What are the Growth Hubs for General-purpose Electronics Test & Measurement Equipment?
Electric vehicles, increasing automotive electronics content, advancements in wireless communication technology, IoT, and efficient energy consumption drive market growth
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.
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.
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