The India test and measurement equipment market size reached USD 941.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,428.94 Million by 2033, exhibiting a growth rate (CAGR) of 4.37% during 2025-2033. The market is rapidly expanding, due to electronics manufacturing, semiconductor production, and 5G deployment. An increasing demand for high-precision testing in sectors such as electric vehicles, IoT devices, and industrial automation is driving this evolution. Furthermore, government incentives and rising exports are further strengthening investments in advanced, AI-driven testing solutions across industries.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 941.50 Million |
Market Forecast in 2033 | USD 1,428.94 Million |
Market Growth Rate 2025-2033 | 4.37% |
Growth in Automotive and Electric Vehicle Testing Solutions
India's automotive and electric vehicle (EV) sector is fueling an upsurge in demand for specialized test and measurement equipment. As EVs, hybrid vehicles, and autonomous driving technologies grow rapidly, automakers need high-voltage testing, battery testing, and powertrain testing solutions to validate performance, safety, and regulatory compliance. For instance, as per industry reports, in the first 11 months of 2024, EV sales in India surpassed 1.8 Million units, reflecting a nearly 45% year-on-year increase. The shift toward electrification and more stringent emissions norms has increased the need for automotive diagnostic tools, durability testing systems, and advanced telematics testing. Connected vehicles and Advanced Driver Assistance Systems (ADAS) are additionally fueling the demand for RF testing, sensor calibration, and real-time data acquisition systems. Meanwhile, India's push for localized EV production and automotive R&D will further drive growth for advanced test and measurement solutions for vehicle safety and performance validation.
Rising Demand for High-Precision Testing in Electronics and Semiconductor Manufacturing
India’s growing electronics and semiconductor manufacturing sector is driving the demand for advanced test and measurement equipment. As the country expands domestic production of smartphones, consumer electronics, automotive electronics, and semiconductor chips, manufacturers require high-precision testing solutions to ensure product quality and compliance with global standards. For instance, in September 2024, Analog Devices (ADI) announced a partnership with Tata Group to explore semiconductor manufacturing in India. Tata Electronics is investing USD 14 billion in a Gujarat fabrication plant and Assam chip testing facility to strengthen India’s semiconductor industry under government-backed initiatives. Moreover, 5G deployment and the rise of IoT-enabled devices further necessitate sophisticated testing tools for RF measurements, signal integrity analysis, and power testing. Additionally, increasing export opportunities demand stringent adherence to international testing protocols, compelling Indian manufacturers to adopt cutting-edge measurement technologies. As product miniaturization and complexity increase, the industry is witnessing a strong shift toward high-accuracy, real-time, and AI-powered testing solutions to meet evolving market requirements.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product, service type, and end use industry.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes general purpose test equipment (GPTE) (oscilloscopes, signal generators, multimeters, logic analyzers, spectrum analyzers, bert (bit error rate test), network analyzers, and others) and mechanical test equipment (MTE) (non-destructive test equipment, machine vision inspection, and machine condition monitoring).
Service Type Insights:
A detailed breakup and analysis of the market based on the service type have also been provided in the report. This includes calibration services and repair services/after-sales services.
End Use Industry Insights:
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes automotive and transportation, aerospace and defense, IT and telecommunication, education, semiconductor and electronics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered |
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Service Types Covered | Calibration Services, Repair Services/After-Sales Services |
End Use Industries Covered | Automotive and Transportation, Aerospace and Defense, IT and Telecommunication, Education, Semiconductor and Electronics, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: