Global Renting & Leasing Test and Measurement Equipment Market Research Report Information By Product, By Components, By Application, and By Region Forecast Till 2032

Description

List of Tables

Global Renting & Leasing Test and Measurement Equipment Market Research Report Information By Product (General Purpose Test Equipment, Wireless Test Equipment, Semiconductor Test Equipment, Rf Test Chambers), By Components (Connectors, Cable Assemblies, Value Added Accessories), By Application (Aerospace & Defense, Healthcare & Medical Equipment, Telecommunication, Electronics & Semiconductor, Industrial & Manufacturing, automotive), and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) Forecast Till 2032

Market Overview

According to Market Research Future (MRFR), the global Renting and Leasing Test and Measurement Equipment Market has grown significantly in recent years and is expected to reach USD 9,799.2 million by 2032, with a compound annual growth rate (CAGR) of 9.8% from 2024 to 2032.

Sustainable practices and environmental standards are driving growth in the rental and leasing of test and measurement equipment. The growing emphasis on sustainability and the adoption of sustainable technology in numerous industries around the world has created a demand for low-cost, dependable methods of measuring and evaluating performance in these fields. Renting and leasing test equipment can help organizations achieve environmental goals while remaining compliant with requirements. One of the key drivers of growth in the TME leasing business is the increase in rigorous environmental laws.

Market Segment insights

The Renting and Leasing Test and Measurement Equipment Market is divided into four product segments: general purpose test equipment, wireless test equipment, semiconductor test equipment, and RF test chambers.

The Renting and Leasing Test and Measurement Equipment Market is divided into three segments based on components: connectors, cable assemblies, and value-added accessories.

The market is divided into applications such as aerospace and defense, healthcare and medical equipment, telecommunications, electronics and semiconductors, industrial manufacturing, automotive, and others.

Regional insights

The Test and Measurement Equipment market is divided into five regions: North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The North American Commercial Kitchen Ventilation System Market accounted for the biggest market share in 2024, with Asia-Pacific predicted to rise at a considerable CAGR over the study period.

Geographically, North America has the biggest market share (36.7%). The region's growth is driven by rising industrialization in nations such as the United States and Canada, as well as the rise of the electronics manufacturing industry. Following North America, Asia Pacific and Europe have market shares of 27.1% and 21.8%, respectively. These regions' growth is being fueled by continued technology advancements as well as legislative obligations that emphasize product safety and quality.

Renting and leasing test and measurement equipment remains popular in North America, and it is on the rise for the reasons listed below. The region is technologically advanced, with significant R&D investments in telecommunications, aviation space, automobiles, and healthcare.

As a result of industrialization, new technology development, and population growth, the Asia-Pacific area is seeing a significant increase in Test and Measurement equipment use. Asian countries such as China, India, Japan, and South Korea are technological and manufacturing pioneers that require innovative Test and Measurement solutions in a variety of industries.

Major Players

Transcat Inc., Keysight Technologies, National Instruments Corp., Anritsu Corporation, Rohde & Schwarz, VIAVI Solutions Inc., Teledyne Technologies Incorporated, TechRentals, electrorent.com, Inc., Supreme Technology & Energy Solutions Pty Ltd, and others are among the market's major players.

Product Code: MRFR/SEM/8989-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 COST SAVING AND FINANCIAL FLEXIBILITY
- 4.2.2 INCREASING FOCUS ON QUALITY CONTROL BY MANUFACTURING COMPANIES
- 4.2.3 INCREASING DEMAND FOR TEST AND MEASUREMENT EQUIPMENT IN THE AUTOMOTIVE INDUSTRY
4.3 RESTRAINTS
- 4.3.1 DEPENDENCE ON EXTERNAL PROVIDERS
- 4.3.2 CONCERN ABOUT QUALITY AND CALIBRATION
- 4.3.3 LACK OF CUSTOMIZATION
4.4 OPPORTUNITY
- 4.4.1 RISE IN OUTSOURCING
- 4.4.2 SUSTAINABLE PRACTICES AND ENVIRONMENTAL REGULATIONS
- 4.4.3 PROLIFERATION OF IOT IN TEST AND MEASUREMENT EQUIPMENT INDUSTRY
4.5 COVID-19 IMPACT ANALYSIS
- 4.5.1 IMPACT ON OVERALL SEMICONDUCTOR ELECTRONICS
- 4.5.2 IMPACT ON GLOBAL RENTING & LEASING TEST AND MEASUREMENT EQUIPMENT MARKET
- 4.5.3 IMPACT ON SUPPLY CHAIN OF GLOBAL RENTING & LEASING TEST AND MEASUREMENT EQUIPMENT MARKET 46
- 4.5.4 IMPACT ON MARKET DEMAND OF RENTING & LEASING TEST AND MEASUREMENT EQUIPMENT MARKET
- 4.5.5 IMPACT ON PRICING OF RENTING & LEASING TEST AND MEASUREMENT EQUIPMENT MARKET

