Saudi Arabia Voltage Tester market
is expected to grow at a steady CAGR in the forecast period, 2023-2027. The presence of several initiatives taken by
the leading authorities to upgrade the existing infrastructure and the
development of megacity NEOM which is a smart city and is equipped with
advanced technologies and electronic devices is expected to fuel the demand for
voltage testers in the next five years. The improvement in the economic
conditions of the country is increasing the expenditure capacity of consumers
which in turn is expected to accelerate the Saudi Arabia voltage tester market
growth. The oil industry is the major revenue-generating in Saudi Arabia and to
create new avenues for income generation and reduce the dependence on the oil
industry is influencing the growth of the voltage tester market. The launch of
Saudi Vision 2030 and the National Transformation Policy 2021 is expected to
fuel the pace of industrialization in the country and invest in the development
of new technologies to improve the quality of life is expected to create
lucrative opportunities for the growth of the voltage tester market. Growing
internet penetration and the high adoption of consumers to buy through the
online channels is surging the sale of electronic devices requiring the quality
check to satisfy the certain safety standards is expected to fuel the growth of
the voltage tester market for the forecast period.
The Saudi Arabia Voltage Tester
market is segmented into product type, operation, frequency, application,
regional distribution, and company. Based on operation, the market can be
divided into handheld, portable, and fixed. The portable voltage tester is
expected to witness significant growth in the forecast period, 2023-2027. The
ease of carrying the voltage tester to the testing equipment and the facility
for easy operation is driving the growth of this segment.
The major players operating on the
Voltage Tester market are CEPCO, Sendan, Alfanar, Toshiba Middle East, Analog
Devices Inc., STMicroelectronics, Milwaukee Electric Tool Corporation, Texas
Instruments Inc., Panduit Corporation, Saudi Arabia, Testo Saudi Arabia, and
others. Major companies are developing advanced technologies and launching new
services to stay competitive in the market. Other competitive strategies
include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of Saudi
Arabia Voltage Tester market from 2017 to 2020.
- To estimate and forecast the market size of Saudi
Arabia Voltage Tester market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia Voltage
Tester market based on product type, operation, frequency, application, regional
distribution, and company.
- To identify dominant region or segment in the Saudi
Arabia Voltage Tester market.
- To identify drivers and challenges for Saudi
Arabia Voltage Tester market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia Voltage Tester market.
- To identify and analyze the profile of leading
players operating in Saudi Arabia Voltage Tester market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia Voltage Tester market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Saudi Arabia Voltage Tester market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Voltage Tester manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to Voltage Tester market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Product Type
·
Operation
·
Frequency
·
Application
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Regional scope
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Western Region, Northern and Central Region, Eastern Region,
Southern Region
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Key companies profiled
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CEPCO, Sendan, Alfanar, Toshiba Middle East, Analog Devices
Inc., STMicroelectronics, Milwaukee Electric Tool Corporation, Texas
Instruments Inc., Panduit Corporation, Saudi Arabia, Testo Saudi Arabia.
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Saudi Arabia Voltage
Tester market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- Saudi Arabia Voltage Tester Market, By Product Type:
- Contact Voltage Tester
- Non-Contact Voltage Tester
- Saudi Arabia Voltage Tester Market, By Operation:
- Saudi Arabia Voltage Tester Market, By Frequency:
- High-frequency tester
- High-frequency AC tester
- High-frequency DC tester
- Low-frequency tester
- Low-frequency AC tester
- Low-frequency DC tester
- Saudi Arabia Voltage Tester Market, By Application:
- Industrial
- Commercial
- Residential
- Saudi Arabia Voltage Tester Market, By Region:
- Western Region
- Northern & Central Region
- Eastern Region
- Southern Region
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Saudi Arabia Voltage Tester market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Saudi Arabia Voltage Tester market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]