Artificial Intelligence-powered Electronic Test & Measurement Instruments Drive the Global Aerospace and Defense Industry

Artificial Intelligence-powered Electronic Test & Measurement Instruments Drive the Global Aerospace and Defense Industry

Future Growth Potential in Portable and Modular Products Boosts Demand

RELEASE DATE
18-Dec-2020
REGION
Global
Research Code: K570-01-00-00-00
SKU: TM00658-GL-MT_25065

$4,950.00

Special Price $4,207.50 save 15 %

In stock
SKU
TM00658-GL-MT_25065

$4,950.00

$4,207.50 save 15 %

DownloadLink

Pay by invoice

ENQUIRE NOW

Description

The market for electronic test and measurement instruments in the global aerospace and defense industry is expected to experience an approximate 3.5% compound annual growth rate (CAGR) from 2019 to 2026. In 2019, it generated $2,041.2 million, with a base year growth rate of 2.9%. The market is set to grow further once the impact of the COVID-19 pandemic eases up.

The objective of this study is to identify the key market trends in the base year 2019 and the factors that are boosting and restraining market growth. In particular, analysis covers the product areas, vertical market segments, and application areas that will spur growth during the forecast period of 2020 to 2026.

The research provides estimates of the market size and future growth prospects up to 2026. For this purpose, a specific methodology is followed that includes discussion with senior management of test and measurement manufacturers that is supported by secondary research.


Research Highlights

In-depth analysis with market sizing of product segments:

  • General purpose (GP) test equipment: oscilloscopes, digital multimeters, signal generators, spectrum analyzers, network analyzers, power  meters, logic analyzers, electronic counters, one-box testers, bit error rate testers (BERT), protocol analyzers
  • Data acquisition (DAQ) test equipment: PCI, PXI, USB, Ethernet, VXI, proprietary standard DAQ equipment
  • Environmental test (EVT) equipment: humidity meters, sound meters, moisture meters, water quality meters, vibration testers, light meters
  • Electrical test (ET) equipment: milli ohm meters (Mi o), Micro ohm meters (Me), thermal imagers (TI), ground resistance meters (GR M), harmonic testers (HT), phase/rotation testers, hipot testers, megohmmeter/insulation testers, earth and receptivity testers, voltmeters, and clamp-on ammeters 

Regional perspective of demand pattern in advanced and emerging markets: North America, Europe, Asia-Pacific, and Rest of World

End-user analysis: military and defense, commercial aviation, commercial satellite

Market segment growth is forecasted, and an in-depth analysis of the competitive landscape, including vendors' market shares, is included.

  • Spending on T&M will decrease in 2020 due to COVID-19 and unforeseen challenges, such as buyer purchasing power.
  • Focus on research and development (R&D) will continue to boost demand as vendors will try to differentiate their products with key features and functionalities.
  • Support from system integrators is an important ingredient for vendors to sell their products. Brand image plays an important role in this scenario.
  • From a geographic standpoint, APAC leads with a CAGR of 3.9% between 2019 and 2026.

Author: Sujan Sami

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Electronic Test & Measurement (T&M) in the Aerospace & Defense (A&D) Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Electronic T&M in A&D Industry Segmentation

Electronic T&M in the A&D Industry Scope of Analysis

Electronic T&M in the A&D Industry Scope of Analysis (continued)

Definitions

Definitions (continued)

Definitions (continued)

Definitions (continued)

Key Competitors for Electronic T&M in A&D Industry

Key Questions this Study will Answer

Key Growth Metrics for Electronic T&M in A&D Industry

Distribution Channels for Electronic T&M in A&D Industry

Growth Drivers for Electronic T&M in the A&D Industry

Growth Driver Analysis for Electronic T&M in the A&D Industry

Growth Driver Analysis for Electronic T&M in the A&D Industry (continued)

