Test and Measurement Equipment Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2026
In 2020, the global Test and Measurement Equipment market size was US$ 10810 million and it is expected to reach US$ 16400 million by the end of 2027, with a CAGR of 6.8% during 2021-2027.
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Top Leading Companies of Global Test and Measurement Equipment Market are - Keysight, Anritsu, Tektronix, Rohde & Schwarz, Ametek, Viavi, Teledyne, Ceyear, Advantest, National Instruments, Exfo, Yokogawa Electric, Gw Instek, RIGOL Technologies, Transcom Instrument, Siglent, Uni Trend Technology, Scientech Technologies Pvt. Ltd, B&K Precision and others.
Industry News and Updates:
Keysight Unveils Comprehensive Design and Test Workflow for Next-Generation Memory Designs
SANTA ROSA, Calif. April 27, 2021-- Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced a comprehensive workflow solution - PathWave Advanced Design System (ADS) 2022 - that reduces design time and de-risks product development for Double Data Rate 5 (DDR5), Low-Power Double Data Rate 5 (LPDDR5) and Graphics Double Data Rate 6 (GDDR6) memory systems.
Test and Measurement equipment comprises tools or instruments that can help analyze, validate, and verify electronic, electrical, and mechanical systems and their output.
Global Test and Measurement Equipment key players include Keysight, Anritsu, Tektronix, Rohde & Schwarz, Ametek etc. Global top five manufacturers hold a share over 30%. Asia-Pacific is the largest market, with a share about 47%, followed by North America and Europe. In terms of product, Microwave/ Millimeter-wave is the largest segment, with a share over 31%. And in terms of application, the largest application is Automotive, followed by IT & Telecommunications, Semiconductor & Electronics, etc.
On The Basis of Types: -
Microwave/ Millimeter-wave Measuring Instruments
Photoelectric Measuring Instruments
Communication Measuring Instruments
Basic Measuring Instruments
Basic Measuring Instruments include digital oscilloscopes, photovoltaic instruments, program-controlled po
On The Basis of Application: -
Aerospace & Defense
IT & Telecommunications
Healthcare (Medical & Pharmaceuticals)
Semiconductor & Electronics
The market in North America has been segmented into the US, Canada, and Mexico. North America accounted for a share of 33.6% of the test and measurement equipment market in 2020. The market in this region is expected to be driven by the growing demand from the healthcare, and IT and telecommunications sectors. With advancements in autonomous driving technology and recent Internet of Things (IoT) technology trends, there is a need for improved bandwidth and latency reduction, which can be easily achieved through 5G. The US is one of the active participants in the league for commercializing the 5G network throughout the country.
The regions are further sub-divided into:
-North America: US, Mexico, Canada
-Europe: Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg
- Asia-Pacific: China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore
- South America: Brazil, Argentina, Peru, Chile
- Middle East and Africa: Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa
Following are major Table of Content of Test and Measurement Equipment Market:
–Overview of Test and Measurement Equipment Market
–Global Market Status and Forecast by Regions
–Global Market Status and Forecast by Types
–Global Market Status and Forecast by Downstream Industry
–Market Driving Factor Analysis
–Market Competition Status by Major Manufacturers
–Major Manufacturers Introduction and Market Data
–Upstream and Downstream Market Analysis
–Cost and Gross Margin Analysis
–Marketing Status Analysis
–Market Report Conclusion
–Research Methodology and Reference
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Reasons to Purchase This Report:
-Test and Measurement Equipment Market advancement outlooks with the new inventions and SWOT analysis.
-Market elements situation, alongside development chances of the market in the upcoming years.
-Market division investigation including subjective and quantitative exploration fusing the effect of financial and strategy viewpoints.
-Global as well as regional examination incorporating the demand and supply powers that are affecting the development of the market.
-Comprehensive organization profiles covering the product offerings, key financial information, recent developments and strategies by the key players.
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
- 15% customization equal to 60 analyst hours.
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