Test and Measurement Equipment Market 2018-2024: Fortive Corporation, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Keysight Technologies, Yokogawa Electric Corporation, National Instruments Corporation, EXFO, Inc, Advantest Corporation and Others

According to Market Study Report, Test and Measurement Equipment Market provides a comprehensive analysis of the Test and Measurement Equipment Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Test and Measurement Equipment Market. An exclusive data offered in this report is collected by research and industry experts team.

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The overall test and measurement equipment market is expected to grow from USD 25.7 Billion in 2018 to USD 32.3 Billion by 2024, at a CAGR of 3.90%. This report spread across 189 pages, profiling 11 companies and supported with 72 tables and 57 figures are now available in this research.

Top Key Players profiled in the Test and Measurement Equipment Market:
1. Fortive Corporation(US)
2. Rohde & Schwarz GmbH & Co. KG(Germany)
3. Anritsu Corporation(Japan)
4. Keysight Technologies(US)
5. Yokogawa Electric Corporation (Japan)
6. National Instruments Corporation (US)
7. EXFO Inc. (Canada)
8. Advantest Corporation (Japan)
9. VIAVI Solutions Inc. (US)
10. Teledyne Technologies Inc. (US)
11. Texas Instruments Incorporated (US)

"Automotive and transportation segment projected to lead the test and measurement equipment market during forecast period"
Among the end-use applications considered, automotive and transportation is estimated to be the largest contributor to the overall test and measurement equipment market in2018. The increasing number of automotive manufacturing hubs in the world implementing advanced automation technologies for production is expected to boost the demand for test and measurement equipment offerings. Additionally, Ethernet (IEEE 802.3) is a widely used protocol in automotive manufacturing.

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"General purpose test equipment segment to grow at the highest CAGR in the test and measurement equipment market during forecast period"
The general purpose test equipment segment includes oscilloscopes, signal generators, digital multimeters, logic analyzers, spectrum analyzers, Bit Error Rate Tester (BERT), network analyzers, power meters, electronic counters, modular instrumentation, Automated Test Equipment (ATE), and power supplies. The characteristics of the aforementioned types of equipment include large size, bulky displays, slightly complicated control systems, and customer user interfaces.

"North America to lead the test and measurement equipment market"
The test and measurement equipment market, by geography, has been broadly classified into North America, Europe, APAC, and RoW. In terms of value, North America is estimated to account for the largest share of the market in 2018owing to the fact that a majority of the leading industry players have a presence in this region. The market in APAC is expected to grow at the highest CAGR between 2018 and 2024. The governments of Asian countries, such as Japan, China, and India are undertaking initiatives to encourage industries to establish manufacturing and R&D facilities in their countries.

Breakdown of primary participants' profile:
1. By Company Type: Tier 1 =27%, Tier 2 =41%, and Tier 3 =32%
2. By Designation: C-Level Executives =26%, Manager Level=40%, and Others =34%
3. By Region: North America = 47%, Europe = 28%, APAC =19%, and RoW=6%

Competitive Landscape of Test and Measurement Equipment Market:
1 Introduction
2 Market Ranking Analysis: Test and Measurement Equipment Market
3 Competitive Situations and Trends
3.1 Product/Solution Launches
2 Partnerships/Collaborations
3.3 Acquisitions

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Reason to access this report:
The report will help leaders/new entrants in this market by providing information on the closest approximations of the revenue numbers for the overall test and measurement equipment market and its subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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