons4th, Yokogawa, Iwatsu, Hioki E.E. Corporation, Keysight Technologies, and Fortive, among others.

The global power device analyzer market is segmented as:

Global Power Device Analyzer Market: Type Segmentation Analysis

• AC
• Both AC & DC

Global Power Device Analyzer Market: Current Segmentation Analysis

• Below 1000 A
• Above 1000 A

Global Power Device Analyzer Market: End-User Segmentation Analysis

• Consumer Electronics
• Automotive
• Wireless Communication
• Energy
• Others

Global Power Device Analyzer Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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