Global Handheld LCR Meters Market by Type (Inductance Measurement, Capacitance Measurement, Resistance Measurement), By Application (Electrical Related Industries, Laboratories, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Handheld LCR Meters Market size is expected to grow from USD 1.2 Billion in 2021 to USD XX Billion by 2028, at an estimated CAGR of 6.8% during the forecast period (2021-2028). The growing demand for handheld LCR meters in electrical-related industries and laboratories coupled with the increasing number of R&D initiatives taken up by major players are among the key factors driving the growth of this market.
Handheld LCR Meters are portable electronic devices that enable users to measure the capacitance, inductance, or resistance in an electrical circuit. The measurements can be used for various applications such as identifying faults and determining optimum performance levels of circuits.
On the basis of Types, the market is segmented into Inductance Measurement, Capacitance Measurement, Resistance Measurement.
Inductance Measurement:
In Inductance measurement, a current is induced in the coil by an external flux. The magnitude of this induced voltage varies with that of the applied alternating magnetic field and its frequency.
An LCR meter with an inductance measurement capability uses its measuring coils to detect changes in impedance with respect to time caused by alternating currents passing through them - changing their relative opposition or reactivity. These devices have very low-frequency response limits in order not to pick up interference from power lines and other sources of electromagnetic fields.
Capacitance Measurement:
Capacitance is the measure of how much an object can store electrical energy. It’s measured in farads, which are a unit of measurement for capacitors. When there's more storage capacity, or "capacitance," it means that the material will hold and release electricity better than something with less storage capacity.
Resistance Measurement:
The resistance measurement technique is a common and widely used method for testing the electrical properties of materials. It gives an accurate representation of how much voltage (E) is needed to maintain a current flow through the conductor, which can be measured in units called ohms (Ω). Resistance measurements are made with meters that use four points to measure the resistor's property: Voltage drop, Current/Amperage(I), Power (P), and Ohm’s law equation.
On the basis of Application, the market is segmented into Electrical Related Industries, Laboratories, and others.
Electrical Related Industries:
The electrical-related industries are using handheld LCR meters for various purposes, such as voltage measurement. The power company uses this device to measure and calibrate the voltage during maintenance on transmission lines. Transmission line operators use these devices extensively when maintaining high-voltage substations by measuring phase currents and sending them back through low-voltage transformers located at either end of each section being tested.
Laboratories:
The most common uses of a handheld LCR meter are in laboratories. Resistance measurement is more precise than an inductance measurement, but capacitance measurements may be used to detect changes in the dielectric properties of components and materials over time. The decision on which instrument or technique will best meet your requirements depends upon factors such as the accuracy desired and applicability to specific applications.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is the largest market of handheld LCR meters, covering more than 50% share in terms of revenue, and is expected to continue its dominance during the forecast period.
The Latin American region has a significant growth potential owing to increasing industrialization and modernization with new production technologies being adopted by manufacturers for products such as USB cables, smart home appliances, etc., which will drive this regional sector’s demand over the next decade. The Asia-Pacific region exhibits rapid development mainly driven through a strong economic backdrop supported by various government initiatives.
Growth Factors For The Global Handheld LCR Meters Market:
The key factor that would drive the growth in this market over the next decade will be the growing demand for measurement instrumentation and test equipment due to an increase in technological innovations, which has led to higher product development activities by manufacturers across all sectors.
A rise in manufacturing industries globally coupled with increasing awareness about energy efficiency and sustainability issues will also contribute towards its growth during the study period. Additionally, factors such as increased investments by governments on infrastructure projects worldwide (such as roads and bridges) are expected to fuel their usage over time.
Up Market Research published a new report titled “Handheld LCR Meters Market research report which is segmented by Types (Inductance Measurement, Capacitance Measurement, Resistance Measurement), By Applications (Electrical Related Industries, Laboratories, Others), By Players/Companies Keysight Technologies, Fluke, Extech Instruments (FLIR), PCE Instruments, Wayne Kerr Electronics, Rohde and Schwarz, NF, MECO Instruments, Sanwa Electric Instruments, TEGAM, Beha-Amprobe, Tonghui, Applent, GW Instek, IET Labs, Chroma”.
