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OTA Testing - Global Market Trajectory & Analytics

  • ID: 4805903
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Bluflux, LLC
  • Bureau Veritas SA
  • CETECOM GmbH
  • Eurofins Scientific
  • Intertek Group PLC
  • Mvg
  • MORE
Global OTA Testing Market to Reach $2.1 Billion by 2027

Amid the COVID-19 crisis, the global market for OTA Testing estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 8.7% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$1.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 8.2% CAGR for the next 7-year period.



The U.S. Market is Estimated at $344.9 Million, While China is Forecast to Grow at 8.1% CAGR

The OTA Testing market in the U.S. is estimated at US$344.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$362.3 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

Select Competitors (Total 42 Featured):
  • Spirent Communications PLC
  • Testilabs
  • TUV Rheinland AG
  • UL LLC (Underwriters Laboratories)
  • Verkotan OY
  • Bluflux, LLC
  • Bureau Veritas SA
  • CETECOM GmbH
  • Electro Magnetic Test, Inc.
  • Element Materials Technology
  • Eurofins Scientific
  • Intertek Group PLC
  • Keysight Technologies, Inc.
  • Mvg
  • National Technical Systems, Inc.
  • Octoscope, Inc.
  • Rohde & Schwarz GmbH & Co. KG
  • SGS SA
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bluflux, LLC
  • Bureau Veritas SA
  • CETECOM GmbH
  • Eurofins Scientific
  • Intertek Group PLC
  • Mvg
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Spirent Communications PLC
  • Testilabs
  • TUV Rheinland AG
  • UL LLC (Underwriters Laboratories)
  • Verkotan OY
  • Bluflux, LLC
  • Bureau Veritas SA
  • CETECOM GmbH
  • Electro Magnetic Test, Inc.
  • Element Materials Technology
  • Eurofins Scientific
  • Intertek Group PLC
  • Keysight Technologies, Inc.
  • Mvg
  • National Technical Systems, Inc.
  • Octoscope, Inc.
  • Rohde & Schwarz GmbH & Co. KG
  • SGS SA
Note: Product cover images may vary from those shown
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