LXI Test Market
World LXI Test and Measurement Equipment Markets, a recent research report (December 2008) from Frost & Sullivan forecasted a growth rate for the LXI test market that far exceeds the overall test market going forward. F&S reported that the worldwide LXI-enabled test and measurement (T&M) equipment market generated $220.0 million in sales in 2007, which represents an 83.3 percent increase over 2006. The report also included a forecast that the size of the world LXI market will grow as large as $650.0 million by 2012 at a compound annual growth rate of 24.2 percent. These numbers are in sharp contrast with the predicted growth in sales for GPIB instrumentation, which likely will be limited to just 3-4 percent a year in growth.
Read more about this topic: LAN EXtensions For Instrumentation
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