Top Companies and Competitive Overview in the Electronic Measuring Instruments Market

The electronic measuring instruments market is positioned for substantial growth as technological advancements continue to transform industries worldwide. With innovations like AI integration and IoT connectivity becoming standard, this market is rapidly evolving to meet the demands of smart manufacturing and expanding sectors such as renewable energy and electric vehicles. Let's explore the current market size, key players, emerging trends, and dominant segments shaping this dynamic field.

Expected Growth Trajectory and Market Size for Electronic Measuring Instruments
The electronic measuring instruments sector is projected to expand significantly by 2030, reaching a market size of $16.72 billion. This reflects a steady compound annual growth rate (CAGR) of 6.9% over the forecast period. Key factors fueling this expansion include the adoption of artificial intelligence and machine learning in measurement tools, the rise of smart manufacturing and Industry 4.0 applications, increasing demand for IoT-enabled devices, growth in renewable energy monitoring, and greater usage in electric vehicles and transportation electrification. Important trends anticipated to influence the market include the development of highly precise instruments, portable and compact designs, wireless and IoT connectivity, AI-enhanced capabilities, and energy-efficient solutions.

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Main Corporations Driving the Electronic Measuring Instruments Market
Several influential companies dominate this sector, including Keysight Technologies, Fortive Corporation, Rohde & Schwarz, Fluke Corporation, National Instruments, Yokogawa Electric Corporation, Anritsu Corporation, Danaher Corporation, Hioki E.E. Corporation, Advantest Corporation, Teledyne Technologies, Good Will Instrument Co., B&K Precision, Rigol Technologies, Siglent Technologies, Agilent Technologies, FLIR Systems, Kikusui Electronics, Megger Group, Cha*uvin Arnoux, Ametek, Inc., and Omicron Electronics GmbH.
In a notable development, AMETEK Inc., a US-based manufacturer, acquired FARO Technologies Inc. in July 2025 for an undisclosed amount. This acquisition is aimed at strengthening AMETEK's precision measurement capabilities and expanding its presence in rapidly growing market segments such as advanced manufacturing and digital reality. FARO Technologies, also based in the US, specializes in electronic measuring instruments, making it a strategic addition to AMETEK's portfolio.

Emerging Market Trends and Innovations Highlighting Opportunities
Leading market players are increasingly focusing on particle measurement instruments to enhance accuracy in quality control and research. These instruments analyze microscopic particles in gases, liquids, and solids by detecting their size, concentration, and distribution. Such capabilities improve quality assurance, regulatory compliance, and industrial research processes.
For example, in June 2024, Japan-based Advantest Corporation introduced the WEL2100, a new addition to its nanoSCOUTER particle measurement product line. This device employs a nanopore sensor and microcurrent measurement technology to rapidly and precisely measure fine particles like lipid nanoparticles, viruses, and exosomes. It can individually analyze particle quantity, size, and zeta potential, and incorporates Advantest's proprietary APT-Pore technology to achieve high accuracy, especially for particles smaller than 30 nanometers. The WEL2100 is particularly valuable for pharmaceutical and biotechnology research and development.

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Breakdown of Key Market Segments in Electronic Measuring Instruments
The report segments the electronic measuring instruments market into several categories:
1) By Type: Digital Instruments, Analog Instruments, and Smart Instruments
2) By Technology: Digital Technology, Analog Technology, and Hybrid Technology
3) By Application: Circuit Testing and Troubleshooting, Frequency and Phase Measurement, High-Voltage Testing, Power Quality Testing, Signal Analysis, and Voltage and Current Measurement
4) By Sales Channel: Online and Offline
5) By End-User Industry: Aerospace and Defense, Automotive and Transportation, Consumer Electronics, Education and Research, Energy and Power, Healthcare, Industrial Manufacturing, Telecommunications
Subcategories include:
- Digital Instruments such as Digital Multimeters, Digital Oscilloscopes, Logic Analyzers, and Spectrum Analyzers
- Analog Instruments including Analog Multimeters, Analog Oscilloscopes, Signal Generators, and Analog Ammeters
- Smart Instruments comprising Wireless Measuring Devices, IoT-Enabled Instruments, AI-Powered Instruments, and Portable Smart Sensors

This comprehensive segmentation reflects the diversity and specialization within the electronic measuring instruments industry, catering to a broad range of applications and technological needs.

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This release was published on openPR.