The global Test and Measurement Equipment market size is expected to reach $ 20460 million by 2032, rising at a market growth of 5.7% CAGR during the forecast period (2026-2032).
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 covers Microwave and Millimeter-wave, Photoelectric, Communication and Basic Test and Measurement Equipment.
Global key players of Test and Measurement Equipment include Keysight, Rohde & Schwarz, National Instruments (Emerson), Teledyne, Tektronix, etc. The top five players hold a share about 44%. Asia Pacific is the largest market for Test and Measurement, which has a share about 45%, followed by North America and Europe, with share 34% and 15%, separately. In terms of product type, Microwave / Millimeter-wave is the largest segment, occupied for a share of 31%. In terms of application, Automotive is the largest field with a share about 22%.
This report studies the global Test and Measurement Equipment demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Test and Measurement Equipment, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Test and Measurement Equipment that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Test and Measurement Equipment total market, 2021-2032, (USD Million)
Global Test and Measurement Equipment total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Test and Measurement Equipment total market, key domestic companies, and share, (USD Million)
Global Test and Measurement Equipment revenue by player, revenue and market share 2021-2026, (USD Million)
Global Test and Measurement Equipment total market by Type, CAGR, 2021-2032, (USD Million)
Global Test and Measurement Equipment total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Test and Measurement Equipment market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Keysight, Rohde & Schwarz, Tektronix, Teledyne, National Instruments, Anritsu, Viavi, Ceyear, Ametek, Advantest, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Test and Measurement Equipment market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Test and Measurement Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Test and Measurement Equipment Market, Segmentation by Type:
Microwave / Millimeter-wave
Photoelectric
Communication
Basic
Global Test and Measurement Equipment Market, Segmentation by Application:
Automotive
Aerospace and Defense
IT and Telecommunications
Medical and Pharmaceuticals
Semiconductor and Electronics
Industrial
Others
Companies Profiled:
Keysight
Rohde & Schwarz
Tektronix
Teledyne
National Instruments
Anritsu
Viavi
Ceyear
Ametek
Advantest
Exfo
Yokogawa Electric
Gw Instek
RIGOL
Transcom Instruments
SIGLENT
UNI-T
Scientech Technologies
B&K Precision
Key Questions Answered
1. How big is the global Test and Measurement Equipment market?
2. What is the demand of the global Test and Measurement Equipment market?
3. What is the year over year growth of the global Test and Measurement Equipment market?
4. What is the total value of the global Test and Measurement Equipment market?
5. Who are the Major Players in the global Test and Measurement Equipment market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Test and Measurement Equipment. Industry analysis & Market Report on Test and Measurement Equipment is a syndicated market report, published as Global Test and Measurement Equipment Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Test and Measurement Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.