Asia-Pacific Electronic Test and Measurement Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 7.42 Billion |
| Market Size (2030) | USD 9.65 Billion |
| CAGR (2025 - 2030) | 5.40% |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Electronic Test and Measurement Market Analysis
The Asia-Pacific Electronic Test And Measurement Market size is estimated at USD 7.42 billion in 2025, and is expected to reach USD 9.65 billion by 2030, at a CAGR of 5.4% during the forecast period (2025-2030).
- Test and measurement equipment is crucial for validating electronic devices, especially pinpointing components that degrade due to external factors like heat, shocks, and vibrations. This equipment is pivotal in ensuring the reliability of devices.
- APAC, mirroring global trends, is witnessing a rapid digital transformation in the test and measurement sector. Technological advancements, including 5G, Industry 4.0, cloud computing, the Industrial Internet of Things (IIoT), and advanced analytics, are driving this evolution. Notably, 5G is pivotal, aligning with the long-term trends of virtualization and automation in test and measurement (T&M). As a result, test and measurement tools are becoming more compact and user-friendly, offering quicker and more precise results.
- Moreover, the rising adoption of modular equipment and consumer electronics in APAC amplifies the sector's significance. Engineers increasingly rely on mobile, handheld, and miniaturized test and measurement tools as electronics become more precise to ensure quality and reliability.
- Additionally, the automotive industry in APAC, heavily reliant on electronics, has bolstered the demand for testing and measurement. China led the region with over 26 million passenger car sales, followed by India with 4.1 million units in 2023. Notably, the sales of electric vehicles (EVs) are on a steady rise, with China alone selling close to a million battery-electric passenger cars.
- Technological advancements spanning aerospace, defense, and consumer electronics are reshaping the landscape. Integrating cutting-edge technologies like machine learning (ML) and artificial intelligence (AI) enables real-time monitoring. For instance, Advantest Corporation, a prominent Japanese test equipment manufacturer, foresees a surge in chip testing machine demand driven by the use of higher-end semiconductors for generative AI applications.
- Despite these advancements, market growth faces challenges. Price sensitivity and a growing preference for rental services hinder the market's expansion, especially among capital-constrained companies. The high initial costs of test and measurement equipment are prompting many firms to opt for rental services.
Asia-Pacific Electronic Test and Measurement Market Trends
The Electric Vehicles Segment is Expected to Witness Significant Growth
- Electric car demand in APAC countries is experiencing a significant surge, driven by advancements in the automotive industry and reinforced by supportive government policies, including subsidies, grants, and tax rebates. In producing and maintaining electric vehicles, a comprehensive suite of electrical and electronic test equipment, such as ground resistance testers, micro ohm meters, multimeters, and voltmeters, plays a crucial role. These tools are indispensable for testing a wide range of components, including motors, power systems, batteries, charging systems, and wiring, ensuring the reliability and efficiency of electric vehicles.
- According to the International Energy Agency (IEA), illustrating this momentum, China recorded a notable surge in new electric car registrations, reaching 8.1 million units in 2023. This represents a 35% increase from the previous year. In contrast, the traditional car market contracted by 8%, while the electric vehicle segment expanded by 5%. This data underscores the resilience and growth of electric vehicles within a maturing market. As electric vehicle sales continue to rise, the demand for electrical and electronic test equipment will escalate correspondingly.
- By mirroring this trend, Japan is actively promoting the adoption of plug-in hybrid electric vehicles (PHEVs). By the end of 2023, the Japanese government plans to ease regulations, thereby streamlining the process for businesses to set up and operate fast-charging stations. As part of this initiative, a rapid charging fund will be established to assist companies in connecting their fast charge points to the power grid. These measures are anticipated further to fortify the electrical and electronic test instruments market, providing a robust infrastructure to support the growing electric vehicle ecosystem.
- As electric vehicles gain traction across the region, the need for comprehensive battery performance testing, security assessments, electrical motor evaluations, charger tests, and certifications is expected to increase significantly. This growing demand highlights the critical role of advanced testing equipment in ensuring electric vehicles' safety, performance, and reliability, thereby supporting the broader adoption of sustainable transportation solutions in Asia-Pacific.
India is Expected to Witness Significant Growth
- India, amid a sweeping technological transformation across sectors, is emerging as a prime destination for testing and measurement equipment.
- Driven by a surge in demand for cutting-edge technologies, the Indian government is directing its attention toward advanced manufacturing, green energy transitions, and bolstering communication tools. This strategic focus is in response to escalating trends such as rapid urbanization, fueling demand for smart appliances, green mobility, and a burgeoning 5G telecom sector. Consequently, India's testing and measurement market is witnessing an unprecedented upsurge.
- Invest India reports a remarkable growth trajectory in electronics production, with a CAGR of 13%, leaping from USD 49 billion in FY17 to USD 101 billion in FY23. Projections indicate that the country's electronics exports are set to hit USD 120 billion by FY26. To bolster this momentum, the Indian government is actively fostering the electronics manufacturing sector. Initiatives comprise establishing export hubs nationwide, strengthening its global position in the value chain, and pursuing a larger share of the global electronics export market.
- Global giants like Foxconn Technology Group and Megatron Asia Pacific Ltd are solidifying their presence in India, underlining the nation's attractiveness as a manufacturing hub. In a bold move to position India as a global leader in chip and electronics manufacturing, the interim budget for FY25 proposed a substantial 71.4% increase in allocation, totaling INR 13,104.50 crore (USD 1.57 billion) for these sectors.
