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Global Test and Measurement Equipment Market Analysis & Trends - Industry Forecast to 2028

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The Global Test and Measurement Equipment Market is poised to grow strong during the forecast period 2018 to 2028. Some of the prominent trends that the market is witnessing include adoption of surface mount technology (SMT) equipment in medical devices, growing popularity of modular T&M equipment, and developing artificial intelligence technology and robotics. Based on the service type, the market is segregated into repair services/after-sales services, calibration services, professional services, managed service, and other services. The professional services segment is subdivided into support & maintenance service, integration service, and consulting & training services. Other services segment is sub-classified into asset management, environment product testing, climatic product testing, shock testing, and extended premium plans. By product, the market is fragmented into mechanical test equipment (MTE), general purpose test equipment (GPTE), wireless test equipment, semiconductor test equipment, and RF test chambers. The mechanical test equipment (MTE) segment is subdivided into machine vision inspection and machine condition monitoring. General purpose test equipment (GPTE) segment is sub-fragmented into power meters, electronic counters, analyzers, arbitrary waveform generators, automated test equipment (ATE), power supplies, modular instrumentation (VXI/PXI), bit error ratio testers (BERT), digital multimeters, oscilloscopes, signal generators, and thermal imagers. The wireless test equipment segment is subcategorized into spectrum analyzers, logic analyzers, network analyzers, and network simulators. On the basis of equipment, the market is classified into portable, mobile, stationary, and electronic type. With respect to the end user, the market is segmented into aerospace & defense, automotive & transportation, education & government, IT & telecommunications, industrial & manufacturing, semiconductor & electronics, healthcare & medical equipment, general industry, and pharmaceuticals. Depending on the type, the market is classified into non-destructive and destructive. Amongst component, the market is segmented into value added accessories, cables assemblies, and connectors. Depending on the application, the market is divided into turbines, smartphones, M?3 players, solar inverters, digital cameras, automotive car suspension, and aircraft propulsion systems. By instrumentation type, the market is categorized into field instrumentation, lab instrumentation, scales & weight, spectroscopy, active probes, data acquisition, and laser distance measurement. This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures. This report provides data tables, includes charts and graphs for visual analysis. Regional Analysis: North America - US - Canada - Mexico Europe - France - Germany - Italy - Spain - UK - Rest of Europe Asia Pacific - China - Japan - India - Australia - New Zealand - Rest of Asia Pacific Middle East - Saudi Arabia - UAE - Rest of Middle East Latin America - Argentina - Brazil - Rest of Latin America Rest of the World - South Africa - Others Report Highlights: - The report provides a detailed analysis on current and future market trends to identify the investment opportunities - Market forecasts till 2028, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2028 - Market opportunities and recommendations for new investments

