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General Purpose Test Equipment (GPTE) Market by Product, End-user, and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 178
  • SKU: IRTNTR40136
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The general purpose test equipment (GPTE) market size is projected to accelerate at a CAGR of 5.58% and reach an estimated value of USD 1.95 billion from 2021 to 2026.

The general purpose test equipment (GPTE) market research report extensively covers market segmentation by the following:

  • Product - Oscilloscope, spectrum analyzer, signal generator, network analyzer, and other products 
  • End-user - Communication, industrial, aerospace and defense, electronics and semiconductor, and others
  • Geography - APAC, North America, Europe, South America, and Middle East and Africa

The general purpose test equipment (GPTE) market report also offers information on several market vendors, including Agilent Technologies Inc., AMETEK Inc., Anritsu Corp., Aplab Ltd., Danaher Corp., Fortive Corp., Keysight Technologies Inc., Lauterbach GmbH, National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, Scientech Technologies Pvt. Ltd., Seaward Electronic Ltd., SGS SA, TEGAM Inc., Texas Instruments Inc., Thermo Fisher Scientific Inc., Viavi Solutions Inc., Yokogawa Electric Corp., Advantest Corp., and Teledyne Technologies Inc. among others. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the General Purpose Test Equipment (GPTE) Market Size be During the Forecast Period?

General Purpose Test Equipment (GPTE) Market Size

Download the Free Report Sample to Unlock the General Purpose Test Equipment (GPTE) Market Size for the Forecast Period and Other Important Statistics

 

General Purpose Test Equipment (GPTE) Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing demand from end-user industries is notably driving the general-purpose test equipment (GPTE) market growth. However, factors such as the long replacement cycle of GPTE may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the general-purpose test equipment (GPTE) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key General Purpose Test Equipment (GPTE) Market Driver

  • One of the key factors driving the global general purpose test equipment (GPTE) market growth is the growing demand from end-user industries. 
  • GPTE plays an important role in an automated control system as it regulates the movement of the overall machine.
  • The implementation of automated machines in industrial applications is reducing the use of manually operated machines.
  • The use of automated machines helps to automate the operation of machines and reduce expenditure on labor in the industry.
  • The high use of automatic machines requires continuous testing of components, therefore, driving the demand for GPTE in end-user industries such as food and beverage, manufacturing, automotive, and energy and utilities.
  • GPTE is used in vehicles as well as in manufacturing units of vehicles. The demand for passenger cars in APAC is estimated to grow, which will further drive the demand for GPTE in the coming years.

Key General Purpose Test Equipment (GPTE) Market Trend

  • Growing adoption of modular GPTE is one of the key general purpose test equipment (GPTE) market trends that is expected to impact the industry positively in the forecast period. 
  • The advancement in electronics and test and measurement technologies is driving the demand for modular test and measurement equipment.
  • One of the biggest challenges for the end-users of GPTE is the constantly changing technology and systems, which are growing more complex with time. Thus, the emergence of more complex electronics and devices and the need to reduce the cost of testing are expected to drive the demand for modular GPTE for instrumentation.
  • The significant demand for modular GPTE is from the communication and manufacturing industry to process downtime constraints and to obtain operational efficiency.
  • The demand for modular GPTE is also expected to witness growth from the R&D and field-testing settings in the forecast years.

Key General Purpose Test Equipment (GPTE) Market Challenge

  • One of the key challenges to the global general purpose test equipment (GPTE) market growth is the long replacement cycle of GPTE such as oscillators, spectrum analyzers, signal generators, and network analyzers.
  • In case of any malfunctioning or error, only the affected part needs to be replaced instead of the entire system.
  • After using a GPTE for several years, buyers prefer to retrofit components rather than changing the whole system, as this offers an inexpensive option when compared with buying a new product.
  • For any other maintenance and repairs, buyers have the option of either contacting specialized service providers or the vendor of the GPTE.
  • The long product replacement cycle prevents customers from switching between vendors or experimenting with new products, especially those offered by new players in the market.
  • Such factors are expected to limit market growth in the forecast period.

This general purpose test equipment (GPTE) 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 general purpose test equipment (GPTE) market as a part of the global electrical components and equipment 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 general purpose test equipment (GPTE) market during the forecast period.

Who are the Major General Purpose Test Equipment (GPTE) Market Vendors?

