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Wireless Testing Market Skyrockets to $33.40 Billion by 2031 Dominated by Tech Giants – Anritsu Corporation, Bureau Veritas and Dekra Certification B.V | The Insight Partners

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The global wireless testing market is set for explosive growth, with projections indicating a surge to $33.40 Billion by 2031. This remarkable expansion, driven by rising adoption of Wi-Fi 6 and Wi-Fi 6E, government initiatives in wireless testing and growing adoption of wireless technologies in various industries.

NEW YORK, Nov. 29, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the global wireless testing market is observing significant growth owing to the increasing focus on the deployment of 5G networks. As IoT devices and networks propel, robust wireless testing becomes essential to ensure their reliability, interoperability, and security, ultimately driving the demand for wireless testing.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/wireless-testing-market

The wireless testing market comprises a vast array of equipment and services that are expected to register strength during the coming years. The report runs an in-depth analysis of market trends, key players, and future opportunities.

Market Overview and Growth Trajectory:

Wireless Testing Market Growth: According to an exhaustive report by The Insight Partners, the Wireless Testing Market is experiencing significant growth, driven by increasing demand for high-speed data transmission and growing adoption of IoT devices. The market, valued at $16.28 Billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.4% during 2023–2031.

For More Information and To Stay Updated on The Latest Developments in The Wireless Testing Market, Download The Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00008068/

The global wireless testing market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth can be accredited to numerous factors. One of the prime factors is the increasing focus on the deployment of 5G networks. 5G networks are designed to connect billions of IoT devices with higher density and efficiency than previous generations. As IoT devices operate in diverse environments, they are required to be thoroughly tested for different frequencies, data rates, and battery performance. Additionally, 5G networks must be resilient against cyberattacks, especially with the growing number of connected devices and mission-critical applications. Wireless testing ensures that a vast array of IoT sensors, traffic management systems, environmental monitoring devices, and other connected infrastructure communicate seamlessly with low power consumption and minimal interference. Security testing validates encryption, authentication protocols, and the overall security architecture of 5G networks. Thus, the demand for wireless testing is gaining immense traction owing to the increase in 5G deployment, which is likely to have a significant impact on the wireless testing market forecast in the upcoming years.

Growing Number of Connected Devices: The complex nature of consumer electronics indicates the need to test these products for conformity, safety, and performance. EXFO, Intertek Group Plc, ThinkPalm, and SGS SA are a few of the companies offering testing products and services in North America. Healthcare infrastructure in North American countries is growing with the expanding presence of hospitals and laboratories. Moreover, a rising focus on the advancement of healthcare facilities with the integration of modern technologies and the Internet of Things (IoT) is expected to boost the need for wireless testing in this sector. UL, a leading global safety science company, increased the size of its facility in Fremont, California, in 2018 to meet the rising demand for testing and certification services from a variety of industry sectors. This multi-million-dollar expansion included the addition of a cutting-edge 39,000-square-foot building and one of the largest laboratories for electromagnetic compatibility (EMC) and wireless testing.

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Fast-Paced Adoption of 5G Technology: The fast-paced adoption of 5G technology elevates the requirement for testing to ensure device compatibility and performance. With the establishment of the highly automated Ericsson USA 5G Smart Factory, the US is supporting the development of the next generation of 5G infrastructure. This will allow Ericsson to ship existing and new radios and basebands from the factory to its key customers in the US, including open RAN-ready products. Idaho, in September 2022, opened the first open-air 5G wireless test range dedicated to security testing, training, and technology development in the US.

The government of Canada recognizes the value of integrating cutting-edge wireless technology into the industrial sector. François-Philippe Champagne (Minister of Innovation, Science, and Industry) announced the plan to invest US$ 14 million in Redline Communications, which will help industries such as mining, utilities, and oil & gas increase the safety and productivity of their operations. Through this investment, Redline can design Industrial 5G, a 5G wireless. This investment will support the US$ 39.5 million project. Redline’s equipment, for instance, will enable customers to monitor and operate AI-enabled machinery remotely, providing real-time communication and information sharing to increase worker safety and productivity. For more than 20 years, Redline has been a pioneer in network wireless communications and is the largest wireless technology company owned by Canadians. With this donation, 111 well-paying jobs will be created and maintained, along with ~13 co-ops.

Geographical Insights: In 2023, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. Asia Pacific is expected to register the highest CAGR during the forecast period.

Purchase Premium Copy of Global Wireless Testing Market Size and Growth Report (2023-2031) at: https://www.theinsightpartners.com/buy/TIPRE00008068/

Wireless Testing Market Segmentation, Applications, Geographical Insights:

Based on offering, the market is divided into equipment and services. The equipment segment is further divided into wireless device testing and wireless network testing. The equipment segment held a larger share of the wireless testing market in 2023.Based on technology, the market is bifurcated into pressure-independent Bluetooth, Wi-Fi, GPS, 2G/3G, 4G/LTE, and 5G. The Bluetooth segment held the largest wireless testing market share in 2023.Based on application, the market is divided into consumer electronics, automotive, IT and telecommunication, energy and power, medical devices, aerospace and defense, industrial, and others. The IT and telecommunication segment held the largest wireless testing market share in 2023.The wireless testing market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00008068/

Key Players and Competitive Landscape:

The Wireless Testing Market is characterized by the presence of several major players, including:

Anritsu CorporationBureau VeritasDekra Certification B.VEXFOIntertek Group PlcThinkPalmRohde and Schwarz GmbH and CoSGS SATUV RheinlandViavi Solutions Inc

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Wireless Testing Market Recent Developments and Innovations:

“Spirent Announces 5G Fixed Wireless Access (FWA) Testing Services.””VIAVI Launched NITRO Wireless, Delivering Cloud Intelligence and Automation to Accelerate 5G and 6G.”).””Keysight Introduced Wireless Test Platform for Wi-Fi 7.”

Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: https://www.theinsightpartners.com/inquiry/TIPRE00008068/

Conclusion:

The market is shifting toward automation, and advanced technologies such as artificial intelligence and machine learning are gripping the market. Automation testing tools help simplify the process, narrow the scope of human error, and provide more profound insights into the actual performance of the device in time-sensitive environments. As wireless devices are used on a daily basis, they are highly prone to the risks of security violations. As a result, many companies and organizations conduct intensive security testing on their networks. Thus, they would lead the approach toward security that would further alter the landscape of the wireless testing market. Increased usage of connected devices and the necessity to ensure regulatory compliance and cybersecurity propel the wireless testing market growth. Thus, the growing adoption of 5G networks and smart wireless devices drives the global wireless testing market growth.

With projected growth to $33.40 Billion by 2031, the Wireless Testing Market represents a significant opportunity for component providers, system technology integrators, system manufacturers, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Related Report Titles:

5G Network and Tower Deployment Market Outlook, Segments, Geography, Dynamics, Recent Developments, and Strategic Insights by 2031Network Testing Equipment Market Size and Forecasts (2021 – 2031)LTE Testing Equipment Market Size and Forecasts (2021 – 2031)Cloud Testing Market Analysis, Size, Share, Growth, Trends, and Forecast by 2031

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/wireless-testing-market

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Strategic LiDAR Customer Initiates Production Orders with Sivers Semiconductors

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October 20, 2026

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Shipments will begin in Q4 2026 against rolling production orders as the automotive and industrial sensing programs move into production phase in 2027

KISTA, Sweden, Oct. 20, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced that its strategic LiDAR customer has initiated production orders for its automotive and industrial sensing customers.

Sivers will supply the continuous-wave distributed feedback (CW DFB) lasers and optical amplifiers powering the customer’s LiDAR platforms, positioning the company to support growing demand as production scales.

“We are pleased to see this strategic program advance from design-win to production, with our customer placing first production orders,” said Alex McCann, Managing Director of Sivers Semiconductors’ photonics business. “This key milestone reflects confidence in our technology, our production facility and its reliability to meet the customer’s requirements for volume production. As the program scales, we expect rolling production orders placed to lead times, in line with our customer’s multi-year production forecasts.”

As announced in March 2026, the program represents a significant long-term opportunity, with estimated cumulative revenue potential of USD 53 million to USD 138 million over the customer’s product lifecycle. The opportunity comes amid strong growth in automotive LiDAR, with Yole Group projecting the global market to expand from USD 861 million in 2024 to USD 3.8 billion by 2030, representing a compound annual growth rate of 28 percent. Beyond automotive applications, LiDAR is gaining traction in industrial markets, including robotics and autonomous machinery.

