Growth in North American Used and Rental General-Purpose Test Equipment Markets

Strong Demand from the Aerospace and Defense Segment Spearheads Growth in the North American Used and Rental General Purpose Test Equipment Markets

New analysis from Frost & Sullivan, North American Used and Rental General-purpose Test Equipment Markets, finds that the market earned revenues of $605 million in 2009 and estimates this to reach $787 million in 2015.

High availability is one of the prominent factors driving growth in the North American used and rental general-purpose test equipment markets. End users are contemplating rent/lease general-purpose test equipment when the term of requirement is short. The entry of original equipment manufacturers (OEMs) in the used equipment market has certainly enhanced quality standards for used general-purpose test equipment, providing a favorable environment for trading the same. Demand from the aerospace segment has revved up prospects for this market.

New analysis from Frost & Sullivan (testandmeasurement.frost.com), North American Used and Rental General-purpose Test Equipment Markets, finds that the market earned revenues of $605 million in 2009 and estimates this to reach $787 million in 2015. The study covers electronic counters, oscilloscopes, network analyzers, spectrum analyzers, signal generators, power meters, and multimeters. (source www.newswiretoday.com)

Test Equipment Connection offers the widest variety of Refurbished General Purpose Electronic Test Equipment from over 300 Major Manufacturers that include:

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Mike is a finance industry executive with expertise in test, IT and avionics equipment acquisition, resale, residual valuation, leasing, renting and consignment.
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