Last Updated: 30 Jun 2025
Source: Statifacts
The U.S. test and measurement equipment market size surpassed USD 8.24 billion in 2024 and is predicted to reach around USD 11.31 billion by 2034, registering a CAGR of 3.21% from 2025 to 2034.
Industry Worth | Details |
Market Size in 2025 | USD 8.47 Billion |
Market Size by 2034 | USD 11.31 Billion |
Market Growth Rate from 2025 to 2034 | CAGR of 3.21% |
The U.S. test and measurement equipment market consists of the production and distribution of equipment used with new traditional and digital products, which are growing tremendously and are benefiting from significant increases in momentum from new technologies and increased demand across multiple vertical markets. Test and measurement equipment is used to test or measure the quality, performance, and safety of individual products and complete systems during and after the manufacturing process in vertical markets such as electronics, healthcare, automotive, and aerospace, among others.
Companies in these vertical markets will use test and measurement equipment in numerous processes during their development of machines and systems to test the machines or systems to be sure that they meet a certain level of performance and are compliant with potential regulations. The growing influence of digital testing and wireless communications has led to increased growth in the test and measurement industry. However, new product and feature development will no longer happen in the same way as it has in the past, and organizations will be focusing on automation and research and development trends, presenting the U.S. test and measurement equipment market with even more opportunity to grow its relevance and share of market segment for this new technology.
Published by Shubham Desale
The market is valued at over USD 8.47 billion and is expected to grow steadily.
Test and measurement equipment in the U.S. market is used to ensure the functionality, accuracy, and safety of products and systems.
The industries adopting test and measurement equipment in the U.S. are telecommunications, aerospace and defense, automotive, healthcare, and electronics/semiconductors industries.
The future growth potential of the U.S. test and measurement equipment market lies in the innovation support by the government, the growth of the semiconductor industry, renewable energies, and aeronautics.
The main benefits of test and measurement equipment in the U.S. market are ensuring product quality, operational efficiency, and regulatory compliance.
Stats ID: | 8490 |
Format: | Databook |
Published: | June 2025 |
Delivery: | Immediate |
Last Updated: 30 Jun 2025
Source: Statifacts
Last Updated: 30 Jun 2025
Source: Statifacts
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Telecommunications | 1,687.27 | 1,753.80 | 1,824.45 | 1,899.50 | 1,979.28 | 2,064.11 | 2,154.35 | 2,250.40 | 2,352.69 | 2,461.67 | 2,577.85 |
Automotive | 1,497.66 | 1,533.52 | 1,571.70 | 1,612.33 | 1,655.56 | 1,701.53 | 1,750.41 | 1,802.36 | 1,857.57 | 1,916.25 | 1,978.61 |
Aerospace and Defense | 891.73 | 908.67 | 926.75 | 946.01 | 966.52 | 988.32 | 1,011.49 | 1,036.10 | 1,062.22 | 1,089.94 | 1,119.33 |
Healthcare and Medical Devices | 1,953.83 | 2,012.21 | 2,074.29 | 2,140.31 | 2,210.50 | 2,285.15 | 2,364.53 | 2,448.97 | 2,538.80 | 2,634.39 | 2,736.14 |
Consumer Electronics | 816.16 | 834.54 | 854.12 | 874.97 | 897.15 | 920.74 | 945.81 | 972.46 | 1,000.77 | 1,030.85 | 1,062.80 |
Industrial Manufacturing | 739.21 | 758.29 | 778.59 | 800.18 | 823.16 | 847.59 | 873.56 | 901.18 | 930.54 | 961.76 | 994.96 |
Power and Utilities | 658.15 | 671.44 | 685.62 | 700.72 | 716.79 | 733.89 | 752.05 | 771.35 | 791.84 | 813.59 | 836.67 |
Last Updated: 30 Jun 2025
Source: Statifacts
Stats ID: | 8490 |
Format: | Databook |
Published: | June 2025 |
Delivery: | Immediate |
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