What is Circuit Tracer Market?
Circuit tracers are also called as circuit breaker finder. This device transmits a signal to the circuit breaker panel to check which breaker has been flipped during a power surge. These tracers are a very powerful and easy-to-use troubleshooting test tool. It can be used for finding breakers and hidden wire problems in residential, commercial and industrial environments. it is used to trace wires inside the walls, ceilings, underground, and other inaccessible locations to pinpoint the location of wire or cable. Modern technology has produced a range of equipment designed to make an electrician’s job much easier and safer. Moreover, the increasing demand for circuit tracer from electricians for troubleshooting the problems or outages in buildings more easily.
Highlights from Circuit Tracer Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Triplett Corporation (United States), Southwire Company, LLC (United States), Shandong Senter Electronic Co, Ltd. (China), Mastech Group Limited (United States), Electrocon Systems (India), IDEAL Industries (United States), Klein Tools (United States), Greenlee (United States), Test Equipment Depot (United States) and FLIR Systems (United States) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Circuit Tracer market throughout the forecasted period.
Triplett Corporation (United States), Southwire Company, LLC (United States), Shandong Senter Electronic Co, Ltd. (China), Mastech Group Limited (United States), Electrocon Systems (India), IDEAL Industries (United States), Klein Tools (United States), Greenlee (United States), Test Equipment Depot (United States) and FLIR Systems (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Shenzhen Noyafa Electronic Co., Ltd. (China), Shenzhen Liweihui Technology Co., Ltd. (China) and Xi`An Prime Mechatronics Technology Co.,Ltd. (China). Circuit Tracer Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Residential, Commercial and Industrial |
Type | Receiver, Transmitter and Inductive Clamp & Battery Pack |
Sales Channels | Online,Offline {Electronic Stores, Distributors, Suppliers} |
Voltage Type | AC,DC |
Circuit Type | Open,Closed |
On the basis of geography, the market of Circuit Tracer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Circuit Tester Owing to the High Battery Performance, Super-Bright Display, and Audible Indication Features and Adoption of Advanced Circuit Tracer which Provides Accurate Results in Few Minutes
Market Growth Drivers:
Increasing Demand of Circuit Tracer from Electricians for Finding the Correct Circuit Breaker and Growing Demand of Powerful Circuit Tracer for Finding Hidden Wire or Cable Problems behind Walls
Challenges:
Circuit Tracer Have Limited Lifetime Warranty
Restraints:
High Cost Associated with Circuit Tracer Kit
Opportunities:
Increase Industrialization in Residential and Commercial Sectors and Rising Adoption of Circuit Tracer Because of Growing Problems of Underground Wire or Cable Damage
Key Target Audience
Circuit Tracer Manufacturer, Raw Material Suppliers, Supplier and Distributors of Circuit Tracer, Government Bodies, End-Users and Others
In 2020, Klein Tools, a hand tool manufacturing company launched the VDV500-705 Tone & Probe Test and Trace Kit. This kit designed to give users an opening price point solution for simple toning and tracing as well as wire map testing of non-energised wire. This kit used to wire tracing probe for non-active wire runs and performs pin-to-pin wire mapping testing