Executive Study on US and Europe OTA Testing Market by Industry 2021-2028| Anritsu Corporation, Bureau Veritas S.A, CETECOM GmbH, Eurofins Scientific SE

The US and Europe OTA testing market is expected to grow from US$ 561.6 million in 2021 to US$ 814.6 million by 2028. It is estimated to grow at a CAGR of 5.5 % from 2021 to 2028. The automakers in the US and Europe are observing substantial demand for smart devices in their vehicles. This has led the automobile manufacturers to continuously focus on innovating, designing and developing autonomous cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward smart and fully autonomous cars, the market of OTA testing is surrounded with huge opportunities.

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US and Europe OTA Testing Market Segment by Manufacturers includes:
• Anritsu Corporation
• Bureau Veritas S.A
• CETECOM GmbH
• Eurofins Scientific SE
• Intertek Group Plc
• Keysight Technologies Inc.
• ROHDE and SCHWARZ GmbH & Co. KG
• SGS
• TUV Rheinland AG
• UL LLC

The OTA testing market is analyzed on the basis of technology, type, frequency, application, and end user. Based on end user, the market is segmented into aerospace and defense, consumer electronics, automotive, logistic and transportation, healthcare. Currently, LTE technology dominates the market. However, 5G is anticipated to dominate the OTA testing market by the forecast period. Furthermore, the OTA testing has its application in a series of areas, such as home automation, mobile payment system, utility management system, and traffic control system.

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As selected countries observed a rise in the number of reported cases subsequently attracted strict and longer lockdown periods or social isolation, the effect of COVID-19 varied from country to country throughout the European region. However, due to the strong healthcare system, western European countries such as Germany, France, Russia, the United Kingdom, and others have been a comparatively modest decrease in their development activities.

Key Questions Answered in this Report:

1 How has the US and Europe OTA Testing market performed so far and how will it achieve growth in the coming years?

2 What will the market size be in 2028?

3 What are the key features driving the US and Europe OTA Testing Market?

4 What are the challenges to market growth?

5 What is the structure of the US and Europe OTA Testing industry and who are the key players?

6 What are the market prospects and threats faced by the key players?

7 What are the profit margins in the US and Europe OTA Testing business?

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