Europe Modular Instruments Market Size, Share & Trends Analysis Report By Application, By Platform (PXI, AXIe, and VXI), By End Use, By Country and Growth Forecast, 2024 - 2031

The Europe Modular Instruments Market would witness market growth of 8.8% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Modular Instruments Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $270 million by 2031. The UK market is exhibiting a CAGR of 7.9% during (2024 - 2031). Additionally, The France market experience a CAGR of 9.9% during (2024 - 2031).

One of the most significant advantages of modular instruments is their scalability and flexibility. Unlike traditional standalone test equipment, modular instruments allow users to add, replace, or upgrade specific test modules based on their testing needs. This adaptability makes them cost-effective, as industries do not have to invest in new hardware when testing requirements change.

Additionally, they can modify or enhance their modular setups, ensuring their test infrastructure remains future-proof. Industries dealing with rapid technological advancements, such as semiconductor manufacturing and wireless communication, benefit significantly from this approach, enabling them to easily test multiple device configurations, high-frequency signals, and complex communication protocols.

Advancements in automotive innovation, aerospace technology, and industrial automation primarily drive the Europe segment. Countries like Germany, France, and the UK are at the forefront of EV development, next-generation automotive electronics, and AI-powered industrial robotics, all of which require modular instruments for high-precision measurement and testing. The region’s strong regulatory standards and focus on sustainable energy solutions have increased the demand for automated testing in power electronics, renewable energy systems, and smart grid infrastructure. Additionally, Europe’s defense and space research programs, including collaborations with the European Space Agency (ESA), continue to drive investments in high-frequency, real-time signal processing instruments.

Free Valuable Insights: The Global Modular Instruments Market will Hit USD 4.38 Billion by 2031, at a CAGR of 9.2%

Based on Application, the market is segmented into Research & Development and Manufacturing & Installation. Based on Platform, the market is segmented into PXI, AXIe, and VXI. Based on End Use, the market is segmented into Telecommunications, Aerospace & Defense, Automotive & Transportation, Electronics & Semiconductor, and Other End Use.  Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Keysight Technologies, Inc.
• Emerson Electric Co.
• Fortive Corporation (Fluke Corporation)
• Viavi Solutions, Inc.
• Astronics Corporation
• Teledyne Technologies Incorporated
• Rohde & Schwarz GmbH & Co. KG
• Ametek, Inc.
• Teradyne, Inc.
• Pickering Interfaces Limited

Europe Modular Instruments Market Report Segmentation

By Application

• Research & Development
• Manufacturing & Installation

By Platform

• PXI
• AXIe
• VXI

By End Use

• Telecommunications
• Aerospace & Defense
• Automotive & Transportation
• Electronics & Semiconductor
• Other End Use

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Modular Instruments Market, by Application
1.4.2 Europe Modular Instruments Market, by Platform
1.4.3 Europe Modular Instruments Market, by End Use
1.4.4 Europe Modular Instruments Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Oct – 2024, Oct) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. Europe Modular Instruments Market by Application
5.1 Europe Research & Development Market by Country
5.2 Europe Manufacturing & Installation Market by Country

Chapter 6. Europe Modular Instruments Market by Platform
6.1 Europe PXI Market by Country
6.2 Europe AXIe Market by Country
6.3 Europe VXI Market by Country

Chapter 7. Europe Modular Instruments Market by End Use
7.1 Europe Telecommunications Market by Country
7.2 Europe Aerospace & Defense Market by Country
7.3 Europe Automotive & Transportation Market by Country
7.4 Europe Electronics & Semiconductor Market by Country
7.5 Europe Other End Use Market by Country

