The global market for wireless test equipment estimated to reach $7.7 billion by 2026 from $5.8 billion in 2022, growing at a CAGR of 6.9 percent over the analysis period.
The wireless test equipment market in the US is estimated at $1.6 billion in 2022 and currently accounts for a 27.6 percent share in the global market.
China’s wireless test equipment is forecast to reach an estimated market size of $1.5 billion in 2026 trailing a CAGR of 9 percent through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5 percent and 6.3 percent respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2 percent CAGR while Rest of European market will reach $413.7 million by the end of the analysis period.
Leading vendors in the wireless test equipment include Anritsu, Keysight Technologies, Rohde & Schwarz, Spirent Communications, Teradyne, and Viavi Solutions.
