Test And Measurement Market size to grow by USD 9,119.5 million from 2022 to 2027; Growth driven by the increase in the number of smart-connected devices- Technavio
NEW YORK, May 31, 2023 /PRNewswire/ -- The latest report on the test and measurement market, 2023-2027 estimates to register an incremental growth of USD 9,119.5 million, accelerating at a CAGR of 5.1% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report
Test And Measurement Market 2023-2027: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Advantest Corp., Anritsu Corp., Ceyear Technologies Co. Ltd., EXFO Inc., Fastech Telecommunications, Fortive Corp., Good Will Instrument Co. Ltd., Hitachi Ltd., Keysight Technologies Inc., Mission Critical Electronics, National Instruments Corp., Premier Measurement Solutions Pvt. Ltd., Qmax Test Equipments Pvt. Ltd., Rohde and Schwarz GmbH and Co. KG, Scientech Technologies Pvt. Ltd., SPX Corp., Teradyne Inc., Thermo Fisher Scientific Inc., Viavi Solutions Inc., and Yokogawa Electric Corp. are among some of the major market participants.
advantest.com- The company offers test and measurement instruments such as V93000 exa scale, and evolutionary V93000 EXA scale SoC Test system.
anritsu.com- The company offers test and measurement solutions for telecommunication markets such as mobile wireless and wireline, RF and microwave, broadcasting, and multimedia.
exfo.com- The company offers test and measurement equipments such as optical channel filtering, interferometry and metrology, optical component testing platform, and optical spectrum analyzer.
What`s New for 2023?
Test and Measurement Market 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:
In addition to the forecast, the report also highlights the key opportunities by analyzing drivers, trends, and challenges for the market. Download Sample reports
Test and Measurement Market 2023-2027: Segmentation
The test and Measurement Market is segmented as below:
For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027) – Download a Sample Report
Test and Measurement Market 2023-2027: Key Highlights
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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