"Test and Measurement" is a well recognized term used to describe a broad application area or industry. It is simply what the name implies: testing and measurement. The two often go together because most testing requires some kind of measurement to derive the test results. When a measurement is performed without officially being a "test process" it is often described as data acquisition.
At Endeavor Engineering we have extensive experience in the creation of test and measurement solutions. Whether you are concerned about accuracy, speed, resolution, fixturing, or any other consideration we are interested in talking to you. Please contact us.