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Rapid Innovations in Telecommunication Technology Will Play a Vital Role in the Growth of the General Purpose Test Equipment Market in China: TechNavioThe General Purpose Test Equipment Market in China is expected to grow at a CAGR of 9.89 percent from 2014-2019, according to a new report from research firm TechNavio. About the Report The popularity of test equipment has grown in industries like telecommunications, aerospace, defense, mechanical and electronics for test designing prototypes and for ascertaining whether devices are performing at optimum efficiency. The latest report by TechNavio emphasizes the continuous advances in the field of telecommunication that have required general purpose test equipment vendors to develop equipment that supports specific technologies. The report also highlights the increase in demand for integrated test equipment, as end-users of test equipment have started gravitating towards integrated test equipment that can perform multifunctional operations. "China Mobile, China Unicom and China Telecom (News - Alert) are the three major players in the telecommunications industry in China. These major vendors are all looking for test equipment that can perform multiple tests simultaneously, which is a key feature of modular test equipment," says Faisal Ghaus, Vice President of TechNavio. "Vendors have started providing their customers with modular test equipment so as to differentiate themselves from their competitors, which is expected to drive growth in the market." Key Information Covered in the Reort:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the test equipment market:
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