What are the Growth Hubs for General-purpose Electronics Test & Measurement Equipment?
Electric vehicles, increasing automotive electronics content, advancements in wireless communication technology, IoT, and efficient energy consumption drive market growth
Electronic test and measurement (T&M) instruments capture, process, and display data, signals, and electrical parameters. They find significant use in research, product development, prototyping, manufacturing, and field testing applications. Market participants continue to invest in these instruments' R&D and capability upgrades as they play an integral role in the development of emerging technologies, such as 5G, 6G, WiFi6, autonomous driving, commercial space activities, and electric vehicles. As the 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 instruments.
Leveraging strong relationships with participants in the T&M market, in combination with desk research and market expertise accumulated over the past 20 years by tracking and monitoring this space, Frost & Sullivan has developed a detailed study of the global general-purpose electronics T&M equipment market. The study analyzes the equipment and software market from various angles, including product type, application, end user, and geography.
GROWTH PIPELINE DIALOG™
Take your first step towards achieving growth-centric solutions with our
Growth Pipeline Dialog™. Speak to our industry experts in a complimentary open discussion that will spark innovative thinking and growth opportunities that will benefit your organization.