Home / Semiconductor & Electronics / Current Measuring Devices Market By Output (Analog Ammeter, Digital Ammeter), By Type(Clamp Ammeter, Probe Ammeter, Fork Ammeter ), By Current Type (Ac Ammeter, Dc Ammeter, Hybrid Ammeter), By Application (Automotive, Industrial, Energy Management And Smart Grid, Residential ) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

Current Measuring Devices Market By Output (Analog Ammeter, Digital Ammeter), By Type(Clamp Ammeter, Probe Ammeter, Fork Ammeter ), By Current Type (Ac Ammeter, Dc Ammeter, Hybrid Ammeter), By Application (Automotive, Industrial, Energy Management And Smart Grid, Residential ) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

Published: Jun 2017 | Report Code: 58492-06-17

Current measurement is one of the most important aspects in industrial and power utilities sectors. In order to ensure safe installation and operation different electrical devices and machinery, it is highly essential to obtain accurate electrical measurements. Current measuring devices refer to measuring instruments used to determine the electric current in a given circuit/load. The current measurement is typically taken in amperes (A) as well as smaller units such as milliampere and microamperes. These devices are available in both analog and digital output.

The overall current measuring devices market is primarily driven by the ever-rising industrial manufacturing and processing sector worldwide. Industrial manufacturing and processing is among the largest consumers of electricity worldwide. Similarly, the sector is the largest consumer of heavy duty machinery requiring safe and consistent electricity supply. Current measuring devices are used to ensure appropriate current is being supplied to the machinery so as to ensure minimal damage.

Further, the market growth is driven by the continually rising power utility industry across the world. With the consistent rise in electricity consumption, the sector would continue to portray steady growth, fueling the related test and measuring equipment market. Another prominent factor propelling the market growth is continually residential and commercial sectors across the world. However, major challenge for the market players is high fragmentation in the market. Similarly, the market growth for conventional current measuring devices is also affected by the advent of multimeters used for measuring numerous quantities.

Current Measuring Devices Market

The report titled “Current Measuring Devices Market- Growth, Future Prospects and Competitive Landscape, 2017-2025 offers strategic insights into the global current measuring devices market with a focus on the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on output, types, current, application and cross-sectional study across different geographies. The study covers the analysis of each sub-segment for the years 2015 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading current measuring devices manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include Purkey's Fleet Electric, Inc., Beemet Instruments Pvt Ltd.,MetermasterNZ Ltd., Schneider Electric SE., National Instruments Corporation., Goliya Instruments Pvt. Ltd., PCE Instruments., HPL Electric & Power Ltd., KYORITSU ELECTRICAL INSTRUMENTS WORKS, LTD., HIOKI E.E. Corporation, GMC-I PROSYS Ltd., Rayleigh Instruments Limited., Blue Sea Systems, PacerGroup, Electro Industries/GaugeTech, and Brighton Electronics, Inc. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the current measuring devices.
  • Market fuellers, market impediments, and their impact on the market growth
  • Market inclination insights including and key trend analysis for current measuring devices market
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global current measuring devices market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Current Measuring Devices Market
2.2 Global Current Measuring Devices Market, By Output
2.3 Global Current Measuring Devices Market, By Type
2.4 Global Current Measuring Devices Market, By Current
2.5 Global Current Measuring Devices Market, By Application
2.6 Global Current Measuring Devices Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Current Measuring Devices Market Revenue, 2015 – 2025, (US$ Bn)
3.2 Key Market Trends
3.3 Market Drivers
3.3.1 Strong industrial manufacturing sector worldwide
3.3.2 Growing demand for electricity
3.4 Market Growth Inhibitors
3.4.1 High fragmentation and complexity in new designs
3.4.2 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Landscape
3.6.1 Market Positioning of Key Current Measuring Devices Manufacturers
3.6.2 Major Strategies Adopted by the Leading Players

Chapter 4 Global Current Measuring Devices Market, By Output
4.1 Overview
4.2 Analog Ammeter
4.2.1 Global Analog Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)
4.3 Digital Ammeter
4.3.1 Global Digital Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)

Chapter 5 Global Current Measuring Devices Market, By Type
5.1 Overview
5.2 Clamp Ammeter
5.2.1 Global Clamp Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)
5.3 Probe Ammeter
5.3.1 Global Probe Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)
5.4 Fork Ammeter
5.4.1 Global Fork Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)

