Andy Peters said:We can probably count the number of manufacturers of high power audio amplifiers on our hands and toes, which means it's a tiny specialist market, for which no T&M vendor has time or resources to service
There seems to be a vast underestimation of the number of amplifier manufacturers whose gear's power output necessitates the use of external dummy loads. Virtually every receiver, PA system, and basic power amp puts out more than 25 wpc. While the AP S1 provides input termination resistors, they are for 100k/600/150 Ohm inputs, it does not provide them t power amp impedance levels such as 2, 4, 8, and 16 ohms, which are typical of power amps.
Another problem with this approach is that the number of distortion analysis sets sold far more closely tracks the number of dealers worldwide, rather than the number of nationally known manufacturers in the US. Obviously, there are dozens to 100's and perhaps even thousands of dealers (example: Yamaha, Denon, Crown, QSC) for every well known US manufacturer of audio amplifiers. Many dealers themselves have more than one distortion analysis set.
It is well known that the consumer and pro audio manufacturing business is now largely off-shore. A single US brand such as Behringer often uses a number of of contract manufacturing facilities whose names are not well known in the US. Each of these locations is likely to have distortion measuring gear for QC, etc.
Therefore the criteria suggested for estimating the size of the market for distortion measuring equipment wildly understates the actual market.
Simple Google searching shows that there are numerous US test equipment companies that are soliciting purchasers of audio distortion measuring equipment.