A new Frost & Sullivan analysis, "Global Outlook for Electronic Test Equipment," estimates that the market generated $3.45 billion in revenue in 2013 and is projected to reach $4.64 billion by 2018. The study covers the product segments of oscilloscopes, signal generators, spectrum/signal analyzers, network analyzers, power meters, logic analyzers, electronic counters, and multimeters.
"Faster connectivity through the rollout of 5G will also intensify demand for higher frequency bands," comments Frost & Sullivan analyst Prathima Bommakanti. "This, in turn, will drive demand for GP test equipment in the microwave range."
In product categories such as multimeters, which have shown minimal technological progress, purchases are based on price and availability rather than features. This impacts overall market growth.
The best way to advance in a competitive market is to offer a balance between price and performance. Modular GP test equipment will be particularly effective in this scenario as it reduces testing costs by increasing throughput and scalability, while simultaneously reducing energy consumption and space requirements.
Keysight Technologies and National Instruments are leading the way in this area and expect to further increase the share of modular instrumentation in the global electronic test equipment market.
Equinix selects Infinera Cloud Xpress for data center interconnection in Hong Kong
Infinera announces that Equinix has selected Infinera Cloud Xpress to interconnect its data centers in Hong Kong. Infinera Cloud Xpress offers Equinix a platform with hyperscale density, operational simplicity, and low power consumption.
