Test and Measurement Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, South Korea, Germany - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 185 SKU: IRTNTR43069

Test and Measurement Market 2024-2028

The test and measurement market size is estimated to grow at a CAGR of 5.36% between 2023 and 2028. The market size is forecast to increase by USD 10.25 billion. The growth of the market depends on several factors, including the growing demand from end-user industries, the rise in technological developments in the communication sector, and the increasing adoption of smart connected devices. Test and measurement devices are analytical pieces of equipment and instruments that detect and measure physical properties, biological interactions, and electrical signals.

The report includes a comprehensive outlook on the Test and Measurement Market, offering forecasts for the industry segmented by Product, which comprises wireless test equipment, GPTE, semiconductor test equipment, and real-time test equipment. Additionally, it categorizes End-user into aerospace and defense, telecommunication, semiconductor and electronics, and automotive and others, and covers Geography regions, including North America, APAC, Europe, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Test And Measurement Market During the Forecast Period?

For More Highlights About this Report, Download Free Sample in a Minute 

Test and Measurement Market Overview

Driver

Growing demand from end-user industries is the key factor driving market growth. Test and measurement equipment plays a crucial role in an automated control system as it regulates the movement of the overall machine. The implementation of automated machines in industrial applications is lessening 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.  In addition, the defense sector is using advanced technologies in its operations.

In addition, several market players are signing contracts with the defense sector, which will drive the growth of the market globally. Improvements in the automation process in both the process and discrete industries are creating a demand for efficient test and measurement equipment. Thus, the high growth in end-user industries and an increase in demand for automation in these industries will drive the demand for test and measurement equipment, which is expected to fuel the growth of the global test and measurement market during the forecast period.

Trends

Recent developments in test and measurement equipment are emerging trends in the test and measurement equipment market.  The test and measurement industry is going through a major transformation from a hardware-based model to a software-based model, which will redefine engineering research and development processes completely. Furthermore, these new product launches also increase the competition in the market, which, in turn, will lead to innovation and differentiation. 

For instance, in October 2023, Emerson Electric Co. (Emerson) officially completed its acquisition of National Instruments (NI) Corporation at an equity value of USD 8.2 billion. NI will become a new test and measurement business segment within Emerson's Software and Control Group. Emerson also indicated that the addition of NI is expected to boost its revenue growth and profits and expand its addressable markets, particularly in high-growth industrial software. Thus, such factors are expected to fuel the growth of the market during the forecast period.

Restrain

Economic volatility and the highly cyclic nature of the electronics industry is a challenge that affects market growth. The sale of electronic goods and equipment is highly cyclic in nature, and their demand varies greatly with the economy, owing to which the industry may have wide fluctuations in unit demand for their products. Since the cycle of technology and seasonal demand is largely unpredictable, it becomes a challenge for many companies to adjust rapidly to changes in market conditions.

Moreover, one of the major drivers for the short lifecycle of smartphones and other electronic devices is that when a new product with novel features is launched, people are compelled to upgrade to these latest devices. But, this trend is very hard to maintain for long periods of time as technological limitations grow closer. The lack of additional new features or technological changes in devices will ultimately lead to restrained demand for electronic devices. Hence, such factors are expected to impede the growth of the market during the forecast period.

Test and Measurement Market Segmentation By Mention Segment

The market share growth by the wireless test equipment segment will be significant during the forecast period. There have been significant changes in the telecommunication industry over the last few years. The evolution of the telecommunication industry will be the major driver for this segment.

Get a glance at the market contribution of various segments Download the PDF Sample

The wireless test equipment segment was valued at USD 10.13 billion in 2018. There will be a huge demand for such testing equipment due to the increase in smartphone demand. This wireless testing and measuring equipment is used by mobile phone manufacturers to test their phones based on various technology formats, such as LTE, global system for mobile communications (GSM), worldwide interoperability for microwave access (WiMAX), and general packet radio service (GPRS). In addition, the development of 5G technologies will create a great impact in developed regions like North America and Europe, which will drive the global market. Therefore, such factors will boost segment growth during the forecast period. 

Test and Measurement Market Segmentation By End-user

The aerospace and defense sectors are expected to grow significantly in the global test and measurement market. With the rise of national security concerns, investments in the defense sector have increased dynamically in many countries like the US, the UK, China, India, and Russia. The US is constantly updating its aircraft fleet, navy ships, and other equipment to increase the country's security. In addition, aerospace is also growing as there is a huge increase in global air traffic. Moreover, in aerospace and defense, modern development environments rely on software-defined tools to help address different challenges.  In addition, with the increase in the number of airports, airline operators will also improve their fleets, which will drive the growth of the aerospace and defense segment of the global test and measurement market during the forecast period.

