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Test & Measurement Market Dynamics

Each sub-segment in the test and measurement space is characterized by a different set of trends and dynamics:

  • The communications test sub-segment is largely driven by spending in the telecom equipment market and the customers are challenged with creating testing solutions to test ever-evolving standards.
  • The automated test equipment (ATE)/semiconductor test sub-segment is driven by three major factors: ATE test equipment utilization rates, chip volumes being shipped, and the future market sentiments of integrated device manufacturers.
  • The general-purpose test sub-segment contains a more diverse set of equipment and therefore responds to more general economy fluctuations.

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