Asia Pacific Renting and Leasing Test and Measurement Equipment Market
Asia-Pacific renting and leasing test and measurement equipment market is expected to reach USD 2.08 billion by 2031 from USD 1.40 billion in 2023, growing with a CAGR of 5.2% in the forecast period of 2024 to 2031.
Asia-Pacific Renting and Leasing Test and Measurement Equipment Market, By Offering (Hardware and Services), Component (Cable Assemblies, Connectors, Value Added Accessories, and Others), System Type (Sensing System, Connectivity System, Safety & Security System, Human Machine Interface (HMI), Power & Energy Management System, Motor Control System, and Lighting System), Type (Rent and Lease), Features (Diagnostic Equipment, Electrical Sensing, Metering ICS, and Others), End-User (IT & Telecommunication, Automotive, Aerospace & Defense, Industrial, Consumer Electronics, Energy & Utilities, medical Equipment, and Others), Countries (Japan, China, South Korea, India, Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Taiwan, Vietnam, and Rest of Asia-Pacific) – Industry Trends and Forecast to 2031
Overview of the Asia-Pacific renting and leasing test and measurement equipment market dynamics:Driver
• Increasing maintenance of support services reduces operational burden
Restraint
• Requirement of significant financial outlay
Opportunity
• Partnership & collaboration with technology providers
Market Players
The key player of Asia-Pacific renting and leasing test and measurement equipment market are listed below:
• Siemens
• Keysight Technologies
• Rohde & Schwarz
• Fortive
• Emerson Electric Co.
• Texas Instruments Incorporated
• ADVANTEST CORPORATION
• Viavi Solutions
• Yokogawa Electric Corporation
• STMicroelectronics
• Learnado DRS
• General electric company
• Anritsu
• EXFO Inc.
• Megger
• ADLINK Technology Inc.
• electrorent com.Inc
• Good Will Instrument Co, Ltd
• Leader Electronics of Europe Limited (A Subsidiary of Leader Electronics Corporation)
• Doble Engineering Company
• Saluki Technology
• FLUKE NETWORKS
• DS INSTRUMENTS