The objective of this report is to describe the market trends and revenue forecasts for the test and measurement equipment market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
Chicago, IL -- (SBWIRE) -- 02/24/2017 -- According to the new market research report, "Test and Measurement Equipment Market, by Service (Repair & After Sales Services, Calibration Services), Application (Healthcare, Automotive & Transportation, Telecommunication, Education & Government, Semiconductor & Electronics, Industrial, Aerospace & Defense), Equipment Type (Mechanical Test Equipment, General Purpose Test Equipment) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", published by Scalar Market Research, the global test and measurement equipment market is expected to grow at a high CAGR during the forecast period.
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Key findings of the report:
1. The technological advancements and innovations in network and communication are expected to be some of the major driving factors for the growth of the test and measurement equipment market.
2. Apart from that, the rapid rise in demand for the electronic products is also expected to drive the test and measurement equipment market at a healthy rate during the forecast period.
3. The rising demand for the test and equipment rental services and the network and communication services are also expected to create major growth opportunities for the key players in the test and measurement equipment market during the forecast period.
In-depth segmentation of the test and measurement equipment market:
The report segments the global test and measurement equipment market by the services, equipment types, applications, and the major geographic regions. The service segment of the market is further divided into calibration services, repair and after-sale services, and others. The equipment type segment of the market is further divided into mechanical test equipment and general purpose test equipment. The application segment of the market is further divided into aerospace and defense, telecom, healthcare, semiconductor & electronics, automotive & transportation, education & government, and industrial. By geography, the report segments the test and measurement equipment market into North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
The test and measurement equipment market report provides analysis of the key players, including:
1. Advantest Corporation
2. Anritsu Company Inc.
3. EXFO Inc.
4. Fluke Corporation
5. Keysight Technologies, Inc.
6. Rohde & Schwarz GmbH & Co KG
7. Signiant, Inc.
8. Tektronix, Inc.
9. Texas Instruments, Inc.
10. Vaivi Solutions, Inc.
11. Yokogawa Electric Corporation
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About Scalar Market Research
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