Dec 8, 2021   SOURCE: BusinessWire

Global General Purpose Electronic Test and Measurement Instruments Industry to 2027 - Ongoing Developments to Add Exciting Features to Oscilloscope Technology - ResearchAndMarkets.com

The "General Purpose Electronic Test and Measurement Instruments - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for General Purpose Electronic Test and Measurement Instruments estimated at US$7.7 Billion in the year 2020, is projected to reach a revised size of US$11.2 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027.

Digital Oscilloscopes, one of the segments analyzed in the report, is projected to grow at a 4% CAGR to reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the PC-based Oscilloscopes segment is readjusted to a revised 5.9% CAGR for the next 7-year period. This segment currently accounts for a 3% share of the global General Purpose Electronic Test and Measurement Instruments market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 8.8% CAGR for the Period of 2020-2027

The General Purpose Electronic Test and Measurement Instruments market in the U.S. is estimated at US$2.1 Billion in the year 2020. The country currently accounts for a 26.99% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.4 Billion in the year 2027 trailing a CAGR of 8.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market (as defined in the study) will reach US$2.4 Billion by the year 2027.

Network Analyzers Segment Corners a 15.8% Share in 2020

In the global Network Analyzers segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$924.9 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 165 Featured) -

  • Advantest Corporation
  • Anritsu Corporation
  • AstroNova, Inc.
  • B&K Precision Corporation
  • Fortive Corporation
  • Fluke Corporation
  • Tektronix, Inc.
  • GaGe Applied Technologies, Inc.
  • Good Will Instrument Co., Ltd.
  • Hioki E. E. Corporation
  • Ideal Industries, Inc.
  • Keysight Technologies, Inc.
  • National Instruments Corporation
  • Pico Technology
  • Rohde & Schwarz GmbH & Co. KG
  • Spanawave Corporation
  • Stanford Research Systems, Inc.
  • Teledyne LeCroy, Inc.
  • Thurlby Thandar Instruments Limited
  • VIAVI Solutions, Inc.
  • Wireless Telecom Group, Inc.
  • Boonton Electronics
  • Yokogawa Electric Corporation

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Electronic Test & Measurement Instruments: Indispensable for Validation of Performance and Functioning of Electronic Products
  • Despite Market Maturity, New Wave of Technologies and Next Generation Products Propel Growth in Electronics T&M Instruments Market
  • General Purpose Electronics T&M Market Poised for Healthy Growth
  • Developing Markets Continue to be Hotspots for Growth
  • Outsourced Manufacturing Activity Boosts Demand for T&M Instruments Market in Developing Countries
  • Global Economic Outlook Impacts Electronics T&M Instruments Market
  • Manufacturing PMI: An Important Bellwether
  • Competitive Landscape
  • A Fragmented Marketplace
  • What Does it Take To Survive in the Marketplace?
  • Manufacturers Resort to Product Commoditization
  • Harnessing the Internet: A Necessity
  • Application-Specific Functionality Gains Traction as a Competitive Ploy
  • Focus on Key Growth Areas
  • Pressure to Prune Down Costs & Increase Production Turnover Intensifies
  • Manufacturers Pushed Against the Wall to Make All the Right Cuts
  • Outsourcing of Testing Services Compels T&M Instrument Manufacturers to Focus on Service Providers as Key Customer Segment
  • Market Share Statistics
  • Recent Market Activity
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Signal Generators: Multifunctional, Compact Signal Generators Remain Indispensable for Test Engineers
  • RF Signal Generators: Significant Growth in Store
  • Defense Systems Drive Demand for Microwave Signal Generators
  • Complex Modulation through Arbitrary Signal Generators
  • Innovative Signal Generators Available in the Market
  • Rohde & Schwartz Launches RF/Microwave Signal Generators
  • Arbitrary Microwave Signal Generators from Astronics and Tektronix
  • Saelig's RF Signal Generators
  • Keysight's M9383A PXIe Microwave Signal Generator
  • Signal Hound's VSG25A Vector Signal Generator
  • RIGOL Launches New RF Signal Generators
  • Anritsu's MG3690C Analog Signal Generator
  • Multifunctional Signal Instruments Gain Traction
  • Software Solutions for Signal Generators
  • Oscilloscopes: The Largest Revenue Contributor
  • Developing Markets: A Lucrative Market to Mine
  • Digital and PC-Based Oscilloscopes to Replace Analog Versions
  • High-end Oscilloscopes Witnesses High Growth
  • DSOs: Striving to Keep Up with Demanding End-User Specifications
  • Product Innovations & Technology Developments: Spearheading Growth in Oscilloscopes Market
  • Ongoing Developments to Add Exciting Features to Oscilloscope Technology

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/sh0fji