Measuring Instrument Market Overview in Luxembourg
The size of the measuring instrument market in Luxembourg stood at $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed significant growth. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Measuring instrument consumption peaked at $ in 2011; however, from 2012 to 2019, consumption remained at a lower figure.