PUBLISHER: The Business Research Company | PRODUCT CODE: 1923092
PUBLISHER: The Business Research Company | PRODUCT CODE: 1923092
Evaluation electronics refers to the methods or tools employed to test, analyze, and assess electronic components, circuits, or systems to evaluate their performance, functionality, and suitability for particular applications. This process often utilizes evaluation kits, boards, or instruments provided by manufacturers, enabling engineers to experiment with, measure, and understand a device's behavior before integrating it into a final design.
The primary categories of evaluation electronics are 2-dimensional and 3-dimensional. 2-dimensional evaluation concentrates on planar circuits and layouts for electronic design and testing. It includes technologies such as analog evaluation electronics, digital evaluation electronics, mixed-signal evaluation electronics, radio frequency (RF) microwave evaluation electronics, and embedded systems evaluation. These tools are applied in research and development, production testing, quality control, repair and maintenance, calibration services, and education and training. Key end users include electronics manufacturers, the automotive sector, aerospace and defense, telecommunications, healthcare and medical devices, consumer electronics, industrial automation, and academic and research institutions.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the evaluation electronics market by increasing the cost of imported testing instruments and components, thereby affecting manufacturers and r&d centers relying on global supply chains. The analog and digital evaluation electronics segments are particularly impacted, with regions like north america and europe facing higher import costs. While tariffs create short-term cost pressures, they also encourage local manufacturing, promote the use of alternative components, and accelerate innovation in cost-effective evaluation solutions.
The evaluation electronics market research report is one of a series of new reports from The Business Research Company that provides evaluation electronics market statistics, including evaluation electronics industry global market size, regional shares, competitors with an evaluation electronics market share, detailed evaluation electronics market segments, market trends and opportunities, and any further data you may need to thrive in the evaluation electronics industry. This evaluation electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The evaluation electronics market size has grown strongly in recent years. It will grow from $2.02 billion in 2025 to $2.21 billion in 2026 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to growth in electronics manufacturing, rising adoption of embedded systems, expansion of r&d activities, increasing quality control requirements, demand for calibration services.
The evaluation electronics market size is expected to see strong growth in the next few years. It will grow to $3.09 billion in 2030 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to advancements in automation technologies, proliferation of iot devices, integration with AI and ml, adoption of digital twins for testing, increasing demand for portable evaluation electronics. Major trends in the forecast period include miniaturized evaluation electronics, high-precision testing instruments, automated testing solutions, cloud-based evaluation platforms, portable and modular evaluation kits.
The increasing adoption of industry 4.0 is expected to drive growth in the evaluation electronics market. Industry 4.0, the fourth industrial revolution, incorporates advanced digital technologies into manufacturing to enable smart, automated, and data-driven production environments. This shift raises the need for precise testing and validation of sensors, electronic components, and control systems, which are crucial for accurate data collection, automation, and intelligent decision-making. Evaluation electronics, including data acquisition systems, sensor testers, and signal analyzers, are essential for ensuring the reliability and performance of these components. For example, the 2022 Conexus Tech Adoption Report by Conexus Indiana, a US-based nonprofit focused on advanced manufacturing and logistics, indicated that Industry 4.0 implementations and pilot projects increased by 35 percent year-over-year, with one in three firms now viewing Industry 4.0 as a strategic investment for growth. This growing adoption is fueling the expansion of the evaluation electronics market.
Key players in the evaluation electronics market are developing innovative bench-top instrumentation to improve testing accuracy, measurement efficiency, and support advanced electronic product development. Bench-top instrumentation refers to laboratory-grade electronic equipment used on a workbench for precise testing, measurement, and evaluation of electrical and electronic systems. In August 2025, US-based electronics company Keysight Technologies Inc. launched Smart Bench Essentials Plus, an integrated solution designed to streamline electronic testing. It offers enhanced precision and reliability through advanced Truevolt technology and high-resolution ADCs, reducing measurement errors. The platform complies with stringent industry standards, ensuring product quality, while its user-friendly, color-coded interfaces and built-in automation simplify complex testing workflows and accelerate innovation cycles.
In January 2024, US-based industrial conglomerate Fortive Corporation acquired EA Elektro-Automatik Holding GmbH, a Germany-based technology company specializing in evaluation electronics, for an undisclosed amount. This acquisition strengthens Fortive's position in electronic test and measurement solutions, supporting the global energy transition and expanding its footprint in high-growth markets such as energy storage, mobility, hydrogen, and renewable energy.
Major companies operating in the evaluation electronics market are Keysight Technologies Inc., Viavi Solutions Inc., B&K Precision Corporation, Di-soric, Texas Instruments Incorporated, Analog Devices Inc., AMETEK Inc., Fortive Corporation, Yokogawa Electric Corporation, Advantest Corporation, Rohde & Schwarz GmbH & Co. KG, National Instruments Corporation, Anritsu Corporation, Chroma ATE Inc., EXFO Inc., Acculogic Inc., Rigol Technologies Inc., KEM Kuppers Elektromechanik GmbH, Roos Instruments Inc., Dr. Johannes Heidenhain GmbH, NH Research Inc., Saluki Technology Inc.
North America was the largest region in the evaluation electronics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the evaluation electronics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the evaluation electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The evaluation electronics market consists of sales of data acquisition (DAQ) systems, protocol analyzers, spectrum monitoring electronics, electronic load devices, and environmental test chambers. Values in this market are 'factory gate' values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The evaluation electronics market is segmented by product type, application, end-use industry, technology, electronics category, and services.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Evaluation Electronics Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses evaluation electronics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for evaluation electronics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The evaluation electronics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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