Communication Test Equipment Market by Application and Geography - Forecast and Analysis 2022-2026

Published: Jul 2022

Pages: 137

SKU: IRTNTR41603

Snapshot

The communication test equipment market share is expected to increase to USD 5.95 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.38%.

This communication test equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers communication test equipment market segmentation by application (telecommunication, avionics and defense, automotive, and others) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The communication test equipment (CTE) market report also offers information on several market vendors, including Analog Devices Inc., Anritsu Corp., Aplab Ltd., Astronics Corp., Calnex Solutions Plc, EXFO Inc., Farran, GL Communications Inc., Good Will Instrument Co. Ltd., Keysight Technologies Inc., Megger Group Ltd., National Instruments Corp., NetScout Systems Inc., Rohde and Schwarz GmbH and Co. KG, Spirent Communications Plc, Tektronix Inc., TESSCO Technologies Inc., Texas Instruments Inc., Viavi Solutions Inc., and Yokogawa Electric Corp. among others.

What will the Communication Test Equipment Market Size be During the Forecast Period?

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Communication Test Equipment Market: Key Drivers, Trends, and Challenges

The increasing penetration of smart devices is notably driving the communication test equipment market growth, although factors such as high costs of deployment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the communication test equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Communication Test Equipment Market Driver

The increasing penetration of smart devices is one of the key factors driving the communication test equipment (CTE) market growth. There is an increase in demand for smart devices due to the development of high-speed network infrastructure. Hence, the proliferation of smart devices incorporating innovative technologies, such as augmented reality, gesture recognition, and voice recognition will increase the need for high-speed communication networks. In addition, the development of smart devices will also lead to increased investments in the development and commercialization of 5G networks. These factors will accelerate the demand for communication testing equipment to build network infrastructure during the forecast period.

Key Communication Test Equipment Market Trend

Government initiatives for high-speed network connectivity is one of the key communication test equipment market trends fueling the market growth. Currently, governments are increasingly focusing on implementing automation across the sector, which is attracting investments in building high-speed communication network infrastructure. As a result, market participants are collaborating with governments to build network infrastructure. This will increase the need for communication test equipment, which is used to test telecommunication networks for providing high-speed network connectivity. Thus, the increasing government initiatives for the development of high-speed networks will accelerate the development of communication test equipment, such as frequency counter, oscilloscope, and spectrum analyzer, for high-speed network connectivity during the forecast period.

Key Communication Test Equipment Market Challenge

High costs of deployment is one of the key factors challenging the communication test equipment (CTE) market growth. Deployment costs may vary depending on the bandwidth requirements for a particular network connection. The expansion of the network capacity requires the existing equipment to be replaced and upgraded, which leads to additional costs. In the case of faults in cables, it becomes extremely difficult to identify the point and source of faults as long-haul networks are huge. This leads to a loss of time and increases the overall cost. Thus, the need for high upfront investments and deployment costs is expected to remain a major challenge for the adoption of communication test equipment during the forecast period.

This communication test equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global communication test equipment market as a part of the global electronic equipment and instruments market within the overall electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the CTE market during the forecast period.

Who are the Major Communication Test Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

This statistical study of the CTE market encompasses successful business strategies deployed by the key vendors. The communication test equipment market is fragmented and the vendors are deploying growth strategies such as technological innovations and strategic partnerships and acquisitions to compete in the market.

Product Insights and News

Analog.com - The company offers communication test equipment radioverse integrated transceivers.
Anritsu.com - The company offers communication test equipment such as MT8000A.
Aplab.com - The company offers communication test equipment such as model SLG620, SLM620-1, and SLM620.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The communication test equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Communication Test Equipment Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the communication test equipment (CTE) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Communication Test Equipment Market?

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42% of the market’s growth will originate from APAC during the forecast period. China, Japan, South Korea, and Taiwan are the key markets for the CTE market in APAC. Market growth in this region will be slower than the growth of the market in North America.

Rising demand for mobile communication devices will facilitate the communication test equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a negative influence on the production and distribution of communication test equipment. However, demand for communication test equipment gained traction, increasing the regional end-user activities as a consequence of the removal of lockdown limitations in APAC, owing to large-scale vaccination campaigns across the region. This, in turn, is likely to contribute positively to the regional CTE market growth throughout the forecast period.

What are the Revenue-generating Application Segments in the Communication Test Equipment Market?

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The communication test equipment market share growth by the telecommunication segment will be significant during the forecast period. The adoption of communication test equipment is dependent on the growth of the telecommunications sector. Following commercial expansion and growing subscriber bases, operators are moving toward 4G services and 5G services. In addition, R&D investments in the emerging LTE-advanced (LTE-A) technologies and the commercialization of 5G in 2020 have fueled the growth of the telecommunications sector.

This report provides an accurate prediction of the contribution of all the segments to the growth of the communication test equipment(CTE) market size and actionable market insights on post COVID-19 impact on each segment.

Communication Test Equipment Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 9.38%
Market growth 2022-2026	$ 5.95 billion
Market structure	Fragmented
YoY growth (%)	8.56
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 42%
Key consumer countries	US, China, Japan, South Korea, and Taiwan
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Analog Devices Inc., Anritsu Corp., Aplab Ltd., Astronics Corp., Calnex Solutions Plc, EXFO Inc., Farran, GL Communications Inc., Good Will Instrument Co. Ltd., Keysight Technologies Inc., Megger Group Ltd., National Instruments Corp., NetScout Systems Inc., Rohde and Schwarz GmbH and Co. KG, Spirent Communications Plc, Tektronix Inc., TESSCO Technologies Inc., Texas Instruments Inc., Viavi Solutions Inc., and Yokogawa Electric Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Communication Test Equipment Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive communication test equipment market growth during the next five years
Precise estimation of the communication test equipment market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the communication test equipment industry across APAC, North America, Europe, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of communication test equipment market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application

5.3 Telecommunication - Market size and forecast 2021-2026
- Exhibit 28: Chart on Telecommunication - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Telecommunication - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Telecommunication - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Telecommunication - Year-over-year growth 2021-2026 (%)

5.4 Avionics and defense - Market size and forecast 2021-2026
- Exhibit 32: Chart on Avionics and defense - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Avionics and defense - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Avionics and defense - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Avionics and defense - Year-over-year growth 2021-2026 (%)

5.5 Automotive - Market size and forecast 2021-2026
- Exhibit 36: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Automotive - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Application
- Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026
- Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 South Korea - Market size and forecast 2021-2026
- Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)

7.12 Taiwan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Taiwan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Taiwan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Taiwan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Taiwan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption

9.4 Industry risks
- Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 95: Vendors covered

10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification

10.3 Analog Devices Inc.
- Exhibit 97: Analog Devices Inc. - Overview
- Exhibit 98: Analog Devices Inc. - Business segments
- Exhibit 99: Analog Devices Inc. - Key offerings
- Exhibit 100: Analog Devices Inc. - Segment focus

10.4 Anritsu Corp.
- Exhibit 101: Anritsu Corp. - Overview
- Exhibit 102: Anritsu Corp. - Business segments
- Exhibit 103: Anritsu Corp. - Key news
- Exhibit 104: Anritsu Corp. - Key offerings
- Exhibit 105: Anritsu Corp. - Segment focus

10.5 Aplab Ltd.
- Exhibit 106: Aplab Ltd. - Overview
- Exhibit 107: Aplab Ltd. - Product / Service
- Exhibit 108: Aplab Ltd. - Key offerings

10.6 Astronics Corp.
- Exhibit 109: Astronics Corp. - Overview
- Exhibit 110: Astronics Corp. - Business segments
- Exhibit 111: Astronics Corp. - Key offerings
- Exhibit 112: Astronics Corp. - Segment focus

10.7 Calnex Solutions Plc
- Exhibit 113: Calnex Solutions Plc - Overview
- Exhibit 114: Calnex Solutions Plc - Product / Service
- Exhibit 115: Calnex Solutions Plc - Key offerings

10.8 EXFO Inc.
- Exhibit 116: EXFO Inc. - Overview
- Exhibit 117: EXFO Inc. - Product / Service
- Exhibit 118: EXFO Inc. - Key offerings

10.9 Farran
- Exhibit 119: Farran - Overview
- Exhibit 120: Farran - Product / Service
- Exhibit 121: Farran - Key offerings

10.10 GL Communications Inc.
- Exhibit 122: GL Communications Inc. - Overview
- Exhibit 123: GL Communications Inc. - Product / Service
- Exhibit 124: GL Communications Inc. - Key offerings

10.11 Good Will Instrument Co. Ltd.
- Exhibit 125: Good Will Instrument Co. Ltd. - Overview
- Exhibit 126: Good Will Instrument Co. Ltd. - Product / Service
- Exhibit 127: Good Will Instrument Co. Ltd. - Key offerings

10.12 Keysight Technologies Inc.
- Exhibit 128: Keysight Technologies Inc. - Overview
- Exhibit 129: Keysight Technologies Inc. - Business segments
- Exhibit 130: Keysight Technologies Inc. - Key news
- Exhibit 131: Keysight Technologies Inc. - Key offerings
- Exhibit 132: Keysight Technologies Inc. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 133: Inclusions checklist
- Exhibit 134: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 135: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 136: Research methodology
- Exhibit 137: Validation techniques employed for market sizing
- Exhibit 138: Information sources

11.5 List of abbreviations
- Exhibit 139: List of abbreviations

of skilled human resource: Test and measurement equipment such as tunable diode laser analyzer (TDLA), optical time-domain reflectometer (OTDR), and process analyzers are required to be used by an expert in chemical and instrumentation engineering. Many of these equipment are used in manufacturing or production process. The individuals using this equipment need to have an overall understanding of the process to operate the equipment efficiently. One of the major challenges to the market is the lack of skilled human resource in the market. In many instances, end-users are not really satisfied with the use of these test and measurement equipment if they were not properly installed, serviced or calibrated properly. This also deters potential buyers to invest in these test and measurement equipment.

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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