Global Electronic Test and Measurement Market Research Report 2023

The aerospace and defense (A&D) industry is one of the most critical end-user segments for the test and measurement (T&M) market. The global electronic test equipment market for aerospace and defense will undergo significant transformation over the next five to eight years with the advent of new technologies changing customer requirements. Leading A&D vendors are working toward higher frequencies, greater bandwidth availability, and multi-channel solutions and adding functionality to their existing systems. There is also a strong focus on repeatable measurements in these areas.

The global Electronic Test and Measurement market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The A&D industry has seen renewed growth in recent times due to increasing defense spending and budget allocations by national governments all over the world. The United States still records the highest military expenditure in the world. Defense spending in the US is growing again, after multiple years of decline. Defense budgets and future growth are driven by the Trump government’s increased focus on strengthening the US military.

This report aims to provide a comprehensive presentation of the global market for Electronic Test and Measurement, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Test and Measurement.

The Electronic Test and Measurement market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Electronic Test and Measurement market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Electronic Test and Measurement companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Electronic Test and Measurement Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Semiconductor Automatic Test Equipment (ATE)

1.2.3 Radio Frequency (RF) Test Equipment

1.2.4 Digital Test Equipment

1.2.5 Electrical and Environmental Test

1.2.6 Data Acquisition (DAQ)

1.3 Market by Application

1.3.1 Global Electronic Test and Measurement Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Aerospace & Defense

1.3.3 Communications

1.3.4 Consumer Electronics

1.3.5 Semiconductors and Computing

1.3.6 Industrial & Automotive

1.3.7 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Electronic Test and Measurement Market Perspective (2018-2029)

2.2 Electronic Test and Measurement Growth Trends by Region

2.2.1 Global Electronic Test and Measurement Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Electronic Test and Measurement Historic Market Size by Region (2018-2023)

2.2.3 Electronic Test and Measurement Forecasted Market Size by Region (2024-2029)

2.3 Electronic Test and Measurement Market Dynamics

2.3.1 Electronic Test and Measurement Industry Trends

2.3.2 Electronic Test and Measurement Market Drivers

2.3.3 Electronic Test and Measurement Market Challenges

2.3.4 Electronic Test and Measurement Market Restraints

3.1 Global Top Electronic Test and Measurement Players by Revenue

3.1.1 Global Top Electronic Test and Measurement Players by Revenue (2018-2023)

3.1.2 Global Electronic Test and Measurement Revenue Market Share by Players (2018-2023)

3.2 Global Electronic Test and Measurement Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Electronic Test and Measurement Revenue

3.4 Global Electronic Test and Measurement Market Concentration Ratio

3.4.1 Global Electronic Test and Measurement Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Electronic Test and Measurement Revenue in 2022

3.5 Electronic Test and Measurement Key Players Head office and Area Served

3.6 Key Players Electronic Test and Measurement Product Solution and Service

3.7 Date of Enter into Electronic Test and Measurement Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Electronic Test and Measurement Historic Market Size by Type (2018-2023)

4.2 Global Electronic Test and Measurement Forecasted Market Size by Type (2024-2029)

5.1 Global Electronic Test and Measurement Historic Market Size by Application (2018-2023)

5.2 Global Electronic Test and Measurement Forecasted Market Size by Application (2024-2029)

6.1 North America Electronic Test and Measurement Market Size (2018-2029)

6.2 North America Electronic Test and Measurement Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Electronic Test and Measurement Market Size by Country (2018-2023)

6.4 North America Electronic Test and Measurement Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Electronic Test and Measurement Market Size (2018-2029)

7.2 Europe Electronic Test and Measurement Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Electronic Test and Measurement Market Size by Country (2018-2023)

7.4 Europe Electronic Test and Measurement Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Electronic Test and Measurement Market Size (2018-2029)

8.2 Asia-Pacific Electronic Test and Measurement Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Electronic Test and Measurement Market Size by Region (2018-2023)

8.4 Asia-Pacific Electronic Test and Measurement Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Electronic Test and Measurement Market Size (2018-2029)

9.2 Latin America Electronic Test and Measurement Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Electronic Test and Measurement Market Size by Country (2018-2023)

9.4 Latin America Electronic Test and Measurement Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Electronic Test and Measurement Market Size (2018-2029)

10.2 Middle East & Africa Electronic Test and Measurement Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Electronic Test and Measurement Market Size by Country (2018-2023)

10.4 Middle East & Africa Electronic Test and Measurement Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Rohde & Schwarz

