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Showing posts with the label APAC Test and Measurement Market

APAC Test and Measurement Market - Forecast(2021 - 2026)

The APAC test and measurement equipment market size is forecast to reach $7.3 billion by 2026 and is estimated to grow at a CAGR of 5.19% during the forecast period 2021-2026. The ongoing digital transformation in automotive industry and deployment of electric and hybrid electric vehicles is boosting the retrofitting of devices and equipment embedded with a wide range of test and measurement equipment such as electrical tester, digital multi-meters, digital oscilloscope, spectrum analyzer, and environmental testers. Data centers, advanced telecom infrastructure, and automotive are some major end-use applications that require advanced automated test and measuring equipment to meet modern testing requirement. The data centers utilize various complex electronics devices and thus a large number of test and measurement equipment are deployed in these data center to monitor device condition, signal strength, calibration service, and data transmission condition. These factors are set to prop...