Radio Frequency (RF) Test and Measurement (T&M) Market, Forecast to 2023

Automotive and 5G Fuel Market Growth

Used for the development and manufacturing of products across industries, deployment of networks, and maintenance of communications services, radio frequency (RF) test and measurement (T&M) equipment is witnessing increasing demand due to the proliferation of RF technology and the emergence of disruptive concepts such as the connected car in the automotive industry and 5G.

With the smart mobility concept, and new cellular and Wi-Fi standards including 4.5G, 4.9G, 5G and 802.11ax, RF test equipment will be in high demand over the next 5 to 7 years. This will be compounded by increasing demand from the medical devices industry. Internet of Things (IoT) standards, including NB-IOT, BLE, LTE-M, and LoRa, will also offer revenue opportunities for highly cost-effective solutions to test IoT devices.

Leveraging strong relationships with participants in the T&M market, in combination with desk research and market expertise accumulated over the past 20 years by tracking and monitoring this space, the author has developed a detailed study of the RF T&M market. This research service analyzes and quantifies the market from various angles including form factor, product type, end-user vertical, and geography.

The study also features the market shares of leading competitors at the total market level and for each segment. Key market participants include Keysight Technologies, Rohde & Schwarz, Anritsu, National Instruments, Teradyne, which includes LitePoint, Advantest, and LTX-Credence, which is part of Xcerra. Other notable participants include Averna, Copper Mountain Technologies, Marvin Test Solutions, Cobham Wireless, Tektronix, and Wireless Telecom Group with the Boonton Electronics brand.

Research Scope

The base year is 2016 with historical data from 2013 to 2015 and forecasts provided from 2017 to 2023.

Revenue forecasts are provided for the following:

• Segments: traditional electronic instrumentation, modular electronic instrumentation based on open modular standards PXI and AXIe, and semiconductor automatic test equipment (ATE)
• Products: one-box testers, spectrum and signal analyzers, signal generators/sources, network analyzers, power meters, electronic counters, and cable and antenna analyzers
• End Users: communications, aerospace and defense, consumer electronics, industrial and automotive, and others
• Regions: North America, Europe, Asia Pacific, and Emerging regions

Key Issues Addressed

• What is the growth outlook for RF T&M equipment over the next 5-7 years?
• Which segment(s) of the RF T&M equipment industry offer(s) the highest growth potential?
• Who are the leading market participants and what are their respective strengths and weaknesses?
• What are the key transformational shifts participants must address to survive/grow in the RF T&M market?
• Which end-user industries should market participants focus on to ensure their future growth?