TechNavio today launched its report, Global Test and Measurement Equipment Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”One of the emerging trends in the Global Test and Measurement Equipment market is the miniaturization of test and measurement equipment. Miniaturized test and measurement equipment are flexible and easy to use. The fast growth in the Electronics industry is leading to the development of small-size electronic devices for which miniaturized test and measurement equipment are required. For instance, the test and measurement equipment used in consumer electronics and other minute components need to be very small in size. Thus the vendors are moving toward the trend of miniaturization.”
According to the report, the increasing demand for testing and measurement equipment in electronics devices/products is one of the major growth driving factors for the market. Even a minute error in the design or development process of the electronic products can damage the product. To avoid such errors, the electronics products manufacturers always use the test and measurement technology to rectify errors. Various types of errors can be found in electronics products for which specific testing and measurement equipment is required. Vendors depending upon the end-user requirement provide the test and measurement equipment.
Further, the report reveals that the major challenge for the market is the high cost of production of test and measurement equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-test-and-measurement-equipment-m…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Global Test and Measurement Equipment Market 2011-2015
