The Electrical Test Equipment market is expected to register a CAGR of 6.73% over the forecast period. The demand for consumer products, industrial machinery, and manufacturing has witnessed significant growth over the past decade. To comply with market requirements and overcome costly recalls, manufacturers across several industries must ensure that electromagnetic disturbances do not intervene function of their products. The electrical test equipment includes circuit breaker test equipment; cable fault test equipment; insulation testing; motor, generator, and transformer testing; resistance, battery, and power quality testing; relay and protection testing.
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– Electrical test equipment enables manufacturers to achieve government compliance and regulations for equipment testing. Owing to the growing demand for electrical test equipment cross various industries, players in the market have been launching new products to gain a competitive edge. For instance, In September 2019, Megger started the MTR105 static motor analyzer, a handheld instrument combining all the functions needed for testing electric motors in a single easy-to-use device. The MTR105 offers a full range of insulation resistance tests combined with four-wire low-resistance measurements.
Key Market Trends
Energy & Power is Expected to Hold Significant Share
– Surging the renewable energy sector generates significant demand for testing equipment for transformer, battery, power quality, and insulating testing applications. According to British Petroleum estimates, the world will see a 400% growth in renewable energy by 2040, which will eventually create high demand for electric test equipment to measure DC current as most renewable energy generates DC current than traditional AC current. Growth in the global population and economy and population, coupled with rapid urbanization, is anticipated to contribute to a substantial increase in energy demand over the coming years.
– The increase in demand is for energy is resulting in the construction of nuclear power plants. It is estimated that over 450 nuclear power reactors are operating in 30 countries. An additional 50 power reactors are currently being constructed in 15 countries (majorly concentrated in countries like China, India, Russia, and the United Arab Emirates). However, the electrical testing equipment's ability to perform under the high energy conditions while encountering a significant fault is anticipated to be complicated.
– In April 2020, Gulf Electrical Power Laboratories (CESI | GEPL), an electromechanical testing facility, started their operations as a different entity that provides localized and technical services from Saudi to the broader GCC region. This will be followed by the electrical testing laboratory's construction poised to be the first in the area and most significant. The testing platform will provide engineering and consultancy services to the MENA region from its soon-to-be-built lab in Saudi Arabia. This is expected to augment the growth of electrical testing equipment in the power sector.
Asia Pacific is Expected to Witness Fastest Growth
– Multiple infrastructure projects, such as implementing high voltage lines and power generation plants, are expected to drive the demand electrical testing equipment in the region.
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For instance, in January 2019, State Grid Corp. of China has started up the world's longest and most-powerful ultra-high voltage power line from its far northwest to the densely populated east. The 1,100-kV direct-current Changji-to-Guquan project stretches 3,293 km (2,046 miles) and is projected to cost around CNY 40.7 billion. The new line can transmit 12 GW of power and supply 66 billion kWh of electricity to eastern China annually.
– In October 2019, Hioki, Japan-based company, launched the In-Circuit Tester FA1220, a populated board testing system capable of conducting multiple electrical component tests. The FA1220 is a modular, compact system that comprises an independent measurement unit. The new test tool delivers 3.2 times the number of test points per unit of installed volume as the previous In-Circuit HiTester 1220-50 despite being about the same size as the legacy product. The ability to accommodate many tested components with a single embedded unit translates into even more significant space savings for customers.
Competitive Landscape
With the presence of significant regional and global players, the market for electrical test equipment is quite fragmented. However, the market's prominent players are involved in competitive strategic developments such as acquisitions and partnerships, new product development, and market expansion to augment their leadership position in the electrical test equipment market.
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHT
4.1 Market Overview (Covers the impact due to COVID-19)
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Intensity of Competitive Rivalry
4.3.5 Threat of Substitutes
5 MARKET DYNAMICS
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Feb 02, 2023 (The Expresswire) -- The Electrical Test Pencil Market (2023-2028) Research Report | Updated Latest Report | Market is divided into Various Types, including [Contact Type Test Pencil, Induction Type Test Pencil], and the Applications, such as [IndustrialandAgriculturalProduction, EnvironmentalProtection, FoodAnalysis, Medicine, Others]. This Research Report is build up 72 Pages and Tables and Figure’s most valuable data, competition in the Electrical Test Pencil market, market condition, growth factors, and for the prediction period 2028.
“According to our Research latest report, the Global Electrical Test Pencil Market was growing over worldwide and is future prediction to size, trends, share, and economic analysis of Electrical Test Pencil Market up to 2028 with during review period.”Ask for sample Report
Moreover, Global Electrical Test Pencil Market research report focuses on in-detailed analysis of Electrical Test Pencil market, including industry size, share, top key players in Electrical Test Pencil market, impact of COVID-19 in regional areas, market segmentation by types and applications in Electrical Test Pencil industry, current market situation and strategies, and forecast year up to 2028 with expert’s research. The Electrical Test Pencil market report identifies essential customer attributes in order to define the potential market and identify various demands throughout the industry.