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

 

  • Agilent Technologies Inc.
  • AMETEK Inc.
  • Anritsu Corp.
  • Aplab Ltd.
  • Danaher Corp.
  • Fortive Corp.
  • Keysight Technologies Inc.
  • Lauterbach GmbH
  • National Instruments Corp.
  • Rohde and Schwarz GmbH and Co. KG
  • Scientech Technologies Pvt. Ltd.
  • Seaward Electronic Ltd.
  • SGS SA
  • TEGAM Inc.
  • Texas Instruments Inc.
  • Thermo Fisher Scientific Inc.
  • Viavi Solutions Inc.
  • Yokogawa Electric Corp.
  • Advantest Corp.
  • Teledyne Technologies Inc.

 

This statistical study of the general purpose test equipment (GPTE) market encompasses successful business strategies deployed by the key vendors. The general purpose test equipment (GPTE) market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market.

Product Insights and News

  • Advantest Corp. - The company offers general purpose hardware instruments such as the 500MDM digital module and the DPS32A power supply module to boost the capabilities of its T2000 test platform for a variety of applications such as system on a chip (SoC) devices, power-management ICs, automotive devices, and CMOS image sensors.
  • Advantest Corp. - The applications, technology, and support segment include the sales of software licenses, support offerings, and cloud subscriptions.

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 general purpose test equipment (GPTE) 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.

General Purpose Test Equipment (GPTE) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the general purpose test equipment (GPTE) 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 General Purpose Test Equipment (GPTE) Market?

General Purpose Test Equipment (GPTE) Market Market segmentation by region

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40% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea are the key markets for general-purpose test equipment in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Rapidly growing end-user industries, competitive manufacturing costs, and high economic growth will facilitate the GPTE 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

In 2020, the COVID 19 pandemic adversely impacted the growth of major manufacturing industries in APAC. Factors such as a severe decline in the demand for final products such as electronics from consumers, supplier bankruptcy, and a slowdown in R&D negatively impacted the aerospace and defense, industrial, electronics and semiconductor, and other industries. However, the resumption of manufacturing activities after the lifting of nationwide lockdowns in prominent countries in APAC, such as India, China, Japan, and South Korea, in Q4 of 2020 resulted in the growth of the market in the region since January 2021, which is expected to continue during the forecast period.

What are the Revenue-generating Product Segments in the General Purpose Test Equipment (GPTE) Market?

General Purpose Test Equipment (GPTE) Market Segmentation

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The general purpose test equipment (GPTE) market share growth by the product segments. oscilloscope segment will be significant during the forecast period. The growth is attributed to the ongoing innovations in product offering, increasing use of SMT components, growing demand for signal storage equipment and adoption of IoT, growing complexities of integrated circuits (ICs), the proliferation of application-specific oscilloscopes, the advent of advanced software solution for oscilloscopes and growing partnership of vendors with value chain members.

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

 

General Purpose Test Equipment (GPTE) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.58%

Market growth 2022-2026

$ 1.95 billion

Market structure

Fragmented

YoY growth (%)

4.75

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agilent Technologies Inc., AMETEK Inc., Anritsu Corp., Aplab Ltd., Danaher Corp., Fortive Corp., Keysight Technologies Inc., Lauterbach GmbH, National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, Scientech Technologies Pvt. Ltd., Seaward Electronic Ltd., SGS SA, TEGAM Inc., Texas Instruments Inc., Thermo Fisher Scientific Inc., Viavi Solutions Inc., Yokogawa Electric Corp., Advantest Corp., and Teledyne Technologies Inc.

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

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What are the Key Data Covered in this General Purpose Test Equipment (GPTE) Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive general purpose test equipment market growth during the next five years
  • Precise estimation of the general purpose test equipment (GPTE) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the GPTE market 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 general purpose test equipment (GPTE) market vendors

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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 Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 27: Chart on Comparison by Product
    • Exhibit 28: Data Table on Comparison by Product
  • 5.3 Oscilloscope - Market size and forecast 2021-2026
    • Exhibit 29: Chart on Oscilloscope - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Oscilloscope - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Oscilloscope - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Oscilloscope - Year-over-year growth 2021-2026 (%)
  • 5.4 Spectrum analyzer - Market size and forecast 2021-2026
    • Exhibit 33: Chart on Spectrum analyzer - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Spectrum analyzer - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Spectrum analyzer - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Spectrum analyzer - Year-over-year growth 2021-2026 (%)
  • 5.5 Signal generator - Market size and forecast 2021-2026
    • Exhibit 37: Chart on Signal generator - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Data Table on Signal generator - Market size and forecast 2021-2026 ($ million)
    • Exhibit 39: Chart on Signal generator - Year-over-year growth 2021-2026 (%)
    • Exhibit 40: Data Table on Signal generator - Year-over-year growth 2021-2026 (%)
  • 5.6 Network analyzer - Market size and forecast 2021-2026
    • Exhibit 41: Chart on Network analyzer - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Data Table on Network analyzer - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Chart on Network analyzer - Year-over-year growth 2021-2026 (%)
    • Exhibit 44: Data Table on Network analyzer - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by Product
    • Exhibit 49: Market opportunity by Product ($ million)

6 Market Segmentation by End-user

  • 6.1 Market segments
    • Exhibit 50: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 51: Data Table on End-user - Market share 2021-2026 (%)
  • 6.2 Comparison by End-user
    • Exhibit 52: Chart on Comparison by End-user
    • Exhibit 53: Data Table on Comparison by End-user
  • 6.3 Communication - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Communication - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Communication - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Communication - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Communication - Year-over-year growth 2021-2026 (%)
  • 6.4 Industrial - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Industrial - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
  • 6.5 Aerospace and defense - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Aerospace and defense - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Aerospace and defense - Year-over-year growth 2021-2026 (%)
  • 6.6 Electronics and semiconductor - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Electronics and semiconductor - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Electronics and semiconductor - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Electronics and semiconductor - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Electronics and semiconductor - Year-over-year growth 2021-2026 (%)
  • 6.7 Others - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 6.8 Market opportunity by End-user
    • Exhibit 74: Market opportunity by End-user ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview
    • Exhibit 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 76: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 77: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison
    • Exhibit 78: Chart on Geographic comparison
    • Exhibit 79: Data Table on Geographic comparison
  • 8.3 APAC - Market size and forecast 2021-2026
    • Exhibit 80: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.4 North America - Market size and forecast 2021-2026
    • Exhibit 84: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.5 Europe - Market size and forecast 2021-2026
    • Exhibit 88: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026
    • Exhibit 92: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 96: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026
    • Exhibit 100: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 101: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 102: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 China - Market size and forecast 2021-2026
    • Exhibit 104: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 105: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 106: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 107: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.10 Germany - Market size and forecast 2021-2026
    • Exhibit 108: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 109: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 110: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 111: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 8.11 Japan - Market size and forecast 2021-2026
    • Exhibit 112: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 113: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 114: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 115: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 8.12 South Korea - Market size and forecast 2021-2026
    • Exhibit 116: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
    • Exhibit 117: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
    • Exhibit 118: Chart on South Korea - Year-over-year growth 2021-2026 (%)
    • Exhibit 119: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography
    • Exhibit 120: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges
    • Exhibit 121: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 123: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 124: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 125: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 126: Matrix on vendor position and classification
  • 11.3 Advantest Corp.
    • Exhibit 127: Advantest Corp. - Overview
    • Exhibit 128: Advantest Corp. - Business segments
    • Exhibit 129: Advantest Corp. - Key offerings
    • Exhibit 130: Advantest Corp. - Segment focus
  • 11.4 Danaher Corp.
    • Exhibit 131: Danaher Corp. - Overview
    • Exhibit 132: Danaher Corp. - Business segments
    • Exhibit 133: Danaher Corp. - Key news
    • Exhibit 134: Danaher Corp. - Key offerings
    • Exhibit 135: Danaher Corp. - Segment focus
  • 11.5 Keysight Technologies Inc.
    • Exhibit 136: Keysight Technologies Inc. - Overview
    • Exhibit 137: Keysight Technologies Inc. - Business segments
    • Exhibit 138: Keysight Technologies Inc. - Key news
    • Exhibit 139: Keysight Technologies Inc. - Key offerings
    • Exhibit 140: Keysight Technologies Inc. - Segment focus
  • 11.6 Lauterbach GmbH
    • Exhibit 141: Lauterbach GmbH - Overview
    • Exhibit 142: Lauterbach GmbH - Product / Service
    • Exhibit 143: Lauterbach GmbH - Key offerings
  • 11.7 National Instruments Corp.
    • Exhibit 144: National Instruments Corp. - Overview
    • Exhibit 145: National Instruments Corp. - Business segments
    • Exhibit 146: National Instruments Corp. - Key news
    • Exhibit 147: National Instruments Corp. - Key offerings
    • Exhibit 148: National Instruments Corp. - Segment focus
  • 11.8 Rohde and Schwarz GmbH and Co. KG
    • Exhibit 149: Rohde and Schwarz GmbH and Co. KG - Overview
    • Exhibit 150: Rohde and Schwarz GmbH and Co. KG - Product / Service
    • Exhibit 151: Rohde and Schwarz GmbH and Co. KG - Key offerings
  • 11.9 Teledyne Technologies Inc.
    • Exhibit 152: Teledyne Technologies Inc. - Overview
    • Exhibit 153: Teledyne Technologies Inc. - Business segments
    • Exhibit 154: Teledyne Technologies Inc. - Key news
    • Exhibit 155: Teledyne Technologies Inc. - Key offerings
    • Exhibit 156: Teledyne Technologies Inc. - Segment focus
  • 11.10 Texas Instruments Inc.
    • Exhibit 157: Texas Instruments Inc. - Overview
    • Exhibit 158: Texas Instruments Inc. - Business segments
    • Exhibit 159: Texas Instruments Inc. - Key news
    • Exhibit 160: Texas Instruments Inc. - Key offerings
    • Exhibit 161: Texas Instruments Inc. - Segment focus
  • 11.11 Thermo Fisher Scientific Inc.
    • Exhibit 162: Thermo Fisher Scientific Inc. - Overview
    • Exhibit 163: Thermo Fisher Scientific Inc. - Business segments
    • Exhibit 164: Thermo Fisher Scientific Inc. - Key news
    • Exhibit 165: Thermo Fisher Scientific Inc. - Key offerings
    • Exhibit 166: Thermo Fisher Scientific Inc. - Segment focus
  • 11.12 Yokogawa Electric Corp.
    • Exhibit 167: Yokogawa Electric Corp. - Overview
    • Exhibit 168: Yokogawa Electric Corp. - Business segments
    • Exhibit 169: Yokogawa Electric Corp. - Key offerings
    • Exhibit 170: Yokogawa Electric Corp. - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist
    • Exhibit 171: Inclusions checklist
    • Exhibit 172: Exclusions checklist
  • 12.3 Currency conversion rates for US$
    • Exhibit 173: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 174: Research methodology
    • Exhibit 175: Validation techniques employed for market sizing
    • Exhibit 176: Information sources
  • 12.5 List of abbreviations
    • Exhibit 177: List of abbreviations
  • adoption of automation in manufacturing the process: The requirement of automation has evolved multifold in the industrial environment. The automation solutions have improved from the implementation of fixed automation to the current flexible and integrated automation, which enables end-users to integrate various processes into a single closed solution. The need to address optimization of processes, extend the level of autonomous processes, continuous monitoring and control of process parameters and safety concerns are driving the implementation of flexible automation solutions in the process and discrete industries.