1 Market Outline 1.1 Research Methodology 1.1.1 Research Approach & Sources 1.2 Market Trends 1.3 Regulatory Factors 1.4 Product Analysis 1.5 End User Analysis 1.6 Application Analysis 1.7 Strategic Benchmarking 1.8 Opportunity Analysis 2 Executive Summary 3 Market Overview 3.1 Current Trends 3.1.1 Adoption of Surface Mount Technology (SMT) Equipment In Medical Devices 3.1.2 Growing Popularity of Modular T&M Equipment 3.1.3 Developing Artificial Intelligence Technology and Robotics 3.1.4 Growth Opportunities/Investment Opportunities 3.2 Drivers 3.3 Constraints 3.4 Industry Attractiveness 3.4.1 Bargaining power of suppliers 3.4.2 Bargaining power of buyers 3.4.3 Threat of substitutes 3.4.4 Threat of new entrants 3.4.5 Competitive rivalry 4 Test and Measurement Equipment Market, By Service Type 4.1 Repair Services/After-Sales Services DATA TABLE Repair Services/After-Sales Services Market Forecast to 2028 (US$ MN) 4.2 Calibration Services DATA TABLE Calibration Services Market Forecast to 2028 (US$ MN) 4.3 Professional Services DATA TABLE Professional Services Market Forecast to 2028 (US$ MN) 4.3.1 Support & Maintenance Service DATA TABLE Support & Maintenance Service Market Forecast to 2028 (US$ MN) 4.3.2 Integration Service DATA TABLE Integration Service Market Forecast to 2028 (US$ MN) 4.3.3 Consulting & Training Services DATA TABLE Consulting & Training Services Market Forecast to 2028 (US$ MN) 4.4 Managed Service DATA TABLE Managed Service Market Forecast to 2028 (US$ MN) 4.5 Other Services DATA TABLE Other Services Market Forecast to 2028 (US$ MN) 4.5.1 Asset Management DATA TABLE Asset Management Market Forecast to 2028 (US$ MN) 4.5.2 Environment Product Testing DATA TABLE Environment Product Testing Market Forecast to 2028 (US$ MN) 4.5.3 Climatic Product Testing DATA TABLE Climatic Product Testing Market Forecast to 2028 (US$ MN) 4.5.4 Shock Testing DATA TABLE Shock Testing Market Forecast to 2028 (US$ MN) 4.5.5 Extended Premium Plans DATA TABLE Extended Premium Plans Market Forecast to 2028 (US$ MN) 5 Test and Measurement Equipment Market, By Product 5.1 Mechanical Test Equipment (MTE) DATA TABLE Mechanical Test Equipment (MTE) Market Forecast to 2028 (US$ MN) 5.1.1 Machine Vision Inspection DATA TABLE Machine Vision Inspection Market Forecast to 2028 (US$ MN) 5.1.2 Machine Condition Monitoring DATA TABLE Machine Condition Monitoring Market Forecast to 2028 (US$ MN) 5.2 General Purpose Test Equipment (GPTE) DATA TABLE General Purpose Test Equipment (GPTE) Market Forecast to 2028 (US$ MN) 5.2.1 Power Meters DATA TABLE Power Meters Market Forecast to 2028 (US$ MN) 5.2.2 Electronic Counters DATA TABLE Electronic Counters Market Forecast to 2028 (US$ MN) 5.2.3 Analyzers DATA TABLE Analyzers Market Forecast to 2028 (US$ MN) 5.2.4 Arbitrary Waveform Generators DATA TABLE Arbitrary Waveform Generators Market Forecast to 2028 (US$ MN) 5.2.5 Automated Test Equipment (ATE) DATA TABLE Automated Test Equipment (ATE) Market Forecast to 2028 (US$ MN) 5.2.6 Power Supplies DATA TABLE Power Supplies Market Forecast to 2028 (US$ MN) 5.2.7 Modular Instrumentation (VXI/PXI) DATA TABLE Modular Instrumentation (VXI/PXI) Market Forecast to 2028 (US$ MN) 5.2.8 Bit Error Ratio Testers (BERT) DATA TABLE Bit Error Ratio Testers (BERT) Market Forecast to 2028 (US$ MN) 5.2.9 Digital Multimeters DATA TABLE Digital Multimeters Market Forecast to 2028 (US$ MN) 5.2.10 Oscilloscopes DATA TABLE Oscilloscopes Market Forecast to 2028 (US$ MN) 5.2.11 Signal Generators DATA TABLE Signal Generators Market Forecast to 2028 (US$ MN) 5.2.12 Thermal Imagers DATA TABLE Thermal