Communication Test Equipment Market to Record an 8.56% Y-O-Y Growth Rate in 2022, Government Initiatives for High-speed Network Connectivity to be a Major Trend – Technavio

Communication Test Equipment Market by Application and Geography - Forecast and Analysis 2022-2026

NEW YORK, Sept. 6, 2022 /PRNewswire/ — The communication test equipment market size is expected to grow by USD 5.95 billion from 2021 to 2026, progressing at a CAGR of  9.38% as per the latest market report by Technavio. Also, the market to record an 8.56% Y-O-Y growth rate in 2022. Government initiatives for high-speed network connectivity is one of the key communication test equipment market trends fueling the market growth. Currently, governments are increasingly focusing on implementing automation across the sector, which is attracting investments in building high-speed communication network infrastructure. As a result, market participants are collaborating with governments to build network infrastructure. This will increase the need for communication test equipment, which is used to test telecommunication networks for providing high-speed network connectivity. Thus, the increasing government initiatives for the development of high-speed networks will accelerate the development of communication test equipment, such as frequency counter, oscilloscope, and spectrum analyzer, for high-speed network connectivity during the forecast period. To know about the other market trends – Grab a Free Sample Report in MINUTES

Communication Test Equipment Market: Market Dynamics

  • Drivers – The increasing penetration of smart devices, the growing number of pre-commercial 5G trials & the growth of smart cities are the major factors propelling the market growth.
  • Challenges – The factors such as high costs of deployment, growing demand for refurbished and used communication test equipment  & adoption of virtualized radio access network (V-RAN) will hamper the market growth.
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Communication Test Equipment Market: Segmentation Analysis

The report extensively covers communication test equipment market segmentation by application (telecommunication, avionics and defense, automotive, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa)

Application Landscape

  • Revenue Generating Segment –The communication test equipment market share growth in the telecommunication segment will be significant during the forecast period. The adoption of communication test equipment is dependent on the growth of the telecommunications sector. Following commercial expansion and growing subscriber bases, operators are moving toward 4G services and 5G services. In addition, R&D investments in the emerging LTE-advanced (LTE-A) technologies and the commercialization of 5G in 2020 have fueled the growth of the telecommunications sector.

Geographic Landscape

  • Regional Highlights – 42% of the market’s growth will originate from APAC during the forecast period. China, Japan, South Korea, and Taiwan are the key markets for the CTE market in APAC. Market growth in this region will be slower than the growth of the market in North America. Rising demand for mobile communication devices will facilitate the communication test equipment market growth in APAC over the forecast period.

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Communication Test Equipment Market – Vendor Analysis

The communication test equipment market is fragmented and the vendors are deploying growth strategies such as technological innovations and strategic partnerships and acquisitions to compete in the market.

  • Analog devices Inc.
  • Anritsu Corp.
  • Aplab Ltd.
  • Astronics Corp.
  • Calnex Solutions Plc
  • EXFO Inc.
  • Farran
  • GL Communications Inc.
  • Good Will Instrument Co. Ltd.
  • Keysight Technologies Inc.
  • Megger Group Ltd.
  • National Instruments Corp.
  • NetScout Systems Inc.
  • Rohde and Schwarz GmbH and Co. KG
  • Spirent Communications Plc
  • Tektronix Inc.
  • TESSCO Technologies Inc.
  • Texas Instruments Inc.
  • Viavi Solutions Inc.
  • Yokogawa Electric Corp.
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What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, and 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

The competitive scenario provided in the Communication Test Equipment Market  Report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Communication Test Equipment Market Forecast Report –  Buy Now!

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Communication Test Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.38%

Market growth 2022-2026

USD 5.95 billion

Market structure

Fragmented

YoY growth (%)

8.56

Regional analysis

APAC, North America, Europe, South America, and the Middle East and Africa

Performing market contribution

APAC at 42%

Key consumer countries

US, China, Japan, South Korea, and Taiwan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Analog Devices Inc., Anritsu Corp., Aplab Ltd., Astronics Corp., Calnex Solutions Plc, EXFO Inc., Farran, GL Communications Inc., Good Will Instrument Co. Ltd., Keysight Technologies Inc., Megger Group Ltd., National Instruments Corp., NetScout Systems Inc., Rohde and Schwarz GmbH and Co. KG, Spirent Communications Plc, Tektronix Inc., TESSCO Technologies Inc., Texas Instruments Inc., Viavi Solutions Inc., and Yokogawa Electric Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Content

