Test and Measurement Market

Test and measurement market: download the latest statistics powered by an Ai-driven BI tool. Information cover production, imports, market prices, consumption, trade, market size, companies, and exports. Here is a breakdown by country, including the Middle East, EU, the U.K., Africa, Russia, China, the U.S., and Latin America. Market dynamics and outlook to 2030 are also provided in the reports.


Need Test and Measurement Market data? GET FREE ACCESS

Test and Measurement - World's Largest Markets

RatingCountry
1China
2India
3Russia
4United States
5Germany

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Russia.

In China, the test and measurement market contracted by an average annual rate of -2.3% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (+12.3% per year) and Russia (+6.5% per year).

Test And Measurement Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Taiwan (Chinese)76.35.1-14.3%
Poland6.36.97.16.4%
South Korea7.47.21017.0%
Italy1313143.7%
Japan171615-6.0%
United Kingdom12151717.0%
Germany1718207.5%
Netherlands13182125.8%
Switzerland2523309.5%
Singapore2833338.3%
France3547384.2%
China13011084-19.6%
United States74759714.5%
Average2325266.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($97 per unit), while Taiwan (Chinese) ($5.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
France10101310.9%
Germany6.17.49.424.1%
United States7.27.17.1-0.6%
China126.96.9-24.7%
South Korea126.36.2-29.1%
Singapore6.35.53.4-26.3%
Paraguay0.004996722558650.003157787793080.00295811298974-23.1%
Average7.16.65.6-11.4%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($13 per unit), while Paraguay ($0 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced mixed trends in the import price figures.

Test and Measurement - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.81.31.535.5%
United States1.71.61.3-11.3%
Germany1.21.31.1-4.6%
South Korea0.40.40.4-0.5%
France0.40.40.3-0.6%

In value terms, China ($1.5B), the United States ($1.3B) and Germany ($1.1B) appeared to be the countries with the highest levels of imports in 2020, together comprising 42% of global imports.

In terms of the main importing countries, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Test and Measurement - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany2.51.82.2-6.0%
United States1.61.51.4-8.0%
China0.90.90.9-2.5%
United Kingdom0.60.50.4-13.3%
Switzerland0.50.40.4-4.1%

In value terms, the largest test and measurement supplying countries worldwide were Germany ($2.2B), the United States ($1.4B) and China ($892M), together accounting for 52% of global exports. These countries were followed by the UK, Switzerland, France, Singapore, Japan, Poland, the Netherlands, Italy, Taiwan (Chinese) and South Korea, which together accounted for a further 27%.

Among the main exporting countries, Singapore saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Test and Measurement - Market Forecast

Depressed by shrinking demand for test and measurement worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Test and Measurement - Top Companies

Siemens AG, Emerson Electric Co., OMRON CORPORATION, Fortive Corporation, Eeco, Inc., Tsb Nuclear Energy USA Group Inc., Roper Technologies, Inc., YOKOGAWA ELECTRIC CORPORATION, AZBIL CORPORATION, Mks Instruments, Inc., Harbour Group Ltd., Robertshaw Controls Company, OMNIVISION TECHNOLOGIES SINGAPORE PTE. LTD., Mueller Group, LLC, Framatome Inc., Rosemount Inc., EMERSON PROCESS MANAGEMENT ASIA PACIFIC PRIVATE LIMITED, Mueller Co. LLC, Thermo King Corporation, Cognex Corporation

Test and Measurement - Product Coverage

  • HS 902620 - Instruments and apparatus; for measuring or checking pressure
Store
Blog
Event
World - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global test and measurement market.

Eastern Asia - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Eastern Asia.

Latin America and the Caribbean - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Latin America and the Caribbean.

Southern Asia - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Southern Asia.

Central Asia - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Central Asia.

South-Eastern Asia - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in South-Eastern Asia.

Australia and Oceania - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Australia and Oceania.

Africa - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Africa.

Middle East - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in the Middle East.

Northern America - Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gasses - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the test and measurement market in Northern America.

Geography