An Overview Of The Indian Test And Measurement Market

The increasing adoption of advanced electronic devices means that there’s an acute need for equally advanced T&M processes. Here’s a quick review of the opportunities and the challenges faced by the T&M market, which is headed for high growth.

Accurate testing and measure-ment is critical in electronic systems design and manufacturing to ensure product quality. Test and measurement (T&M) systems play an essential role in ratifying the performance of a wide range of electronic products. Increased product complexity has spurred the demand for precision testing at every stage of the product’s life cycle, right from design and development to production testing, pre- and post-market testing, as well as support. Thus, the growth of the test and measurement industry goes hand in hand with the growth of the electronics industry in the country. To find out more about the latest developments in the T&M space, the ComConnect Consulting team did some market research.

Market opportunities

India has the potential to be among the forerunners in the next phase of technology innovations. The Indian electronic systems design and manufacturing (ESDM) sector has witnessed steady growth in recent years, with the focus shifting from pure play system or product design to include other areas such as product development, original design manufacturing (ODM), etc. Therefore, immense business opportunities are brewing in the Indian T&M industry.

High growth in the Indian T&M equipment market is due to technology developments, expanding end user applications and the growing need to validate the performance of equipment. Other factors driving growth in the T&M domain are the stringent quality, safety and environmental standards for manufacturing, maintenance and the use of equipment. Moreover, proper implementation of government initiatives like Make in India, 100 Smart Cities, Digital India and the defence manufacturing drive will definitely open up new opportunities for T&M industry players.