Regional Overview

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 34% 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. Another region offering significant growth opportunities to companies is North America. In North America, the US is the largest revenue contributor to the regional test and measurement equipment market. This is because of the growth of telecommunication, healthcare, manufacturing, and other sectors in the US and the high spending on defense aircraft by the country's government.

Besides, various manufacturers from different industries are focusing on establishing their operations in the US owing to its abundant natural resources, political stability, highly educated and productive workforce, and business-conducive environment. Canada and Mexico are also significant revenue contributors to the market in North America due to the increasing demand for test and measurement equipment from the communications and electronic sectors. Hence, such factors are expected to drive market growth in this region during the forecast period.  

Test And Measurement Market Customer Landscape

The Test and Measurement Market 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.

Global Test and Measurement Market Customer Landscape

Who are the Major Test and Measurement 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 test and measurement systems such as memory test system, SoC test system, electronic measuring instruments, system level test systems and others.
  • Anritsu Corp.: The company offers test and measurement systems such as Bit error rate tester, wireless communications measuring instruments, optical measuring instruments, transport and ethernet testing and others.
  • Emerson Electric Co.: The company offers test and measurement systems such as Oscilloscopes, Frequency Counters, Source Measure Units and LCR Meters and others.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Camtek Ltd.
  • Ceyear Technologies Co. Ltd.
  • DEKRA SE
  • EXFO Inc.
  • Fastech Telecommunications
  • FormFactor Inc.
  • Good Will Instrument Co. Ltd.
  • Hitachi Ltd.
  • Keysight Technologies Inc.
  • Premier Measurement Solutions Pvt. Ltd.
  • Qmax Test Equipments Pvt. Ltd.
  • Rohde and Schwarz GmbH and Co. KG
  • Scientech Technologies Pvt. Ltd.
  • Spirent Communications plc
  • SPX Corp.
  • Teledyne Technologies Inc.
  • Teradyne Inc.

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.

Segment Overview

The test and measurement market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028

  • Product Outlook
    • Wireless test equipment
    • GPTE
    • Semiconductor test equipment
    • Real-time test equipment
  • End-user Outlook
    • Aerospace and defense
    • Telecommunication
    • Semiconductor and electronics
    • Automotive and others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Test And Measurement Market Scope

Report Coverage

Details

Page number

185

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.36%

Market Growth 2024-2028

USD 10.25 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.22

Regional analysis

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

Performing market contribution

APAC at 34%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

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

Key companies profiled

Advanced Energy Industries Inc., Advantest Corp., Altanova Group, Anritsu Corp., Camtek Ltd., Ceyear Technologies Co. Ltd., DEKRA SE, Emerson Electric Co., EXFO Inc., Fastech Telecommunications, FormFactor Inc., Good Will Instrument Co. Ltd., Hitachi Ltd., Keysight Technologies Inc., Premier Measurement Solutions Pvt. Ltd., Qmax Test Equipments Pvt. Ltd., Rohde and Schwarz GmbH and Co. KG, Scientech Technologies Pvt. Ltd., Spirent Communications plc, SPX Corp., Teledyne Technologies Inc., Teradyne Inc., Viavi Solutions Inc., Yokogawa Electric Corp., Mission Critical Electronics LLC, and OWON Technology 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.

Download PDF Sample

What are the Key Data Covered in this Test And Measurement Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

 

