Press release
Test & Measurement Equipment Market growth in UK at a CAGR of 1.9%
UK market to grow at 1.9% in test and measurement equipment market.
Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116452716&utm_source=Openpr&utm_medium=Refferal&utm_campaign=UK
The United Kingdom (UK) has a substantial demand for test and measurement equipment utilized in the inspection and monitoring of semiconductor devices used across various sectors, including aerospace and defense, consumer electronics, and automotive applications. In April 2020, the UK witnessed a significant decline in new vehicle sales, plummeting by approximately 97% compared to the previous year, as reported by the Society of Motor Manufacturers and Traders (SMMT). Although the country made efforts to recover in October 2020, a second lockdown imposed in November 2020 to mitigate the spread of the virus resulted in another downturn in sales. This, in turn, directly impacted the demand for test and measurement equipment in the past year. However, with the automotive industry undergoing a radical transformation towards electrification, new opportunities for revenue generation are on the horizon. For example, the European Union, a major market for automobile exports, is poised to ban the sale of new petrol and diesel vehicles by 2030, which will influence the demand for test and measurement equipment related to traditional engines. Conversely, this shift will foster increased usage of such equipment in the development of hybrid and electric vehicles in the near future.
Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=116452716&utm_source=Openpr&utm_medium=Refferal&utm_campaign=UK
A conference is scheduled for July 11, 2023, wherein GSMA M360 UK will convene security experts from diverse industries. The aim is to facilitate the exchange of best practices for modernizing sectors such as aviation, automotive, banking, fintech, manufacturing, and telecommunications, all while securely harnessing the advantages of 5G technology. The conference will delve into the most recent advancements in establishing trust and identity, secure implementation of IoT technologies, the significance of eSIM, and the effective management of the broader threat landscape within these industries.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116452716&utm_source=Openpr&utm_medium=Refferal&utm_campaign=UK
The United Kingdom (UK) has a substantial demand for test and measurement equipment utilized in the inspection and monitoring of semiconductor devices used across various sectors, including aerospace and defense, consumer electronics, and automotive applications. In April 2020, the UK witnessed a significant decline in new vehicle sales, plummeting by approximately 97% compared to the previous year, as reported by the Society of Motor Manufacturers and Traders (SMMT). Although the country made efforts to recover in October 2020, a second lockdown imposed in November 2020 to mitigate the spread of the virus resulted in another downturn in sales. This, in turn, directly impacted the demand for test and measurement equipment in the past year. However, with the automotive industry undergoing a radical transformation towards electrification, new opportunities for revenue generation are on the horizon. For example, the European Union, a major market for automobile exports, is poised to ban the sale of new petrol and diesel vehicles by 2030, which will influence the demand for test and measurement equipment related to traditional engines. Conversely, this shift will foster increased usage of such equipment in the development of hybrid and electric vehicles in the near future.
Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=116452716&utm_source=Openpr&utm_medium=Refferal&utm_campaign=UK
A conference is scheduled for July 11, 2023, wherein GSMA M360 UK will convene security experts from diverse industries. The aim is to facilitate the exchange of best practices for modernizing sectors such as aviation, automotive, banking, fintech, manufacturing, and telecommunications, all while securely harnessing the advantages of 5G technology. The conference will delve into the most recent advancements in establishing trust and identity, secure implementation of IoT technologies, the significance of eSIM, and the effective management of the broader threat landscape within these industries.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
