Electrical Test Equipment Market Share

Statistics for the 2023 & 2024 Electrical Test Equipment market share, created by Mordor Intelligence™ Industry Reports. Electrical Test Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Electrical Test Equipment Industry

The electrical and electronic test equipment market is characterized by a high degree of fragmentation, featuring key players like Fortive Corporation, Keysight Technologies Inc., Rohde & Schwarz GmbH & Co. KG, National Instruments Corporation, and Anritsu Corporation. Market participants are strategically leveraging partnerships and acquisitions to bolster their product portfolios and establish a sustainable competitive edge.

In August 2023, Yokogawa Test & Measurement Corporation, a subsidiary of Yokogawa Electric Corporation, introduced the DLM5000HD series of precision oscilloscopes. Positioned as an advanced iteration of the DLM5000 series, the DLM5000HD series broadens Yokogawa's oscilloscope offerings, encompassing models with 500 MHz and 350 MHz frequency bandwidths. These models offer enhanced resolution for precise waveform analysis and incorporate user-friendly features that streamline setup and operation.

In June 2023, Advantest Corporation unveiled its collaboration with Arizona State University (ASU) to establish a novel test engineering program in partnership with NXP. The program's curriculum, initially developed by ASU's Ira and Fulton Schools of Engineering faculty, has been enriched through laboratory experiments devised by Advantest. These experiments are administered jointly by Advantest and NXP, marking a significant educational milestone.

Electrical and Electronic Test Equipment Market Leaders

  1. Fortive Corporation

  2. Keysight Technologies Inc.

  3. Rohde & Schwarz GmbH & Co. KG

  4. National Instruments Corporation

  5. Anritsu Corporation

*Disclaimer: Major Players sorted in no particular order

Electrical Test Equipment Market Concentration

Electrical and Electronic Test Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)