5G Test Equipment Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has conducted a thorough analysis of the 5G Test Equipment market, offering a comprehensive report on the global landscape. This report delivers valuable insights into market dynamics, emerging trends, lucrative opportunities, and potential challenges, providing an extensive overview of the market structure. The research publication presents exclusive data and statistics, projecting the anticipated growth trajectory of the 5G Test Equipment market from 2023 to 2030.

The global 5G test equipment market is forecast to expand at a CAGR of 6.9% and thereby increase from a value of US$2 Bn in 2023, to US$3.3 Bn by the end of 2030.

Key Insights:

5G Test Equipment Market Size (2023E): US$2.0 Bn

Projected Market Value (2030F): US$3.3 Bn

Global Market Growth Rate (CAGR 2023 to 2030): 6.9%

Historical Market Growth Rate (CAGR 2018 to 2022): 5.0%

5G Test Equipment Market - Report Scope

5G Test Equipment plays a pivotal role in ensuring the robustness, reliability, and performance of 5G networks and related technologies. It encompasses a diverse array of testing instruments and solutions designed to validate and optimize the functionality of 5G infrastructure components, devices, and applications. With the rapid evolution and deployment of 5G networks worldwide, there's a burgeoning demand for advanced test equipment capable of addressing the unique challenges posed by this transformative technology. Factors driving the growth of the global 5G Test Equipment market include the ongoing rollout of 5G networks, increasing adoption of 5G-enabled devices and services, and the imperative for network operators and equipment manufacturers to deliver superior user experiences. Additionally, the emergence of new use cases such as IoT, autonomous vehicles, and augmented reality necessitates stringent testing regimes to ensure the reliability and performance of 5G networks across diverse scenarios.

Market Growth Drivers

The proliferation of 5G technology represents a paradigm shift in wireless communications, offering unprecedented speed, capacity, and latency improvements over previous generations. As network operators race to deploy 5G infrastructure and expand coverage, there's a corresponding surge in demand for 5G Test Equipment to validate network performance, optimize spectral efficiency, and ensure compliance with international standards. Furthermore, the burgeoning ecosystem of 5G-enabled devices and applications necessitates comprehensive testing to guarantee interoperability, security, and seamless user experiences. This heightened focus on quality assurance and performance optimization drives investments in advanced test equipment and solutions, propelling the growth of the global 5G Test Equipment market.

Market Restraints

Despite the promising growth prospects, the 5G Test Equipment market faces certain challenges that may impede its expansion. One significant restraint is the complexity and diversity of 5G technology, which encompasses a multitude of frequency bands, network architectures, and use cases. Testing 5G networks and devices across these varied scenarios requires sophisticated testing solutions capable of simulating real-world conditions accurately. Additionally, the high cost associated with deploying and maintaining state-of-the-art test equipment poses a barrier to entry for smaller market players and hampers widespread adoption. Moreover, the evolving nature of 5G standards and specifications necessitates continuous upgrades and enhancements to testing infrastructure, adding further complexity and cost considerations for stakeholders.

Opportunities

Amidst the challenges, the 5G Test Equipment market presents lucrative opportunities for innovative companies to capitalize on the burgeoning demand for advanced testing solutions. With the global rollout of 5G networks gaining momentum, there's an increasing need for versatile, scalable, and cost-effective test equipment that can address the evolving requirements of network operators, equipment vendors, and application developers. Moreover, the emergence of new use cases such as industrial automation, remote healthcare, and smart cities unlocks new avenues for specialized testing services and solutions tailored to specific verticals. By investing in research and development, forging strategic partnerships, and leveraging emerging technologies like artificial intelligence and machine learning, companies can position themselves at the forefront of the 5G Test Equipment market and drive innovation in this dynamic ecosystem.

Key Questions Answered in Report::

What is the Forecast CAGR of the Global 5G Test Equipment Market by 2030?
What is the Present Market Size of 5G Test Equipment?
Which is the Largest Country in the Worldwide 5G Test Equipment Market?
Who are the Industry Leaders in Global 5G Test Equipment Market?
Which is the Fastest-growing End-use Industry Segment in the 5G Test Equipment Market?

