Insights into the global wireless test equipment market through 2027 – including Anritsu, Hermon Laboratories and LitePoint

0

DUBLIN, November 23, 2021– (BUSINESS WIRE) – The “Wireless Test Equipment – Global Market Trajectory & Analytics” report was added to ResearchAndMarkets.com to offer.

In the midst of the COVID-19 crisis, the global wireless test equipment market, which is estimated at $ 5 billion in 2020, will reach a revised size of $ 7 billion by 2027 and will have a CAGR of 5 in the 2020 analysis period. 1% grow -2027.

Wireless mobile device test equipment, one of the segments analyzed in the report, is expected to post a CAGR of 4.5% and reach $ 3 billion by the end of the analysis period. Following an early analysis of the business impact of the pandemic and the economic crisis it caused, growth in the infrastructure test equipment segment will be adjusted to a revised CAGR of 6.2% for the next 7 year period.

The US market is valued at $ 1.3 billion, while China is forecast to grow by 7.7% CAGR

The US wireless test equipment market is estimated at $ 1.3 billion in 2020. China, the world’s second largest economy, is expected to reach a forecast market size of $ 1.4 billion by 2027, a CAGR of 7.7% over the analysis period 2020 to 2027. Other notable geographic markets include Japan and Canada, which will grow 2.9% and 4.6% respectively over the 2020-2027 period. A growth of approx. 3.2% CAGR is forecast for Germany within Europe.

Drive Test Equipment segment records 3.8% CAGR

In the global Drive Test Equipment segment, the USA, Canada, Japan, China and Europe will drive the CAGR of 3.4% estimated for this segment. These regional markets, with a combined market size of $ 477.5 million in 2020, will have a projected size of $ 602.4 million by the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India and South Korea, the Asia-Pacific market is projected to reach $ 940.2 million by 2027, while Latin America is expected to grow 4.7% CAGR over the analysis period.

Selected competitors (58 presented in total):

  • Anritsu Corp.

  • AWT Global, LLC

  • Cobham AvComm

  • Cobham Wireless

  • DEKRA testing and certification, SAU

  • Hermon Laboratories TI Ltd.

  • Keysight Technologies Inc.

  • LitePoint Corp.

  • Rohde & Schwarz GMBH & Co. KG

  • Spirent Communications Plc

  • Teradyne Inc.

  • Viavi Solutions Inc.

Key topics covered:

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

  • Insights into the influencer market

  • World market trajectories

  • Mobile communications industry – a prelude

  • Current market activity

  • Wireless Test Equipment – What it means for industry participants

  • Wireless Test Equipment Market – Intrinsically Linked to Cellular Sector Health

  • Manufacturers who lead the way in innovative wireless test equipment, standards and procedures

  • Select test device launches to address current challenges

  • Market benefits from the post-recession recovery in terms of industry outlook

  • outlook

  • Asia-Pacific driven by growing LTE network

  • Effects of Covid-19 and an impending global recession

2. FOCUS ON SELECTED PLAYERS

3. MARKET TRENDS & DRIVERS

  • New trends in the wireless test equipment market

  • Developments in wireless IC technology are holding back ASPs

  • Complexity of Cell Phones

  • Parallel test solutions – order of the day

  • Consumer Mobile Devices – An Excellent Commercial Opportunity

  • Opportunity indicators for test equipment for mobile devices

  • New network deployments, maintenance, and upgrades are driving demand for wireless test equipment from network operators

  • Increasing traffic justifies network improvements – Increases demand for test equipment

  • Increased load on 3G networks puts 4G networks in the spotlight

  • Transition to 4G networks – revolutionizing the mobile communications landscape

  • Constant upgrades guarantee innovative products and technologies

  • Projected increase in the new LTE and LTE-Advanced network to stimulate the market in the short to medium term

  • Factors that drive the flood of data

  • “Mobile Internet” leads to incredible data usage

  • Increasing use of internet-enabled intelligent devices

  • A look at the increased consumption of bandwidth-intensive applications

  • Entertainment services

  • Corporate mobility

  • Cloud computing via mobile devices

  • Operator demand for efficient infrastructure equipment to stimulate the test equipment market among equipment manufacturers

  • Growing demand for mobile applications bodes well for the wireless test equipment market

  • Developing markets – hotspots for growth

  • Technology developments bode well for the market

  • Software – critical to test plan development

  • One-box wireless test equipment is gaining in importance

  • New wireless standards and the need for wider bandwidth are increasing the demand for RF signal generators

  • Key challenges for wireless test equipment providers in the LTE market

  • Interoperability with multiple standards – a major challenge

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

NS. COMPETITION

Please visit https://www.researchandmarkets.com/r/ak4q7x for more information on this report

View source version on businesswire.com: https://www.businesswire.com/news/home/20211123005758/de/

contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For EST office hours, call 1-917-300-0470
For US / CAN toll free call 1-800-526-8630
For GMT office hours, call + 353-1-416-8900. at

Share.

Comments are closed.