Market Trends of One-Box Testers Industry
This section covers the major market trends shaping the One-Box Testers Market according to our research experts:
Telecommunication Industry to Witness Significant Growth
- The telecommunication industry is expected to witness significant growth due to the increasing number of cellular network subscriptions across the world. The innovation trend in the industry is moving towards faster and more responsive connections. Hence the testing equipment is increasing needs in the span of these domains. The design-system level for test and validate the design, as well as at the research and development stage, adoption of one box tester is gaining popularity to perform pre-conformance and conformance testing, build manufacturing test capacity, and optimize the performance of deployed networks with our comprehensive cellular solutions.
- Currently, LTE is the most widely developed and deployed wireless technology across the world. Additionally, with the evolution of this technology with LTE Advanced (LTE-A) and LTE Advanced Pro (LTE-A Pro) for supporting wider bandwidth, increased carrier aggregation, and multi-gigabit data rates, the companies are growing using the one box testers to optimize their LTE performance to 4.9G.
- In recent years, the 5G network is gaining traction in the telecommunication industry for enhancing the massive machine communications with low-latency, and high-reliability applications. Also, the 5G equipment manufacturers have to follow the latest 5G NR compliance, which is fueling the demand for one box testers in the telecommunication industry.
- Moreover, the 5G network is required to co-exist with 4G and other wireless communications without causing interference. The one-box tester enables the comapny to validate the isolation of their 5G network. According to 5G Americas, the worldwide 5G subscribers is estimated to increase from 0.7 million to 1.3 billion by the year 2023.
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North America Region to Account for the Largest Share
- Augmented demand from telecommunication and consumer electronics sector is the principal factor driving the market. Having test equipment with exceptional technologies integrated into it has been a boosting factor to the telecom industry in North America. The North America region is predicted to contribute massively to the global market owing to the presence of various instrumentation and testing tools manufacturers. The high adoption rates of latest smartphones conforming to the latest wireless standards are expected to bode well for the region.
- The automotive industry is also increasingly adopting the one box testers for validating the operations of electronic and communications in the vehicle. The automotive has evolved with the proliferation in the use of electronics and automation systems. Also, the emerging ADAS and electric vehicles have increased the adoption of one box testers.
- Additionally, the international automotive manufacturers are expanding their facilities in the region for batteries as well as autonomous vehicles. For instance, in April 2019, Ford announced to build a new factory in Michigan to manufacture autonomous vehicles. For the same, the company has planned to invest USD 900 million and is expected to complete within the next two year.
- Moreover, the United States government is the highest spender on its military and defense activities, including adopting new technologies, which is mostly manufactured in the North America region. The high demand for defense and aerospace structures in the region is expected to drive the one box testers in the market.
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