Growth Restraints for Electronic T&M in the A&D Industry

Growth Restraints Analysis for Electronic T&M in the A&D Industry

Forecast Assumptions—Electronic T&M in the A&D Industry

Revenue Forecast—Electronic T&M in A&D Industry

Percent Revenue by Product—Electronic T&M in A&D Industry

Revenue Forecast by Region—Electronic T&M in A&D Industry

Revenue Forecast by End User—Electronic T&M in A&D Industry

Revenue Forecast by Application—Electronic T&M in A&D Industry

Revenue Forecast Analysis—Electronic T&M in the A&D Industry

Percent Revenue Forecast Analysis by Product—Electronic T&M in the A&D Industry

Revenue Forecast Analysis by Region—Electronic T&M in the A&D Industry

Revenue Forecast Analysis by End User—Electronic T&M in the A&D Industry

Revenue Forecast Analysis by Application—Electronic T&M in the A&D Industry

Pricing Trends and Forecast Analysis—Electronic T&M in the A&D Industry

Competitive Environment—Electronic T&M in A&D Industry

Revenue Share—Electronic T&M in A&D Industry

Revenue Share Analysis—Electronic T&M in the A&D Industry

Growth Opportunity 1: Consultative Approach (Future-proof and/or Modular Instruments) for Customer Retention and Expansion, 2020

Growth Opportunity 1: Consultative Approach (Future-proof and/or Modular Instruments) for Customer Retention and Expansion, 2020 (continued)

Growth Opportunity 2: Increase in Defense Budgets, 2020

Growth Opportunity 2: Increase in Defense Budgets, 2020 (continued)

Your Next Steps

Why Frost, Why

List of Exhibits

Legal Disclaimer

Related Research
The market for electronic test and measurement instruments in the global aerospace and defense industry is expected to experience an approximate 3.5% compound annual growth rate (CAGR) from 2019 to 2026. In 2019, it generated $2,041.2 million, with a base year growth rate of 2.9%. The market is set to grow further once the impact of the COVID-19 pandemic eases up. The objective of this study is to identify the key market trends in the base year 2019 and the factors that are boosting and restraining market growth. In particular, analysis covers the product areas, vertical market segments, and application areas that will spur growth during the forecast period of 2020 to 2026. The research provides estimates of the market size and future growth prospects up to 2026. For this purpose, a specific methodology is followed that includes discussion with senior management of test and measurement manufacturers that is supported by secondary research.--BEGIN PROMO--

Research Highlights

In-depth analysis with market sizing of product segments:

  • General purpose (GP) test equipment: oscilloscopes, digital multimeters, signal generators, spectrum analyzers, network analyzers, power  meters, logic analyzers, electronic counters, one-box testers, bit error rate testers (BERT), protocol analyzers
  • Data acquisition (DAQ) test equipment: PCI, PXI, USB, Ethernet, VXI, proprietary standard DAQ equipment
  • Environmental test (EVT) equipment: humidity meters, sound meters, moisture meters, water quality meters, vibration testers, light meters
  • Electrical test (ET) equipment: milli ohm meters (Mi o), Micro ohm meters (Me), thermal imagers (TI), ground resistance meters (GR M), harmonic testers (HT), phase/rotation testers, hipot testers, megohmmeter/insulation testers, earth and receptivity testers, voltmeters, and clamp-on ammeters 

Regional perspective of demand pattern in advanced and emerging markets: North America, Europe, Asia-Pacific, and Rest of World

End-user analysis: military and defense, commercial aviation, commercial satellite

Market segment growth is forecasted, and an in-depth analysis of the competitive landscape, including vendors' market shares, is included.

  • Spending on T&M will decrease in 2020 due to COVID-19 and unforeseen challenges, such as buyer purchasing power.
  • Focus on research and development (R&D) will continue to boost demand as vendors will try to differentiate their products with key features and functionalities.
  • Support from system integrators is an important ingredient for vendors to sell their products. Brand image plays an important role in this scenario.
  • From a geographic standpoint, APAC leads with a CAGR of 3.9% between 2019 and 2026.

Author: Sujan Sami

More Information
No Index No
Podcast No
Author Sujan Sami
Industries Test and Measurement Instrumentation
WIP Number K570-01-00-00-00
Is Prebook No
GPS Codes 9404-A5,9594,9403,99FA,9593