11.1.1 Rohde & Schwarz Company Detail

11.1.2 Rohde & Schwarz Business Overview

11.1.3 Rohde & Schwarz Electronic Test and Measurement Introduction

11.1.4 Rohde & Schwarz Revenue in Electronic Test and Measurement Business (2018-2023)

11.1.5 Rohde & Schwarz Recent Development

11.2 Lockheed Martin

11.2.1 Lockheed Martin Company Detail

11.2.2 Lockheed Martin Business Overview

11.2.3 Lockheed Martin Electronic Test and Measurement Introduction

11.2.4 Lockheed Martin Revenue in Electronic Test and Measurement Business (2018-2023)

11.2.5 Lockheed Martin Recent Development

11.3 Boeing

11.3.1 Boeing Company Detail

11.3.2 Boeing Business Overview

11.3.3 Boeing Electronic Test and Measurement Introduction

11.3.4 Boeing Revenue in Electronic Test and Measurement Business (2018-2023)

11.3.5 Boeing Recent Development

11.4 National Instruments

11.4.1 National Instruments Company Detail

11.4.2 National Instruments Business Overview

11.4.3 National Instruments Electronic Test and Measurement Introduction

11.4.4 National Instruments Revenue in Electronic Test and Measurement Business (2018-2023)

11.4.5 National Instruments Recent Development

11.5 Viavi Solutions

11.5.1 Viavi Solutions Company Detail

11.5.2 Viavi Solutions Business Overview

11.5.3 Viavi Solutions Electronic Test and Measurement Introduction

11.5.4 Viavi Solutions Revenue in Electronic Test and Measurement Business (2018-2023)

11.5.5 Viavi Solutions Recent Development

11.6 Keysight Technologies

11.6.1 Keysight Technologies Company Detail

11.6.2 Keysight Technologies Business Overview

11.6.3 Keysight Technologies Electronic Test and Measurement Introduction

11.6.4 Keysight Technologies Revenue in Electronic Test and Measurement Business (2018-2023)

11.6.5 Keysight Technologies Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Electronic Test and Measurement Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Semiconductor Automatic Test Equipment (ATE)

    Table 3. Key Players of Radio Frequency (RF) Test Equipment

    Table 4. Key Players of Digital Test Equipment

    Table 5. Key Players of Electrical and Environmental Test

    Table 6. Key Players of Data Acquisition (DAQ)

    Table 7. Global Electronic Test and Measurement Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Electronic Test and Measurement Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Electronic Test and Measurement Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Electronic Test and Measurement Market Share by Region (2018-2023)

    Table 11. Global Electronic Test and Measurement Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Electronic Test and Measurement Market Share by Region (2024-2029)

    Table 13. Electronic Test and Measurement Market Trends

    Table 14. Electronic Test and Measurement Market Drivers

    Table 15. Electronic Test and Measurement Market Challenges

    Table 16. Electronic Test and Measurement Market Restraints

    Table 17. Global Electronic Test and Measurement Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Electronic Test and Measurement Market Share by Players (2018-2023)

    Table 19. Global Top Electronic Test and Measurement Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Test and Measurement as of 2022)

    Table 20. Ranking of Global Top Electronic Test and Measurement Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Electronic Test and Measurement Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Electronic Test and Measurement Product Solution and Service

    Table 24. Date of Enter into Electronic Test and Measurement Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Electronic Test and Measurement Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Electronic Test and Measurement Revenue Market Share by Type (2018-2023)

    Table 28. Global Electronic Test and Measurement Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Electronic Test and Measurement Revenue Market Share by Type (2024-2029)

    Table 30. Global Electronic Test and Measurement Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Electronic Test and Measurement Revenue Market Share by Application (2018-2023)

    Table 32. Global Electronic Test and Measurement Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Electronic Test and Measurement Revenue Market Share by Application (2024-2029)

    Table 34. North America Electronic Test and Measurement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Electronic Test and Measurement Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Electronic Test and Measurement Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Electronic Test and Measurement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Electronic Test and Measurement Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Electronic Test and Measurement Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Electronic Test and Measurement Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Electronic Test and Measurement Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Electronic Test and Measurement Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Electronic Test and Measurement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Electronic Test and Measurement Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Electronic Test and Measurement Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Electronic Test and Measurement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Electronic Test and Measurement Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Electronic Test and Measurement Market Size by Country (2024-2029) & (US$ Million)

    Table 49. Rohde & Schwarz Company Detail

    Table 50. Rohde & Schwarz Business Overview

    Table 51. Rohde & Schwarz Electronic Test and Measurement Product

    Table 52. Rohde & Schwarz Revenue in Electronic Test and Measurement Business (2018-2023) & (US$ Million)