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 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global test and measurement market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global test and measurement market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Wireless test equipment - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Wireless test equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Wireless test equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Wireless test equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Wireless test equipment - Year-over-year growth 2023-2028 (%)
    • 6.4 GPTE - Market size and forecast 2023-2028
      • Exhibit 38: Chart on GPTE - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on GPTE - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on GPTE - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on GPTE - Year-over-year growth 2023-2028 (%)
    • 6.5 Semiconductor test equipment - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Semiconductor test equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Semiconductor test equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Semiconductor test equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Semiconductor test equipment - Year-over-year growth 2023-2028 (%)
    • 6.6 Real-time test equipment - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Real-time test equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Real-time test equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Real-time test equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Real-time test equipment - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Product
      • Exhibit 50: Market opportunity by Product ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 54: Chart on Comparison by End-user
      • Exhibit 55: Data Table on Comparison by End-user
    • 7.3 Aerospace and defense - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
    • 7.4 Telecommunication - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Telecommunication - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Telecommunication - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Telecommunication - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Telecommunication - Year-over-year growth 2023-2028 (%)
    • 7.5 Semiconductor and electronics - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Semiconductor and electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Semiconductor and electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Semiconductor and electronics - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Semiconductor and electronics - Year-over-year growth 2023-2028 (%)
    • 7.6 Automotive and others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Automotive and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Data Table on Automotive and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 70: Chart on Automotive and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Automotive and others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 72: Market opportunity by End-user ($ billion)
      • Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 South Korea - Market size and forecast 2023-2028
      • Exhibit 115: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 116: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 117: Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 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
            • 12.4 Anritsu Corp.
              • Exhibit 131: Anritsu Corp. - Overview
              • Exhibit 132: Anritsu Corp. - Business segments
              • Exhibit 133: Anritsu Corp. - Key news
              • Exhibit 134: Anritsu Corp. - Key offerings
              • Exhibit 135: Anritsu Corp. - Segment focus
            • 12.5 Emerson Electric Co.
              • Exhibit 136: Emerson Electric Co. - Overview
              • Exhibit 137: Emerson Electric Co. - Business segments
              • Exhibit 138: Emerson Electric Co. - Key news
              • Exhibit 139: Emerson Electric Co. - Key offerings
              • Exhibit 140: Emerson Electric Co. - Segment focus
            • 12.6 EXFO Inc.
              • Exhibit 141: EXFO Inc. - Overview
              • Exhibit 142: EXFO Inc. - Product / Service
              • Exhibit 143: EXFO Inc. - Key offerings
            • 12.7 Fastech Telecommunications
              • Exhibit 144: Fastech Telecommunications - Overview
              • Exhibit 145: Fastech Telecommunications - Product / Service
              • Exhibit 146: Fastech Telecommunications - Key offerings
            • 12.8 Good Will Instrument Co. Ltd.
              • Exhibit 147: Good Will Instrument Co. Ltd. - Overview
              • Exhibit 148: Good Will Instrument Co. Ltd. - Product / Service
              • Exhibit 149: Good Will Instrument Co. Ltd. - Key offerings
            • 12.9 Hitachi Ltd.
              • Exhibit 150: Hitachi Ltd. - Overview
              • Exhibit 151: Hitachi Ltd. - Business segments
              • Exhibit 152: Hitachi Ltd. - Key news
              • Exhibit 153: Hitachi Ltd. - Key offerings
              • Exhibit 154: Hitachi Ltd. - Segment focus
            • 12.10 Keysight Technologies Inc.
              • Exhibit 155: Keysight Technologies Inc. - Overview
              • Exhibit 156: Keysight Technologies Inc. - Business segments
              • Exhibit 157: Keysight Technologies Inc. - Key news
              • Exhibit 158: Keysight Technologies Inc. - Key offerings
              • Exhibit 159: Keysight Technologies Inc. - Segment focus
            • 12.11 OWON Technology Inc.
              • Exhibit 160: OWON Technology Inc. - Overview
              • Exhibit 161: OWON Technology Inc. - Product / Service
              • Exhibit 162: OWON Technology Inc. - Key offerings
            • 12.12 Premier Measurement Solutions Pvt. Ltd.
              • Exhibit 163: Premier Measurement Solutions Pvt. Ltd. - Overview
              • Exhibit 164: Premier Measurement Solutions Pvt. Ltd. - Product / Service
              • Exhibit 165: Premier Measurement Solutions Pvt. Ltd. - Key offerings
            • 12.13 Qmax Test Equipments Pvt. Ltd.
              • Exhibit 166: Qmax Test Equipments Pvt. Ltd. - Overview
              • Exhibit 167: Qmax Test Equipments Pvt. Ltd. - Product / Service
              • Exhibit 168: Qmax Test Equipments Pvt. Ltd. - Key offerings
            • 12.14 Rohde and Schwarz GmbH and Co. KG
              • Exhibit 169: Rohde and Schwarz GmbH and Co. KG - Overview
              • Exhibit 170: Rohde and Schwarz GmbH and Co. KG - Product / Service
              • Exhibit 171: Rohde and Schwarz GmbH and Co. KG - Key offerings
            • 12.15 Scientech Technologies Pvt. Ltd.
              • Exhibit 172: Scientech Technologies Pvt. Ltd. - Overview
              • Exhibit 173: Scientech Technologies Pvt. Ltd. - Product / Service
              • Exhibit 174: Scientech Technologies Pvt. Ltd. - Key offerings
            • 12.16 Teradyne Inc.
              • Exhibit 175: Teradyne Inc. - Overview
              • Exhibit 176: Teradyne Inc. - Business segments
              • Exhibit 177: Teradyne Inc. - Key news
              • Exhibit 178: Teradyne Inc. - Key offerings
              • Exhibit 179: Teradyne Inc. - Segment focus
            • 12.17 Yokogawa Electric Corp.
              • Exhibit 180: Yokogawa Electric Corp. - Overview
              • Exhibit 181: Yokogawa Electric Corp. - Business segments
              • Exhibit 182: Yokogawa Electric Corp. - Key offerings
              • Exhibit 183: Yokogawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: 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

              PURCHASE FULL REPORT OF

              test and measurement market market

              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?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis