$3.08 Bn Modular Instruments Market - Global Outlook & Forecasts 2017-2026

DUBLIN, Jan. 18, 2019 /PRNewswire/ --

The "Modular Instruments - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Global Modular Instruments market accounted for $1.12 billion in 2017 and is expected to reach $3.08 billion by 2026 growing at a CAGR of 11.9%

Growing aerospace and defence sector in developing economies, rising demand for deployment of LTE from the telecommunications sector and improved R&D spending in emerging countries are factors influencing the market growth. However, factors such as the growing penetration of rental and leasing services are restraining the market growth.

Modular instruments are used for the configuration of automated test and measurement (T&M) equipment. This equipment is used for the repair, design, verification, maintenance, and development of various electrical and mechanical products.

On the basis of Platform, PCI extension for Instrumentation (PXI) held considerable market share during the forecast period. It is an open, multi-vendor standard governed by the PXI Systems Union that guarantees interoperability of modules and chassis from dissimilar vendors. This platform is constructed on PCI, and hence, it integrally brings the benefits of reduced cost, better performance, and a mainstream software model to verticals.

By Geography, Asia Pacific is projected to be the fastest-growing during the forecast period. The increase in investments in the Aerospace industry by countries such as India and China that will add to the growth in the region and the massive volume sales of mobile devices that result in the demand for wireless test equipment will bolster the market's growth prospects in this region.

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 End User Analysis

3.8 Emerging Markets

3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Modular Instruments Market, By Platform

5.1 Introduction

5.2 PCI eXtensions for Instrumentation (PXI)

5.3 AdvancedTCA Extensions for Instrumentation and Test (AXIe)

5.4 VME eXtensions for Instrumentation (VXI)

6 Global Modular Instruments Market, By Application

6.1 Introduction

6.2 Manufacturing & Installation

6.3 Research & Development (R&D)

7 Global Modular Instruments Market, By End User

7.1 Introduction

7.2 Automotive & Transportation

7.3 Telecommunications Industry

7.4 Electronics & Semiconductor

7.5 Aerospace & Defense

7.6 Other End Users

8 Global Modular Instruments Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 National Instruments

10.2 Astronics Corporation

10.3 Ametek

10.4 Viavi Solutions

10.5 Fortive Corporation

10.6 Keysight Technologies

10.7 Pickering Interfaces

10.8 Teledyne LeCroy

10.9 Rohde & Schwarz

10.10 Asis Pro

10.11 Test Evolution Corporation

10.12 Guzik Technical Enterprises

10.13 Chroma ATE

10.14 ELMA Electronic

10.15 Marvin Test Solutions

10.16 Adlink Technology

10.17 Bustec

10.18 Goepel Electronic

For more information about this report visit

https://www.researchandmarkets.com/research/vpv3tp/3_08_bn_modular?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/3-08-bn-modular-instruments-market---global-outlook--forecasts--2017-2026--300780815.html

SOURCE Research and Markets