IoT and Hi-speed Communication Powering the Global Electronic Test and Measurement Market, 2020
Electronic test and measurement instruments are used to capture, process, and display data, signals, electrical parameters. These instruments find significant utilization in research, product development, prototyping, manufacturing, and field testing applications. Electronic test and measurement market participants have continued to invest in the R&D and capability upgrades of these instruments, even as they continue to play an integral role in the development of emerging technologies, such as 5G, WiFi6, autonomous driving, electric vehicles. As digital transformation, IoT, Industry 4.0, and other Mega Trends take center stage, the use of connected electronic devices will grow irrespective of vertical, as will the demand for electronic T&M.
This research deliverable focuses on assessing the market potential of the electronic T&M market by weighing the various dynamics that affect the market, especially in the light of the ongoing COVID-19 pandemic. The study focuses on key growth opportunities that market participants must consider to strategize their operations.
Leveraging strong relationships with participants in the T&M market, in combination with desk research and market expertise accumulated over the past 20 years by tracking and monitoring this space, Frost & Sullivan has developed a detailed study of the electronic T&M market. This research service analyzes the market from various angles including product type, application, end user, and geography.
Revenue forecasts are provided for:
Segments: semiconductor automatic test equipment (ATE), radio frequency (RF) test equipment, digital test equipment, electrical and environmental test, and data acquisition (DAQ);
Products: as semiconductor ATE, one-box testers, spectrum and signal analyzers, signal generators, network analyzers, power meters, electronic counters, oscilloscopes, power analyzers, bit error rate testers (BERT), protocol analyzers, logic analyzers, digital multimeters, electrical testers, environmental testers, and DAQ equipment.
End-user verticals: communications, semiconductors, consumer electronics, aerospace and defense, industrial electronics, automotive and transportation, energy, medical devices, and others
Regions: North America, Europe, Asia-Pacific, and Latin America, and the Middle East and Africa
The research service covers leading competitors, such as Keysight Technologies, Teradyne, Advantest, Rohde & Schwarz, Tektronix, National Instruments, Fluke, Anritsu, Xcerra (Cohu), Teledyne LeCroy, Yokogawa, Testo, FLIR, Chauvin Arnoux, and Hioki. The base year for this research is 2019, with historical data from 2016 to 2018. The forecast period is from 2020 to 2025.
KEY ISSUES ADDRESSED
Is the Electronics T&M market growing? How long will it continue to grow, and at what rate?
What is the impact of COVID-19 on the electronic T&M market?
How does the demand vary with application and will it be consistent for the next 5 years?
What are the technological changes happening in the industry?
Do the products/services offered today meet customer needs or is additional development needed?
Which end-user industry will generate the highest demand for electronic test equipment?
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