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New Modular Instruments Market Research Report- COVID-19 Analysis Based on PXI Platform, VXI Platform, and AXIe Platform Products | TechnavioThe new modular instruments market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201118005460/en/ Technavio has announced its latest market research report titled Global Modular Instruments Market 2020-2024 (Graphic: Business Wire) Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the modular instruments market. Get FREE report sample within MINUTES "One of the primary growth drivers for this market is the growth of the Aerospace and Defense Sector in Developed Economies," says a senior analyst for Industrials at Technavio. The growth of the aerospace and defense sector in developed economies is one of the primary growth factors for this market. Although the aerospace and defense industry witnessed a decline in revenue during the past few years, declining crude oil prices, the increase in air traffic, and the recent increase in the defense budget of developed countries such as the US, the UK, France, and Japan, will drive the growth of the industry in the coming years. This will subsequently boost the sales of modular testing equipment as they play a significant role in monitoring the performance of command and communication networks, computer intelligence, and surveillance applications. As the markets recover Technavio expects the modular instruments market size to grow by USD 708.36 million during the period 2020-2024. Modular Instruments Market Segment Highlights for 2020
Click here to learn about report detailed analysis and insights on how you can leverage them to grow your business. Related Reports on Industrials Include: Global HVAC Test Instruments Market: The HVAC test instruments market size has the potential to grow by USD 106.58 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Global Powered Surgical Instruments Market: The powered surgical instruments market size has the potential to grow by USD 351.96 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Notes:
Register for a free trial today to access 17,000+ market research reports using Technavio's SUBSCRIPTION platform About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201118005460/en/ |