Chapter 6 Global Current Measuring Devices Market, By Current Type
6.1 Overview
6.2 AC Ammeter
6.2.1 Global AC Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)
6.3 DC Ammeter
6.3.1 Global DC Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)
6.4 Hybrid Ammeter
6.4.1 Global Hybrid Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Bn)

Chapter 7 Global Current Measuring Devices Market, By Application
7.1 Overview
7.2 Automotive
7.2.1 Global Current Measuring Devices Market for Automotive Market Revenue and Growth, 2015 – 2025, (US$ Bn)
7.3 Industrial
7.3.1 Global Current Measuring Devices Market for Industrial Market Revenue and Growth, 2015 – 2025, (US$ Bn)
7.4 Energy Management and Smart Grid
7.4.1 Global Current Measuring Devices Market for Energy Management and Smart Grid Market Revenue and Growth, 2015 – 2025, (US$ Bn)
7.5 Residential
7.5.1 Global Current Measuring Devices Market for Residential Market Revenue and Growth, 2015 – 2025, (US$ Bn)

Chapter 8 North America Current Measuring Devices Market Analysis
8.1 Overview
8.2 North America Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Bn)
8.3 North America Current Measuring Devices Market Revenue, By Type, 2015 – 2025 (US$ Bn)
8.4 North America Current Measuring Devices Market Revenue, By Current Type, 2015 – 2025 (US$ Bn)
8.5 North America Current Measuring Devices Software Market Revenue, By Application, 2015 – 2025 (US$ Bn)
8.6 North America Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)
8.6.1 U.S. Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)
8.6.2 Canada Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)

Chapter 9 Europe Current Measuring Devices Market Analysis
9.1 Overview
9.2 Europe Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Bn)
9.3 Europe Current Measuring Devices Market Revenue, By Type, 2015 – 2025 (US$ Bn)
9.4 Europe Current Measuring Devices Market Revenue, By Current Type, 2015 – 2025 (US$ Bn)
9.5 Europe Current Measuring Devices Software Market Revenue, By Application, 2015 – 2025 (US$ Bn)
9.6 Europe Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)
9.6.1 UK Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)
9.6.2 France Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)
9.6.3 Germany Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)
9.6.4 Rest of Europe Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)

Chapter 10 Asia-Pacific Current Measuring Devices Market Analysis
10.1 Overview
10.2 Asia-Pacific Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Bn)
10.3 Asia-Pacific Current Measuring Devices Market Revenue, By Type, 2015 – 2025 (US$ Bn)
10.4 Asia-Pacific Current Measuring Devices Market Revenue, By Current Type, 2015 – 2025 (US$ Bn)
10.5 Asia-Pacific Current Measuring Devices Software Market Revenue, By Application, 2015 – 2025 (US$ Bn)
10.6 Asia-Pacific Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)
10.6.1 China Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)
10.6.2 Japan Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)
10.6.3 India Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)
10.6.4 Rest of Asia-Pacific Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Bn)

Chapter 11 Rest of the World (RoW) Current Measuring Devices Market Analysis
11.1 Overview
11.2 Rest of the World Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Bn)
11.3 Rest of the World Current Measuring Devices Market Revenue, By Type, 2015 – 2025 (US$ Bn)
11.4 Rest of the World Current Measuring Devices Market Revenue, By Current Type, 2015 – 2025 (US$ Bn)
11.5 Rest of the World Current Measuring Devices Software Market Revenue, By Application, 2015 – 2025 (US$ Bn)
11.6 Rest of the World Current Measuring Devices Market Revenue, By Region 2015-2025 (US$ Bn)
11.6.1 Middle East & Africa (MEA) Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)
11.6.2 Latin America Current Measuring Devices Market Revenue, 2015-2025 (US$ Bn)

Chapter 12 Company Profiles
12.1 Purkey's Fleet Electric, Inc.
12.1.1 Purkey's Fleet Electric, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
12.2 Beemet Instruments Pvt Ltd.
12.3 Metermaster NZ Ltd.
12.4 Schneider Electric SE.
12.5 National Instruments Corporation.
12.6 Goliya Instruments Pvt. Ltd.
12.7 PCE Instruments.
12.8 HPL Electric & Power Ltd.
12.9 KYORITSU ELECTRICAL INSTRUMENTS WORKS, LTD.
12.10 HIOKI E.E. Corporation
12.11 GMC-I PROSYS Ltd.
12.12 Rayleigh Instruments Limited.
12.13 Blue Sea Systems
12.14 PacerGroup
12.15 Electro Industries/GaugeTech
12.16 Brighton Electronics, Inc.

