Global ESD Test Meter Market: Introduction
Electrostatic discharge (ESD) is the abrupt flow of electricity between two electrically charged objects caused due to electrical short circuit, or contact breakdown, or dielectric breakdown. Static electricity is developed by electrostatic induction, while electrostatic discharge is developed when differently charged objects are brought together or the dielectric between them breaks down. ESD test meters are used to measure the level of electrostatic discharge on an equipment, person, or surface. They are also employed to protect other equipment from damage. ESD mats are also used in electronic assembly and manufacturing plants to avoid transfer of electrostatic discharge. Various types of ESD test meters are available in the market. These include surface resistivity meter, static charge meter, wrist strap tester, footwear tester, and workstation monitors. ESD test meter is used in electronic assembly and manufacturing, pharmaceutical plants, computer operation, and cleanroom operation applications.
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Global ESD Test Meter Market: Competition Landscape
Desco Industries Inc.
Founded in 1956, Desco Industries Inc. is headquartered in Chino, California, the U.S. The company manufactures and supplies industrial and commercial electric apparatus and equipment. In January 2015, it acquired SCS, a manufacturer of static control products based in Sanford, North Carolina, the U.S., in order to expand its business in North America.
Static Solutions, Inc.
Established in 1996, Static Solutions, Inc. is headquartered in Hudson, Massachusetts, the U.S. The company manufactures wide range of anti-static products for industrial and consumer electronics industries. The company engages with multiple distributors across the globe.
Botron Company Inc.
Botron Company Inc. is headquartered in Phoenix, Arizona, the U.S. The company designs and manufactures electronic test and measurement equipment. It invests significantly in R&D to expand its product portfolio.
Key players operating in the global ESD test meter market are Desco Industries Inc., Static Solutions, Inc., Botron Company Inc., Leggesystems, ACL, Inc., SCS, RS Components Ltd., Transforming Technologies, Kinetic Polymers, and Smart International.
Global ESD Test Meter Market: Dynamics
Increase in Usage of ESD Test Meter in Consumer Electronics
The global ESD test meter market is primarily driven by the growth in consumer electronics, aerospace, health care, and industrial applications. Demand for ESD test meters is anticipated to rise significantly in the consumer electronics industry due to the increase in usage of these meters in electronic assembly and manufacturing. In consumer electronics, multiple ESD test meters and equipment are used to protect the flow of ESD from one device to another, as it may cause damage to another device. Surface resistivity meter, static charge meter, wrist strap tester, and workstation monitor are used in electronic assembly and manufacturing. The workstation monitor continuously monitors wrist strap to detect any fault or loss of continuity due to broken cords or improper contact between monitor and operator. In such conditions, the workstation immediately alerts the operator to prevent the device from damage. Additionally, ESD test meters are portable, lightweight, and available at affordable cost. This plays vital role in protecting the assembly line from expensive damage. Thus, ESD test meters are increasingly used in the consumer electronics industry.
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Global ESD Test Meter Market: Segmentation
The global ESD test meter market can be divided based on:
- Test Equipment
- End-use Industry
Global ESD Test Meter Market, by Test Equipment
In terms of test equipment, the global ESD test meter market can be classified into:
- Surface Resistivity Meter
- Static Charge Meter
- Wrist Strap Tester
- Footwear Tester
- Workstation Monitor
Global ESD Test Meter Market, by Application
Based on application, the global ESD test meter market can be segregated into:
- Computer Operator
- Electronic Assembly and Manufacturing
- Cleanroom Operation
- Pharmaceutical Plants
Global ESD Test Meter Market, by End-use Industry
In terms of end-use industry, the global ESD test meter market can be classified into:
- Consumer Electronics
- Health Care
The report on the global ESD test meter market is a compilation of first-hand information, qualitative and quantitative assessment by market analysts, and inputs from market experts and market participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness of each segment. The report also maps the qualitative impact of various factors on different segments of the market across regions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.