Report Code: A15564 | Pages: NA | Jul 2023 | 1787 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Voltage Indicator Market
Request Now !A voltage indicator or also known as voltage sensor is used to determine, monitor, and measure both AC and DC voltage supply. This voltage indicator is a testing equipment generally used to determine the existence or absence of an electrical charge in a particular object. It can convert the measured voltage into physical signal which is proportional to the voltage. This voltage indicator is highly recommended for the situation where the power issue exists. In the traditional voltage indicator, a pointer or a needle is used to detect the voltage supply while there is an alphanumeric interface in digital voltage indicators. This device measures voltage supply without making any physical contact and are broadly used in power demand control areas for detection of power failure and for load control and safety switching. The rise in penetration of various electronic appliances across commercial, residential, and industrial applications in the surge in deployment of RFID tags are some of the factors that is boosting the growth of the global voltage indicator market. However low operating temperature of voltage indicators may hamper the growth of the market as low temperature makes them inappropriate for use in high power distribution circuits.
Covid-19 Impact AnalysisÂ
Top Impacting Factors
The voltage indicator market is witnessing significant growth owing to the growing trend and of uses in IoT applications. Smart product based on IoT technology are incorporated with this component that monitor the voltage, providing improved efficiency. These components are affordable owing to the power saving and diverse sensor solution capabilities. Another trend in the industry is that it is used as indicators in smart home applications. These devices also help in detecting electrical leaks in buildings and identify fluctuations in input current, supporting a high demand. Additionally, the implementation of this component in 5G infrastructure to optimise the performance of existing assets, is adding value to its market growth.
Market trends
Key Benefits of the Report
Voltage Indicator Market Report Highlights
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Key Market Players | Martindale Electric Co. Ltd., CHALLENGE INDUSTRIAL CO., LTD., Hubbell Incorporated, ABB Ltd., Seaward Electronic Ltd., Schneider Electric, Elektro-Mechanik GmbH (EMG), GRACE TECHNOLOGIES, INC., PCE Deutschland GmbH, Eaton Corporation |
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