General Purpose Electronic Test & Measurement Instrument Market Report: Trends, Forecast and Competitive Analysis to 2030

General Purpose Electronic Test & Measurement Instrument Trends and Forecast

The future of the general purpose electronic test & measurement instrument market looks promising with opportunities in the communication, industrial, aerospace & defense, electronics & semiconductor markets. The general purpose electronic test & measurement instrument market is expected to reach an estimated $48 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing acceptance of IoT devices, growing need for accurate electrical signal measurement and analysis, and rising demand for measurement and testing tools in several fields such as telecommunications, consumer electronics, and others.

A more than 150-page report is developed to help in your business decisions.

General Purpose Electronic Test & Measurement Instrument by Segment

The study includes a forecast for the global general purpose electronic test & measurement instrument by product, end use, and region.

General Purpose Electronic Test & Measurement Instrument Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Oscilloscop
• Spectrum Analyzer
• Signal Generator
• Network Analyzer
• Multimeter
• Others

General Purpose Electronic Test & Measurement Instrument Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Communication
• Industrial
• Aerospace & Defense
• Electronics & Semiconductor
• Others

General Purpose Electronic Test & Measurement Instrument Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of General Purpose Electronic Test & Measurement Instrument Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies general purpose electronic test & measurement instrument companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the general purpose electronic test & measurement instrument companies profiled in this report include-

• Anritsu
• Rohde & Schwarz
• National Instruments
• Keysight Technologies
• Teledyne Technologies

General Purpose Electronic Test & Measurement Instrument Market Insights

Lucintel forecasts that oscilloscope will remain the largest segment over the forecast period.

APAC will remain the largest region over the forecast period because of high adoption in communication, industrial, medical devices, electronics and semiconductors sectors.

Features of the General Purpose Electronic Test & Measurement Instrument Market

Market Size Estimates: General purpose electronic test & measurement instrument market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: General purpose electronic test & measurement instrument market size by product, end use, and region in terms of value ($B).

Regional Analysis: General purpose electronic test & measurement instrument market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, end use, and regions for the general purpose electronic test & measurement instrument market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the general purpose electronic test & measurement instrument market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the general purpose electronic test & measurement instrument market size?

Answer: The global general purpose electronic test & measurement instrument market is expected to reach an estimated $48 billion by 2030.

Q2. What is the growth forecast for general purpose electronic test & measurement instrument market?

Answer: The global general purpose electronic test & measurement instrument market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the general purpose electronic test & measurement instrument market?

Answer: The major drivers for this market are increasing acceptance of IoT devices, growing need for accurate electrical signal measurement and analysis, and rising demand for measurement and testing tools in several fields such as telecommunications, consumer electronics, and others.

Q4. What are the major segments for general purpose electronic test & measurement instrument market?

Answer: The future of the general purpose electronic test & measurement instrument market looks promising with opportunities in the communication, industrial, aerospace & defense, electronics & semiconductor markets.

Q5. Who are the key general purpose electronic test & measurement instrument market companies?

Answer: Some of the key general purpose electronic test & measurement instrument companies are as follows:

• Anritsu
• Rohde & Schwarz
• National Instruments
• Keysight Technologies
• Teledyne Technologies

Q6. Which general purpose electronic test & measurement instrument market segment will be the largest in future?

Answer: Lucintel forecasts that oscilloscope will remain the largest segment over the forecast period.

Q7. In general purpose electronic test & measurement instrument market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period because of high adoption in communication, industrial, medical devices, electronics and semiconductors sectors.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the general purpose electronic test & measurement instrument market by product (oscilloscop, spectrum analyzer, signal generator, network analyzer, multimeter, and others), end use (communication, industrial, aerospace & defense, electronics & semiconductor, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?