Test and Measurement Market in South Korea 2016-2020 - New Market Report

The T&M market in South Korea is a dynamic and steadily growing market. The use of T&M is growing in different high-tech sectors, which is enabling them to expand worldwide. T&M companies offer essential products and services to a wide range of end-users that help their customers to enhance quality, health, safety measures, productivity, and compliance in various applications.

South Korea is one of the key countries in the global T&M market, accounting for approximately 8.5% of the global T&M market. The presence of the large semiconductor, consumer electronic, communication, and automotive industries contributes to its high market share in the overall market.

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Technavio's analysts forecast the T&M market in South Korea to grow at a CAGR of 4.56% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the T&M market in South Korea for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of T&M market in South Korea. The report does not include revenue generated from the aftermarket service of the product.

Technavio's report, T&M market in South Korea 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 vendors

* Fluke Corp.
* Keysights Technologies, Inc.
* Rohde & Schwarz GmbH
* Tektronix, Inc.
* Yokogawa Electric Corp.

Other prominent vendors

* Anite
* Tessco Technologies
* Ixia
* Siemens
* EXFO
* National Instruments
* Spirent Corporation

Market driver

* South Korea in semiconductor space
* For a full, detailed list, view our report

Market challenge

* Impact of slow Chinese economy
* For a full, detailed list, view our report

Market trend

* Emergence of 5G network
* 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Fluke Corp., Keysights Technologies, Inc., Rohde & Schwarz GmbH, Tektronix, Inc. Yokogawa Electric Corp, Advantest Corporation, Anritsu, Ixia, National instruments, Qmax Test Equipment SPX

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