Imagers Market Forecast to 2028 (US$ MN) 5.3 Wireless Test Equipment DATA TABLE Wireless Test Equipment Market Forecast to 2028 (US$ MN) 5.3.1 Spectrum Analyzers DATA TABLE Spectrum Analyzers Market Forecast to 2028 (US$ MN) 5.3.2 Logic Analyzers DATA TABLE Logic Analyzers Market Forecast to 2028 (US$ MN) 5.3.3 Network Analyzers DATA TABLE Network Analyzers Market Forecast to 2028 (US$ MN) 5.3.4 Network Simulators DATA TABLE Network Simulators Market Forecast to 2028 (US$ MN) 5.4 Semiconductor Test Equipment DATA TABLE Semiconductor Test Equipment Market Forecast to 2028 (US$ MN) 5.5 RF Test Chambers DATA TABLE RF Test Chambers Market Forecast to 2028 (US$ MN) 6 Test and Measurement Equipment Market, By Equipment 6.1 Portable DATA TABLE Portable Market Forecast to 2028 (US$ MN) 6.2 Mobile DATA TABLE Mobile Market Forecast to 2028 (US$ MN) 6.3 Stationary DATA TABLE Stationary Market Forecast to 2028 (US$ MN) 6.4 Electronic Type DATA TABLE Electronic Type Market Forecast to 2028 (US$ MN) 7 Test and Measurement Equipment Market, By End User 7.1 Aerospace & Defense DATA TABLE Aerospace & Defense Market Forecast to 2028 (US$ MN) 7.2 Automotive & Transportation DATA TABLE Automotive & Transportation Market Forecast to 2028 (US$ MN) 7.3 Education & Government DATA TABLE Education & Government Market Forecast to 2028 (US$ MN) 7.4 IT & Telecommunications DATA TABLE IT & Telecommunications Market Forecast to 2028 (US$ MN) 7.5 Industrial & Manufacturing DATA TABLE Industrial & Manufacturing Market Forecast to 2028 (US$ MN) 7.6 Semiconductor & Electronics DATA TABLE Semiconductor & Electronics Market Forecast to 2028 (US$ MN) 7.7 Healthcare & Medical Equipment DATA TABLE Healthcare & Medical Equipment Market Forecast to 2028 (US$ MN) 7.8 General Industry DATA TABLE General Industry Market Forecast to 2028 (US$ MN) 7.9 Pharmaceuticals DATA TABLE Pharmaceuticals Market Forecast to 2028 (US$ MN) 8 Test and Measurement Equipment Market, By Type 8.1 Non-destructive DATA TABLE Non-destructive Market Forecast to 2028 (US$ MN) 8.2 Destructive DATA TABLE Destructive Market Forecast to 2028 (US$ MN) 9 Test and Measurement Equipment Market, By Component 9.1 Value Added Accessories DATA TABLE Value Added Accessories Market Forecast to 2028 (US$ MN) 9.2 Cables Assemblies DATA TABLE Cables Assemblies Market Forecast to 2028 (US$ MN) 9.3 Connectors DATA TABLE Connectors Market Forecast to 2028 (US$ MN) 10 Test and Measurement Equipment Market, By Application 10.1 ?urb?n?? DATA TABLE ?urb?n?? Market Forecast to 2028 (US$ MN) 10.2 ?m?rt?h?n?? DATA TABLE ?m?rt?h?n?? Market Forecast to 2028 (US$ MN) 10.3 M?3 Pl???r? DATA TABLE M?3 Pl???r? Market Forecast to 2028 (US$ MN) 10.4 S?l?r Inv?rt?r? DATA TABLE S?l?r Inv?rt?r? Market Forecast to 2028 (US$ MN) 10.5 D?g?t?l C?m?r?? DATA TABLE D?g?t?l C?m?r?? Market Forecast to 2028 (US$ MN) 10.6 Aut?m?t?v? C?r Su???n???n DATA TABLE Aut?m?t?v? C?r Su???n???n Market Forecast to 2028 (US$ MN) 10.7 A?r?r?ft Pr??ul???n S??t?m? DATA TABLE A?r?r?ft Pr??ul???n S??t?m? Market Forecast to 2028 (US$ MN) 11 Test and Measurement Equipment Market, By Instrumentation Type 11.1 Field Instrumentation DATA TABLE Field Instrumentation Market Forecast to 2028 (US$ MN) 11.2 Lab Instrumentation DATA TABLE Lab Instrumentation Market Forecast to 2028 (US$ MN) 11.3 Scales & Weight DATA TABLE Scales & Weight Market Forecast to 2028 (US$ MN) 11.4 Spectroscopy DATA TABLE Spectroscopy Market Forecast to 2028 (US$ MN) 11.5 Active Probes DATA TABLE Active Probes Market Forecast to 2028 (US$ MN) 11.6 Data Acquisition DATA TABLE Data Acquisition Market Forecast