Renting & Leasing Test and Measurement Equipment Market Research Report - Global Forecast till 2027

Global Renting & Leasing Test and Measurement Equipment Market Research Report: By Product (General Purpose Test Equipment, Wireless Test Equipment, Semiconductor Test Equipment, RF Test Chambers), By Component (Connectors, Cable Assemblies, Value Added Accessories), By Application (Aerospace & Defense, Healthcare & Medical Equipment, Telecommunication, Electronics & Semiconductor, Industrial & Manufacturing, Automotive, Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/SEM/8989-HCR | March, 2021 | Region : Global

Market Synopsis


The global renting & leasing test and measurement equipment market is estimated to reach USD 9.43 billionby 2026, registering a CAGR of 5.4% during the forecast period of 2020–2026.


The renting & leasing test and measurement equipment have wide applications in electronics, laboratories and research institutes, manufacturing analysis, and material analysis. The various devices that are used for testing include spectrum analyzers, oscilloscopes, signal generators, and network analyzers. The renting & leasing test and measurement equipment offer high-performance products to calibrate devices by the semiconductor equipment suppliers. This equipment is widely used for testing plug-in electric vehicles, smart meters, solar panels, wind turbines, sensors, and other products for various industrial applications. The various factors contributing to the high adoption of renting & leasing test and measurement equipment include rising complexities in the design of consumer electronic devices and the need for high-efficiency test equipment to increase the manufacturing throughput. Furthermore, the growing automotive industry and advancements in cellular infrastructure offer opportunities for the market players. The research study on the global renting & leasing test equipment market provides detailed information on market drivers and restraints, market size, competitive landscape, and growth opportunities. This research report segments the global test and measurement equipment market in terms of component, product, and application. Each of the markets has been further segmented by region/country.


In any product or system development phase, testing and measurement of critical components are considered a crucial part. Forthe last few decades, renting & leasing test and measurement space has seen a significant amount of consolidation. The demand for renting & leasing test and measurement equipment from various sectors is rising exponentially. For instance, in the automotive industry, this equipment is used to address trends related to connected cars and autonomous driving. Moreover, as the data centers have moved to higher transmission speeds and new standards, the demand for electronic test equipment, especially high-speed digital test equipment, has increased significantly. Furthermore, extensive ongoing research on 5G technologies is fueling the growth of renting & leasing test and measurement equipment market and is expected to continue growing at the same rate over the forecast period.


Industry News



  • In May 2019, National Instruments released the latest version of System Link Software to manage configuration activities and data for a fleet of distributed test and measurement systems. This software improves operational efficiency with a single interface to quickly set up and manage software, tests, and assets.

  • In March 2019, Keysight Technologies, Inc. partnered with Nordsys GmbH to develop test solutions for long-term evolution-vehicle (LTE-V), cellular vehicle-to-everything (C-V2X), and 5G.

  • In March 2019, VIAVI Solutions Inc. launched UC-584S, a top-mount antenna coupler, to provide isolation and shielding for consistent aircraft transponder testing in ramp and hangar environments without signal interference.

  • In February 2019, ROHDE&SCHWARZ collaborated with MediaTek to perform over-the-air (OTA) tests of the latter’s 5G frontend modules and antenna arrays. Under this collaboration, the R&S TS8980R&D-M1 test system, which includes the new R&S ATS1800C CATR (compact antenna test range) chamber, will be used to characterize, verify, and test the antenna performance of MediaTek’s 5G network solutions, including its Helio M70 5G modem.


Segmentation


The global renting & leasing test and measurement equipment market has been segmented based onproduct, component, application, and region.


By product, the global renting & leasing test and measurement equipment market has been segmented into general-purpose test equipment, wireless test equipment, semiconductor test equipment, and RF test chambers. The general-purpose test equipment is further segmented into oscilloscopes, signal generators, analyzers, meters, thermal imagers, bit error ration testers (BERT), and others. The wireless test equipment market is further segmented into logic analyzers, spectrum analyzers, network analyzers, and network simulators.


By component, the global renting & leasing test and measurement equipment market has been segmented into connectors, cable assemblies, and value-added accessories.


By application, the global renting & leasing test and measurement equipment market has been segmented into aerospace & defense, healthcare & medical equipment, telecommunication, electronics & semiconductor, industrial & manufacturing, automotive, and others.


By region, the renting & leasing test and measurement equipment market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.


Global Renting & Leasing Test and Measurement Equipment Market, 2018–2026 (USD Billion)
Renting & Leasing Test and Measurement Equipmet Market
Source: MRFR Analysis


Regional Analysis


The global renting & leasing test and measurement equipment market is estimated to grow at a significant rate during the forecast period from 2020 to 2026. The geographic analysis of renting & leasing test and measurement equipment market has been conducted for North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of Asia-Pacific), and the rest of the world (the Middle East and Africa and South America). Among these regions, North America has dominated the global market in 2019 and is expected to maintain its dominance throughout the forecast period. On the other hand, Asia-Pacific is expected to witness the fastest growth during the forecast period.


Key Players


MRFR recognizes the keyplayers in theglobal renting & leasing test and measurement equipment market. These include Transcat Inc, Keysight Technologies, Viavi, Tektronix, General Electric, Rhode & Schwarz, Anritsu Corporation, Exfo Inc, Megger, Bird, Yokogawa Electric, Vanguard, National Instruments, Siemens AG, and Fluke Networks. These players focus on innovation and,thus, invest in research & development to present a cost-effective product portfolio. There have been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.


Intended Audience



  • Investors and Consultants

  • Government Organizations

  • Research/Consultancy Firms

  • Manufacturers

  • Safety Providers

  • Industries

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Market Structure

3. Market Research Methodology

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat of New Entrants

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of Substitutes

4.1.4. Intensity of Rivalry

4.1.5. Bargaining Power of Suppliers

4.2. Value Chain/Supply Chain of the Global Renting & Leasing Test and Measurement Equipment Market

5. Market Overview of the Global Renting & Leasing Test and Measurement Equipment Market

5.1. Introduction

5.2. Growth Drivers

5.2.1. Growing adoption of consumer electronic devices

5.2.2. Technological advancement in telecommunication and networking

5.2.3. Driver Impact Analysis

5.3. Market Restraints

5.4. Market Opportunities

5.4.1. Commercialization of IoT

5.4.2. Growing adoption of 5G cellular technology

5.5. Covid-19 Impact Analysis

5.5.1. Impact on Semiconductor Manufacturers

5.5.2. Impact on Component Manufacturers

5.5.3. Impact on Device Manufacturers

5.5.4. Impact on Supply Chain Delays

6. Global Renting & Leasing Test and Measurement Equipment Market, by Product

6.1. Introduction

6.2. General Purpose Test Equipment

6.2.1. Market Estimates & Forecast, 2020–2027

6.2.2. Market Estimates & Forecast, by Region, 2020–2027

6.2.3. Oscilloscope

6.2.4. Signal Generator

6.2.5. Analyzers

6.2.6. Meters

6.2.7. Thermal Imagers

6.2.8. Bit Error Ratio Testers (BERT)

6.2.9. Others

6.3. Wireless Test Equipment

6.3.1. Market Estimates & Forecast, 2020–2027

6.3.2. Market Estimates & Forecast, by Region, 2020–2027

6.3.3. Logic Analyzer

6.3.4. Spectrum Analyzer

6.3.5. Network Analyzer

6.3.6. Network Simulators

6.4. Semiconductor Test Equipment

6.4.1. Market Estimates & Forecast, 2020–2027

6.4.2. Market Estimates & Forecast, by Region, 2020–2027

6.5. RF Test Chambers

6.5.1. Market Estimates & Forecast, 2020–2027

6.5.2. Market Estimates & Forecast, by Region, 2020–2027

7. Global Renting & Leasing Test and Measurement Equipment Market, by Component

7.1. Connectors

7.1.1. Market Estimates & Forecast, 2020–2027

7.1.2. Market Estimates & Forecast, by Region, 2020–2027

7.2. Cable Assemblies

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3. Value Added Accessories

7.3.1. Market Estimates & Forecast, 2020–2027

7.3.2. Market Estimates & Forecast, by Region, 2020–2027

