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Test and Measurement Equipment Market by Product (General Purpose Test Equipment and Mechanical Test Equipment), Service (Calibration Services, and Repair Services/After-Sales Services), Application, and Geography - Global Forecast to 2023

Test and Measurement Equipment Market by Product (General Purpose Test Equipment and Mechanical Test Equipment), Service (Calibration Services, and Repair Services/After-Sales Services), Application, and Geography - Global Forecast to 2023

“The test and measurement equipment market is estimated to grow at a CAGR of 3.55% between 2017 and 2023”
The test and measurement equipment market is expected to reach USD 28.98 billion by 2023 from USD 23.51 billion in 2017, at a CAGR of 3.55%. The increased penetration of modular instrumentation, increasing technological advancement towards networking and communication, increase in the adoption of electronic devices, and increased R&D spending are the factors driving the growth of the test and measurement equipment market.

“The market for modular instrumentation is expected to grow at the highest CAGR during the forecast period”
The test and measurement equipment market for modular instrumentation is expected to witness the highest CAGR between 2017 and 2023. The major factors contributing to this growth are the increasing production and consumption in the automotive sector, technological advancements pertaining to the 5G solutions in the IT and telecommunication sectors, and growing focus of stakeholders on the industry 4.0 and smart applications.

“Machine vision inspection is expected to hold the largest share of the market during the forecast period”
The machine vision inspection equipment is expected to hold the largest share of the market during the forecast period. The market is driven by the increasing adoption of 3D machine vision systems, rising need for quality inspection and automation, growing demand for vision-guided robotic systems, and increasing demand for application-specific machine vision systems. Moreover, realizing the future demand for intelligent transport systems and automated vehicles, the connected vehicle companies and city authorities are increasingly adopting machine vision systems.

“The test and measurement equipment market in APAC is expected to grow at the highest CAGR between 2017 and 2023”
This report covers the market in North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). India and China are considered as huge markets for test and measurement equipment owing to their growing economy. APAC is the prominent market in the overall communication sector owing to the considerable rise in the number of mobile Internet subscribers in the emerging economies such as India and China. APAC also offers significant growth opportunities for the test and measurement solutions for communications, as the end-users, such as mobile device manufacturers, are highly dependent on the communication test and measurement solutions to provide the high-quality and high-performing services to their customers.

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

Fortive (US), Rohde & Schwarz (Germany), Anritsu (Japan), Keysight (US), Yokogawa Electric (Japan), National Instruments (US), EXFO (Canada), Advantest (Japan), Viavi (US), and Cobham (UK), Teledyne (US), and Texas Instruments (US) are the major players in the test and measurement equipment market.

Research Coverage:
• The market based on product covers general purpose test equipment and mechanical test equipment.
• The market based on service covers calibration, repair/after-sales, and other services.
• The market based on application covers the automotive, aerospace and defense, semiconductor and electronics, IT and telecommunications, education and government, healthcare, and industrial applications.
• The geographic analysis is done with regard to 4 major regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). RoW comprises South America, and the Middle East and Africa.

