DUBLIN – (COMMERCIAL THREAD) – “Wireless Test Equipment – Global Market Trajectory and Analysis” report has been added to ResearchAndMarkets.com offer.
Amid the COVID-19 crisis, the global wireless test equipment market estimated at US $ 5 billion in 2020 is expected to reach a revised size of US $ 7 billion by 2027, growing to a 5.1% CAGR over the 2020-2027 analysis period.
Mobile wireless device test equipment, one of the segments analyzed in the report, is expected to register a CAGR of 4.5% and reach US $ 3 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the infrastructure test equipment segment is readjusted to a revised CAGR of 6.2% for the next 7-year period.
The US market is estimated at $ 1.3 billion, while China is expected to grow at 7.7% CAGR
The wireless test equipment market in the United States is estimated at US $ 1.3 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 1.4 billion by 2020. 2027, after a CAGR of 7.7% over the analysis period 2020 to 2027. Other notable geographies include Japan and Canada, each forecasting growth of 2.9% and 4.6% respectively over the period. period 2020-2027. In Europe, Germany is expected to grow at a CAGR of around 3.2%.
Drive Test Equipment Segment to Record 3.8% CAGR
In the global Drive Test Equipment segment, the United States, Canada, Japan, China and Europe will lead the estimated 3.4% CAGR for this segment. These regional markets representing a combined market size of US $ 477.5 million in 2020 will reach a projected size of US $ 602.4 million by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach US $ 940.2 million by 2027, while Latin America will grow at a 4.7% CAGR during the analysis period.
Selected Competitors (Total 58 featured):
AWT Global, LLC
Testing and certification DEKRA, SAU
Hermon TI Laboratories Ltd.
Keysight Technologies Inc.
Rohde & Schwarz GMBH & Co. KG
Spirent Communications Plc
Viavi Solutions Inc.
Main topics covered:
1. MARKET OVERVIEW
Overview of the influencer market
Global market trajectories
Mobile Communications Industry – A Prelude
Recent market activity
Wireless Test Equipment – What It Means for Industry Participants
Wireless Test Equipment Market – Intrinsically Linked To The Health Of The Mobile Communications Industry
Pioneer manufacturers of innovative wireless test equipment, standards and procedures
Select test equipment takeoffs to meet current challenges
Market Benefits of Post-Recession Recovery from Industry Outlook
Asia-Pacific driven by growth of LTE network
Impact of Covid-19 and an impending global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
Emerging trends in the wireless test equipment market
Developments in wireless integrated circuit technology are driving down ASPs
Complexities of mobile phones
Parallel Testing Solutions – Agenda
Consumer Mobile Devices – A Great Business Opportunity
Opportunity indicators for mobile device testing equipment
New network deployments, maintenance and upgrades drive demand for wireless test equipment among network operators
Soaring data traffic warrants network improvements – drives demand for test equipment
Increased tension on 3G networks puts 4G networks in the spotlight
Transition to 4G Networks – Revolutionizing the Mobile Communications Landscape
Constant upgrades ensure innovative products and technologies
Expected increase in new advanced LTE and LTE network launches to stimulate the market in the short to medium term
Factors behind the data wave
“Mobile internet” generates incredible data usage
Growing use of internet enabled smart devices
A look at the increased consumption of the following high bandwidth applications
Cloud computing via mobile devices
Operator demand for efficient infrastructure equipment to drive the test equipment market among equipment manufacturers
Growing demand for mobile applications bodes well for the wireless test equipment market
Developing markets – Growth hotspots
Technological developments bode well for the market
Software – Vital for the development of the test plan
One-Box wireless test equipment grows in importance
Emerging wireless standards and the need for higher bandwidth drive demand for RF signal generators
Key challenges for wireless test equipment vendors in the LTE market
Interoperability with multiple standards – A major challenge
4. WORLD MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information on this report, visit https://www.researchandmarkets.com/r/ak4q7x