Test and Measurement Equipment Market by Product Type (General-purpose Test Equipment and Mechanical Test Equipment), Service Type (Calibration Services and Repair/After-sales Services), Vertical and Region - Global Forecast to 2028
The test and measurement equipment market is projected to reach USD 42.9 billion by 2028 from USD 34.3 billion in 2023, at a CAGR of 4.6% from 2023 to 2028.
Repair/ After-sales services is expected to grow at the highest growth rate in test and measurement equipment services market during the forecast period
Almost all the companies provide repair services to its customer for instance Keysight Technologies helps to restore equipment with its original specifications and smooth working condition, the access to diagnostic guidelines, firmware updates, verification software, test fixtures and service notes is available to our qualified technicians. As well as companies like Fluke, Rohde & Schwarz, Anritsu and Yokogawa Electric also provide after sales and repair services. Market participants in this industry also provide training and development initiatives to their customers or end users. These training programs aim to enhance users' comprehension of the technical and operational aspects, enabling them to minimize error rates. For example, Yokogawa Electric delivers training programs covering fundamental concepts, practical applications, control technologies, and maintenance. Similarly, Rohde & Schwarz offers a range of services, including repair, warranty extension, repair packages, express repair, and spare parts, as part of its comprehensive repair services.
North America is holds the second highest market share in 2022
The region demonstrates a proactive approach in adopting cutting-edge technologies at an early stage. The growth of the market in this region is primarily driven by the substantial presence of test and measurement equipment manufacturers in the United States. These industry players allocate significant resources to research and development (R&D) endeavors, enabling them to deliver innovative solutions within the market. For instance in February 2023, TCS (tata consultancy services) signs an expansion agreement with Keysight Technologies, with that TCS will work with Keysight to develop an enterprise-wide integrated IT services strategy that covers apps, complete IT infrastructure services, and workplace services. In line with the press release, Keysight will be able to easily capture synergies across the value with the help of a new operating model, which will also improve company agility and operational resilience. The company will be able to innovate more quickly because of this programme as it brings improvements in design, emulation, and test solutions.
Whereas Fortive has come in the partnership with the Pioneer Square Labs with the purpose to create Team sense, it is the first company to form by their joint innovation studio. This studio was established to introduce new companies in the industrial technology space from scratch.
The break-up of profile of primary participants in the Test and measurement equipment market-
By Company Type: Tier 1 – 30%, Tier 2 – 50%, Tier 3 – 20%
By Designation Type: C Level – 25%, Director Level – 35% , Others – 40%
By Region Type: North America – 35%, Europe – 30%, Asia Pacific – 25%, Rest of the World – 10%
The major players of Test and measurement equipment market are Yokogawa Electric (Japan), Keysight Technologies (US), Rohde & Schwarz (Germany), Fortive (US), Anritsu (Japan), Advantest (Japan), National Instruments (US), EXFO (Canada), VIAVI Solutions (US), OWON Technology (China), Teledyne Technologies (US), GW Instek (Taiwan), AMETEK (US), ADLINK Technology (Taiwan), Leader Instruments (US), RIGOL Technologies (China), Dynamic Signal (US) among others.
Research Coverage
The report segments the test and measurement equipment market and forecasts its size based on instrument, sampling techniques, application, and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall test and measurement equipment market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
Analysis of key drivers, restraints, opportunities, and challenges influencing the growth of the Test and measurement equipment market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the Test and measurement equipment market
Market Development: Comprehensive information about lucrative markets – the report analyses the Test and measurement equipment market across varied regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Test and measurement equipment market
Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Fortive (US), National Instruments (US), Keysight Technologies (US), Teledyne Technologies (US), and Rohde & Schwarz (Germany).
