Global Testing Equipment Market Key Players, Covid-19 Impact Analysis, Size, Share, Demands and Forecasts to 2025

"Global Testing Equipment Market: Size, Trends & Forecast with Impact Analysis of COVID 19 (2021-2025)", provides an in-depth analysis of the global testing equipment market by value, by end-user, by region, etc. The report provides a regional analysis of the testing equipment market, including the following regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. The report also provides a detailed analysis of the COVID-19 impact on the testing equipment market.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall testing equipment market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global testing equipment market is fragmented with many major market players operating worldwide. The manufacturers of testing equipment produce different types of products to cater to the needs of various sectors. The key players of the global testing equipment Market are Keysight Technologies Inc., Teradyne Inc., Advantest Corporation, and Cohu Inc. (LTX-Credence) are also profiled with their financial information and respective business strategies.

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Regional Coverage
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South and Central America

Company Coverage
• Keysight Technologies Inc.
• Teradyne Inc.
• Advantest Corporation
• Cohu Inc. (LTX-Credence)

A testing equipment is used to generate signals and record responses from devices or instruments in order to demonstrate proper operation or track out faults. Testing equipment is used in a wide range of industries. It supports in monitoring equipment performance and identifying anomalies, if any exist. Few examples of testing equipment include plastic testing instruments, paint & plating instruments, paper & packaging instruments, textile & yarn testing instruments, pet & preform testing instruments, environmental test chambers, rubber testing instruments, metal testing instruments, color measurement instruments, water testing equipment, battery testing equipment, eye/ optical testing instruments). The major reasons to use testing equipment are to examine the product quality; to ensure safety of the devices to be used; and to improve device shelf life, performance, accuracy, and efficiency.

The testing equipment market can be segmented on the basis of end-user (consumer electronics, automotive, healthcare, telecom, energy and utility and others).

While most of the industries worldwide suffered a negative impact of COVID-19, the global testing equipment market witnessed a mixed impact on it. Initially, the market witnessed a fall in the supply and shipment of testing equipment, however the demand for testing equipment were more or less the same during the pandemic. Later in the year, the supply nearly matched the demand.

The global testing equipment market has increased during the years 2019-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025. The global testing equipment market is expected to increase due to the increased demand for consumer electronic devices, increasing penetration of smart connected devices, rise in automotive industry, increasing use of testing equipment in industrial sector, and supportive government initiatives, yet the market faces some challenges such as, economic downturn, high cost associated with the testing equipment, increasing complexity of the devices, etc.

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Table of Contents:
1. Executive Summary
2. Introduction
2.1 Testing Equipment: An Overview
2.2 Importance of Testing Equipment
2.3 Testing Equipment: Advantages and Disadvantages
2.4 Testing Equipment: Segmentation
2.4.1 Testing Equipment Segmentation by Product
2.4.2 Testing Equipment Segmentation by End-Users
3. Global Market Analysis
3.1 Global Testing Equipment Market: An Analysis
3.1.1 Global Testing Equipment Market by Value
3.1.2 Global Testing Equipment Market by End-User (Consumer Electronics, Automotive, Healthcare, Telecom, Energy and Utility and Others)
3.1.3 Global Testing Equipment Market by Region (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America)
3.2 Global Testing Equipment Market: End-User Analysis
3.2.1 Global Consumer Electronics Testing Equipment Market by Value
3.2.2 Global Automotive Testing Equipment Market by Value
3.2.3 Global Telecom Testing Equipment Market by Value
3.2.4 Global Healthcare Testing Equipment Market by Value
3.2.5 Global Energy & Utility Testing Equipment Market by Value
3.2.6 Global Other Testing Equipment Market by Value
4. Regional Market Analysis
4.1 North America Testing Equipment Market: An Analysis
4.1.1 North America Testing Equipment Market by Value
4.2 Europe Testing Equipment Market: An Analysis
4.2.1 Europe Testing Equipment Market by Value
4.3 Asia Pacific Testing Equipment Market: An Analysis
4.3.1 Asia Pacific Testing Equipment Market by Value
4.3.2 Asia Pacific Testing Equipment Market by Region (China and Rest of Asia Pacific)
4.3.3 China Testing Equipment Market by Value
4.3.4 Rest of Asia Pacific Testing Equipment Market by Value
4.4 Middle East and Africa Testing Equipment Market: An Analysis
4.4.1 Middle East and Africa Testing Equipment Market by Value
4.5 South and Central America Testing Equipment Market: An Analysis
4.5.1 South and Central America Testing Equipment Market by Value
5. Impact of COVID
5.1 Impact of COVID-19 on the Global Testing Equipment Market
6. Market Dynamics
6.1 Growth Driver
6.1.1 Increased Demand for Consumer Electronic Devices
6.1.2 Increasing Penetration of Smart Connected Devices
6.1.3 Rise in Automotive Industry
6.1.4 Increasing Use of Testing Equipment in Industrial Sector
6.1.5 Supportive Government Initiatives
6.2 Challenges
6.2.1 Economic Downturn
6.2.2 High Cost Associated
6.2.3 Increasing Complexity of the Devices
6.3 Market Trends
6.3.1 Improvement in Wireless Network Infrastructure
6.3.2 Increasing Penetration of AI applications
6.3.3 Escalating Use of Advanced Medical Equipment
6.3.4 Rising Awareness to Reduce Carbon Emission
7. Competitive Landscape
7.1 Global Testing Equipment Market Players: A Financial Comparison
8. Company Profiles
8.1 Keysight Technologies, Inc.
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Teradyne, Inc.
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 Advantest Corporation
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 Cohu Inc. (LTX-Credence)
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy

List of Tables:
Table 1: Global Testing Equipment Market Players: A Financial Comparison; 2020/2021

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