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 EQUIPMENT SOURCING
- 5.1.2 LEASING AND RENTAL COMPANIES
- 5.1.3 LOGISTICS AND DISTRIBUTION
- 5.1.4 END USERS
- 5.1.5 AFTER SALE SERVICES
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT

6.1 OVERVIEW
- 6.1.1 GENERAL PURPOSE TEST EQUIPMENT
- 6.1.2 WIRELESS TEST EQUIPMENT
- 6.1.3 SEMICONDUCTOR TEST EQUIPMENT
- 6.1.4 RF TEST CHAMBERS

7 GLOBAL RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY COMPONENTS

7.1 INTRODUCTION
- 7.1.1 CONNECTORS
- 7.1.2 CABLE ASSEMBLIES
- 7.1.3 VALUE ADDED ACCESSORIES

8 GLOBAL RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY APPLICATION

8.1 INTRODUCTION
- 8.1.1 AEROSPACE & DEFENSE
- 8.1.2 HEALTCARE & MEDICAL EQUIPMENT
- 8.1.3 TELECOMMUNICATION
- 8.1.4 ELECTRONICS & SEMICONDUCTOR
- 8.1.5 INDUSTRIAL & MANUFACTURING
- 8.1.6 6AUTOMOTIVE

9 GLOBAL RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION

9.1 OVERVIEW
- 9.1.1 GLOBAL RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2023 VS 2032 (USD MILLION)
- 9.1.2 GLOBAL RENTING AND LEASING TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2019-2032 (USD MILLION)
9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.2 CANADA
- 9.2.3 MEXICO
9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.2 FRANCE
- 9.3.3 UK
- 9.3.4 SPAIN
- 9.3.5 RUSSIA
- 9.3.6 ITALY
- 9.3.7 REST OF EUROPE
9.4 ASIA-PACIFIC
- 9.4.1 CHINA
- 9.4.2 JAPAN
- 9.4.3 INDIA
- 9.4.4 SOUTH KOREA
- 9.4.5 MALAYSIA
- 9.4.6 THAILAND
- 9.4.7 INDONESIA
- 9.4.8 REST OF ASIA-PACIFIC
9.5 MIDDLE EAST & AFRICA
- 9.5.1 GCC COUNTRIES
- 9.5.2 SOUTH AFRICA
- 9.5.3 REST OF MIDDLE EAST & AFRICA
9.6 SOUTH AMERICA
- 9.6.1 BRAZIL
- 9.6.2 ARGENTINA
- 9.6.3 REST OF SOUTH AMERICA

10 COMPETITIVE LANDSCAPE

10.1 INTRODUCTION
10.2 MARKET SHARE ANALYSIS, 2023
10.3 COMPETITOR DASHBOARD
10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.4.1 PARTNERSHIP/INVESTMENT /PRODUCT LAUNCH/PRODUCT APPROVAL/PRODUCT DEVELOPMET

11 COMPANY PROFILES

11.1 TRANSCAT, INC.
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 SERVICESS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 KEYSIGHT TECHNOLOGIES
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 SERVICESS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 NATIONAL INSTRUMENTS
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 ANRITSU CORPORATION
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 ROHDE & SCHWARZ
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 VIAVI SOLUTIONS INC
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 TELEDYNE TECHNOLOGIES INCORPORATED
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 TECHRENTALS
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 ELECTRORENT.COM, INC.
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 SUPREME TECHNOLOGY & ENERGY SOLUTIONS PTY LTD.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES