Test and Measurement (T&M) Equipment Market, Global Outlook and Forecast 2023-2029

Test and Measurement equipment comprises tools or instruments that can help analyze, validate, and verify electronic, electrical, and mechanical systems and their output.
This report aims to provide a comprehensive presentation of the global market for Test and Measurement (T&M) Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Test and Measurement (T&M) Equipment. This report contains market size and forecasts of Test and Measurement (T&M) Equipment in global, including the following market information:
Global Test and Measurement (T&M) Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Test and Measurement (T&M) Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Test and Measurement (T&M) Equipment companies in 2022 (%)
The global Test and Measurement (T&M) Equipment market was valued at US$ 12150 million in 2022 and is projected to reach US$ 15210 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global test and measurement equipment key players include Keysight, Anritsu, Tektronix, Rohde & Schwarz, Ametek etc. Global top 5 manufacturers hold a share over 30%. North America is the largest market, with a share about 43%, followed byJapan and China.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Test and Measurement (T&M) Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Test and Measurement (T&M) Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Test and Measurement (T&M) Equipment Market Segment Percentages, by Type, 2022 (%)
    Biomedical Test Equipment
    Calibration Test Equipment
    GPTE
    Network Test Equipment
    Real-Time Test Equipment
    Semiconductor Test Equipment
    Wireless Test Equipment
Global Test and Measurement (T&M) Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Test and Measurement (T&M) Equipment Market Segment Percentages, by Application, 2022 (%)
    Automotive
    Aerospace & Defense
    IT & Telecommunications
    Education & Government
    Semiconductor & Electronics
    Industrial
    Healthcare
Global Test and Measurement (T&M) Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Test and Measurement (T&M) Equipment Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Test and Measurement (T&M) Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Test and Measurement (T&M) Equipment revenues share in global market, 2022 (%)
Key companies Test and Measurement (T&M) Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Test and Measurement (T&M) Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Anritsu
    Fluke
    Keysight Technologies
    Rohde & Schwarz
    Tektronix
Outline of Major Chapters:
Chapter 1: Introduces the definition of Test and Measurement (T&M) Equipment, market overview.
Chapter 2: Global Test and Measurement (T&M) Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Test and Measurement (T&M) Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Test and Measurement (T&M) Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Test and Measurement (T&M) Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.