Market Research Logo

Current and Evolving Opportunities for Professional Services in the Test and Measurement (T&M) Market, Forecast to 2021

  • Executive Summary
    • Key Findings
    • Current and Future Parameters
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Key Questions this Study will Answer
    • Market Segmentation
    • Market Distribution Channels
    • Market Trends
    • Business Service Evolution and Landscape
    • Overview of Users of Advanced Services
    • Duration of Service Contracts
  • Drivers and Restraints-Total Advanced Services Market in T&M
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends-Total Advanced Services Market in T&M
    • Market Engineering Measurements
      • Table Total Advanced Services Market in T&M: Market Engineering Measurements, Global, 2016
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total Advanced Services Market in T&M: Revenue Forecast, Global, 2015-2021
    • Revenue Forecast Discussion
    • Revenue Forecast by Vertical End-user Market
      • Table Total Advanced Services Market in T&M: Revenue Forecast by Vertical End-user Market, Global, 2015-2021
    • End-user Industry Analysis
    • Revenue Forecast Discussion by Vertical Market
    • Current End-Users of Advanced Services Market in T&M
  • Market Share and Competitive Analysis- Total Advanced Services Market in T&M
    • Market Share
    • Market Share Analysis
      • Table Total Advanced Services Market in T&M: Market Share Analysis of Top 4 Participants, Global, 2016
    • Competitive Environment
    • Top Competitors
    • Service Highlights
    • Competitive Assessment
  • Growth Opportunities and Companies to Action
    • Transformation of Advanced Services in the T&M Ecosystem-2016
    • Growth Opportunity 1-Integrated Service Delivery
    • Growth Opportunity 2-OPEX Model Service Delivery
    • Growth Opportunity 3-Data Analytics Service Solution and Application Development
    • Growth Opportunity 4-Control of All Test and Repair Data
    • Growth Opportunity 5-Accelerate Time to Market
    • Growth Opportunity 6-Shift from a Reactive Business Model to a Proactive Business Model
    • Strategic Imperatives for Advanced Service Providers
  • Asset Management Services Market in T&M Analysis
    • Asset Management Services Segment-Key Findings
    • Market Distribution Channels
    • Overview of Current Business Model
    • Overview of Asset Management Services' Benefits
    • Transformation in the Asset Management Service Delivery
    • Integrated Service Delivery Business Model
    • Pricing Overview
    • Pricing Model Development
    • Market Engineering Measurements
      • Table Asset Management Services Market in T&M: Market Engineering Measurements, Global, 2016
    • Revenue Forecast
      • Table Asset Management Services Market in T&M: Revenue Forecast, Global, 2015-2021
    • Revenue Forecast Discussion
    • Asset Management Services' Revenue Split
    • Market Share
    • Market Share Analysis
      • Table Asset Management Services Market in T&M: Market Share Analysis of Top 5 Participants, Global, 2016
    • Competitive Environment
    • Competitive Landscape
  • Prototyping and Consulting Services Market in T&M Analysis
    • Prototyping and Consulting Services Segment-Key Findings
    • Market Engineering Measurements
      • Table Prototyping and Consulting Services Market in T&M: Market Engineering Measurements, Global, 2016
    • Prototyping and Consulting Services Application Areas
    • Evolution of Prototyping and Consulting Services
    • Revenue Forecast
      • Table Prototyping and Consulting Services Market in T&M: Revenue Forecast, Global, 2015-2021
    • Revenue Forecast Discussion
    • Market Share
    • Market Share Analysis
      • Table Prototyping and Consulting Services Market in T&M: Market Share Analysis of Top 4 Participants, Global, 2016
    • Competitive Environment
  • Test Data Analytics and Management Services for Manufacturing Market in T&M Analysis
    • Test Data Analytics and Management Services for Manufacturing Segment-Key Findings
    • Market Engineering Measurements
      • Table Test Data Analytics and Management Services for Manufacturing Market in T&M: Market Engineering Measurements, Global, 2016
    • Test Data Analytics and Management Services in Manufacturing Application Areas
    • Evolution of Test Data Analytics Services and Decision Making
    • Features and Pricing Criteria Overview
    • Revenue Forecast
      • Table Test Data Analytics and Management Services for Manufacturing Market in T&M: Revenue Forecast, Global, 2015-2021
    • Revenue Forecast Discussion
    • Market Share
    • Market Share Analysis
      • Table Test Data Analytics and Management Services for Manufacturing Market in T&M: Market Share Analysis of Top 5 Participants, Global, 2016
    • Competitive Environment
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • List of Other Market Participants in the Total Market
    • Partial List of Companies Interviewed
    • Learn More-Next Steps

Current and Evolving Opportunities for Professional Services in the Test and Measurement (T&M) Market, Forecast to 2021

It is no secret that getting profitability from hardware in the professional services Test and Measurement (T&M) market has become increasingly challenging. As a result, there is a need for new designs to be more flexible to the constantly changing technology. It is not test equipment against test equipment anymore, and test equipment vendors cannot only focus on hardware. Instead, there is a significant focus on building a platform solution that effectively integrates hardware, software analytics, and services. Companies are focused on redesigning the customer experience across the entire life cycle of test equipment by considering all the interactions that users have with the test product.

This research service analyzes new areas of advanced services that test equipment companies want to invest in—beyond the traditional services of repair, calibration, and leasing. It provides forecasts from 2016 to 2021 for 3 main advanced service sectors namely, asset management, prototyping and consulting, and test data analytics for manufacturing. Customer expectations are changing according to business propositions and contrary to previous belief, the term ‘disruption’ has come to indicate challenging assumptions by delivering new value to customers and generating new revenue streams beyond the constraints of an existing operating model.

Some of the key questions that this study will answer are as follows.
• What are the new advanced service-based business models emerging in the T&M services space?
• Are existing competitors structured correctly to meet customer needs related to advanced services?
• To what extent have competitors in the T&M services space developed capabilities related to advanced services?
• What is the total market size of the global advanced services market in T&M and what are its growth opportunities?
• Are existing services offered meeting customer needs or is additional development needed?
• Which end-user verticals show major growth opportunities?


Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;