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Increasing Complexity of Devices Under Test Challenge Test Engineers and Drive Demand for Modular Instruments States Frost & Sullivan - Modular instrumentation continues to gain ground over its traditional counterpart, with the European market expected to reach €265.5 million in 2017
Increasing Complexity of Devices Under Test Challenge Test Engineers and Drive Demand for Modular Instruments States Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/11/07 - Modular instrumentation continues to gain ground over its traditional counterpart, with the European market expected to reach €265.5 million in 2017.

   
 
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The global economic slowdown took its toll on many industries in 2009, resulting in a 19.1% decline of revenues for modular instrument vendors in Europe. Although sales of modular instrument vendors were affected that year, this downturn also brought back end-user focus on lowering test costs.

In addition, the decelerating manufacturing growth rates in key countries such as Germany, France and the United Kingdom are expected to continue driving the industry shift from traditional instrumentation to modular instrumentation in Europe.

New analysis from Frost & Sullivan (testandmeasurement.frost.com), European Modular Instrumentation Markets, finds that the VXI- and PXI-based test and measurement equipment markets earned revenues of €111.5 million in 2010, and estimates this to reach €265.5 million in 2017. Market expansion will be mainly due to increasing demand from the automotive industry and growth of contract manufacturing in Eastern Europe, as well as to demand from the telecom design industry in Scandinavia.

"There is a large automotive footprint in Europe, particularly in Germany, that is driving demand for modular instrumentation," notes Frost & Sullivan Industry Director Jessy Cavazos. "With many DUTs becoming multi-channel, the adoption of modular instrumentation in the automotive industry is bound to increase."

While modular instrumentation is predominantly used in manufacturing applications, it has made significant inroads in R&D applications as well, especially in design verification and validation in the recent past. Germany is the European leader for R&D spending, due to the presence of key players in the automotive, aerospace, pharmaceuticals and energy industries.

However, the economic downturn in Europe is of concern to many industries. "During times of economic hardship, capital expenditures in test and measurement equipment can be severely affected," remarks Cavazos. "On the other hand, this situation has caused customers to re-evaluate their test strategy so as to identify the best way to lower their cost of test, favouring modular instrumentation over traditional instrumentation."

Modular instruments vendors need to keep educating the market about the benefits of modular instrumentation. This includes educating buyers on how it may lowerthe cost of test and accelerate time to market through case studies and other means.

If you are interested in more information on this study, please send an e-mail with your contact details to Anna Zanchi, Corporate Communications, at anna.zanchi[.]frost.com.

European Modular Instrumentation Markets is part of the Test & Measurement Growth Partnership Service programme, which also includes research in the following markets: European General Purpose Test and Measurement Equipment Markets, World Semiconductor ATE Markets and European Signal Generators and Arbitrary Waveform Generators Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
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Increasing Complexity of Devices Under Test Challenge Test Engineers and Drive Demand for Modular Instruments States Frost & Sullivan

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