Please Wait.....
Report
Modular Instruments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 149 Pages I IMARC Group
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?
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
9.2 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
9.3 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
9.4 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
9.5 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
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
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
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security