Test and Measurement

Format: 2017-01-20
Format: 2017-01-20
November 15, 2016 | 72 Pages | SKU: IRTNTR10801

Overview of the analytical instrument market in the US

Market research analysts at Technavio have predicted that the analytical instrument market in the US will grow steadily during the predicted period and post a CAGR of almost 4% by 2021. This market research analysis identifies the introduction of stringent regulations by the US government as one of the primary growth factors for the analytical equipment market. Unlike countries in APAC and GCC, such as India, China, and Saudi Arabia, countries in the Europe and the Americas strictly follow regulations set by regulatory bodies such as the Food and Drug Administration (FDA).  Instances such as the leakage of harmful gasses and toxic emissions compel countries in these regions to develop and introduce strict guidelines to be followed by the oil and gas industry to improve operational safety and reduce emissions. This will consecutively result in the adoption of high-quality analytical instruments.

Recent rise in the number of electrical and electronic components in the automobile industry will be one of the major trends that will gain traction in the analytical instruments market during the next four years. The increased implementation of wired and wireless serial communications increases the demand for electrical measuring equipment from the automotive industry. To differentiate their products from their competitors, automotive manufacturers are increasingly focusing on the installation of new entertainment systems that can be connected to several devices, embedded cellular technology such as eCall, and GPS and hotspot systems that convert 3G or 4G


November 07, 2016 | 68 Pages | SKU: IRTNTR10718

Overview of the global ultrasonic NDT equipment market

Market research analysts at Technavio predict that the global ultrasonic non-destructive testing (NDT) equipment market will grow steadily during the next four years and post a CAGR of almost 6% by 2020. This market research analysis identifies the identification of new avenues for natural gas exploration as one of the primary growth factors for this market. The unchecked use of fossil fuels has resulted in an exponential increase in hydrocarbon acquisition costs and has also displaced exploration activities. With the oil and gas exploration and production companies concentrating on identifying unconventional avenues for exploration, the natural gas pipeline market will witness a significant growth in revenue. This, in turn, will boost the demand for ultrasonic NDT equipment to examine pipeline properties without damaging them.

When compared to radiography, phased array technology is much safer and is also less time-consuming, less expensive, and offers better output availability. Moreover, it also provides a much better way of detecting planar flaws than radiography and can also be used in non-screened-off areas. Such advantages will result in the increased adoption of phased array equipment, which will be one of the major trends gaining traction in the ultrasonic testing equipment market in the coming years.

Competitive landscape and key vendors


August 03, 2016 | 60 Pages | SKU: IRTNTR8246

Market outlook of the electrical resistor market

Technavio’s research analyst predicts the global electrical resistor market to grow steadily at a CAGR of 6% during the forecast period. The growing demand from the power sector globally is the primary driver for this market. Increased electricity demand globally has led to the development of power infrastructure, thus propelling the demand for electrical resistors. 

Renewable energy sources are preferred for power generation, and vendors in this marketplace are trying to develop new and efficient products to extend their product lines. Thus, the renewable energy power generation market requirements are expected to boost market growth during the forecast period. The electrical resistor companies are focused on innovating and manufacturing electrical resistors that are compatible with the components used in power generation from the renewable energy.

End-users segmentation and analysis of the electrical resistor market

  • Power supplies
  • Power transmission and distribution
  • Drives and inverters
  • Motors

The power supplies segment led the market in 2015 with a market share of nearly 20%. The rising need for batteries and fuel cells, electromechanical systems such as generators and alternators, and solar power converters augments the high demand for electrical resistors.

Geographical segmentation and analysis of the electrical resistor market

  • Americas
  • APAC
  • EMEA

APAC accounted for 68% of the market share during 2015, and it is expected to grow at a CAGR of 7% during the forecast period.  An increase in urbanization in this region has led to high demand for electricity. This has fueled the need for power infrastructure, and governments of various countries in this region are therefore focusing on developing and


August 01, 2016 | 70 Pages | SKU: IRTNTR10230

Overview of the test and measurement market in Indonesia

Market research analysts at Technavio have predicted that the test and measurement market in Indonesia will grow steadily during the predicted period and will post a CAGR of about 6% by 2020. This market research analysis identifies the growth of the automotive industry as one of the primary growth factors for this market. This region is the second-largest manufacturer of passenger cars in Southeast Asia, and the constantly increasing investments will result in the region becoming the largest manufacturer of passenger cars in Southeast Asia during the forecast period. The rapid growth in GDP, the increase in low-per-capita car ownership, and the availability of low-cost labor and raw materials will attract more automotive manufacturers to invest in the country, propelling the demand for measuring and test instruments in the coming years.

End-users of test and measurement (T&M) equipment constantly face problems as most of the testing and measuring instruments are incompatible between products. This will induce vendors to conduct interoperability tests to ensure the equipment’s compatibility with different products as it results in the loss of potential customers. The availability of a wide range of electronic and electrical products will lead to the requirement of higher interoperability of T&M equipment as it helps end-users in not being dependent on the use of a particular test and measurement instrument from a single manufacturer for a lifetime.

Competitive landscape and key vendors

Though the market is characterized by the presence of few vendors, the competition among vendors is high. The strong position of the existing market vendors and the high market barriers make it tough for new players


August 01, 2016 | 80 Pages | SKU: IRTNTR10229

Overview of the test and measurement market (T&M) in Malaysia

Market research analysts at Technavio have predicted that the test and measurement (T&M) market in Malaysia will grow steadily during the predicted period and will post a moderate CAGR of more than 6% by 2020. Due to the rapid expansion of high-speed broadband (HSBB) service and the exponential increase in the number of subscribers, the recent years witnessed a rapid growth of the telecom sector in the country. The market research analysis identifies this growth of the telecommunication sector as one of the primary growth factors for this market. The global shift toward wireless broadband and mobile networks, the growing demand for mobile devices such as smart phones and tablet computers, and the intense competition among vendors demand the requirement of advanced network and wireless test equipment, in turn, augmenting the growth of the test equipment and measuring devices market in the next four years.

Data centers are constantly in the need for T&M equipment such as electrical energy loggers, infrared imaging systems, cable testing for both copper and fiber installations, return loss testers or more sophisticated optical time-domain reflectometers. The increasing requirement of data centers around the world and the growth of this region as one of the major data outsourcing destinations will have a huge impact on the market’s growth.

Competitive landscape and key vendors

The market is characterized by the presence of several well-


July 29, 2016 | 74 Pages | SKU: IRTNTR10215

Overview of the test and measurement (T&M) market in Thailand

Market research analysts at Technavio have predicted that the test and measurement (T&M) market in Thailand will grow steadily during the forecast period and will post a CAGR of more than 5% by 2020. Test and measurement solutions are constantly used by end-user industries, such as mobile device manufacturers, telecommunication service providers, network equipment manufacturers, and telecom service providers. The presence of several mobile device manufacturers in the countries in APAC such as Thailand, Indonesia, and India drives the demand for test and measurement equipment as manufacturers and service providers are in the constant need to deliver high-quality and performance services to customers. Also, the growth in demand for high-speed Internet will induce service providers to upgrade their network, which will subsequently compel customers to purchase new smartphones. This growth of the telecommunication sector will be one of the major factors driving the growth of the market in Thailand during the forecast period.

Analysts predict that the rise in demand for automatic test equipment (ATE) will be one of the major trends that will gain traction in this market during the next four years. ATE systems can simultaneously test SoC (system on chip) semiconductors’ logic, analog, and memory circuits. Semiconductor IC vendors are going fabless and focusing on reducing their expenditures for the operation and maintenance of foundries, they have started outsourcing


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