Blockchain Press Releases
Test And Measurement Equipment Market size worth $ 41.90 Billion, Globally, by 2030 at 4.50% CAGR: Verified Market Research®
The “Global Test And Measurement Equipment Market By Service Type (Calibration Services, Repair Services), By Product (General Purpose Test Equipment (GPTE), Mechanical Test Equipment (MTE)), By Industry (IT and Telecommunication, Automotive), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Test And Measurement Equipment Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., July 13, 2023 /PRNewswire/ — The Global Test And Measurement Equipment Market is projected to grow at a CAGR of 4.50% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 29.21 Billion in 2022 and is expected to reach USD 41.90 Billion by the end of the forecast period.
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Browse in-depth TOC on “Test And Measurement Equipment Market“
202 – Pages
126 – Tables
37 – Figures
Test And Measurement Equipment Market: Driving Growth in Multiple Industries
The Test And Measurement Equipment Market, encompassing the design, manufacture, and sale of instruments and devices used for measuring, testing, and analyzing various parameters in diverse applications, continues to play a crucial role in multiple industries. These tools ensure product performance, reliability, and quality, as well as facilitate research and development endeavors. With the ability to collect precise data, conduct tests, and evaluate the characteristics and behaviors of components, systems, and materials, testing and measurement equipment has become indispensable for experts and academics assessing factors such as electrical signals, physical properties, environmental conditions, and network performance.
The global demand for Test And Measurement Equipment Market has witnessed consistent growth over the years, serving as a means to verify product quality, reliability, and adherence to industry standards. By enabling precise monitoring, analysis, and testing of parameters such as electrical impulses, physical attributes, performance traits, and environmental variables, these tools contribute to ensuring optimal outcomes.
Technological advancements, including 5G, the Internet of Things (IoT), automation, and artificial intelligence (AI), have led to increased complexity in products and systems. Consequently, the demand for cutting-edge test and measurement equipment has surged to guarantee their effectiveness and reliability.
Industries placing high emphasis on quality and safety, such as automotive, aerospace, healthcare, and telecommunications sectors, rely heavily on test and measurement equipment to ensure compliance with stringent requirements. However, the acquisition of such equipment, particularly advanced devices utilizing state-of-the-art technology, can be financially challenging, creating obstacles for small and medium-sized enterprises (SMEs) and emerging economies. As technology continues to evolve, the demand for specialized and advanced test and measurement tools grows in tandem with the complexity of systems and products.
Meeting rigorous testing standards presents challenges in equipment selection, utilization, and data interpretation. Specialized knowledge and skills are required to operate and interpret test and measurement equipment effectively. In certain fields and industries, a shortage of competent personnel hampers efficient operation and utilization of these devices. Calibration is crucial to maintaining the accuracy and reliability of test and measurement equipment. The rising significance of calibration, coupled with the need for routine instrument calibration, creates opportunities for calibration service providers.
The healthcare sector is experiencing significant growth driven by factors such as population aging, technological advancements, and escalating healthcare costs. Test and measurement equipment plays a critical role in diagnostics, medical imaging, and patient monitoring within this sector, presenting avenues for market expansion. Anticipated technological progress, escalating quality and safety standards, and the demand for precise measurement and analysis across various industries are expected to propel the Test And Measurement Equipment Market’s growth. Manufacturers aiming to capitalize on the potential in this competitive market must prioritize innovation, cost-effectiveness, and the provision of specialized solutions.
Key players in the Test And Measurement Equipment Market include Texas Instrument, Keysight, National Instruments, Rohde & Schwarz, Anritsu, Viavi, Fortive, Exfo, Yokogawa Electric, Cobham, Teledyne, Advantest. These companies are actively involved in financial statement analysis, product benchmarking, SWOT analysis, and implementing key development strategies to maintain their competitive edge.
In this competitive market, manufacturers must prioritize innovation, cost-effectiveness, and the provision of specialized solutions to capitalize on the market’s potential. To get market data, market insights, financial statements and a comprehensive analysis of the Global Test And Measurement Equipment Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Test And Measurement Equipment Market into Service Type, Product, Industry, And Geography.
- Test And Measurement Equipment Market, by Service Type
- Calibration Services
- Repair Services
- Other Services
- Test And Measurement Equipment Market, by Product
- General Purpose Test Equipment (GPTE)
- Mechanical Test Equipment (MTE)
- Test And Measurement Equipment Market, by Industry
- IT and Telecommunication
- Automotive
- Industrial
- Semiconductor and Electronics
- Defense And Aerospace
- Education
- Healthcare
- Test And Measurement Equipment Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Blockchain Press Releases
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
DUBAI, UAE, Nov. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce an Ethiopia-only limited time offer for Bybit P2P users. From now to Dec. 5, eligible makers and users on Bybit P2P can choose a special rewards track while capturing opportunities in P2P trading.