Chapter 8. Europe Modular Instruments Market by Country
8.1 Germany Modular Instruments Market
8.1.1 Germany Modular Instruments Market by Application
8.1.2 Germany Modular Instruments Market by Platform
8.1.3 Germany Modular Instruments Market by End Use
8.2 UK Modular Instruments Market
8.2.1 UK Modular Instruments Market by Application
8.2.2 UK Modular Instruments Market by Platform
8.2.3 UK Modular Instruments Market by End Use
8.3 France Modular Instruments Market
8.3.1 France Modular Instruments Market by Application
8.3.2 France Modular Instruments Market by Platform
8.3.3 France Modular Instruments Market by End Use
8.4 Russia Modular Instruments Market
8.4.1 Russia Modular Instruments Market by Application
8.4.2 Russia Modular Instruments Market by Platform
8.4.3 Russia Modular Instruments Market by End Use
8.5 Spain Modular Instruments Market
8.5.1 Spain Modular Instruments Market by Application
8.5.2 Spain Modular Instruments Market by Platform
8.5.3 Spain Modular Instruments Market by End Use
8.6 Italy Modular Instruments Market
8.6.1 Italy Modular Instruments Market by Application
8.6.2 Italy Modular Instruments Market by Platform
8.6.3 Italy Modular Instruments Market by End Use
8.7 Rest of Europe Modular Instruments Market
8.7.1 Rest of Europe Modular Instruments Market by Application
8.7.2 Rest of Europe Modular Instruments Market by Platform
8.7.3 Rest of Europe Modular Instruments Market by End Use

Chapter 9. Company Profiles
9.1 Keysight Technologies, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Emerson Electric Co.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Fortive Corporation (Fluke Corporation)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Viavi Solutions, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Astronics Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.6 Teledyne Technologies Incorporated
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Rohde & Schwarz GmbH & Co. KG
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.7.3 SWOT Analysis
9.8 Ametek, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Teradyne, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 SWOT Analysis
9.10. Pickering Interfaces Limited
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:

TABLE 1 Europe Modular Instruments Market, 2020 - 2023, USD Million
TABLE 2 Europe Modular Instruments Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Modular Instruments Market
TABLE 4 Product Launches And Product Expansions– Modular Instruments Market
TABLE 5 Acquisition and Mergers– Modular Instruments Market
TABLE 6 Europe Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 7 Europe Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 8 Europe Research & Development Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Research & Development Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe Manufacturing & Installation Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe Manufacturing & Installation Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 13 Europe Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 14 Europe PXI Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe PXI Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe AXIe Market by Country, 2020 - 2023, USD Million
TABLE 17 Europe AXIe Market by Country, 2024 - 2031, USD Million
TABLE 18 Europe VXI Market by Country, 2020 - 2023, USD Million
TABLE 19 Europe VXI Market by Country, 2024 - 2031, USD Million
TABLE 20 Europe Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 21 Europe Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 22 Europe Telecommunications Market by Country, 2020 - 2023, USD Million
TABLE 23 Europe Telecommunications Market by Country, 2024 - 2031, USD Million
TABLE 24 Europe Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Automotive & Transportation Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Automotive & Transportation Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Electronics & Semiconductor Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Electronics & Semiconductor Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Other End Use Market by Country, 2020 - 2023, USD Million
TABLE 31 Europe Other End Use Market by Country, 2024 - 2031, USD Million
TABLE 32 Europe Modular Instruments Market by Country, 2020 - 2023, USD Million
TABLE 33 Europe Modular Instruments Market by Country, 2024 - 2031, USD Million
TABLE 34 Germany Modular Instruments Market, 2020 - 2023, USD Million
TABLE 35 Germany Modular Instruments Market, 2024 - 2031, USD Million
TABLE 36 Germany Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 37 Germany Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 38 Germany Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 39 Germany Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 40 Germany Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 41 Germany Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 42 UK Modular Instruments Market, 2020 - 2023, USD Million
TABLE 43 UK Modular Instruments Market, 2024 - 2031, USD Million
TABLE 44 UK Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 45 UK Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 46 UK Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 47 UK Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 48 UK Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 49 UK Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 50 France Modular Instruments Market, 2020 - 2023, USD Million
TABLE 51 France Modular Instruments Market, 2024 - 2031, USD Million
TABLE 52 France Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 53 France Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 54 France Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 55 France Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 56 France Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 57 France Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 58 Russia Modular Instruments Market, 2020 - 2023, USD Million
TABLE 59 Russia Modular Instruments Market, 2024 - 2031, USD Million
TABLE 60 Russia Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 61 Russia Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 62 Russia Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 63 Russia Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 64 Russia Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 65 Russia Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 66 Spain Modular Instruments Market, 2020 - 2023, USD Million
TABLE 67 Spain Modular Instruments Market, 2024 - 2031, USD Million
TABLE 68 Spain Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 69 Spain Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 70 Spain Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 71 Spain Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 72 Spain Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 73 Spain Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 74 Italy Modular Instruments Market, 2020 - 2023, USD Million
TABLE 75 Italy Modular Instruments Market, 2024 - 2031, USD Million
TABLE 76 Italy Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 77 Italy Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 78 Italy Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 79 Italy Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 80 Italy Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 81 Italy Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 82 Rest of Europe Modular Instruments Market, 2020 - 2023, USD Million
TABLE 83 Rest of Europe Modular Instruments Market, 2024 - 2031, USD Million
TABLE 84 Rest of Europe Modular Instruments Market by Application, 2020 - 2023, USD Million
TABLE 85 Rest of Europe Modular Instruments Market by Application, 2024 - 2031, USD Million
TABLE 86 Rest of Europe Modular Instruments Market by Platform, 2020 - 2023, USD Million
TABLE 87 Rest of Europe Modular Instruments Market by Platform, 2024 - 2031, USD Million
TABLE 88 Rest of Europe Modular Instruments Market by End Use, 2020 - 2023, USD Million
TABLE 89 Rest of Europe Modular Instruments Market by End Use, 2024 - 2031, USD Million
TABLE 90 Key Information – Keysight Technologies, Inc.
TABLE 91 Key Information – Emerson Electric Co.
TABLE 92 Key Information –fortive corporation
TABLE 93 Key Information – Viavi Solutions, Inc.
TABLE 94 Key Information – Astronics Corporation
TABLE 95 Key Information – Teledyne Technologies Incorporated
TABLE 96 Key Information – Rohde & Schwarz GmbH & Co. KG
TABLE 97 Key Information – Ametek, Inc.
TABLE 98 Key Information – Teradyne, Inc.
TABLE 99 Key Information – Pickering Interfaces Limited

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Modular Instruments Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Modular Instruments Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2021, Oct – 2024, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – Modular instruments market
FIG 9 Europe Modular Instruments Market share by Application, 2023
FIG 10 Europe Modular Instruments Market share by Application, 2031
FIG 11 Europe Modular Instruments Market by Application, 2020 - 2031, USD Million
FIG 12 Europe Modular Instruments Market share by Platform, 2023
FIG 13 Europe Modular Instruments Market share by Platform, 2031
FIG 14 Europe Modular Instruments Market by Platform, 2020 - 2031, USD Million
FIG 15 Europe Modular Instruments Market share by End Use, 2023
FIG 16 Europe Modular Instruments Market share by End Use, 2031
FIG 17 Europe Modular Instruments Market by End Use, 2020 - 2031, USD Million
FIG 18 Europe Modular Instruments Market share by Country, 2023
FIG 19 Europe Modular Instruments Market share by Country, 2031
FIG 20 Europe Modular Instruments Market by Country, 2020 - 2031, USD Million
FIG 21 SWOT Analysis: Keysight Technologies, Inc.
FIG 22 Swot Analysis: EMERSON ELECTRIC CO.
FIG 23 Recent strategies and developments: Fortive Corporation
FIG 24 SWOT Analysis: Fortive Corporation
FIG 25 Recent strategies and developments: Viavi Solutions, Inc.
FIG 26 SWOT Analysis: Viavi Solutions, Inc.
FIG 27 Recent strategies and developments: Rohde & Schwarz GmbH & Co. KG
FIG 28 SWOT Analysis: Rohde & Schwarz GmbH & Co. KG
FIG 29 Recent strategies and developments: Ametek, Inc.
FIG 30 SWOT Analysis: Ametek, Inc.
FIG 31 SWOT Analysis: Teradyne, Inc.