시험 및 계측 장비 시장 보고서 : 제품 유형, 최종 이용 산업, 지역별(2025-2033년)

The global test and measurement equipment market size reached USD 26.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 38.5 Billion by 2033, exhibiting a growth rate (CAGR) of 3.86% during 2025-2033. Increasing demand across industries like telecommunications and automotive, rapid technological advancements, stringent regulatory requirements, trends towards miniaturization in electronics, Industry 4.0 initiatives, expanding applications in renewable energy and wireless communication, and the shift towards predictive maintenance in industrial operations are some of the factors facilitating the market growth.

Test and Measurement Equipment Market Trends:

Increasing Demand for Electronics and Semiconductor Devices

The test and measurement equipment market globally is mainly influenced by the demand for more electronics as well as semiconductor devices in many industries, including telecommunications, automotive, aerospace, and healthcare. The industries implement sophisticated electronics in their design, which necessitates stringent testing to validate components' conformity to high reliability and performance standards, further supporting the test and measurement equipment market scenario. The development in consumer electronics has increased the requirement for precision test equipment, and this is contributing to the market growth further. Besides thus, the increasing availability of IoT devices and the establishment of 5G networks increase the demand for advanced testing solutions that can provide complex functionalities as well as offer seamless connectivity.

Technological Advancements and Industry 4.0

Technological innovations, including IoT, AI, and 5G, are leading to significant transformations in industries, which has further increased the need for advanced test equipment. Since 5G networks are experiencing widespread adoption in the telecommunication sector, it has further increased the need for testing equipment that can analyze network quality and analyze time delay (latency) throughput results, which further ensures greater user experiences. Additionally, AI-based algorithms are aligning the arrival of intelligent manufacturing techniques with Industry 4.0, and automated testing platforms are at the forefront of enhancing the efficiency of production and quality assurance of goods, which is another market growth opportunity factor.

Stringent Regulatory Requirements and Standards

The strict regulatory standards and industry norms in industries like healthcare, automotive, and aerospace play a crucial role in fueling the use of advanced test and measurement equipment. In healthcare, for example, medical devices need to be thoroughly tested to meet safety and efficacy standards to ensure patient safety and regulatory compliance. Equally, the automobile sector needs test equipment to authenticate the performance and longevity of automotive parts, conforming to tight safety and environmental standards. Aerospace uses need precise testing equipment to guarantee reliability in critical systems and parts utilized in aircraft and spacecraft.

Test and Measurement Equipment Industry Segmentation:

Breakup by Product:

• General Purpose Test Equipment (GPTE)
  • Oscilloscopes
  • Signal Generators
  • Multimeters
  • Logic Analyzers
  • Spectrum Analyzers
  • Bert (Bit Error Rate Test)
  • Network Analyzers
  • Others
• Mechanical Test Equipment (MTE)
  • Non-Destructive Test Equipment
  • Machine Vision Inspection
  • Machine Condition Monitoring

General purpose test equipment (GPTE) accounts for the majority of the market share

The GPTE (general-purpose test equipment) sector is experiencing growth due to the increasing need for versatile testing solutions across various industries. These tools are crucial for their ability to perform various testing functions and may address diverse applications, spanning from electronics to telecommunications. With the progression of technology through IoT, 5G, and AI, there is an increasing demand for testing equipment capable of handling intricate functionalities and high-performance standards. Furthermore, as sectors advance and innovate more while creating broader product lines, the need for adaptable testing solutions that can be modified to meet new specifications and requirements rises correspondingly. The emphasis on cost reduction and operational efficiency in testing is another significant factor, as businesses invest in tools that offer comprehensive testing functions without compromising accuracy or dependability. Aside from this, adherence to regulatory agencies is crucial, particularly in sectors like healthcare and the automotive industry, where following stringent regulations requiring highly reliable and precise testing instruments is essential. Additionally, the miniaturization of electronics drives the need for compact and portable testing solutions to accurately measure small components and devices.

Breakup by Service Type:

• Calibration Services
• Repair Services/After-Sales Services

Repair services/after-sales services accounts for the majority of the market share

The repair services/after-sales services segment is driven by product sophistication and complexity in various industries such as industrial equipment, automotive, and consumer electronics. Due to products more and more incorporating embedded technologies and components, there is higher demand for specialized repair services that diagnose and repair intricately complex issues efficiently. Customers increasingly require quick turnaround and efficient repair service, and businesses have to spend in high-quality after-sales service channels to guarantee customer satisfaction and loyalty. Moreover, regulatory and quality standards also compel the product to uphold certain performance and safety requirements even after sale, necessitating widespread after-sales support to remain compliant and mitigate risks. In addition, the expansion of leasing and subscription agreements in industries like health care and IT drives demand for efficient repair services to maximize asset utilization and minimize downtime.