- 1 Introduction
- 1.1 Study Objectives
- 1.2 Market Definition
- 1.3 Study Scope
- 1.3.1 Markets Covered
- Figure 1 Test And Measurement Equipment Market Segmentation
- 1.3.2 Regional Scope
- 1.3.3 Years Considered
- 1.4 Currency Considered
- 1.5 Unit Considered
- 1.6 Limitations
- 1.7 Stakeholders
- 1.8 Summary Of Changes
- 1.8.1 Impact Of Recession
- 2 Research Methodology
- 2.1 Research Data
- Figure 2 Test And Measurement Equipment Market: Research Design
- 2.1.1 Secondary Data
- 2.1.1.1 Key Data From Secondary Sources
- 2.1.1.2 Key Secondary Sources
- 2.1.2 Primary Data
- 2.1.2.1 Key Data From Primary Sources
- 2.1.2.2 Key Participants Across Test And Measurement Equipment Value Chain
- 2.1.2.3 Breakdown Of Primary Interviews
- 2.1.2.4 Key Industry Insights
- 2.1.3 Secondary And Primary Research
- 2.2 Market Size Estimation
- Figure 3 Market Size Estimation Methodology—approach 1 (Supply Side): Revenue Generated By Key Players In Test And Measurement Equipment Market
- Figure 4 Market Size Estimation Methodology—approach 2 (Supply Side): Illustration Of Revenue Estimation Of Key Players In Test And Measurement Equipment Market
- Figure 5 Market Size Estimation Methodology—approach 3 (Demand Side): Test And Measurement Equipment Market Based On Region
- 2.2.1 Bottom-up Approach
- 2.2.1.1 Approach To Derive Market Size Using Bottom-up Analysis
- Figure 6 Market Size Estimation Methodology: Bottom-up Approach
- 2.2.2 Top-down Approach
- 2.2.2.1 Approach To Derive Market Size Using Top-down Analysis
- Figure 7 Market Size Estimation Methodology: Top-down Approach
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- Figure 8 Data Triangulation
- 2.5 Risk Assessment
- Table 1 Risk Factor Analysis
- 2.5.1 Recession Impact
- 2.6 Research Assumptions And Limitations
- 2.6.1 Assumptions
- 2.6.2 Limitations
- 3 Executive Summary
- 3.1 Test And Measurement Equipment Market: Recession Impact
- Figure 9 Impact Of Recession
- Figure 10 Calibration Services Segment To Hold Largest Share Of Test And Measurement Equipment Market In 2023
- Figure 11 General-purpose Test Equipment To Exhibit Highest Cagr During Forecast Period
- Figure 12 Industrial Vertical To Dominate Test And Measurement Equipment Market During Forecast Period
- Figure 13 Asia Pacific Held Largest Market Share Of Test And Measurement Equipment Market In 2022
- 4 Premium Insights
- 4.1 Attractive Opportunities For Players In Test And Measurement Equipment Market
- Figure 14 Increased Demand For Improved Medical Devices To Drive Test And Measurement Equipment Market
- 4.2 Asia Pacific Test And Measurement Equipment Market, By Product Type And Country
- Figure 15 Gpte Segment And China Held Largest Shares Of Asia Pacific Test And Measurement Equipment Market In 2022
- 4.3 Test And Measurement Equipment Market, By Product Type
- Figure 16 General-purpose Test Equipment (Gpte) Segment To Dominate Test And Measurement Equipment Market From 2023 To 2028
- 4.4 Test And Measurement Equipment Market, By Gpte
- Figure 17 Power Meters Segment To Register Highest Cagr In Test And Measurement Equipment Market For Gpte From 2023 To 2028
- 4.5 Test And Measurement Equipment Market, By Service Type
- Figure 18 Calibration Services Segment To Hold Largest Market Share During Forecast Period
- 4.6 Test And Measurement Equipment Market, By Country
- Figure 19 India To Record Highest Cagr In Test And Measurement Equipment Market During Forecast Period
- 5 Market Overview
- 5.1 Introduction
- 5.2 Market Dynamics
- Figure 20 Test And Measurement Equipment Market: Drivers, Restraints, Opportunities, And Challenges
- 5.2.1 Drivers
- 5.2.1.1 Growing Adoption Of Electronic Devices
- 5.2.1.2 Increasing Demand For Modular Instruments
- 5.2.1.3 Surging Deployment Of Advanced Networking And Communication Technologies
- 5.2.1.4 Rising Demand For High-performance And Power-efficient Electronic Devices
- 5.2.1.5 Increased Need For Interoperability Testing Owing To Growing Deployment Of Iot And Connected Devices
