The purpose of the report is to illustrate the state of the market of Current Measuring Devices, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Current measuring devices refer to measurement equipment used for determining electric current in wiring/electrical load. The overall current measuring devices market is primarily driven by the rising industrial manufacturing and processing sector worldwide. In addition, due to continually growing electricity generation, the demand for related testing and measuring equipment is expected to remain strong throughout the forecast period. Apart from these, the market growth is also driven by the ever-rising construction industry (across commercial as well as residential). Nevertheless, the market growth is remarkably challenged by the growing proliferation of multi-metering devices.
Major players in the market 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.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Current Measuring Devices buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Current Measuring Devices contains:
Analysis and forecast of Current Measuring Devices market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Current Measuring Devices market;
Assessment and forecast of Current Measuring Devices market development;
Financial and business profiles of the leading companies in the Current Measuring Devices industry.
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– Up to date working Current Measuring Devices data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Current Measuring Devices for the period 2018 to 2026
– Planned Current Measuring Devices additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Current Measuring Devices projects by region, key countries, and companies
– Details of major planned Current Measuring Devices projects in the world up to 2026
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