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Used for the development and manufacturing of products across industries, deployment of networks, and maintenance of communications services, radio frequency (RF) test and measurement (T&M) equipment is witnessing increasing demand due to the proliferation of RF technology and the emergence of disruptive concepts such as the connected car in the automotive industry and 5G. With the smart mobility concept, and new cellular and Wi-Fi standards including 4.5G, 4.9G, 5G and 802.11ax, RF test equipment will be in high demand over the next 5 to 7 years. This will be compounded by increasing demand from the medical devices industry. Internet of Things (IoT) standards, including NB-IOT, BLE, LTE-M, and LoRa, will also offer revenue opportunities for highly cost-effective solutions to test IoT devices. 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 RF T&M market. This research service analyzes and quantifies the market from various angles including form factor, product type, end-user vertical, and geography.The study also features the market shares of leading competitors at the total market level and for each segment. Key market participants include Keysight Technologies, Rohde & Schwarz, Anritsu, National Instruments, Teradyne, which includes LitePoint, Advantest, and LTX-Credence, which is part of Xcerra. Other notable participants include Averna, Copper Mountain Technologies, Marvin Test Solutions, Cobham Wireless, Tektronix, and Wireless Telecom Group with the Boonton Electronics brand.
The base year is 2016 with historical data from 2013 to 2015 and forecasts provided from 2017 to 2023.
Revenue forecasts are provided for the following:
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