Communication Test and Measurement Industry to Grow at 9.51% CAGR to 2020

The analysts forecast global communication test and measurement market to grow at a CAGR of 9.51% during the period 2016-2020.

Test and measurement equipment are used for analyzing and measuring electronic and mechanical devices throughout their lifecycle. Also, they are utilized in the initial design, development, verification, maintenance, and repair of electronic and mechanical products.

These equipment include the following testing and measuring devices:

• Oscilloscopes
• Spectrum analyzers
• Signal generators
• Multimeters
• Arbitrary waveform generators
• Logic analyzers
• Spectrum analyzers
• Power meters
• Electronic counters
• VXI/PXI-based instruments

Industries such as communications, aerospace and defense, mechanical, and electronics use this equipment for testing their design prototypes or finished products, checking the uniformity of the products as per the required specifications, and ascertaining whether the devices are performing at optimum efficiency.

This report covers the present scenario and the growth prospects of the global communication test and measurement market for 2015-2020. To calculate the market size, the report considers the revenue generated from:

• Test solutions such as wireless and wireline test solutions
• Tests such as lab and manufacturing test, enterprise test, field network test, and network assurance test
• Services such as professional service, product support service, and managed service

The market is divided into the following segments based on geography:

The report, Global Communication Test and Measurement Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

For more Information on the report, inquire at http://www.sandlerresearch.org/inquire-before-buying?rname=52158

Key vendors

• Anritsu
• EXFO
• National Instruments
• Rohde &Schwarz
• Spirent Communications
• Viavi Solutions

Other prominent vendors

• Altera (Intel)
• Cobham AvComm
• Fastech Telecommunications
• Fluke Networks
• Ixia
• Keysight Technologies
• octoScope
• Tektronix (NetScout)
• Yokogawa Electric

Purchase a copy of the report at http://www.sandlerresearch.org/purchase?rname=52158

Market driver

• Growing adoption of smart devices

Market challenge

• Demand for used and rental test and measurement equipment

Market trend

• Increased demand for automated test equipment

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?

About US:        

Sandlerresearch.org is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.