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PUBLISHER: IMARC | PRODUCT CODE: 1792451
PUBLISHER: IMARC | PRODUCT CODE: 1792451
Modular Instruments Market Report by Platform Type, Application, Vertical, and Region 2025-2033
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PAGES: 140 Pages
DELIVERY TIME: 2-3 business days
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The global modular instruments market size reached USD 2.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.4 Billion by 2033, exhibiting a growth rate (CAGR) of 7.7% during 2025-2033.
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:
Breakup by Platform Type:
- PXI
- AXIe
- VXI
Breakup by Application:
- Research and Development
- Mnufacturing 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: SR112025A1910
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: SR112025A1910
List of Figures
- Figure 1: Global: Modular Instruments Market: Major Drivers and Challenges
- Figure 2: Global: Modular Instruments Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Modular Instruments Market: Breakup by Platform Type (in %), 2024
- Figure 4: Global: Modular Instruments Market: Breakup by Application (in %), 2024
- Figure 5: Global: Modular Instruments Market: Breakup by Vertical (in %), 2024
- Figure 6: Global: Modular Instruments Market: Breakup by Region (in %), 2024
- Figure 7: Global: Modular Instruments Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 8: Global: Modular Instruments (PXI) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Modular Instruments (PXI) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Modular Instruments (AXIe) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Modular Instruments (AXIe) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Modular Instruments (VXI) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Modular Instruments (VXI) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Modular Instruments (Research and Development) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Modular Instruments (Research and Development) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Modular Instruments (Manufacturing and Installation) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Modular Instruments (Manufacturing and Installation) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Modular Instruments (Aerospace and Defense) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Modular Instruments (Aerospace and Defense) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Modular Instruments (Automotive) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Modular Instruments (Automotive) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Modular Instruments (Electronics and Semiconductor) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Modular Instruments (Electronics and Semiconductor) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Modular Instruments (Telecommunication) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Modular Instruments (Telecommunication) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Modular Instruments (Other Verticals) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Modular Instruments (Other Verticals) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: North America: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: North America: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: United States: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: United States: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Canada: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Canada: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Asia Pacific: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Asia Pacific: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: China: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: China: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: Japan: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: Japan: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: India: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: India: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: South Korea: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: South Korea: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Australia: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Australia: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Indonesia: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Indonesia: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Others: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Others: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Europe: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Europe: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: Germany: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: Germany: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: France: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: France: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: United Kingdom: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: United Kingdom: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Italy: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Italy: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Spain: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Spain: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Russia: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Russia: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Others: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Others: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Latin America: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Latin America: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Brazil: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Brazil: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Mexico: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Mexico: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Others: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Others: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Middle East and Africa: Modular Instruments Market: Sales Value (in Million USD), 2019 & 2024
- Figure 75: Middle East and Africa: Modular Instruments Market Forecast: Sales Value (in Million USD), 2025-2033
- 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, 2024 and 2033
- Table 2: Global: Modular Instruments Market Forecast: Breakup by Platform Type (in Million USD), 2025-2033
- Table 3: Global: Modular Instruments Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: Global: Modular Instruments Market Forecast: Breakup by Vertical (in Million USD), 2025-2033
- Table 5: Global: Modular Instruments Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Modular Instruments Market: Competitive Structure
- Table 7: Global: Modular Instruments Market: Key Players
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