Registration is required for all three events:
1. Merchant-exclusive Event
On Bybit P2P, users may enter the P2P Maker Battle for a share of a 2,000 USDT prize pool. Merchants may get a share of the prize pool by placing a sell ad in the Ethiopian Birr (ETB) on the Bybit P2P marketplace, inviting others to buy USDT.
The prize pool will be divided by the top 10 merchants who trade with the largest number of unique users, and complete a minimum trading volume of 5,000 USDT and minimum number of 50 unique buyers. To qualify, the Merchant must register and submit their UIDs using this form.
2. Cashback Event: Up to 2% for Existing Users
All buyers have a chance at an easy win from another 8,000 USDT prize pool. Existing P2P users may simply trade to reach a minimum of 500 USDT in trading volume to unlock 2% cashback, up to 10 USDT per user.
3. Sharers Get More
Users have another way to access a 2,000 USDT prize pool by using the “share” button to spread the word about their ETB journey on Bybit P2P. The top 10 participants with the highest views will get to tell their stories and take home the rewards. Interested users may use this form to submit their work.
P2P trading is an organic part of the crypto market and an indispensable tool for improving financial inclusion and interconnectivity between community members. Bybit P2P provides a secure and user-friendly peer-to-peer trading solution, enabling users to seamlessly trade among themselves at zero fees.
Bybit offers resources about posting trades on Bybit P2P, and Ethiopian users may visit here for more.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
Blockchain Press Releases
Sweat Your Way to Rewards: Live4Well Revolutionizes Wellness with Innovative “Exercise-to-Earn” Ecosystem
HONG KONG, Nov. 18, 2024 /PRNewswire/ — The past decade has witnessed a dramatic shift in consumer behavior, with online shopping becoming the norm, further accelerated by the pandemic. Reward programs have sprung up everywhere, incentivizing spending and fostering brand loyalty. The core of cashback is to encourage consumers to develop a habit of continuous shopping through rewards. This same logic is beginning to take root in the field of sports and health.
GYMetaverse, the innovative team behind the successful Live4Well Genesis NFT collection, is disrupting the rewards landscape with the launch of its upgraded VIV PASS program. This groundbreaking “move-to-earn” ecosystem incentivizes healthy habits, transforming sweat equity into tangible rewards. Live4Well envisions a positive feedback loop where exercise leads to better health, and better health leads to tangible benefits, realizing the concept of “health as wealth.”
Pioneering the “Fitness Mileage” Concept: Earn Rewards for an Active Lifestyle
This inclusive program is open to users worldwide with zero barriers to entry. In just minutes, users can download the Live4Well mobile app and register for free access to the VIV Pass ecosystem. Initially, Sweat Points, the program’s reward currency, can be earned through three primary avenues:
(1) Daily Exercise — Users accumulate points by tracking steps and calories burned, turning daily workouts into rewarding experiences.
(2) Competition Participation — Points are awarded for participating in designated sporting activities, simply by uploading proof of participation.
(3) Health & Fitness Spending — Users can upload receipts for eligible purchases in the designated sports and wellness categories to earn additional Sweat Points.
Live4Well makes the benefits of exercise immediately tangible, converting effort into visible rewards. Accumulated Sweat Points can be redeemed for a variety of prizes, including cash vouchers, fitness products, and exercise classes. The Live4Well app also empowers users to track their fitness data and participate in engaging challenges.
Creating a Global Sharing Economy: A triple win for Users, Businesses, and the Industry
Live4Well‘s vision extends beyond simply creating a health management platform. The “exercise-to-earn” concept fosters a mutually beneficial ecosystem:
(1) User Benefits — VIV PASS motivates individuals to adopt and maintain healthy exercise habits through a rewarding system.
(2) Business Advantages — The platform connects businesses with their target audience through community engagement and strategic partnerships, driving more effective product promotion.
(3) Industry Transformation — By creating a “move-to-earn” economy, Live4Well stimulates consumer spending, transforming calorie expenditure into a quantifiable reward unit. This innovative approach empowers businesses to generate revenue, expand operations, and seamlessly connect the virtual and physical worlds.
Since its inception, Live4Well‘s fitness alliance ecosystem has continued to expand. With ongoing optimization of its operational framework, the VIV PASS ecosystem provides easy access and a tiered membership system, fostering a comprehensive wellness mechanism which stimulates consumer engagement, and builds a thriving global sharing economy.
To learn more, please visit: https://www.live4well.io
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