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Test and Measurement Equipment Market Research Report 2024 | Valuates Reports
Test and Measurement Equipment MarketTest and Measurement equipment comprises tools or instruments that can help analyze, validate, and verify electronic, electrical, and mechanical systems and their output.
The global Test and Measurement Equipment market was valued at US$ 11810 million in 2023 and is anticipated to reach US$ 18710 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.
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Global test and measurement equipment key players include Keysight, Anritsu, Tektronix, Rohde & Schwarz, Ametek etc. Global top 5 manufacturers hold a share over 30%. North America is the largest market, with a share about 37%, followed byJapan and China. In terms of product, microwave/ millimeter-wave is the largest segment, with a share over 30%. And in terms of application, the largest application is IT & telecommunicationsAutomotive, followed by automotive.
This report aims to provide a comprehensive presentation of the global market for Test and Measurement Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Test and Measurement Equipment.
Report Scope
The Test and Measurement Equipment market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Test and Measurement Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Test and Measurement Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Key Companies:
Keysight
Anritsu
Tektronix
Rohde & Schwarz
Ametek
Viavi
Teledyne
Ceyear
Advantest
National Instruments
Exfo
Yokogawa Electric
Gw Instek
RIGOL Technologies
Transcom Instrument
Siglent
Uni Trend Technology
Scientech Technologies Pvt. Ltd
B&K Precision
By Type
Microwave/ Millimeter-wave Measuring Instruments
Photoelectric Measuring Instruments
Communication Measuring Instruments
Basic Measuring Instruments
By Application
Automotive
Aerospace & Defense
IT & Telecommunications
Healthcare (Medical & Pharmaceuticals)
Semiconductor & Electronics
Industrial
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