Reasons to Buy the Report:
From an insight perspective, this research report is focused on various levels of analysis such as industry analysis (industry trends), market ranking analysis of top players, and value chain analysis. This report also provides the company profiles, which present the basic views on the competitive landscape, emerging and high-growth segments of the studied market, high-growth regions, and market dynamics such as drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Market penetration: Comprehensive information on various types of equipment/products and services offered by the top players in the overall test and measurement equipment market.
• Product development/innovation: Detailed insights regarding research and development (R&D) activities, emerging technologies, and product launches in the test and measurement equipment market.
• Market development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for test and measurement equipment across regions.
• Market diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the overall test and measurement equipment market.
• Competitive assessment: In-depth assessment of market ranking analysis, strategies, products, and manufacturing capabilities of the leading players in the test and measurement equipment market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEAR CONSIDERED FOR THE STUDY
    • CURRENCY AND PRICING
    • PACKAGE SIZE
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR PRODUCT TYPE, 2015-2023
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE TEST AND MEASUREMENT EQUIPMENT MARKET
    • TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE
    • TEST AND MEASUREMENT EQUIPMENT MARKET, BY SERVICE TYPE
    • TEST AND MEASUREMENT EQUIPMENT MARKET, BY END-USE SECTOR
    • APAC: TEST AND MEASUREMENT EQUIPMENT MARKET
    • TEST AND MEASUREMENT EQUIPMENT MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • RESEARCH & DEVELOPMENT
      • MANUFACTURING AND ASSEMBLY
      • DISTRIBUTION AND END USERS
      • POST-SALE SERVICE
    • KEY INDUSTRY TRENDS
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINT
      • OPPORTUNITIES
      • CHALLENGES
  • TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT
    • INTRODUCTION
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2015-2023
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2015-2023 (USD BILLION)
    • GENERAL PURPOSE TEST EQUIPMENT (GPTE)
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET, BY TYPE, 2015-2023 (USD MILLION)
      • OSCILLOSCOPES
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR OSCILLOSCOPES, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR OSCILLOSCOPES, BY REGION, 2015-2023 (USD MILLION)
      • SIGNAL GENERATORS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY REGION, 2015-2023 (USD MILLION)
      • DIGITAL MULTIMETERS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR DIGITAL MULTIMETERS, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR DIGITAL MULTIMETERS, BY REGION, 2015-2023 (USD MILLION)
      • LOGIC ANALYZERS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR LOGIC ANALYZERS, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR LOGIC ANALYZERS, BY REGION, 2015-2023 (USD MILLION)
      • SPECTRUM ANALYZERS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR SPECTRUM ANALYZER, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY REGION, 2015-2023 (USD MILLION)
      • BERT (BIT ERROR RATE TEST)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR BERT, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR BERT, BY REGION, 2015-2023 (USD MILLION)
      • NETWORK ANALYZERS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY REGION, 2015-2023 (USD MILLION)
      • POWER METERS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR POWER METERS, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR POWER METERS, BY REGION, 2015-2023 (USD MILLION)
      • ELECTRONIC COUNTERS
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR ELECTRONIC COUNTERS, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR ELECTRONIC COUNTERS, BY REGION, 2015-2023 (USD MILLION)
      • MODULAR INSTRUMENTATION
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR MODULAR INSTRUMENTATION, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR MODULAR INSTRUMENTATION, BY REGION, 2015-2023 (USD MILLION)
      • AUTOMATED TEST EQUIPMENT (ATE)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR AUTOMATED TEST EQUIPMENT, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR AUTOMATED TEST EQUIPMENT, BY REGION, 2015-2023 (USD MILLION)
    • MECHANICAL TEST EQUIPMENT (MTE)
      • Table MECHANICAL TEST EQUIPMENT MARKET, BY TYPE, 2015-2023 (USD BILLION)
      • NON-DESTRUCTIVE TEST EQUIPMENT
        • Table MARKET FOR NON-DESTRUCTIVE TEST EQUIPMENT, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table MARKET FOR NON-DESTRUCTIVE TEST EQUIPMENT, BY REGION, 2015-2023 (USD MILLION)
      • MACHINE VISION INSPECTION
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR MACHINE VISION INSPECTION, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR MACHINE VISION INSPECTION, BY REGION, 2015-2023 (USD MILLION)
      • MACHINE CONDITION MONITORING
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR MACHINE CONDITION MONITORING, BY END-USE SECTOR, 2015-2023 (USD MILLION)
        • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR MACHINE CONDITION MONITORING, BY REGION, 2015-2023 (USD MILLION)
  • TEST AND MEASUREMENT EQUIPMENT MARKET, BY SERVICE TYPE
    • INTRODUCTION
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET, BY SERVICE TYPE, 2015-2023 (USD MILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR SERVICES, BY END-USE SECTOR, 2015-2023 (USD MILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR SERVICES, BY REGION, 2015-2023 (USD MILLION)
    • CALIBRATION SERVICES
    • REPAIR SERVICES/AFTER-SALES SERVICES
    • OTHER SERVICES
  • TEST AND MEASUREMENT EQUIPMENT MARKET, BY END-USE SECTOR
    • INTRODUCTION
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET, BY END-USE SECTOR, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR PRODUCTS BY END-USE SECTOR, 2015-2023 (USD BILLION)
    • AUTOMOTIVE
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR AUTOMOTIVE, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET FOR AUTOMOTIVE, BY TYPE, 2015-2023 (USD MILLION)
    • AEROSPACE & DEFENSE
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2015-2023 (USD MILLION)
    • IT & TELECOMMUNICATION
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR IT & TELECOMMUNICATION, BY TYPE, 2015-2023 (USD MILLION)
    • EDUCATION & GOVERNMENT
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR EDUCATION & GOVERNMENT, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET FOR EDUCATION & GOVERNMENT, BY TYPE, 2015-2023 (USD MILLION)
    • SEMICONDUCTOR & ELECTRONICS
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR SEMICONDUCTOR & ELECTRONICS BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY TYPE, 2015-2023 (USD MILLION)
    • INDUSTRIAL
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR INDUSTRIAL END-USE SECTOR, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET FOR INDUSTRIAL END-USE SECTOR, BY TYPE, 2015-2023 (USD BILLION)
    • HEALTHCARE (MEDICAL)
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET FOR HEALTHCARE (MEDICAL), BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET FOR HEALTHCARE (MEDICAL), BY TYPE, 2015-2023 (USD MILLION)
  • TEST AND MEASUREMENT EQUIPMENT MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET FOR PRODUCTS, BY REGION, 2015-2023 (USD BILLION)
    • NORTH AMERICA
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN NORTH AMERICA, BY PRODUCT TYPE, 2015-2023 (USD BILLION)
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET IN NORTH AMERICA, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET IN NORTH AMERICA, BY TYPE, 2015-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN EUROPE, BY PRODUCT TYPE, 2015-2023 (USD BILLION)
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET IN EUROPE, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET IN EUROPE, BY TYPE, 2015-2023 (USD MILLION)
      • GERMANY
      • FRANCE
      • UK
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN APAC, BY COUNTRY, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN APAC, BY PRODUCT TYPE, 2015-2023 (USD BILLION)
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET IN APAC, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET IN APAC, BY TYPE, 2015-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD (ROW)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN ROW, BY REGION, 2015-2023 (USD BILLION)
      • Table TEST AND MEASUREMENT EQUIPMENT MARKET IN ROW, BY PRODUCT TYPE, 2015-2023 (USD BILLION)
      • Table GENERAL PURPOSE TEST EQUIPMENT MARKET IN ROW, BY TYPE, 2015-2023 (USD MILLION)
      • Table MECHANICAL TEST EQUIPMENT MARKET IN ROW, BY TYPE, 2015-2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING OF KEY PLAYERS IN THE TEST AND MEASUREMENT EQUIPMENT MARKET,2016
    • COMPETITIVE SCENARIO
      • PRODUCT LAUNCHES & DEVELOPMENTS
        • Table PRODUCT LAUNCHES & DEVELOPMENTS, 2015-2017
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2015-2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2016-2017
  • COMPANY PROFILES
    • KEY PLAYERS
      • FORTIVE
      • KEYSIGHT
      • ROHDE & SCHWARZ
      • ADVANTEST
      • NATIONAL INSTRUMENTS
      • ANRITSU
      • VIAVI
      • EXFO
      • YOKOGAWA ELECTRIC
      • COBHAM
      • TELEDYNE
      • TEXAS INSTRUMENTS
    • KEY INNOVATORS
      • GW INSTEK
      • RIGOL
      • GIGA-TRONICS
      • B&K PRECISION
      • STANFORD RESEARCH SYSTEMS
    • OTHER IMPORTANT PLAYERS
      • AMETEK
      • ADLINK
      • LEADER INSTRUMENTS
      • DYNAMICSIGNALS
      • FREEDOM COMMUNICATION
      • VAUNIX
      • DS INSTRUMENTS
      • SALUKI
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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