0

Communication Test Equipment Market by Application and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR41603
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The communication test equipment market size has the potential to grow by USD 3.19 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (telecommunication, avionics and defense, automotive, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Analog Devices Inc., Anritsu Corp., Aplab Ltd., EXFO Inc., Keysight Technologies Inc., National Instruments Corp., Rohde & Schwarz GmbH & Co. KG, Spirent Communications Plc, Texas Instruments Inc., and Yokogawa Test & Measurement Corp.

Market Overview

communication-test-equipment-market-size

Browse TOC and LoE with selected illustrations and example pages of communication test equipment market

Request a FREE sample now!

Market Competitive Analysis

The communication test equipment market is fragmented. Market vendors are entering into partnerships and are introducing automated communication test equipment to strengthen their position in the communication test equipment market. National Instruments Corp., Rohde & Schwarz GmbH & Co. KG, Spirent Communications Plc, Texas Instruments Inc., and Yokogawa Test & Measurement Corp. are some of the major market participants. Although the increasing penetration of smart devices will offer immense growth opportunities, the adoption of a virtualized radio access network will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this communication test equipment market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this communication test equipment market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Analog Devices, Inc.
  • Anritsu Corp.
  • Aplab Ltd.
  • EXFO Inc.
  • Keysight Technologies Inc.
  • National Instruments Corp.
  • Rohde & Schwarz GmbH & Co. KG
  • Spirent Communications Plc
  • Texas Instruments Inc.
  • Yokogawa Test & Measurement Corp.

Communication Test Equipment Market: Segmentation by Region

communication-test-equipment-market-share-by-region

For more insights on the market share of various regions Request for a FREE sample now!

APAC was the largest communication test equipment market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increase in mobile subscriber base and Internet penetration will significantly influence communication test equipment market growth in this region.

Almost 44% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for communication test equipment in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Communication Test Equipment Market: Segmentation by Application

communication-test-equipment-market-share-by-distribution-channel

Request for a FREE sample and Get more information on the market contribution of various segments

The adoption of communication test equipment is dependent on the growth of the telecommunications sector. The growing number of mobile and Internet subscribers, along with the increasing adoption of broadband services and evolving communications standards such as LTE as well as LTE-A, is driving the demand for test equipment for testing and measuring the frequency and transmissions at a specific frequency. The launch of new products with increased bandwidth will also boost the adoption of communication test equipment for the testing and measurement of 5G and LTE connections.

Market growth in this segment will be faster than the growth of the market in the avionics and defense, automotive, and other segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the communication test equipment market size.

Communication Test Equipment Market: Key Drivers and Trends

The increasing penetration of smart devices will be a significant factor in driving the growth of the communication test equipment market. Smart devices incorporate various innovative technologies, such as augmented reality, gesture recognition, and voice recognition. These technologies in smart devices require high-speed communication networks to transmit data and derive useful insights. Moreover, several companies are focusing on the development of high-speed network-enabled devices. The proliferation of such smart devices will result in increased investments in the development and commercialization of 5G networks. Consequently, the demand for communication testing equipment to build network infrastructure is also expected to grow during the forecast period.

  • The growing demand for 5G networks has resulted in an increase in the number of 5G trials across the world.
  • Several companies are conducting pilot tests and 5G trails for establishing a base for the development and deployment of 5G networks.
  • Telecommunication companies are partnering with 5G equipment manufacturers to conduct 5G trials.
  • The increasing number of pre-commercial 5G trials is expected to fuel the demand for communication test equipment throughout the next five years.
  • During 2020-2024, the communication test equipment market will grow at a CAGR of over 6%. 

communication-test-equipment-market-report

Request for a FREE sample now!

Communication Test Equipment Market: Key Highlights of the Report for the Forecast Period 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • 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, Europe, MEA, North America, and South America
  • 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 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • Telecommunication - Market size and forecast 2019-2024
  • Avionics and defense - Market size and forecast 2019-2024
  • Automotive - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Analog Devices Inc.
  • Anritsu Corp.
  • Aplab Ltd.
  • EXFO Inc.
  • Keysight Technologies Inc.
  • National Instruments Corp.
  • Rohde & Schwarz GmbH & Co. KG
  • Spirent Communications Plc
  • Texas Instruments Inc.
  • Yokogawa Test & Measurement Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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.

TechnavioINFORMATION 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
Technavio

TechnavioDATA 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
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The communication test equipment market growth will increase by $3.19 billion during 2019-2024.
The communication test equipment market is expected to grow at a CAGR of 6.27% during 2019-2024.
Technavio has segmented the communication test equipment market by application (Telecommunication, Avionics and defense, Automotive, Others, Residential, Corporate office, Car, and Others) and geographic (APAC, North America, Europe, and South America).
Analog Devices Inc., Anritsu Corp., Aplab Ltd., EXFO Inc., Keysight Technologies Inc., National Instruments Corp., Rohde & Schwarz GmbH & Co. KG, Spirent Communications Plc, Texas Instruments Inc., Yokogawa Test & Measurement Corp. are a few of the key vendors in the communication test equipment market.
APAC will register the highest growth rate of 45.31% among the other regions. Therefore, the communication test equipment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • Germany
  • South Korea (Republic of Korea)
  • Taiwan
The key factors driving the communication test equipment market growth are:
  • Increasing penetration of smart devices
  • Digitization and integration of AI in radiography
The communication test equipment market vendors should focus on grabbing business opportunities from the telecommunication segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Information Technology
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>