    Table 53. Rohde & Schwarz Recent Development

    Table 54. Lockheed Martin Company Detail

    Table 55. Lockheed Martin Business Overview

    Table 56. Lockheed Martin Electronic Test and Measurement Product

    Table 57. Lockheed Martin Revenue in Electronic Test and Measurement Business (2018-2023) & (US$ Million)

    Table 58. Lockheed Martin Recent Development

    Table 59. Boeing Company Detail

    Table 60. Boeing Business Overview

    Table 61. Boeing Electronic Test and Measurement Product

    Table 62. Boeing Revenue in Electronic Test and Measurement Business (2018-2023) & (US$ Million)

    Table 63. Boeing Recent Development

    Table 64. National Instruments Company Detail

    Table 65. National Instruments Business Overview

    Table 66. National Instruments Electronic Test and Measurement Product

    Table 67. National Instruments Revenue in Electronic Test and Measurement Business (2018-2023) & (US$ Million)

    Table 68. National Instruments Recent Development

    Table 69. Viavi Solutions Company Detail

    Table 70. Viavi Solutions Business Overview

    Table 71. Viavi Solutions Electronic Test and Measurement Product

    Table 72. Viavi Solutions Revenue in Electronic Test and Measurement Business (2018-2023) & (US$ Million)

    Table 73. Viavi Solutions Recent Development

    Table 74. Keysight Technologies Company Detail

    Table 75. Keysight Technologies Business Overview

    Table 76. Keysight Technologies Electronic Test and Measurement Product

    Table 77. Keysight Technologies Revenue in Electronic Test and Measurement Business (2018-2023) & (US$ Million)

    Table 78. Keysight Technologies Recent Development

    Table 79. Research Programs/Design for This Report

    Table 80. Key Data Information from Secondary Sources

    Table 81. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Electronic Test and Measurement Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Electronic Test and Measurement Market Share by Type: 2022 VS 2029

    Figure 3. Semiconductor Automatic Test Equipment (ATE) Features

    Figure 4. Radio Frequency (RF) Test Equipment Features

    Figure 5. Digital Test Equipment Features

    Figure 6. Electrical and Environmental Test Features

    Figure 7. Data Acquisition (DAQ) Features

    Figure 8. Global Electronic Test and Measurement Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Electronic Test and Measurement Market Share by Application: 2022 VS 2029

    Figure 10. Aerospace & Defense Case Studies

    Figure 11. Communications Case Studies

    Figure 12. Consumer Electronics Case Studies

    Figure 13. Semiconductors and Computing Case Studies

    Figure 14. Industrial & Automotive Case Studies

    Figure 15. Others Case Studies

    Figure 16. Electronic Test and Measurement Report Years Considered

    Figure 17. Global Electronic Test and Measurement Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 18. Global Electronic Test and Measurement Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 19. Global Electronic Test and Measurement Market Share by Region: 2022 VS 2029

    Figure 20. Global Electronic Test and Measurement Market Share by Players in 2022

    Figure 21. Global Top Electronic Test and Measurement Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Test and Measurement as of 2022)

    Figure 22. The Top 10 and 5 Players Market Share by Electronic Test and Measurement Revenue in 2022

    Figure 23. North America Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. North America Electronic Test and Measurement Market Share by Country (2018-2029)

    Figure 25. United States Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Canada Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Europe Electronic Test and Measurement Market Share by Country (2018-2029)

    Figure 29. Germany Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. France Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. U.K. Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Italy Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Russia Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Nordic Countries Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Asia-Pacific Electronic Test and Measurement Market Share by Region (2018-2029)

    Figure 37. China Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Japan Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. South Korea Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Southeast Asia Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. India Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Australia Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Latin America Electronic Test and Measurement Market Share by Country (2018-2029)

    Figure 45. Mexico Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Brazil Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Middle East & Africa Electronic Test and Measurement Market Share by Country (2018-2029)

    Figure 49. Turkey Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Saudi Arabia Electronic Test and Measurement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 51. Rohde & Schwarz Revenue Growth Rate in Electronic Test and Measurement Business (2018-2023)

    Figure 52. Lockheed Martin Revenue Growth Rate in Electronic Test and Measurement Business (2018-2023)

    Figure 53. Boeing Revenue Growth Rate in Electronic Test and Measurement Business (2018-2023)

    Figure 54. National Instruments Revenue Growth Rate in Electronic Test and Measurement Business (2018-2023)

    Figure 55. Viavi Solutions Revenue Growth Rate in Electronic Test and Measurement Business (2018-2023)

    Figure 56. Keysight Technologies Revenue Growth Rate in Electronic Test and Measurement Business (2018-2023)

    Figure 57. Bottom-up and Top-down Approaches for This Report

    Figure 58. Data Triangulation

    Figure 59. Key Executives Interviewed