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World - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jan 26, 2024

Top Import Markets for Test and Measurement Equipment

The world of test and measurement is a critical aspect of various industries, ensuring the accuracy and reliability of measurements, experiments, and quality control processes. As technology continues to advance, the demand for test and measurement equipment continues to grow, resulting in a thriving import market. In this article, we will explore the world's best import markets for test and measurement, backed by key statistics and data from the IndexBox market intelligence platform.

1. United States

The United States stands as the world's leading importer of test and measurement equipment, with an import value of 1.7 billion USD in 2022. The country's robust industrial base, extensive research and development activities, and stringent quality control regulations contribute to this significant import market. The demand for precise testing solutions across various sectors like automotive, aerospace, electronics, and telecommunications further fuels the import of these essential tools and equipment.

2. China

Following closely behind the United States, China secures the second position with an import value of 1.5 billion USD in 2022. The country's rapid industrialization, driven by manufacturing and technological advancements, propels the demand for reliable test and measurement instruments. The electronics and telecommunications sectors, in particular, heavily rely on these tools to ensure product quality and compliance with stringent standards.

3. Germany

Germany, known for its engineering prowess and high-quality manufacturing, holds the third spot in the global import market for test and measurement. With an import value of 1.3 billion USD in 2022, the country's demand for precise measuring instruments stems from its diverse industrial sectors, including automotive, machinery, and electronics. The emphasis on precision and efficiency in German manufacturing processes makes test and measurement equipment crucial for maintaining product integrity.

4. South Korea

South Korea stands as a significant player in the import market for test and measurement, with an import value of 511.2 million USD in 2022. The country's thriving electronics industry, driven by giants like Samsung and LG, fuels the demand for cutting-edge measurement tools. South Korea's commitment to technological innovation and quality control makes it a prime destination for test and measurement equipment imports.

5. Mexico

Mexico's import value for test and measurement stands at 430.0 million USD in 2022, making it a prominent market in the Americas. The country's strong manufacturing base, particularly in the automotive and aerospace sectors, drives the demand for accurate measurement equipment. As Mexico continues to attract foreign investments and expand its industrial capabilities, the import market for test and measurement is expected to grow further.

6. France

With an import value of 368.3 million USD in 2022, France secures a notable position in the global market for test and measurement. The country's diverse industrial landscape, encompassing sectors such as aerospace, automotive, and telecommunications, fuels the demand for high-quality measurement tools. France's commitment to research and development drives continuous innovation in these industries, necessitating reliable test and measurement equipment.

7. Canada

Canada's import market for test and measurement equipment reaches 313.1 million USD in 2022. As a technologically advanced nation with thriving industries like aerospace, telecommunications, and energy, Canada heavily relies on accurate measurement instruments. The country's commitment to maintaining stringent quality standards and ensuring precision in various applications drives the demand for test and measurement imports.

8. United Kingdom

With an import value of 303.3 million USD in 2022, the United Kingdom secures a position among the top import markets for test and measurement. The country's industrial sectors, including automotive, aerospace, and electronics, heavily rely on test and measurement tools to ensure product quality and compliance. The UK's diligence in adhering to international standards and the adoption of advanced technologies contribute to its significant import market.

9. Singapore

Singapore's import market for test and measurement equipment reaches 283.4 million USD in 2022. As a global technological hub, the country promotes innovation and precision in its industrial processes. The electronics, semiconductor, and telecommunications sectors, in particular, drive the demand for state-of-the-art measurement tools. Singapore's commitment to becoming a Smart Nation further amplifies the need for advanced test and measurement imports.

10. Italy

Italy secures the tenth position in the global import market for test and measurement, with an import value of 277.6 million USD in 2022. The country's diverse manufacturing industries, including automotive, machinery, and electronics, rely on accurate measurement instruments to ensure product quality. Italy's rich history of craftsmanship combined with modern manufacturing practices necessitates the use of cutting-edge test and measurement equipment.

In conclusion, the world's best import markets for test and measurement equipment are diverse and driven by industrial needs, technological advancements, and commitment to quality. The United States takes the lead, followed by China, Germany, South Korea, and Mexico. France, Canada, the United Kingdom, Singapore, and Italy also contribute significantly to this thriving import market. The statistics and data mentioned in this article are derived from the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global test and measurement market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
  • Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
  • Prodcom 26515279 - Other instruments for measuring or checking pressure: others

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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