Modular instruments use a frame, into which different types, or a varying number, of functional cards can be plugged. This is so that the instrument can accommodate a range of input/output channels or tailor its measurement capability according to the specific application being addressed. Modular instruments generally use a computer user interface instead of displays and controls embedded in the instrument's frame or package.

Rising demands for modular and flexible instruments coupled with high demands for modular instruments in the aerospace & defense sector are expected to be one of the prime driving factors for the modular instruments market. Increasing leasing and rental business models is one factor that would hinder the future growth of the modular instruments market. The rapid rise in the usage of IoT based devices is anticipated to create further opportunities for the players operating in the modular instruments market.

The "Global Modular Instruments Market Analysis to 2028" is a specialized and in-depth study of the modular instruments industry with a focus on the global market trend. The report aims to provide an overview of global modular instruments market with detailed market segmentation by type, industry vertical, and geography. The global modular instruments market is expected to witness steady growth during the forecast period. The report provides key statistics on the market status of the leading market players operating in the modular instruments market and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global modular instruments market based on type, and industry vertical. It also provides market size and forecast till 2028 for overall modular instruments market with respect to four major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 14 countries globally along with current trend and opportunities prevailing in the region for modular instruments market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, Rest of the World after evaluating political, economic, social and technological factors affecting the modular instruments market in these regions.
Also, key Modular instruments market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years. Some of the key players influencing the market are National Instruments, Cobham Plc, Rohde & Schwarz, Keysight Technologies, and Fortive Corporation. Also, Qmax Test Equipments, Yokogawa Electric Corporation, JDS Uniphase, Fastech Telecommunications, and TEKTRONIX are few other important players in the modular instruments market.