U.S.: Measuring Instrument Market 2025

Measuring Instrument Market Size in the U.S.

In 2022, the U.S. measuring instrument market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Measuring instrument consumption peaked in 2022 and is likely to see steady growth in the near future.

Measuring Instrument Production in the U.S.

In value terms, measuring instrument production dropped to $X in 2022. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Measuring Instrument Exports

Exports from the U.S.

In 2022, the amount of instruments and related products for measuring, displaying, and controlling industrial process variables exported from the United States expanded significantly to X units, picking up by X% against the year before. Overall, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, measuring instrument exports expanded markedly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X units), Canada (X units) and China (X units) were the main destinations of measuring instrument exports from the United States, with a combined X% share of total exports. Germany, Japan, the UK, South Korea, Brazil, Singapore, Hong Kong SAR and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, Mexico ($X), Canada ($X) and China ($X) were the largest markets for measuring instrument exported from the United States worldwide, with a combined X% share of total exports. Germany, Singapore, Japan, South Korea, the UK, Brazil, Hong Kong SAR and Greece lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The average measuring instrument export price stood at $X per unit in 2022, approximately reflecting the previous year. In general, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

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

Measuring Instrument Imports

Imports into the U.S.

In 2022, approx. X units of instruments and related products for measuring, displaying, and controlling industrial process variables were imported into the United States; with an increase of X% compared with the previous year's figure. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, measuring instrument imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Mexico (X units) and Japan (X units) were the main suppliers of measuring instrument imports to the United States, together comprising X% of total imports. Germany, Taiwan (Chinese), Malaysia, Vietnam, Canada, Thailand, South Korea, the UK and Bulgaria lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Among the main suppliers, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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