Consumer demand and increasing R&D spend boosts Indian test equipment market

- Advertisement -

The market for modular and PC based test instruments is riding a crest with customers increasingly investing in them for their portability and relative cost effectiveness, says a Frost & Sullivan report. Rapid growth in infrastructure and technologies such as 3G/4G augurs well for the Indian general purpose test equipment market, as the higher frequency, bandwidth, and number of applications spawns a parallel need for integrated test equipment.

New product development will be crucial in a market that is still feeling the aftereffects of the economic downturn. Tier 1 participants that could afford to invest in research and development (R&D) during the economic downturn have been able to respond quickly to customer requirements as the market improves, generating demand for new products and resulting in market growth.

“The higher speed of data transfer requires test equipment manufacturers to develop instruments that can test such data transfer, prompting them to focus on integrated test equipment,” says Frost & Sullivan Analyst. “The availability of a higher number of test instruments within a single box is essential to enhance productivity, especially at installation and maintenance sites.”

- Advertisement -

While demand for modular and PC based test instruments is growing, cautious customers are still reluctant to increase their capital expenditure and buy
high end general purpose test equipment, preferring instead to rent the equipment, particularly in cases where they are only required for one-time use for completing a project.

On the other hand, India is seeing a surge in R&D, owing to its robust and acclaimed education system. The country is no longer considered just an outsourcing destination for manufacturing.

“India’s educational growth is vital to the rise in R&D activity in the country,” notes the Frost & Sullivan Analyst. “Despite being recognised as a low cost manufacturing region, India is spurring its educational sector, which is compelling vendors to establish their R&D centers here and increase their competitiveness.”

This growth in the educational sector is expected to attract more R&D investments and spur growth of benchtop general purpose test instruments.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Exclusive

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Important Sectors

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Tata’s Act For Biodiversity Conclave Brings Green Hope

0
The conclave witnessed the presence of Mr Jamshyd Godrej, Ms Anjali Bansal, Mr Ricky Kej and Mr Kavinder Singh among others Tata Power, India's leading...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

Manufacturing

Electronics Major Molex Expands In Hanoi

0
The fully integrated connector manufacturing facility in Vietnam will be laced with advanced tech and capabilities, said the company Global electronics and connectivity major Molex...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

PLI Scheme Can Help States Become Destinations For Electronics Manufacturing: MoS

0
The manufacturing plant has been set up under the Production Linked Incentive (PLI) scheme At the recent opening ceremony of Pegatron mobile manufacturing facility, the...

Moxion Power Raises $100 Million; Plans To Scale Clean Energy Manufacturing

0
The company aims to meet the increasing demand for its mobile energy storage product lineup In its Series B funding round, the US-based Renewable Energy...

Wind Power Brings Continuum And GE Renewable Energy Together

0
Commercial and industrial establishments will receive the wind power produced in the respective states As per a recent announcement, GE Renewable Energy is set to...