시험기 및 계측기 시장 : 제품 유형별, 서비스 유형별, 업계별, 지역별, 기회 및 예측(2018-2032년)

Global test and measurement equipment market is projected to witness a CAGR of 4.86% during the forecast period 2025-2032, growing from USD 36.23 billion in 2024 to USD 52.96 billion in 2032. The addition of high-end technology like the Internet of Things (IoT) to consumer electronics has transformed the production of more connected testing and measurement tools. Testing becomes crucial in the development cycle of any product or service. Hence, companies across domains are investing in the expansion of their test and measurement gear. It therefore translates to high testing and skilled labor costs by using multiple testing methods with various test equipment for checking the functionality of the product. Hence, it requires low-cost test equipment with more universal testing capabilities. The new age of technology supports high performance while equipping itself in terms of testing. Reliability and safety for a product call for highly accurate testing needs. A prime factor contributing to the boom is IoT devices coming online, a proliferation of 5G networking, and evolving automation and digital solutions in areas like improving test efficiency. Along with trends toward the miniaturization of electronics, further tightening up the regulatory requirement sets high stakes toward maintaining top quality and adhering to safe practices. The increasing complexity of design can only make higher demand for developing test equipment accordingly.

For instance, in September 2024, Keysight Technologies Inc. introduced the InfiniiVision HD3 Series, a 14-bit analog-to-digital converter (ADC) oscilloscope, delivering four times the signal resolution and half the noise floor of other general-purpose oscilloscopes. Engineers can swiftly identify and resolve signal problems in a range of applications using the HD3 Series, which was completely redesigned and constructed using a deep memory architecture and a unique application-specific integrated circuit (ASIC).

AI Integration and Cloud-based Monitoring to Fuel Market Growth

Integration of AI with the latest communications technologies has dramatically steered growth into the test and measurement equipment market. It enhances data analysis as well as predictive maintenance through machine learning, allowing for faster and more accurate testing processes. These technologies facilitate on-time decision-making and enable early detection of potential faults that will minimize a firm's downtime, leading to an overall improvement in efficiency. Cloud-based monitoring is changing the test and measurement equipment market because it provides access to real-time data for analysis. It offers remote monitoring capabilities, improving the efficiency of operations and team collaboration. Test results can be shared immediately between companies, leading to better decision-making and less downtime.

For instance, in September 2024, Vaisala oyj launched a scalable cloud version of its trusted view Linc Continuous Monitoring Software. It ensures complete adherence to stringent industry rules by enabling life sciences businesses, including pharmaceutical, biotechnology, and medical device industries, to monitor, alarm, and report on facility conditions.

Moreover, the rise of the Internet of Things (IoT) allows for remote monitoring and control of testing operations, further enhancing operational efficiency. This technological evolution not only creates innovative solutions but also presents new business opportunities and competitive advantages within the industry. As companies strive for faster, more efficient testing procedures, the market for AI-integrated test and measurement equipment is poised for substantial expansion.

Stringent Regulatory Standards and Higher Penetration of Automation to Fuel Market Growth

Strict regulatory conditions in various sectors are one of the key factors driving the test and measurement equipment market. Sectors like health care, automobiles, and aeronautics have stringent requirements that need thorough testing to guarantee safety, quality, and adherence to standards. For example, medical devices have to undergo considerable validation before hitting the market since they must pass safety regulations. Automotive components, too, undergo strict performance evaluations to adhere to safety standards. Advanced communication networks, especially the implementation of 5G and fiber-optic technologies, are essential drivers of growth in the market for test and measurement equipment. The complexity of these next-generation networks requires highly specialized testing solutions to validate performance, optimize infrastructure, and ensure seamless integration. As 5G operates at higher frequencies and introduces features like massive MIMO and beamforming, the need for accurate testing tools increases in order to meet stringent performance standards. Companies try to cover up the vertical by using advanced vector magnitude measurements.

For instance, in May 2023, Keysight Technologies, Inc. launched the Keysight E5081A ENA-X, the first midrange vector network analyzer (VNA) that produces fast, accurate error vector magnitude (EVM) measurements and accelerates the characterization of 5G component designs by up to 50%. Demand for ever-increasing data speeds with ultra-low latency is pushing the next generation of wireless communications systems to operate at higher radio frequencies (RF)

Wide Range of Applications to Make the Automotive and Transportation Segment Leading

Based on vertical, the automotive and transportation segment leads the test and measurement equipment market due to the industry's rapid advancements in electric vehicles (EVs), autonomous driving, and stringent safety regulations. Modern vehicles have complex electronics, sensors, and communication systems that need to be tested with high precision for performance, safety, and regulatory compliance. With the shift towards EVs, battery testing has become a critical area, demanding high-precision measurement equipment to evaluate energy efficiency, thermal management, and durability. Autonomous vehicles also rely on advanced driver-assistance systems (ADAS) and LiDAR technology, which require rigorous validation through sophisticated testing solutions.

