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$3.08 Bn Modular Instruments Market - Global Outlook & Forecasts 2017-2026DUBLIN, Jan. 18, 2019 /PRNewswire/ -- The "Modular Instruments - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.  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: 1Executive 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
SOURCE Research and Markets 
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