What is the market size for the test and measurement market?

The Market is expected to grow by $ 10.25 bn in 2024-2028. <a href='https://www.technavio.com/report/test-and-measurement-market-analysis'>Read More</a>

What is the CAGR for the test and measurement market?

5.36% CAGR with $ 10.25 bn Momentum. <a href='https://www.technavio.com/report/test-and-measurement-market-analysis'>Read More</a>

What is the growth rate of the Test and Measurement Market market?

5.36% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/test-and-measurement-market-analysis'>Read More</a>

Which region held the largest market share in the Test and Measurement Market market?

APAC with 34% of the market growth. <a href='https://www.technavio.com/report/test-and-measurement-market-analysis'>Read More</a>

Who are the prominent players in the Test and Measurement Market market?

Advanced Energy Industries Inc., Advantest Corp., Altanova Group, Anritsu Corp., Camtek Ltd., Ceyear Technologies Co. Ltd., DEKRA SE, Emerson Electric Co., EXFO Inc., Fastech Telecommunications, .... <a href='https://www.technavio.com/report/test-and-measurement-market-analysis'>Read More</a>

Test and Measurement Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, South Korea, Germany - Size and Forecast 2024-2028

Published: Nov 2023
Pages: 185
SKU: IRTNTR43069

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Test and Measurement Market Size 2024-2028

The test and measurement market size is expected to increase by USD 10.25 billion, growing at a CAGR of 5.36% from 2023 to 2028. This industry encompasses instruments that detect and quantify physical parameters, biological interactions, and electrical signals, crucial for ensuring quality, efficiency, and safety across sectors like telecommunications services, healthcare, automotive, and energy. Market growth is driven by demand from various industries, advancements in communication technology, and the integration of IoT, Artificial Intelligence, and machine learning technologies to enhance solution precision.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global test and measurement market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global test and measurement market 2018 - 2022 ($ billion)

4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)

4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Wireless test equipment - Market size and forecast 2023-2028
- Exhibit 34: Chart on Wireless test equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Wireless test equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Wireless test equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Wireless test equipment - Year-over-year growth 2023-2028 (%)

6.4 GPTE - Market size and forecast 2023-2028
- Exhibit 38: Chart on GPTE - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on GPTE - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on GPTE - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on GPTE - Year-over-year growth 2023-2028 (%)

6.5 Semiconductor test equipment - Market size and forecast 2023-2028
- Exhibit 42: Chart on Semiconductor test equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Semiconductor test equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Semiconductor test equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Semiconductor test equipment - Year-over-year growth 2023-2028 (%)

6.6 Real-time test equipment - Market size and forecast 2023-2028
- Exhibit 46: Chart on Real-time test equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 47: Data Table on Real-time test equipment - Market size and forecast 2023-2028 ($ billion)
- Exhibit 48: Chart on Real-time test equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Real-time test equipment - Year-over-year growth 2023-2028 (%)

6.7 Market opportunity by Product
- Exhibit 50: Market opportunity by Product ($ billion)
- Exhibit 51: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Exhibit 54: Chart on Comparison by End-user
- Exhibit 55: Data Table on Comparison by End-user

7.3 Aerospace and defense - Market size and forecast 2023-2028
- Exhibit 56: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)

7.4 Telecommunication - Market size and forecast 2023-2028
- Exhibit 60: Chart on Telecommunication - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Telecommunication - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Telecommunication - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Telecommunication - Year-over-year growth 2023-2028 (%)

7.5 Semiconductor and electronics - Market size and forecast 2023-2028
- Exhibit 64: Chart on Semiconductor and electronics - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Semiconductor and electronics - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Semiconductor and electronics - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Semiconductor and electronics - Year-over-year growth 2023-2028 (%)

7.6 Automotive and others - Market size and forecast 2023-2028
- Exhibit 68: Chart on Automotive and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Automotive and others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Automotive and others - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Automotive and others - Year-over-year growth 2023-2028 (%)

7.7 Market opportunity by End-user
- Exhibit 72: Market opportunity by End-user ($ billion)
- Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 APAC - Market size and forecast 2023-2028
- Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 Japan - Market size and forecast 2023-2028
- Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 South Korea - Market size and forecast 2023-2028
- Exhibit 115: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
- Exhibit 116: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
- Exhibit 117: Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on South Korea - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption

11.4 Industry risks
- Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 125: Vendors covered

12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification

12.3 Advantest Corp.
- Exhibit 127: Advantest Corp. - Overview
- Exhibit 128: Advantest Corp. - Business segments
- Exhibit 129: Advantest Corp. - Key offerings
- Exhibit 130: Advantest Corp. - Segment focus

12.4 Anritsu Corp.
- Exhibit 131: Anritsu Corp. - Overview
- Exhibit 132: Anritsu Corp. - Business segments
- Exhibit 133: Anritsu Corp. - Key news
- Exhibit 134: Anritsu Corp. - Key offerings
- Exhibit 135: Anritsu Corp. - Segment focus

12.5 Emerson Electric Co.
- Exhibit 136: Emerson Electric Co. - Overview
- Exhibit 137: Emerson Electric Co. - Business segments
- Exhibit 138: Emerson Electric Co. - Key news
- Exhibit 139: Emerson Electric Co. - Key offerings
- Exhibit 140: Emerson Electric Co. - Segment focus

12.6 EXFO Inc.
- Exhibit 141: EXFO Inc. - Overview
- Exhibit 142: EXFO Inc. - Product / Service
- Exhibit 143: EXFO Inc. - Key offerings

12.7 Fastech Telecommunications
- Exhibit 144: Fastech Telecommunications - Overview
- Exhibit 145: Fastech Telecommunications - Product / Service
- Exhibit 146: Fastech Telecommunications - Key offerings

12.8 Good Will Instrument Co. Ltd.
- Exhibit 147: Good Will Instrument Co. Ltd. - Overview
- Exhibit 148: Good Will Instrument Co. Ltd. - Product / Service
- Exhibit 149: Good Will Instrument Co. Ltd. - Key offerings

12.9 Hitachi Ltd.
- Exhibit 150: Hitachi Ltd. - Overview
- Exhibit 151: Hitachi Ltd. - Business segments
- Exhibit 152: Hitachi Ltd. - Key news
- Exhibit 153: Hitachi Ltd. - Key offerings
- Exhibit 154: Hitachi Ltd. - Segment focus

12.10 Keysight Technologies Inc.
- Exhibit 155: Keysight Technologies Inc. - Overview
- Exhibit 156: Keysight Technologies Inc. - Business segments
- Exhibit 157: Keysight Technologies Inc. - Key news
- Exhibit 158: Keysight Technologies Inc. - Key offerings
- Exhibit 159: Keysight Technologies Inc. - Segment focus

12.11 OWON Technology Inc.
- Exhibit 160: OWON Technology Inc. - Overview
- Exhibit 161: OWON Technology Inc. - Product / Service
- Exhibit 162: OWON Technology Inc. - Key offerings

12.12 Premier Measurement Solutions Pvt. Ltd.
- Exhibit 163: Premier Measurement Solutions Pvt. Ltd. - Overview
- Exhibit 164: Premier Measurement Solutions Pvt. Ltd. - Product / Service
- Exhibit 165: Premier Measurement Solutions Pvt. Ltd. - Key offerings

12.13 Qmax Test Equipments Pvt. Ltd.
- Exhibit 166: Qmax Test Equipments Pvt. Ltd. - Overview
- Exhibit 167: Qmax Test Equipments Pvt. Ltd. - Product / Service
- Exhibit 168: Qmax Test Equipments Pvt. Ltd. - Key offerings

12.14 Rohde and Schwarz GmbH and Co. KG
- Exhibit 169: Rohde and Schwarz GmbH and Co. KG - Overview
- Exhibit 170: Rohde and Schwarz GmbH and Co. KG - Product / Service
- Exhibit 171: Rohde and Schwarz GmbH and Co. KG - Key offerings

12.15 Scientech Technologies Pvt. Ltd.
- Exhibit 172: Scientech Technologies Pvt. Ltd. - Overview
- Exhibit 173: Scientech Technologies Pvt. Ltd. - Product / Service
- Exhibit 174: Scientech Technologies Pvt. Ltd. - Key offerings

12.16 Teradyne Inc.
- Exhibit 175: Teradyne Inc. - Overview
- Exhibit 176: Teradyne Inc. - Business segments
- Exhibit 177: Teradyne Inc. - Key news
- Exhibit 178: Teradyne Inc. - Key offerings
- Exhibit 179: Teradyne Inc. - Segment focus

12.17 Yokogawa Electric Corp.
- Exhibit 180: Yokogawa Electric Corp. - Overview
- Exhibit 181: Yokogawa Electric Corp. - Business segments
- Exhibit 182: Yokogawa Electric Corp. - Key offerings
- Exhibit 183: Yokogawa Electric Corp. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 186: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources