Test and Measurement

The test and measurement equipment market has established utmost importance and consumption with an anticipated market increase from $25.7 billion in 2018 to $32.3 billion by 2024, at a CAGR of 3.90%. Tools used for testing and measuring include anything from oscilloscopes, signal generators, and spectrum analyzers to automated test equipment (ATE), radio frequency (RF) testing, and data acquisition (DAQ). Almost every industry needs testing and measuring, including the automotive, IT and telecommunications, aerospace and defense, electronics, industrial, and healthcare sectors.