Global Modular Instruments Market Growth 2023-2029

Global Modular Instruments Market Growth 2023-2029

Modular instruments are devices that are utilized for the configuration of automated test and measurement (T&M) equipment.

LPI (LP Information)' newest research report, the “Modular Instruments Industry Forecast” looks at past sales and reviews total world Modular Instruments sales in 2022, providing a comprehensive analysis by region and market sector of projected Modular Instruments sales for 2023 through 2029. With Modular Instruments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Modular Instruments industry.

This Insight Report provides a comprehensive analysis of the global Modular Instruments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Modular Instruments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Modular Instruments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Modular Instruments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Modular Instruments.

The global Modular Instruments market size is projected to grow from US$ 1040.9 million in 2022 to US$ 1780 million in 2029; it is expected to grow at a CAGR of 1780 from 2023 to 2029.

Communication T&M solutions are being adopted widely by end-users such as telecommunication service providers, mobile device manufacturers, network equipment manufacturers, and telecommunication service providers, which have led to modular instruments market growth worldwide. Telecommunication service providers are expected to dominate the communication modular instruments market and contribute the highest market share during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Modular Instruments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
PXI
VXI
AXIe

Segmentation by application
Aerospace and Defense
Telecommunication
Semiconductor and Electronics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cobham
Keysight Technologies
National Instruments
Rohde & Schwarz
Anritsu
Aplab
EXFO
Fastech Telecommunications
Ixia
JDS Uniphase
Qmax Test Equipment
Premier Measurement Solution
Scientech Technologies
SPX
TEKTRONIX
Yokogawa Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Modular Instruments market?

What factors are driving Modular Instruments market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Modular Instruments market opportunities vary by end market size?

How does Modular Instruments break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.