Competitive Intelligence and Business Strategy

In the competitive landscape of the 5G Test Equipment market, companies such as Keysight Technologies, Anritsu Corporation, and Rohde & Schwarz GmbH & Co. KG employ diverse strategies to maintain their market leadership and drive growth. Keysight Technologies, for instance, focuses on innovation and differentiation by continuously expanding its portfolio of test solutions to address the evolving requirements of 5G technology. Through strategic acquisitions and collaborations, Keysight strengthens its capabilities in areas such as mmWave testing, network emulation, and device validation, catering to the diverse needs of its global customer base. Similarly, Anritsu Corporation emphasizes customer-centricity and domain expertise, leveraging its extensive experience in telecommunications testing to deliver tailored solutions that exceed customer expectations. By prioritizing customer satisfaction, technological innovation, and strategic partnerships, market leaders like Keysight Technologies and Anritsu Corporation consolidate their positions and shape the future of the 5G Test Equipment market.

Key Companies Profiled
Keysight Technologies
Spirent Communications
Tektronix, Inc.
Anritsu Corporation
LitePoint
MACOM Technology Solutions
Viavi Solutions
Rohde & Schwarz
Teradyne, Inc.

National Instruments Corporation.

GL Communications Inc.
Exfo Inc.

5G Test Equipment Market Segmentation

By Component:
Network Analyzers
Signal Generators
Oscilloscopes
Spectrum Analyzers

Wireless Communication Test Sets

Others
By Type:
Sub-6 GHz
Millimeter Wave (mmWave)
Both Sub-6 GHz and mmWave
By End User Industry:
Telecommunications
Electronics Manufacturing
Aerospace and Defense
Automotive
Healthcare
Others
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33602

1. Executive Summary

1.1. Global 5G Test Equipment Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Component Lifecycle Analysis
2.4. 5G Test Equipment Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global 5G Test Equipment Market Outlook: Component
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Component, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
  - 3.3.3.1. Network Analyzers
  - 3.3.3.2. Signal Generators
  - 3.3.3.3. Oscilloscopes
  - 3.3.3.4. Spectrum Analyzers
  - 3.3.3.5. Wireless Communication Test Sets
  - 3.3.3.6. Others
3.4. Market Attractiveness Analysis: Component
3.5. Global 5G Test Equipment Market Outlook: Type
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
  - 3.5.3.1. Sub-6 GHz
  - 3.5.3.2. Millimeter Wave (mmWave)
  - 3.5.3.3. Both Sub-6 GHz and mmWave
3.6. Market Attractiveness Analysis: Type
3.7. Global 5G Test Equipment Market Outlook: End-use Industry
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End-use Industry, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
  - 3.7.3.1. Telecommunications
  - 3.7.3.2. Electronics Manufacturing
  - 3.7.3.3. Aerospace and Defense
  - 3.7.3.4. Automotive
  - 3.7.3.5. Healthcare
  - 3.7.3.6. Others
3.8. Market Attractiveness Analysis: End-use Industry

4. Global 5G Test Equipment Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Component
- 5.3.3. By Type
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 5.5.1. Network Analyzers
- 5.5.2. Signal Generators
- 5.5.3. Oscilloscopes
- 5.5.4. Spectrum Analyzers
- 5.5.5. Wireless Communication Test Sets
- 5.5.6. Others
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 5.6.1. Sub-6 GHz
- 5.6.2. Millimeter Wave (mmWave)
- 5.6.3. Both Sub-6 GHz and mmWave
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 5.7.1. Telecommunications
- 5.7.2. Electronics Manufacturing
- 5.7.3. Aerospace and Defense
- 5.7.4. Automotive
- 5.7.5. Healthcare
- 5.7.6. Others

6. Europe 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Component
- 6.3.3. By Type
- 6.3.4. By End-use Industry
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. T rkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 6.5.1. Network Analyzers
- 6.5.2. Signal Generators
- 6.5.3. Oscilloscopes
- 6.5.4. Spectrum Analyzers
- 6.5.5. Wireless Communication Test Sets
- 6.5.6. Others
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 6.6.1. Sub-6 GHz
- 6.6.2. Millimeter Wave (mmWave)
- 6.6.3. Both Sub-6 GHz and mmWave
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 6.7.1. Telecommunications
- 6.7.2. Electronics Manufacturing
- 6.7.3. Aerospace and Defense
- 6.7.4. Automotive
- 6.7.5. Healthcare
- 6.7.6. Others

7. East Asia 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Component
- 7.3.3. By Type
- 7.3.4. By End-use Industry
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 7.5.1. Network Analyzers
- 7.5.2. Signal Generators
- 7.5.3. Oscilloscopes
- 7.5.4. Spectrum Analyzers
- 7.5.5. Wireless Communication Test Sets
- 7.5.6. Others
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 7.6.1. Sub-6 GHz
- 7.6.2. Millimeter Wave (mmWave)
- 7.6.3. Both Sub-6 GHz and mmWave
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 7.7.1. Telecommunications
- 7.7.2. Electronics Manufacturing
- 7.7.3. Aerospace and Defense
- 7.7.4. Automotive
- 7.7.5. Healthcare
- 7.7.6. Others

8. South Asia & Oceania 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Component
- 8.3.3. By Type
- 8.3.4. By End-use Industry
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 8.5.1. Network Analyzers
- 8.5.2. Signal Generators
- 8.5.3. Oscilloscopes
- 8.5.4. Spectrum Analyzers
- 8.5.5. Wireless Communication Test Sets
- 8.5.6. Others
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 8.6.1. Sub-6 GHz
- 8.6.2. Millimeter Wave (mmWave)
- 8.6.3. Both Sub-6 GHz and mmWave
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 8.7.1. Telecommunications
- 8.7.2. Electronics Manufacturing
- 8.7.3. Aerospace and Defense
- 8.7.4. Automotive
- 8.7.5. Healthcare
- 8.7.6. Others
8.8. Market Attractiveness Analysis

9. Latin America 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Component
- 9.3.3. By Type
- 9.3.4. By End-use Industry
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 9.5.1. Network Analyzers
- 9.5.2. Signal Generators
- 9.5.3. Oscilloscopes
- 9.5.4. Spectrum Analyzers
- 9.5.5. Wireless Communication Test Sets
- 9.5.6. Others
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 9.6.1. Sub-6 GHz
- 9.6.2. Millimeter Wave (mmWave)
- 9.6.3. Both Sub-6 GHz and mmWave
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 9.7.1. Telecommunications
- 9.7.2. Electronics Manufacturing
- 9.7.3. Aerospace and Defense
- 9.7.4. Automotive
- 9.7.5. Healthcare
- 9.7.6. Others

10. Middle East & Africa 5G Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Component
- 10.3.3. By Type
- 10.3.4. By End-use Industry
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Component, 2023 - 2030
- 10.5.1. Network Analyzers
- 10.5.2. Signal Generators
- 10.5.3. Oscilloscopes
- 10.5.4. Spectrum Analyzers
- 10.5.5. Wireless Communication Test Sets
- 10.5.6. Others
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 10.6.1. Sub-6 GHz
- 10.6.2. Millimeter Wave (mmWave)
- 10.6.3. Both Sub-6 GHz and mmWave
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-use Industry, 2023 - 2030
- 10.7.1. Telecommunications
- 10.7.2. Electronics Manufacturing
- 10.7.3. Aerospace and Defense
- 10.7.4. Automotive
- 10.7.5. Healthcare
- 10.7.6. Others

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Oscilloscopes
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Keysight Technologies
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Spirent Communications
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Tektronix, Inc.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Anritsu Corporation
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. LitePoint
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. MACOM Technology Solutions
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Viavi Solutions
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Rohde & Schwarz
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Teradyne, Inc.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. National Instruments Corporation.
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. GL Communications Inc.
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Product
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy
- 11.3.12. Exfo Inc.
  - 11.3.12.1. Overview
  - 11.3.12.2. Segments and Product
  - 11.3.12.3. Key Financials
  - 11.3.12.4. Market Developments
  - 11.3.12.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations