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With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
The recovery process involves various phases including:
- Recognizing the existing business model
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- Conceptualize scenario-based planning to mitigate future crisis situations.
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Top 3 Vendor Analysis of General Purpose Test Equipment (GPTE) Market
Advantest Corp.
The company offers general purpose hardware instruments such as 500MDM digital module and the DPS32A power supply module to boost the capabilities of its T2000 test platform for a variety of applications such as system on a chip (SoC) devices, power-management ICs, automotive devices, and CMOS image sensors.
Danaher Corp.
The company offers test equipment for industries such as Life sciences, Environmental and applied solutions, and diagnostics.
Lauterbach GmbH
The company offers system trace which is a hardware module on a SoC that enables the developer to output predefined hardware or software messages without affecting the run time behavior of the system.
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General Purpose Test Equipment (GPTE) Market 2021-2025: Segmentation
General purpose test equipment (GPTE) market is segmented as below:
- Product
- Oscilloscope
- Spectrum Analyzer
- Signal Generator
- Network Analyzer
- Other Products
- End-user
- Communication
- Industrial
- Aerospace And Defense
- Electronics And Semiconductor
- Others
- Geography
- APAC
- North America
- Europe
- South America
- MEA
The general purpose test equipment (GPTE) market is driven by the growing demand from end-user industries. In addition, the advent of integrated Industry 4.0 and Quality 4.0 with IoT is expected to trigger the general purpose test equipment (GPTE) market toward witnessing a CAGR of over 4% during the forecast period.
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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