Middle East and Africa Renting and Leasing Test and Measurement Equipment Market
Middle East and Africa renting and leasing test and measurement equipment market is expected to reach USD 420.82 million by 2031 from USD 322.82 million in 2023, growing with a CAGR of 3.6% in the forecast period of 2024 to 2031.
Middle East and Africa 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), Counties (U.A.E, Saudi Arabia, South Africa, Egypt, Israel, Bahrain, Oman, Qatar, Kuwait, and Rest of Middle East and Africa) – Industry Trends and Forecast to 2031
Overview of the Middle East and Africa renting and leasing test and measurement equipment market: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 Middle East and Africa 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
• DS INSTRUMENTS