Global Modular Instruments Market Size & Outlook
Global modular instruments market, 2018-2030 (US$M)
Related Markets
Global modular instruments market highlights
- The global modular instruments market generated a revenue of USD 3,550.8 million in 2024 and is expected to reach USD 6,066.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.7% by 2030.
- In terms of segment, pxi and pxie accounted for a revenue of USD 1,719.6 million in 2024.
- PXI and PXIE is the most lucrative platform segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Philippines is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 3,550.8 million |
| Market revenue in 2030 | USD 6,066.8 million |
| Growth rate | 9.7% (CAGR from 2025 to 2030) |
| Largest segment | Pxi and pxie |
| Fastest growing segment | PXI and PXIE |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PXI and PXIE, Benchtop, 19 Inch, VXI |
Other key industry trends
- In terms of revenue, the North America accounted for 36.0% of the global modular instruments market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Philippines is the fastest growing regional market and is projected to reach USD 94.2 million by 2030.
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Modular Instruments Market Scope
Modular Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Rohde & Schwarz | View profile | 10001+ | Munich, Bayern, Germany, Europe | http://www.rohde-schwarz.com/ |
| Viavi Solutions Inc | View profile | 3600 | 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, United States, 85286 | https://www.viavisolutions.com |
| Yokogawa Electric Corp | View profile | 19030 | 2-9-32 Nakacho, Musashino-shi, Tokyo, Japan, 180-8750 | http://www.yokogawa.com |
| Delta Electronics Inc DR | View profile | 68000 | No. 186, Ruey Kuang Road, Neihu District, Taipei, Taiwan, 11491 | https://www.deltaww.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| AMETEK Inc | View profile | 21500 | 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 | https://www.ametek.com |
| Astronics Corp | View profile | 2640 | 130 Commerce Way, East Aurora, NY, United States, 14052 | https://www.astronics.com |
| Advantest Corp | View profile | 7092 | 1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, Japan, 100-0005 | http://www.advantest.co.jp |
| Teradyne Inc | View profile | 6500 | 600 Riverpark Drive, North Reading, MA, United States, 01864 | https://www.teradyne.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Fortive Corp | View profile | 18000 | 6920 Seaway Boulevard, Everett, WA, United States, 98203 | https://www.fortive.com |
Global modular instruments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modular instruments market will help companies and investors design strategic landscapes.
Pxi and pxie was the largest segment with a revenue share of 48.43% in 2024. Horizon Databook has segmented the Global modular instruments market based on pxi and pxie, benchtop, 19 inch, vxi covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Modular Instruments Platform Outlook (Revenue, USD Million, 2018-2030)
- PXI and PXIE
- Measurement Instruments
- Digitizers/Oscilloscopes
- Digital Multimeters
- Source Measure Units (SMUs)
- High Current SMUs
- High Voltage SMUs
- High Power/Precision SMUs
- Signal Generation Instruments
- Arbitrary Waveform Generators (AWGs)
- Signal Generators
- Other PXI and PXIE Instruments
- Switching Modules
- Data Acquisition (DAQ) Modules
- Relay Modules
- Power Supplies
- PXI and PXIE Chassis
- Slot Count
- Power Configuration
- Measurement Instruments
- Benchtop
- 19 Inch
- VXI
- PXI and PXIE
- Global Modular Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Direct Distribution
- Indirect Distribution
- Other Distribution Channel
- Global Modular Instruments End Use Outlook (Revenue, USD Million, 2018-2030)
- Telecommunications
- Aerospace & Defense
- Automotive
- OEMs
- Suppliers & Integrators
- Other Automotive
- Transportation
- Electronics
- Consumer Electronics
- Commercial Electronics
- Semiconductor
- Other End Use
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Target buyers of Global modular instruments market databook
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Our clientele includes a mix of modular instruments market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global modular instruments market , including forecasts for subscribers. This global databook contains high-level insights into Global modular instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global modular instruments market size, by regions, 2018-2030 (US$M)
Top 10 countries: Modular instruments market size, 2024 (US$M)
Global modular instruments market share, by platform, 2024 & 2030 (%, US$M)
Modular instruments market: Opportunity assessment by country
Global modular instruments market, by region, 2024 (US$M)
Related statistics
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