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Test and Measurement Equipment Market worth $47.01 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Aug. 28, 2024 /PRNewswire/ — The test and measurement equipment market are expected to reach USD 47.01 billion by 2029 from USD 38.91 billion in 2024, at a CAGR of 3.9% during the 2024-2029 period according to a new report by MarketsandMarkets™. Various companies are investing in test and measurement equipment which gives an opportunity for growth in the test and measurement equipment market. The test and measurement equipment market are continuously developing, with the presence of multiple players. Currently, the Asia Pacific region is contributing significantly to the growth of the test and measurement equipment market. Similarly, North America, Europe, and RoW regions are expected to be the growing market for the forecasted period.

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Browse in-depth TOC on “Test and Measurement Equipment Market” 
186 – Tables
64 – Figures
254 – Pages

Test and Measurement Equipment Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 38.91 billion

Estimated Value by 2029

$ 47.01 billion

Growth Rate

Poised to grow at a CAGR of 3.9%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Automated Test Equipment, Product Type, Service Type, Vertical and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Keeping pace with rapid technological advancements and managing technological obsolescence

Key Market Opportunities

Rising demand for high-speed and high-bandwidth testing

Key Market Drivers

Stringent government rules and regulations pertaining to product safety and environmental protection

The rising application of Al and machine learning in test and measurement equipment is increasing the market’s demand.

Artificial intelligence and machine learning are revolutionizing the manner in which data analysis and testing is done as well as methods of equipment maintenance to optimality within test and measurement field operations.

Artificial intelligence and machine learning improve business performance in terms of data analysis as it helps in better and faster analysis of big data. Due to the sophisticated computations that are incorporated into these technologies, it is capable of spotting minute variations that might be non-detectable through conventional approaches and, hence, better decisions and outcomes. Artificial intelligence and machine learning based predictive maintenance can identify the likely equipment failure before it takes place, and so reduces the time a machine is out of service for maintenance.

Artificial intelligence-based test automation helps in the reduction in the overall cycle time, brings down the chances of errors. The use of artificial intelligence and machine learning in the test and measurement equipment is opening up huge opportunities for the firm that deal in the development and provision of solutions which has Al integration. Since industries continuously aspire for higher level and time-saving testing procedures, there exists a growing market for highly developed test and measurement equipment with integration of these technologies. The emergence of such change has many effects, not only creating breakthrough technologies but also providing fresh opportunities for business development and being a source of competitive advantage in the test and measurement sector.

Product type segment to have the higher market share compared to service type segment of test and measurement equipment market during the forecast period.

The test and equipment market, based on product type, has been segmented into general-purpose test equipment and mechanical test equipment.

This sub-segment provides an in-depth view of the market based on product type. The market for test and measurement equipment by product types includes oscilloscopes, signal generators, spectrometers, and network analyzers. Test and measurement equipment is essential for constructing or building industrial tools, components, and machinery, as well as for the smooth functioning of wireless internet connectivity, desktop computers, aircraft, and electrical infrastructure.

Among all types considered under the general-purpose test equipment segment automated test equipment, oscilloscopes, and modular instruments are projected to hold a major market share between 2024 and 2029. Additionally, modular instruments are also projected to witness the highest CAGR in the market under study during the forecast period. The increased production and consumption of automobiles, rapid advancement of 5G technology in the IT & telecommunication sectors and enhanced adoption of smart solutions by industry players are the key reasons behind the growth of the market.

NDT is an important quality control tool in manufacturing as it enables the early detection of surface and subsurface defects in finished and work-in- progress (WIP) goods. NDT techniques and services have become essential in industries to maintain product quality standards and customer perception toward a brand. Regulatory policies imposed by various governments also help increase the use of NDT for the early detection of defects in industries such as oil & gas, power generation, and aerospace, where equipment failure could lead to major disasters.

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Test and measurement equipment market for the Asia Pacific region is projected to have the highest market size and the fastest growing market between 2024 and 2029 forecast.