List OF Table : 

TABLE 1 Market Snapshot: Global Current Measuring Devices Market
TABLE 2 Industrial Growth by Sector, 2012 & 2019
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Mn)
TABLE 6 North America Current Measuring Devices Market Revenue, By Type, 2015-2025 (US$ Mn)
TABLE 7 North America Current Measuring Devices Market Revenue, By Current Type, 2015-2025 (US$ Mn)
TABLE 8 North America Current Measuring Devices Software Market Revenue, By Application, 2015-2025 (US$ Mn)
TABLE 9 Europe Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Mn)
TABLE 10 Europe Current Measuring Devices Market Revenue, By Type, 2015-2025 (US$ Mn)
TABLE 11 Europe Current Measuring Devices Market Revenue, By Current Type, 2015-2025 (US$ Mn)
TABLE 12 Europe Current Measuring Devices Software Market Revenue, By Application, 2015-2025 (US$ Mn)
TABLE 13 Asia-Pacific Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Mn)
TABLE 14 Asia-Pacific Current Measuring Devices Market Revenue, By Type, 2015-2025 (US$ Mn)
TABLE 15 Asia-Pacific Current Measuring Devices Market Revenue, By Current Type, 2015-2025 (US$ Mn)
TABLE 16 Asia-Pacific Current Measuring Devices Software Market Revenue, By Application, 2015-2025 (US$ Mn)
TABLE 17 Rest of the World Current Measuring Devices Market Revenue, By Output 2015-2025 (US$ Mn)
TABLE 18 Rest of the World Current Measuring Devices Market Revenue, By Type, 2015-2025 (US$ Mn)
TABLE 19 Rest of the World Current Measuring Devices Market Revenue, By Current Type, 2015-2025 (US$ Mn)
TABLE 20 Rest of the World Current Measuring Devices Software Market Revenue, By Application, 2015-2025 (US$ Mn)
TABLE 21 Purkey's Fleet Electric, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 Beemet Instruments Pvt Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 Metermaster NZ Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Schneider Electric SE.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 National Instruments Corporation.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 Goliya Instruments Pvt. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 PCE Instruments.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 HPL Electric & Power Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 29 KYORITSU ELECTRICAL INSTRUMENTS WORKS, LTD.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 30 HIOKI E.E. Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 31 GMC-I PROSYS Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 32 Rayleigh Instruments Limited.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 33 Blue Sea Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 34 PacerGroup: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 35 Electro Industries/GaugeTech: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 36 Brighton Electronics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments) 

List Of Figures :

FIG. 1 Global Current Measuring Devices Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Current Measuring Devices Market, By Output, 2016 (US$ Mn)
FIG. 4 Global Current Measuring Devices Market, By Type, 2016 (US$ Mn)
FIG. 5 Global Current Measuring Devices Market, By Current, 2016 (US$ Mn)
FIG. 6 Global Current Measuring Devices Market, By Application, 2016 (US$ Mn)
FIG. 7 Global Current Measuring Devices Market, By Geography, 2016 (US$ Mn)
FIG. 8 Global Current Measuring Devices Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 9 Electricity Production Worldwide, 2007 – 2014 (TWh)
FIG. 10 Attractive Investment Proposition: Global Current Measuring Devices
FIG. 11 Market Positioning of Key Current Measuring Devices Manufacturers, 2016
FIG. 12 Global Analog Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 13 Global Digital Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 14 Global Clamp Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 15 Global Probe Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 16 Global Fork Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 17 Global AC Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 18 Global DC Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 19 Global Hybrid Ammeter Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 20 Global Current Measuring Devices Market for Automotive Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 21 Global Current Measuring Devices Market for Industrial Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 22 Global Current Measuring Devices Market for Energy Management and Smart Grid Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 23 Global Current Measuring Devices Market for Residential Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 24 North America Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 25 U.S. Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 26 Canada Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 27 Europe Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 28 UK Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 29 France Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 30 Germany Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 31 Rest of Europe Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 32 Asia-Pacific Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 33 China Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 34 Japan Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Mn)
FIG. 35 India Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Mn)
FIG. 36 Rest of Asia-Pacific Current Measuring Devices Market Revenue, By Country 2015-2025 (US$ Mn)
FIG. 37 Rest of the World (RoW) Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 38 Middle East & Africa (MEA) Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn)
FIG. 39 Latin America Current Measuring Devices Market Revenue, 2015-2025 (US$ Mn) 

