Press release
Test and Measurement Equipment Market 2019 Global Leaders Overview: EXFO, Advantest, Cobham, Teledyne Technologies, Fortive, Viavi Solutions, Cobham, Texas Instruments, Rohde & Schwarz
Market Overview:
Test and measurement equipment market is estimated to exhibit high growth potential during the forecast period owing to the increasing demand for test and measurement equipment solutions and services across various industry verticals. Additionally, innovations and advancements in technology and increasing market for test and measurement equipment solutions owing to the increasing demand for test and measurement equipment in industrial applications is adding fuel to the growth of the market.
Fortive, Rohde & Schwarz, Anritsu Corporation, Keysight Technologies, Yokogawa Electric Corporation, National Instruments Corporation, Teledyne Technologies, Inc. and Texas Instruments Inc. are some of the leading players in the market. Texas Instruments offers high-performance analog products and embedded processors to their consumers. The company believes in continually pushing the performance limits of precision test and measurement solutions. The test and measurement solutions being offered by the company include signal measurement, source generation, application specific and instrumentation. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements. The increasing push towards the use of test and measurement equipment solutions across different industry verticals is one major factor driving the growth of test and measurement equipment market. The growth of the global test and measurement equipment market is anticipated due to the convenience being provided to the users with the adoption of test and measurement equipment solutions
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5718
The global test and measurement equipment market is a segmented product, service, and application.
The application segment is classified into automotive, aerospace & defense, electronics & semiconductors, industrial, education, IT & telecommunication, and healthcare. However, the industrial application sub-segment is expected to hold a major share of the global test and measurement equipment market during the forecast period. This is owing to the increasing dependency of business operations on industrial applications. The test and measurement equipment are being used at different stages of the product’s development lifecycle and hence are increasingly being deployed for testing industrial applications. However, the lack of awareness regarding the test and measurement equipment solutions and price sensitivity are major factors that could cause hindrance in the growth of global test and measurement equipment market.
According to the analysis of Market Research Future, the global Test and Measurement Equipment Market is estimated to generate revenue of approximately USD 28 billion by 2023 growing at a CAGR of 4% during the forecast period 2017-2023.
Key Players:
Some of the prominent players in the global test and measurement equipment market are Fortive (U.S.), Rohde & Schwarz (Germany), Anritsu Corporation (Japan), Keysight Technologies (U.S.), Yokogawa Electric Corporation (Japan), National Instruments Corporation (U.S.), EXFO (Canada), Advantest Corporation (Japan), Viavi Solutions (U.S.), Cobham plc. (U.K), Teledyne Technologies, Inc. (U.S.), and Texas Instruments Inc., (U.S.) among others.
Segmentation Analysis
The test and measurement equipment market is segmented on the basis of product, service, application, and region. By product, the market is divided into two major segments, namely general purpose and mechanical. The general purpose segment is set to attain a large market share by 2023 owing to its demand in industrial applications. Emergence of smartphones have been pivotal in driving segment growth during the forecast period. Devices used for general purpose testing include electronic counter, automatic test equipment, spectrum analyzer, modular instrumentation, oscilloscopes, power meter, signal generator, digital multimeter, network analyzer, and logic analyzer. Automatic test equipment are gaining adoption across semiconductor manufacturing firms due to changes in design and miniaturization of chips.
Services offered include calibration and after sales services. The after sales services segment is anticipated to exhibit a higher growth rate amongst the two. Large numbers of electronic devices entering commercialization coupled with a wide scope for revamped electronics is touted to boost segment growth.
Major applications include industrial, electronics & semiconductors, healthcare, IT & telecommunication, aerospace & defense, automotive, and education. The industrial segment is projected to capture a lion’s share of the test and measurement equipment market due to heavy dependency on business operations.
The healthcare segment is anticipated to generate significant revenue for the market owing to demand for patient monitoring systems. Increasing demand for remote monitoring systems coupled with prominence of telemedicine can widen the potential for the segment.
The aerospace & defense segment is touted to evoke market demand due to heavy investments in the defense sector. Security concerns, border tensions, and increasing air traffic are factors fueling segment growth.
Regional Analysis
Regions covered in the test and measurement market report include Europe, North America, Asia Pacific (APAC), and Rest of the World (RoW).
The APAC market is expected to dominate till 2023, followed by North America and Europe. Rise in technological breakthroughs in Japan and China is predicted to induce demand for testing solutions. Presence of well-established infrastructure coupled with implementation of latest technologies are factors spurring market growth. Presence of various original equipment manufacturers (OEMs), rise of telecommunication protocols, and semiconductor firms are anticipated to drive the market.
The Europe market is predicted to increase in size owing to regions such as the U.K. Rise in number of smartphone users, increase in IP traffic, and evolution of telecommunication standards are expected to fuel market demand in the coming years.
Get Complete Report @ https://www.marketresearchfuture.com/reports/test-measurement-equipment-market-5718
Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Government Bodies
• Consulting Service Providers
• Technology Providers
• System Integrators
• Software Vendors
• Web Content Developers
• Service Providers
• Cloud Platform Providers
• Mobile Application Developers
• Communication Service Providers (CSPs)
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Test and Measurement Equipment Market 2019 Global Leaders Overview: EXFO, Advantest, Cobham, Teledyne Technologies, Fortive, Viavi Solutions, Cobham, Texas Instruments, Rohde & Schwarz here
News-ID: 1519490 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
