Press release
Voltage Testers Market is expected to reach USD 2,687.59 Million by 2029 : Cognitive Market Research
Voltage Testers Market is expected to reach USD 2,687.59 Million by 2029 : Cognitive Market Research
• Voltage tester is simple tool that is used to determine flow of electrical current by placing an electrical tester at two points in the circuit. It is made up of a tiny neon bulb with two insulated wires that are attached to the bottom of the bulb housing. These wires are terminating in a metal test probe. Voltage tester is used with the current switched on to verify if current is flowing through a wire and to check for good grounding. It is also used to assess whether a wire has an acceptable voltage. Likewise, it helps to determine electrical items are functioning safely at the intended voltage level. Voltage testers are usually used on alternating current (AC) currents, while some can also be used on direct current (DC). There are two types of voltage testers including contact voltage tester and non-contact voltage testers.
Market Insights:
• The Global Voltage Testers Market is expected to reach USD 2,687.59 Million by the end of 2029, growing at a CAGR of 5.24% between 2022 and 2029.
• The Europe Voltage Testers market size is anticipated to reach USD 828.05 Million in 2029.
"To know more The Voltage Testers Market Insights click here: https://www.cognitivemarketresearch.com/voltage-testers-market-report
Market Drivers:
• Rising incidence of electricity related accidents
An electrical incident is an unintended occurrence generated by an electric current that results in serious injury or property damage. These can cause electric shock when a finger, hand, or arm is placed across an electric current. It also causes burn sometimes. Occasionally, these electric accident cause fire. According to the NIOSH National Traumatic Occupational Fatalities (NTOF) surveillance System on an average of 411 deaths per year are caused by electrocutions. Electrical incidents killed 166 electricians out of every 100,000 in 2019. Every year in the United States, it is estimated that 500-1,000 people die as a result of electrical injuries.
• Restraints for Voltage Testers Market
Inconsistent, high raw material prices and insufficient supply chain
• Opportunities for Voltage Testers Market
Rapid industrialization
Type
• Contact Tester
Contact voltage tester is widely used voltage tester. It is worked by touching one probe to hot wire, screw terminal, or outlet slot and another probe to a neutral or ground contact
• Non-Contact Tester
Non-contact voltage testers also known as inductance testers. It allows to check for voltage in wires or devices without touching any wires or parts. Non-contact voltage testers operate by sensing a very little current that is capacitively linked from the active circuit to the tester and back to ground. Non-contact voltage testers illuminate when they detect this current without requiring direct touch.
Application
• Residential
Voltage tester are used by several DIY homeowners. As it is easy to use and help houseowners to locate live circuits, it could safe for home use. A houseowners can use this voltage tester such as AC voltage tester when working with electrical work.
• Commercial
Numerous professional electricians employ a variety of testers to check a wide range of electrical functions in commercial electrical wiring. Numerous electricians often work with electric work either at the workplace or working with electric appliances. Voltage tester used by these electricians to maintain safety across the work.
• Industrial
Operation
• Fixed
• Handheld
• Portable
Frequency
• High-frequency Tester
• High-frequency AC Tester
• High-frequency DC Tester
• Low-frequency Tester
• Low-frequency AC Tester
• Low-frequency DC Tester
Get free sample pages of latest published Voltage Testers Report:
https://www.cognitivemarketresearch.com/voltage-testers-market-report/report_enquiry/4
Competitive Analysis for Voltage Testers Market:
Analog Devices Inc., Dawson Tools Inc., HD Electric, Milwaukee Electric Tool Corporation, Panduit, Seiko Instruments, Sibille Fameca Electric, STMicroelectronics, Toshiba Corporation, Texas Instruments Inc., Klein Tools Inc.
Klein Tools, Inc.
Klein Tools, Inc. is a US based manufacturer of hand tools. The products of the company are categorized into battery-operated tools, black & tackle, headlamps & flashlights, jobsite accessories, connecting devices, construction, drilling & homemaking, mining & heavy industry tools, personal protection & safety, steel construction tools, tool bags, tool kits, lineman buckets & accessories and others.
Texas Instruments Incorporated
Texas Instruments Incorporated is a Texas based semiconductor manufacturing company. The company operates in two segments are Analog and Embedded Processing. Its Analog segment includes the major product lines: Power, Signal Chain and High Volume.
RECENT NEWS
• September 2020
Klein Tools' launched New Non-Contact Voltage Testers Easily Switch Between Dual Ranges
Klein Tools, introduced two new non-contact voltage testers, both with dual range and a simple, intuitive user interface to make it easy to change between voltage detection ranges.
• June 2021
Texas Instruments Incorporated acquired Micron 300-mm semiconductor factory, extending TI's cost advantage and greater control of supply chain
Texas Instruments Incorporated (TI) announced it has signed an agreement to acquire Micron Technology's 300-mm semiconductor factory (or "fab") in Lehi, Utah, for $900 million.
Related Report:
• Voltage to Frequency Converter Market - https://www.cognitivemarketresearch.com/voltage-to-frequency-converter-market-report
• Voltage Variable Attenuators Market - https://www.cognitivemarketresearch.com/voltage-variable-attenuators-market-report
• Voltage Transducer Market - https://www.cognitivemarketresearch.com/voltage-transducer-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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