What are the Growth Opportunities for General-purpose Electronics Test & Measurement Equipment?
Electric vehicles, increasing automotive electronics content, advancements in wireless communication technology, Internet of Things, and efficient energy consumption drive growth
Electronic test and measurement (T&M) instruments capture, process, and display data, signals, and electrical parameters. They find significant use in analysis, product development, prototyping, manufacturing, and field testing applications. Sector participants continue to invest in the development of these instruments 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, Internet of Things, Industry 4.0, and other advancements take center stage, the use of connected electronic devices will grow, irrespective of vertical, as will the demand for electronic test and measurement instruments.
• Leveraging strong relationships with participants in the test and measurement sector, in combination with sector expertise accumulated over the past 20 years by tracking and monitoring this space, Frost & Sullivan has developed a detailed analysis of the global general-purpose electronics test and measurement equipment sector.
• The analysis examines the equipment and software sector from various angles, including product type, application, end user, and geography.
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