Power Device Analyzer Market worth $600 million by 2027 – Exclusive Report by MarketsandMarkets™

Power Device Analyzer Market is projected to reach USD 600 million in 2027 from USD 470 million in 2022 at a CAGR of 5.0% according to a new report by MarketsandMarkets. Power device analyzers measures electrical power in devices that generate, transform, or consume electricity. They have been used in electrical product testing equipment as they provide accuracy, frequency ranges, and functions necessary to meet industry test and measurement standards. They are utilized for measuring different aspects of power such as current, voltage, peak, voltage, mean, RMS parameters harmonics, and phase. The power device analyzers are categorized into three types as AC, DC and Both AC and DC. A DC power analyzer is a high-performance instrument that includes up to four sophisticated DC power sources or electronic loads, as well as a digital multimeter (DMM), oscilloscope, arbitrary waveform generator (AWG), and datalogger. The AC power analyzers make more accurate power measurements.