Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Modular Instruments Research Report 2026: $4.65+ Bn Market Opportunities, Trends, Competitive Analysis, Strategies, Forecasts, 2020-2025, 2025-2030F, 2035F

globenewswire.com
KEYS Keysight Technologies Inc. is mentioned as a major player in the modular instruments market, which is experiencing significant growth. The article does not provide specific sentiment towards Keysight itself, but its inclusion as a key player in a growing market suggests a neutral to positive outlook. EMR Emerson Electric Co. is mentioned for its acquisition of National Instruments Corporation, aiming to enhance its automated testing capabilities. This positions Emerson as a strategic player in the growing modular instruments market. FTV Fortive Corporation is listed as a major player in the modular instruments market. The article does not provide specific sentiment towards Fortive, but its inclusion as a key competitor in a growing market suggests a neutral outlook. ADNT Advantest Corporation is mentioned as a major player in the modular instruments market. The article does not provide specific sentiment towards Advantest, but its inclusion as a key competitor in a growing market suggests a neutral outlook.

Dublin, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The "Modular Instruments Market Report 2026" has been added to ResearchAndMarkets.com's offering.

The modular instruments market has experienced significant growth, with a notable expansion trajectory anticipated in the coming years. From $2.83 billion in 2025, the market is projected to reach $3.13 billion in 2026, reflecting a 10.8% CAGR. This growth is driven by a rise in demand for flexible test systems, automated testing, advancements in PXI and VXI platforms, and an uptake in electronics and semiconductor manufacturing.

Looking ahead, the market is expected to further escalate to $4.66 billion by 2030 at a 10.5% CAGR. Key factors fueling this growth include the expansion of aerospace and defense testing, the proliferation of 5G and telecommunications infrastructure, increased adoption of automotive electronics testing, and developments in real-time, high-bandwidth measurement solutions. Emerging trends include modular and scalable test system design, high-speed signal measurement, automation, and compact instrumentation.

The increasing adoption of the Internet of Things (IoT) significantly contributes to the market's growth, facilitating smarter decision-making and productivity enhancements across sectors such as healthcare, transportation, and smart homes. According to IoT Analytics GmbH, the number of connected IoT devices is expected to reach 40 billion by 2030, up from 16.6 billion in 2023, supporting the demand for modular instruments.

Leading market players are focusing on technological innovations to enhance testing capabilities. For instance, Pickering Interfaces launched high-speed PXI/PXIe resolver-simulation modules in April 2025, offering high-fidelity hardware-in-the-loop testing by emulating rotary position sensors with multi-channel capability.

In significant market movements, Emerson Electric Co. acquired National Instruments Corporation, aiming to bolster its automated testing capabilities and integrate software-connected modular test platforms across various sectors. This acquisition underscores the strategic importance of modular instruments in industrial automation and testing solutions.

The market landscape includes major players like Keysight Technologies Inc., Rohde & Schwarz GmbH & Co. KG, Fortive Corporation, and Advantest Corporation, among others, with operations expanding globally across regions such as North America, Europe, and Asia-Pacific.

Global trade relations and tariffs impact the market, particularly increasing costs for high-precision electronic components in Asia-Pacific. However, this has also encouraged local manufacturing and innovation, fostering resilience in the supply chain.

Comprehensive market reports deliver detailed insights into industry dynamics, trends, and future opportunities, providing a valuable perspective on the growth trajectory of the modular instruments market.

The modular instruments market encompasses sales of various modules including modular chassis, embedded controllers, and mixed-signal and RF instrument modules. Market values represent the manufacturers' revenues, inclusive of related services, at 'factory gate' values.

The thriving modular instruments market continues to innovate and adapt, reinforcing its significance in global technological and industrial advancements.

The Modular Instruments Market Global Report 2026 delivers vital insights for strategists, marketers, and senior management to navigate the rapid growth characterizing this market. The report forecasts industry trends set to reshape the market landscape over the coming decade and evaluates key dynamics impacting this sector.

Reasons to Purchase:

Market Overview

The report examines the largest and fastest-growing segments of the modular instruments market, including key technological, regulatory, and consumer forces driving sector evolution. It covers market characteristics, size, segmentation, regional dynamics, and competitive landscapes. Additionally, the historical and forecast growth trends are analyzed on a geographical scale.

