Lucintel Forecasts The Modular Instrument Market In United States To Reach $3 Billion By 2031

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According to a market report by Lucintel, the future of the modular instrument market in United States looks promising with opportunities in the semiconductor and electronic, telecommunication, defense and aerospace, and automotive and transportation markets. The modular instrument market in United States is expected to reach an estimated $3 billion by 2031 with a CAGR of 5.5% from 2025 to 2031. The major drivers for this market are the growing number of IOT devices and ongoing developments in the 4G and 5G infrastructure in developing countries.
A more than 150-page report to understand trends, opportunity and forecast in modular instrument market in United States to 2031 by platform type (PXI, AXIe, and VXI), and application (semiconductor and electronics, telecommunication, defense and aerospace, and automotive and transportation).
Download sample by clicking on modular instrument market in United States.
Lucintel forecasts that, within the platform type category, PXI will remain the largest segment over the forecast period as it is considered a high-performance, scalable, and flexible platform for test ...
... and measurement applications.
Within the application category, semiconductors and electronics will remain the largest segment due to the rapid penetration of the Internet of Things, 5G, virtual reality, and artificial intelligence (AI).
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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