Test and Measurement Equipment Market by Product (General Purpose Test Equipment and Mechanical Test Equipment), Service Type (Calibration Services and Repair Services/After Sales Services), End Use (Automotive & Transportation, Aerospace & Defense, It & Telecommunications, Education & Government, Semiconductor & Electronics, Industrial, and Healthcare), Instrumentation Type (Active Probes, Data Acquisition, Field Instrumentation, Lab Instrumentation, Laser Distance Measurement, Scales & Weight, and Spectroscopy), and Type (Destructive and Non-Destructive Testing): Global Opportunity Analysis and Industry Forecast, 2019–2026

Pages: NA
Oct 2020 | 1882 Views
Author(s) : NA
Tables: NA
Charts: NA


Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Test And Measurement Equipment Market

Request Now !

Test and Measurement Equipment Market Outlook - 2026

Test and measurement equipment are the equipment that are used while designing and manufacturing a product or service to ensure highest level of customer satisfaction with products and services. The test and measurement equipment play an important role in the delivery of product and service quality to the customer. Test and measurement equipment are used in several industries such as medical, automotive, energy, telecommunications, consumer electronics, semiconductors, aerospace and defense. Test and measurement equipment are used in different phases of the product life cycle, such as design of new products and development of old product. Test and measurement equipment are also used for the final inspection of end products. On the basis of product, the general-purpose test equipment segment values for the largest market share followed by mechanical test equipment. Automated test equipment oscilloscopes cover the major test and measurement equipment market share in general-purpose test equipment.  


Geographically, North America cover the largest market share as several major players are present in this region. Furthermore, Asia-Pacific is also expected to grow at a fastest pace as the governments in these regions are taking various initiatives to promote the innovations and R&D in their countries. The automotive industry is expected to gain the highest market share, considering the recent trends related to the connected car and autonomous car.  Due to the development of new healthcare equipment, patient-monitoring systems, and personal emergency reporting systems the healthcare sector is expected to drive the test and measurement equipment market.

Some of the major factors that drive the growth of the test and measurement equipment market include increase in demand for T&M solutions by end users, increase in technological advancement, and rise in demand for electronic devices. However, the price sensitivity of test and measurement equipment is expected to restrain the market growth. Each of these factors is anticipated to have a definite impact on the test and measurement equipment market during the forecast period. Furthermore, advent of 5G technology and deployment of LTE & LTE-Advanced (4G) Networks Rapid Penetration of IoT Devices are anticipated to provide growth opportunities for the market expansion. 

The test and measurement equipment market is segmented based on product, service type, end use and region. Based on product, the market is bifurcated into general purpose test equipment and mechanical test equipment. By service type, it is categorized into calibration services and repair services/after sales services. Based on End Use, the market is divided into automotive & transportation, aerospace & defense, IT & telecommunications, education & government, semiconductor & electronics, industrial, and healthcare. By instrumentation type, it is classified into active probes, data acquisition, field instrumentation, lab instrumentation, laser distance measurement, scales & weight, and spectroscopy. Based on type, it is categorized into destructive and non-destructive testing. Based on region, the market is analyzed into Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa.

The major companies profiled in the test and measurement equipment market include Fortive Corporation, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Keysight Technologies, Yokogawa Electric Corporation, National Instruments Corporation, EXFO, Inc., Advantest Corporation, VIAVI Solutions Inc., and Texas Instruments Incorporated. 


  • This study comprises analytical depiction of the test and measurement equipment market with current trends and future estimations to depict the imminent investment pockets.
  • The overall test and measurement equipment market potential is determined to understand the profitable trends to gain a stronger foothold in the test and measurement equipment industry.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.


By Product 

  • General Purpose Test Equipment  
  • Mechanical Test Equipment   

By Service Type

  • Calibration Services  
  • Repair Services/After Sales Services

By End-Use

  • Automotive & Transportation
  • Aerospace & Defense
  • It & Telecommunications
  • Education & Government
  • Semiconductor & Electronics
  • Industrial
  • Healthcare

By Instrumentation Type 

  • Active Probes 
  • Data Acquisition
  • Field Instrumentation
  • Lab Instrumentation
  • Laser Distance Measurement
  • Scales & Weight
  • Spectroscopy

By Type

  • Destructive
  • Non-destructive

By Regions Covered:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
    • Latin America
    • Middle East
    • Africa


  • Fortive Corporation
  • Rohde & Schwarz GmbH & Co. KG
  • Anritsu Corporation 
  • Keysight Technologies
  • Yokogawa Electric Corporation 
  • National Instruments Corporation
  • EXFO, Inc.
  • Advantest Corporation
  • VIAVI Solutions Inc.
  • Texas Instruments Incorporated


With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at










Purchase Full Report of
Test and Measurement Equipment Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $8,995  $8,096
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts