The Latin America, Middle East and Africa Test and Measurement Equipment Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030).
The manufacturing of semiconductor devices has increased dramatically in many places with the uptake of cutting-edge digital technologies like machine learning (ML), the Internet of Things (IoT), and even data analytics. Therefore, one of the key elements deciding the key trends and opportunities in the market is expected to be additional growth in this field.
The retailing of consumer electronic products is expected to boom in the approaching days, which can further increase the market share, as evidenced by the continuously increasing worldwide rate of data consumption. Furthermore, the electronics sector is seeing an increase in opportunities for selling home appliances in addition to the growing prevalence of data-accessing technologies in the market. The introduction of new market participants in this space is expected to mobilize market trends as well as forecast values for test and measurement equipment.
The demand for semiconductors in this region is high across the board for the telecommunications industry. The communications industry is well-established in Saudi Arabia. The International Trade Administration (ITA) reports that Saudi Arabia has the largest telecom industry in the Middle East. The telecom industry in this nation accounted for 55% of the Middle East's entire market share in 2019. Consequently, the industry increasingly uses semiconductors to bring new developments and advancements. As a result, these factors drive demand and foster the market's expansion.
The Brazil market dominated the LAMEA Test and Measurement Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $948.5 million by 2030. The Argentina market is showcasing a CAGR of 8.9% during (2023 - 2030). Additionally, The UAE market would witness a CAGR of 8% during (2023 - 2030).
Based on Offering, the market is segmented into Product (General Purpose Test Equipment, and Mechanical Test Equipment), and Services (Calibration Services, Repair or After Sale Services, Others). Based on Vertical, the market is segmented into Industrial, Automotive & Transportation, Electronics & Semiconductor, Education & Government, Healthcare & Dental, Aerospace & Defense, Manufacturing, Telecom & IT, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Test and Measurement Equipment Market is Projected to reach USD 45.6 Billion by 2030, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Viavi Solutions, Inc., Yokogawa Electric Corporation, Keysight Technologies, Inc., Fortive Corporation (Tektronix, Inc.), Ametek, Inc., Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Advantest Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), and EXFO, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Product
- General Purpose Test Equipment
- Mechanical Test Equipment
- Services
- Calibration Services
- Repair or After Sale Services
- Others
By Vertical
- Industrial
- Automotive & Transportation
- Electronics & Semiconductor
- Education & Government
- Healthcare & Dental
- Aerospace & Defense
- Manufacturing
- Telecom & IT
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Viavi Solutions, Inc.
- Yokogawa Electric Corporation
- Keysight Technologies, Inc.
- Fortive Corporation (Tektronix, Inc.)
- Ametek, Inc.
- Rohde & Schwarz GmbH & Co. KG
- Anritsu Corporation
- Advantest Corporation
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- EXFO, Inc.
TABLE 1 LAMEA Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Test and Measurement Equipment Market
TABLE 4 Product Launches And Product Expansions– Test and Measurement Equipment Market
TABLE 5 Acquisition and Mergers– Test and Measurement Equipment Market
TABLE 6 LAMEA Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 7 LAMEA Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 8 LAMEA Product Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Product Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 11 LAMEA Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 12 LAMEA General Purpose Test Equipment Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA General Purpose Test Equipment Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Mechanical Test Equipment Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Mechanical Test Equipment Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 19 LAMEA Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 20 LAMEA Calibration Services Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Calibration Services Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Repair or After Sale Services Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Repair or After Sale Services Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 27 LAMEA Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 28 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Automotive & Transportation Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Automotive & Transportation Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Electronics & Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Electronics & Semiconductor Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Education & Government Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Education & Government Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA Healthcare & Dental Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Healthcare & Dental Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 40 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 42 LAMEA Telecom & IT Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA Telecom & IT Market by Country, 2023 - 2030, USD Million
TABLE 44 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 45 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 46 LAMEA Test and Measurement Equipment Market by Country, 2019 - 2022, USD Million
TABLE 47 LAMEA Test and Measurement Equipment Market by Country, 2023 - 2030, USD Million