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market Definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Telecommunication – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Telecommunication – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Telecommunication – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Telecommunication – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Telecommunication – Year-over-year growth 2021-2026 (%)
  • 5.4 Avionics and defense – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Avionics and defense – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Avionics and defense – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Avionics and defense – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Avionics and defense – Year-over-year growth 2021-2026 (%)
  • 5.5 Automotive – Market size and forecast 2021-2026
    • Exhibit 36: Chart on Automotive – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Automotive – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Automotive – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Automotive – Year-over-year growth 2021-2026 (%)
  • 5.6 Others – Market size and forecast 2021-2026
    • Exhibit 40: Chart on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Others – Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Others – Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by Application
    • Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 48: Chart on Geographic comparison
    • Exhibit 49: Data Table on Geographic comparison
  • 7.3 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.4 North America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.5 Europe – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 62: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 70: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Japan – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.11 South Korea – Market size and forecast 2021-2026
    • Exhibit 82: Chart on South Korea – Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on South Korea – Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on South Korea – Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on South Korea – Year-over-year growth 2021-2026 (%)
  • 7.12 Taiwan – Market size and forecast 2021-2026
    • Exhibit 86: Chart on Taiwan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on Taiwan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on Taiwan – Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Taiwan – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 Analog Devices Inc.
    • Exhibit 97: Analog Devices Inc. – Overview
    • Exhibit 98: Analog Devices Inc. – Business segments
    • Exhibit 99: Analog Devices Inc. – Key offerings
    • Exhibit 100: Analog Devices Inc. – Segment focus
  • 10.4 Anritsu Corp.
    • Exhibit 101: Anritsu Corp. – Overview
    • Exhibit 102: Anritsu Corp. – Business segments
    • Exhibit 103: Anritsu Corp. – Key news
    • Exhibit 104: Anritsu Corp. – Key offerings
    • Exhibit 105: Anritsu Corp. – Segment focus
  • 10.5 Aplab Ltd.
    • Exhibit 106: Aplab Ltd. – Overview
    • Exhibit 107: Aplab Ltd. – Product / Service
    • Exhibit 108: Aplab Ltd. – Key offerings
  • 10.6 Astronics Corp.
    • Exhibit 109: Astronics Corp. – Overview
    • Exhibit 110: Astronics Corp. – Business segments
    • Exhibit 111: Astronics Corp. – Key offerings
    • Exhibit 112: Astronics Corp. – Segment focus
  • 10.7 Calnex Solutions Plc
    • Exhibit 113: Calnex Solutions Plc – Overview
    • Exhibit 114: Calnex Solutions Plc – Product / Service
    • Exhibit 115: Calnex Solutions Plc – Key offerings
  • 10.8 EXFO Inc.
    • Exhibit 116: EXFO Inc. – Overview
    • Exhibit 117: EXFO Inc. – Product / Service
    • Exhibit 118: EXFO Inc. – Key offerings
  • 10.9 Farran
    • Exhibit 119: Farran – Overview
    • Exhibit 120: Farran – Product / Service
    • Exhibit 121: Farran – Key offerings
  • 10.10 GL Communications Inc.
    • Exhibit 122: GL Communications Inc. – Overview
    • Exhibit 123: GL Communications Inc. – Product / Service
    • Exhibit 124: GL Communications Inc. – Key offerings
  • 10.11 Good Will Instrument Co. Ltd.
    • Exhibit 125: Good Will Instrument Co. Ltd. – Overview
    • Exhibit 126: Good Will Instrument Co. Ltd. – Product / Service
    • Exhibit 127: Good Will Instrument Co. Ltd. – Key offerings
  • 10.12 Keysight Technologies Inc.
    • Exhibit 128: Keysight Technologies Inc. – Overview
    • Exhibit 129: Keysight Technologies Inc. – Business segments
    • Exhibit 130: Keysight Technologies Inc. – Key news
    • Exhibit 131: Keysight Technologies Inc. – Key offerings
    • Exhibit 132: Keysight Technologies Inc. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 133: Inclusions checklist
    • Exhibit 134: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 135: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 136: Research methodology
    • Exhibit 137: Validation techniques employed for market sizing
    • Exhibit 138: Information sources
  • 11.5 List of abbreviations
    • Exhibit 139: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 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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