Monday, 12 December 2016

Global Modular Instruments Market Size, Share, Analysis, Industry Growth and Forecast Research Report 2016-2020 Market Reports Center


Technavio Announces the Publication of its Research Report Global Modular Instruments Market 2016-2020

Technavio recognizes the following companies as the key players in the global modular instruments market: Cobham, Keysight Technologies, National Instruments, and Rohde & Schwarz

Other Prominent Vendors in the market are: Anritsu, Aplab Limited, EXFO, Fastech Telecommunications, Ixia, JDS Uniphase, Qmax Test Equipments, Premier Measurement Solution, Scientech Technologies, SPX, TEKTRONIX, and Yokogawa Electric

Commenting on the report, an analyst from Technavios team said: End-users of T&M equipment are facing problems due to incompatibility between products that are meant to work together but do not. This problem is becoming a challenge for vendors of T&M equipment, as it results in the loss of potential customers. Therefore, it has become a standard procedure for vendors to conduct the interoperability test to ensure compatibility with different products. Interoperability is expected to happen shortly, where vendors are expected to manufacture a product based on certain specified standards.”


According to the report, the global aerospace and defense sector is expected to witness growth during the forecast period. Technavio expects the industry to grow by 3.12% in 2016. During the past few years, the global aerospace and defense industry witnessed a continuous decline in revenue growth, which registered 3.1% in 2013, 1.89% in 2014, and 0.61% in 2015.

Further, the report states that rapid growth in radio frequencies (RF) and circuits have increased the need for developing efficient modular test equipment. However, vendors are unable to design the radio circuits of test equipment. RF testing is an essential element in the development and manufacture of any system containing RF circuits.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

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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.

Technavios 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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