Global Clamp Meter Market: Market Introduction
A clamp meter is electrical test equipment that combines a basic digital multimeter with a current sensor. A clamp meter is mainly used to measure the current around connected cables or wires by clamping the device around it. Various end-use industries use multiple clamp meters for different applications such as on-field and on-field services, measurement safety, and amongst others. Moreover, the clamp meter has significant portability as it is easy to use; also various portable and handheld clamp meters are widely used because of increasing on-field services. The manufacturing units of industries such as electronics, electrics, construction, automotive, and amongst others are extensively use clamp meter for checking, testing, and evaluating the electric power. Leading player are manufacturing clamp meters according to international standards such as certified by ISO or NIST.
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Global Clamp Meter Market: Market Dynamics
Electronics and Electrical industries are rapidly expanding in the regions such as the Asia Pacific and North America. Thus, advanced clamp meters are used to test the electric and other instruments in the manufacturing sector. Moreover, advanced clamp meters are used for the verification and certification process. These factors are forecasting to increase the growth of clamp meter market.
Furthermore, increasing power generation and construction industries are creating a significant demand for the clamp meter. The various types of wires and electric instruments used in power generation industry, which demand clamp meter for maintenance purpose. Also, clamp meters are used in the construction industry for checking the electrical power in complex wiring. These factors are boosting the growth of the market. Moreover, the demand for clamp meters is increasing due to the growing automotive industry. Portable clamp meters are used to measure the electric power of components in these industries.
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Global Clamp Meter Market: Competition Landscape
Some of the prominent market players identified across the value chain of global clamp meter market are:
- Fluke Corporation
- PCE Instruments
- HIOKI E.E. CORPORATION
- Yokogawa Corporation
- Meco Instruments Pvt. Ltd.
- Extech Instruments
- Eltex
- Klein Tools
- Innova Electronics
- Etekcity Corporation
- Kaito Electronics, Inc.
- Craftsman
- Amprobe
- Mastech Digital
- Crenova Ampng
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The leading players are offering advanced clamp meter with significant specifications and flexibility. For instance, leading players such as Fluke Corporation, PCE Instruments, and among others are offering the clamp meters with high accuracy range, also send data/results to the smart phone.