The test and measurement market is expected to grow at a CAGR of 4% during the forecast period. Growth in the aerospace and defense sector, drivers.2, and drivers.3 are some of the significant factors fueling test and measurement market growth.
Growth in the aerospace and defense sector
Advantest Corp. - Key news
M&A, divestitures, JVs, and partnerships In January 2020, Advantest Corp. completed the acquisition of U.S. company Essai Inc., a supplier of semiconductor final-test, system-level test sockets and thermal control units. Essai had recent annual sales of approximately $100 million. Awards and recognitions In August 2019, Advantest Corp. received a Bosch Group's Global Supplier Award for 2019, earning a global ranking among Bosch's best providers of technology and services.
In March 2019, Advantest Corp. announced that it had won an Excellence Award in the Environmental Report division of the 22nd Environmental Communication Awards, co-sponsored by the Japanese Ministry of the Environment and the Global Environmental Forum. Product launches In July 2019, Advantest Corp. introduced the MPT3000ARC system, the newest member of its MPT3000 product family for testing and debugging solid-state drives.
