Measuring and Control Instruments Market Size, Share, Growth Trends And Outlook Forecast 2024-2033

The new report published by The Business Research Company, titled ""Measuring and Control Instruments Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the measuring and control instruments market size has grown strongly in recent years. It will grow from $831.23 billion in 2023 to $891.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The measuring and control instruments market size is expected to see strong growth in the next few years. It will grow to $1158.54 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.

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Driving Economic Growth Through Smart City Investments
Governments around the world are investing in the creation of smart cities, this is expected to increase the demand for measuring and control instruments for a variety of applications. Smart cities use search, detection, and navigation devices to ensure the safety of the citizens. They also use global positioning systems (GPS), machine-to-machine (M2M) communication, Wi-Fi, and radio frequency identification (RFID) technologies for effective communication. Overall, the smart city experience involves systems and objects interconnected through various technologies, such as local, wide, and wireless networks. The concept of smart cities is also gaining traction in developing nations such as China and India as well as in developed nations such as the EU. For instance, in China and India, almost 300 smart city pilots are currently planned. Further, the EU is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The establishment of smart cities will increase the demand for various types of navigational, measuring, electromedical, and control instruments, boosting the growth of the measuring and control instruments manufacturing market.

Advancements In 3D Microscope Technology Is Enhancing Productivity And Accessibility In Research And Diagnosis
Companies in the measuring and control instruments manufacturing market are investing in the development of new 3D microscopes with the ability to increase productivity and improve diagnosis and research capabilities. 3D microscopes are capable of capturing images from different positions and generating 3D images. These 3D microscopes do not require the specimen to be cut into pieces but preserve the specimen for additional study. For instance, in January 2023, the researchers at the Center for Vision, Automation, and Control at the Austrian Institute of Technology (AIT), an Austria-based research and technology organization (RTO), produced a 3D microscope by the High-Performance Vision Systems. The high-resolution version of inline computational imaging (ICI) technology is microscopy. Inline 3D microscopy can currently employ up to 60 million 3D points/s with scanning rates of up to 12mm per second, which can be achieved with lateral scanning of 700nm/pixel and depth noise of 1m.

The measuring and control instruments market covered in this report is segmented -

1) By Type: Other Electrical Equipment, Electronic Products And Components, Navigational, Measuring, Electro medical And Control Instruments
2) By Mode: Online, Offline
3) By Sales Channel: OEM, Aftermarket
4) By Application: Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals, Other Applications

Subsegments Covered: Carbon And Graphite Product, General Electrical Equipment And Component, Vaporizers, E-Cigarettes, And other Electronic Nicotine Delivery Systems (ENDS), Search, Detection, And Navigation Instruments, Automatic Environmental Control, Industrial Process Variable Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring Device, Magnetic And Optical Media

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Major companies operating in the measuring and control instruments market report are Apple Inc., Yokogawa Electric Corporation, Siemens AG, Thermo Fisher Scientific Inc., Schneider Electric SE, Honeywell International Inc., Jabil Circuit Inc., Compagnie Financiere Richemont SA, Emerson Electric Co., Agilent Technologies Inc., AMETEK Inc., Fortive Corporation, Hexagon AB, Keysight Technologies Inc., Advantest Corporation, Rohde & Schwarz GmbH & Co. KG, National Instruments Corporation, Teledyne Technologies Incorporated, VIAVI Solutions Inc., EXFO Inc., Anritsu Corporation, Malvern Panalytical GmbH, TSI Incorporated, GW Instek Co. Ltd., Analysis and Measurement Services Corporation (AMS), Liquid Instruments GmbH, Innovative Scientific Solutions Inc., Sequoia Scientific Inc., Teraview AG, Vista Clara Inc., Pessl Instruments GmbH, Casella Measurement Inc., OWON Instrument Co. Ltd., ADLINK Technology Inc.

Contents of the report:
1. Executive Summary
2. Measuring and Control Instruments Market Report Structure
3. Measuring and Control Instruments Market Trends And Strategies
4. Measuring and Control Instruments Market - Macro Economic Scenario
5. Measuring and Control Instruments Market Size And Growth
…..
27. Measuring and Control Instruments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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