According to a market report by Lucintel, the future of the global custom test equipment market looks promising with opportunities in the aerospace & defense, automotive, electronics & semiconductor, and medical device manufacturing markets. The global custom test equipment market is expected to grow with a CAGR of 3.8% from 2025 to 2031. The major drivers for this market are rising demand for advanced testing solution, the growing need for industry-specific customization, and the increasing investments in research and development.
A more than 150-page report to understand trends, opportunity and forecast in custom test equipment market to 2031 by type (portable test equipment, desktop test equipment, and large-scale test system), application (aerospace & defense, automotive, electronics & semiconductor, medical device manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, multi-channel is expected to witness higher growth over the forecast period due to its greater flexibility and efficiency.
Within the application category, industrial monitoring is expected to witness the highest growth.
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In terms of region, North America is expected to witness the highest growth over the forecast period due to growing agricultural modernization.
Innkeeper, TEKTRONIX, Norman Tool, Viewpoint Systems, Sterling Performance, Custom Manufacturing & Engineering, JM Test Systems, Andrews Cooper, Encore Electronics, Greening are the major suppliers in the custom test equipment market.
This unique 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 write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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