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Test and Measurement Equipment Market worth $33.3 million by 2026

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Test and Measurement Equipment Market Research Report Analysis and Forecast to 2024. Identify the New Revenue Sources and the Known and Unknown Adjacencies Impacting the Test and Measurement Equipment Market.
According to the new market research report
“Test and Measurement Equipment Market with COVID-19 Impact Analysis by Product Type (GPTE and MTE), Service Type (Calibration Services, Repair Services/After-sales Services), Verticals, and Region(APAC, Europe, North America) – Global Forecast to 2026″, the overall test and measurement equipment market is expected to grow from USD 27.7 billion in 2021 to USD 33.3 billion by 2026, at a CAGR of 3.7%. The market is growing due to the increasing demand for such equipment from verticals such as automotive and transportation, aerospace & defense, IT and telecommunications, education and government, electronics & semiconductor, industrial, and healthcare. The health ....

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Test and Measurement Equipment Market Forecast to Reach $33 Billion by 2025

Test and Measurement Equipment Market Forecast to Reach $33 Billion by 2025
Increasing Demand From Power Management and Consumer Electronics Application Driving the Growth of Test and Measurement Equipment Market
BriefingWire.com, 3/04/2021 -
The Test and Measurement Equipment Market is forecast to reach $33 billion by 2025 and is estimated to grow at a CAGR of 4.05% during the forecast period 2019-2025. The ongoing digital transformation in automotive industry is boosting the retrofitting of devices and equipment embedded with a wide range of test and measurement equipment such as electrical tester, digital multi-meters, digital oscilloscope, spectrum analyzer, and environmental testers. Data centres, advanced telecom infrastructure, and automotive are some major end-use applications that require advanced measuring equipment to meet modern testing requirement. ....

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