Test and Measurement Market in Indonesia 2016-2020

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 to enter the market. The competitive environment is expected to intensify during the forecast period and this will mainly attribute to the increasing investments and rapid technological advancements taking place in various industries in the country.

The leading vendors in the market are -

• Anritsu
• Fluke
• Keysight Technologies
• National Instruments
• Rohde & Schwarz
• Tektronix

The other prominent vendors in the market are Anite, EXFO, IXIA, Siemens, Spirent Communications, Tessco Technologies, and Yokogawa Electric.

Segmentation by equipment and analysis of the test and measurement market in Indonesia

• Biomedical test equipment
• Calibration test equipment
• GPTE
• Network test equipment
• Real-time test equipment
• Semiconductor test equipment
• Wireless test equipment

This market research and analysis predicts that accounting for almost 27% of the total share of the market by 2020, the GPTE (general purpose test equipment) segment will dominate the testing and measuring equipment market throughout the forecast period. Several industries use GPTE to test their design prototypes and finished products. The rise in export of machine and equipment will subsequently increase the investment for capacity expansion, which will drive the market growth. Moreover, the rise is demand for electronics and home appliances and the government’s focus on upgrading its existing weaponry and increasing the stock of manufactured weapons in the country will propel the demand for measuring tools and test equipment.

Segmentation by end-users and analysis of the test and measurement market in Indonesia

• Airport
• Chemical
• Educational and research institute
• Energy saving (includes solar power, oil, and gas)
• Electronics manufacturing
• Food and beverage
• Independent maintenance and repair
• Machine and equipment manufacturing
• Metrology/defense/utility/medical
• Pipeline and storage
• Power transmission and distribution
• Pulp and paper
• Telecom services and operator
• Others (real estate, shipping, and logistics)

This market study estimates that in terms of end-users, the machine and equipment manufacturing industry was the major contributor to the test and measurement equipment market during 2015 and accounted for about 24% of the total market shares. Factors such as rapid urbanization and the estimated growth of machinery exports fuel the growth of the market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the test and measurement market in Indonesia?
• What are the key market trends impacting the growth of the test and measurement market in Indonesia?
• What are the challenges to market growth?
• Who are the key vendors in the test and measurement market in Indonesia?
• What are the market opportunities and threats faced by the vendors in the test and measurement market in Indonesia?
• Trending factors influencing the market shares of Indonesia.
• What are the key outcomes of the five forces analysis of the test and measurement market in Indonesia?

Technavio also offers customization on reports based on specific client requirement.

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