- 5.2.1.6 Strict Regulatory Standards Imposed By Governments To Ensure Product Safety And Environmental Protection
- Figure 21 Test And Measurement Equipment Market Drivers: Impact Analysis
- 5.2.2 Restraints
- 5.2.2.1 High Installation And Ownership Costs And Requirement For Skilled Professionals
- 5.2.2.2 Adoption Of Test And Measurement Equipment On Rental Basis
- Figure 22 Test And Measurement Equipment Market Restraints: Impact Analysis
- 5.2.3 Opportunities
- 5.2.3.1 Advent Of 5g Technology And Deployment Of Lte And Lte-advanced (4g) Networks
- 5.2.3.2 Penetration Of Iot Devices
- 5.2.3.3 Growing Adoption Of Breakthrough Technologies Worldwide
- Figure 23 Test And Measurement Equipment Market Opportunities: Impact Analysis
- 5.2.4 Challenges
- 5.2.4.1 Difficulties Faced By Vendors In Keeping Up With Constantly Changing Technologies
- 5.2.4.2 Calibration Issues, Irregularity, And Complexity Issues In Antenna Arrays
- Figure 24 Test And Measurement Equipment Market Challenges: Impact Analysis
- 5.3 Value Chain Analysis
- Figure 25 Value Chain Analysis: Test And Measurement Equipment Market
- 5.3.1 Research And Development Engineers
- 5.3.2 Product Manufacturers And System Integrators
- 5.3.3 Verticals And Marketing & Sales
- 5.4 Revenue Shift And New Revenue Pockets For Test And Measurement Equipment Market Players
- Figure 26 Revenue Shift And New Revenue Pockets For Players In Test And Measurement Equipment Market
- 5.5 Market Map/Market Ecosystem
- Table 2 Test And Measurement Equipment Market: Ecosystem
- Figure 27 Key Players In Test And Measurement Equipment Market
- 5.6 Price Trend Analysis
- Figure 28 Asp Trends Of Oscilloscopes, Spectrum Analyzers, Network Analyzers, And Signal Generators
- 5.6.1 Average Selling Price Of Products Offered By Key Players
- Figure 29 Average Selling Price Of 3 Products Offered By 3 Key Players
- Table 3 Average Selling Price Of 3 Products By 3 Key Players
- 5.7 Technology Analysis
- 5.7.1 Commercialization Of Iot Technology
- 5.7.2 Inclination Toward Adoption Of Test And Measurement Equipment On Rental Basis
- 5.7.3 Trend Of Modular Test Instruments
- 5.7.4 Emergence Of 5g Network
- 5.8 Porter’s Five Forces Analysis
- Figure 30 Porter’s Five Forces Analysis
- Table 4 Porter’s Five Forces Analysis With Their Impact
- 5.8.1 Threat Of New Entrants
- 5.8.2 Threat Of Substitutes
- 5.8.3 Bargaining Power Of Suppliers
- 5.8.4 Bargaining Power Of Buyers
- 5.8.5 Intensity Of Competitive Rivalry
- 5.9 Key Stakeholders And Buying Criteria
- 5.9.1 Key Stakeholders In Buying Process
- Figure 31 Influence Of Stakeholders On Buying Process For Top 3 Applications
- Table 5 Influence Of Stakeholders On Buying Process For Top 3 Applications (%)
- 5.9.2 Buying Criteria
- Table 6 Key Buying Criteria For Top 3 Applications
- 5.10 Case Study Analysis
- 5.10.1 Test And Measurement Equipment For Antenna Module Manufacturer
- Table 7 Keysight Helped Accelerate 5g Mm Wave Development
- 5.10.2 Test And Measurement Equipment For Semiconductors And Electronics
- Table 8 Keysight Noise Analyzer Implements Samsung Foundry
- 5.10.3 Test And Measurement Equipment For Telecommunications
- Table 9 Converge Ict Solutions Use Exfo Ox1 To Fix Fiber Faults
- 5.11 Trade Analysis
- Figure 32 Country-wise Export Data For Products Classified Under Hs Code 9030, 2017–2021
- Table 10 Export Scenario For Hs Code 9030-compliant Products, By Country, 2017–2021 (Usd Thousand)
- Figure 33 Country-wise Import Data For Products Classified Under Hs Code 9030, 2017–2021
- Table 11 Import Scenario For Hs Code 9030-compliant Products, By Country, 2017–2021 (Usd Thousand)
- 5.12 Patent Analysis
- 5
- .12.1 Document Type
- Table 12 Patents Filed
- Figure 34 Patents Filed From 2013 To 2022
- 5.12.2 Publication Trend
- Figure 35 No. Of Patents Filed Each Year From 2013 To 2022
- 5.12.3 Jurisdiction Analysis
- Figure 36 Jurisdiction Analysis
- 5.12.4 Top Patent Owners
- Figure 37 Top 10 Companies In Terms Of Published Patent Applications From 2013 To 2022
- Table 13 Top 20 Published Patent Owners In Last 10 Years
- 5.14.1 Region-wise Regulatory Analysis
- Table 16 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
- Table 17 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
- Table 18 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
- Table 19 Row: List Of Regulatory Bodies, Government Agencies, And Other Organizations
- 5.14.2 Government Regulations
- 5.14.2.1 Canada
- 5.14.2.2 Us
- 5.14.2.3 Europe
- 5.14.2.4 Asia Pacific
- 6.2.1 Oscilloscopes
- 6.2.1.1 Wide Use Of Oscilloscopes To Carry Out High-speed Testing
- 6.2.2 Signal Generators
- 6.2.2.1 Increased Demand For Signal Generators In Different Verticals
- 6.2.3 Multimeters
- 6.2.3.1 High Adoption Of Multimeters For High Accuracy
- 6.2.4 Logic Analyzers
- 6.2.4.1 Greater Reliance On Logic Analyzers To Debug Digital Hardware And Embedded Software
- 6.2.5 Spectrum Analyzers
- 6.2.5.1 Deployment Of Spectrum Analyzers To Measure Critical Parameters For Communication
- 6.2.6 Bert
- 6.2.6.1 Rising Implementation Of Bert Solutions To Test Digital Communication Circuits
- 6.2.7 Network Analyzers
- 6.2.7.1 Effective Use Of Network Analyzers In R&D And Production Stages
- 6.2.8 Power Meters
- 6.2.8.1 Surge In Demand For Power Meters For Testing Output Power In It & Telecommunications
- 6.2.9 Electronic Counters
- 6.2.9.1 High Adoption Of Electronic Counters To Display Batch Counting, Numeric Positioning, And Coil Winds
- 6.2.10 Modular Instruments
- 6.2.10.1 Technology Convergence And Device Complexity To Drive Need For Modular Architecture
- 6.2.11 Automated Test Equipment (Ate)
- 6.2.11.1 High Utilization Of Automated Test Equipment To Reduce Manufacturing Time
- 6.2.12 Power Supplies
- 6.2.12.1 Increased Need To Control Higher Degree Of Load To Create Demand For Power Supplies
- 6.3.1 Non-destructive Test Equipment
- 6.3.1.1 Mature Market For Non-destructive Test Equipment In Industrial Sector
- 6.3.2 Machine Vision Inspection Systems
- 6.3.2.1 Use Of Machine Vision Primarily In Manufacturing And Quality Control
- 6.3.3 Machine Condition Monitoring Systems
- 6.3.3.1 Importance Of Machine Condition Monitoring Systems In Predictive Maintenance Programs
- 7.2.1 Need For Calibration Services To Compare Actual Performance With Standard Performance
- Table 46 Calibration Services: Test And Measurement Equipment Market, By Vertical, 2019–2022 (Usd Million)
- Table 47 Calibration Services: Test And Measurement Equipment Market, By Vertical, 2023–2028 (Usd Million)
- 7.3.1 Requirement For Repair/After-sales Services To Retain Product Quality
- Table 48 Repair Services/After-sales Services: Test And Measurement Equipment Market, By Vertical, 2019–2022 (Usd Million)
- Table 49 Repair Services/After-sales Services: Test And Measurement Equipment Market, By Vertical, 2023–2028 (Usd Million)
- 7.4.1 Asset Management
- 7.4.1.1 Outsourcing Of Asset Management Services To Ensure Total Technical Compliance
- 7.4.2 Consulting And Training
- 7.4.2.1 Implementation And Optimization Of Industrial Processes By Opting For Consulting And Training Services
- 7.4.3 Climatic Product Testing
- 7.4.3.1 Use Of Climate Product Testing Services To Confirm Effective Functioning Of Products Even Under Extreme Climatic Conditions
- 7.4.4 Environment Product Testing
- 7.4.4.1 Adoption Of Environment Product Testing Techniques To Ensure Endurance Of Products Under Different Environmental Conditions
- 7.4.5 Shock Testing
- 7.4.5.1 Requirement For Shock Testing Services For Products Designed For Consumer And Military Application
- 7.4.6 Extended Premium Plans
- 7.4.6.1 Availability Of Extended Premium Plans To Offer Extra Protection And Extend Warranty Period Of Products
- Table 50 Other Services: Test And Measurement Equipment Market, By Vertical, 2019–2022 (Usd Million)
- Table 51 Other Services: Test And Measurement Equipment Market, By Vertical, 2023–2028 (Usd Million)
- 8.2.1 Integration Of Advanced Electronic Systems In Vehicles To Boost Demand For Test And Measurement Equipment