Report Scope
Report Attributes | Report Details |
Report Title | Handheld LCR Meters Market Research Report |
By Type | Inductance Measurement, Capacitance Measurement, Resistance Measurement |
By Application | Electrical Related Industries, Laboratories, Others |
By Companies | Keysight Technologies, Fluke, Extech Instruments (FLIR), PCE Instruments, Wayne Kerr Electronics, Rohde and Schwarz, NF, MECO Instruments, Sanwa Electric Instruments, TEGAM, Beha-Amprobe, Tonghui, Applent, GW Instek, IET Labs, Chroma |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 240 |
Number of Tables & Figures | 168 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Handheld LCR Meters Market Report Segments:
The market is segmented by Type Inductance Measurement, Capacitance Measurement, Resistance Measurement and By Application Electrical Related Industries, Laboratories, Others.
Some of the companies that are profiled in this report are:
- Keysight Technologies
- Fluke
- Extech Instruments (FLIR)
- PCE Instruments
- Wayne Kerr Electronics
- Rohde and Schwarz
- NF
- MECO Instruments
- Sanwa Electric Instruments
- TEGAM
- Beha-Amprobe
- Tonghui
- Applent
- GW Instek
- IET Labs
- Chroma
Handheld LCR Meters Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Handheld LCR Meters Market
Overview of the regional outlook of the Handheld LCR Meters Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Handheld LCR Meters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Handheld LCR Meters Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Inductance Measurement
2. Capacitance Measurement
3. Resistance Measurement
7. By Application:1. Electrical Related Industries
2. Laboratories
3. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handheld LCR Meters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Handheld LCR Meters Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld LCR Meters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Handheld LCR Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld LCR Meters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Handheld LCR Meters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Handheld LCR Meters Market Size & Forecast, 2018-2028
4.5.1 Handheld LCR Meters Market Size and Y-o-Y Growth
4.5.2 Handheld LCR Meters Market Absolute $ Opportunity
Chapter 5 Global Handheld LCR Meters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Handheld LCR Meters Market Size Forecast by Type
5.2.1 Inductance Measurement
5.2.2 Capacitance Measurement
5.2.3 Resistance Measurement
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Handheld LCR Meters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Handheld LCR Meters Market Size Forecast by Applications
6.2.1 Electrical Related Industries
6.2.2 Laboratories
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld LCR Meters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Handheld LCR Meters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Handheld LCR Meters Analysis and Forecast
9.1 Introduction
9.2 North America Handheld LCR Meters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Handheld LCR Meters Market Size Forecast by Type
9.6.1 Inductance Measurement
9.6.2 Capacitance Measurement
9.6.3 Resistance Measurement
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Handheld LCR Meters Market Size Forecast by Applications
9.10.1 Electrical Related Industries
9.10.2 Laboratories
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Handheld LCR Meters Analysis and Forecast
10.1 Introduction
10.2 Europe Handheld LCR Meters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Handheld LCR Meters Market Size Forecast by Type
10.6.1 Inductance Measurement
10.6.2 Capacitance Measurement
10.6.3 Resistance Measurement
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Handheld LCR Meters Market Size Forecast by Applications
10.10.1 Electrical Related Industries
10.10.2 Laboratories
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Handheld LCR Meters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Handheld LCR Meters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Handheld LCR Meters Market Size Forecast by Type
11.6.1 Inductance Measurement
11.6.2 Capacitance Measurement
11.6.3 Resistance Measurement
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Handheld LCR Meters Market Size Forecast by Applications
11.10.1 Electrical Related Industries
11.10.2 Laboratories
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Handheld LCR Meters Analysis and Forecast
12.1 Introduction
12.2 Latin America Handheld LCR Meters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Handheld LCR Meters Market Size Forecast by Type
12.6.1 Inductance Measurement
12.6.2 Capacitance Measurement
12.6.3 Resistance Measurement
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Handheld LCR Meters Market Size Forecast by Applications
12.10.1 Electrical Related Industries
12.10.2 Laboratories
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Handheld LCR Meters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Handheld LCR Meters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Handheld LCR Meters Market Size Forecast by Type
13.6.1 Inductance Measurement
13.6.2 Capacitance Measurement
13.6.3 Resistance Measurement
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Handheld LCR Meters Market Size Forecast by Applications
13.10.1 Electrical Related Industries
13.10.2 Laboratories
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Handheld LCR Meters Market: Competitive Dashboard
14.2 Global Handheld LCR Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keysight Technologies
14.3.2 Fluke
14.3.3 Extech Instruments (FLIR)
14.3.4 PCE Instruments
14.3.5 Wayne Kerr Electronics
14.3.6 Rohde and Schwarz
14.3.7 NF
14.3.8 MECO Instruments
14.3.9 Sanwa Electric Instruments
14.3.10 TEGAM
14.3.11 Beha-Amprobe
14.3.12 Tonghui
14.3.13 Applent
14.3.14 GW Instek
14.3.15 IET Labs
14.3.16 Chroma