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?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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