- Table 54 Automotive & Transportation: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 55 Automotive & Transportation: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 56 Automotive & Transportation: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 57 Automotive & Transportation: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 58 Automotive & Transportation: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 59 Automotive & Transportation: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 8.3.1 Concerns Regarding Safety And Reliability Of Air Traffic Control Systems To Increase Need For Test And Measurement Equipment
- Table 60 Aerospace & Defense: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 61 Aerospace & Defense: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 62 Aerospace & Defense: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 63 Aerospace & Defense: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 64 Aerospace & Defense: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 65 Aerospace & Defense: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 8.4.1 Growing Usage Of Wireless Technologies To Increase Demand For Test And Measurement Equipment
- Table 66 It & Telecommunications: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 67 It & Telecommunications: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 68 It & Telecommunications: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 69 It & Telecommunications: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 70 It & Telecommunications: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 71 It & Telecommunications: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 8.5.1 Increased Demand For General-purpose Test Equipment In Education & Government Vertical To Favor Market Growth
- Table 72 Education & Government: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 73 Education & Government: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 74 Education & Government: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 75 Education & Government: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 76 Education & Government: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 77 Education & Government: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 8.6.1 Improvement In Quality Of Consumer Electronic Devices To Favor Test And Measurement Equipment Market Growth
- Table 78 Electronics & Semiconductor: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 79 Electronics & Semiconductor: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 80 Electronics & Semiconductor: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 81 Electronics & Semiconductor: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 82 Electronics & Semiconductor: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 83 Electronics & Semiconductor: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 8.7.1 Use Of Test And Measurement Equipment At Different Product Cycles To Drive Market
- Table 84 Industrial: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 85 Industrial: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 86 Industrial: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 87 Industrial: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 88 Industrial: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 89 Industrial: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 8.8.1 Need For Effective And Precise Medical Devices To Increase Demand For Test And Measurement Equipment
- Table 90 Healthcare: Test And Measurement Equipment Market, By Type, 2019–2022 (Usd Million)
- Table 91 Healthcare: Test And Measurement Equipment Market, By Type, 2023–2028 (Usd Million)
- Table 92 Healthcare: Test And Measurement Equipment Market, By Product Type, 2019–2022 (Usd Million)
- Table 93 Healthcare: Test And Measurement Equipment Market, By Product Type, 2023–2028 (Usd Million)
- Table 94 Healthcare: Test And Measurement Equipment Market, By Service Type, 2019–2022 (Usd Million)
- Table 95 Healthcare: Test And Measurement Equipment Market, By Service Type, 2023–2028 (Usd Million)
- 9.2.1 Us
- 9.2.1.1 Increasing Use Of Communication Test And Measurement Equipment To Supply High-quality Voice, Video, And Data Center Services
- 9.2.2 Canada
- 9.2.2.1 Rising Demand For Broadband Services And Communication Testing
- 9.2.3 Mexico
- 9.2.3.1 Increasing Demand For Compact Cars
- 9.2.4 Impact Of Recession On North American Test And Measurement Equipment Market
- 9.3.1 Germany
- 9.3.1.1 Increased Government Initiatives Supporting Ev Purchase To Propel Test And Measurement Equipment Market Growth
- 9.3.2 Uk
- 9.3.2.1 Increased Demand For Test And Measurement Equipment In Automotive Industry To Support Market Expansion
- 9.3.3 France
- 9.3.3.1 Increasing Use Of Test And Measurement Tools In Aerospace & Defense To Facilitate Market Growth
- 9.3.4 Italy
- 9.3.4.1 Consumer Electronics Industry To Propel Market Growth
- 9.3.5 Spain
- 9.3.5.1 Growing Demand For Test And Measurement Equipment From It, Telecom, And Industrial Sectors To Drive Market
- 9.3.6 Netherlands
- 9.3.6.1 Booming It, Telecom, And Industrial Manufacturing Verticals To Help Revive Demand For Test And Measurement Equipment
- 9.3.7 Rest Of Europe
- 9.3.8 Impact Of Recession On European Test And Measurement Equipment Market
- 9.4.1 China
- 9.4.1.1 Increased Demand From Consumer Electronics And Industrial Verticals To Drive Market
- 9.4.2 Japan
- 9.4.2.1 Expanding Consumer Goods, Medical Devices, And It & Telecommunications Industries To Increase Need For Test And Measurement Equipment
- 9.4.3 India
- 9.4.3.1 Government Initiatives To Support Market Growth
- 9.4.4 South Korea
- 9.4.4.1 Increasing Adoption Of Test And Measurement Equipment By Manufacturers Of Electronics And Semiconductors To Contribute To Market Growth
- 9.4.5 Australia
- 9.4.5.1 It, Automotive, And Telecommunications Service Providers To Increase Usage Of Test And Measurement Equipment
- 9.4.6 Singapore
- 9.4.6.1 Growing Focus On Improving Product Quality And High Standard Of Living To Lead To Market Growth
- 9.4.7 Rest Of Asia Pacific
- 9.4.8 Impact Of Recession On Asia Pacific Test And Measurement Equipment Market
- 9.5.1 South America
- Table 122 South America: Test And Measurement Equipment Market, By Country, 2019–2022 (Usd Million)
- Table 123 South America: Test And Measurement Equipment Market, By Country, 2023–2028 (Usd Million)
- 9.5.1.1 Brazil
- 9.5.1.1.1 Growing Semiconductor Industry To Increase Revenue Of Test And Measurement Equipment Providers
- 9.5.1.2 Argentina
- 9.5.1.2.1 Use Of Wireless Communication Technologies And Rising Demand For Better Medical Equipment To Drive Market Expansion
- 9.5.1.3 Rest Of South America
- 9.5.2 Middle East & Africa
- Table 124 Middle East & Africa: Test And Measurement Equipment Market, By Country, 2019–2022 (Usd Million)
- Table 125 Middle East & Africa: Test And Measurement Equipment Market, By Country, 2023–2028 (Usd Million)
- 9.5.2.1 Saudi Arabia
- 9.5.2.1.1 Increased Demand In Healthcare Sector To Boost Market Growth
- 9.5.2.2 United Arab Emirates (Uae)
- 9.5.2.2.1 Positive Encouragement From Government To Show Substantial Market Development During Forecast Period
- 9.5.2.3 Rest Of Middle East & Africa
- 9.5.3 Impact Of Recession On Row Test And Measurement Equipment Market
- 10.2.1 Product Portfolio
- 10.2.2 Regional Focus
- 10.2.3 Manufacturing Footprint
- 10.2.4 Organic/Inorganic Strategies
- 10.5.1 Stars
- 10.5.2 Emerging Leaders
- 10.5.3 Pervasive Players
- 10.5.4 Participants
- Figure 52 Test And Measurement Equipment Market: Key Company Evaluation Quadrant, 2022
- 10.7.1 Progressive Companies
- 10.7.2 Responsive Companies
- 10.7.3 Dynamic Companies
- 10.7.4 Starting Blocks
- Figure 53 Test And Measurement Equipment: Startups/Smes Evaluation Quadrant, 2022
- Table 130 Test And Measurement Equipment Market: Detailed List Of Key Startups/Smes
- Table 131 Test And Measurement Equipment Market: Competitive Benchmarking Of Key Startup/Smes
- 10.8.1 Product Launches
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