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Test and Measurement (T&M) Equipment Market in India 2015-2019 with Agilent Technologies, Anritsu, JDS Uniphase, Rohde & Schwarz & Spirent Communications DominatingDUBLIN, Feb .16, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/jtr38c/test_and) has announced the addition of the "Test and Measurement (T&M) Equipment Market in India 2015-2019" report to their offering.  The Test and Measurement Equipment market in India to grow at a CAGR of 13.24 percent over the period 2015-2019. Test and measurement equipment are devices used for testing and measuring various electronic and mechanical products throughout their lifecycle. These devices are used in the initial design, development, verification, maintenance, and repair of various electronic and mechanical products. Test and measurement equipment are used for testing and measuring in electronic devices such as cellphones, digital cameras, MP3 players, and solar inverters. One key trend in the market is the need for compatibility of test equipment. The need for compatibility of test equipment is the main focus of T&M equipment vendors when developing new products. The continuously evolving technology has made the product lifecycle of T&M equipment short, thereby requiring new T&M equipment to test new technology. This hascreated a need for T&M vendors to develop new equipment capable of testing new technologies and also compatible with old technologies. According to the report, one of the main drivers in this market is the increase in R&D investment. Advantages such as high growth potential and relatively low manufacturing costs help to bring more technological innovations through continuous R&D. Further, the report states that one of the key challenges that the market faces is price sensitivity of consumers buying T&M equipment. Customers in the market are very price conscious and tend to purchase low-priced T&M equipment at the expense of quality and added features. The Test and Measurement Equipment market in India can be segmented into three product segments:
Key Vendors
Other Prominent Vendors
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For more information visit http://www.researchandmarkets.com/research/jtr38c/test_and Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/test-and-measurement-tm-equipment-market-in-india-2015-2019-with-agilent-technologies-anritsu-jds-uniphase-rohde--schwarz--spirent-communications-dominating-300036494.html SOURCE Research and Markets 
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