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Global Modular Instrument market 2015-2019

Global Modular Instrument market 2015-2019

About Modular Instruments

Modular instruments are used in configuring automated test and measurement equipment. They deliver open software-defined solutions that offer flexibility in terms of customizing measurement and interface. Test and measurement equipment are used in designing, developing, verifying, maintaining, and repairing various electronic and mechanical products. Cellphones, semiconductors, digital cameras, MP3 players, and solar inverters are some of the electronic products that use modular instruments. Some of the mechanical products that use test and measurement equipment are turbines, automotive suspensions, and aircraft propulsion systems. Modular instruments used to enhance efficiency, reliability, and accuracy of electronic/mechanical products.

TechNavio's analysts forecast the Global Modular Instrument market to grow at a CAGR of 12.45 percent over the period 2014-2019.

Covered in this Report

The Global Modular Instrument market considers three major products for revenue generation: PXI, VXI, and AXIE.

TechNavio's report, Global Modular Instrument Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key Regions

  • Americas
  • APAC
  • EMEA
Key Vendors
  • Aeroflex
  • Agilent Technologies
  • Astronics
  • National Instruments
Other Prominent Vendors
  • Giga-tronics
  • Guzik Technical Enterprises
  • Phase Matrix
  • Rohde & Schwarz
  • Tabor Electronics
  • United Electronic Industries
  • VTI Instruments
Market Driver
  • Increased Need for Cost-effective Automated Test Equipment
  • For a full, detailed list, view our report
Market Challenge
  • Lack of Effective Product Differentiation
  • For a full, detailed list, view our report
Market Trend
  • Increase in M&A
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global Modular Instrument Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Modular Instrument Market: Aeroflex Inc., Agilent Technologies Inc., Astronics Corp. and National Instruments Corp.

Other Prominent Vendors in the market are: Giga-tronics, Guzik Technical Enterprises, Phase Matrix, Rohde & Schwarz, Tabor Electronics, United Electronic Industries and VTI Instruments.

Commenting on the report, an analyst from TechNavio’s team said: “The increase in the penetration of PXI platform-based modular instruments in the Military and Defense, and Telecom industries is one the major trends in the Global Modular Instrument market. PXI platform-based modular instruments can easily integrate the traditional measurement capabilities with automation, machine control, and machine vision.”

According to the report, one of the main drivers of the market is the increased need for cost-effective automated test equipment. Many organizations worldwide prefer modular instruments compared to traditional instruments because of operational advantages.

Further, the report states that one of the main challenges in this market is the lack of effective product differentiation. The presence of several international, regional, and local vendors offering similar products has led to intense competition.Aeroflex , Agilent Technologies , Astronics , National Instruments , Giga-tronics, Guzik Technical Enterprises, Phase Matrix, Rohde & Schwarz, Tabor Electronics, United Electronic Industries, VTI Instruments

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
      • Table Global Modular Instrument Market by Product Segmentation
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Modular Instrument Overview
    • Hardware
      • PXI
      • PC-based
    • Software
      • System Services and Driver Software
      • Test Management Software
      • Test Development Software
      • Integration
      • Flexibility
      • Size
      • Throughput
  • Market Landscape
    • Market Size and Forecast
      • Table Global Modular Instrument Market 2014-2019 (US$ million)
    • Five Forces Analysis
  • Market Segmentation by Product
    • Global Modular Instrument Market by Product
      • Table Global Modular Instrument Market by Product Segmentation 2014 and 2019
    • Global Modular Instrument Market based on PXI Platform
      • Market Size and Forecast
        • Table Global Modular Instrument Market based on PXI Platform 2014-2019 (US$ million)
    • Global Modular Instrument Market based on VXI Platform
      • Market Size and Forecast
        • Table Global Modular Instrument Market based on VXI Platform 2014-2019 (US$ million)
    • Global Modular Instrument Market based on AXIe Platform
      • Market Size and Forecast
        • Table Global Modular Instrument Market based on AXIe Platform 2014-2019 (US$ million)
        • Table Global Modular Instrument Market by Product Segmentation 2014-2019
  • Geographical Segmentation
    • Global Modular Instrument Market by Geographical Segmentation
      • Table Global Modular Instrument Market by Geographical Segmentation 2014 and 2019
    • Modular Instrument Market in Americas
      • Market Size and Forecast
        • Table Modular Instrument Market in Americas 2014-2019 (US$ million)
    • Modular Instrument Market in EMEA Region
      • Market Size and Forecast
        • Table Modular Instrument Market in EMEA Region 2014-2019 (US$ million)
    • Modular Instrument Market in APAC Region
      • Market Size and Forecast
        • Table Modular Instrument Market in APAC Region 2014-2019 (US$ million)
        • Table Global Modular Instrument Market by Geographical Segmentation 2014-2019
  • Buying Criteria
    • Table Aerospace Industry
    • Table Consumer Electronics Industry
    • Table Military and Defense Industry
    • Parameters
      • Compatibility
      • Maintenance and Support
      • Reliability
      • Total Cost of Ownership
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Aeroflex
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Aeroflex: Business Segmentation
      • Recent Developments
      • SWOT Analysis
    • Agilent Technologies
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Agilent Technologies: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Agilent Technologies: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Agilent Technologies: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Astronics
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Astronics: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Astronics: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Astronics: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • National Instruments
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table National Instruments: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table National Instruments: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
        • Table National Instruments: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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