Measuring And Control Instruments Market

By Type;

Other Electrical Equipment, Electronic Products & Components and Navigational, Measuring and Electromedical & Control Instruments

By Mode;

Online and Offline

By Sales Channel;

OEM and Aftermarket

By Application;

Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn901310660 Published Date: September, 2025 Updated Date: October, 2025

Measuring And Control Instruments Market Overview

Measuring And Control Instruments Market (USD Million)

Measuring And Control Instruments Market was valued at USD 925,114.26 million in the year 2024. The size of this market is expected to increase to USD 1,505,077.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.


Measuring And Control Instruments Market

*Market size in USD million

CAGR 7.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.2 %
Market Size (2024)USD 925,114.26 Million
Market Size (2031)USD 1,505,077.54 Million
Market ConcentrationMedium
Report Pages343
925,114.26
2024
1,505,077.54
2031

Major Players

  • Agilent Technologies
  • Siemens Medical Solutions
  • Boeing
  • Thermo Fisher Scientific
  • Medtronic plc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Measuring And Control Instruments Market

Fragmented - Highly competitive market without dominant players


The Measuring and Control Instruments Market is experiencing notable expansion as industries emphasize precision, automation, and efficiency. Nearly 61% of enterprises have adopted these instruments to improve performance and reduce operational errors. The rising need for real-time monitoring highlights their importance in shaping modern industrial workflows.

Rising Need for Automation
With digital transformation driving change, about 65% of manufacturing units have integrated control instruments to achieve seamless operations. These technologies deliver reliability, reduced manual dependency, and streamlined productivity. The trend reflects the global shift toward smart production methods and sustainable operational frameworks.

Ensuring Safety and Compliance
Nearly 59% of businesses use advanced measuring devices to comply with strict safety regulations and environmental standards. These tools ensure accurate monitoring of critical processes and hazardous conditions, reducing risk exposure. The heightened focus on workplace safety and compliance continues to strengthen the adoption of such technologies.

Diversifying Industrial Usage
The adaptability of measuring and control instruments has expanded their role across multiple industries, with nearly 56% of demand originating from manufacturing, healthcare, and energy. Their ability to deliver accurate insights and enhance operational outcomes underscores their growing significance in the industrial landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Mode
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Measuring And Control Instruments Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Electrical Safety
        2. Growth in Industrial and Commercial Sectors
        3. Technological Advancements
        4. Urbanization and Infrastructure Development
      2. Restraints
        1. High Initial Cost of MCCBs
        2. Availability of Substitute Products
        3. Complexity in Installation and Maintenance
      3. Opportunities
        1. Emerging Markets in Asia-Pacific
        2. Integration with Smart Grid and IoT Technologies
        3. Growth in the Renewable Energy Sector
        4. Regulatory Support and Safety Standards
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Measuring And Control Instruments Market, By Type, 2021 - 2031 (USD Million)
      1. Other Electrical Equipment
      2. Electronic Products & Components
      3. Navigational, Measuring and Electromedical & Control Instruments
    2. Measuring And Control Instruments Market, By Mode, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    3. Measuring And Control Instruments Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    4. Measuring And Control Instruments Market, By Application, 2021 - 2031 (USD Million)
      1. Medical
      2. Electronic
      3. Oil & Gas
      4. Consumer Goods
      5. Chemicals
      6. Others
    5. Measuring And Control Instruments Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens AG
      2. Honeywell International Inc.
      3. Emerson Electric Co.
      4. ABB Ltd.
      5. Schneider Electric SE
      6. Yokogawa Electric Corporation
      7. Endress+Hauser Group
      8. Rockwell Automation Inc.
      9. GE Measurement & Control (Baker Hughes Company)
      10. Fluke Corporation (Fortive Corporation)
      11. Keysight Technologies Inc.
      12. OMEGA Engineering Inc.
      13. Azbil Corporation
      14. TE Connectivity Ltd.
      15. National Instruments Corporation
  7. Analyst Views

  8. Future Outlook of the Market