Power Device Analyzer Market 2022 Technologies, Applications, Strategies & Forecast 2030

Power Device Analyzer Market Top Contenders

The key players operating and profiled in the power device analyzer market report include Arbiter Systems, CARLO GAVAZZI HOLDING AG Ltd., Circutor (Spain), Delta Electronics, Dewesoft D O O, Hioki E E Corporation (Japan), Iwatsu Electric (Japan), Keysight Technologies, Rohde & Schwarz (Germany), and Texas Instruments (U.S.).

According to a new report published by Allied Market Research, the global power device analyzer market size was valued at $423.25 million in 2021 and is estimated to reach $616.79 million by 2030, growing at a CAGR of 4.3% from 2022 to 2030.

Power device analyzer markets are highly used in medical, electrical & electronics, and other industries. In addition, rapid expansion of healthcare industry across the globe may act as the major driving factor for the growth of the market.

Rise in demand for Power device analyzer market in electronic industry is expected to provide growth opportunity for the market.

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Asia-Pacific registered the highest power device analyzer market share and is projected to maintain the same during the forecast period.

On the basis of current, the below 1000A segment emerged as the global leader in 2021 and is anticipated to be the largest markets during the forecast period.

On the basis of end user, the automotive segment registered the highest market share and is projected to maintain the same during the forecast period.

On the basis of type, the both AC & DC segment emerged as the global leader in 2021 and is anticipated to be the largest markets during the forecast period.

Power analyzers can be used to measure the flow of energy in either alternating current (AC) or direct current (DC) systems – with distinct considerations for measuring AC circuits.

The determination of an electrical signal’s true RMS (root mean square) time period underlines each of the subsequent calculations performed by the measuring instrument.

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This is complicated by AC measurements, where root mean square is typically expressed as an equivalent DC value. To accurately determine the true RMS of an AC waveform, an average must be calculated across the cycle of the AC frequency. This is defined as the fundamental frequency of the circuit. Power analyzers can digitally detect frequency cycles to provide reliable RMS periods during power conversion.

Power analyzer detects the voltage and current of the system. Typical systems directly acquire individual voltages using voltage dividers, while a transformer is usually required to measure the current. This comprises a coil that measures the electrical field of a wire carrying a current, or a flux gate current transducer.

Impact of COVID-19

The COVID-19 pandemic has curtailed the movement of people and goods, across the globe, including in most of the regions in which production of power device analyzer system is on large scale. To limit the spread of COVID-19, a number of local, state, and national governments have imposed various restrictions on the conduct of business and travel, such as stay-at-home orders and quarantines that have led to a significant number of business slowdowns and closures.

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A power analyzer is used to measure the flow of power (w) in an electrical system. This refers to the rate of electrical transferal between a power source and a sink hence, the alternative expression of power is denoted as energy per second (J/s).

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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