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
Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.
Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.
A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:
“Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”
Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.
Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.
This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.
The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.
Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.
This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.
“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”
Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About TOMORROWLAND BRASIL
Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.
The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.
Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com
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