 

The global current measuring devices market is segmented, based on the nature of output, into following categories:

  • Analog
  • Digital

Current Measuring Devices Market

As of 2016, the digital current measuring devices system is dominating the overall current measuring devices market worldwide. Digital ammeter does not require any kind of calibration and hence the set-up time required for the instrument is almost negligible. Digital ammeter is more accurate and gives a precise reading. Digital ammeter is free from any kind of dynamic errors and hence are more reliable than analog ammeters. Consequently, the demand for ground-based military radar is expected to remain high during the forecast period.

Analog current measuring devices trails the digital current measuring devices market, as in 2017. Issues are related to the use of analog ammeter such as accuracy, precision, range, span and sensitivity of the devices. Many dynamic errors are faced while using analog ammeter including overshoot, hysteresis, and backlash. Therefore, the aforementioned issues have resulted in the decline in the demand of analog ammeter in comparison to digital ammeter.

The global current measuring devices market is segmented, based on the type, into following categories:

  • Clamp
  • Probe
  • Fork

Current Measuring Devices Market

As of 2016, the probe type current measuring devices system is dominating the overall current measuring devices market worldwide. These ammeters are very simple in operation and offer a high degree of accuracy. Extensively used for energy audits and smart grid applications, the demand for probe ammeter is expected to demonstrate a consistent growth throughout the forecast period.

Clamp type current measuring devices trails the probe type current measuring devices market, as in 2016. Clamp ammeter does not need to be physically connected to the circuit in order to measure current value. This helps in precise measurement of current of the circuit without creating any losses or back EMF in the circuit. Clamp ammeter is useful in measuring both AC and DC currents as well as single and three phase supply. Considering the utility over a variety of application, clamp ammeter is further expected to fuel the current measurement demand for various industrial and energy application.

The global current measuring devices market is segmented, based on the current type, into following categories:

  • AC
  • DC
  • Hybrid

Current Measuring Devices Market

Hybrid ammeter dominates the current measuring devices segment by current type, as in 2016. Hybrid ammeter has the ability to carry out the current measurement for both the supplies. Rising trend of energy conservation and energy audit has bolstered the demand for hybrid ammeters. These ammeters are being increasingly preferred by the customers as they provide a wide range of measurement irrespective of the conditions. A hybrid ammeter is capable of measuring current for both single and three phase AC supplies. Consequently, the hybrid ammeter is effective for both industrial, commercial and residential applications.

AC ammeters trail the hybrid ammeter segment in terms of revenue, as in 2016. Use of AC supply system involves a number of merits such as easy transformation of voltage and allow the implementation of capacitors and inductors. Currently, smart energy management and development of smart grids involves a lot of measuring of current values of domestic as well as commercial infrastructures. Consequently, the demand for AC ammeter has increased significantly and expected to show consistent rise in the following years.

The global current measuring devices market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (ROW)
    • Middle East & Africa (MEA)
    • Latin America

Current Measuring Devices Market

Asia-Pacific current measuring devices market was observed as the largest and fastest growing market during the forecast period 2017 – 2025. The rising industrialization in emerging economies such as China, India, and Indonesia, increasing population is assisting the demand for residential and commercial buildings, and growing manufacturers of current measuring devices in China and India. However, the major restraint observed in this region is price sensitivity tends to prefer cost effective and cheap products produced from unorganized sector of this market over other branded products. The Asia-Pacific market is filled with many cheap quality products that sometimes deceive customers in case of accurate current measurement.

North America was observed as the second largest market of current measuring devices due to key driving factors such as incessant growth in industrialization, increasing residential and commercial buildings are encouraging electric works industry, and developing technologies associated with energy management are assisting the demand for safe electric equipment. According to market experts, the best current measuring devices in market are Amprobe AMP-210 Clamp Meter, Fluke 323, Etekcity MSR-C600, Klein Tools CL800, and GTC CM100. The application of meter is important while selecting the type of current measuring device but recently the demand is more for non-contact voltage testers as these are safe to handle for both skilled and unskilled person.

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