January 29, 2015: Test and Measurement (T&M) Equipment Market in India 2015-2019 is a new market research publication announced by Reportstack. Test and measurement equipment are devices used for testing and measuring various electronic and mechanical products throughout their lifecycle.The analysts forecast the Test and Measurement Equipment market in India to grow at a CAGR of 13.24 percent over the period 2015-2019.
The Test and Measurement Equipment market in India can be segmented into three product segments: General Purpose Test Equipment, Wireless Communications Test Equipment, and Fiber Optic Test Equipment.
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.
Some of the mechanical products that have the use of test and measurement equipment include turbines, automotive car suspensions, and aircraft propulsion systems. Depending on end-user requirements, test and measurement equipment use can vary from simple to complex automated devices.
Test and measurement equipment enhance the efficiency, reliability, and accuracy of electronic/mechanical products.
The report suggest some key vendors in the country Agilent Technologies, Anritsu, JDS Uniphase, Rohde & Schwarz, Spirent Communications, Aeroflex, Aplab, EXFO, Fastech Telecommunications, Fluke Networks, Ixia, Keithley Instruments, National Instruments, Qmax Test Equipments, Premier Measurement Solutions, Scientech Technologies, Sumitomo, Tektronix and Yokagawa Electric.
The market drivers currently for the industry are increased R&D investments, market challenge and price sensitivity toward T&M equipment.