The test and measurement market size was valued at USD 4.56 bn in 2020-2024. The market is expected to witness robust growth at a CAGR of 4 % during the forecast period 2020-2024. The market sizing has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the test and measurement market.
The size of the global test and measurement market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Anritsu Corp., Advantest Corp.
Fortive Corp., Hitachi Ltd., Keysight Technologies Inc., National Instruments Corp., Rohde & Schwarz GmbH & Co., KG
Teradyne Inc., Thermo Fisher Scientific Inc., and Yokogawa Electric Corp.
