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Test and Measurement Equipment - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303578

FEATURED COMPANIES

  • Adlink Technology
  • Anritsu
  • Dynamicsignals
  • Freedom Communication
  • Keysight Technologies
  • Rohde & Schwarz
Global Test and Measurement Equipment Market to Reach $34.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Test and Measurement Equipment estimated at US$26.8 Billion in the year 2020, is projected to reach a revised size of US$34.9 Billion by 2027, growing at a CAGR of 3.9% over the period 2020-2027. Mechanical Test Equipment, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$23 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the General Purpose Test Equipment segment is readjusted to a revised 3.9% CAGR for the next 7-year period.





The U.S. Market is Estimated at $7.2 Billion, While China is Forecast to Grow at 6.2% CAGR

The Test and Measurement Equipment market in the U.S. is estimated at US$7.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2027 trailing a CAGR of 6.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 37 Featured):
  • Adlink Technology
  • Advantest
  • Ametek
  • Anritsu
  • B&K Precision
  • Ds Instruments
  • Dynamicsignals
  • EXFO
  • Fortive
  • Freedom Communication
  • Giga-Tronics
  • Gw Instek
  • Keysight Technologies
  • Leader Instruments
  • National Instruments Corp.
  • Rigol Technologies
  • Rohde & Schwarz
  • Saluki
  • Stanford Research Systems
  • Teledyne Technologies Incorporated
  • Texas Instruments Incorporated
  • Vaunix
  • Viavi Solutions
  • Yokogawa Electric
Frequently Asked Questions about the Global Market for Test and Measurement Equipment

What is the estimated value of the Global Market for Test and Measurement Equipment?

The Global Market for Test and Measurement Equipment was estimated to be valued at $26.8 Billion in 2020.

What is the growth rate of the Global Market for Test and Measurement Equipment?

The growth rate of the Global Market for Test and Measurement Equipment is 3.8%, with an estimated value of $34.9 Billion by 2027.

What is the forecasted size of the Global Market for Test and Measurement Equipment?

The Global Market for Test and Measurement Equipment is estimated to be worth $34.9 Billion by 2027.

Who are the key companies in the Global Market for Test and Measurement Equipment?

Key companies in the Global Market for Test and Measurement Equipment include Adlink Technology, Advantest, Ametek, Anritsu, B&K Precision, Ds Instruments, Dynamicsignals, EXFO and Freedom Communication.

FEATURED COMPANIES

  • Adlink Technology
  • Anritsu
  • Dynamicsignals
  • Freedom Communication
  • Keysight Technologies
  • Rohde & Schwarz

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 37

A selection of companies mentioned in this report includes:

  • Adlink Technology
  • Advantest
  • Ametek
  • Anritsu
  • B&K Precision
  • Ds Instruments
  • Dynamicsignals
  • EXFO
  • Fortive
  • Freedom Communication
  • Giga-Tronics
  • Gw Instek
  • Keysight Technologies
  • Leader Instruments
  • National Instruments Corp.
  • Rigol Technologies
  • Rohde & Schwarz
  • Saluki
  • Stanford Research Systems
  • Teledyne Technologies Incorporated
  • Texas Instruments Incorporated
  • Vaunix
  • Viavi Solutions
  • Yokogawa Electric