Market Share of Modular Test Equipment Industry
The Modular Test Equipment Market is moderately consolidated, with few local and international players active in the market. International participants operate in the market through partnerships with local players. With the market expected to broaden and yield more opportunities, more players are expected to enter the market soon. The key players in the market studied include Teradyne Inc, Advantest Corporation, and National Instruments, among others. These major players have adopted various growth strategies, such as new product launches, mergers and acquisitions, expansions, partnerships, joint ventures, and others, to strengthen their position in this market.
- May 2022 - Keysight Technologies has announced the Double-Pulse Tester (DPT) launch with the PD1550A Advanced Dynamic Power Device Analyser. The new technology will enhance capabilities that will enable customers to test entire power modules more efficiently and effectively.
- February 2021 - U.S. Air Force, test and measurement experts have offered a contract of USD 78.2 million to Teradyne Inc to provide kits for the Versatile Depot Automatic Test Station (VDATS) family of electronics testers to troubleshoot military aircraft.
Modular Test Equipment Market Leaders
Advantest Corporation
Teradyne, Inc.
National Instruments
Chroma Ate
Cohu Inc.
*Disclaimer: Major Players sorted in no particular order
