Key Players :
Some of the prominent players in the global test and measurement equipment market are Fortive ( U . S .), Rohde & Schwarz ( Germany ), Anritsu Corporation ( Japan ), Keysight Technologies ( U . S .), Yokogawa Electric Corporation ( Japan ), National Instruments Corporation ( U . S .), EXFO ( Canada ), Advantest Corporation ( Japan ), Viavi Solutions ( U . S .), Cobham plc . ( U . K ), Teledyne Technologies , Inc . ( U . S .), and Texas Instruments Inc ., ( U . S .) among others .
Segments
The global test and measurement equipment market is a segmented product , service , and application .
The application segment is classified into automotive , aerospace & defense , electronics & semiconductors , industrial , education , IT & telecommunication , and healthcare . However , the industrial application sub-segment is expected to hold a major share of the global test and measurement equipment market during the forecast period . This is owing to the increasing dependency of business operations on industrial applications . The test and measurement equipment are being used at different stages of the product ’ s development lifecycle and hence are increasingly being deployed for testing industrial applications . However , the lack of awareness regarding the test and measurement equipment solutions and price sensitivity are major factors that could cause hindrance in the growth of global test and measurement equipment market .
Regional Analysis
The global test and measurement equipment market is studied in Asia Pacific , North America , Europe , and the Rest of the World . Asia Pacific is estimated to account for the largest share of the market , whereas North America is projected to grow at the fastest rate during the forecast period . The growth of the market in Asia Pacific is attributed to technological advancements and increased adoption of test and measurement equipment solutions across various industry verticals .
Intended Audience
• Technology Investors
• Research / Consultancy Firms
• Government Bodies
• Consulting Service Providers
• Technology Providers
• System Integrators
• Software Vendors
• Web Content Developers