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. T
he 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.
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.
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.
On the basis of geography, the largest PAT market share is held by North America, owing to the presence of established manufacturing companies with innovative technologies in the region. SEA & Other countries of APAC and Western Europe are also expected to gain substantial PAT market shares in the coming years, owing to the rapid adoption of smart and handy technologies.
China is pegged to be the fastest growing PAT market, due to the initiatives taken by the government of the country and players in the market towards technological advancements.
The PAT markets in Latin America and MEA are also expected to witness high growth rates in the coming period, due to the rise in the adoption of health and safety of an equipment, especially in the multiple industries, such as manufacturing and industrial.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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:
Segmentation of the PAT market on the basis of end use:
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Portable Appliance Tester (PAT) Market
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