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The market is fragmented by the presence of several regional and international players. There has been a rise in the number of local players. These vendors are finding it difficult to compete with international players in terms of quality, durability, reliability, and technological innovations. The competitive scenario in the market is expected to intensify with the rising focus on technological innovations by vendors.
Agilent Technologies Inc., Airbus SE, AMETEK Inc., Astronics Corp., C and H Technologies Inc., COMTEL Electronics GmbH, Data Patterns India Ltd., Gigatronics Inc., ICS Electronics, Informtest Holding, Keysight Technologies Inc., North Atlantic Industries, Phillips Aerospace, Pickering Interfaces Ltd., Spanawave Corp., Teradyne Inc., Virginia Panel Corp., Vitrek LLC, VX Instruments GmbH, and W-IE-NE-R Power Electronics GmbH are some of the dominant players in the market.
The augmented production of electronic goods, growing demand from end-user industries, the evolution of test equipment into software-defined platforms supported by open software ecosystems will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
VXI Test Equipment Market 2022-2026: Segmentation
- Product
- Oscilloscopes
- Function Generators
- Power Suppliers
- Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
By product, oscilloscopes accounted for maximum sales in the market in 2021. The growth of the segment can be attributed to factors such as ongoing technological innovations in product offerings, increasing use of surface-mount technology (SMT) components, growing demand for signal storage equipment, growing adoption of IoT technology, increasing adoption of optical fiber networks to support high volumes of data and faster communication speeds, and complexities of integrated circuits (ICs). The market growth in the segment will be significant during the forecast period.
By geography, North America will offer maximum growth opportunities for market players. The high concentration of integrated device manufacturers, fabs, and R&D centers is driving the growth of the regional market. Also, the increase in demand from the aerospace and defense and IoT sector and growing investments in superfast 5G wireless networks will drive the growth of the VXI test equipment market in North America during the forecast period. The US is the key market for VXI test equipment in North America.
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VXI Test Equipment Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist VXI test equipment market growth during the next five years
- Estimation of the VXI test equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the VXI test equipment market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of VXI test equipment market vendors
Related Reports:
Radio Frequency Signal Generator Market by Application and Geography - Forecast and Analysis 2021-2025
Ethernet Test Equipment Market by Product and Geography Forecast and Analysis 2022-2026
VXI Test Equipment Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 23.1% |
Market growth 2022-2026 |
USD 54.1 billion |
Market structure |
Fragmented |
YoY growth (%) |
21.34 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
North America at 34% |
Key consumer countries |
US, China, Japan, South Korea, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Agilent Technologies Inc., Airbus SE, AMETEK Inc., Astronics Corp., C and H Technologies Inc., COMTEL Electronics GmbH, Data Patterns India Ltd., Gigatronics Inc., ICS Electronics, Informtest Holding, Keysight Technologies Inc., North Atlantic Industries, Phillips Aerospace, Pickering Interfaces Ltd., Spanawave Corp., Teradyne Inc., Virginia Panel Corp., Vitrek LLC, VX Instruments GmbH, and W-IE-NE-R Power Electronics GmbH |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Oscilloscopes - Market size and forecast 2021-2026
- Exhibit 28: Chart on Oscilloscopes - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Oscilloscopes - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Oscilloscopes - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Oscilloscopes - Year-over-year growth 2021-2026 (%)
- 5.4 Function generators - Market size and forecast 2021-2026
- Exhibit 32: Chart on Function generators - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Function generators - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Function generators - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Function generators - Year-over-year growth 2021-2026 (%)
- 5.5 Power suppliers - Market size and forecast 2021-2026
- Exhibit 36: Chart on Power suppliers - Market size and forecast 2021-2026 ($ billion)
- Exhibit 37: Data Table on Power suppliers - Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Chart on Power suppliers - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Power suppliers - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Product
- Exhibit 40: Market opportunity by Product ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 South Korea - Market size and forecast 2021-2026
- Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ billion)
- Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ billion)
- Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Agilent Technologies Inc.
- Exhibit 93: Agilent Technologies Inc. - Overview
- Exhibit 94: Agilent Technologies Inc. - Business segments
- Exhibit 95: Agilent Technologies Inc. - Key news
- Exhibit 96: Agilent Technologies Inc. - Key offerings
- Exhibit 97: Agilent Technologies Inc. - Segment focus
- 10.4 Airbus SE
- Exhibit 98: Airbus SE - Overview
- Exhibit 99: Airbus SE - Business segments
- Exhibit 100: Airbus SE - Key news
- Exhibit 101: Airbus SE - Key offerings
- Exhibit 102: Airbus SE - Segment focus
- 10.5 Astronics Corp.
- Exhibit 103: Astronics Corp. - Overview
- Exhibit 104: Astronics Corp. - Business segments
- Exhibit 105: Astronics Corp. - Key offerings
- Exhibit 106: Astronics Corp. - Segment focus
- 10.6 C and H Technologies Inc.
- Exhibit 107: C and H Technologies Inc. - Overview
- Exhibit 108: C and H Technologies Inc. - Product / Service
- Exhibit 109: C and H Technologies Inc. - Key offerings
- 10.7 Gigatronics Inc.
- Exhibit 110: Gigatronics Inc. - Overview
- Exhibit 111: Gigatronics Inc. - Product / Service
- Exhibit 112: Gigatronics Inc. - Key offerings
- 10.8 Informtest Holding
- Exhibit 113: Informtest Holding - Overview
- Exhibit 114: Informtest Holding - Product / Service
- Exhibit 115: Informtest Holding - Key offerings
- 10.9 Pickering Interfaces Ltd.
- Exhibit 116: Pickering Interfaces Ltd. - Overview
- Exhibit 117: Pickering Interfaces Ltd. - Product / Service
- Exhibit 118: Pickering Interfaces Ltd. - Key offerings
- 10.10 Teradyne Inc.
- Exhibit 119: Teradyne Inc. - Overview
- Exhibit 120: Teradyne Inc. - Business segments
- Exhibit 121: Teradyne Inc. - Key offerings
- Exhibit 122: Teradyne Inc. - Segment focus
- 10.11 Vitrek LLC
- Exhibit 123: Vitrek LLC - Overview
- Exhibit 124: Vitrek LLC - Product / Service
- Exhibit 125: Vitrek LLC - Key offerings
- 10.12 VX Instruments GmbH
- Exhibit 126: VX Instruments GmbH - Overview
- Exhibit 127: VX Instruments GmbH - Product / Service
- Exhibit 128: VX Instruments GmbH - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 129: Inclusions checklist
- Exhibit 130: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 131: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 132: Research methodology
- Exhibit 133: Validation techniques employed for market sizing
- Exhibit 134: Information sources
- 11.5 List of abbreviations
- Exhibit 135: List of abbreviations
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