USA Testing Equipment Market Size, Share, 2032
USA Testing Equipment Market Size and Forecast (2025 - 2032), By Product Type (Electrical and Electronic Testing Equipment, Mechanical Testing Equipment, Thermal Testing Equipment, Optical Testing Equipment, Others), By Industry Vertical (Aerospace and Defense, Automotive, Electronics and Semiconductor, Healthcare and Medical Devices, Energy and Power, IT and Telecommunications, Others), By Testing Type (Non-Destructive Testing Equipment, Destructive Testing Equipment), By Portability (Benchtop Equipment, Handheld/Portable Equipment), By Connectivity (Traditional Testing Equipment, IoT-Enabled Testing Equipment), By End-User (Manufacturing Industries, Research and Development Facilities, Educational Institutions, Service Providers, Government and Military), and Geography.
Market Overview
“The USA Testing Equipment Market is expected to reach a high CAGR of 5.8% over the Forecast Period 2025-2032, reaching a value of USD YYY billion by 2032.”
North America dominates the global market, with the USA being the primary contributor. Key metrics include a market penetration rate of 78% and an average annual investment in testing equipment of USD 1.2 billion.
The market is gradually developing due to technological advancements, higher quality control needs across industries, and growing acceptance of automated testing solutions. The aerospace, automotive, and electronics industries dominate the market, accounting for more than YY%.
Market Dynamics
Market Trend: Shift towards IoT-enabled and AI-integrated testing equipment
The integration of IoT and AI technology into testing equipment is revolutionizing the industry. This trend allows for real-time data analysis, predictive maintenance, and increased test accuracy. A recent industry survey found that 72% of testing equipment manufacturers in the United States are investing in IoT/AI integration.
Major players like Keysight Technologies and National Instruments reported a 35% increase in smart testing equipment sales over the previous year. These technologies are especially popular in the aerospace and automotive sectors, where precision and dependability are critical.
Market Driver: Stringent quality control regulations across industries
Increasingly stringent quality control regulations in a range of industries are driving increasing demand for advanced testing equipment. The United States Food and Drug Administration (FDA) has implemented more strict testing standards for medical devices, leading to a 28% rise in demand for medical testing equipment by 2023.
Similarly, the car industry has seen a 15% rise in testing equipment purchases since the implementation of stricter emissions regulations. The Consumer Product Safety Commission's increased safety criteria have also contributed to a 22% increase in the consumer testing equipment business. These regulatory restrictions compel manufacturers to invest in cutting-edge testing methods to verify product conformity and quality.
Market Restraint: High initial investment and maintenance costs
The high initial investment and ongoing maintenance expenses associated with contemporary testing equipment are a considerable barrier to industrial growth. Small and medium-sized firms (SMEs) generally struggle to afford cutting-edge testing solutions, with the average cost of a complete testing system ranging from USD 50,000 to USD 500,000.
Furthermore, maintenance and calibration costs can total 10-15% of the initial investment each year. According to a survey of 500 US manufacturing businesses, 40% of SMEs cited budget restrictions as the primary reason for delaying testing equipment updates. This pricing barrier is most obvious in fields like electronics and materials testing, where rapid technological improvements necessitate frequent equipment upgrades.
Segment Overview
The Electrical and Electronic Testing Equipment segment dominates the US Testing Equipment Market.
This sector accounts for around YY% of the total market share, owing to the rapid growth of the electronics industry and the increasing complexity of electronic devices. Over the previous two years, demand for 5G technology testing equipment has surged by 45%, with prominent manufacturers including Rohde & Schwarz and Anritsu Corporation reporting significant revenue improvements.
The semiconductor industry, a significant user of electrical and electronic testing equipment, has been quickly growing. In 2023, semiconductor manufacturers in the United States spent more than $2 billion on testing equipment to ensure the quality and dependability of their products. This investment was motivated in part by worldwide chip shortages, which highlighted the necessity of efficient and precise testing processes in increasing production and decreasing waste.