8. Global Renting & Leasing Test and Measurement Equipment Market, by Application

8.1. Introduction

8.2. Aerospace & Defense

8.2.1. Market Estimates & Forecast, 2020–2027

8.2.2. Market Estimates & Forecast, by Region, 2020–2027

8.3. Healthcare & Medical Equipment

8.3.1. Market Estimates & Forecast, 2020–2027

8.3.2. Market Estimates & Forecast, by Region, 2020–2027

8.4. Telecommunication

8.4.1. Market Estimates & Forecast, 2020–2027

8.4.2. Market Estimates & Forecast, by Region, 2020–2027

8.5. Electronics and Semiconductor

8.5.1. Market Estimates & Forecast, 2020–2027

8.5.2. Market Estimates & Forecast, by Region, 2020–2027

8.6. Industrial & Manufacturing

8.6.1. Market Estimates & Forecast, 2020–2027

8.6.2. Market Estimates & Forecast, by Region, 2020–2027

8.7. Automotive

8.7.1. Market Estimates & Forecast, 2020–2027

8.7.2. Market Estimates & Forecast, by Region, 2020–2027

8.8. Others

8.8.1. Market Estimates & Forecast, 2020–2027

8.8.2. Market Estimates & Forecast, by Region, 2020–2027

9. Global Renting & Leasing Test and Measurement Equipment Market, by Region

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, by Country, 2020–2027

9.2.2. Market Estimates & Forecast, by Product, 2020–2027

9.2.3. Market Estimates & Forecast, by Component, 2020–2027

9.2.4. Market Estimates & Forecast, by Application, 2020–2027

9.2.5. US

9.2.5.1. Market Estimates & Forecast, by Product, 2020–2027

9.2.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.2.5.3. Market Estimates & Forecast, by Application, 2020–2027

9.2.6. Canada

9.2.6.1. Market Estimates & Forecast, by Product, 2020–2027

9.2.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.2.6.3. Market Estimates & Forecast, by Application, 2020–2027

9.2.7. Mexico

9.2.7.1. Market Estimates & Forecast, by Product, 2020–2027

9.2.7.2. Market Estimates & Forecast, by Component, 2020–2027

9.2.7.3. Market Estimates & Forecast, by Application, 2020–2027

9.3. Europe

9.3.1. Market Estimates & Forecast, by Country, 2020–2027

9.3.2. Market Estimates & Forecast, by Product, 2020–2027

9.3.3. Market Estimates & Forecast, by Component, 2020–2027

9.3.4. Market Estimates & Forecast, by Application, 2020–2027

9.3.5. UK

9.3.5.1. Market Estimates & Forecast, by Product, 2020–2027

9.3.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.5.3. Market Estimates & Forecast, by Application, 2020–2027

9.3.6. Germany

9.3.6.1. Market Estimates & Forecast, by Product, 2020–2027

9.3.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.6.3. Market Estimates & Forecast, by Application, 2020–2027

9.3.7. France

9.3.7.1. Market Estimates & Forecast, by Product, 2020–2027

9.3.7.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.7.3. Market Estimates & Forecast, by Application, 2020–2027

9.3.8. Italy

9.3.8.1. Market Estimates & Forecast, by Product, 2020–2027

9.3.8.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.8.3. Market Estimates & Forecast, by Application, 2020–2027

9.3.9. Rest of Europe

9.3.9.1. Market Estimates & Forecast, by Product, 2020–2027

9.3.9.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.9.3. Market Estimates & Forecast, by Application, 2020–2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, by Country, 2020–2027

9.4.2. Market Estimates & Forecast, by Product, 2020–2027

9.4.3. Market Estimates & Forecast, by Component, 2020–2027

9.4.4. Market Estimates & Forecast, by Application, 2020–2027

9.4.5. China

9.4.5.1. Market Estimates & Forecast, by Product, 2020–2027

9.4.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.5.3. Market Estimates & Forecast, by Application, 2020–2027

9.4.6. Japan

9.4.6.1. Market Estimates & Forecast, by Product, 2020–2027

9.4.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.6.3. Market Estimates & Forecast, by Application, 2020–2027

9.4.7. India

9.4.7.1. Market Estimates & Forecast, by Product, 2020–2027

9.4.7.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.7.3. Market Estimates & Forecast, by Application, 2020–2027

