Test and Measurement Equipment Market Share

Report ID: GMI11842
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Published Date: October 2024
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Report Format: PDF

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Test and Measurement Equipment Market Share

Test and Measurement Equipment Company Market Share, 2023

Keysight Technologies, Advantest Corporation, and Rohde & Schwarz collectively held a substantial market share of around 15% in the test and measurement equipment industry in 2023. Keysight Technologies stands out with its comprehensive range of wireless testing and semiconductor solutions, emphasizing innovation and intuitive software interfaces. Its dominant role in IoT and 5G testing solutions, bolstered by a strong commitment to R&D, sharpens its competitive advantage. Furthermore, partnerships with industry frontrunners and a solid support infrastructure reinforce its standing in the market.
 

Advantest Corporation, a specialist in semiconductor testing systems, has carved out a significant niche in the high-tech manufacturing arena. Its state-of-the-art automated test equipment (ATE) prioritizes efficiency and precision, catering to the surging demand for integrated circuits. With strategic alliances and a relentless focus on R&D, Advantest consistently leads the charge in technological innovations.
 

Test and Measurement Equipment Market Companies

Major players operating in the test and measurement equipment industry are:

  • Advantest
  • Anritsu
  • Emerson Electric
  • Fluke
  • Keysight Technologies
  • National Instruments
  • Rohde & Schwarz
  • Tektronix
  • Teledyne Technologies
  • Viavi Solutions
Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
How big is the test and measurement equipment market?
The market size of test and measurement equipment reached USD 28.8 billion in 2023 and is set to grow at a 5.1% CAGR from 2024 to 2032, driven by the rapid expansion of 5G networks.
What is the market share of general-purpose test equipment segment?
How significant is the digital test segment in the test and measurement equipment industry?
How much is the North America test and measurement equipment market worth?
Who are the major players in the test and measurement equipment industry?
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    Authors: Preeti Wadhwani, Aishvarya Ambekar
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    Base Year: 2023

    Companies covered: 20

    Tables & Figures: 180

    Countries covered: 23

    Pages: 200

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