General Purpose Test Equipment (GPTE) Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, Canada, China, Japan, Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 192 SKU: IRTNTR40136

General Purpose Test Equipment (GPTE) Market Forecast 2023-2027

The general purpose test equipment (GPTE) market size is forecast to increase by USD 2.13 million at a CAGR of 5.99% between 2022 and 2027. The growth of the market depends on several factors, including the growing demand from end-user industries, the continuous technological developments in the communication industry, and the increase in the number of smart-connected devices. General-purpose test equipment refers to a broad category of electronic measurement instruments used for various testing, analysis, and troubleshooting tasks in electronics, telecommunications, and other related fields. These instruments are designed to provide versatile functionality and can be used across different applications. The selection of test equipment depends on the desired measurements, accuracy requirements, and frequency range. This market research and growth report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

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

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Market Dynamics and Customer Landscape

Key Market Driver

The increase in the number of smart-connected devices is driving growth in the market. The market is driven by the increasing implementation of automation in various industries, including aerospace, industrial, and electronics. GPTE plays a crucial role in automated control systems, regulating machine movement and ensuring operational processes run efficiently. The reduction in labor expenditure due to the use of automated machines necessitates continuous testing of components, thereby increasing the demand for GPTE in sectors such as food and beverage, manufacturing, automotive, and energy and utilities. Products like oscilloscopes, signal generators, arbitrary waveform generators, digital multimeters, logic analyzers, power meters, power supplies, modular instruments, and non-destructive test equipment are essential for industries seeking quality, safety, productivity, and technological advancements. The IT & telecommunications sector, vertical segments, and end-user industries are integrating GPTE into their product development processes to ensure complex transformations and testing functions are carried out effectively. The increasing use of connected IoT devices, cars, home devices, and industrial equipment in the non-IoT and IoT sectors necessitates rigorous testing, further driving the demand for GPTE. Global companies rely on GPTE for quality assurance and testing teams to ensure the successful integration of GPTE into their product development processes and the connected world.

Significant Market Trends

The growing adoption of modular GPTE is a key trend in the market. The market is witnessing significant growth due to advancements in electronics and test and measurement technologies. Modular GPTE is increasingly preferred by end-users in various industries, including aerospace, industrial, and electronics, to enhance the lifespan of their equipment, minimize repair and maintenance costs, and boost operational efficiency. The complexity of signals and operational processes in these industries necessitates the use of high-quality, safe, and productive GPTE, such as oscilloscopes, signal generators, arbitrary waveform generators, digital multimeters, logic analyzers, power meters, and power supplies. The IT & telecommunications sector, vertical segment, and non-IoT devices are significant contributors to the GPTE market. With the proliferation of connected IoT devices, connected cars, smart home devices, and connected industrial equipment, the demand for GPTE is expected to surge. Global companies in the electronics industry focus on quality assurance and testing functions, employing testing teams to manage complex integrations and transformations during product development processes. Technological advancements continue to drive the need for upgrading GPTE to keep pace with the latest electronics and communication devices, protocols, and standards.

Major Market Restrain

The long replacement cycle of GPTE is a major challenge faced by the market. The market encompasses instruments used for measuring and analyzing various signals in industries such as Aerospace, Industrial, and Electronics. GPTE includes oscilloscopes, signal generators, arbitrary waveform generators, digital multimeters, logic analyzers, power meters, power supplies, modular instruments, and non-destructive test equipment. These products are essential for ensuring quality, safety, and productivity in operational processes. GPTE is typically used in the IT & telecommunications sector and various vertical segments, including the Industrial, IoT, and non-IoT devices industries. In the IoT sector, GPTE is used for testing connected devices such as cars, smart homes, and industrial equipment. In the non-IoT devices industry, GPTE is used for testing laptops, computers, personal IoT devices, and fitness wearables. GPTE has a long lifespan due to its high quality and the infrequent need for replacement. When malfunctions occur, only the affected part needs to be replaced instead of the entire system. This is particularly important for large machinery. The testing functions performed by GPTE are crucial for global companies in various end-user industries, including quality assurance and testing teams, complex integrations, transformations, and product development processes. Technological advancements continue to drive the need for GPTE in various industries, ensuring the connected world remains reliable and efficient.

