Test and Measurement Market in Malaysia 2016-2020

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-established players and small-scale players and is highly competitive. Vendors offering advanced T&M solutions for the machinery and equipment manufacturing, semiconductor, and process industries dominate the industry and large players constantly invest in their R&D to develop innovative products. Due to the growing demand for instruments that support multiple tests, test and measuring equipment vendors have started focusing on developing software-based, modular instrumentation more than conventional T&M equipment. To have a competitive edge over their competitors, vendors mainly focus on differentiating their products through innovations.

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 product and analysis of the T&M market in Malaysia

• Biomedical test equipment
• Calibration test equipment
• GPTE (general purpose test equipment)
• Network test equipment
• Real-time test equipment
• Semiconductor test equipment
• Wireless test equipment

This market research and analysis estimates that the semiconductor test equipment product segment will dominate the industry in this region throughout the predicted period and will post an impressive revenue of almost USD 17 million by 2020. The presence of a large number of semiconductor manufacturers and the increasing demand for semiconductors from all over the globe will lead to the growth of the semiconductor industry in the coming years, and will, in turn, fuel the growth of the testing and measuring instruments market segment.

Segmentation by end-users and analysis of the T&M market in Malaysia

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

This market study estimates that accounting for about 27% of the total shares of the market, the machine, and equipment manufacturing industry dominated the market during 2015. The estimated growth of industries such as automotive, oil and gas, and power utilities will drive the demand for new and advanced measuring tools and test instruments for various applications like electrical testing and material handling, which, in turn, will augment the growth of this market segment during the estimated period.

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

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

Related reports

• Global Test and Measurement Market 2016-2020
• Test and Measurement Market in Australia 2016-2020
• Test and Measurement Equipment Market in APAC 2015-2019