Strict government regulations on emissions, safety, and connectivity also fuel the demand for test and measurement equipment. Automotive manufacturers and suppliers invest in testing tools to ensure compliance with global standards, reduce recalls, and enhance reliability. Moreover, integrating 5G and vehicle-to-everything (V2X) communication requires advanced testing to provide seamless connectivity and cybersecurity. Testing equipment is also needed for predictive maintenance and system diagnostics in rail and aerospace transportation infrastructure to ensure efficient and safe operations. As the industry continues to evolve with smart mobility solutions, demand for test and measurement equipment will grow, reinforcing its leadership in the market by vertical.

For instance, in December 2023, Xylem Inc. launched a new smart meter with grid-edge, EV charging data capabilities. With its processor and more data set possibilities, utilities will be able to retrieve more system diagnostics than previously, providing them with a greater understanding of consumer electricity usage and a health check of their distribution system.

Asia-Pacific Leads in the Test and Measurement Equipment Market

Asia Pacific leads the test and measurement equipment market due to rapid industrialization, technological advancements, and the growing presence of key industries such as automotive, electronics, and telecommunications. Major manufacturing hubs are found in the region, especially in China, Japan, South Korea, and India, where the demand for quality assurance and regulatory compliance is very high, creating a need for advanced testing solutions. The automotive sector, particularly electric vehicles and autonomous driving has created huge demand for testing equipment. Countries like China and Japan are pioneers in EVs, which entail massive battery testing, safety verification, and performance evaluation. Similarly, the emergence of leading semiconductor and electronics firms, such as TSMC and Samsung, increases the necessity for precision testing in consumer electronics, IoT, and 5G networks. Moreover, initiatives by the government for digital transformation, smart manufacturing, and infrastructure development boost market growth. The market is driven forward by increasing investments in R&D, strict quality measures, and indigenous companies launching advanced measuring equipment.

For instance, in June 2024, Japan-based ADVANTEST CORPORATION launched new nanoSCOUTER particle measuring equipment. The WEL2100 is a fine particle measurement device that measures particles like viruses, exosomes, and lipid nanoparticles for drug delivery systems using a precise nanopore (nanometer-scale pore) sensor device created using semiconductor manufacturing processes and microcurrent measurement technology.

Future Market Scenario (2025 - 2032F)

The integration of Industry 4.0 principles and the Internet of Things (IoT) is transforming the test and measurement landscape.

The deployment of 5G technology is a major catalyst for market expansion, particularly in telecommunications. The demand for advanced test equipment capable of handling higher frequencies and increased data rates is surging as industries adapt to this new communication standard.

As electronic products become more sophisticated, there is a growing need for advanced testing solutions to ensure compliance with industry standards and reliability.

The rising production of electric vehicles and advancements in battery technology are creating new opportunities for test and measurement equipment.

Key Players Landscape and Outlook

Key players are implementing various strategies to strengthen their competitive edge and adapt to market demands. A significant focus is on innovation and product development, where companies are investing in advanced technologies such as artificial intelligence and machine learning to enhance testing accuracy and efficiency. The shift towards portable and cloud-based solutions is also prominent, allowing for greater flexibility and remote access to data, which aligns with the increasing need for mobility in testing environments. Furthermore, there is an emphasis on expanding into emerging markets, where rising infrastructure investments create substantial opportunities for growth. The integration of automation into testing processes is another critical strategy, as it improves efficiency and reduces the time required for data collection and analysis. These strategies collectively aim to address the evolving needs of industries such as telecommunications, automotive, and healthcare, ensuring that companies remain at the forefront of technological advancements in the test and measurement sector.

For instance, in September 2024, Viavi Solutions Inc. announced the first solution to address the testing and validation needs of the emerging 1.6Tb/s ecosystem based on 224G SERDES. The company's expanding ONE LabProTM platform, which also comprises the HSE-800 800Gb/s test module, now has the ONE-1600 as its newest testing module.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customers

• 4.1. Respondent Demographics
• 4.2. Brand Awareness
• 4.3. Factors Considered in Purchase Decisions