Customer Landscape

The General Purpose Test Equipment (GPTE) Market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Market Segmentation

This market report extensively covers market segmentation by product (oscilloscope, spectrum analyzer, signal generator, network analyzer, and multimeter and others), end-user (communication, industrial, aerospace and defense, electronics and semiconductor, and others), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The market encompasses aerospace, industrial, and electronics industries. Instruments used for measuring and analyzing signals in operational processes are essential for ensuring quality, safety, and productivity. Oscilloscopes, signal generators, arbitrary waveform generators, digital multimeters, logic analyzers, power meters, power supplies, modular instruments, and non-destructive test equipment are key GPTE products. The IT & telecommunications sector, vertical segments like automotive, energy, and healthcare, and connected devices such as IoT devices, cars, home appliances, and industrial equipment are significant end-users. Global companies prioritize quality assurance through testing functions and testing teams, managing complex integrations and transformations during product development processes. Technological advancements continue to impact the market, with applications extending to laptops, computers, personal IoT devices, fitness wearables, and the connected world.

By Product

The market share growth by the oscilloscope segment will be significant during the forecast period. An oscilloscope is a testing and measuring equipment used to monitor voltage or current passed to or from an electric component or device. Oscilloscopes, in general, mainly apply to display and analyze waveforms of electrical signals. 

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The oscilloscope segment showed a gradual increase in the market share of USD 1.59 billion in 2017 and continued to grow by 2021. Oscilloscopes are also used for time and voltage measurement, bandwidth measurement, differential measurement, and phase and rise time measurement. In addition, They're useful in a particular way, for example, to analyze automotive ignition systems. An oscilloscope is a type of test instrument that measures and monitors the voltage or current sent or received by an electrical device.

A spectrum analyzer is a type of testing equipment that measures the amplitude of an input signal as a function of frequency within the specified frequency range that the instrument defines. It is used to measure and analyze the power spectrum of signals on different parameters. Spectrum analyzers are used in the manufacture, design, and use of field services or repairs on electrical equipment. The growing demand for wireless technologies, as well as the increased demand for multitasking capabilities in the vehicle industry, is contributing to the growth of the spectrum analyzers segment, which will propel the growth of the general purpose test equipment market during the forecast period.

Regional Overview

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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in APAC is primarily driven by the communication, industrial, medical devices, electronics and semiconductors, and aerospace and defense sectors. Producing firms in these industries require substantial capital for repair, calibration, and testing workloads. Breakthrough technologies, such as those used in wearable devices like smartwatches, and data collection for prediction and proactive treatment in precision medicine, further fuel the demand. Consumers worldwide, including physicians and those in need of medications and treatments, benefit from the accuracy and precision offered by GPTE. In APAC, the growth of industries, competitive manufacturing costs, and high economic growth attract global players to expand their businesses. Key sectors include genomics, AI, electric vehicles (EVs), and their respective homologation testing and charging interfaces, as well as back-office systems.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Advantest Corp. - The company offers general-purpose test equipment such as eva100, air logger, and v93000.

Agilent Technologies Inc. - The company offers general-purpose test equipment such as oscilloscopes, telecom line testers, and multimeters.

Anritsu Corp. - The company offers general-purpose test equipment such as force gauges, MT series manual test stands, and contacting extensometers.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Advantest Corp.
  • Agilent Technologies Inc.
  • Anritsu Corp.
  • Aplab Ltd.
  • Danaher 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

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is a significant sector in the global technology industry. This market encompasses a wide range of instruments used to test and measure various electrical and electronic parameters. The market caters to diverse industries such as telecommunications, automotive, energy, and consumer electronics. The increasing demand for advanced technology and the need for quality control in manufacturing processes are key drivers for the market. Moreover, the continuous evolution of technology and the development of new testing requirements are creating new opportunities for market growth. The market is highly competitive, with several key players offering innovative solutions to meet the evolving needs of their customers. Some of the major players in the market include Agilent Technologies, Keysight Technologies, Tektronix, and Rohde & Schwarz.