For more information, please visit https://www.sivers-semiconductors.com/. 

About Sivers Semiconductors

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high-precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense, and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

Forward-looking statements

This press release contains forward-looking statements, including statements regarding expected orders, the timing and scale of the customer’s production ramp, deliveries, market development and revenue potential. Such statements are based on current expectations and are subject to risks and uncertainties, including the customer’s production plans, end-market demand and Sivers’ manufacturing capacity, which could cause actual results to differ materially. Sivers undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Media Contact
Tyler Weiland 
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Heine Thorsgaard
CFO 
ir@sivers-semiconductors.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sivers-semiconductors/r/strategic-lidar-customer-initiates-production-orders-with-sivers-semiconductors,c4411825

 

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SOURCE Sivers Semiconductors

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Segway Powersports Returns to EICMA for Fifth Year with Model Year 2027 Lineup and New Off-Road Innovations

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October 20, 2026

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MILAN, Oct. 20, 2026 /PRNewswire/ — Segway Powersports is heading back to EICMA for fifth appearance, with new off-road innovations that reflect its “Fear No Place” philosophy. On November 3, the brand will unveil its Model Year 2027 (MY2027) lineup at a product launch in Milan. From upgraded ATVs to the debut of its new flagship two-row UTV and next-generation of iFUN system connected technology, the preview promises exciting developments in design, performance and the riding experience.

Segway Powersports will occupy approximately 880 square meters at EICMA 2026, setting the stage for its upcoming product launch:

Location: Hall 14, Booth I06Launch Date & Time: November 3 at 3:30 p.m. (Milan local time)

For Segway Powersports, off-road riding has always been about more than reaching a destination. It’s about taking on unfamiliar terrain with confidence and discovering new possibilities along the way. As Segway’s professional-grade, high-performance powersports line for global markets, the brand is built around the qualities riders depend on when conditions get tough: strong performance, reliable durability and confident handling.

Expertise, the pursuit of excellence and a spirit of exploration are at the heart of Segway Powersports. Together, these values shape the brand’s “Fear No Place” philosophy and its drive to push riding capabilities further. EICMA offers another opportunity to bring that philosophy into sharper focus and strengthen the brand’s identity in the global powersports market.

Beyond performance, Segway Powersports is forging a distinct visual identity anchored by Rider Red——its signature color-paired with the dedicated Segway Powersports logo. Consistently applied across vehicle designs and brand materials, the color creates a bold, instantly recognizable brand presence.

At this year’s EICMA, the MY2027 lineup will take center stage. Fresh designs, stronger performance and a more engaging riding experience are the key upgrades to look forward to.  Meanwhile, the new flagship two-row UTV will make its Milan debut with an all-weather cabin comfort concept.

Smart connectivity will be another highlight. The next-generation connect system iFUN will make interactions between riders and their vehicles smarter and more intuitive.

With the upcoming launch, Segway Powersports aims to offer a more complete off-road lineup for a wider range of terrains and riding needs. From trail adventures and outings with companions to practical tasks, the expanded range gives riders more ways to make the most of every journey.

The Segway Powersports booth will also feature a special highlight: a race-prepared vehicle that claimed second place in the SSV class at the 2026 European Bajas Championship. Visitors can get a closer look at the race vehicle and a taste of competitive off-road racing.

Media, dealers, partners and consumers are invited to follow the Segway Powersports product launch on November 3 at 3:30 p.m. (Milan local time) in Hall 14, Booth I06 and discover what’s next for Segway Powersports.

About Segway Powersports

Segway Powersports is Segway’s professional-grade, high-performance powersports line for global markets. Guided by expertise, the pursuit of excellence and a spirit of exploration, the brand develops off-road vehicles that combine powerful performance, strong torque, reliable durability and responsive handling. Built for diverse and demanding terrain, its vehicles give riders the confidence to take on new challenges, reflecting the brand’s “Fear No Place” philosophy.

