Test and Measurement Equipment Market

The global Test and Measurement Equipment market was valued at US$ 12150 million in 2022 and is projected to reach US$ 18370 million by 2029, at a CAGR of 6.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Test and Measurement equipment comprises tools or instruments that can help analyze, validate, and verify electronic, electrical, and mechanical systems and their output.

Test and Measurement Equipment Market aims to provide a comprehensive presentation of the global market for Test and Measurement Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Test and Measurement Equipment.

Test and Measurement Equipment Market contains market size and forecasts of Test and Measurement Equipment in global, including the following market information:

• Global Test and Measurement Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global top five companies in 2022 (%)

Global test and measurement equipment key players include Keysight, Anritsu, Tektronix, Rohde & Schwarz, Ametek etc. Global top 5 manufacturers hold a share over 30%. North America is the largest market, with a share about 37%, followed byJapan and China. In terms of product, microwave/ millimeter-wave is the largest segment, with a share over 30%. And in terms of application, the largest application is IT & telecommunicationsAutomotive, followed by automotive.

We surveyed the Test and Measurement Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Test and Measurement Equipment Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Test and Measurement Equipment Market Segment Percentages, by Type, 2022 (%)

• Microwave / Millimeter-wave
• Photoelectric
• Communication
• Basic

Global Test and Measurement Equipment Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Test and Measurement Equipment Market Segment Percentages, by Application, 2022 (%)

• Automotive
• Aerospace and Defense
• IT and Telecommunications
• Medical and Pharmaceuticals
• Semiconductor and Electronics
• Industrial
• Others

Global Test and Measurement Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Test and Measurement Equipment Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Test and Measurement Equipment revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Test and Measurement Equipment revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Keysight
• Rohde & Schwarz
• Tektronix
• Teledyne
• National Instruments
• Anritsu
• Viavi
• Ceyear
• Ametek
• Advantest
• Exfo
• Yokogawa Electric
• Gw Instek
• RIGOL
• Transcom Instruments
• SIGLENT
• UNI-T
• Scientech Technologies
• B&K Precision

Outline of Major Chapters:

Chapter 1: Introduces the definition of Test and Measurement Equipment, market overview.

Chapter 2: Global Test and Measurement Equipment market size in revenue.

Chapter 3: Detailed analysis of Test and Measurement Equipment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Test and Measurement Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.