Global Test and Measurement Equipment and Systems Market Growth (Status and Outlook) 2024-2030

Global Test and Measurement Equipment and Systems Market Growth (Status and Outlook) 2024-2030

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

This report covers Microwave and Millimeter-wave, Photoelectric, Communication and Basic Test and Measurement Equipment

The global Test and Measurement Equipment and Systems market size is projected to grow from US$ 12580 million in 2024 to US$ 17910 million in 2030; it is expected to grow at a CAGR of 6.1% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Test and Measurement Equipment and Systems Industry Forecast” looks at past sales and reviews total world Test and Measurement Equipment and Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Test and Measurement Equipment and Systems sales for 2023 through 2029. With Test and Measurement Equipment and Systems 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 Equipment and Systems industry.

This Insight Report provides a comprehensive analysis of the global Test and Measurement Equipment and Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Test and Measurement Equipment and Systems 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 Equipment and Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Test and Measurement Equipment and Systems 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 Equipment and Systems.

United States market for Test and Measurement Equipment and Systems is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Test and Measurement Equipment and Systems is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Test and Measurement Equipment and Systems is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Test and Measurement Equipment and Systems players cover Keysight, Rohde & Schwarz, Tektronix, Teledyne, National Instruments（Emerson）, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Test and Measurement Equipment and Systems market by product type, application, key players and key regions and countries.

Segmentation by Type:
Microwave and Millimeter-wave
Photoelectric
Communication
Basic

Segmentation by Application:
Automotive
Aerospace and Defense
IT and Telecommunications
Medical and Pharmaceuticals
Semiconductor and Electronics
Industrial
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

Segmentation by Type:
Microwave and Millimeter-wave
Photoelectric
Communication
Basic

Segmentation by Application:
Automotive
Aerospace and Defense
IT and Telecommunications
Medical and Pharmaceuticals
Semiconductor and Electronics
Industrial
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 analyzing the company's coverage, product portfolio, its market penetration.
Keysight
Rohde & Schwarz
Tektronix
Teledyne
National Instruments（Emerson）
Anritsu
Viavi
Ceyear Technologies
Ametek
Advantest
Exfo
Yokogawa Electric
Gw Instek
RIGOL
Transcom
SIGLENT
UNI-T
Scientech Technologies
B&K Precision

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