TABLE 48 Brazil Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 49 Brazil Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 50 Brazil Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 51 Brazil Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 52 Brazil Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 53 Brazil Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 54 Brazil Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 55 Brazil Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 56 Brazil Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 57 Brazil Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 58 Argentina Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 59 Argentina Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 60 Argentina Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 61 Argentina Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 62 Argentina Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 63 Argentina Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 64 Argentina Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 65 Argentina Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 66 Argentina Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 67 Argentina Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 68 UAE Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 69 UAE Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 70 UAE Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 71 UAE Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 72 UAE Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 73 UAE Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 74 UAE Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 75 UAE Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 76 UAE Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 77 UAE Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 78 Saudi Arabia Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 79 Saudi Arabia Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 80 Saudi Arabia Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 81 Saudi Arabia Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 82 Saudi Arabia Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 83 Saudi Arabia Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 84 Saudi Arabia Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 85 Saudi Arabia Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 86 Saudi Arabia Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 87 Saudi Arabia Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 88 South Africa Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 89 South Africa Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 90 South Africa Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 91 South Africa Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 92 South Africa Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 93 South Africa Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 94 South Africa Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 95 South Africa Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 96 South Africa Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 97 South Africa Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 98 Nigeria Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 99 Nigeria Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 100 Nigeria Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 101 Nigeria Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 102 Nigeria Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 103 Nigeria Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 104 Nigeria Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 105 Nigeria Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 106 Nigeria Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 107 Nigeria Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 108 Rest of LAMEA Test and Measurement Equipment Market, 2019 - 2022, USD Million
TABLE 109 Rest of LAMEA Test and Measurement Equipment Market, 2023 - 2030, USD Million
TABLE 110 Rest of LAMEA Test and Measurement Equipment Market by Offering, 2019 - 2022, USD Million
TABLE 111 Rest of LAMEA Test and Measurement Equipment Market by Offering, 2023 - 2030, USD Million
TABLE 112 Rest of LAMEA Test and Measurement Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 113 Rest of LAMEA Test and Measurement Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 114 Rest of LAMEA Test and Measurement Equipment Market by Services Type, 2019 - 2022, USD Million
TABLE 115 Rest of LAMEA Test and Measurement Equipment Market by Services Type, 2023 - 2030, USD Million
TABLE 116 Rest of LAMEA Test and Measurement Equipment Market by Vertical, 2019 - 2022, USD Million
TABLE 117 Rest of LAMEA Test and Measurement Equipment Market by Vertical, 2023 - 2030, USD Million
TABLE 118 Key Information – Teledyne FLIR LLC
TABLE 119 key Information – Viavi Solutions, Inc.
TABLE 120 Key Information – Yokogawa Electric Corporation
TABLE 121 Key Information – Keysight Technologies, Inc.
TABLE 122 Key Information –fortive corporation
TABLE 123 Key Information – Ametek, Inc.
TABLE 124 Key Information – Rohde & Schwarz GmbH & Co. KG
TABLE 125 key Information – Anritsu Corporation
TABLE 126 Key Information – Advantest Corporation
TABLE 127 key Information – EXFO, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2019, Aug – 2023, May) Leading Players
FIG 5 LAMEA Test and Measurement Equipment Market share by Offering, 2022
FIG 6 LAMEA Test and Measurement Equipment Market share by Offering, 2030
FIG 7 LAMEA Test and Measurement Equipment Market by Offering, 2019 - 2030, USD Million
FIG 8 LAMEA Test and Measurement Equipment Market share by Vertical, 2022
FIG 9 LAMEA Test and Measurement Equipment Market share by Vertical, 2030
FIG 10 LAMEA Test and Measurement Equipment Market by Vertical, 2019 - 2030, USD Million
FIG 11 LAMEA Test and Measurement Equipment Market share by Country, 2022
FIG 12 LAMEA Test and Measurement Equipment Market share by Country, 2030
FIG 13 LAMEA Test and Measurement Equipment Market by Country, 2019 - 2030, USD Million
FIG 14 Swot analysis: Teledyne FLIR LLC
FIG 15 Recent strategies and developments: Viavi Solutions, Inc.
FIG 16 Recent strategies and developments: Yokogawa Electric Corporation
FIG 17 Recent strategies and developments: Keysight Technologies, Inc.
FIG 18 Recent strategies and developments: Rohde & Schwarz GmbH & Co. KG
FIG 19 Recent strategies and developments: Anritsu Corporation
FIG 20 Recent strategies and developments: Advantest Corporation
FIG 21 Recent strategies and developments: EXFO, Inc.