U.S.: Measuring Instrument Market 2025

Measuring Instrument Market Size in the U.S.

The U.S. measuring instrument market surged to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated strong growth from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Measuring Instrument Production in the U.S.

In value terms, measuring instrument production reduced slightly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X%. Measuring instrument production peaked at $X in 2021, and then fell in the following year.

Measuring Instrument Exports

Exports from the U.S.

After nine years of growth, overseas shipments of instrument for measuring and testing electricity and electrical signals decreased by X% to X tons in 2022. In general, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, measuring instrument exports rose notably to $X in 2022. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons) was the main destination for measuring instrument exports from the United States, with a X% share of total exports. Moreover, measuring instrument exports to Mexico exceeded the volume sent to the second major destination, China (X tons), sixfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest markets for measuring instrument exported from the United States were China ($X), Mexico ($X) and Canada ($X), together comprising X% of total exports. Taiwan (Chinese), South Korea, Germany, Japan, Malaysia, India, the UK, Brazil and Thailand lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average measuring instrument export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X,325 per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Measuring Instrument Imports

Imports into the U.S.

In 2022, approx. X tons of instrument for measuring and testing electricity and electrical signals were imported into the United States; rising by X% compared with the year before. In general, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, measuring instrument imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Mexico (X tons), China (X tons) and Germany (X tons) were the main suppliers of measuring instrument imports to the United States, with a combined X% share of total imports. Canada, Japan, Spain, South Korea, Taiwan (Chinese), Malaysia, the UK, France, Thailand and Italy lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Mexico ($X) and Germany ($X) were the largest measuring instrument suppliers to the United States, together accounting for X% of total imports. Japan, China, Taiwan (Chinese), the UK, Canada, Italy, South Korea, France, Thailand and Spain lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average measuring instrument import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average import price decreased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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