Increasing Demand for Portable Appliance Tester (PAT) Market to Fuel Revenue Growth Through 2028


Posted January 8, 2019 by Shashiipawar23

Future Market Insights has announced the addition of the “Portable Appliance Tester (PAT) Market: Global Industry Analysis and Opportunity Assessment, 2018-2028" report to their offering

 
PAT Market: Introduction

The adoption of electronic devices and machines is getting common day-by-day. Digitalization is the primary factor, which is driving the growth of the PAT market, as the adoption of electronic devices has increased from the past two decades. The governments of several countries are taking an initiative to make PAT mandatory in organisations, as these can tell the exact, live situation of a device. The companies which are manufacturing and developing testing equipment are providing a wide range of PAT for multiple purposes, such as for R&D, regular check-ups, and many more. Portable Appliance Testers are also used for safety and testing of products in equipment manufacturing. These testers provide enhanced productivity and quality. PAT plays a significant role in detecting faults in the production of electronic equipment. The cost of a Portable Appliance Tester is considerably lower than that of other testing equipment.

PAT consists of a device, which helps with the visual inspection of the electronic devices. PATs are also useful in laboratories that work with multiple functions, such as for repairing services and workmanship. Portable Appliance Testers save the labor time and reduce technical errors. PAT are powerful tools that measure the flow of electricity. PAT have the ability to conduct tests of variety of electronic instruments, such as high voltage test, impulse winding tests, power analyzer, and many more.

Manufacturers in the PAT market are forming collaborative agreements among themselves for the development of fast, safe, and accurate devices. These collaborations will primarily focus on manufacturing handy and efficient Portable Appliance Testers.

PAT Market: Drivers and Challenges

Drivers

Portable Appliance Testers are adopted by the providers of professional services, manufacturing companies around the globe. These multipurpose devices are also very compact and can be adopted by professionals of multiple industries. PATs are easy-to-use and can be placed at different locations. They are used in various kinds of industrial sectors to test and experiment multiple electronic devices. PATs are also easy to operate, cause fewer losses, and have moderate costs.

Challenges

Research laboratories and organizations need to make heavy investments in order to procure and maintain modern testers. The complexity of the devices and maintenance expenses associated with these equipments are expected to restrict the growth of the global Portable Appliance Testers market as small-sized organizations do not find it economically feasible to use an expensive PAT. These are the primary factors, which are acting as a challenge in the PAT market growth during the assessment period.

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PAT Market: Segmentation

The Portable Appliance Tester market can be segmented on the basis of product type, end user, and region.

Segmentation of the PAT market on the basis of product type:

General Purpose Portable Appliance Tester
Mechanical Test Equipment
Segmentation of the PAT market on the basis of end use:

Aerospace and Defense
Telecommunications
Semiconductor and Electronics
PAT Market: Competition Landscape

Some of the key vendors identified in the PAT market include O’Rourke Safety Advisors, Hawkesworth Appliance Testing, Seaward Electronic Ltd., Mr. Electric, OCS Group limited, Powertest Limited, RMK Portable Appliance Testing, PASS (Portable Appliance Safety Services) Ltd., and Sonel Instruments India Private Limited.

Regional Analysis:

North America market (U.S; Canada)
Latin America market (Mexico, Brazil, Rest of Latin America
Western Europe market (Germany, France, U.K., Spain, Italy, Nordic, Benelux, Rest of Western Europe)
Eastern Europe market (Poland, Russia, Rest of Eastern Europe)
SEA and other Asia Pacific countries market (India, Indonesia, Oceania, Singapore, Philippines, Malaysia, Thailand, Rest of SEA and other Asia Pacific countries)
Japan market
China market
Middle East and Africa market (GCC Countries, Turkey, North Africa, South Africa, Rest of MEA)
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The report covers exhaustive analysis on:

PAT Market Segments
Market Dynamics
Historical Actual PAT Market Size, 2013 - 2017
Market Size & Forecast 2018 to 2028
Supply & Demand Value Chain for the PAT Market
Global Market Current Trends/Issues/Challenges
Competition & Companies involved in the PAT Market
Market Solutions Technology
Value Chain of the PAT Market
Global PAT Market Drivers and Restraints
Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth PAT market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape in PAT Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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Last Updated January 8, 2019