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Growth forecast for the global electronic test and measurement market to 2030

 

  • According to ResearchAndMarkets.com’s “General Purpose Electronic Test and Measurement Instruments – Global Strategic Business Report”, the global market for general purpose electronic test and measurement instruments is valued at US$7.5 billion in 2022.
  • With a compound annual growth rate of 9.6% between 2022 and 2030, this market is expected to reach US$15.6 billion by 2030.
  • The market for digital oscilloscopes is expected to grow at a compound annual growth rate of 8.4% between 2022 and 2030, reaching US$3 billion by the end of the analysis period.
  • In the United States, the market for general-purpose electronic test and measurement instruments is estimated at US$2.3 billion in 2022.
  • The Chinese market is expected to grow substantially, reaching US$2.2 billion by 2030.