Market size and growth rate of the test and measurement equipment industry in the Asia Pacific region is anticipated to be the highest between the years 2024 and 2029 of the forecast period due to the economic growth of the countries such as China, Japan, India, South Korea and others. The Asia Pacific region comprises of Japan, China, India, South Korea, Australia, Singapore, India and other Asia Pacific countries. The increasing demand for test and measurement equipment is fueled by the rising adoption of electronic devices such as smartphones, wearables etc. and evolving standards for next-generation telecommunications devices. Additionally, supportive regulatory policies for new semiconductor technologies in developed regions are attracting foreign companies to expand their presence in Asia Pacific. Some Asia Pacific based test and measurement equipment players are Yokogawa Electric Corporation (Japan), Advantest Corporation (Japan), and Anritsu (Japan). The increasing demand for automated electronic products acts as an opportunity to grow the test and measurement equipment market in Asia Pacific. For instance, United Nations Development Program on August 2022 said that many countries in the Asia Pacific region have already started focusing on e-mobility and decarbonization in the transportation sector as a part of their NDC (Nationally Determined Contributions) implementation processes. The market in the region is competitive due to the presence of various local players offering specialized solutions. Furthermore, increasing penetration of wireless communication standards is boosting its demand in the IT & telecommunications sector.

Key Players

The companies of test and measurement equipment companies include Keysight Technologies (US), Fortive (US), AMETEK.Inc. (US), Rohde & Schwarz (Germany), NATIONAL INSTRUMENTS CORP. (US), Teledyne Technologies (US), VIAVI Solutions Inc. (US), Anritsu (Japan), Yokogawa Electric Corporation (Japan), Advantest Corporation (Japan), EXFO Inc. (Canada), Fujian Lilliput Optoelectronics Technology Co., Ltd (OWON) (China), IKM Instrutek (Norway), Uni-Trend Technology (China) Co., Ltd. (China), Particle Measuring Systems is a Spectris Company (US), Mextech Technologies India Private Limited (India), RIGOL TECHNOLOGIES, Co. LTD. (China), Good Will Instrument Co., Ltd. (Taiwan), ADLINK Technology Inc. (Taiwan), Leader Electronics Corporation (Japan), Crystal Instruments Corporation (US), Astronics Corporation (US), Vaunix Technology Corporation (US), DS Instruments (US), Saluki Technology (Taiwan), and Insplorion (Sweden).

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Weibo Corporation to Report First Quarter 2026 Financial Results on May 28, 2026

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BEIJING, April 27, 2026 /PRNewswire/ — Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the first quarter 2026 before the U.S. market opens on Thursday, May 28, 2026. Following the announcement, Weibo’s management team will host a conference call from 7 AM – 8 AM Eastern Time on May 28, 2026 (or 7 PM – 8 PM Beijing Time on May 28, 2026) to present an overview of the Company’s financial performance and business operations.

Participants who wish to dial in to the teleconference must register through the below public participant link. Dial in and instruction will be in the confirmation email upon registering.

Participants Registration Link: https://register-conf.media-server.com/register/BIb549b1f6935046d98b52a0fe61be918e

Additionally, a live and archived webcast of this conference call will be available at http://ir.weibo.com.

About Weibo Corporation

Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.

Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. The Company generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Designed with a “mobile first” philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. To support the mobile format, we have developed and continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness

Contact:
Investor Relations
Weibo Corporation
Phone: +86 10 5898-3336
Email: ir@staff.weibo.com 

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SOURCE Weibo Corporation

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Perceptive eClinical Launches Technology-Enabled Clinical Supply Consultancy in Alliance with Trialzen

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Expert-led clinical supply strategy powered by advanced planning and analytics technologies.

NOTTINGHAM, England and LASNE, Belgium, April 27, 2026 /PRNewswire/ — Perceptive eClinical, a leading provider of interactive response technology (IRT) and eClinical solutions, and Trialzen, an expert-led Forecasting and Supply Technology company, today announced an alliance supporting Perceptive eClinical in the launch of its Clinical Intelligence Consultancy Service, Perceptive Clinical Intelligence. This transforms its long–standing clinical supply expertise into a fully integrated, expert–led service spanning the entire clinical trial lifecycle and enabled by Trialzen’s advanced clinical supply planning technologies.

