DUBLIN, Feb .16, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/jtr38c/test_and) has announced the addition of the "Test and Measurement (T&M) Equipment Market in India 2015-2019" report to their offering.
The Test and Measurement Equipment market in India to grow at a CAGR of 13.24 percent over the period 2015-2019.
Test and measurement equipment are devices used for testing and measuring various electronic and mechanical products throughout their lifecycle. These devices are used in the initial design, development, verification, maintenance, and repair of various electronic and mechanical products. Test and measurement equipment are used for testing and measuring in electronic devices such as cellphones, digital cameras, MP3 players, and solar inverters.
One key trend in the market is the need for compatibility of test equipment. The need for compatibility of test equipment is the main focus of T&M equipment vendors when developing new products. The continuously evolving technology has made the product lifecycle of T&M equipment short, thereby requiring new T&M equipment to test new technology. This has created a need for T&M vendors to develop new equipment capable of testing new technologies and also compatible with old technologies.
According to the report, one of the main drivers in this market is the increase in R&D investment. Advantages such as high growth potential and relatively low manufacturing costs help to bring more technological innovations through continuous R&D.
Further, the report states that one of the key challenges that the market faces is price sensitivity of consumers buying T&M equipment. Customers in the market are very price conscious and tend to purchase low-priced T&M equipment at the expense of quality and added features.
The Test and Measurement Equipment market in India can be segmented into three product segments:
- General Purpose Test Equipment
- Wireless Communications Test Equipment
- Fiber Optic Test Equipment
Key Vendors
- Agilent Technologies
- Anritsu
- JDS Uniphase
- Rohde & Schwarz
- Spirent Communications
Other Prominent Vendors
- Aeroflex
- Aplab
- EXFO
- Fastech Telecommunications
- Fluke Networks
- Ixia
- Keithley Instruments
- National Instruments
- Qmax Test Equipments
- Premier Measurement Solutions
- Scientech Technologies
- Sumitomo
- Tektronix
- Yokagawa Electric
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Product
- Market Segmentation by End-users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/jtr38c/test_and
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
