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South East Asia Used and Rental Test Equipment Market will grow

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Used and Rental General Purpose Test Equipment Market in Southeast Asia - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-04 06:25:02
The total used and rental general purpose test equipment market in Southeast Asia (SEA) is expected to grow.The used test equipment segment is more established in SEA; while the rental test equipment segment is still nascent due to the prevailing notion that equipment needs to be purchased anew. This trend is expected to change with growing awareness on rental options. The expansion of manufacturing and development activities in SEA is an important driver of the market. Uncertain economic conditions, at both regional and global levels, have forced customers to minimise costs on capital expenditure. Hence, they are seeking out for alternatives such as refurbished test equipment and rented test equipment. Strong customer support, fast turn-around time, and better transportation charges are some of the key success factors in this market.


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