Global Clamp Meter Market Size study, by Type (Current transformer clamp meters, Hall effect clamp meters, Flexible clamp meters), by Application and Regional Forecasts 2022-2028

Description

List of Tables

Global Clamp Meter Market is valued at approximately USD 34.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.49% over the forecast period 2022-2028. Several clamp meters are available for industry-specific applications. On-field services, measurement safety, and others are examples of these applications. Its use is also prevalent in manufacturing units such as electronics, electrics, construction, and automotive, which drives clamp meter sales. Another factor driving the growth of the clamp meters market is the requirement to take accurate readings of the current flowing through a machine on a regular basis. Furthermore, because there is no physical contact between the conductor and its jaws, clamp meters are completely safe to use. Champetres measure to the nearest tenth or hundredth of a unit, whereas a digital multimeter can measure in milliunits, which is one of the major factors limiting the clamp meters market's growth. Key players are making strategic moves to leverage significant share in the market. For instance, A maker of electrical, cutting-edge construction-grade products for the irrigation, gas utility, and landscape lighting markets, King Innovation was acquired by Power Products, LLC in May 2018. The company's product line will be widened by this acquisition, enabling it to enter new markets and grow quickly in the electrical channel. Similarly, in 2018, Hioki introduced the AC Clamp Meter CM3289 with true RMS measurement. The CM3289 is an improved version of the AC Clamp Meter 3280-20F with a lower-profile sensor for easier use in tight spaces. Furthermore, the growing power generation and construction industries are driving up demand for clamp meters. Clamp meters are required for maintenance of the various types of wires and electric instruments used in the power generation industry.

The key regions considered for the global Clamp Meter market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Because of the region's extensive industrialization, Asia Pacific is expected to be a highly appealing market for clamp meter manufacturers. Asia Pacific is expected to be the most prosperous market in the coming years, owing to an increasing number of manufacturing companies focusing on expanding their operations and manufacturing units across Asia Pacific. Across the globe, the most promising and developing countries in North America will dominate the second market share within the next forecast period.

Major market players included in this report are:

Fluke Corporation

Ideal Industries

Amprobe Instrument Corporation

Extech Instruments

Kyoritsu Electrical Instruments Works Ltd.

UEi Test Instruments

Chauvin Arnoux Group

Etekcity Corporation

Milwaukee Electric Tool Corporation

Sperry Instruments

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByType:

Current transformer (AC) clamp meters

Hall effect (AC/DC) clamp meters

Flexible (AC) clamp meters

By Application:

Industrial equipment

Industrial controls

Electrical systems

Other commercial

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Clamp Meter Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Clamp Meters Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Clamp Meters Market, by Type, 2020-2028 (USD Billion)
- 1.2.3. Clamp Meters Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Clamp Meters Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Clamp Meters Market Dynamics

3.1. Clamp Meters Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand and wide range of applications clamp meter
  - 3.1.1.2. Rapidly growing automotive industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Increasing adoption of electronic devices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing power generation and construction industries

Chapter 4. Global Clamp Meters Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Clamp Meters Market, by Type

6.1. Market Snapshot
6.2. Global Clamp Meters Market by Type, Performance - Potential Analysis
6.3. Global Clamp Meters Market Estimates & Forecasts by Type, 2018-2028 (USD Billion)
6.4. Clamp Meters Market, Sub Segment Analysis
- 6.4.1. Current transformer (AC) clamp meters
- 6.4.2. Hall effect (AC/DC) clamp meters
- 6.4.3. Flexible (AC) clamp meters

Chapter 7. Global Clamp Meters Market, by Application

7.1. Market Snapshot
7.2. Global Clamp Meters Market by Application, Performance - Potential Analysis
7.3. Global Clamp Meters Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
7.4. Clamp Meters Market, Sub Segment Analysis
- 7.4.1. Industrial equipment
- 7.4.2. Industrial controls
- 7.4.3. Electrical systems
- 7.4.4. Other commercial

Chapter 8. Global Clamp Meters Market, Regional Analysis

8.1. Clamp Meters Market, Regional Market Snapshot
8.2. North America Clamp Meters Market
- 8.2.1. U.S. Clamp Meters Market
  - 8.2.1.1. Type breakdown estimates & forecasts, 2018-2028
  - 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Clamp Meters Market
8.3. Europe Clamp Meters Market Snapshot
- 8.3.1. U.K. Clamp Meters Market
- 8.3.2. Germany Clamp Meters Market
- 8.3.3. France Clamp Meters Market
- 8.3.4. Spain Clamp Meters Market
- 8.3.5. Italy Clamp Meters Market
- 8.3.6. Rest of Europe Clamp Meters Market
8.4. Asia-Pacific Clamp Meters Market Snapshot
- 8.4.1. China Clamp Meters Market
- 8.4.2. India Clamp Meters Market
- 8.4.3. JapanClamp Meters Market
- 8.4.4. Australia Clamp Meters Market
- 8.4.5. South Korea Clamp Meters Market
- 8.4.6. Rest of Asia Pacific Clamp Meters Market
8.5. Latin America Clamp Meters Market Snapshot
- 8.5.1. Brazil Clamp Meters Market
- 8.5.2. Mexico Clamp Meters Market
8.6. Rest of The World Clamp Meters Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Fluke Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Ideal Industries
- 9.2.3. Amprobe Instrument Corporation
- 9.2.4. Extech Instruments
- 9.2.5. Kyoritsu Electrical Instruments Works Ltd.
- 9.2.6. UEi Test Instruments
- 9.2.7. Chauvin Arnoux Group
- 9.2.8. Etekcity Corporation
- 9.2.9. Milwaukee Electric Tool Corporation
- 9.2.10. Sperry Instruments

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Clamp Meters Market, report scope
TABLE 2. Global Clamp Meters Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Clamp Meters Market estimates & forecasts by Type 2018-2028 (USD Billion)
TABLE 4. Global Clamp Meters Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 5. Global Clamp Meters Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Clamp Meters Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Clamp Meters Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Clamp Meters Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Clamp Meters Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Clamp Meters Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Clamp Meters Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Clamp Meters Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Clamp Meters Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Clamp Meters Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. India Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 34. India Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. Japan Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 37. Japan Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. RoAPAC Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 40. RoAPAC Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. Brazil Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 43. Brazil Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Mexico Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 46. Mexico Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. RoLA Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 49. RoLA Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. Row Clamp Meters Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 52. Row Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Clamp Meters Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Clamp Meters Market
TABLE 55. List of primary sources, used in the study of global Clamp Meters Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Clamp Meters Market, research methodology
FIG 2. Global Clamp Meters Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Clamp Meters Market, key trends 2021
FIG 5. Global Clamp Meters Market, growth prospects 2022-2028
FIG 6. Global Clamp Meters Market, porters 5 force model
FIG 7. Global Clamp Meters Market, pest analysis
FIG 8. Global Clamp Meters Market, value chain analysis
FIG 9. Global Clamp Meters Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Clamp Meters Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Clamp Meters Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Clamp Meters Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Clamp Meters Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Clamp Meters Market, regional snapshot 2018 & 2028
FIG 15. North America Clamp Meters Market 2018 & 2028 (USD Billion)
FIG 16. Europe Clamp Meters Market 2018 & 2028 (USD Billion)
FIG 17. Asia Pacific Clamp Meters Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Clamp Meters Market 2018 & 2028 (USD Billion)
FIG 19. Global Clamp Meters Market, company Market share analysis (2021)