Global Renting and Leasing Test and Measurement Equipment Market Size study, by Product Type (General-Purpose Test Equipment, Wireless Test Equipment, Semiconductor Test Equipment, RF Test Chambers) by Component (Connectors, Cable Assemblies, Value-Added

Global Renting and Leasing Test and Measurement Equipment Market Size study, by Product Type (General-Purpose Test Equipment, Wireless Test Equipment, Semiconductor Test Equipment, RF Test Chambers) by Component (Connectors, Cable Assemblies, Value-Added Accessories) by Application (Aerospace and Defense, Healthcare and Medical Equipment, Telecommunication, Electronics and Semiconductor, Industrial and Manufacturing, Automotive, Others) and Regional Forecasts 2022-2028

Global Renting and Leasing Test and Measurement Equipment Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The semiconductor equipment vendors normally provide high-performance goods for the calibration of devices when renting and leasing test and measurement equipment. The increasing and high adoption of 5G cellular technology has led the adoption of Renting and Leasing Test and Measurement Equipment across the forecast period. According to Omdia data, between Q3 2019 and Q3 2020, the world added 225 million 5G customers, a milestone that took 4G LTE four years to achieve. There were 229 million 5G subscriptions worldwide as of December 2020, up 66 percent from the previous quarter, and this number is predicted to rise to 236 million by the end of 2020. Also, the rapid technological advancements in networking and communication, as well as the increasing penetration of modular instrumentation, the adoption & demand for Renting and Leasing Test and Measurement Equipment is likely to increase the market growth during the forecast period. However, the lack of standards and norms, as well as the price sensitivity of test and measurement equipment impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Renting and Leasing Test and Measurement Equipment Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the high demand for high-performance and power-efficient electronic devices. Whereas, Asia-Pacific is also anticipated to exhibit CAGR over the forecast period 2022-2028. Factors such as rising disposable income, strong governmental initiatives and constant projects would create lucrative growth prospects for the Renting and Leasing Test and Measurement Equipment Market across Asia-Pacific region.

Major market player included in this report are:
Transcat, Inc.
Keysight Technologies
VIAVI Solutions Inc.
TEKTRONIX, INC.
McGrath RentCorp, Inc.
Rhode & Schwarz
Anritsu
EXFO Inc.
Megger
Bird

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
General-Purpose Test Equipment
Wireless Test Equipment
Semiconductor Test Equipment
RF Test Chambers
By Component:
Connectors
Cable Assemblies
Value-Added Accessories
By Application:
Aerospace and Defense
Healthcare and Medical Equipment
Telecommunication
Electronics and Semiconductor
Industrial and Manufacturing
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Renting and Leasing Test and Measurement Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Transcat, Inc.
Keysight Technologies
VIAVI Solutions Inc.
TEKTRONIX, INC.
McGrath RentCorp, Inc.
Rhode & Schwarz
Anritsu
EXFO Inc.
Megger
Bird

Please note: The single user license is non-downloadable and non-printable. Global Site license allows these actions.