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Global Test and Measurement Market 2017-2021

Global Test and Measurement Market 2017-2021

About Test and Measurement

Test and measurement devices are analytical pieces of equipment and instruments that detect and measure physical properties, biological interactions, and electrical signals. The global test and measurement market plays an important role in the development of new products and technologies. Test and measurement products and services are used in many industries like communications, defense and aerospace, computer hardware, pharmaceuticals, biotechnology, life sciences, and automotive.

Technavio’s analysts forecast the global test and measurement market to grow at a CAGR of 3.71% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global test and measurement market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Test and Measurement Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Anritsu
  • Bureau Veritas
  • Fortive
  • Keysight Technologies
  • National Instruments
Other prominent vendors
  • EXFO
  • FASTECH Telecommunication
  • JDS Uniphase
  • Premier Measurement Solutions
  • Qmax
  • Scientech Technologies
  • SPX
  • Sumitomo
  • Yokogawa Electric
Market driver
  • Growth in telecommunication sector
  • For a full, detailed list, view our report
Market challenge
  • High cost of equipment and price fluctuation of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing need for interoperability
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Test and Measurement Market 2017-2021

Technavio recognizes the following companies as the key players in the global test and measurement market: Anritsu, Bureau Veritas, Fortive, Keysight Technologies, and National Instruments.

Other Prominent Vendors in the market are: EXFO, FASTECH Telecommunication, JDS Uniphase, Premier Measurement Solutions, Qmax, Scientech Technologies, SPX, Sumitomo, and Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing need for interoperability. The global test and measurement market is a constantly evolving market, and the equipment is designed to work with other products. This interoperability feature can be applied to all heterogenous products like video monitors, smoke alarms, home networking or automated products, and home gateways. It can be also applied to some homogenous products like switches and routers.”

According to the report, one driver in the market is growth in telecommunication sector. There has been a huge increase in demand for test and measurement equipment in the telecommunication industry during the past few years all across the world. This is due to various developments in mobile networks, networks, and cloud systems. The telecommunication sector is expected to drive the market for test and measurement during the forecast period. In addition, there has been a significant increase in the IP traffic over a period of time. This is expected to increase further by three times by 2021 than what it was in 2015. To utilize the market, companies are investing huge amounts in developing networks across the world.

Further, the report states that one challenge in the market is high cost of equipment and price fluctuation of raw materials. With the advances in technologies, companies are investing huge amounts to make innovative products, thereby increasing the market competition. Customer preferences are changing every day according to the technologies and manufacturers are trying to meet these expectations to sustain in the market. The major share of the raw materials for the manufacturing of test and measurement equipment comes from China. Due to the high import duty of various governments and cost for transportation, the cost for the manufacturing of these pieces of equipment is high.

Companies Mentioned

Anritsu, Bureau Veritas, Fortive, Keysight Technologies, National Instruments, EXFO, FASTECH Telecommunication, JDS Uniphase, Premier Measurement Solutions, Qmax, Scientech Technologies, SPX, Sumitomo, and Yokogawa Electric.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Application industries for test and measurement equipment and services
      • Table Test and measurement market segmentation by end-user 2016- 2021 ($ millions)
      • Table Test and measurement market segmentation by product
      • Table Test and measurement market segmentation by region
  • Market landscape
    • Market overview
      • Table Global test and measurement market overview
    • Market size and forecast
      • Table Global test and measurement market 2016-2021 ($ billions)
      • Table Demand drivers for test and measurement
    • Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global test and measurement market by product segments (%)
    • Wireless test equipment
      • Table Global wireless test equipment market 2016-2021 ($ billions)
    • General Purpose Test Equipment
      • Table Global GPTE market 2016-2021 ($ billions)
      • Table New semiconductor manufacturing companies developing in China 2016-2021
    • Semiconductor test equipment
      • Table Global semiconductor test equipment market 2016-2021 ($ billions)
    • Real-time test equipment
      • Table Global real-time test equipment market 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Table Global test and measurement market by end-user during 2016 and 2021(%)
    • Aerospace and defense
      • Table Global test and measurement market by aerospace and defense 2016-2021($ billions)
    • Telecommunication
      • Table Global test and measurement market by telecommunication sector 2016-2021($ billions)
    • Semiconductor and electronics
      • Table Global test and measurement market by semiconductor and electronics 2016-2021($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global test and measurement market by geography during 2016 and 2021(%)
    • APAC
      • Table Test and measurement market in APAC 2016-2021 ($ billions)
      • Table Smartphone user base in APAC 2014-2018 (millions)
    • Americas
      • Table Test and measurement market in Americas 2016-2021 ($ billions)
    • EMEA
      • Table Test and measurement market in EMEA 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market Drivers
      • Table Major drivers for aerospace and defense sector
      • Table US defense investments allocation
    • Market challenges
  • Market trends
    • Increasing need for interoperability
    • Emergence of 5G networks
      • Table 4G versus 5G
    • Growth in automobile sector
  • Vendor landscape
    • Competitive scenario
      • Table M&A in global test and measurement market
    • Other prominent vendors
  • Key vendor analysis
    • Anritsu
      • Table Anritsu: Products and solutions offering
      • Table Anritsu: Test and measurements offering
      • Table Key news by Anritsu
    • Bureau Veritas
      • Table Bureau Veritas: Products offering
      • Table Bureau Veritas: Key news
    • Fortive
      • Table Tektronix: Products offering
      • Table Fluke: Datacom Cabling offering
      • Table Fluke: Installation and test offering
      • Table Fluke: Telecom test offering
      • Table Fortive: Key news
    • Keysight Technologies
      • Table Keysight Technologies: Hardware products offering
      • Table Keysight Technologies: Software products offering
      • Table Keysight Technologies: Key news
    • National Instruments
      • Table National Instruments: Product offering by data acquisition and control application
      • Table National Instruments: Product offering by electronic test and instrumentation application
      • Table National Instruments: Product offering by wireless design and test application
      • Table National Instruments: Product offering by engineering education application
      • Table National Instruments: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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