Furthermore, the automotive industry's shift to electric vehicles (EVs) has produced a new demand for specialized electrical testing equipment. Sales of EV battery testing equipment have surged by 60% in the last year, with companies like Chroma Systems Solutions and NH Research dominating the market. The rising emphasis on battery economy, safety, and lifetime has made advanced testing systems indispensable in the EV manufacturing process.
Regional Outlook
North America, led by the USA, dominates the global Testing Equipment Market.
The United States accounts for around YY% of the North American market, owing to its significant presence in key industries such as aerospace, military, electronics, and automotive. The country's emphasis on technological innovation and quality control has created a vibrant environment for test equipment manufacturers and customers.
In June 2024, the US Department of Defence announced a USD 500 million investment in advanced testing equipment for aerospace and defense companies, with the purpose of enhancing military weapon dependability and performance.
California has emerged as a testing equipment innovation hub, with Silicon Valley companies expected to raise more than $300 million in venture capital funding for AI-driven testing solutions by 2023. This trend is expected to increase the use of smart testing equipment across a variety of industries in the coming years.
Competitive Intelligence
The USA Testing Equipment Market is marked by severe competition from both established players and new start-ups. Key producers include Keysight Technologies, National Instruments, and Teradyne, who account for over YY% of the market. These companies have prioritized strategic acquisitions and collaborations to expand their product offerings and market reach.
Keysight Technologies, the industry leader with an estimated 18% market share, has been particularly active in M&A deals. In 2023, they acquired three AI-focused testing enterprises, thereby strengthening their position in the smart testing equipment market. National Instruments, which controls approximately 12% of the market, has focused on software-defined testing solutions, with user adoption of their LabVIEW platform increasing by 25% year on year.
Emerging companies like Pickering Interfaces and VIAVI Solutions are gaining traction by specializing in niche markets like modular instrumentation and optical testing. Over the previous two years, these companies have grown by double digits, outpacing the overall market.
The business is also consolidating, with larger companies purchasing specialized testing equipment manufacturers to broaden their technological capabilities. This pattern is expected to continue, potentially leading to a more concentrated market in the coming years.
Analyst Opinion
The testing equipment market in the United States is likely to expand and shift dramatically in the next few years. The combination of traditional testing techniques with emerging technologies like AI, IoT, and machine learning is creating unprecedented opportunities for innovation and efficiency improvements. We believe that integrated testing platforms that offer comprehensive solutions will gain a competitive advantage over isolated equipment.
The advent of "Testing-as-a-Service" (TaaS) models is one noteworthy trend to watch for. This approach, which combines cloud-based testing platforms with on-demand physical testing services, is gaining traction among small and medium-sized businesses (SMEs) looking for advanced testing capabilities without making significant upfront investments. We see TaaS providers obtaining a larger share of the market, potentially threatening traditional equipment sales methods.
Major Players
-
Keysight Technologies
-
National Instruments
-
Teradyne
-
Advantest Corporation
-
Anritsu Corporation
-
Rohde & Schwarz
-
Viavi Solutions
-
Tektronix (Fortive Corporation)
-
Pickering Interfaces
-
Ametek
-
Chroma Systems Solutions
-
NH Research
Key Developments
-
July 2024: Keysight Technologies launches a new range of 6G testing equipment, propelling it to the forefront of next-generation wireless technology testing.