9.4.8. Rest of Asia-Pacific

9.4.8.1. Market Estimates & Forecast, by Product, 2020–2027

9.4.8.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.8.3. Market Estimates & Forecast, by Application, 2020–2027

9.5. Rest of the World

9.5.1. Market Estimates & Forecast, by Country, 2020–2027

9.5.2. Market Estimates & Forecast, by Product, 2020–2027

9.5.3. Market Estimates & Forecast, by Component, 2020–2027

9.5.4. Market Estimates & Forecast, by Application, 2020–2027

9.5.5. The Middle East & Africa

9.5.5.1. Market Estimates & Forecast, by Product, 2020–2027

9.5.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.5.5.3. Market Estimates & Forecast, by Application, 2020–2027

9.5.6. South America

9.5.6.1. Market Estimates & Forecast, by Product, 2020–2027

9.5.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.5.6.3. Market Estimates & Forecast, by Application, 2020–2027

10. Competitive Landscape

10.1. Competitive Overview

10.2. Dashboard

10.3. Key Developments & Growth Strategies

10.4. Market Share Analysis

11. Company Profiles

11.1. Transcat Inc

11.1.1. Company Overview

11.1.2. Product/Business Segment Overview

11.1.3. Financial Updates

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. Keysight Technologies

11.2.1. Company Overview

11.2.2. Product/Business Segment Overview

11.2.3. Financial Updates

11.2.4. Key Developments

11.2.5. SWOT Analysis

11.2.6. Key Strategies

11.3. Viavi

11.3.1. Company Overview

11.3.2. Product/Business Segment Overview

11.3.3. Financial Updates

11.3.4. Key Developments

11.3.5. SWOT Analysis

11.3.6. Key Strategies

11.4. Tektronix

11.4.1. Company Overview

11.4.2. Product/Business Segment Overview

11.4.3. Financial Updates

11.4.4. Key Developments

11.4.5. SWOT Analysis

11.4.6. Key Strategies

11.5. General Electric

11.5.1. Company Overview

11.5.2. Product/Business Segment Overview

11.5.3. Financial Updates

11.5.4. Key Developments

11.5.5. SWOT Analysis

11.5.6. Key Strategies

11.6. Rhode & Schwarz

11.6.1. Company Overview

11.6.2. Product/Business Segment Overview

11.6.3. Financial Updates

11.6.4. Key Developments

11.6.5. SWOT Analysis

11.6.6. Key Strategies

11.7. Anritsu

11.7.1. Company Overview

11.7.2. Product/Business Segment Overview

11.7.3. Financial Updates

11.7.4. Key Developments

11.7.5. SWOT Analysis

11.7.6. Key Strategies

11.8. Exfo Inc

11.8.1. Company Overview

11.8.2. Product/Business Segment Overview

11.8.3. Financial Updates

11.8.4. Key Developments

11.8.5. SWOT Analysis

11.8.6. Key Strategies

11.9. Megger

11.9.1. Company Overview

11.9.2. Product/Business Segment Overview

11.9.3. Financial Updates

11.9.4. Key Developments

11.9.5. SWOT Analysis

11.9.6. Key Strategies

11.10. Bird

11.10.1. Company Overview

11.10.2. Product/Business Segment Overview

11.10.3. Financial Updates

11.10.4. Key Developments

11.10.5. SWOT Analysis

11.10.6. Key Strategies

11.11. Yokogawa

11.11.1. Company Overview

11.11.2. Product/Business Segment Overview

11.11.3. Financial Updates

11.11.4. Key Developments

11.11.5. SWOT Analysis

11.11.6. Key Strategies

11.12. Vanguard

11.12.1. Company Overview

11.12.2. Product/Business Segment Overview

11.12.3. Financial Updates

11.12.4. Key Developments

11.12.5. SWOT Analysis

11.12.6. Key Strategies

11.13. National Instruments

11.13.1. Company Overview

11.13.2. Product/Business Segment Overview

11.13.3. Financial Updates

11.13.4. Key Developments

11.13.5. SWOT Analysis

11.13.6. Key Strategies

11.14. Siemens AG

11.14.1. Company Overview

11.14.2. Product/Business Segment Overview

11.14.3. Financial Updates

11.14.4. Key Developments

11.14.5. SWOT Analysis

11.14.6. Key Strategies

11.15. Fluke Networks

11.15.1. Company Overview

11.15.2. Product/Business Segment Overview

11.15.3. Financial Updates

11.15.4. Key Developments

11.15.5. SWOT Analysis

11.15.6. Key Strategies

12. Conclusion


LIST OF TABLES

Table1 Global Renting & Leasing Test and Measurement Equipment Market, by Country, 2020-2027

