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General Purpose Electronic Test and Measurement Instruments

General Purpose Electronic Test and Measurement Instruments

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General Purpose Electronic Test and Measurement Instruments
Global General Purpose Electronic Test and Measurement Instruments Market to Reach $15.6 Billion by 2030
The global market for General Purpose Electronic Test and Measurement Instruments estimated at US$7.5 Billion in the year 2022, is projected to reach a revised size of US$15.6 Billion by 2030, growing at a CAGR of 9.6% over the period 2022-2030. Digital Oscilloscopes, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$3 Billion by the end of the analysis period. Growth in the Extension-Based T&M Instruments segment is estimated at 12.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8.5% CAGR
The General Purpose Electronic Test and Measurement Instruments market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.Select Competitors (Total 221 Featured) - Advantest Corporation Anritsu Corporation AstroNova, Inc. B&K Precision Corporation Boonton Electronics Fluke Corporation Fortive Corporation GaGe Applied Technologies, Inc. Good Will Instrument Co., Ltd. Hioki E. E. Corporation Ideal Industries, Inc. Keysight Technologies, Inc. National Instruments Corporation Pico Technology Rohde & Schwarz GmbH & Co. KG Stanford Research Systems, Inc. Tektronix, Inc. Teledyne LeCroy, Inc. Thurlby Thandar Instruments Limited VIAVI Solutions, Inc. Wireless Telecom Group, Inc. Yokogawa Electric CorporationPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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