IoT and Hi-speed Communication Propelling Growth Opportunities in the Global Electronic Test and Measurement Sector
Increasing complexity and density in electronics create new growth opportunities
Electronic test and measurement instruments are used to capture, process, and display data, signals, electrical parameters. These instruments find significant utilization in research, product development, prototyping, manufacturing, and field testing applications. Electronic test and measurement market participants have continued to invest in the R&D and capability upgrades of these instruments, even as they continue to play an integral role in the development of emerging technologies, such as 5G, WiFi6, autonomous driving, electric vehicles. As digital transformation, IoT, Industry 4.0, and other Mega Trends take center stage, the use of connected electronic devices will grow irrespective of vertical, as will the demand for electronic T&M.
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