Global Modular Instruments Market Seeks to New Posture of Market Trends, Opportunities and Breakthrough Point During 2020-2027

Global Modular Instruments Market Seeks to New Posture of Market Trends, Opportunities and Breakthrough Point During 2020-2027

Latest market research report on Global Modular Instruments Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Modular Instruments market.

The global market for modular instruments is expected to reach $2.6 trillion by 2025. Asia Pacific dominated the overall industry, accounting for over 35.0% of the revenue share. Increasing investments in the aerospace and defense industry in countries such as China and India are expected to contribute to the market growth. For instance, in 2018, China Aerospace acquired Western Airlines for approximately USD 400 million. Moreover, increasing number of mobile devices in the region is leading to the demand for wireless test equipment, thereby boosting the growth of the region. North America is expected to witness significant growth, growing demand for modular instruments in various end-use industries (e.g., electrical & electronics, automotive) is expected to drive the revenue growth of the North American modular instruments market over the forecast period. In addition, trends in intelligent transportation systems and connected vehicles are expected to drive the market growth in the region.

Modular instruments are plug-and-play computer boards that function similarly to traditional desktop instruments. They are used for testing, monitoring and user-defined measurement systems. The high degree of integration with computers makes modular instruments superior to benchtop instruments.

Innovations and advancements in communication and networking technologies and proliferation of electronic devices will drive the market growth. These instruments have been widely accepted by smartphone manufacturers, network providers, electronic component manufacturers, and others, thereby driving this growth. Moreover, increasing number of IoT devices is creating avenues for market growth. Extensive research on 5G technology to reduce development time and hardware complexity is further driving the demand for modular instruments.

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Competitive Situation
The Modular Instruments market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
TEKTRONIX
Anritsu
Scientech Technologies
SPX
Cobham
Rohde & Schwarz
EXFO
Fastech Telecommunications
Qmax Test Equipments
JDS Uniphase
Ixia
Aplab
Keysight Technologies
Premier Measurement Solution
National Instruments
Yokogawa Electric

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.

Market Segments by Application:
Aerospace and defense
Telecommunication
Semiconductor and electronics

Modular Instruments Type Abstract
Based on the basis of the type, the Modular Instruments can be segmented into:
PXI
VXI
AXIe

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Modular Instruments Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Modular Instruments Market by Types
4 Segmentation of Modular Instruments Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Modular Instruments Market in Major Countries
7 North America Modular Instruments Landscape Analysis
8 Europe Modular Instruments Landscape Analysis
9 Asia Pacific Modular Instruments Landscape Analysis
10 Latin America, Middle East & Africa Modular Instruments Landscape Analysis
11 Major Players Profile
…

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The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.

In-depth Modular Instruments Market Report: Intended Audience
Modular Instruments manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Modular Instruments
Modular Instruments industry associations and research organizations
Product managers, Modular Instruments industry administrator, C-level executives of the industries
Market Research and consulting firms

Reasons to Purchase this Report
Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
6 months analyst support along with the data in excel

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