Lewes, DE -- (SBWIRE) -- 04/27/2016 -- Report forecast the Global Test and Measurement Equipment Market to grow at a CAGR of 5.21% during the period 2016-2020.

Test and measurement is a dynamic and fast-growing industry that is gaining use in various high-tech sectors, enabling them to attain a global reach. T&M companies serve a broad range of end-users by providing critical products and services that help their customers improve quality, safety, health, compliance, and productivity in various applications.

The report covers the present scenario and the growth prospects of the global T&M market for the period 2015-2020. To calculate the market size, the report considers the demand for T&M equipment from various end-users.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, communication T&M solutions are being adopted widely by end-users such as telecommunication service providers, mobile device manufacturers, network equipment manufacturers, and telecommunication service providers, which have led to market growth worldwide. Telecommunication service providers are expected to dominate the communication T&M market and contribute the highest market share during the forecast period.

Further, the report states that the need for constant product development with additional features and technology, high brand image, after-sales services, and continuous product support has become critical for vendors to sustain in the market. All these factors add to the overall cost of T&M equipment, restricting new investments by end-users.

Global Test and Measurement Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Test and Measurement Market: Bureau Veritas, Danaher, Keysight, SGS, and Thermo Fisher.

Other Prominent Vendors in the market are: Anritsu, Aplab Limited, EXFO, Fastech Telecommunications, Ixia, JDS Uniphase, National Instruments, Qmax Test Equipment, Premier Measurement Solutions, Scientech Technologies, SPX Corporation, TEKTRONIX, Yokogawa Electric.

Market driver
- Growth in communication sector in APAC
- For a full, detailed list, view our report

Market challenge
- Need for price-sensitive and multiple technology solutions
- For a full, detailed list, view our report

Market trend
- Interoperability era for T&M equipment
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 86 pages and 46 Exhibit "Global Test and Measurement Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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