Despite turbulent economic times, particularly in Europe, most test companies continue to deliver strong results. Forecasts once again show growth for 2012, although not at the levels seen over the past two years. This was expected considering the high double-digit growth rates witnessed in 2011 and 2010, which is atypical for such a developed market.
All in all, 2011 wasn’t a bad year for the electronics test and measurement industry. Various trends riding on top of the economic recovery resulted in nice revenue growth for many leading test equipment manufacturers despite a slowdown in the latter part of the year.
Among these trends, the increasing complexity of electronics across all end-user industries is the overriding factor and is both a boon and a challenge for the test and measurement industry.
Modular instruments not only are making significant inroads into the design validation and verification space, they’re also being used up to the early stages of R&D. Their scalability and the increasing need for flexibility and customization of the test systems are some of the key reasons for this trend, which is expected to only strengthen in the future.
Increased dynamic range and frequency bandwidth are in the offing for test equipment in 2011, says Frost and Sullivan's Jessy Cavazos. Users should also get used to touchscreen interfaces on their instruments.
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