What is Test and Measurement Equipment (T&M)?

Test and Measurement Equipment refers to devices or instruments used to verify, validate, and ensure the performance, quality, and compliance of various electronic and mechanical systems.

How big is Test and Measurement Equipment Market?

The Global Test and Measurement Equipment Market size is expected to be worth around USD 54.2 Billion by 2033, from USD 33.9 Billion in 2023, growing at a CAGR of 4.8% during the forecast period from 2024 to 2033.

Who are the major players in the market?

The major companies covered by the test and measurement equipment market report are Keysight Technologies Inc., Rohde & Schwarz GmbH & Co. KG, Tektronix Inc., Anritsu Corporation, National Instruments Corporation, Fluke Corporation, Advantest Corporation, EXFO Inc., Viavi Solutions Inc., Yokogawa Electric Corporation, TestEquity LLC, GW Instek, Other Key Players

Which technology segment shows the high growth rate of this Market over the forecast period?

In 2023, the Digital Test Equipment segment held a dominant market position within the Test and Measurement Equipment market, capturing more than a 40% share.

Which region dominated the Test and Measurement Equipment market in 2023?

In 2023, Asia-Pacific held a dominant market position in the Test and Measurement Equipment market, capturing more than a 36% share.

Global Test and Measurement Equipment Market By Product Type (Oscilloscopes, Spectrum Analyzers, Multimeters, Signal Generators, Network Analyzers, Power Meters, Electronic Counters, Other Product Types), By Technology (Analog Test Equipment, Digital Test Equipment, Wireless Test Equipment, Other Technologies), By Application (Research and Development, Manufacturing and Installation, Maintenance and Service, Quality Control and Assurance, Other Applications), By Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), By Sales Channel (Direct Sales, Distributors/Wholesalers, Online Retail, Other Sales Channels), By End-User (Telecommunications, Electronics and Semiconductor, Automotive, Aerospace and Defense, Healthcare, Industrial, Energy and Power, Other End-Users), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: April 2024
Report ID: 29498
Number of Pages: 245
Format:

- Keysight Technologies Inc.
- Rohde & Schwarz GmbH & Co. KG
- Tektronix Inc.
- Anritsu Corporation
- National Instruments Corporation
- Fluke Corporation
- Advantest Corporation
- EXFO Inc.
- Viavi Solutions Inc.
- Yokogawa Electric Corporation
- TestEquity LLC
- GW Instek
- Other Key Players
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