Global Cable Tester Market 2017-2021

This industry research report identifies Anritsu, Keysight Technologies, Fluke, Microtest, and Cirris Systems as the key vendors in the global cable tester market. A comprehensive analysis of this market is also presented by cable types (D-sub, USB, and firewire, coaxial, fiber optic, Ethernet), by application (telecommunication, aerospace and defense, machinery, and consumer electronics), and by geography (the Americas, APAC, and EMEA).

Overview of the global cable tester market

Market research analysts at Technavio predict that the global cable tester market will grow steadily at a CAGR of around 12% by 2021. The rising need for connectivity testing equipment is identified as one of the primary growth factors for this market. Cable tester manufacturers are introducing unique techniques such as distance-to-fault (DTF) measurements to maintain a competitive advantage over other firms. Cable testers are mainly used to test the accuracy of the signals and the frequency emitted by electronic devices such as servers and computers. Moreover, cable testers can also ensure the proper functioning of cables as they analyze electromagnetic signals. From installing new cables or troubleshooting the existing ones in applications such as mobile backhaul, network infrastructure, and data centers, cable testers play a vital role in the installation process.

In terms of geographic regions, APAC will be the major revenue contributor to the cable tester market throughout the forecast period. The rise in industrial automation and the increased utilization of cable testers in the defense sector to check the connectivity and continuity of the cables in weapons will drive the growth of the market in APAC. Also, the increased investments by countries such as India and China towards the defense sector will also propel the growth of network cable tester market in the region.

Competitive landscape and key vendors  

Owing to the presence of several global and local vendors, the cable tester market appears to be highly fragmented. Though the local and regional vendors offer application-specific products, the well-established players account for the maximum market shares. With the increasing need to investigate and adopt optical components and systems for many land, sea, air, and space applications, the aerospace and defense industry will offer significant growth opportunities to the vendors in the network cable tester market.

The leading vendors in the market are -

• Anritsu
• Keysight Technologies
• Fluke
• Microtest
• Cirris Systems

The other prominent vendors in the market are T&R Test Equipment, HT Instruments, b2 electronic, and Textron.

Segmentation by cable types and analysis of the cable tester market

• D-sub, USB, and firewire
• Coaxial cables
• Fiber optic
• Ethernet Cables

During 2016, the Ethernet cables segment accounted for the major shares of the cable tester market. However, the fiber optic cables will lead the market by the end of the forecast period due to the increasing network speeds and bandwidth and the decrease in loss limitations. Furthermore, the increase in mobile data traffic also increases the demand for the adoption of fiber optic technology for the better testing and control of services provided by network carriers.

Segmentation by application and analysis of the cable tester market

• Telecommunication
• Aerospace and defense
• Machinery
• Consumer electronics

According to this market research report, the consumer electronics segment accounted for the maximum shares of the network cable tester market during 2016. This segment will retain its market dominance due to the increased usage of cable testers to test the various components of electronic devices such as automated measurement systems in laboratories and industrial facilities. Additionally, the rapid growth of the electronics industry and the growing demand for technology will also boost the need for cable testers in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global cable tester market?
• What are the key market trends impacting the growth of the global cable tester market?
• What are the challenges to market growth?
• Who are the key vendors in the global cable tester market?
• What are the market opportunities and threats faced by the vendors in the global cable tester market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global cable tester market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming report on the global cable tester market is an integral part of the hardware and semiconductor industry and presents detailed analysis on growing sectors like computing devices, displays, and embedded systems. Additionally, to help clients maximize impact and gain a competitive edge over other prominent vendors, Technavio also offers intelligence on various parameters, including the changing consumer dynamics and the factors, which will support and challenge the growth of the players in the industry's marketspace. Technavio's reports also provides detailed intelligence on all the suppliers who hold significant shares in the heavy industry.

To accurately forecast the industry's growth prospects, our market research specialists follow a combination of qualitative and quantitative research techniques and also provide insights into multiple factors, including changing regulations and the dynamically changing demand for different products and services across the globe. This upcoming report on global cable tester market also considers the growth of the similar markets such as overhead cables market and low voltage cable market, which are expected to project a CAGR of almost 6% and above 7%, respectively by 2021. According to our market research analysts, the exponential increase in the adoption of fiber optic cable in developed countries like US, France, and Italy is expected to be the key driver for the upsurge of this market in the coming years.

The impending industry research report for global cable tester market also identifies the major drivers, impending trends, and the imminent challenges currently experienced by the industry and also presents insights into sectors such as semiconductor equipment.