Global Modular Instruments Market to Reach $3.9 Billion by 2030
The global market for Modular Instruments estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$3.9 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2022-2030. PXI, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$2.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the AXIe segment is readjusted to a revised 8.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $546 Million, While China is Forecast to Grow at 12.5% CAGR
The Modular Instruments market in the U.S. is estimated at US$546 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.Select Competitors (Total 42 Featured) -
- Adlink Technology, Inc.
- AMETEK, Inc.
- Asis Pro
- Astronics Corporation
- Bustec Ltd.
- Chroma ATE, Inc.
- Elma Electronic AG (ELMN)
- Fortive Corporation
- Giga-Tronics Inc.
- Goepel Electronic GmbH
- Guzik Technical Enterprises
- Marvin Test Solutions, Inc.
- National Instruments Corporation
- Pickering Interfaces, Inc.
- Rohde & Schwarz GmbH & Co. KG
- Teledyne LeCroy
- Teradyne, Inc.
- Test Evolution Corporation
- Viavi Solutions, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adlink Technology, Inc.
- AMETEK, Inc.
- Asis Pro
- Astronics Corporation
- Bustec Ltd.
- Chroma ATE, Inc.
- Elma Electronic AG (ELMN)
- Fortive Corporation
- Giga-Tronics Inc.
- Goepel Electronic GmbH
- Guzik Technical Enterprises
- Marvin Test Solutions, Inc.
- National Instruments Corporation
- Pickering Interfaces, Inc.
- Rohde & Schwarz GmbH & Co. KG
- Teledyne LeCroy
- Teradyne, Inc.
- Test Evolution Corporation
- Viavi Solutions, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 244 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.1 Billion |
Forecasted Market Value ( USD | $ 3.9 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |