Circuit Tracer Market Size, Share, and Industry Analysis, By Product Type (Wired Circuit Tracers and Wireless Circuit Tracers), By Frequency Range (Low-Frequency Circuit Tracers and High-frequency circuit Transformers), By End-User (Residential, Commercial, and Industrial) and Regional Forecast, 2025-2032

Circuit tracers are relatively electrical testing devices that enable users to trace, locate, and recognize electrical problems such as shorts, breakers, and open circuits. Basically, these are signal tracers used to troubleshoot circuits. Some circuit tracers can find wires underground, behind walls, and inside junction boxes. Most products are accomplished by continuity checks and perceptible steadiness measurements, which test a circuit for completeness. The rising industrial and residential construction activities are driving the demand for circuit tracers as they are essential devices in power supply.

• In May 2022, Klein Tools introduced the new Advanced Circuit Tracer Kit, offering tracing of breakers and wires through various materials.

Many activities halted globally during the period of the COVID-19 pandemic. Several industries paused their manufacturing and services operations due to lockdowns. It also had a negative impact on the circuit tracer market. As low demand created a destructive effect on the market, many products faced issues in the supply chain. Again, a pause in activities where circuit tracers play an essential role, such as construction sectors, influences market growth.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in Circuit Tracers
• Key Industry Trends
• Regulatory Landscape for Circuit Tracers
• Key Industry Developments (Mergers, Acquisitions, and Partnerships)
• Impact of COVID-19 on the Market

SEGMENTATION

ANALYSIS BY PRODUCT TYPE

By product type, the market is segmented into wired circuit tracers and wireless circuit tracers. The wired circuit tracers segment holds the maximum share in the global market owing to the traditional way used in the electrical and electronics wiring throughout the buildings. Hence, it is expected to dominate the segment globally. The rising technological advances in the electrical sector are a crucial factor for wireless circuit tracers. Moreover, wireless circuit tracers are the fastest-growing segment in the global market due to the growth in technological advancements.

ANALYSIS BY FREQUENCY RANGE

Based on the frequency range, the global market is segmented into low-frequency circuit tracers and high-frequency circuit transformers. High-frequency circuit transformers are considered the dominating segment driven by their functionality. Such as the circuit tracers with high voltage range function with both energized and de-energized circuits. Additionally, it can work well with the low voltage system in the buildings. Low-frequency circuit tracers are the fastest growing segment driven by their application in low voltage settings.

ANALYSIS BY END-USER

Based on the end-user, the market covers residential, commercial, and industrial. Residential is the dominating segment globally, driven by the rising construction activities in the market. The residential sector is mainly connected to the electronics and electrical sectors due to the power management and securing of various components. Hence, the circuit tracer is growing in numbers accordingly. The commercial is expected as the fastest growing segment driven by the growing operation in the commercial areas. Rising constructions for new hotels, buildings and other commercial infrastructure will boost the market growth.

REGIONAL ANALYSIS

The global market is continuously growing due to the rising development in infrastructure operations. Asia Pacific is expected to be the dominating region globally, driven by multiple factors. The rising construction activities in India, Japan and other Asian countries are driving the market.

Europe is considered one of the fastest-growing segments in the region. The government's focus on reliable power supply and electricity transportation is the critical factor as circuit trackers play an essential role in the power supply.

North America also contributes an ample amount of its share in the global market. In addition, the availability of manufacturers is also one of the driving factors for growth in North America.

The Middle East & Africa region is also increasing due to the rising activities in the construction areas. The Middle East is continuously focusing on infrastructure development due to tourism activities. Latin America is also contributing to the circuit tracer market backed by Brazil and Mexico.

KEY PLAYERS COVERED

Some crucial businesses in the global circuit tracer market are FLIR Systems, Fortive, Southwire, Mastech, IDEAL Industries, Klein Tools, Triplett, Greenlee, and Fluke Corporation.

KEY INDUSTRY DEVELOPMENTS

• In May 2024, DEAL Electrical, an electrical equipment manufacturing company, is pleased to announce the launch of two innovative circuit tracers to its portfolio. Both the IDEAL Electrical SureTrace Circuit Tracer and the IDEAL Electrical SureTrac Plus Circuit Tracer are ready to deliver.

• In May 2023, Fluke recently launched a pair of wire tracers designed to ease the process of tracing and troubleshooting on both de-energized and energized wires. The Fluke 2062 Advanced Pro and 2052 Advanced Wire Tracer kits have a safety rating of Cat IV 600V.