Global Test and Measurement (T&M) Equipment Market Growth 2023-2029

Global Test and Measurement (T&M) Equipment Market Growth 2023-2029

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

LPI (LP Information)' newest research report, the “Test and Measurement (T&M) Equipment Industry Forecast” looks at past sales and reviews total world Test and Measurement (T&M) Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Test and Measurement (T&M) Equipment sales for 2023 through 2029. With Test and Measurement (T&M) Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Test and Measurement (T&M) Equipment industry.

This Insight Report provides a comprehensive analysis of the global Test and Measurement (T&M) Equipment 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 Test and Measurement (T&M) Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Test and Measurement (T&M) Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Test and Measurement (T&M) Equipment 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 Test and Measurement (T&M) Equipment.

The global Test and Measurement (T&M) Equipment market size is projected to grow from US$ 11550 million in 2022 to US$ 14740 million in 2029; it is expected to grow at a CAGR of 14740 from 2023 to 2029.

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 43%, followed byJapan and China.

This report presents a comprehensive overview, market shares, and growth opportunities of Test and Measurement (T&M) Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Biomedical Test Equipment
Calibration Test Equipment
GPTE
Network Test Equipment
Real-Time Test Equipment
Semiconductor Test Equipment
Wireless Test Equipment

Segmentation by application
Automotive
Aerospace & Defense
IT & Telecommunications
Education & Government
Semiconductor & Electronics
Industrial
Healthcare

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 analyzing the company's coverage, product portfolio, its market penetration.
Anritsu
Fluke
Keysight Technologies
Rohde & Schwarz
Tektronix

Key Questions Addressed in this Report

What is the 10-year outlook for the global Test and Measurement (T&M) Equipment market?

What factors are driving Test and Measurement (T&M) Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Test and Measurement (T&M) Equipment market opportunities vary by end market size?

How does Test and Measurement (T&M) Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.