Scope:

Added Benefits:

Key Attributes:

Key Topics Covered:

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Modular Instruments Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Modular Instruments Market Attractiveness Scoring and Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation (Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment and Risk Profile Evaluation)

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Modular Instruments Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List of Key Raw Materials, Resources & Suppliers

3.3. List of Major Distributors and Channel Partners

3.4. List of Major End Users

4. Global Modular Instruments Market Trends and Strategies

4.1. Key Technologies & Future Trends

4.1.1 Advanced Test & Measurement Technologies

4.1.2 Edge Computing & Real-Time Data Processing

4.1.3 Flexible Manufacturing & Modular Systems

4.1.4 Miniaturization & High-Density Electronics

4.1.5 Predictive Analytics & Intelligent Automation

4.2. Major Trends

4.2.1 Modular and Scalable Test System Design

4.2.2 High-Speed Signal Measurement and Generation

4.2.3 Automated and Remote Test Capabilities

4.2.4 Multi-Functional Plug-in Modules

4.2.5 Compact and Space-Efficient Instrumentation

5. Modular Instruments Market Analysis of End Use Industries

5.1 Research and Development Laboratories

5.2 Electronics and Semiconductor Manufacturers

5.3 Aerospace and Defense Companies

5.4 Automotive Manufacturers

5.5 Telecommunications Companies

6. Modular Instruments Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, and Covid and Recovery on the Market

7. Global Modular Instruments Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis

7.1. Global Modular Instruments PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Modular Instruments Market Size, Comparisons and Growth Rate Analysis

7.3. Global Modular Instruments Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Modular Instruments Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Modular Instruments Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Modular Instruments Market Segmentation

9.1. Global Modular Instruments Market, Segmentation by Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.2. Global Modular Instruments Market, Segmentation by Platform Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.3. Global Modular Instruments Market, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.4. Global Modular Instruments Market, Segmentation by End-User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.5. Global Modular Instruments Market, Sub-Segmentation of Oscilloscopes, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.6. Global Modular Instruments Market, Sub-Segmentation of Signal Generators, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.7. Global Modular Instruments Market, Sub-Segmentation of Spectrum Analyzers, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.8. Global Modular Instruments Market, Sub-Segmentation of Network Analyzers, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

9.9. Global Modular Instruments Market, Sub-Segmentation of Other Product Types, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10. Modular Instruments Market Regional and Country Analysis

10.1. Global Modular Instruments Market, Split by Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Modular Instruments Market, Split by Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Modular Instruments Market

11.1. Asia-Pacific Modular Instruments Market Overview

11.2. Asia-Pacific Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Modular Instruments Market

12.1. China Modular Instruments Market Overview

12.2. China Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Modular Instruments Market

13.1. India Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Modular Instruments Market

14.1. Japan Modular Instruments Market Overview

14.2. Japan Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Modular Instruments Market

15.1. Australia Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Modular Instruments Market

16.1. Indonesia Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Modular Instruments Market

17.1. South Korea Modular Instruments Market Overview

17.2. South Korea Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Modular Instruments Market

18.1. Taiwan Modular Instruments Market Overview

18.2. Taiwan Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Modular Instruments Market

19.1. South East Asia Modular Instruments Market Overview

19.2. South East Asia Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Modular Instruments Market

20.1. Western Europe Modular Instruments Market Overview

20.2. Western Europe Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Modular Instruments Market

21.1. UK Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Modular Instruments Market

22.1. Germany Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Modular Instruments Market

23.1. France Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Modular Instruments Market

24.1. Italy Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Modular Instruments Market

25.1. Spain Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Modular Instruments Market

26.1. Eastern Europe Modular Instruments Market Overview

26.2. Eastern Europe Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Modular Instruments Market

27.1. Russia Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Modular Instruments Market

28.1. North America Modular Instruments Market Overview

28.2. North America Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Modular Instruments Market

29.1. USA Modular Instruments Market Overview

29.2. USA Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Modular Instruments Market

30.1. Canada Modular Instruments Market Overview

30.2. Canada Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Modular Instruments Market

31.1. South America Modular Instruments Market Overview

31.2. South America Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Modular Instruments Market

32.1. Brazil Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Modular Instruments Market

33.1. Middle East Modular Instruments Market Overview

33.2. Middle East Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Modular Instruments Market

34.1. Africa Modular Instruments Market Overview

34.2. Africa Modular Instruments Market, Segmentation by Product Type, Segmentation by Platform Type, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Modular Instruments Market Regulatory and Investment Landscape

36. Modular Instruments Market Competitive Landscape and Company Profiles

36.1. Modular Instruments Market Competitive Landscape and Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Modular Instruments Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Modular Instruments Market Company Profiles

36.3.1. Keysight Technologies Inc. Overview, Products and Services, Strategy and Financial Analysis

36.3.2. National Instruments Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Rohde & Schwarz GmbH & Co. KG Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Fortive Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Advantest Corporation Overview, Products and Services, Strategy and Financial Analysis

37. Modular Instruments Market Other Major and Innovative Companies

38. Global Modular Instruments Market Competitive Benchmarking and Dashboard

39. Key Mergers and Acquisitions in the Modular Instruments Market

40. Modular Instruments Market High Potential Countries, Segments and Strategies

40.1 Modular Instruments Market in 2030 - Countries Offering Most New Opportunities

40.2 Modular Instruments Market in 2030 - Segments Offering Most New Opportunities

40.3 Modular Instruments Market in 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic and Forecast Inflation Rates

41.4. Research Inquiries

41.5. About the Analyst

41.6. Copyright and Disclaimer

Companies Featured

The companies featured in this Modular Instruments market report include:

For more information about this report visit https://www.researchandmarkets.com/r/ydjvzn

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment