Frost & Sullivan: Investments in Communications Infrastructure to Propel Demand for Test & Measurement Equipment in Latin America

Frost & Sullivan: Investments in Communications Infrastructure to Propel Demand for Test & Measurement Equipment in Latin America PR Newswire BUENOS AIRES, Argentina, Sept. 6, 2012 - Upgrades of 2G and 3G technologies to 4G across Latin America and Upcoming Sporting Events in Brazil Drive Demand for General Purpose Test Equipment BUENOS AIRES, Argentina, Sept. 6, 2012 /PRNewswire/ -- Latin America is one of the emerging regions expected to fuel the growth of the general purpose test equipment industry in the foreseeable future. However, long sales cycles and tight budgets (especially for high-end test equipment), uncertainty concerning capital investments in the region, and a lack of knowledge about test equipment capabilities are expected to curb market growth. Educating customers will be critical to alleviate the impact of these factors on the market. Click here to view the Analysis of Analysis of the Latin American General Purpose Test Equipment Market video and gain access to the online community- http://bit.ly/Qe1nZp Frost & Sullivan Measurement & Instrumentation research finds that the Latin American market for general purpose test equipment reached $75.9 million in revenues in 2011. It is expected to more than double during the 2012 to 2018 forecast period due to investments made in the communications network infrastructure in the region, growing electronics manufacturing and outsourcing activities, and an increased level of education likely to boost R&D activity.