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est and Measurement Equipment Market Size has been estimated to reach USD 28.6 billion in 2021 and is projected to grow at a CAGR of 4.0% during the forecast period till 2030.
The test and measurement equipment refers to a device used to stimulate actual inputs to a system under test. They assist the designer to test the real life condition simulations. Various equipment used in a wide variety of applications are electronic test equipment, material testing equipment, laboratory test equipment, measuring microscope, particle analysis, and others.
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The following factors are considered while choosing right measurement equipment - cost & portability, type of material being tested, and which properties need to be measured. For instance, to measure mechanical properties of manufactured products, the key characteristics tested are hardness, friction, fatigue, compression, impact, and others.