Table2 North America: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table3 Europe: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table4 Asia-Pacific: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table5 South America: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table6 North America: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table7 North America: Renting & Leasing Test and Measurement Equipment Market, by Component, 2020–2027

Table8 North America: Renting & Leasing Test and Measurement Equipment Market, by Product, 2020–2027

Table9 North America: Renting & Leasing Test and Measurement Equipment Market, by Application, 2020–2027

Table10 North America: Renting & Leasing Test and Measurement Equipment Market, by End User, 2020–2027

Table11 Europe: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table12 Europe: Renting & Leasing Test and Measurement Equipment Market, by Component, 2020–2027

Table13 Europe: Renting & Leasing Test and Measurement Equipment Market, by Product, 2020–2027

Table14 Europe: Renting & Leasing Test and Measurement Equipment Market, by Application, 2020–2027

Table15 Europe: Renting & Leasing Test and Measurement Equipment Market, by End User, 2020–2027

Table16 Asia-Pacific: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table17 Asia-Pacific Renting & Leasing Test and Measurement Equipment Market, by Component, 2020–2027

Table18 Asia-Pacific: Renting & Leasing Test and Measurement Equipment Market, by Application, 2020–2027

Table19 Asia-Pacific: Renting & Leasing Test and Measurement Equipment Market, by Product, 2020–2027

Table20 Asia-Pacific: Renting & Leasing Test and Measurement Equipment Market, by End User, 2020–2027

Table21 Middle East & Africa: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table22 Middle East & Africa: Renting & Leasing Test and Measurement Equipment Market, by Component, 2020–2027

Table23 Middle East & Africa: Renting & Leasing Test and Measurement Equipment Market, by Product, 2020–2027

Table24 Middle East & Africa: Renting & Leasing Test and Measurement Equipment Market, by Application, 2020–2027

Table25 Middle East & Africa: Renting & Leasing Test and Measurement Equipment Market, by End User, 2020–2027

Table26 South America: Renting & Leasing Test and Measurement Equipment Market, by Country, 2020–2027

Table27 South America: Renting & Leasing Test and Measurement Equipment Market, by Component, 2020–2027

Table28 South America: Renting & Leasing Test and Measurement Equipment Market, by Product, 2020–2027

Table29 South America: Renting & Leasing Test and Measurement Equipment Market, by Application, 2020–2027

Table30 South America: Renting & Leasing Test and Measurement Equipment Market, by End User, 2020–2027


LIST OF FIGURES

Figure 1 Global Renting & Leasing Test and Measurement Equipment Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of the Global Renting & Leasing Test and Measurement Equipment Market

Figure 4 Value Chain of the Global Renting & Leasing Test and Measurement Equipment Market

Figure 5 Share of the Global Renting & Leasing Test and Measurement Equipment Market in 2020, by country (in %)

Figure 6 Global Renting & Leasing Test and Measurement Equipment Market, 2020–2027

Figure 7 Share of the Global Renting & Leasing Test and Measurement Equipment Market by Industry, 2020–2027

Figure 8 Global Renting & Leasing Test and Measurement Equipment Market Size, by Component, 2020

Figure 9 Share of the Global Renting & Leasing Test and Measurement Equipment Market, by Component, 2020–2027

Figure 10 Global Renting & Leasing Test and Measurement Equipment Market Size, by Product, 2020

Figure 11 Share of the Global Renting & Leasing Test and Measurement Equipment Market, by Product, 2020–2027

Figure 12 Global Renting & Leasing Test and Measurement Equipment Market Size, by Application, 2020

Figure 13 Share of the Global Renting & Leasing Test and Measurement Equipment Market, by Application, 2020–2027

Figure 14 Global Renting & Leasing Test and Measurement Equipment Market Size, by End User, 2020

Figure 15 Share of the Global Renting & Leasing Test and Measurement Equipment Market, by End User, 2020–2027