Breakup by End Use Industry:

• Automotive and Transportation
• Aerospace and Defense
• IT and Telecommunication
• Education
• Semiconductor and Electronics
• Others

Automotive and transportation accounts for the majority of the market share

The automotive and transport sector is fueled by the increasing demand for mobility solutions across the world. With the increasing rate of urbanization, the demand for efficient and sustainable transport solutions is increasing, which is why electric vehicles (EVs) and hybrid vehicles are being used across the globe. This shift towards cleaner energy sources is promoted by stringent regulations for reducing carbon emissions and environmental sustainability. Also, technology advances in autonomous vehicles and connected vehicles are revolutionizing the automotive industry, enhancing safety, efficiency, and user experience. Not only are these technologies transforming vehicle design and manufacturing processes but also stimulating investments in smart transportation networks and infrastructure. Also, the growth of mobility-as-a-service (MaaS) and ridesharing platforms is changing consumer behavior, requiring more flexible, on-demand transport solutions.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

North America leads the market, accounting for the largest test and measurement equipment market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The North American regional market is driven by the increasing demand for renewable energy sources, particularly solar and wind power. Authorities across the region are promoting renewable energy initiatives to reduce carbon emissions and achieve sustainability goals. This has led to significant investments in solar and wind energy projects, boosting the demand for related equipment such as solar panels, wind turbines, inverters, and energy storage systems. Moreover, improvements in renewable energy technology have increased efficiency and reduced expenses, making these sources more economically viable. In addition to environmental benefits, switching to renewable energy enhances energy security and reduces dependence on fossil fuels. Government initiatives, such as tax breaks and grants, motivate consumers and companies to adopt renewable energy sources, enhancing market growth in North America. Moreover, progress in healthcare technology is a significant factor influencing the North America regional market, especially in medical devices and healthcare IT services. The area features a strong healthcare system and significant healthcare spending, encouraging innovation and the embrace of advanced medical technologies.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the test and measurement equipment include Advantest Corporation, Anritsu Corporation, EXFO Inc., Fortive, Keysight Technologies, Inc., National Instruments Corporation, Rohde & Schwarz GmbH & Co. KG, Teledyne Technologies Incorporated, Texas Instruments Incorporated, VIAVI Solutions Inc., Yokogawa Electric Corporation, etc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• Major participants in the market are actively involved in strategic efforts focused on improving their market standing and competitiveness. These initiatives generally involve substantial funding in research and development (R&D) to create innovative products and technologies, thus remaining ahead of market trends and addressing changing consumer needs. Businesses are prioritizing the expansion of their international presence via mergers, acquisitions, and partnerships, seeking to enhance their distribution systems and enter new markets. Moreover, there is a significant focus on sustainable practices, as players are progressively incorporating eco-friendly solutions into their operations to comply with environmental regulations and cater to consumer preferences. Additionally, enhancing operational effectiveness through process enhancement and digitalization remains a priority, enabling companies to streamline production, reduce costs, and enhance overall profitability. Customer-centric strategies, such as customized marketing strategies and improved customer service initiatives, are being embraced to establish brand loyalty and enhance customer satisfaction.

Key Questions Answered in This Report

• 1.How big is the global test and measurement equipment market?
• 2.What is the expected growth rate of the global test and measurement equipment market during 2025-2033?
• 3.What are the key factors driving the global test and measurement equipment market?
• 4.What has been the impact of COVID-19 on the global test and measurement equipment market?
• 5.What is the breakup of the global test and measurement equipment market based on the product?
• 6.What is the breakup of the global test and measurement equipment market based on the service type?
• 7.What is the breakup of the global test and measurement equipment market based on the end use industry?
• 8.What are the key regions in the global test and measurement equipment market?
• 9.Who are the key players/companies in the global test and measurement equipment market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Test and Measurement Equipment Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 General Purpose Test Equipment (GPTE)
  • 6.1.1 Market Trends
  • 6.1.2 Major Types
    • 6.1.2.1 Oscilloscopes
    • 6.1.2.2 Signal Generators
    • 6.1.2.3 Multimeters
    • 6.1.2.4 Logic Analyzers
    • 6.1.2.5 Spectrum Analyzers
    • 6.1.2.6 Bert (Bit Error Rate Test)
    • 6.1.2.7 Network Analyzers
    • 6.1.2.8 Others
  • 6.1.3 Market Forecast
• 6.2 Mechanical Test Equipment (MTE)
  • 6.2.1 Market Trends
  • 6.2.2 Major Types
    • 6.2.2.1 Non-Destructive Test Equipment
    • 6.2.2.2 Machine Vision Inspection
    • 6.2.2.3 Machine Condition Monitoring
  • 6.2.3 Market Forecast

7 Market Breakup by Service Type

• 7.1 Calibration Services
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Repair Services/After-Sales Services
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Automotive and Transportation
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Aerospace and Defense
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 IT and Telecommunication
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Education
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Semiconductor and Electronics
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Others
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Advantest Corporation
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 Anritsu Corporation
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
  • 14.3.3 EXFO Inc.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 Fortive
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Keysight Technologies, Inc.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
    • 14.3.5.3 Financials
    • 14.3.5.4 SWOT Analysis
  • 14.3.6 National Instruments Corporation
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Rohde & Schwarz GmbH & Co. KG
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Teledyne Technologies Incorporated
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Texas Instruments Incorporated
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 VIAVI Solutions Inc.
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
  • 14.3.11 Yokogawa Electric Corporation
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis