Global LCR Meter Market Growth 2025-2031
The global LCR Meter market size is predicted to grow from US$ 1180 million in 2025 to US$ 1497 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.
An LCR meter is a type of test equipment that is used to measure the inductance, capacitance, and resistance (LCR) of an electronic device. The simple version of this instrument can measure the impedance internally and convert it to the corresponding capacitance or inductance value for display purposes.
Global LCR Meter key players include Keysight Technologies, GW Instek, Mastech Group, Shanghai Yihua V&A Instrument, Extech Instruments (FLIR), etc. Global top five manufacturers hold a share over 20%.
China is the largest market, with a share about 25%, followed by Europe, and North America, both have a share about 40 percent.
In terms of product, Handheld LCR Meter is the largest segment, with a share nearly 60%. And in terms of application, the largest application is Laboratories, followed by Electrical Related, etc.
LP Information, Inc. (LPI) ' newest research report, the “LCR Meter Industry Forecast” looks at past sales and reviews total world LCR Meter sales in 2024, providing a comprehensive analysis by region and market sector of projected LCR Meter sales for 2025 through 2031. With LCR Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LCR Meter industry.
This Insight Report provides a comprehensive analysis of the global LCR Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LCR Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LCR Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LCR Meter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LCR Meter.
This report presents a comprehensive overview, market shares, and growth opportunities of LCR Meter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Handheld LCR Meter
Benchtop LCR Meter
Segmentation by Application:
Electrical Related Industries
Laboratories
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Keysight Technologies
B&K Precision Corporation
Fluke Corporation
Hioki
Extech Instruments (FLIR)
IET Labs
Chroma
Global Specialties (Cal Test Electronics)
PCE Instruments
Wayne Kerr Electronics
GW Instek
Rohde & Schwarz
Mastech Group
NF Corporation
Duncan Instruments
MECO Instruments
Newtons4th
TECPEL
Sanwa Electric Instruments
TEGAM
Beha-Amprobe
Shanghai Yihua V&A Instrument
Tonghui
Applent
Key Questions Addressed in this Report
What is the 10-year outlook for the global LCR Meter market?
What factors are driving LCR Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LCR Meter market opportunities vary by end market size?
How does LCR Meter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.