DUBLIN, Dec 14, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Modular Instruments Market 2016-2020" report to their offering.
The global modular instruments market to grow at a CAGR of 8.36% during the period 2016-2020.
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.
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.
- Keysight Technologies
- National Instruments
- Rohde & Schwarz
Other prominent vendors
- Aplab Limited
- Fastech Telecommunications
- JDS Uniphase
- Qmax Test Equipments
- Premier Measurement Solution
- Scientech Technologies
- SPX TEKTRONIX
- Yokogawa Electric
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/vkpk56/global_modular
Laura Wood, Senior Manager
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SOURCE Research and Markets