Lewes, DE -- (SBWIRE) -- 08/17/2016 -- Report forecast the test and measurement market in Malaysia to grow at a CAGR of 6.15% during the period 2016-2020.

T&M equipment is used for analyzing and measuring electronic and mechanical devices throughout their lifecycle. The equipment is used in processes such as initial designing, development, verification, maintenance, and repair of electronic and mechanical products. Industries such as communications, aerospace and defense, mechanical, and electronics use this equipment to test their design prototypes or finished products, to check the uniformity of products as per the required specifications, and ascertain whether the devices are performing at optimum efficiency.

The report covers the present scenario and the growth prospects of the test and measurement market in Malaysia for 2016-2020. To determine the market size, the demand for T&M equipment from various end-user segments has been considered.

The market is divided into the following segments based on equipment type:
- General purpose test equipment (GPTE)
- Wireless test equipment
- Biomedical testing equipment
- Calibration test equipment
- Real-time test equipment
- Semiconductor test equipment
- Network test equipment

According to the report, growth of telecommunication sector will be a key driver for market growth. Over the last decade, the telecom sector in Malaysia registered growth due to the rapid expansion of high-speed broadband (HSBB) services along with strong subscriber growth. However, the country's telecom sector is experiencing a decline in fixed-line services with a significant fall in fixed line market penetration. The shift toward wireless broadband and mobile networks is the main reason for the decline in fixed-line services, which is further expected to have a positive impact on the market.

Further, the report states that declining automotive production and demand will be a challenge for the market. The automotive sector is a major end-user of T&M equipment, especially GPTE and calibration. The declining production and demand for automotive in Malaysia will have a negative impact on the market. Automotive sales are expected to register a decline of approximately 1.5% in 2016, stalling at around 650,000 units. The rising prices of automobiles, tightening of credit approvals, and the weakening ringgit are some of the major reasons for the decline in automotive sales in the country. The rising cost of raw materials is compelling OEMs to increase the prices of automobiles.

Test and Measurement Market in Malaysia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the test and measurement (T&M) market in Malaysia: Anritsu, Fluke, Keysight Technologies, National Instruments, Rohde & Schwarz, and Tektronix.

Other Prominent Vendors in the market are: Anite, EXFO, Ixia, Siemens, Spirent Communications, TESSCO Technologies, and Yokogawa Electric.

Market driver
- E&E industry: Top driver for Malaysian manufacturing sector
- For a full, detailed list, view our report

Market challenge
- Declining automotive production and demand
- For a full, detailed list, view our report

Market trend
- Malaysia as a data outsourcing destination
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 80 pages and 34 Exhibit "Test and Measurement Market in Malaysia 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-users based on products, Market segmentation by end-users, Market drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/test-and-measurement-market-malaysia-2016-2020

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