Electrical Test Equipment Market Report 2025 (Global Edition)

Global Electrical Test Equipment Market Report 2025 Market Size Split by Type (Stationary, Portable), by Application (Voltage Testing, Functionality Testing, Other Testing Applications), by Product (M...

Electrical Test Equipment Market Report Description

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Electrical Test Equipment Market Insights Video

Company Profile

Megger

Megger specializes in offering electrical test, measurement and other products. The company also specializes in offering insulation tester. The products offered in the portfolio are circuit breaker analyzers, telecom testing, cable testing, diagnostics, voltage testers, multimeters, portable appliance tester, instrument transformer testing, static electric motor analyzer, and others. These products find application across power transformer, communication system battery, cable test, water leak detection, and others.

RECENT NEWS

• November 2020, Megger had acquired Balto range

Megger has engaged in acquisition with Balto range to strengthen and expand the high-speed electric circuit breakers.

Keysight Technologies

Keysight Technologies is the US based manufacturer of electronic test and measurement equipment and software. The company operates through two operating segments, the communications solutions group and the electronic industrial solutions group. These group offers electronic design and test software, electronic measurement instruments and systems and related services used in the simulation, design, validation, manufacturing, installation and optimization of electronic equipment.

The company offers solutions across a wide range of industries, including commercial communications; networking; aerospace, defense and government; automotive; energy; semiconductor; general electronics; and education.

RECENT NEWS

• November 2021, Keysight and Proventia collaborated to optimize electric vehicle battery test solutions.

Keysight and Proventia collaborated to improve electric vehicle (EV) battery test solutions. The collaboration between Keysight and Proventia delivers a location-independent and safe test lab with rapid implementation time. 

• October, 2021, Keysight Technologies acquired SCALABLE Network Technologies

Keysight Technologies has acquired SCALABLE Network Technologies, a leader in communications network simulation and modeling solutions for design, test and analysis, as well as cyber assessment and training.

Top Companies Market Share in Electrical Test Equipment Industry: (In no particular order of Rank)

• AEMC Instruments (Chauvin Arnoux Inc.)
• Beha-Amprobe GmbH
• Electrical Test Instruments LLC (ETI)
• Fluke Corporation
• HAEFELY HIPOTRONICS (Hubbell Incorporated)
• Kyoritsu Electrical Instruments Works Ltd.
• Megger Group Limited
• PCE Holding GmbH
• Scientific Mes-Technik Pvt. Ltd
• Testo SE & Co. KGaA
• Keysight Technologies Inc
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Electrical Test Equipment Market Regional Analysis

On the basis of Geographical Split we have analysed the said market on Global Level, ^ majaor Regions and Top perfromaing countries.

The market estimations and forecasts presented in this report are based on a thorough analysis of trends and growth rates, with 2024 serving as the base year. To facilitate a deeper understanding of our conclusions, the report incorporates a range of visual aids, including figures, graphs, pie charts, tables, and bar graphs. These illustrations provide a detailed analysis of current trends at the country and regional levels.

This comprehensive research report also examines key factors influencing the Electrical Test Equipment market, such as profitability, product pricing, capacity, production, supply and demand dynamics, and market growth rates. By assessing these critical factors, the report provides a clear and authoritative outlook on the future prospects of the Electrical Test Equipment market.

 

The current report Scope analyzes Electrical Test Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Electrical Test Equipment Market Analysis

Electrical Test Equipment Market, by Type

Stationary

The Stationary Market size in Electrical Test Equipment Market will be USD 2,118.89 Million by 2029.

Electrical testing equipment that is stationary is utilized in a variety of industrial applications. These tools and equipment are installed in a specific location and aid in the measurement of electric current. They execute meter calibration and verification operations automatically for meters with or without a test connection.

Portable

The most commonly utilized electrical test equipment is portable electrical test equipment. It can be transported to any desired location. The Portable Test Equipment is made up of an integrated current and voltage source as well as an electronic reference standard with an accuracy class of 0.05 percent or 0.02 percent.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Electrical Test Equipment Industry. Request a Free Sample PDF!

Electrical Test Equipment Market, by Application

Voltage Testing

The Voltage Testing segment Revenue in Electrical Test Equipment market is projected to reach USD 4,488.55 Million by 2029.

High Voltage testing is often conducted to qualify the item for safe operation under rated electrical circumstances, as well as to evaluate the efficacy of its insulation. Voltage meters, neon circuit testers, inductance testers, multimeters, and other electrical test equipment are frequently used for this purpose.

Functionality Testing

Electrical testing relies heavily on functional testing. It involves examining whether machinery, appliances, circuits, and other items are in good functioning order. Functionality testing also determines whether or not the desired amount of electricity is going through. It contributes to lower equipment maintenance costs.

