Test and Measurement Equipment Market by Product, Service, Application & Geography – Global Forecast to 2023 – Research and Markets

December 11, 2017

DUBLIN–(BUSINESS WIRE)–The "Test
and Measurement Equipment Market – Global Forecast to 2023"
report has been added to Research and Markets' offering.

The test and measurement equipment market is expected to reach USD 28.98
billion by 2023 from USD 23.51 billion in 2017, at a CAGR of 3.55%. The
increased penetration of modular instrumentation, increasing
technological advancement towards networking and communication, increase
in the adoption of electronic devices, and increased R&D spending are
the factors driving the growth of the test and measurement equipment
market.

The test and measurement equipment market for modular instrumentation is
expected to witness the highest CAGR between 2017 and 2023. The major
factors contributing to this growth are the increasing production and
consumption in the automotive sector, technological advancements
pertaining to the 5G solutions in the IT and telecommunication sectors,
and growing focus of stakeholders on the industry 4.0 and smart
applications.

The machine vision inspection equipment is expected to hold the largest
share of the market during the forecast period. The market is driven by
the increasing adoption of 3D machine vision systems, rising need for
quality inspection and automation, growing demand for vision-guided
robotic systems, and increasing demand for application-specific machine
vision systems. Moreover, realizing the future demand for intelligent
transport systems and automated vehicles, the connected vehicle
companies and city authorities are increasingly adopting machine vision
systems.

Companies Mentioned

  • Adlink
  • Advantest
  • Ametek
  • Anritsu
  • B&K Precision
  • Cobham
  • DS Instruments
  • Dynamicsignals
  • Exfo
  • Fortive
  • Freedom Communication
  • Giga-Tronics
  • Gw Instek
  • Keysight
  • Leader Instruments
  • National Instruments
  • Rigol
  • Rohde & Schwarz
  • Saluki
  • Stanford Research Systems
  • Teledyne
  • Texas Instruments
  • Vaunix
  • Viavi
  • Yokogawa Electric

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Test and Measurement Equipment Market, By Product

7 Test and Measurement Equipment Market, By Service Type

8 Test and Measurement Equipment Market, By End-Use Sector

9 Test and Measurement Equipment Market, By Geography

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/npq4s9/test_and

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