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U.S. Instrument For Measuring And Testing Electricity And Electrical Signals Market. Analysis And Forecast to 2025
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U.S.: Measuring Instrument Market Overview 2020

Measuring Instrument Market Size in the U.S.

The U.S. measuring instrument market expanded significantly to $X in 2019, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Measuring instrument consumption peaked in 2019 and is likely to see steady growth in years to come.

Measuring Instrument Production in the U.S.

In value terms, measuring instrument production shrank slightly to $X in 2019. Over the period under review, production, however, recorded a slight decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

Measuring Instrument Exports

Exports from the U.S.

In 2019, exports of instrument for measuring and testing electricity and electrical signals from the U.S. dropped rapidly to X units, reducing by -X% on the previous year. In general, exports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X units in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, measuring instrument exports fell modestly to $X in 2019. Overall, exports showed a perceptible slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Taiwan, Chinese (X units), Singapore (X units) and China (X units) were the main destinations of measuring instrument exports from the U.S., together accounting for X% of total exports. Malaysia, Mexico, Canada, the UK, the Philippines, Germany, Japan, Costa Rica and Viet Nam lagged somewhat behind, together comprising a further X 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Viet Nam, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Taiwan, Chinese ($X) constituted the largest markets for measuring instrument exported from the U.S. worldwide, together comprising X% of total exports. Canada, Malaysia, Japan, Singapore, Germany, the UK, the Philippines, Costa Rica and Viet Nam lagged somewhat behind, together accounting for a further X Nam saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average measuring instrument export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Japan ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines, while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports

Imports into the U.S.

In 2019, imports of instrument for measuring and testing electricity and electrical signals into the U.S. skyrocketed to X units, with an increase of X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure in 2019 and are likely to continue growth in the near future.

In value terms, measuring instrument imports reached $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Mexico (X units) and Germany (X units) were the main suppliers of measuring instrument imports to the U.S., together comprising X% of total imports. These countries were followed by Canada, the UK, South Korea, Japan, Italy, Israel, France, Malaysia and Taiwan, Chinese, which together accounted for a further X 2013 to 2019, the biggest increases were in Italy, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Malaysia ($X) and Germany ($X) appeared to be the largest measuring instrument suppliers to the U.S., together comprising X% of total imports.

Among the main suppliers, Mexico recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average measuring instrument import price amounted to $X per unit, reducing by -X% against the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of instrument for measuring and testing electricity and electrical signals to the U.S.?
+
In value terms, the largest measuring instrument suppliers to the U.S. were Mexico ($1.1B), Malaysia ($951M) and Germany ($913M), with a combined 43% share of total imports.
What are the leading importers of instrument for measuring and testing electricity and electrical signals from the U.S.?
+
In value terms, China ($722M), Mexico ($605M) and Taiwan, Chinese ($446M) constituted the largest markets for measuring instrument exported from the U.S. worldwide, together accounting for 34% of total exports. These countries were followed by Canada, Malaysia, Japan, Singapore, Germany, the UK, the Philippines, Costa Rica and Viet Nam, which together accounted for a further 36%.
What is the average export price for instrument for measuring and testing electricity and electrical signals in the U.S.?
+
In 2019, the average measuring instrument export price amounted to $88 per unit, picking up by 39% against the previous year.
What is the average import price for instrument for measuring and testing electricity and electrical signals in the U.S.?
+
The average measuring instrument import price stood at $33 per unit in 2019, reducing by -13.1% against the previous year.

Product coverage:
• NAICS 334515 - Instrument manufacturing for measuring and testing electricity and electrical signals

This report provides an in-depth analysis of the measuring instrument market in the U.S.. 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 2025.


Companies mentioned:
• Agilent Technologies
• Teradyne
• Tektronix
• Bae Systems National Security Solutions
• Hid Global Corporation
• Anritsu Company
• Analogic Corporation
• Teledyne Lecroy
• Cascade Microtech
• Xcerra Corporation
• Bourns
• Milbank Manufacturing Co.
• Curtis Instruments
• Ideal Industries
• Radisys Corporation
• Doble Engineering Company
• Exfo America Inc.
• Astronics Advanced Electronic Systems Corp.
• Keyence Corporation of America
• Qorvo, Keysight Technologies
• Cohu
• Lac Du Flambeau Band of Lake Superior Chippewa Indians (inc)
• Lumileds, Ixia
• Landis+gyr
• Gould Electronics
• Jdsu Acterna Holdings
• Genrad
• Itron Electricity Metering
• Fluke Electronics Corporation
• Anritsu U.S. Holding

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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