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Global Modular Instruments
Market Research Report
and Forecast 2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights ReservedReport Description
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Report Description
Report Description and Highlights
Global Modular Instruments Market Outlook 2026:
According to the latest report by IMARC Group, titled “Modular Instruments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global modular instruments market is expected to exhibit moderate growth during 2021-2026.
Modular instruments are devices used for configuring automated test and measurement (T&M)
equipment, which assist in the designing, developing, maintaining, verifying and repairing of different electronic and mechanical products.
These instruments have a frame in which different types and numbers of functional cards can be plugged. Modular instruments rely on a computer-user interface for connecting functional cards and accommodating input and output channels.
They help in reducing costs and achieving longevity, faster output and greater flexibility, owing to which their demand is escalating worldwide.
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Report Description
Report Description and Highlights
Global Modular Instruments Market Trends:
Modular instruments are employed in the electronics and semiconductor industries for testing
components and devices at different stages of the manufacturing cycle and increasing the efficiency of electronic systems.
Apart from this, on account of the advancements in long-term evolution (LTE) systems, boosting sales of smart devices and growing mobile data traffic, there is a rise in the requirement for advanced
modular instruments for developing technologies, such as LTE-A, 4G and 5G.
Furthermore, governments of numerous countries, especially in the emerging regions, are investing in the development of 4G and 5G infrastructure, which in turn is strengthening the modular instruments market growth.
Other factors that are anticipated to bolster the market growth in the upcoming years include the increasing popularity of flexible electronics and the integration of connected devices with the Internet of Things (IoT).
Market Summary:
Breakup by Platform Type:
• PXI • AXIe • VXI
Breakup by Application:
• Research and development • Manufacturing
• Installation
Breakup by Vertical Type:
• Aerospace and defense • Automotive
• Electronics and semiconductor • Telecommunications
Breakup by Region:
• North America • Europe
• Asia Pacific • Latin America
• Middle East and Africa
On account of the aforementioned factors, the market is expected to witness moderate growth during 2021-2026.
Competitive Landscape With Keyplayer: • 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.
View Report TOC, Figures and Tables : https://www.imarcgroup.com/modular-instruments-market
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© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
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