Frequently Asked Questions
The market is segmented based on Segmentation, By Platform Type (PXI Platform, VXI Platform, and AXIe Platform), Industry Verticals (Aerospace and Defence, Semiconductor and Electronics, and Telecommunication), Application (Research and Development, Manufacturing, and Installation) – Industry Trends and Forecast to 2032
.
The Global Modular Instruments Market size was valued at USD 2.64 USD Billion in 2024.
The Global Modular Instruments Market is projected to grow at a CAGR of 6.8% during the forecast period of 2025 to 2032.
The major players operating in the market include ADLINK Technology Inc. ,Astronics Corporation Cobham Limited ,Rhode &, Schwarz ,NATIONAL INSTRUMENTS CORP. ,Keysight Technologies ,Teradyne Inc. ,VIAVI Solutions Inc. ,AMETEKInc. ,EXFO Inc. ,Aplab Limited ,Fortive ,Qmax Systems ,SPX TECHNOLOGIES ,The Anritsu Corporation ,Lumentum Operations LLC ,Scientech Technologies Pvt. Ltd. ,Premier Measurement Solutions Pvt Ltd. ,Yokogawa India Ltd. .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.