WORLD TEST & MEASUREMENT MARKETS TO GROW AT 5% RATE, TOP $7 BILLION BY 2000.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Worldwide sales of general-purpose test and measurement equipment (conservatively defined as signal analyzers and generators, electronic meters and counters, test sets and PC-based equipment) will grow from $5.2 billion in 1993 to $7.2 billion by the year 2000 at a 5 percent compound annual rate, projects a new study just released by Frost & Sullivan. Signal analyzers made up 55 percent of total U.S. 1993 revenues, signal generators A signal generator, also known variously as a test signal generator, function generator, tone generator, arbitrary waveform generator, or frequency generator 21 percent, electronic meters 10, test sets 7, PC- based equipment 5 and electronic counters 2 percent, says the report, WORLD TEST AND MEASUREMENT EQUIPMENT MARKET: THE INDUSTRY MAKES A COMEBACK Comeback Australian breed of wool sheep, bred by crossing Merino with Corriedale, Polwarth or Zenith sheep; wool is 21 to 25 microns. It is a registered breed, but the term is more commonly used in the sense of a type of sheep produced by crossbreeding a crossbred Merino back to Merino. AS TECHNOLOGY ADVANCES AND NEW MARKETS EMERGE. Markets outside the U.S. and Europe are growing much faster than those two primary markets. The U.S. share of worldwide test and measurement sales will drop from 44 percent in 1993 to 39 by 2000 as Europe's also dips from 31 to 27 percent in the same period while Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. share increases from 18 to 24 percent and that of other world regions from 7 to 10 percent. Particularly promising future markets will include China, India, Korea, Taiwan and Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. in the greater Pacific Rim; South and Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. and Mexico; and eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. . Third World countries will spend much more on communications in the 1990s with a resulting increased need for radio, microwave and fiber- optic test equipment. Greater use of fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber will particularly increase demand for signal generators, oscilloscopes and signal analyzers. The industry is shifting increasingly from defense-related markets to more commercial arenas like communications -- the most rapidly growing end-user industry -- as well as automotive and consumer electronics. T&M instruments are moving from analog to digital technology. PC- based equipment will grow the fastest worldwide, offering lower-cost testing, multiple PC functionality, the ability to insert new boards into computers to change test parameters, and connectivity to a main database to allow more comparisons and tracking. Under pressure from users, vendors are combining test functions into single units. While this increases unit prices, users are apparently willing to pay for the convenience of carrying fewer pieces of equipment. Many firms now sell much of their test equipment in sets designed to test a particular instrument or instrument set rather than as standalone stand·a·lone adj. Self-contained and usually independently operating: a standalone computer terminal. devices. The market has been severely buffeted buf·fet 1 n. 1. A large sideboard with drawers and cupboards. 2. a. A counter or table from which meals or refreshments are served. b. A restaurant having such a counter. 3. in the early 90s by recession and military budget cuts on a global basis. The end of the Cold War has meant shelving shelv·ing n. 1. Shelves considered as a group. 2. Material for shelves. 3. An incline; a slope. shelving Noun 1. material for shelves 2. of many advanced defense projects and experiments, and military bases worldwide have closed down. Scientific research has also faced cutbacks from both governmental and private funding. Unemployment of test engineers and technicians created an effective oversupply o·ver·sup·ply n. pl. o·ver·sup·plies A supply in excess of what is appropriate or required. tr.v. o·ver·sup·plied, o·ver·sup·ply·ing, o·ver·sup·plies of test and measurement equipment. Advances in semiconductor and microprocessor technologies will benefit the test industry. Vendors will launch more versatile and higher-performance test and measurement devices in the coming years.Increasing availability of electronic equipment is the catalyst for continuing evolution in these markets worldwide. This study does not include automatic test equipment (ATE) used for testing integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. and PC boards but is focused on general-purpose, or non-automatic equipment. It also does not include standards and control equipment, laboratory recorders, audio wave-form analyzers, logic analyzers (1) A device that monitors computer performance by timing various segments of the running programs. The total running time and the time spent in selected program modules is displayed in order to isolate the least efficient code. or microprocessor development products. A separate report, 2693-60, PROFILES OF U.S. TEST & MEASUREMENT EQUIPMENT MANUFACTURERS, sizes the U.S. market for test and measurement equipment more broadly defined to include these segments. Frost & Sullivan is an international high-technology research firm. All Frost & Sullivan reports are based on extensive interviews with marketing and technical experts from selected companies in each market segment. Primary research is validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. by thorough analysis of available secondary research. Frost & Sullivan is the leading publisher worldwide of high-technology research reports. Code: 917-30 Publication Date: 1994 Price:$1695 Total Test and Measurement Equipment Market: Unit Shipment and Revenue Forecasts (World), 1990-20003-1 Total Test and Measurement Equipment Market: Unit Shipment and Revenue Forecasts (World), 1990-2000gures Revenue Units Revenues Growth Rate Year (Millions)($ Billion) (%) 1990 2.99 5.41 --- 1991 2.94 5.31 (1.8) 1992 2.88 5.14 (3.2) 1993 2.86 5.17 0.6 1994 2.93 5.37 3.7 1995 3.04 5.63 5.0 1996 3.16 5.95 5.7 1997 3.26 6.27 5.4 1998 3.36 6.59 5.0 1999 3.46 6.90 4.7 2000 3.55 7.22 4.6 Compound Annual Growth Rate (1993-2000): 4.9% Note: All figures are rounded. Source: Frost & Sullivan, Inc. CONTACT: For further information please contact: Amy Arnell Kristina Menzefricke Nadge Keryhuel Mountain View London Paris (415) 961-9000 44 71 730 3438 33 1 4742 9127 (415) 961-5042(fax) 44 71 730 3343 33 1 4742 9129 REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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