Other Testing Applications

Electrical testing equipment can also be used to determine current, resistance, power, continuity, and other factors. Current testers use the theory of electromagnetic induction to find defects in conductive materials. Similarly, numerous types of electrical testing equipment, such as a multimeter, are used to test resistance.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Electrical Test Equipment Product Segment Analysis

Multimeters

The Multimeters segment Revenue in Electrical Test Equipment market is anticipated to reach USD 2,181.48 Million by 2029.

Multimeters are test instruments that are used to measure two or more electrical variables, such as voltage (volts), current (amps), and resistance (ohms). It can also be used to assess the continuity of an electrical circuit between two places. These multimeters could be analog or digital in nature.

Power Quality Analyzer

A power quality analyzer measures electric power signals in order to assess the load's ability to function effectively with that power. It can also detect harmonic distortion, which is a disturbance connected to integer multiples of the basic power frequency.

Portable Appliance Testers

Appliance testers are equipment that are used in electrical inspections on a regular basis. It is also used to determine whether or not the appliances are safe to use. Its goal is to assure the safety of electrical equipment and, as a result, to decrease workplace accidents and injuries.

Voltage Meters

A voltmeter, often known as a voltage meter, is an instrument used to measure the potential difference, or voltage, between two points in an electrical or electronic circuit. Some voltmeters are designed for use in direct current (DC) circuits, while others are intended for use in alternating current (AC) circuits.

Inductance Testers

Inductance testers are used to check for voltage in cables or devices without touching any wires or equipment. It detects voltage in electrical wiring, outlets, circuit breakers, lamp cables, light sockets, and switches.

Neon Voltage Testers

An electrician's most important instrument is a neon tester. A neon tester's primary role is to detect the presence of electricity in a conductor, busbar, socket, or any other electrical circuit. It can be working by touching one tester probe to a hot wire, screw terminal, or outlet slot and the other probe to a neutral or ground contact to utilize a neon voltage tester.

Continuity Tester

A continuity tester is a kind of electrical test equipment used to assess if an electrical channel can be built between two places, i.e., whether an electrical circuit can be formed. It is battery-powered and features a probe on one end and a cable with an alligator clip or another probe on the other.

Circuit Analyzers

The circuit analyzer examines different wiring issues such as proper wiring, polarity reversal, dull power, faulty grounds, arc faults, and other issues. Circuit analyzers do not require batteries; they just connect into an outlet to do the test. It is needed for every electrician's test tool box.

Other Products

Several other electrical test equipment on the market includes current clamps, hipot testers, phasing testers, megohmmeters, and others. Megohmmeters are a quick and easy technique to check the insulation on wires, generators, and motor windings. A current clamp monitors the electric current flowing through a wire, cable, busbar, or other conductor.

• Multimeters
• Power Quality Analyzer
• Portable Appliance Testers
• Voltage Meters
• Inductance Testers
• Neon Voltage Testers
• Continuity Tester
• Circuit Analyzers
• Other

Electrical Test Equipment End User Segment Analysis

Energy & Power

The Energy & Power segment Revenue in Electrical Test Equipment market is projected to reach USD 2,626.35 Million by 2029.

For producers and operators in the energy and power sector, safe equipment and systems, adequate procedures, and adequately educated workers are critical. Electrical test equipment aids in this process, which evaluates a variety of items including cables, switchgear, busbars, circuit breakers, and transformers. It also assist with a variety of services ranging from type testing and product monitoring to factory acceptance tests.

Aerospace & Defense

The electronics and technology employed in the defense and aerospace industries has to be completely efficient. This is accomplished through the use of electrical testing equipment. It ensures that the equipment does not malfunction and cause harm, or that it provides less utility than it should.

Manufacturing

Numerous electric devices are widely employed in the manufacturing business for a variety of applications. Electrical testing equipment assists the manufacturing industry in determining voltage, current, and other factors. It is essential for both preventive and predictive maintenance.

Consumer Electronics

Consumer electronics must guarantee that the goods meet the quality and safety criteria of their target markets. Electrical test equipment guarantees that the desired current flows through the electronics. It reduces electricity-related accidents at both the consumer and production levels.

Oil and Gas

Companies in the oil and natural gas industries are frequently challenged to put in place functional electrical systems that can meet the energy demands without sacrificing safety and dependability. This is accomplished through the use of electrical testing equipment. It ensures a secure and dependable power supply by utilizing cutting-edge information management systems that can be modified to meet a variety of needs.

Other

Several other industries such as construction, automobiles, transportation and others utilize electrical test equipment’s. With rising usage of electric vehicle, electrical testing equipment become an essential part of automobile industry. Similarly, currently transportation and construction industries are often using several electric devices which necessitates the electric test equipment market.

• Energy & Power
• Aerospace & Defense
• Manufacturing
• Consumer Electronics
• Oil and Gas
• Other

Electrical Test Equipment Technology  Segment Analysis

• Analog
• Digital
• Hybrid  

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion