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【English Market Research Report】Global Market for Power Device Analyzers

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The global power device analyzer market size is projected to reach 600 million USD by 2027, growing from 470 million USD in 2022, with a forecasted CAGR of 5.0% during the forecast period. This report analyzes the global power device analyzer market, examining the fundamental structure of the market, the latest developments, key market drivers and restraints, market trends by type, current, end-user, and region, the state of market competition, and profiles of major companies.

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【English Market Research Report】Global Market for Power Device Analyzers

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In the changed business environment after COVID-19, the global market for power device analyzers, estimated at 495.8 million USD in 2022, is projected to reach a revised size of 746.5 million USD by 2030, growing at a CAGR of 5.2% from 2022 to 2030. One of the segments analyzed in this report, those under 1000A, is expected to record a CAGR of 5.9% and reach 442.7 million USD by the end of the analysis period. Considering the post-pandemic recovery, the growth of the segment over 1000A is expected to be revised to a CAGR of 4.4% over the next eight years.

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[English Market Research Report] Global Market for Power Device Analyzers

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The global market for power device analyzers was valued at approximately 470 million USD in 2022 and is expected to grow at a healthy growth rate of over 5.0% during the forecast period from 2023 to 2030. A power device analyzer is a device used to monitor the flow of power within electrical systems. It is a multifunctional power analyzer that primarily measures the flow of power such as direct current (DC), alternating current (AC), AC voltage, and DC voltage. By enabling the selection of appropriate power devices according to applications, it contributes to enhancing the value of power gadgets. It is used for power measurement in equipment such as converters, home appliances, power electronics testing, lighting, motors, drives, and industrial machinery. It is equipped with a wide range of functions including voltage, current, and can monitor various types of devices. The driving forces behind market growth include the increasing focus on energy efficiency, the rising adoption of energy-efficient equipment across various industries, and the anticipated growth of the electric vehicle market, which is expected to support market growth during the forecast period from 2023 to 2030.

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