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The Global General Purpose Test Equipment (GPTE) Market is expected to grow by $ 1.42 bn during 2021-2025 progressing at a CAGR of 4% during the forecast period

Globe NewsWire - Mon Mar 22, 2021

New York, March 22, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global General Purpose Test Equipment (GPTE) Market 2021-2025" - https://www.reportlinker.com/p04886883/?utm_source=GNW
Our reports on general purpose test equipment (GPTE) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand from end-user industries, continuous technological developments in communication industry, and increase in number of smart connected devices. In addition, growing demand from end-user industries is anticipated to boost the growth of the market as well.
The general purpose test equipment (GPTE) market analysis includes product segment, end-user segment and geographical landscapes.

The general purpose test equipment (GPTE) market is segmented as below:
By Product
• Oscilloscope
• Spectrum analyzer
• Signal generator
• Network analyzer
• Other products

By End-user
• Communication
• Industrial
• Aerospace and defense
• Electronics and semiconductor
• Others

By Geographical Landscapes
• APAC
• North America
• Europe
• South America
• MEA

This study identifies the growing adoption of modular GPTE as one of the prime reasons driving the general purpose test equipment (GPTE) market growth during the next few years. Also, increasing adoption of autonomous and electric vehicles, and advent of integrated industry 4.0 and quality 4.0 with iot will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on general purpose test equipment (GPTE) market covers the following areas:
• General purpose test equipment (GPTE) market sizing
• General purpose test equipment (GPTE) market forecast
• General purpose test equipment (GPTE) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading general purpose test equipment (GPTE) market vendors that include Advantest Corp., Danaher Corp., Keysight Technologies Inc., Lauterbach GmbH, National Instruments Corp., Rohde & Schwarz GmbH & Co. KG, Teledyne Technologies Inc., Texas Instruments Inc., Thermo Fisher Scientific Inc., and Yokogawa Electric Corp.. Also, the general purpose test equipment (GPTE) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Read the full report: https://www.reportlinker.com/p04886883/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Provided Content: Content provided by Globe NewsWire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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