This study covers the state of the general purpose test equipment market in India, examining drivers and restraints for growth, pricing trends, and end-user behaviors and requirements. Based on such trends, forecasts are made for market growth for each product segment: electronic counters, logic analyzers, network analyzers, spectrum analzyers, power meters, multimeters, oscilloscopes, signal generators, and arbitrary waveform generators. In addition, this research service features a competitive analysis including a market share analysis. The base year is 2011 with forecasts running through 2018.
The forecast has been done according to the following assumptions:
Historical trend in the general purpose test equipment market Frost & Sullivan has studied the market for several years now and published several research services in this area. The recovery from the economic downturn started in 2010 in India.
Impact of high GDP growth in India The Indian general purpose test equipment market growth is in direct proportion to the country’s GDP growth. Over the years, both have grown/declined in a similar fashion.
Impact of market and technological trends The market has shown significant growth from the educational end-user segment in addition to the aerospace and defense sectors.
Growth in the PC-based instruments More and more PC-based instruments are used due to their ease of use and cost effectiveness. PC-based instruments are more effective in field applications. The revenues of these instruments are included in the market sizing.
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