A report published by market research analyst TechNavio expects the global test and measurement equipment market to grow at a CAGR of 24.5 percent from 2011-2015, due in part to the increasing demand for electronic products.
The report, titled “Global Test and Measurement Equipment Market 2011-2015,” covers the current global test and measurement equipment market and its growth prospects in the Americas, EMEA and APAC regions.
The report also examines the effects of high production costs, as well as the increasing miniaturization of test and measurement equipment, on the market. A discussion of vendors perceived to be important to the market is also included.