- The Indian electric vehicle (EV) market is on a rapid ascent. In 2023, while the country's passenger vehicle (PV) sales grew by 10% Y-o-Y, surpassing 4 million units, the electric vehicle (EV) segment nearly doubled its sales, marking a staggering 97% Y-o-Y increase and capturing 2% of the four-wheeler market. With the government actively incentivizing EV adoption and ramping up infrastructure, the role of electronic test and measurement equipment in ensuring the seamless operation of EVs is paramount.
Asia-Pacific Electronic Test and Measurement Industry Overview
The Asia-Pacific electronic test and measurement market is highly competitive and consists of several players. Companies continuously try to increase their market presence by introducing new products, expanding their operations, or entering strategic mergers and acquisitions, partnerships, and collaborations. Some major players include Tektronix Inc., Keysight Technologies, and Fluke Corporation.
September 2023: Keysight Technologies Inc. expanded its industry-leading portfolio of Infiniium oscilloscopes with hardware-accelerated Infiniium MXR B-Series, which offers automated analysis tools that enable engineers to shorten time to market by finding anomalies quickly.
September 2023: NI announced its third generation PXI Vector Signal Transceiver (VST), the PXIe-5842. The PXIe-5842 is combined with NI’s software ecosystem, which can be used to test and validate products in aerospace and defense applications while supporting traditional RF capabilities such as signal generation, signal analysis, and spectrum analysis.
Asia-Pacific Electronic Test and Measurement Market Leaders
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Tektronix Inc.
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Keysight Technologies
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Rohde & Schwarz GmbH & Co. KG
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National Instruments Corporation
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Fluke Corporation
- *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Electronic Test and Measurement Market News
- April 2024 - Kanders & Company Inc. finalized a deal to purchase select antenna and test equipment divisions from L3Harris Technologies for USD 200 million. This acquisition will consolidate three distinct business arms under Kanders' established Fisica Inc. umbrella. Originating in the 1960s, the acquired entities are renowned for their expertise in crafting both airborne and ground-based antennas, along with electromagnetic systems and simulators. These technologies cater to various applications, spanning radar, communications, warning systems, remote sensing, nuclear effects testing, and imaging.
- March 2024 - RAPA and Anritsu Join Forces to Validate B5G/6G Technologies. Under this collaboration, RAPA and Anritsu aim to work together across various domains to advance these technologies. Their efforts include setting up a test environment to validate candidate frequency bands for B5G/6G. This focus is on the FR3 band (ranging from 7 GHz to 24 GHz) and the sub-THz band (100 GHz and above), along with providing technical support from the proof of concept (PoC) stage.
Asia-Pacific Electronic Test and Measurement Industry Segmentation
Test and measurement equipment involves an instrument as a physical means to determine a quantity or a variable. These types of equipment simulate the inputs to a system or device under test, helping the designer test the simulated actual life condition. The market is defined by the revenue accrued from the sales of different electronic test and measurement equipment types over various end users across Asia-Pacific.
The Asia-Pacific electronic test and measurement market is segmented by type (semiconductor automatic test equipment [ATE], radio frequency [RF] test equipment, digital test equipment, electrical and environmental test, and data acquisition [DAQ]), application(communications, semiconductors, and computing, aerospace and defense, and consumer electronics and electric vehicles), and country (China, Japan, and India). The report offers market size and forecasts for all the above segments in value (USD).
| Semiconductor Automatic Test Equipment (ATE) |
| Radio Frequency (RF) Test Equipment |
| Digital Test Equipment |
| Electrical and Environmental Test |
| Data Acquisition (DAQ) |
| Communications |
| Semiconductors and Computing |
| Aerospace and Defense |
| Consumer Electronics |
| Electric Vehicles |
| China |
| Japan |
| India |
| By Type | Semiconductor Automatic Test Equipment (ATE) |
| Radio Frequency (RF) Test Equipment | |
| Digital Test Equipment | |
| Electrical and Environmental Test | |
| Data Acquisition (DAQ) | |
| By Application | Communications |
| Semiconductors and Computing | |
| Aerospace and Defense | |
| Consumer Electronics | |
| Electric Vehicles | |
| By Country | China |
| Japan | |
| India |
Asia-Pacific Electronic Test and Measurement Market Research FAQs
How big is the Asia-Pacific Electronic Test And Measurement Market?
The Asia-Pacific Electronic Test And Measurement Market size is expected to reach USD 7.42 billion in 2025 and grow at a CAGR of 5.40% to reach USD 9.65 billion by 2030.
What is the current Asia-Pacific Electronic Test And Measurement Market size?
In 2025, the Asia-Pacific Electronic Test And Measurement Market size is expected to reach USD 7.42 billion.
Who are the key players in Asia-Pacific Electronic Test And Measurement Market?
Tektronix Inc., Keysight Technologies, Rohde & Schwarz GmbH & Co. KG, National Instruments Corporation and Fluke Corporation are the major companies operating in the Asia-Pacific Electronic Test And Measurement Market.
What years does this Asia-Pacific Electronic Test And Measurement Market cover, and what was the market size in 2024?
In 2024, the Asia-Pacific Electronic Test And Measurement Market size was estimated at USD 7.02 billion. The report covers the Asia-Pacific Electronic Test And Measurement Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Electronic Test And Measurement Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia-Pacific Electronic Test and Measurement Industry Report
Statistics for the 2025 Asia-Pacific Electronic Test And Measurement market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Electronic Test And Measurement analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