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
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General Purpose Test Equipment (GPTE) Market market growth will increase by $1.95 billion during 2022-2026.
The general purpose test equipment (gpte) market market is expected to grow at a CAGR of 5.58% during 2022-2026.
Technavio has segmented the general purpose test equipment (gpte) market market by product (oscilloscope, spectrum analyzer, signal generator, network analyzer, and other products) ,end-user (communication, industrial, aerospace and defense, electronics and semiconductor, and others) , and geography (APAC, North America, Europe, South America, and Middle East and Africa).
Agilent Technologies Inc., AMETEK Inc., Anritsu Corp., Aplab Ltd., Danaher Corp., Fortive Corp., Keysight Technologies Inc., Lauterbach GmbH, National Instruments Corp., Rohde and Schwarz GmbH and Co. KG, Scientech Technologies Pvt. Ltd., Seaward Electronic Ltd., SGS SA, TEGAM Inc., Texas Instruments Inc., Thermo Fisher Scientific Inc., Viavi Solutions Inc., Yokogawa Electric Corp., Advantest Corp., Teledyne Technologies Inc. are a few of the key vendors in the general purpose test equipment (gpte) market market.
APAC will register the highest growth rate of 40% among the other regions. Therefore, the general purpose test equipment (gpte) market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the general purpose test equipment (gpte) market market growth are:
  • Growing demand from end-user industries
  • Growing adoption of modular GPTE
The general purpose test equipment (gpte) market market vendors should focus on grabbing business opportunities from the oscilloscope segment as it accounted for the largest market share in the base year.
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