Perceptive Clinical Intelligence combines Perceptive’s deep expertise in randomization and clinical supply optimization with data-driven, technology enabled mathematical optimization, simulation, and forecasting to support smarter planning across the trial lifecycle. This integrated offering helps sponsors design, stress test, and manage clinical supply strategies with greater confidence and operational control. By formalizing its in-house expertise and therapeutic experience, Perceptive unifies randomization, trial supply management technologies and clinical supply consulting to enable more informed, scalable, and lower risk supply decision making.

“Clinical trial supply decisions are too critical to rely on tools alone,” said Malcolm Morrissey, Head of Perceptive Clinical Intelligence. “While supply discussions often focus on stock levels and overage, the real risk is patient impact. Supply availability determines whether visits happen, treatment is delivered on time, and sites can operate with confidence. Effective supply management means looking beyond IP numbers to understand patient continuity and visit level risk across the entire trial.”

Industry benchmarks show that approximately 50% of Clinical Finished Goods (CFG) manufactured for clinical trials are never administered to patients, representing hundreds of millions of dollars in wasted drug supply each year1.

“Setting up Perceptive Clinical Intelligence reflects the next step in Perceptive’s evolution, combining deep clinical supply and randomization expertise with data–driven technology to enable smarter supply planning, and increased supply confidence, and continuity across the trial lifecycle,” said Shaun Hopgood, Chief Operating Officer at Perceptive eClinical.

Perceptive eClinical and Trialzen have each delivered proven results for sponsors, with real–world engagements generating savings exceeding $1 million and materially reducing supply overage.

A Technology Enabled, Expert-Led Approach

Delivered by Perceptive’s in–house specialists, the consultancy is built on 30 years of experience supporting biotech and large pharma across randomization and clinical supply management. It combines Perceptive’s proven supply–modelling expertise with Trialzen’s advanced calculation and simulation engine, fully integrated into Perceptive’s next–generation platform, Clinphone Pro.

Anchored in deep oncology expertise, where global scale, complex dosing, and multi–layered supply chains increase planning risk, the consultancy also draws on experience across Endocrinology and Metabolism, and Infectious Diseases, and supports emerging areas such as Precision and Nuclear Medicine, and Cell and Gene Therapies. 

Reflecting on this alliance and its objectives, Cedric Druck, CEO and Co–Founder of Trialzen, commented: “Trialzen was built by clinical supply experts who spent years watching planning decisions get made on spreadsheets and gut feel, then handed off to execution systems with no feedback loop. This collaboration with Perceptive closes that gap. By integrating our forecasting and simulation capabilities directly with their IRT platform, we enable sponsors to move from scenario planning to operational action in a single environment, with full transparency at every step.”

At the heart of this alliance is a shared belief that clinical supply planning and execution should live in one connected environment. “Together, Perceptive and Trialzen are working toward a unified way of operating, where strategic decisions and day–to–day execution come together, enabling greater visibility, smarter scenarios, and more confident supply decisions from manufacturing through to patient dosing”. said Tony Street, Senior Vice President Strategy at Trialzen.

Clients benefit from:

Faster study start-up and smoother amendments through early supply optimizationHigher quality supply decisions driven by expert oversight and data backed insightGreater confidence through strategic expert consultancy for complex trialsMid-study forecast adjustments and up-to-date quantitative support for key decisions

About Perceptive eClinical

Perceptive eClinical is a trusted leader in delivering advanced trial capabilities. With over 30 years of proven Interactive Response Technology (IRT) and supply management expertise, more than 500 regulatory approvals and support for three million patients worldwide, we deliver reliability, security and precision. This is reflected in our consistently high customer satisfaction score of 4.5 out of 5 over the past three years. Our future-proof IRT solution, Clinphone Pro, helps sponsors manage the speed, complexity and personalization of modern clinical trials. Built for flexibility and seamless integration, it supports smarter, more efficient studies across all phases and therapeutic areas. In 2025, Perceptive eClinical was recognized as a leader in Everest Group’s PEAK Matrix® Assessment for RTSM Solutions, affirming our commitment to innovation, global delivery excellence and measurable value for sponsors and CROs.

