In the early 2000s, the industry's leading firms were Agilent Technologies, Inc., with 2002 sales of $6 billion; KLA-Tencor Corp., with $1.6 billion; Teradyne, Inc., with $1.2 billion; and Tektronix, Inc., with $843 million.
SIC 3825 applies to INSTRUMENTS FOR MEASURING AND TESTING OF ELECTRICITY AND ELECTRICAL SIGNALS.
A wide variety of items from the mechanical testing and measuring instruments business are used for diverse testing and measurement purposes in a variety of industries, including telecommunications, electricity, and electronics.
ATE, the largest industry segment, includes T and M instruments for semiconductors, circuit boards, and computer disk drives.
In recent years, nearly one-third of the companies in the industry, representing almost 25 percent of total sales, were located in California due to the large defense, semiconductor, and telecommunications industries in that state.
Unlike the noteworthy growth experienced in 2000, the industry declined in 2001 in the wake of negative economic conditions that rippled through many U.S. industries.
Examples of industry output include voltmeters, ammeters, wattmeters, watt-hour meters, semiconductor test equipment, and circuit testers.
The measuring and controlling devices industry involves the manufacturing of instruments and tools used to measure and control various parameters such as temperature, pressure, flow, and level in industrial processes. These devices play a crucial role in ensuring accuracy and efficiency in operations across different industries such as manufacturing, automotive, healthcare, and energy.
Major industry product segments include aircraft engine instruments; nuclear radiation detection and monitoring instruments; commercial, geophysical, meteorological,
Commercial, geophysical, meteorological, and general-purpose instruments and equipment is a large segment in the measuring and controlling devices industry.
The laboratory analytical instruments industry is an international business dominated by large, innovative companies. In addition, numerous small firms compete by forming alliances or operating in niche markets.
manufacturing meters for registering or tallying quantities of fluids, motor vehicle measuring instruments, and instruments for counting the frequency of items or events.
Companies that overcome these hurdles, however, can reap large profits if their products succeed.