According to a new market report published by Lucintel, the future of the global ethernet test equipment market looks attractive with opportunities in the telecommunication, automotive, and manufacturing industries. The global ethernet test equipment market is expected to decline in 2020 due to global economic recession led by COVID -19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.9 billion by 2025 with a CAGR of 6% – 8% from 2020 to 2025. The major drivers for this market are emergence of 5G technology, increasing need of higher bandwidth, and development of data center.
In this market, ethernet test equipment is used to verify signal and link integrity of networks at all speeds, such as 1GbE, 10 GbE, and 40GbE and above. Lucintel forecast that 40 GbE and above ethernet test equipment type is expected to witness the highest growth during the forecast period due to its high data speeds, cost-effective technology, and low-latency requirements.
Within ethernet test equipment market, telecommunication will remain the largest end use industry and it is expected to witness the highest growth over the forecast period due to growth of 5G network along with higher bandwidth requirement.
North America will remain the largest region due to increasing demand of bandwidth in telecommunication and automotive industries. APAC is expected to witness the highest growth over the forecast period supported by growth in the 5G technology.
Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of power over ethernet tester and development of CANoe ethernet. Spirent Communications, Keysight Technologies, Anritsu, Ideal Networks, and Viavi Solutions are among the major ethernet test equipment providers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global ethernet test equipment market by speed type, function, end use industry, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Ethernet Test Equipment Market 2020-2025: Trends, Forecast, and Opportunity Analysis”. The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global ethernet test equipment market by speed type, function, and end use industry, and the region as follows:
Equipment by Speed Type [$M shipment analysis from 2014 to 2025]:
• 1 GbE
• 10 GbE
• 40 GbE and Others
Equipment by Function Type [$M shipment analysis from 2014 to 2025]:
• Speed Tester
• Wire Mapping
• Continuity Tester
• Permanent Link Tester
• Network Channel Tester
By End Use Industry [$M shipment analysis from 2014 to 2025]:
By Region [$M shipment analysis for 2014 – 2025]:
• North America
• Asia Pacific
• The Rest of the World
This 149-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or firstname.lastname@example.org. Lucintel offerings include Telecommunication Report, Telecommunication Market Report, Market Research Report, Capital Investment Feasibility and SWOT Analysis.
This report answers the following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global ethernet test equipment by speed type (1 GbE, 10 GbE, and above 40 GbE and others), by function (speed tester, wire mapping, continuity testers, permanent link tester, and network channel tester), by end use industry (automotive, telecommunication, manufacturing, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?