About Trialzen

Trialzen is a technology company built by industry experts specializing in clinical trial supply forecasting and planning. Its Forecast & Planning Solution (FPS) is a purpose-built SaaS platform that enables sponsors and CROs to model, simulate, and optimize clinical supply strategies across the full trial lifecycle. Built by clinical supply experts, Trialzen combines advanced mathematical modelling and analytics with a transparent, user-friendly interface, allowing teams to evaluate scenarios, anticipate risk, and make informed supply decisions with speed and confidence. 

Sources

McKinsey & Company, Clinical Supply Chains insights

Media Contact: Zara Broadfield, Marketing Director Perceptive eClinical, zara.broadfield@perceptive.com 

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Mouser Electronics New Product Insider: Over 9,000 New Parts Added in First Quarter of 2026

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SHANGHAI, April 27, 2026 /PRNewswire/ — As an authorized distributor, Mouser Electronics, Inc. is focused on the rapid introduction of new products and technologies, giving customers an edge and helping speed time to market. Over 1,200 semiconductor and electronic component manufacturer brands count on Mouser to help them introduce their products into the global marketplace. Mouser’s customers can expect 100% certified, genuine products that are fully traceable from each manufacturer.

Last quarter, Mouser launched more than 9,000 part numbers ready for shipment. Some of the products introduced by Mouser from January through March 2026 include:

STMicroelectronics STM32C5 Arm® Cortex®-M33 Microcontrollers
The STM32C5 microcontrollers (MCUs) from STMicroelectronics are specifically designed to boost the performance of billions of tiny smart devices across factories, homes, cities, and infrastructure while meeting stringent cost, size, and power constraints. Based on ST’s proprietary 40 nm manufacturing process, the STM32C5 MCUs can run tasks noticeably faster than many entry-level chips currently in use. This gives products more room to include features such as improved sensing, smoother control, and enhanced user experiences while keeping dynamic power consumption low. The MCUs also integrate security features that help safeguard products against tampering and cyber risks.EDATEC ED-CM0NANO Single-Board Computer
The ED-CM0NANO is a single-board computer (SBC) from EDATEC, based on the Raspberry Pi Compute Module Zero (CM0). The ED-CM0NANO features a quad-core Arm Cortex-A53 processor running at up to 1 GHz, a Broadcom VideoCore-IV graphics processor, and a wide range of connectivity options. Optional Wi-Fi® support with an external antenna enables wireless connectivity, while integrated real-time clock (RTC) and watchdog timer enhance system reliability. These features make the ED-CM0NANO ideal for industrial control systems and Internet of Things (IoT) applications.Sensata Technologies MGD Resonix™ Refrigerant Leak Sensor
The MGD Resonix™ sensor from Sensata delivers high accuracy and fast response times in a compact module that fits into the smallest heating, ventilation, air conditioning (HVAC), and refrigeration equipment. The MGD series offers superior resistance to overexposure and poisoning, as well as to high temperatures (working temperatures up to 105 °C) and humidity. These devices also have a service life of more than 15 years with no need for calibration, making them the ideal leak-detection component for A2L HVAC and refrigeration systems.u-blox ANN-MB3 Triple-Band GNSS Antenna
The ANN-MB3 from u-blox is a best-in-class L1/L2/L5 triple-band RTK real-time kinematic (RTK) solution ideal for the F20 high-precision GNSS. Optimized for seamless integration, the ANN-MB3 antenna delivers exceptional performance with a robust design. The antenna’s compact (62 × 80 × 25.5 mm) form factor and flexible installation options enable the adoption of high-precision positioning technologies across industrial, automotive, and robotics applications.

To see more of the New Product Insider highlights, go to https://info.mouser.com/new_products/.

For more Mouser news and our latest new product introductions, visit https://www.mouser.com/newsroom/.

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SOURCE Mouser Electronics

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