Search results for: 'Measurement market'

Coordinate measuring machines (CMMs) have changed the way dimensional measurements are made in manufacturing facilities. Their ability to cost-effectively provide accurate measurements and improve productivity has helped the market grow over the past decade. The increased penetration across different manufacturing verticals would have not been poss...

Big Data analytics for test and measurement (T&M) is gaining attention as many industries have realized the benefits of implementing Big Data analytics for T&M. Real-time analytics for maintaining the structural health of safety-critical components, reducing product development time, and ensuring quality maintenance can all be achieved by implement...

08 Aug 2019  |  Global  |  Market Research

Global Coordinate Measuring Machines Market, Forecast to 2023

Shorter Product Lifecycle, Increased Need for In-line Metrology Solutions, and Technology Developments will Continue to Drive the Market

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Key Issues Addressed

Coordinate measuring machines (CMMs) have changed the way dimensional measurements are made in manufacturing facilities. The ability of CMMs to provide accurate measurements, while saving operational costs and improving productivity, has been a key reason for the growth of the CMM market over the past decade. Increased penetration across different ...

Machine-to-machine (M2M) devices and connections will experience significant growth during the forecast period. Key areas of application include connected homes, work, cities, cars, and health, with the connected homes segment securing a significant share in the market. The COVID-19 pandemic outbreak, which started in December 2019, took the world ...

17 Mar 2021  |  Global  |  Market Research

5G and IoT Accelerates the Global Electronics Test & Measurement Rental and Lease Market

Strategic Partnerships with OEMs and End Users Through Innovative Operational Efficiency Focused Business Models to Fuel New Growth Opportunities

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Key Issues Addressed

The global electronics test & measurement rental and lease market comprise the companies and end users that opt for procuring new and used general-purpose electronics test & measurement instruments through rental or lease financing options. The rental and leasing finance model provides an alternate procurement option for end users with CAPEX issues...

The global electronic T&M market is estimated to experience an approximate 4.2% compound annual growth rate (CAGR) from 2020 to 2027. Some of the key market trends prevailing in the electronic T&M market include: • The communications and defense sectors provide growth opportunities for software test solutions with focus on big data analysis....

18 Jul 2022  |  Global  |  Market Research

Global Big Data Analytics Software for Test and Measurement Growth Opportunities

Industry 4.0 and Sensor Technology Innovations Power Transformational Growth

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The global Big Data analytics software for test and measurement market is estimated to experience 7.8% compound annual growth rate from 2021 to 2026. It generated $70.8 million in revenue in 2021, with a base year growth rate of 4.9%. Its growth is attributed to the adoption of Industry 4.0 practices and advanced technologies for improved operation...

Artificial intelligence (AI) is a relatively new technology, and it is critical that AI solutions are thoroughly tested for varied situations, edge cases, and preferences. The primary aim of a test & measurement (T&M) approach for an AI-driven company is to verify that the AI model's functionality is in line with business requirements while ensurin...

24 Jun 2020  |  Global  |  Frost Radar

Frost Radar™: Test and Measurement Technologies in the Autonomous Car and Electric Vehicle Market, 2020

Benchmarking Future Growth Potential

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The global automotive industry is experiencing a slowdown. In 2019, vehicle sales worldwide experienced a decline of over 4%, largely due to a slump in demand from India and China. Major automotive original equipment manufacturers (OEMs) are instead investing in the development of advanced driver assistance systems (ADAS) and electric vehicle (EV) ...