Contact: media@powersports.segway.com 

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ShaMaran Announces Investment in Iraq and Contemplated Bond Issuance

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October 20, 2026

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HAMILTON, Bermuda, Oct. 20, 2026 /PRNewswire/ — ShaMaran Petroleum Ltd. (“ShaMaran” or the “Company”) (Euronext Growth Oslo: SNM) (Nasdaq First North Stockholm: SNM) announces the expansion of the Company’s strategic collaboration with HKN Energy (“HKN”) into Federal Iraq. Building on their joint ventures across the Atrush and Sarsang oil fields in the Kurdistan Region of Iraq, HKN and ShaMaran are extending their cooperation into Federal Iraq through the Hamrin oil development and production contract (“DPC”). PDF Version 

As part of this expansion, ShaMaran will have a 25% shareholding in HKN Hamrin Ltd. (the “Hamrin JV”), the joint venture company holding 100% of the Hamrin DPC. HKN, as the operator of the field, will leverage its operational expertise and established relationship with ShaMaran to advance a major long-term development program.

The Hamrin field is a large discovered and producing oil field previously operated by North Oil Company, an Iraqi state-owned oil company. HKN and ShaMaran will further develop the field with the aim of increasing production above the current 20 Mbopd to maximize recovery over the 25-year term of the DPC. The operator’s and management’s current estimate of remaining gross reserves and resources is in the range of 500 million to one billion barrels. The initial phase of development will target lifting field production to approximately 60 Mbopd by 2028. Further phases of development could target more than doubling those initial production levels, with currently estimated capex for later phases in the range of $2-3 per incremental barrel.

Garrett Soden, Chief Executive Officer of ShaMaran, commented, “The Hamrin investment is a natural extension of our cooperation with HKN, the operator of our two existing assets in the Kurdistan Region of Iraq. The Hamrin field in Federal Iraq is complementary to our existing Kurdistan production and reserves profile, and we expect material synergies from having the same team operate all three assets. Together with HKN, we are committed to increasing Hamrin production to create significant value for Iraq and our shareholders.”

The Hamrin JV farm-in consideration comprises a $35 million carry by ShaMaran of HKN’s share of initial costs in the Hamrin co-venture, with a further $15 million payable out of future cash flow once ShaMaran has recovered its initial investment and carry in full.

Financing – Contemplated Bond Issuance

Elvis Pellumbi, Chief Financial Officer of ShaMaran, commented, “On the back of the attractive Hamrin investment, we are looking to raise a new bond to better reflect the improved credit profile of our expanded asset portfolio, fund Hamrin growth capex and reduce interest costs. We see increased near-term cash flow from our existing assets due to the tri-party export agreement coupled with an enhanced long-term outlook from the addition of future Hamrin cash flows.”

ShaMaran has mandated Pareto Securities AS to be sole bookrunner and manager for a contemplated bond of up to $200 million in order to refinance its existing 2029 bond (ISIN NO0011057622) that has approximately $144 million currently outstanding. The proceeds from the new bond will be used to fund ShaMaran’s share of the Hamrin investment and for general corporate purposes. The Company will host fixed income investor meetings, and a bond issuance may follow subject to market conditions and acceptable terms. It is the Company’s intention to exercise the applicable call option in the existing bond upon successful issuance of the contemplated new bond.

ShaMaran to combine with Gulf Keystone Petroleum Ltd. (“Gulf Keystone”)

ShaMaran and Gulf Keystone today announced that they have signed a merger agreement and a combination agreement to combine their businesses and create a platform for growth in the Kurdistan Region of Iraq and Federal Iraq (the “Transaction”). A copy of the press release can be found at www.shamaranpetroleum.com.

About ShaMaran Petroleum Ltd.

ShaMaran is an independent oil and gas company with non-operated stakes in three fields in Iraq. The Company indirectly holds a 50% working interest in the Atrush Block and an 18% working interest in the Sarsang Block, both in the Kurdistan Region of Iraq. The Company will also hold a 25% interest in the Hamrin JV, which holds the Hamrin DPC in Federal Iraq. The Company is listed in Oslo on Euronext Growth and in Stockholm on Nasdaq First North (ticker “SNM”). ShaMaran is part of the Lundin Group of Companies.

Elvis Pellumbi, CFO, +41 22 560 8600, info@shamaranpetroleum.com, www.shamaranpetroleum.com

This information is information that ShaMaran Petroleum Ltd. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 8:00 CET on October 20, 2026.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

The Company’s certified advisor on Nasdaq First North Growth Market is FNCA Sweden AB.

Forward-Looking Statements

Matters discussed in this announcement may constitute forward-looking statements. The use of any of the words “will”, “expected”, “planned” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of certain future events. Certain information set forth in this news release contains forward-looking statements.

 

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