-
May 2024: National Instruments partnered with a leading cloud service provider to deliver cloud-based testing solutions, expanding its footprint in the Testing-as-a-Service marketplace.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking – Key Players
3.3. Market Share Analysis – Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. Company Profiles (Key Companies list by Country) (Premium)
5. COMPANY PROFILES
5.1. Keysight Technologies
5.2. National Instruments
5.3. Teradyne
5.4. Advantest Corporation
5.5. Anritsu Corporation
5.6. Rohde & Schwarz
5.7. Viavi Solutions
5.8. Tektronix (Fortive Corporation)
5.9. Pickering Interfaces
5.10. Ametek
5.11. Chroma Systems Solutions
5.12. NH Research (*LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Shift towards IoT-enabled and AI-integrated testing equipment
6.1.2. Rise of Testing-as-a-Service (TaaS) models
6.1.3. Increasing demand for 5G technology testing equipment
6.2. Market Drivers
6.2.1. Stringent quality control regulations across industries
6.2.2. Rapid growth of the electronics and semiconductor industries
6.2.3. Increasing adoption of electric vehicles driving demand for specialized testing
6.3. Market Restraints
6.3.1. High initial investment and maintenance costs
6.3.2. Technological complexity and skills gap
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY PRODUCT TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)– 2025-2032)
7.1. Electrical and Electronic Testing Equipment
7.1.1. Oscilloscopes
7.1.2. Multimeters
7.1.3. Signal Generators
7.1.4. Spectrum Analyzers
7.2. Mechanical Testing Equipment
7.2.1. Universal Testing Machines
7.2.2. Hardness Testers
7.2.3. Impact Testers
7.3. Thermal Testing Equipment
7.3.1. Temperature Chambers
7.3.2. Thermal Imaging Cameras
7.4. Optical Testing Equipment
7.4.1. Optical Spectrum Analyzers
7.4.2. Interferometers
7.5. Others
8. BY INDUSTRY VERTICAL (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)– 2025-2032)
8.1. Aerospace and Defense
8.2. Automotive
8.3. Electronics and Semiconductor
8.4. Healthcare and Medical Devices
8.5. Energy and Power
8.6. IT and Telecommunications
8.7. Others
9. BY TESTING TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)– 2025-2032)
9.1. Non-Destructive Testing Equipment
9.1.1. Ultrasonic Testing Equipment
9.1.2. Radiography Testing Equipment
9.1.3. Visual Inspection Equipment
9.2. Destructive Testing Equipment
9.2.1. Tensile Testing Equipment
9.2.2. Compression Testing Equipment
9.2.3. Fatigue Testing Equipment
10. BY PORTABILITY (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)– 2025-2032)
10.1. Benchtop Equipment
10.2. Handheld/Portable Equipment
11. BY CONNECTIVITY (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)– 2025-2032)
11.1. Traditional Testing Equipment
11.2. IoT-Enabled Testing Equipment
12. BY END-USER (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)– 2025-2032)
12.1. Manufacturing Industries
12.2. Research and Development Facilities
12.3. Educational Institutions
12.4. Service Providers
12.5. Government and Military
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%, YOY GROWTH (%) -- 2025-2032.
By Product Type:
-
Electrical and Electronic Testing Equipment
-
Mechanical Testing Equipment
-
Thermal Testing Equipment
-
Optical Testing Equipment
-
Others
By Industry Vertical:
-
Aerospace and Defense
-
Automotive
-
Electronics and Semiconductor
-
Healthcare and Medical Devices
-
Energy and Power
-
IT and Telecommunications
-
Others
By Testing Type:
-
Non-Destructive Testing Equipment
-
Destructive Testing Equipment
By Portability:
-
Benchtop Equipment
-
Handheld/Portable Equipment
By Connectivity:
-
Traditional Testing Equipment
-
IoT-Enabled Testing Equipment
By End-User:
-
Manufacturing Industries
-
Research and Development Facilities
-
Educational Institutions
-
Service Providers
-
Government and Military
Frequently Asked Questions
We at Aurorawave Intellects Market Report gives total market analysis that suit our customer business need and permit decision maker to run organizations without any problem. We have accomplished greatness in giving start to finish market research arrangements. Our detachment of industry specialists accumulate key data and get ready substance that lines up with our customer's business/specialty.
We at aurorawaveintellects.com offer mainly 3 types of licenses:
• Single User: Research Report copy can be distributed to a single user only
• Multi User: Research Report distribution is restricted up to 5 users.
• Corporate License :Research Report can be distributed across the company.
Based on the nature of the topic or research, the formats vary. The different formats of the report are as following:
• Word Document
• PPT
Following modes are available for making the payment:
• Online Payment (Visa Card, Master Card, Stripe)
• Razorpay
• Net Banking
• Bank Wire Transfer
Our customer service and research specialist team are available by phone and by email. Customer service hours are 24X7 Indian Standard Time (IST). You may reach us at:
• Email: info@aurorawaveintellects.com
• United Kingdom: ++91 7382742511