About Test and Measurement (T&M) Equipment
T&M equipment is used to analyze and measure electronic and mechanical devices throughout their lifecycle. Also, it finds application in the initial design, development, verification, maintenance, and repair of electronic and mechanical products. Industries such as communications, automotive, aerospace and defense, mechanical, and electronics use T&M equipment to check their design prototypes or finished products, examine products' uniformity as per required specifications, and determine whether the devices are performing with optimum efficiency.
Technavio’s analysts forecast the test and measurement market in Indonesia to grow at a CAGR of 6% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the test and measurement market in Indonesia for 2016-2020. To determine the market size, the demand for T&M products from various end-user segments has been considered.
The market is divided into the following segments based on products:
Technavio Announces the Publication of its Research Report – Test and Measurement Market in Indonesia 2016-2020
Technavio recognizes the following companies as the key players in the test and measurement market in Indonesia: Anritsu, Fluke, Keysight Technologies, National Instruments, Rohde & Schwarz, and Tektronix.
Other Prominent Vendors in the market are: Anite, EXFO, IXIA, Siemens, Spirent Communications, Tessco Technologies and Yokogawa Electric.
Commenting on the report, an analyst from Technavio’s team said: “Prospects for data center market for vendors will be a key trend for market growth. IT is the backbone of every business, which ensures business continuity and competition. This has prompted enterprises worldwide to invest in data centers. IT aids enterprises to tackle issues related to costs, complexity, and overcapacity.Many enterprises, including cloud service provider (CSPs), telecommunications, government, and large enterprises operate data centers worldwide to support their business operations. In addition, many colocations and managed hosting service vendors build and operate data center facilities for both large enterprises and SMEs. Several enterprises such as Dell, HP, IBM, Schneider Electric, and Emerson Network Power depend on data center operations for profits.”
According to the report, one of the key drivers for market growth will be high demand from telecommunication industry in Indonesia. Indonesia's telecom industry is a prospective market as there is still scope for growth in data services and other value-added services. The country has a relatively lower level of smartphone penetration compared with other regions in APAC. In 2014, smartphone penetration in the urban areas of Indonesia accounted for 23%. Telecommunication service providers in Indonesia are increasingly shifting their focus on data services, which has led to the evolution of 4G in Indonesia. The big three major Indonesian telecommunication services providers include XL Axiata, Telekomunikasi Indonesia (Telkom), and Indosat (only Telkom was able to post a net profit in 2014).
Further, the report states that one of the challenges for the market will be need for high investments. The continuous changes in technology have encouraged companies to invest more to adopt these technologies to remain competitive in the market. Wireless network equipment manufacturers or telecom equipment manufacturers opt for in-house production of wireless test equipment to meet the demand of customers at low costs. This in-house production will help them to develop customized test equipment catering to specific needs of end-users. This will affect business for the wireless test equipment manufacturing vendors. It will also force industries to invest more in providing customized wireless test equipment for customer-specific usage. The need to understand changing customer preferences has created the necessity of investment in product development.
Anritsu, Fluke, Keysight Technologies, National Instruments, Rohde & Schwarz, Tektronix, Anite, EXFO, IXIA, Siemens, Spirent Communications, Tessco Technologies Yokogawa Electric.
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