Test and Measurement Equipment Market Size, Share & Industry Analysis by Component (Hardware (General Purpose Test Equipment (High-frequency/RF/Microwave Test Instruments, Modular Instruments (SW, FPGA-based), Portable/Handheld/Field Instruments, and Power/Battery Test and Analyzers) and Automated Test Equipment (ATE)) and Software & Services), By End-user (Semiconductor/Electronics, Automotive & EV Infrastructure, Telecommunication/5G/6G, Renewable Energy/Battery Storage, Aerospace & Defense, Medical Devices/Healthcare, and Others), and Regional Forecast, 2026 – 2034

Last Updated: January 26, 2026 | Format: PDF | Report ID: FBI113228

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ATTRIBUTE	DETAILS
Study Period	2021-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2021-2024
Growth Rate	CAGR of 5.70% from 2026-2034
Unit	Value (USD Billion)
Segmentation	By Component · Hardware o General Purpose Test Equipment - High-frequency/RF/Microwave Test Instruments - Modular Instruments (SW, FPGA-based) - Portable/Handheld/Field Instruments - Power/Battery Test and Analyzers o Automated Test Equipment (ATE) · Software & Services
	By End-user · Semiconductor/Electronics · Automotive & EV Infrastructure · Telecommunication/5G/6G · Renewable Energy/Battery Storage · Aerospace & Defense · Medical Devices/Healthcare · Others
	By Geography · North America (By Component, By End-user, and By Country) o U.S. (End-user) o Canada (End-user) o Mexico (End-user) · South America (By Component, By End-user, and By Country) o Brazil (End-user) o Argentina (End-user) o Rest of South America · Europe (By Component, By End-user, and By Country) o U.K. (End-user) o Germany (End-user) o France (End-user) o Italy (End-user) o Spain (End-user) o Russia (End-user) o Benelux (End-user) o Nordics (End-user) o Rest of Europe · Middle East & Africa (By Component, By End-user, and By Country) o Turkey (End-user) o Israel (End-user) o GCC (End-user) o North Africa (End-user) o South Africa (End-user) o Rest of the Middle East & Africa · Asia Pacific (By Component, By End-user, and By Country) o China (End-user) o India (End-user) o Japan (End-user) o South Korea (End-user) o ASEAN (End-user) o Oceania (End-user) · Rest of Asia Pacific