Physical Measuring Instrument Market Report 2026

The physical measuring instrument market size has grown strongly in recent years. It will grow from $14.62 billion in 2025 to $15.84 billion in 2026 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to expansion of industrial quality control activities, growth in scientific research instrumentation demand, increasing use of standardized measurement systems, availability of advanced sensor technologies, rising regulatory compliance requirements.

The physical measuring instrument market size is expected to see strong growth in the next few years. It will grow to $21.57 billion in 2030 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to increasing adoption of smart manufacturing practices, growing demand for connected measurement devices, expansion of automation across industries, rising focus on predictive maintenance, increasing investments in precision instrumentation. Major trends in the forecast period include increasing adoption of digital and smart measuring instruments, rising demand for high-accuracy multi-parameter devices, growing integration with data logging and analytics systems, expansion of portable and handheld measurement tools, enhanced focus on calibration and compliance.

The rising regulatory enforcement and safety oversight is expected to drive the growth of the level measuring instruments market going forward. Safety and regulatory compliance refer to adherence to laws and standards that ensure industrial operations, products, and processes remain safe and prevent hazardous incidents. Regulatory enforcement is increasing as governments intensify safety surveillance and compliance checks to address risks associated with unsafe or non-compliant products across industries. Level measuring instruments support these requirements by providing accurate, real-time monitoring of liquid and material levels, helping prevent leaks, overflows, and safety failures while ensuring operations meet strict regulatory standards. For example, in July 2025, the Product Safety Database Annual Report 2024-2025 from the Office for Product Safety and Standards (OPSS) reported 1,418 safety- and compliance-related notifications covering 1,792 unsafe or non-compliant products, with 24% classified as serious risk and 12% as high risk, indicating rising regulatory vigilance. Therefore, the increasing regulatory enforcement and safety oversight is driving the growth of the level measuring instruments market.

Major companies in the physical measuring instrument market are focusing on integrating portable high-precision surface metrology devices, such as mobile skidless surface measurement instruments, to enable laboratory-grade roughness evaluation directly on production floors and enhance real-time quality control across automotive, aerospace, and precision-engineering applications. A mobile skidless surface measurement instrument is a handheld, stylus-based device that captures true surface profiles without relying on a guiding skid, enabling accurate assessment of roughness, waviness, and micro-geometric characteristics on complex parts while offering digital data logging and connectivity for rapid reporting. For example, in November 2023, Mahr GmbH, a Germany-based metrology equipment manufacturer, introduced the MarSurf M 410 mobile surface measurement instrument. The device features a skidless drive unit for high-accuracy measurements in both laboratory and shop-floor environments, a broad measuring range up to 1,500 µm with probe tips as fine as 2 µm, and a modular touchscreen control unit with USB/Bluetooth connectivity for automatic PDF reporting and seamless data transfer, supporting broader adoption of portable precision metrology technologies in the global physical measuring instrument market.

In July 2023, KKR & Co. Inc., a US-based private equity firm, acquired Industrial Physics for an undisclosed amount. The acquisition aims to accelerate Industrial Physics' growth as a leader in test and measurement instrumentation by supporting organic expansion and driving innovation across industries such as packaging, food, beverage, and medical products. Industrial Physics is a US-based manufacturer of physical measuring instruments.

Major companies operating in the physical measuring instrument market are ABB Ltd, AMETEK Inc., Hexagon AB, Bruker Corporation, TA Instruments, ifm electronic GmbH, Metrohm AG, Chauvin Arnoux SA, KRÜSS GmbH, Gantner Instruments GmbH, Dantec Dynamics A/S, PCE Instruments GmbH, Dracal Technologies Inc., Hans Schmidt & Co. GmbH, Adwa Instruments Inc., Philipp Hafner GmbH & Co. KG, Mitutoyo Corporation, Testo SE & Co. KGaA, Fluke Corporation, Endress+Hauser Group, Yokogawa Electric Corporation, Omega Engineering Inc.

North America was the largest region in the physical measuring instrument market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physical measuring instrument market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the physical measuring instrument market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The physical measuring instrument market consists of sales of ammeters, voltmeters, manometers, tachometers, anemometers, and altimeters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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