LUCINTEL FORECASTS THE GLOBAL VIDEO TEST INSTRUMENT MARKET TO REACH $ BILLION BY 2030

Lucintel Forecasts the Global Video Test Instrument Market to Reach $ billion by 2030

Lucintel Forecasts the Global Video Test Instrument Market to Reach $ billion by 2030

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According to a market report by Lucintel, the future of the global video test instrument market looks promising with opportunities in the troubleshooting, testing, and synchronization of television and video system markets. The global video test instrument market is expected to reach an estimated $5.2 billion by 2030 from $3.4 billion in 2024, at a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing internet protocol (IP) video traffic and expanding use of video surveillance systems for security and monitoring purposes in various industries.

A more than 150-page report to understand trends, opportunity and forecast in video test instrument market to 2030 by type (video signal generator, rasterizers, waveform monitors, and other), application (troubleshooting, testing, synchronization of television and video systems, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that video signal generator is expected to witness highest growth over the forecast period due to need of evaluation of the performance of video displays, devices, and systems.

Within this market, troubleshooting will remain the largest segment due to growing demand of smart device users accustomed to accessing digital content via computers or laptops has resulted in a higher demand for troubleshooting services related to technical issues.

Download sample by clicking on video test instrument market

APAC is expected to witness highest growth over the forecast period due to growing demand for high-quality video content and rapid growth of the electronics industry.

AVerMedia, B&K Precision, BTX, Extech, IEC Test Equipment, Jonard Industries, MUXLAB, Omnitek, Phabrix, Tektronix  are the major suppliers in the video test instrument 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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