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PUBLISHER: IMARC | PRODUCT CODE: 1347675
PUBLISHER: IMARC | PRODUCT CODE: 1347675
Modular Instruments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 149 Pages
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Market Overview:
The global modular instruments market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.2 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.
A modular instrument refers to the device used for the configuration of automated test and measurement (T&M) equipment. It consists of frames for connecting functional cards and accommodating input and output channels, along with VME standard, VXI standard, personal computer plug-ins and Compact PCI standard. The instrument uses a computer-user interface and require written test programs for accurate measurements. It also offers various benefits, such as higher channel count for data acquisition, efficiency in automated tests and an integrated space solution for the connection of multiple instruments. Owing to this, it finds extensive applications across various industries, including aerospace, defense, automotive, electronics, semiconductor, telecommunications, etc.
Significant growth in the electronics and semiconductor industries is one of the key factors driving the market. Modular instruments are used to test various components and devices at different stages of the manufacturing cycle and gauge the efficiency of the electronic system. Furthermore, developments in the 4G and 5G infrastructure across the globe is also providing a boost to the market growth. With the advancements in long-term evolution (LTE) systems, increased adoption of smart devices and substantial growth in mobile data traffic, there is a growing requirement for advanced modular instruments for the development of newer technologies, including LTE-A, 4G and 5G. There is also a widespread utilization of PXI-based devices, which is acting as another growth-inducing factor. It is an open and multi-vendor standard that ensures interoperability of modules and chassis from multiple vendors. Other factors, including increasing production of flexible electronics and the integration of connected devices with the Internet of Things (IoT), are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global modular instruments market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on platform type, application and vertical.
Breakup by Platform Type:
PXI
AXIe
VXI
Breakup by Application:
Research and Development
Manufacturing and Installation
Breakup by Vertical:
Aerospace and Defense
Automotive
Electronics and Semiconductor
Telecommunication
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AMETEK, Inc., Astronics Corporation, Cobham Plc, Fortive Corporation, JDS Uniphase Corporation, Keysight Technologies, National Instruments Corporation, Pickering Interfaces Ltd., Premier Measurement Solutions Pvt Ltd., Rohde & Schwarz GmbH & Co KG, Scientech Technologies Pvt. Ltd., Teledyne LeCroy Inc., Teradyne, Inc., Viavi Solutions Inc. and Yokogawa Electric Corporation.
Key Questions Answered in This Report
- 1. What is the expected growth rate of the global modular instruments market?
- 2. What has been the impact of COVID-19 on the global modular instruments market?
- 3. What are the key factors driving the global modular instruments market?
- 4. What is the breakup of the global modular instruments market based on the platform type?
- 5. What is the breakup of the global modular instruments market based on the application?
- 6. What is the breakup of the global modular instruments market based on the vertical?
- 7. What are the key regions in the global modular instruments market?
- 8. Who are the key companies/players in the global modular instruments market?
Product Code: SR112023A1910
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Modular Instruments Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Platform Type
- 6.1 PXI
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 AXIe
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 VXI
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Research and Development
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Manufacturing and Installation
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Vertical
- 8.1 Aerospace and Defense
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Automotive
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Electronics and Semiconductor
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Telecommunication
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
- 11.1 Overview
- 11.2 Inbound Logistics
- 11.3 Operations
- 11.4 Outbound Logistics
- 11.5 Marketing and Sales
- 11.6 Service
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 AMETEK, Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Astronics Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Cobham Plc
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Fortive Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 JDS Uniphase Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Keysight Technologies
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 National Instruments Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Pickering Interfaces Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Premier Measurement Solutions Pvt Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Rohde & Schwarz GmbH & Co KG
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 Scientech Technologies Pvt. Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Teledyne LeCroy Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Teradyne, Inc.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.13.4 SWOT Analysis
- 14.3.14 Viavi Solutions Inc.
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.14.3 Financials
- 14.3.15 Yokogawa Electric Corporation
- 14.3.15.1 Company Overview
- 14.3.15.2 Product Portfolio
- 14.3.15.3 Financials
- 14.3.15.4 SWOT Analysis
- 14.3.1 AMETEK, Inc.
Product Code: SR112023A1910
List of Figures
- Figure 1: Global: Modular Instruments Market: Major Drivers and Challenges
- Figure 2: Global: Modular Instruments Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Modular Instruments Market: Breakup by Platform Type (in %), 2022
- Figure 4: Global: Modular Instruments Market: Breakup by Application (in %), 2022
- Figure 5: Global: Modular Instruments Market: Breakup by Vertical (in %), 2022
- Figure 6: Global: Modular Instruments Market: Breakup by Region (in %), 2022
- Figure 7: Global: Modular Instruments Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Modular Instruments (PXI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Modular Instruments (PXI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Modular Instruments (AXIe) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Modular Instruments (AXIe) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Modular Instruments (VXI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Modular Instruments (VXI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Modular Instruments (Research and Development) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Modular Instruments (Research and Development) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Modular Instruments (Manufacturing and Installation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Modular Instruments (Manufacturing and Installation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Modular Instruments (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Modular Instruments (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Modular Instruments (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Modular Instruments (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Modular Instruments (Electronics and Semiconductor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Modular Instruments (Electronics and Semiconductor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Modular Instruments (Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Modular Instruments (Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Modular Instruments (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Modular Instruments (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia Pacific: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia Pacific: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Modular Instruments Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Modular Instruments Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Modular Instruments Industry: SWOT Analysis
- Figure 77: Global: Modular Instruments Industry: Value Chain Analysis
- Figure 78: Global: Modular Instruments Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Modular Instruments Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Modular Instruments Market Forecast: Breakup by Platform Type (in Million US$), 2023-2028
- Table 3: Global: Modular Instruments Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Modular Instruments Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
- Table 5: Global: Modular Instruments Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Modular Instruments Market: Competitive Structure
- Table 7: Global: Modular Instruments Market: Key Players
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