The isolation meter is a device that regulates insulation resistance up to 2000 MΩ for secondary voltages of 250, 500, and 1000V. Isolation meter controls ranges of voltages between 50 mega ohms to 2000 mega ohms. Additionally, it measure alternate, continuous or direct currents up to a maximum 750V / 1000V with resistance up to 2 kΩ. Moreover, it is used to measure the multiple ranges of voltages i.e. from 100V to 10,000V. Isolation meter is used to prevent damages and accidents in industries and laboratories while installations process. Basically, it is used to overview current and testing for determining insulation resistance and continuous current. Isolation meter originates from clips, test mechanism, batteries and carrying instance. Furthermore, isolation meter can be used in test laboratories with DIN EN ISO authentication.
Growing demand of isolation meter in monitoring high voltage or low voltage of batteries in transport applications, increasing government initiatives to reduce the noise pollution caused by the laboratories and industrial environments are expected to be a major driver of the isolation meter market growth. Furthermore, controlling noise pollution and making noise free environment is major factor which is being regulated by the government and being focused around the globe. Apart from it, with the use of isolation meter the noise can be reduced and isolated from instruments and data acquisition hardware, radio and TV stations, heavy machinery and other electronic equipment. Moreover, the battery load in transportation can typically provide hundreds of volts i.e. 50V or 60 V or more than that which is dangerous to human beings which can be controlled by isolation meter.
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Failures during the isolation process and restoration in laboratories along with the higher voltage causing battery failure in isolation meter, are some of the factors that could hinder the growth of the isolation meter market. Moreover, use of appropriate isolation meter and employing good quality control practices around the globe by emerging and well established manufactures can advance the technology and overcome these restraints in near future.
The global isolation meter market can be segmented on the basis of isolation types, application, industry vertical, isolation methods, and regions. Based on the isolation types, global isolation meter market can be segmented into capacitive, inductive, magnetic and optical isolation. On the basis of application, global isolation meter market is segmented into smart energy metering, monitoring high-voltage battery for transportation, electronic gaming, telephone switching equipment, medical electrocardiograph, and others.
Additionally, on the basis of industry vertical, global isolation meter market can be bifurcated into industrial, medical, IT & telecommunication, automotive, aerospace, consumer electronics, oil and gas, and others. Furthermore, on the basis of isolation methods, global isolation meter market can be segmented into input to output and channel to channel.
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Based on geography, isolation meter market is analyzed across North America, Europe, Asia- Pacific, Middle East & Africa, and South America. The isolation meter market is highly dominated in North America and Europe due to heavy investment in R&D, and increased advancement in the technology of isolation meter. The growth in North America and Europe are expected to have a vertical growth in terms of financial due to the presence of well-established players and higher technological innovations across the region. Furthermore, Asia Pacific region is estimated to grow fastest over the period owing to developing countries such as India and China due to adoption and advancement of automobiles and telecommunication industry.
The various key players operating in global isolation meter market are PCE Instruments, General Industrial Controls Private Limited (GIC), Fluke Corporation, Instrumentation Industrial Zurc SA, ADInstruments, NAX Instruments, Shanghai Suape Trading Co. Ltd, Southern Folger Detention Equipment Company LLC, H. Hermann Ehlers GmbH, LUMEL S.A., and Meridiana Impianti SNC, among others.