to 2028 (US$ MN) 11.7 Laser Distance Measurement DATA TABLE Laser Distance Measurement Market Forecast to 2028 (US$ MN) 12 Test and Measurement Equipment Market, By Geography 12.1 North America DATA TABLE North America Market Forecast by Countries to 2028 (US$ MN) 12.1.1 US 12.1.2 Canada 12.1.3 Mexico 12.2 Europe DATA TABLE Europe Market Forecast by Countries to 2028 (US$ MN) 12.2.1 Germany 12.2.2 U.K 12.2.3 Italy 12.2.4 France 12.2.5 Spain 12.2.6 Rest of Europe 12.3 Asia Pacific DATA TABLE Asia Pacific Market Forecast by Countries to 2028 (US$ MN) 12.3.1 China 12.3.2 Japan 12.3.3 India 12.3.4 Australia 12.3.5 New Zealand 12.3.6 Rest of Asia Pacific 12.4 Middle East DATA TABLE Middle East Market Forecast by Countries to 2028 (US$ MN) 12.4.1 Saudi Arabia 12.4.2 UAE 12.4.3 Rest of Middle East 12.5 Latin America DATA TABLE Latin America Market Forecast by Countries to 2028 (US$ MN) 12.5.1 Argentina 12.5.2 Brazil 12.5.3 Rest of Latin America 12.6 Rest of the World (RoW) DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN) 12.6.1 South Africa 12.6.2 Others 13 Key Player Activities 13.1 Acquisitions & Mergers 13.2 Agreements, Partnerships, Collaborations and Joint Ventures 13.3 Product Launch & Expansions 13.4 Other Activities 14 Leading Companies 14.1 Rohde & Schwarz GmbH & Co. KG 14.2 Anritsu Corporation 14.3 Yokogawa Electric Corporation 14.4 National Instruments Corporation 14.5 VIAVI Solutions Inc. 14.6 Texas Instruments Incorporated 14.7 Fortive Corporation 14.8 Keysight Technologies 14.9 EXFO, Inc. 14.10 Advantest Corporation 14.11 Teledyne 14.12 IKM Instrutek AS 14.13 Agilent Technologies 14.14 Adlink Technology 14.15 Tektronix, Inc. 14.16 Ametek 14.17 Freedom Communication 14.18 Fluke Corporation 14.19 Ds Instruments 14.20 Rigol Technologies List of Tables Table 1 Global Test and Measurement Equipment Market By Region, Market Forecast (2016-2028) (US $MN) Table 2 Global Test and Measurement Equipment Market By Service Type, Market Forecast (2016-2028) (US $MN) Table 3 Global Test and Measurement Equipment Market By Repair Services/After-Sales Services, Market Forecast (2016-2028) (US $MN) Table 4 Global Test and Measurement Equipment Market By Calibration Services, Market Forecast (2016-2028) (US $MN) Table 5 Global Test and Measurement Equipment Market By Professional Services, Market Forecast (2016-2028) (US $MN) Table 6 Global Test and Measurement Equipment Market By Support & Maintenance Service, Market Forecast (2016-2028) (US $MN) Table 7 Global Test and Measurement Equipment Market By Integration Service, Market Forecast (2016-2028) (US $MN) Table 8 Global Test and Measurement Equipment Market By Consulting & Training Services, Market Forecast (2016-2028) (US $MN) Table 9 Global Test and Measurement Equipment Market By Managed Service, Market Forecast (2016-2028) (US $MN) Table 10 Global Test and Measurement Equipment Market By Other Services, Market Forecast (2016-2028) (US $MN) Table 11 Global Test and Measurement Equipment Market By Asset Management, Market Forecast (2016-2028) (US $MN) Table 12 Global Test and Measurement Equipment Market By Environment Product Testing, Market Forecast (2016-2028) (US $MN) Table 13 Global Test and Measurement Equipment Market By Climatic Product Testing, Market Forecast (2016-2028) (US $MN) Table 14 Global Test and Measurement Equipment Market By Shock Testing, Market Forecast (2016-2028) (US $MN) Table 15 Global Test and Measurement Equipment Market By Extended Premium Plans, Market Forecast (2016-2028) (US $MN) Table 16 Global Test and Measurement Equipment Market By Product, Market