The market is expected to grow at a steady pace in the coming years, driven by the increasing demand for advanced testing solutions and the need for quality control in various industries. The market is also expected to be influenced by factors such as technological advancements, regulatory requirements, and cost-effectiveness. Overall, the market is an essential component of the technology ecosystem, enabling the development and deployment of advanced technologies in various industries. The market offers comprehensive solutions for testing electronic and mechanical systems, electronic devices under test (DUTs), and mechanical test equipment (MTE), complemented by machine vision inspection systems and machine condition monitoring systems.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook 
    • Oscilloscope
    • Spectrum analyzer
    • Signal generator
    • Network analyzer
    • Multimeter and others
  • End-user Outlook 
    • Communication
    • Industrial
    • Aerospace and defense
    • Electronics and semiconductor
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Scope

Report Coverage

Details

Page number

192

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.99%

Market growth 2023-2027

USD 2.13 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

4.98

Regional analysis

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

Performing market contribution

APAC at 40%

Key countries

US, Canada, China, Japan, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advantest Corp., Agilent Technologies Inc., Anritsu Corp., Aplab Ltd., Danaher 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., Tektronix Inc., Teledyne Technologies Inc., Texas Instruments Inc., Thermo Fisher Scientific Inc., Viavi Solutions Inc., Yokogawa Electric Corp., and AMETEK 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, and Market condition analysis for the 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 Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the size of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Market growth analysis across APAC, North America, Europe, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Market forecasting of factors that will challenge the growth of market companies

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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 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global General Purpose Test Equipment (GPTE) Market 2023-2027 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global general purpose test equipment (gpte) market 2023-2027 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Oscilloscope - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Oscilloscope - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Oscilloscope - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Oscilloscope - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Oscilloscope - Year-over-year growth 2022-2027 (%)
    • 6.4 Spectrum analyzer - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Spectrum analyzer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Spectrum analyzer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Spectrum analyzer - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Spectrum analyzer - Year-over-year growth 2022-2027 (%)
    • 6.5 Signal generator - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Signal generator - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Signal generator - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Signal generator - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Signal generator - Year-over-year growth 2022-2027 (%)
    • 6.6 Network analyzer - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Network analyzer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Network analyzer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Network analyzer - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Network analyzer - Year-over-year growth 2022-2027 (%)
    • 6.7 Multimeter and others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Multimeter and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Multimeter and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Multimeter and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Multimeter and others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Product
      • Exhibit 54: Market opportunity by Product ($ million)
      • Exhibit 55: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 58: Chart on Comparison by End-user
      • Exhibit 59: Data Table on Comparison by End-user
    • 7.3 Communication - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Communication - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Communication - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Communication - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Communication - Year-over-year growth 2022-2027 (%)
    • 7.4 Industrial - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 7.5 Aerospace and defense - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
    • 7.6 Electronics and semiconductor - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Electronics and semiconductor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Electronics and semiconductor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Electronics and semiconductor - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Electronics and semiconductor - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 76: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 80: Market opportunity by End-user ($ million)
      • Exhibit 81: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 83: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 85: Chart on Geographic comparison
      • Exhibit 86: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 123: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 124: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 125: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 126: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 127: Market opportunity by geography ($ million)
      • Exhibit 128: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 129: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 131: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 132: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 133: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 134: Matrix on vendor position and classification
            • 12.3 Advantest Corp.
              • Exhibit 135: Advantest Corp. - Overview
              • Exhibit 136: Advantest Corp. - Business segments
              • Exhibit 137: Advantest Corp. - Key offerings
              • Exhibit 138: Advantest Corp. - Segment focus
            • 12.4 Agilent Technologies Inc.
              • Exhibit 139: Agilent Technologies Inc. - Overview
              • Exhibit 140: Agilent Technologies Inc. - Business segments
              • Exhibit 141: Agilent Technologies Inc. - Key offerings
              • Exhibit 142: Agilent Technologies Inc. - Segment focus
            • 12.5 AMETEK Inc.
              • Exhibit 143: AMETEK Inc. - Overview
              • Exhibit 144: AMETEK Inc. - Business segments
              • Exhibit 145: AMETEK Inc. - Key offerings
              • Exhibit 146: AMETEK Inc. - Segment focus
            • 12.6 Anritsu Corp.
              • Exhibit 147: Anritsu Corp. - Overview
              • Exhibit 148: Anritsu Corp. - Business segments
              • Exhibit 149: Anritsu Corp. - Key news
              • Exhibit 150: Anritsu Corp. - Key offerings
              • Exhibit 151: Anritsu Corp. - Segment focus
            • 12.7 Aplab Ltd.
              • Exhibit 152: Aplab Ltd. - Overview
              • Exhibit 153: Aplab Ltd. - Product / Service
              • Exhibit 154: Aplab Ltd. - Key offerings
            • 12.8 Danaher Corp.
              • Exhibit 155: Danaher Corp. - Overview
              • Exhibit 156: Danaher Corp. - Business segments
              • Exhibit 157: Danaher Corp. - Key news
              • Exhibit 158: Danaher Corp. - Key offerings
              • Exhibit 159: Danaher Corp. - Segment focus
            • 12.9 Keysight Technologies Inc.
              • Exhibit 160: Keysight Technologies Inc. - Overview
              • Exhibit 161: Keysight Technologies Inc. - Business segments
              • Exhibit 162: Keysight Technologies Inc. - Key news
              • Exhibit 163: Keysight Technologies Inc. - Key offerings
              • Exhibit 164: Keysight Technologies Inc. - Segment focus
            • 12.10 Lauterbach GmbH
              • Exhibit 165: Lauterbach GmbH - Overview
              • Exhibit 166: Lauterbach GmbH - Product / Service
              • Exhibit 167: Lauterbach GmbH - Key offerings
            • 12.11 National Instruments Corp.
              • Exhibit 168: National Instruments Corp. - Overview
              • Exhibit 169: National Instruments Corp. - Product / Service
              • Exhibit 170: National Instruments Corp. - Key news
              • Exhibit 171: National Instruments Corp. - Key offerings
            • 12.12 Rohde and Schwarz GmbH and Co. KG
              • Exhibit 172: Rohde and Schwarz GmbH and Co. KG - Overview
              • Exhibit 173: Rohde and Schwarz GmbH and Co. KG - Product / Service
              • Exhibit 174: Rohde and Schwarz GmbH and Co. KG - Key offerings
            • 12.13 Scientech Technologies Pvt. Ltd.
              • Exhibit 175: Scientech Technologies Pvt. Ltd. - Overview
              • Exhibit 176: Scientech Technologies Pvt. Ltd. - Product / Service
              • Exhibit 177: Scientech Technologies Pvt. Ltd. - Key offerings
            • 12.14 Teledyne Technologies Inc.
              • Exhibit 178: Teledyne Technologies Inc. - Overview
              • Exhibit 179: Teledyne Technologies Inc. - Business segments
              • Exhibit 180: Teledyne Technologies Inc. - Key news
              • Exhibit 181: Teledyne Technologies Inc. - Key offerings
              • Exhibit 182: Teledyne Technologies Inc. - Segment focus
            • 12.15 Texas Instruments Inc.
              • Exhibit 183: Texas Instruments Inc. - Overview
              • Exhibit 184: Texas Instruments Inc. - Business segments
              • Exhibit 185: Texas Instruments Inc. - Key news
              • Exhibit 186: Texas Instruments Inc. - Key offerings
              • Exhibit 187: Texas Instruments Inc. - Segment focus
            • 12.16 Thermo Fisher Scientific Inc.
              • Exhibit 188: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 189: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 190: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 191: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 192: Thermo Fisher Scientific Inc. - Segment focus
            • 12.17 Yokogawa Electric Corp.
              • Exhibit 193: Yokogawa Electric Corp. - Overview
              • Exhibit 194: Yokogawa Electric Corp. - Business segments
              • Exhibit 195: Yokogawa Electric Corp. - Key offerings
              • Exhibit 196: Yokogawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 197: Inclusions checklist
                • Exhibit 198: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 199: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 200: Research methodology
                • Exhibit 201: Validation techniques employed for market sizing
                • Exhibit 202: Information sources
              • 13.5 List of abbreviations
                • Exhibit 203: 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.

              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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              general purpose test equipment (gpte) market

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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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