Digital test equipment, is a computerized machinery solution that employs test instruments to assess and conduct findings of quality, performance, functionality, and stress tests performed on electronic equipment and systems. Factors such as increasing penetration of 5G technology and deployment of LTE and LTE-Advanced (4G) networks are creating profitable opportunities for the digital test equipment market in the forecast period.
This report contains market size and forecasts of Digital Test Equipment in global, including the following market information:
Global Digital Test Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Digital Test Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Digital Test Equipment companies in 2021 (%)
The global Digital Test Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Digital Multimeter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digital Test Equipment include Fluke Corporation, Ideal Industries, Keysight Technologies, L. S. Starrett Company, National Instruments, Rohde and Schwarz GmbH, Texas Instruments, Teradyne and Tektronix and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Test Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Test Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Digital Test Equipment Market Segment Percentages, by Type, 2021 (%)
Digital Multimeter
Digital LCR Meter
Digital Oscilloscope
Others
Global Digital Test Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Digital Test Equipment Market Segment Percentages, by Application, 2021 (%)
Electronic Telecommunications
Aerospace
Education
Automotive
Global Digital Test Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Digital Test Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Test Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Digital Test Equipment revenues share in global market, 2021 (%)
Key companies Digital Test Equipment sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Digital Test Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fluke Corporation
Ideal Industries
Keysight Technologies
L. S. Starrett Company
National Instruments
Rohde and Schwarz GmbH
Texas Instruments
Teradyne
Tektronix
Yokogawa Electric