Increased R&D Investment Initiatives Will Drive the Test and Measurement Equipment Market in India Through 2019: TechNavio

LONDON--()--Increase R&D investments will boost the Test and Measurement (T&M) Equipment Market in India, which is expected to grow at a CAGR of 13.24 percent from 2014-2019, says research firm TechNavio.

About the Report

A growing need for new product development has led to several investment initiatives in R&D. The growth potential in India has encouraged many global T&M equipment vendors to enter the market by providing high-quality, multi-functional T&M equipment.

“The availability of a skilled workforce has attracted many vendors to open R&D centers in India,” says Faisal Ghaus, Vice President of TechNavio.

“There are low-cost advantage in the manufacturing sector in India compared to other countries, which has made India a manufacturing hub and led to growth in the T&M Equipment Market.”

The new report from TechNavio also emphasizes the growing need for compatibility of test equipment, which has become a key focus for vendors while developing new products. Continuously evolving technology has shortened the lifecycle of T&M equipment, since new technology requires new T&M equipment for testing.

“The need for effective interoperability between old and new technologies will drive the T&M Equipment Market in India during the forecast period,” says Ghaus.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
  • Market Challenges:
  • Market Trends:
    • Need for Compatibility of Test Equipment
    • For a full detailed list, view our report.
  • Key Vendors:
    • Agilent Technologies Inc.
    • Anritsu Corp.
    • JDS Uniphase Corp.
    • Rohde & Schwarz GmbH & Co. KG
  • Other Prominent Vendors:
    • Aeroflex
    • Aplab
    • EXFO
    • Fastech Telecommunications

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the test equipment market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

Increase R&D investments will boost the Test and Measurement (T&M) Equipment Market in India, which is expected to grow at a CAGR of 13.24 percent from 2014-2019, says research firm TechNavio.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com