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List of TOP Competitors in Electrical Test Pencil Market Report are: -
● Fluke
● UNI-T
● Proâskit
● AONENG
In this research report includes Top Competitors Analysis in Electrical Test Pencil market such as competitor’s strategy, sales unit, target market, cost of production, channels of distributions, various growth factors, standing position on the market, financial status of competitors, organization size, share, growth, product line in the market, COVID-19 impact on industry, etc. as well as this research report shows future expectation data up to 2028.
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Market Analysis and Insights: -
This Electrical Test Pencil industry report contains information on new latest developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and centralized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, regional developments, technical improvements in the market.
Global Electrical Test Pencil: Drivers and Restraints: -
The key drivers on Electrical Test Pencil market includes production costing, essential raw materials, vital key competitor’s, product line and width, segmented by types and application, expert’s research report, including figures and statistical data, future projection up to 2028, and so on. Electrical Test Pencil market restraints include slower market growth in particular countries, sales volume history and prediction, economic restraints faced by emerging countries, business market obstacles, and more.
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Electrical Test Pencil Market Segmentation:
In this section regional segmentation goes into excellent detail about the geographical aspects of the market in the research report. Electrical Test Pencil market legislative framework that is going to impact the entire market. It focuses attention to the current political landscape and produces market predictions in response.
Electrical Test Pencil Market Types:
● Contact Type Test Pencil ● Induction Type Test PencilElectrical Test Pencil Market Application/ End-Users:
● IndustrialandAgriculturalProduction ● EnvironmentalProtection ● FoodAnalysis ● Medicine ● OthersCOVID-19 IMPACT ON MARKET
COVID-19 is an unexpected worldwide public health disaster that has impacted nearly every business, and the long-term impacts are expected to be influence on sector growth throughout the forecast period. The latest study contains observations, analysis, calculations, and projections based on the COVID-19 economic effect. We are constantly monitoring and updating reports on the economic and political situation is complicated by Russia's invasion of Ukraine. Negative effects are highly predicted around the world, particularly in Eastern Europe, the European Union, Eastern and Central Asia, and the United States.
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Electrical Test Pencil Market Regional Analysis -
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electrical Test Pencil in these regions, from 2017 to 2028, covering
● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Key questions answered in the Electrical Test Pencil Market are:
● What is the Global Electrical Test Pencil Market's size and forecast? ● Who are the most prominent players in the Electrical Test Pencil market? ● What are the products/segments/applications/areas to invest in in the Global Electrical Test Pencil Market over the forecast period? ● Who are the Electrical Test Pencil market leaders in the United States and Canada? ● Who are the market leaders in European Electrical Test Pencils? ● Who are the leaders in the Electrical Test Pencil market in India, China, Japan, and South Korea? ● What techniques and strategic moves are thought to be appropriate for joining the Global Electrical Test Pencil Market?Reason to Buy Electrical Test Pencil Market Report:
● Current economic outlook, prediction, and related important issues for the Global Electrical Test Pencil Market. ● Electrical Test Pencil market size, share, growth, and emerging trends prediction | 2023-2028 ● Electrical Test Pencil market drivers, in-detailed report with expert’s point of view. ● Determine which geographical locations are experiencing the most development in the Electrical Test Pencil market. ● Market Development: Provides detailed information on Electrical Test Pencil markets and analyses market penetration across established segments. ● Product Development and Innovation: Offers intelligent perspectives on future developments, research and development efforts, and game-changing product breakthroughs.Purchase this report (2900 USD for a single-user license):
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Detailed TOC of Global Electrical Test Pencil Market Report 2023
1 Market Overview
1.1 Electrical Test Pencil Product Scope
1.2 Electrical Test Pencil Segment by Type
1.3 Electrical Test Pencil Segment by Application
1.4 Electrical Test Pencil Market Estimates and Forecasts (2018-2028)
2 Electrical Test Pencil Estimates and Forecasts by Region
2.1 Global Electrical Test Pencil Market Size by Region: 2018 VS 2022 VS 2028
2.2 Global Electrical Test Pencil Retrospective Market Scenario by Region (2018-2023)
2.3 Global Electrical Test Pencil Market Estimates and Forecasts by Region (2024-2028)
2.4 Geographic Market Analysis: Market Facts and Figures
3 Global Electrical Test Pencil Competition Landscape by Players
3.1 Global Top Electrical Test Pencil Players by Sales (2018-2023)
3.2 Global Top Electrical Test Pencil Players by Revenue (2018-2023)
3.3 Global Electrical Test Pencil Market Share by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue in Electrical Test Pencil as of 2022)
3.4 Global Electrical Test Pencil Average Price by Company (2018-2023)
3.5 Manufacturers Electrical Test Pencil Manufacturing Sites, Area Served, Product Type
3.6 Manufacturers Mergers and Acquisitions, Expansion Plans
4 Global Electrical Test Pencil Market Size by Type
4.1 Global Electrical Test Pencil Historic Market Review by Type (2018-2023)
4.2 Global Electrical Test Pencil Market Estimates and Forecasts by Type (2024-2028)
5 Global Electrical Test Pencil Market Size by Application
5.1 Global Electrical Test Pencil Historic Market Review by Application (2018-2023)
5.2 Global Electrical Test Pencil Market Estimates and Forecasts by Application (2024-2028)
6 United States Electrical Test Pencil Market Facts and Figures
6.1 United States Electrical Test Pencil Sales by Company
6.2 United States Electrical Test Pencil Sales Breakdown by Type
6.3 United States Electrical Test Pencil Sales Breakdown by Application
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7 Europe Electrical Test Pencil Market Facts and Figures
7.1 Europe Electrical Test Pencil Sales by Company
7.2 Europe Electrical Test Pencil Sales Breakdown by Type
7.3 Europe Electrical Test Pencil Sales Breakdown by Application
8 China Electrical Test Pencil Market Facts and Figures
8.1 China Electrical Test Pencil Sales by Company
8.2 China Electrical Test Pencil Sales Breakdown by Type
8.3 China Electrical Test Pencil Sales Breakdown by Application
9 Japan Electrical Test Pencil Market Facts and Figures
9.1 Japan Electrical Test Pencil Sales by Company
9.2 Japan Electrical Test Pencil Sales Breakdown by Type
9.3 Japan Electrical Test Pencil Sales Breakdown by Application
10 Southeast Asia Electrical Test Pencil Market Facts and Figures
10.1 Southeast Asia Electrical Test Pencil Sales by Company
10.2 Southeast Asia Electrical Test Pencil Sales Breakdown by Type
10.3 Southeast Asia Electrical Test Pencil Sales Breakdown by Application
11 India Electrical Test Pencil Market Facts and Figures
11.1 India Electrical Test Pencil Sales by Company
11.2 India Electrical Test Pencil Sales Breakdown by Type
11.3 India Electrical Test Pencil Sales Breakdown by Application
12 Electrical Test Pencil Manufacturing Cost Analysis
12.1 Electrical Test Pencil Key Raw Materials Analysis
12.2 Proportion of Manufacturing Cost Structure
12.3 Manufacturing Process Analysis of Electrical Test Pencil
12.4 Electrical Test Pencil Industrial Chain Analysis
13 Marketing Channel, Distributors and Customers
13.1 Marketing Channel
13.2 Electrical Test Pencil Distributors List
13.3 Electrical Test Pencil Customers
14 Market Dynamics
14.1 Electrical Test Pencil Industry Trends
14.2 Electrical Test Pencil Market Drivers
14.3 Electrical Test Pencil Market Challenges
14.4 Electrical Test Pencil Market Restraints
15 Research Findings and Conclusion
16 Appendix
16.1 Research Methodology
16.2 Author List
16.3 Disclaimer
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As a licensed Professional Engineer, or PE, you can expect many more benefits when compared to other engineers; most employers offer higher salaries and greater opportunities for advancement to PE's. Only PE's can consult in private practice, and seal company documents to be sent to the government. PEs also have more credibility as expert witnesses in court than most engineers.
Steps in obtaining a PE license:
- Pass the Fundamentals of Engineering (FE) Exam.
- Graduate with a bachelor's degree from an ABET accredited engineering curriculum (all Engineering curricula at Michigan Tech except Robotics Engineering).
- Gain four years of engineering experience under the supervision of a registered professional engineer.
- Pass the Principles and Practice of Engineering (PE) Exam.
During your senior year you should take the Fundamentals of Engineering (FE) exam, which is required prior to sitting for the Professional Engineers (PE) Exam. Some requirements vary by state.
The Principles and Practice of Engineering (PE) test tests for a minimum level of competency in a particular engineering discipline. It is designed for engineers who have gained a minimum of four years’ post-college work experience in their chosen engineering discipline.
The PE Control Systems Engineering test is an 8-hour test with 80 questions. It is administered in pencil-and-paper format once per year in October. For more information on the format of the test and the syllabus covered, please refer to the NCEES website.
ISA offers study materials and courses to help you prepare for the CSE exam.
Study Guides
Training Course
The Control Systems Engineer (CSE) PE test Review Course (EN00) is offered in three formats:
Differences Between the CAP and CSE Programs
The CSE is a professional engineering (P.E.) license that can only be presented by a State Board of Engineering in the US CSE is a legal license to practice engineering and the test focuses on control systems. CAP is a certification program that documents a candidate's knowledge not only in control systems but in the broader area of automation. CAP will be offered and recognized internationally.
Specifications for the CSE Exam
PE test specifications are posted six months before the test administration. Updates for the April exams are posted in November, and updates for the October exams are posted in May. To review the specifications, please refer to the NCEES website.
Life insurance can be valuable for millions of American adults. How valuable a policy is, however, is specific both to the individual and the type of life insurance under discussion.
Term life insurance is generally favorable for those who want the security and protection a policy can provide without having to break the bank to get it. Since these policies only last for a select time frame (hence the name) they tend to be less expensive than their more robust counterparts.
Whole life insurance, meanwhile, lasts for the duration of the policyholder's life. And it comes with an attractive cash reserve that can be used to pay down debt or other expenses while the insured is still alive. But they tend to be pricier than other policies on the market.
While the benefits of these two types of policies are clear, there are other types on the market that may also be advantageous to have. No-exam life insurance can be great for a variety of prospective policyholders. But how do you know if it's worth it for you? That's what we will explore below.
If you're currently in the market for life insurance then start by getting a free price quote so you know exactly what to expect.
Is no-exam life insurance worth it?
No-exam life insurance is exactly what its name implies: No medical exam is required to secure approval. But is it right for everyone? Here are three groups that could find this insurance valuable.
Seniors
Because this type of life insurance doesn't test for any medical issues, it can be a preferred option for many seniors and older adults. A medical exam, after all, tests blood, urine, blood pressure and more - all elements that could be below standard for seniors. When using these results for a traditional life insurance policy applicants could have their coverage severely limited (assuming they're approved at all).
By skipping the exam, you won't have to worry about getting approved. Whichever nagging health issues or pre-existing conditions you have will stay under wraps, allowing you to secure the life insurance that you and your beneficiaries need.
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Young people
If you're young and healthy and want to make the life insurance application process as short as possible then no-exam life insurance could be beneficial for you. Because no medical test is required for this type of coverage you could end up getting approved within days (if not within hours) after applying.
Younger applicants will generally be offered more favorable rates and terms than older applicants, offsetting the typically higher cost connected to no-exam life insurance. It also has the benefit of providing immediate protection while you focus on other things. And because you're young, you can afford to wait to take a medical test and go through a thorough vetting at a later date.
Smokers and those with pre-existing conditions
If you're a smoker or were for a significant period of time, a life insurance provider could charge you significantly more. Similarly, if you're suffering from pre-existing medical conditions, with little chance of recovery, a life insurance provider would bill you more and/or limit the coverage provided.
By applying for a no-exam policy, you boost your chances of getting approved. And since no-exam policies can be offered with both whole and term life insurance types, you still may be able to secure the type of coverage you wanted.
Just note that each life insurance provider has different requirements so make sure to do your homework first. Start by getting a free price quote now or use the table below to review some top providers on the market.
The bottom line
No-exam life insurance can be a quick and painless way to secure financial protection for you and your loved ones.
It can benefit a wide swath of applicants, particularly younger people who want the security a life insurance policy can provide without the hassle of going through the traditional application process. Seniors with existing medical concerns that otherwise may disqualify them from a policy would also benefit from this insurance type as would smokers and those with pre-existing medical conditions.
The MarketWatch News Department was not involved in the creation of this content.
Feb 03, 2023 (The Expresswire) -- “Electrical and Electronic Test Equipment Market” Research Report 2023-2028 offers a complete examination of newest growth opportunities, industry players with their revenue and CAGR status. It provides details about industry structure, sales pattern, production, consumption and gross-margin analysis. Electrical and Electronic Test Equipment market report gives insights into market size, share and status of manufactures with industry segments, regional developments, manufacturing cost structure and demand-supply scenario. The report talks about facts and figures analysis with SWOT and PESTLE updates.
Global Electrical and Electronic Test Equipment Market Report (102 Pages) provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electrical and Electronic Test Equipment market to help players in achieving a strong market position. Buyers of the report can access Tested and reliable market forecasts, including those for the overall size of the global Electrical and Electronic Test Equipment market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electrical and Electronic Test Equipment market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electrical and Electronic Test Equipment market.
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Major Key Players Covered in the Electrical and Electronic Test Equipment Market Report:
● Keysight Technologies ● National Instruments ● Tektronix ● Rohde and Schwarz ● Fluke Corporation ● Teledyne Technologies ● Teradyne ● Advantest ● Omron ● Murata Manufacturing ● BandK Precision Corporation ● TDK-Lambda Corporation ● Hubbell Incorporated ● PCE Instruments ● Testo ● AmprobeThe report also focuses on global major leading industry players of Global Electrical and Electronic Test Equipment market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
Based on product, this report displays the production, revenue, price, Electrical and Electronic Test Equipment market share and growth rate of Electrical and Electronic Test Equipment Market types split into:
● Stationary
● Portable
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, share and Electrical and Electronic Test Equipment market growth rate with applications, includes:
● Communications
● Semiconductors
● Aerospace and Defense
● Consumer Electronics
● Others
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electrical and Electronic Test Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and Tested primary sources.
Important Features that are under Offering and Key Highlights of the Reports:
● Detailed overview of Electrical and Electronic Test Equipment Market Trends ● Changing market dynamics of the industry ● In-depth market segmentation by Type, Application etc. ● Historical, current and projected Electrical and Electronic Test Equipment market size in terms of volume and value ● latest industry trends and developments ● Competitive landscape of Electrical and Electronic Test Equipment Market Share ● Strategies of key players and product offerings ● Potential and niche segments/regions exhibiting promising growthRegions Covered in Electrical and Electronic Test Equipment Market Report:
● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil etc.) ● Middle East and Africa (Egypt and GCC Countries)To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/21586988
Key Questions Covered in The Electrical and Electronic Test Equipment Market Report:
● What is the growth potential of the Electrical and Electronic Test Equipment market? ● What are the key challenges that the global Electrical and Electronic Test Equipment market may face in the future? ● Which are the leading companies in the global Electrical and Electronic Test Equipment market? ● What are the key factors driving the global Electrical and Electronic Test Equipment market? ● What are sales, revenue, and price analysis of top manufacturers of Electrical and Electronic Test Equipment market? ● Which are the growth strategies considered by the players to sustain hold in the global Electrical and Electronic Test Equipment market? ● Which are the key trends positively affecting the market growth? ● What are the upstream raw materials and manufacturing equipment of Electrical and Electronic Test Equipment what being the manufacturing process of Electrical and Electronic Test Equipment? ● What will the Electrical and Electronic Test Equipment market size and the growth rate be in 2027?Main Content of the study Are: -
● To define, segment, and forecast the size of the Electrical and Electronic Test Equipment market with respect to type, application and region ● To provide detailed information about the crucial factors that are influencing the growth of the market (drivers, restraints, opportunities, and challenges) ● To analyse the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders ● To understand market conditions, company ranking, market structure, growth drivers by report ● To historical and forecast the data of the market segments with respect to United States, EU, CIS, China, India, Japan, SEA, South America, Middle East, Oceania and the Rest of the WorldPurchase this Report (Price 2900 USD for a Single-User License) -https://marketresearchguru.com/purchase/21586988
Main Points from Table of Contents:
1 Electrical and Electronic Test Equipment Market Overview
1.1 Product Overview and Scope of Electrical and Electronic Test Equipment
1.2 Electrical and Electronic Test Equipment Segment by Type
1.3 Electrical and Electronic Test Equipment Segment by Application
1.4 Global Market Growth Prospects
1.4.1 Global Electrical and Electronic Test Equipment Revenue Estimates and Forecasts (2016-2028)
1.4.2 Global Electrical and Electronic Test Equipment Production Estimates and Forecasts (2016-2028)
1.5 Global Market Size by Region
2 Market Competition by Manufacturers
2.1 Global Electrical and Electronic Test Equipment Production Market Share by Manufacturers (2016-2021)
2.2 Global Electrical and Electronic Test Equipment Revenue Market Share by Manufacturers (2016-2021)
2.3 Electrical and Electronic Test Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Electrical and Electronic Test Equipment Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Electrical and Electronic Test Equipment Production Sites, Area Served, Product Types
2.6 Electrical and Electronic Test Equipment Market Competitive Situation and Trends
2.6.1 Electrical and Electronic Test Equipment Market Concentration Rate
2.6.2 Global 5 and 10 Largest Electrical and Electronic Test Equipment Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion
3 Production and Capacity by Region
3.1 Global Production of Electrical and Electronic Test Equipment Market Share by Region (2016-2021)
3.2 Global Electrical and Electronic Test Equipment Revenue Market Share by Region (2016-2021)
3.3 Global Electrical and Electronic Test Equipment Production, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Electrical and Electronic Test Equipment Production Growth Rate, Revenue, Price and Gross Margin
3.5 Europe Electrical and Electronic Test Equipment Production Growth Rate, Revenue, Price and Gross Margin
3.6 China Electrical and Electronic Test Equipment Production Growth Rate, Revenue, Price and Gross Margin
3.7 Japan Electrical and Electronic Test Equipment Production Growth Rate, Revenue, Price and Gross Margin
3.8 South Korea Electrical and Electronic Test Equipment Production Growth Rate, Revenue, Price and Gross Margin
3.9 India Electrical and Electronic Test Equipment Production Growth Rate, Revenue, Price and Gross Margin
4 Global Electrical and Electronic Test Equipment Consumption by Region
4.1 Global Electrical and Electronic Test Equipment Consumption by Region
4.2 North America
4.3 Europe
4.4 Asia Pacific
4.5 Latin America
5 Production, Revenue, Price Trend by Type
5.1 Global Electrical and Electronic Test Equipment Production Market Share by Type (2016-2021)
5.2 Global Electrical and Electronic Test Equipment Revenue Market Share by Type (2016-2021)
5.3 Global Electrical and Electronic Test Equipment Price by Type (2016-2021)
6 Consumption Analysis by Application
6.1 Global Electrical and Electronic Test Equipment Consumption Market Share by Application (2016-2021)
6.2 Global Electrical and Electronic Test Equipment Consumption Growth Rate by Application (2016-2021)
7 Key Companies Profiled
7.1 Company A
7.1.1 Corporation Information
7.1.2 Product Portfolio
7.1.3 Production, Revenue, Price and Gross Margin (2016-2021)
7.1.4 Main Business and Markets Served
7.1.5 latest Developments/Updates
7.2 Company B
7.2.1 Corporation Information
7.2.2 Product Portfolio
7.2.3 Production, Revenue, Price and Gross Margin (2016-2021)
7.2.4 Main Business and Markets Served
7.2.5 latest Developments/Updates
8 Electrical and Electronic Test Equipment Manufacturing Cost Analysis
8.1 Electrical and Electronic Test Equipment Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Electrical and Electronic Test Equipment
8.4 Electrical and Electronic Test Equipment Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Electrical and Electronic Test Equipment Distributors List
9.3 Electrical and Electronic Test Equipment Customers
10 Market Dynamics
10.1 Electrical and Electronic Test Equipment Industry Trends
10.2 Electrical and Electronic Test Equipment Growth Drivers
10.3 Electrical and Electronic Test Equipment Market Challenges
10.4 Electrical and Electronic Test Equipment Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Electrical and Electronic Test Equipment by Region (2022-2028)
11.2 North America Electrical and Electronic Test Equipment Production, Revenue Forecast (2022-2028)
11.3 Europe Electrical and Electronic Test Equipment Production, Revenue Forecast (2022-2028)
11.4 China Electrical and Electronic Test Equipment Production, Revenue Forecast (2022-2028)
11.5 Japan Electrical and Electronic Test Equipment Production, Revenue Forecast (2022-2028)
11.6 South Korea Electrical and Electronic Test Equipment Production, Revenue Forecast (2022-2028)
11.7 India Electrical and Electronic Test Equipment Production, Revenue Forecast (2022-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Electrical and Electronic Test Equipment
12.2 North America Forecasted Consumption of Electrical and Electronic Test Equipment by Country
12.3 Europe Market Forecasted Consumption of Electrical and Electronic Test Equipment by Country
12.4 Asia Pacific Market Forecasted Consumption of Electrical and Electronic Test Equipment by Region
12.5 Latin America Forecasted Consumption of Electrical and Electronic Test Equipment by Country
13 Forecast by Type and by Application (2022-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2028)
13.1.1 Global Forecasted Production of Electrical and Electronic Test Equipment by Type (2022-2028)
13.1.2 Global Forecasted Revenue of Electrical and Electronic Test Equipment by Type (2022-2028)
13.1.3 Global Forecasted Price of Electrical and Electronic Test Equipment by Type (2022-2028)
13.2 Global Forecasted Consumption of Electrical and Electronic Test Equipment by Application (2022-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
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With so many financial products and services on the market today it can become difficult to determine what's beneficial and what's not. This is particularly true for life insurance, which comes in different types, coverage amounts and lengths.
Term life insurance policies, which provide coverage for a set period only, are usually cheaper to obtain. Whole life insurance policies, meanwhile, provide protection (and an attractive cash reserve) for the duration of the policyholder's life. But they're also more expensive.
One type of life insurance that may appeal to both young and old alike is no-exam life insurance. This type of insurance is exactly what its name suggests: No medical exam is required to secure a policy. But there's much more to this insurance than just its name. There are multiple benefits to know about.
If you're in the market for life insurance then start by getting a free price quote so you know exactly what to expect.
3 benefits of no-exam life insurance
While this insurance type has multiple advantages, here are three of the most important ones to know.
No medical test is required
The most obvious benefit of this kind of insurance is arguably also its most significant. Simply put: You won't have to take a medical test to get approved for coverage. Since many providers actually do require a medical test and the corresponding blood, urine and blood pressure tests, this can be an attractive alternative to getting protection.
Perhaps you're young and healthy and just want to expedite the approval process as much as possible. Then skipping the medical test can help secure a plan much quicker than if you had to schedule a visit with a medical provider first. Similarly, if you're an older adult and are concerned about what a medical test will reveal, you can elect to choose this insurance type and not worry about potentially negative test results.
Either way, by going this route you can skip the test and move one step closer to getting insured. You can get a free price estimate now.
It covers a wide range of applicants
As mentioned above, whether you're young, old or somewhere in between, a no-exam life insurance policy will cover you. This is especially helpful for those applicants who smoke or have a history of smoking. It's also generally good for those with pre-existing medical conditions that may have otherwise limited their ability to get a policy. And if you have a high-risk occupation, which may have disqualified you from coverage with another type of policy, you'll be covered with a no-exam policy.
It's guaranteed
If the life insurance company won't reject you due to the lack of a medical test and is willing to cover you regardless of your pre-existing conditions or history of smoking then the coverage is essentially guaranteed, no matter what box you check on your application.
Applying for life insurance, particularly for those people who fall into one or more of the above categories, can be a stressful process. You don't know if you will even qualify, let alone for how much or for how long. And if you don't get disqualified you'll have to start an application anew with another servicer.
Fortunately, no-exam life insurance eliminates all of this stress and work because coverage is guaranteed.
The bottom line
Everyone's personal circumstances are different. Accordingly, what type of life insurance policy works for one person may not work as well for another and vice versa. But no-exam life insurance takes a lot of the stress out of the equation by providing protection without a medical test for a wide range of applicants. And it's guaranteed!
So get started with a free price quote to see what you could qualify for now.
Exam’ is a very common word. Yet, it can be tricky to handle. Firstly, consider the way many pronounce it, which is pervasively weak. Did you too know that there is no X (/ks/) or S (/s/) in the pronunciation of ‘exam’ although the letter X is conspicuously in the spelling?
Many say test or ekSam – which is a deficient way of saying it. The reason is that, instead of X and S, there are G and Z in the pronunciation of the word. The correct articulation is thus more of IGZam than eXAm. Check and practise the appropriate pronunciation in the dictionary.
Mr candidate, you don’t write a test
In terms of grammar, ‘write’ does not collocate with ‘exam’, in a situation someone is part of an examination or a test as a candidate. Often, guys say I want to write an exam; I want to write JAMB; I wrote NECO last year; He is currently writing ICAN etc.
This usage is erroneous because it is not the duty of the candidate/student to write an test or a test. After all, he is not the one setting the questions for himself. So, what does he do? The candidate takes an test or they sit it:
Professor Oloyede said over a million candidates wrote the UTME last year. (Wrong)
Professor Oloyede said over a million candidates took the UTME last year. (Correct)
Professor Oloyede said over a million candidates sat the UTME last year. (Correct)
Writing an exam
There is, however, a situation one can or does write an exam: if the person is the teacher or examiner. The examiner writes the test (the test questions), with the invigilator, supervisor etc. also usually playing a role:
“The principal wants to know if I have written my exam,” the Chemistry teacher said. (Correct)
I write my test early every term because I am often busy towards the end of it. (Correct)
I will not be around next week. So, Dr Olubode will help me conduct the Economics exam.
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Policymakers in several states are looking to shore up the security of the electrical grid after a series of attacks at substations in latest months exposed vulnerabilities and knocked out power for thousands.
Over the last year, at least four states have reported deliberate attacks against electrical transmission facilities. The most significant outage occurred in early December, when a peak of over 45,000 utility customers in Moore County, North Carolina, were left without power after two substations were attacked with gunfire.
Republican state Rep. Ben Moss is proposing legislation that would strengthen security and told the AP that December's attacks turned his district into "a ghost town." He added, "When the power goes out, you don’t have heat, don’t have food, can’t get fuel or some medications, the people are unsafe."
WHAT IS THE NATIONAL POWER GRID AND HOW RESILIENT IS IT?
CARTHAGE, USA - DECEMBER 05: A view of the substation while work is in progress as tens of thousands are without power on Moore County after an attack at two substations by Duke Electric were shot at in Carthage NC, United States on December 05, 2022 (Photo by Peter Zay/Anadolu Agency via Getty Images / Getty Images)
A draft version of the bill obtained by the AP would require utilities to provide 24-hour security at substations and security improvements would vary at different sites, as some facilities are gated and have video surveillance while others are relatively exposed. Moss considers his bill "a conversation opener" that he hopes will help lawmakers, utilities and security experts identify cost-effective defenses that won't result in higher prices for consumers.
Last week, authorities in North Carolina reported an incident involving gunfire at a substation in Randolph County. No outages were reported and the FBI's Joint Terrorism Task Force is reportedly probing the incident. No arrests have been made in either the Moore County or Randolph County substation attacks.
South Carolina saw at least 12 incidents involving intentional damage at substations last year, including an incident the FBI responded to days after the Moore County, North Carolina, in which gunfire was reported, but the power remained on.
A gate blocks the road leading to the West End Substation, at 6910 NC Hwy 211 in West End, N.C., Monday, Dec. 5, 2022, where a serious attack on critical infrastructure has caused a power outage to many around Southern Pines, N.C. ( AP Photo/Karl B DeBlaker / AP Images)
Utility companies in South Carolina are calling on lawmakers to toughen penalties for destroying electrical infrastructure, and a bill in the state Senate would implement a sliding scale based on damage done to the facilities. Under the proposal, damage exceeding $25,000 could land a perpetrator in prison for up to 20 years – double the current 10-year maximum sentence. A 25-year sentence would apply if anyone died or their health was damaged by an outage following an attack.
Attacks against electrical facilities have also been prevalent in the Pacific Northwest. Utilities in Oregon and Washington reported 15 physical attacks on electrical facilities in 2022, including 10 in the last two months of the year. A series of attacks on four Puget Sound area substations on Christmas Day left 15,000 utility customers without power.
NORTH CAROLINA POWER GRID ATTACK EXPOSES VULNERABILITIES, PROMPTS SCRUTINY OF OTHER latest ATTACKS
Workers work on equipment at the West End Substation, at 6910 NC Hwy 211 in West End, N.C., Monday, Dec. 5, 2022, where a serious attack on critical infrastructure has caused a power outage to many around Southern Pines, N.C. (AP Photo/Karl B DeBlaker / AP Images)
Two men in Washington state are facing charges of conspiracy to damage energy facilities after they attacked four substations dozens of miles apart on December 25, 2022, and knocked out power for 15,000 customers in the Puget Sound area. Prosecutors say the motive was to commit a burglary at an area business while power was down.
Washington's State Energy Office is looking to make physical and cybersecurity updates to the state's electrical infrastructure as it undergoes an overhaul under the state's Clean Energy Transformation Act.
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No arrests have been made in the deliberate attack on a substation in Clackamas County, Oregon, that occurred on the morning of Thanksgiving. Oregon's Public Utility Commission is working with the utility companies it regulates to increase vigilance and explore security improvements at facilities.
Federal energy regulators are also looking to make improvements to the security of the electrical grid. The North American Electric Reliability Corporation (NERC), which oversees America's bulk power system, is expected to submit a report and make recommendations on possible security improvements by early April.
The Associated Press contributed to this report.
A latest spate of attacks on electrical substations in North Carolina and other states has underscored the continued vulnerability of the nation’s electrical grid, according to experts who warn that the power system has become a prime target for right-wing extremists.
Over the last three months, at least nine substations have been attacked in North Carolina, Washington State and Oregon, cutting power to tens of thousands of people. After those attacks, federal regulators ordered a review of security standards for the electrical system.
The F.B.I. on Friday said that it was offering two $25,000 rewards for information that leads to the conviction of those responsible for shooting and damaging two substations in Moore County, N.C., on Dec. 3 and for shooting at another substation in Randolph County, N.C., on Jan. 17. The Moore County attack caused 45,000 people to lose power, some for five days.
Concerned about the sabotage, legislators in North Carolina, South Carolina and Arizona have introduced bills that would require 24-hour security at substations or toughen penalties for damaging them.
The proposals represent the latest efforts to protect the grid since 2013, when a sniper attack on a power station in California raised alarms across the industry. Experts say that it inspired others to plot similar attacks.
Because they house transformers that transfer power from region to region, the tens of thousands of substations across the country represent the most vulnerable nodes in the nation’s vast electrical grid, said Jon Wellinghoff, a former chairman of the Federal Energy Regulatory Commission.
While federal rules require utilities to periodically review security at the most critical substations, many smaller substations in rural areas remain protected by little more than chain-link fencing, security cameras and lighting, Mr. Wellinghoff said. That leaves them vulnerable to rifle attacks, he said.
Mr. Wellinghoff said he was panic about more shootings like the one in Moore County as well as larger plots against a “finite number” of substations nationwide, which, if disabled, would knock out power in half the country.
“The risk is continued disruption of our economic system in our country — not only that, but there’s also lives at stake,” Mr. Wellinghoff said, noting that people rely on electricity for heat and medical equipment.
Manny Cancel, chief executive of the Electricity Information Sharing and Analysis Center, a clearinghouse for information about threats against the electrical system, said that cyberattacks were more likely to cause widespread outages than guns and explosives.
“I do think there is a level of protection, of resilience, that’s built into the grid,” Mr. Cancel said. The question is, he said, “Is there more that we should do?”
While regulators have long panic about terrorism at substations, there is concern among national security officials and researchers that the stations have become attractive targets for right-wing extremists in particular.
From 2016 to 2022, white supremacist plots targeting energy systems “dramatically increased in frequency,” according to a study released in September by researchers at the Program on Extremism at George Washington University.
Over that period, 13 people associated with white supremacist movements were charged in federal courts with planning attacks on the energy sector, the study said, and 11 of those defendants were charged after 2020.
The study attributed the targeting of the energy sector to the rise of “accelerationism,” a term white supremacists have adopted to describe their desire to hasten the collapse of society.
“The goal is to create chaos, to spread confusion and damage systems that are vital to the U.S.,” said Ilana Krill, a research fellow at the Program on Extremism and a co-author of the study.
In February 2022, three men pleaded guilty to federal charges connected to a planned attack on substations after they had “conversations about how the possibility of the power being out for many months could cause war, even a race war, and induce the next Great Depression,” the Justice Department said.
That same month, a Department of Homeland Security bulletin warned that domestic violent extremists had recently aspired to disrupt electrical and communications systems as “a means to create chaos and advance ideological goals.”
While most of the warnings have focused on right-wing extremists, a man who was convicted of firing a rifle at a Utah substation in 2016 told a confidential witness that he wanted to “destroy industrial capitalism” and to “do millions of dollars of damage to the fossil fuel industry,” court documents show.
The authorities have not arrested anyone or identified any motive in the shooting at the substations in Moore County, which forced schools to close and prompted some residents to warm their hands over barrel fires.
“It was just a very dreary look when you had no lights and no businesses open,” Ben T. Moss Jr., a Republican state representative whose district includes Moore County, said in an interview. “It was almost something out of a horror movie.”
In January, two men were charged in connection with attacks on four substations in Washington State on Dec. 25 that left more than 7,000 people without power.
The authorities said the men wanted to supply themselves cover to burglarize a local business — a plot that did not suggest any larger ideological motive. They caused the outages by manipulating breakers and tampering with switches, according to court documents.
Although experts said it would be impractical to assign a security guard or build a 20-foot wall around every substation in the country, some recommended gunshot detectors, motion sensors and opaque fencing to block a gunman’s line of sight.
Mr. Moss, who has introduced legislation calling for more security at substations in North Carolina, said the attacks there should concern everyone.
“You’re not immune to this,” he said, adding that when the power goes out “everyone is affected.”
