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Global Test and Measurement (T&M) Equipment Market 2015-2019 with Agilent Technologies, Danaher, JDS Uniphase (JDSU) & SPX DominatingDUBLIN, July 20, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/bc2q9f/global_test_and) has announced the addition of the "Global Test and Measurement (T&M) Equipment Market 2015-2019" report to their offering. The Global T&M Equipment market to grow at a CAGR of 5.86% over the period 2014-2019. The need for compatibility of test equipment is the main focus of T& equipment vendors when developing a new product. The continuously evolving technology has shortened the product life cycle of T&M equipment, thereby requiring new T&M equipment to test new technology. This has created a need for T&M vendors to develop new equipment capable of testing new technologies compatible with the old technologies. According to the report, one of the main drivers in this market is the increase in R&D investment because of new product development and differentiation among vendors. The high growth potential and relatively low manufacturing costs help in bringing more technological innovations through continuous R&D. Further, the report states that one of the key challenges of this market is the price sensitivity of consumers for buying T&M equipment. Key Vendors
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For more information visit http://www.researchandmarkets.com/research/bc2q9f/global_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/global-test-and-measurement-tm-equipment-market-2015-2019-with-agilent-technologies-danaher-jds-uniphase-jdsu--spx-dominating-300119022.html SOURCE Research and Markets |