Global General-purpose Electronics Test and Measurement Equipment Market Growth Opportunities

Electronic test and measurement (T&M) instruments capture, process, and display data, signals, and electrical parameters. They find significant use in research, product development, prototyping, manufacturing, and field testing applications. Market participants continue to invest in these instruments' R&D and capability upgrades as they play an integral role in the development of emerging technologies, such as 5G, 6G, WiFi6, autonomous driving, commercial space activities, and electric vehicles. As the digital transformation, IoT, Industry 4.0, and other Mega Trends take center stage, the use of connected electronic devices will grow, irrespective of vertical, as will the demand for electronic T&M instruments. Research Highlights: Leveraging strong relationships with participants in the T&M market, in combination with desk research and market expertise accumulated over the past 20 years by tracking and monitoring this space, Frost & Sullivan has developed a detailed study of the global general-purpose electronics T&M equipment market. The study analyzes the equipment and software market from various angles, including product type, application, end user, and geography. Revenue forecasts are provided for: Product Segments: Semiconductor automatic test equipment (ATE) systems, radio frequency (RF) test equipment, digital test equipment, electrical and environmental test equipment, data acquisition (DAQ) systems, general-purpose test software, test operations software, and modular test equipment. Products: Including one-box testers, spectrum and signal analyzers, signal generators, network analyzers, power meters, electronic counters, oscilloscopes, power analyzers, bit error rate testers (BERT), protocol analyzers, logic analyzers, digital multimeters, electrical testers, environmental testers, and DAQ equipment. End-user Verticals: Semiconductors, automotive, transportation (other than automotive), defense, commercial aviation, commercial space, communication, white goods (includes consumer electronics and the related wearables), academics (includes research institutes and labs), medical (includes medical wearables), energy (includes oil and gas, power, and utilities), and others. Regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Key Research Highlights: • Detailed revenue forecasts are provided for end users across each product segment at the application level. • Country-level forecasts are provided for each product segment. Leading market participants include Keysight Technologies, Teradyne, Advantest, Rohde & Schwarz, Tektronix, National Instruments, Fluke, Anritsu, Xcerra (Cohu), Teledyne LeCroy, Yokogawa, Testo, FLIR, Chauvin Arnoux, and Hioki. The base year for this research research is 2021, with historical data from 2018 to 2026. The forecast period is from 2022 to 2026. Author: Prabhu Karunakaran