"Test and Measurement Equipment Market - Global Trends and Forecast to 2022" Published
New Computer Technology market report from Markets and Markets: "Test and Measurement Equipment Market - Global Trends and Forecast to 2022"
[ClickPress, Wed Jul 20 2016] Test and Measurement Equipment Market by Type (Oscilloscope, Signal Generator, Spectrum Analyzer, Multimeters, Power Meter, Network Analyzer), Service (Calibration Services, & Repair Services), Application, and Geography Global Trends and Forecast to 2022
The test and measurement equipment market is expected to reach USD 35.45 billion by 2022, at a CAGR of 6.8% between 2016 and 2022. The major driving factors for the test and measurement equipment market are the rising demand for electronics products that is giving rise to the need for testing and measurement equipment, increased investments in R&D, technological advancement in networking and communication sector, and increased manufacturing activity in developing countries.
Calibration services to hold the largest market share by 2022.
Calibration services are expected to hold the largest market share by 2022. The calibration of the test and measurement equipment is vital for precision, quality assurance, and compliance of quality standards required in production, maintenance, and servicing. Calibration helps increase the operational life of the equipment.
Full Report Details at
"APAC to be the fastest-growing market during the forecast period"
Key countries in APAC are Japan, China, India, Taiwan, and others. The APAC region is home to a number of OEMs as well as semiconductor device and product manufacturers. Moreover, favorable regulatory policies for the approval of new semiconductor technologies and the saturation of the market in developed countries are further intensifying the interest of foreign players in expanding in Asia-Pacific.
In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below:
* By Company Type: Tier 1%-20 %, Tier 2%-35% and Tier 3%-45%
* By Designation: C level - 80%, Director-level - 20%
* By Region: North America - 50%, Europe - 30%, APAC - 10%, RoW - 10%
The report also profiles major players in the test and measurement equipment market-Tektronix, Inc. (U.S.), Rohde & Schwarz (Germany), Fluke Corporation (U.S.), Anritsu Corporation (Japan), Agilent Technologies (U.S.), Yokogawa Electric Corporation (Japan), National Instruments (U.S.), Texas Instruments, Inc. (U.S.), Keysight Technologies (U.S.), EXFO Inc. (Canada), Advantest Corporation (Japan), Vaivi Solutions, Inc. (US), and Texas Instruments Inc. (U.S.) among others.
Reasons to buy the report:
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Communication Test and Measurement Market Test Solutions - Global Forecast to 2020
- Position Sensor Market - Global Trend and Forecast to 2022
- Material Handling Equipment Market - Global Forecast to 2022
- Electromagnetic Compatibility (EMC) Shielding and Test Equipment Market - Forecast to 2020
- Medical Sensors Market - Global Forecast to 2022