5. Global Test and Measurement Equipment Market Outlook, 2018-2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Product Type
    • 5.2.1.1. General-Purpose Test Equipment
    • 5.2.1.2. Mechanical Test Equipment
    • 5.2.1.3. Software
    • 5.2.1.4. Services
  • 5.2.2. By Service Type
    • 5.2.2.1. Calibration Services
    • 5.2.2.2. Repair/After-Sales Services
  • 5.2.3. By Vertical
    • 5.2.3.1. Automotive
    • 5.2.3.2. Aerospace and Defense
    • 5.2.3.3. IT and Telecommunications
    • 5.2.3.4. Healthcare
    • 5.2.3.5. Others
  • 5.2.4. By Region
    • 5.2.4.1. North America
    • 5.2.4.2. Europe
    • 5.2.4.3. Asia-Pacific
    • 5.2.4.4. South America
    • 5.2.4.5. Middle East and Africa
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 5.3. Market Map Analysis, 2024
  • 5.3.1. By Product Type
  • 5.3.2. By Service Type
  • 5.3.3. By Vertical
  • 5.3.4. By Region

6. North America Test and Measurement Equipment Market Outlook, 2018-2032F*

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Product Type
    • 6.2.1.1. General-Purpose Test Equipment
    • 6.2.1.2. Mechanical Test Equipment
    • 6.2.1.3. Software
    • 6.2.1.4. Services
  • 6.2.2. By Service Type
    • 6.2.2.1. Calibration Services
    • 6.2.2.2. Repair/After-Sales Services
  • 6.2.3. By Vertical
    • 6.2.3.1. Automotive
    • 6.2.3.2. Aerospace and Defense
    • 6.2.3.3. IT and Telecommunications
    • 6.2.3.4. Healthcare
    • 6.2.3.5. Others
  • 6.2.4. By Country Share
    • 6.2.4.1. United States
    • 6.2.4.2. Canada
    • 6.2.4.3. Mexico
• 6.3. Country Market Assessment
  • 6.3.1. United States Test and Measurement Equipment Market Outlook, 2018-2032F*
    • 6.3.1.1. Market Size Analysis & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share Analysis & Forecast
      • 6.3.1.2.1. By Product Type
        • 6.3.1.2.1.1. General-Purpose Test Equipment
        • 6.3.1.2.1.2. Mechanical Test Equipment
        • 6.3.1.2.1.3. Software
        • 6.3.1.2.1.4. Services
      • 6.3.1.2.2. By Service Type
        • 6.3.1.2.2.1. Calibration Services
        • 6.3.1.2.2.2. Repair/After-Sales Services
      • 6.3.1.2.3. By Vertical
        • 6.3.1.2.3.1. Automotive
        • 6.3.1.2.3.2. Aerospace and Defense
        • 6.3.1.2.3.3. IT and Telecommunications
        • 6.3.1.2.3.4. Healthcare
        • 6.3.1.2.3.5. Others
  • 6.3.2. Canada
  • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Test and Measurement Equipment Market Outlook, 2018-2032F

• 7.1. Germany
• 7.2. France
• 7.3. Italy
• 7.4. United Kingdom
• 7.5. Russia
• 7.6. Netherlands
• 7.7. Spain
• 7.8. Turkey
• 7.9. Poland

8. Asia-Pacific Test and Measurement Equipment Market Outlook, 2018-2032F

• 8.1. India
• 8.2. China
• 8.3. Japan
• 8.4. Australia
• 8.5. Vietnam
• 8.6. South Korea
• 8.7. Indonesia
• 8.8. Philippines

9. South America Test and Measurement Equipment Market Outlook, 2018-2032F

• 9.1. Brazil
• 9.2. Argentina

10. Middle East and Africa Test and Measurement Equipment Market Outlook, 2018-2032F

• 10.1. Saudi Arabia
• 10.2. UAE
• 10.3. South Africa

11. Porter's Five Forces Analysis

12. PESTLE Analysis

13. Market Dynamics

• 13.1. Market Drivers
• 13.2. Market Challenges

14. Market Trends and Developments

15. Case Studies

16. Competitive Landscape

• 16.1. Competition Matrix of Top 5 Market Leaders
• 16.2. SWOT Analysis for Top 5 Players
• 16.3. Key Players Landscape for Top 10 Market Players
  • 16.3.1. Keysight Technologies Inc.
    • 16.3.1.1. Company Details
    • 16.3.1.2. Key Management Personnel
    • 16.3.1.3. Key Products and Services Offered
    • 16.3.1.4. Key Financials (As Reported)
    • 16.3.1.5. Key Market Focus and Geographical Presence
    • 16.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 16.3.2. AMETEK, Inc.
  • 16.3.3. Rohde & Schwarz GmbH & Co. KG
  • 16.3.4. Fortive Corporation
  • 16.3.5. Teledyne Technologies Incorporated
  • 16.3.6. VIAVI Solutions Inc.
  • 16.3.7. ANRITSU CORPORATION
  • 16.3.8. EXFO Inc.
  • 16.3.9. Saluki Technology Inc.
  • 16.3.10. Vaunix Technology Corporation

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

17. Strategic Recommendations

18. About Us and Disclaimer