Test & Measurement Equipment Market Intelligence Report - Global Forecast to 2027

Test & Measurement Equipment Market Intelligence Report - Global Forecast to 2027

The Global Test & Measurement Equipment Market is projected to reach USD 33,269.26 million by 2027 from USD 22,817.35 million in 2021, at a CAGR 6.48% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Test & Measurement Equipment Market size was estimated at USD 8,475.38 million in 2021 and expected to reach USD 8,963.10 million in 2022, at a CAGR 6.30% to reach USD 12,230.79 million by 2027.
• The Asia-Pacific Test & Measurement Equipment Market size was estimated at USD 6,150.39 million in 2021 and expected to reach USD 6,679.73 million in 2022, at a CAGR 7.22% to reach USD 9,349.26 million by 2027.
• The Europe, Middle East & Africa Test & Measurement Equipment Market size was estimated at USD 8,191.58 million in 2021 and expected to reach USD 8,614.06 million in 2022, at a CAGR 6.10% to reach USD 11,689.20 million by 2027.

Market Segmentation & Coverage:

The report on test & measurement equipment identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the test & measurement equipment to forecast the revenues and analyze the trends in each of the following sub-markets:

Product Type:

• General-Purpose Test Equipment
  • Bert Solutions
  • Logic Analyzers
  • Multimeters
  • Network Analyzers
  • Oscilloscopes
  • Power Meters
  • Signal Generators
  • Spectrum Analyzers
• Mechanical Test Equipment
  • Machine Condition Monitoring Systems
  • Machine Vision Inspection Systems
  • Non-Destructive Test Equipment

Service Type:

• Asset Management
• Calibration Services
• Climatic Product Testing
• Consulting and Training
• Environment Product Testing
• Extended Premium Plans
• Repair Services/After-Sales Services
• Shock Testing

Vertical:

• Aerospace & Defense
• Education & Government
• Electronics & Semiconductor
• Healthcare
• Industrial
• IT & Telecommunications

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Adlink Technology, Inc.
• Advantest Corporation
• Ametek, Inc.
• Anritsu Corporation
• Astronics Corporation
• Cohu, Inc.
• DS Instruments
• Exfo, Inc.
• Fluke Corporation
• Good Will Instrument Co., Ltd.
• Keysight Technologies, Inc.
• Leader Instruments Corporation
• National Instruments Corporation
• Pickering Interfaces Ltd.
• Rohde & Schwarz GmbH & Co KG
• Saluki Technology Inc.
• Teledyne LeCroy Inc.
• Teradyne Inc.
• Texas Instruments Inc.
• Vaunix Technology Corporation
• Viavi Solutions Inc.
• Vitrek Corporation
• Yokogawa Electric Corporation

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 22,817.35 million

Estimated Year Value: USD 24,256.89 million

Forecast Year Value: USD 33,269.26 million

CAGR (%): 6.48%.

Please Note: PDF & Excel + Online Access - 1 Year