Market Research Logo

Global Modular Instruments Market 2016-2020

About modular instruments market

Modular instruments are devices that are used for the configuration of automated T&M equipment. They deliver open-software-defined solutions that offer more flexibility to users in terms of customizing their measurements and interfaces according to their needs. T&M equipment is used for the design, development, verification, maintenance, and repair of various electronic and mechanical products. Some of the electronic products that use T&M equipment are cell phones, semiconductors, digital cameras, MP3 players, and solar inverters. Some of the mechanical products that use T&M equipment are turbines, automotive suspensions, and aircraft propulsion systems. Automated T&M equipment enhances the efficiency, reliability, and accuracy of electronic/mechanical products under focus.

Technavio’s analysts forecast the global modular instruments market to grow at a CAGR of 8.36% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global modular instruments market for 2016-2020. To calculate the market size, the report considers the revenue generated from the modular instruments.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Modular Instruments Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cobham
  • Keysight Technologies
  • National Instruments
  • Rohde & Schwarz
Other prominent vendors
  • Anritsu
  • Aplab Limited
  • EXFO
  • Fastech Telecommunications
  • Ixia
  • JDS Uniphase
  • Qmax Test Equipments
  • Premier Measurement Solution
  • Scientech Technologies
  • SPX TEKTRONIX
  • Yokogawa Electric
Market driver
  • Growth in communication sector in APAC
  • For a full, detailed list, view our report
Market challenge
  • Necessity for price-sensitive and multiple technology solutions
  • For a full, detailed list, view our report
Market trend
  • Growing demand from automobile industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 Instruments Market 2016-2020

Technavio recognizes the following companies as the key players in the global modular instruments market: Cobham, Keysight Technologies, National Instruments, and Rohde & Schwarz

Other Prominent Vendors in the market are: Anritsu, Aplab Limited, EXFO, Fastech Telecommunications, Ixia, JDS Uniphase, Qmax Test Equipments, Premier Measurement Solution, Scientech Technologies, SPX, TEKTRONIX, and Yokogawa Electric

Commenting on the report, an analyst from Technavio’s team said: “End-users of T&M equipment are facing problems due to incompatibility between products that are meant to work together but do not. This problem is becoming a challenge for vendors of T&M equipment, as it results in the loss of potential customers. Therefore, it has become a standard procedure for vendors to conduct the interoperability test to ensure compatibility with different products. Interoperability is expected to happen shortly, where vendors are expected to manufacture a product based on certain specified standards.”

According to the report, the global aerospace and defense sector is expected to witness growth during the forecast period. Technavio expects the industry to grow by 3.12% in 2016. During the past few years, the global aerospace and defense industry witnessed a continuous decline in revenue growth, which registered 3.1% in 2013, 1.89% in 2014, and 0.61% in 2015.

Further, the report states that rapid growth in radio frequencies (RF) and circuits have increased the need for developing efficient modular test equipment. However, vendors are unable to design the radio circuits of test equipment. RF testing is an essential element in the development and manufacture of any system containing RF circuits.

Companies Mentioned

Cobham, Keysight Technologies, National Instruments, Rohde & Schwarz, Anritsu, Aplab Limited, EXFO, Fastech Telecommunications, Ixia, JDS Uniphase, Qmax Test Equipments, Premier Measurement Solution, Scientech Technologies, SPX, TEKTRONIX, Yokogawa Electric.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product/service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global modular instruments market: Product segmentation
      • Table Global modular instruments market: End-user segmentation
      • Table Global modular instruments: Geographic segmentation
  • Market landscape
    • Market size and forecast
      • Table Impact of global T&M equipment market on global modular instruments market 2015-2020
      • Table Factors affecting the growth of semiconductor industry
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global modular instruments market: Product segmentation 2015 and 2020
    • Global modular instruments market based on PXI platform
      • Table Global modular instruments market based on PXI platform 2015-2020 ($ millions)
    • Global modular instruments market based on VXI platform
      • Table Global modular instruments market based on VXI platform 2015-2020 ($ millions)
    • Global modular instruments market based on AXIe platform
      • Table Global modular instruments market based on AXIe platform 2015-2020 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Global modular instruments market: End-user segmentation 2015 and 2020
    • Global modular instruments market by semiconductor and electronics industry
      • Table Global modular instruments market by semiconductor and electronics industry 2015-2020 ($ millions)
      • Table Global electronics industry growth 2013-2015 (%)
    • Global modular instruments market by telecommunication industry
      • Table Global modular instruments market by telecommunication industry 2015-2020 ($ millions)
    • Global modular instruments market by aerospace and defense industry
      • Table Global modular instruments market by aerospace and defense industry 2015-2020 ($ millions)
      • Table Global commercial aircraft delivery 2015
  • Geographical segmentation
    • Market overview
      • Table Global modular instruments market: Geographic segmentation 2015 and 2020
    • Modular instruments market in APAC
      • Table Modular instruments market in APAC 2015-2020 ($ millions)
      • Table IoT market snapshot in APEJ
      • Table Smartphone user base in APAC 2014-2018 (in millions)
      • Table Smartphone user penetration in APAC 2014-2018 (%)
    • Modular instruments market in Americas
      • Table Modular instruments market in Americas 2015-2020 ($ millions)
      • Table US car sales 2010-2015 (millions of units)
    • Modular instruments market in EMEA
      • Table Modular instruments market in EMEA 2015-2020 ($ millions)
  • Market drivers
    • Growth in communication sector in APAC
      • Table Smartphone sales growth in APAC 2013-2015 ($ billions)
      • Table Mobile internet subscribers in APAC 2015 and 2020
    • Expanding aerospace and defense sector in developed economies
      • Table Major drivers for aerospace and defense sector
      • Table Global air traffic 2004-2016 (%)
      • Table In-service aircraft reaching 25 years of service life 2015-2025 (number of aircraft)
    • Rise in exports of electronics from East Asian countries
      • Table Smartphone penetration by country 2014 and 2015 (%)
      • Table Cell phone exports by country 2015 in units (by rank)
      • Table Cell phone exports by country 2015 (in millions of units)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Necessity for price-sensitive and multiple technology solutions
      • Table Important sustainability factors for modular instrument vendors
    • Challenges related to equipment design
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Interoperability in T&M equipment
    • Growing demand from automobile industry
      • Table Global automotive industry 2008-2018
    • Emergence of 5G network
      • Table 4G technology versus 5G technology
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • Cobham
    • Keysight Technologies
    • National Instruments
    • Rohde & Schwarz
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report