Forecast (2016-2028) (US $MN) Table 17 Global Test and Measurement Equipment Market By Mechanical Test Equipment (MTE), Market Forecast (2016-2028) (US $MN) Table 18 Global Test and Measurement Equipment Market By Machine Vision Inspection, Market Forecast (2016-2028) (US $MN) Table 19 Global Test and Measurement Equipment Market By Machine Condition Monitoring, Market Forecast (2016-2028) (US $MN) Table 20 Global Test and Measurement Equipment Market By General Purpose Test Equipment (GPTE), Market Forecast (2016-2028) (US $MN) Table 21 Global Test and Measurement Equipment Market By Power Meters, Market Forecast (2016-2028) (US $MN) Table 22 Global Test and Measurement Equipment Market By Electronic Counters, Market Forecast (2016-2028) (US $MN) Table 23 Global Test and Measurement Equipment Market By Analyzers, Market Forecast (2016-2028) (US $MN) Table 24 Global Test and Measurement Equipment Market By Arbitrary Waveform Generators, Market Forecast (2016-2028) (US $MN) Table 25 Global Test and Measurement Equipment Market By Automated Test Equipment (ATE), Market Forecast (2016-2028) (US $MN) Table 26 Global Test and Measurement Equipment Market By Power Supplies, Market Forecast (2016-2028) (US $MN) Table 27 Global Test and Measurement Equipment Market By Modular Instrumentation (VXI/PXI), Market Forecast (2016-2028) (US $MN) Table 28 Global Test and Measurement Equipment Market By Bit Error Ratio Testers (BERT), Market Forecast (2016-2028) (US $MN) Table 29 Global Test and Measurement Equipment Market By Digital Multimeters, Market Forecast (2016-2028) (US $MN) Table 30 Global Test and Measurement Equipment Market By Oscilloscopes, Market Forecast (2016-2028) (US $MN) Table 31 Global Test and Measurement Equipment Market By Signal Generators, Market Forecast (2016-2028) (US $MN) Table 32 Global Test and Measurement Equipment Market By Thermal Imagers, Market Forecast (2016-2028) (US $MN) Table 33 Global Test and Measurement Equipment Market By Wireless Test Equipment, Market Forecast (2016-2028) (US $MN) Table 34 Global Test and Measurement Equipment Market By Spectrum Analyzers, Market Forecast (2016-2028) (US $MN) Table 35 Global Test and Measurement Equipment Market By Logic Analyzers, Market Forecast (2016-2028) (US $MN) Table 36 Global Test and Measurement Equipment Market By Network Analyzers, Market Forecast (2016-2028) (US $MN) Table 37 Global Test and Measurement Equipment Market By Network Simulators, Market Forecast (2016-2028) (US $MN) Table 38 Global Test and Measurement Equipment Market By Semiconductor Test Equipment, Market Forecast (2016-2028) (US $MN) Table 39 Global Test and Measurement Equipment Market By RF Test Chambers, Market Forecast (2016-2028) (US $MN) Table 40 Global Test and Measurement Equipment Market By Equipment, Market Forecast (2016-2028) (US $MN) Table 41 Global Test and Measurement Equipment Market By Portable, Market Forecast (2016-2028) (US $MN) Table 42 Global Test and Measurement Equipment Market By Mobile, Market Forecast (2016-2028) (US $MN) Table 43 Global Test and Measurement Equipment Market By Stationary, Market Forecast (2016-2028) (US $MN) Table 44 Global Test and Measurement Equipment Market By Electronic Type, Market Forecast (2016-2028) (US $MN) Table 45 Global Test and Measurement Equipment Market By End User, Market Forecast (2016-2028) (US $MN) Table 46 Global Test and Measurement Equipment Market By Aerospace & Defense, Market Forecast (2016-2028) (US $MN) Table 47 Global Test and Measurement Equipment Market By Automotive & Transportation, Market Forecast (2016-2028) (US $MN) Table 48 Global Test and Measurement Equipment Market By Education & Government, Market Forecast (2016-2028) (US $MN) Table 49 Global Test and Measurement Equipment Market By IT & Telecommunications, Market Forecast (2016-2028) (US $MN) Table 50 Global Test and Measurement Equipment Market By Industrial & Manufacturing, Market Forecast (2016-2028) (US $MN) Table 51 Global Test and Measurement Equipment Market By Semiconductor & Electronics, Market Forecast (2016-2028) (US $MN) Table 52 Global Test and Measurement Equipment Market By Healthcare & Medical Equipment, Market Forecast (2016-2028) (US $MN) Table 53 Global Test and Measurement Equipment Market By General Industry, Market Forecast (2016-2028) (US $MN) Table 54 Global Test and Measurement Equipment Market By Pharmaceuticals, Market Forecast (2016-2028) (US $MN) Table 55 Global Test and Measurement Equipment Market By Type, Market Forecast (2016-2028) (US $MN) Table 56 Global Test and Measurement Equipment Market By Non-destructive, Market Forecast (2016-2028) (US $MN) Table 57 Global Test and Measurement Equipment Market By Destructive, Market Forecast (2016-2028) (US $MN) Table 58 Global Test and Measurement Equipment Market By Component, Market Forecast (2016-2028) (US $MN) Table 59 Global Test and Measurement Equipment Market By Value Added Accessories, Market Forecast (2016-2028) (US $MN) Table 60 Global Test and Measurement Equipment Market By Cables Assemblies, Market Forecast (2016-2028) (US $MN) Table 61 Global Test and Measurement Equipment Market By Connectors, Market Forecast (2016-2028) (US $MN) Table 62 Global Test and Measurement Equipment Market By Application, Market Forecast (2016-2028) (US $MN) Table 63 Global Test and Measurement Equipment Market By ?urb?n??, Market Forecast (2016-2028) (US $MN) Table 64 Global Test and Measurement Equipment Market By ?m?rt?h?n??, Market Forecast (2016-2028) (US $MN) Table 65 Global Test and Measurement Equipment Market By M?3 Pl???r?, Market Forecast (2016-2028) (US $MN) Table 66 Global Test and Measurement Equipment Market By S?l?r Inv?rt?r?, Market Forecast (2016-2028) (US $MN) Table 67 Global Test and Measurement Equipment Market By D?g?t?l C?m?r??, Market Forecast (2016-2028) (US $MN) Table 68 Global Test and Measurement Equipment Market By Aut?m?t?v? C?r Su???n???n, Market Forecast (2016-2028) (US $MN) Table 69 Global Test and Measurement Equipment Market By A?r?r?ft Pr??ul???n S??t?m?, Market Forecast (2016-2028) (US $MN) Table 70 Global Test and Measurement Equipment Market By Instrumentation Type, Market Forecast (2016-2028) (US $MN) Table 71 Global Test and Measurement Equipment Market By Field Instrumentation, Market Forecast (2016-2028) (US $MN) Table 72 Global Test and Measurement Equipment Market By Lab Instrumentation, Market Forecast (2016-2028) (US $MN) Table 73 Global Test and Measurement Equipment Market By Scales & Weight, Market Forecast (2016-2028) (US $MN) Table 74 Global Test and Measurement Equipment Market By Spectroscopy, Market Forecast (2016-2028) (US $MN) Table 75 Global Test and Measurement Equipment Market By Active Probes, Market Forecast (2016-2028) (US $MN) Table 76 Global Test and Measurement Equipment Market By Data Acquisition, Market Forecast (2016-2028) (US $MN) Table 77 Global Test and Measurement Equipment Market By Laser Distance Measurement, Market Forecast (2016-2028) (US $MN) Table 78 Global Test and Measurement Equipment Market By , Market Forecast (2016-2028) (US $MN) NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.

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