Modular Instruments Market Share

Market Share of Modular Instruments Industry

The modular instruments market is highly competitive and consists of a few major players, such as Keysight Technologies Inc., National Instruments Corporation, Viavi Solutions Inc., Fortive Corporation, Astronics Corporation, and Teledyne LeCroy Inc. In terms of market share, few of the major players currently dominate the market. These major players, with a prominent share in the market, are focusing on expanding their customer base across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market share and profitability.

• March 2020 - Viavi Solutions Inc. launched a complete portfolio of test and measurement solutions to accelerate high-speed network test across all phases of the product lifecycle from product design, validation, and manufacturing, to fiber-optic monitoring and inspection. One of them is VIAVI ONT 800G FLEX DCO Module, fully integrated test pluggable digital coherent module development, validation, and integration of 400G CFP2-DCO and 400GE QSFP-DD transponders, including 400ZR.
• January 2020 - Teledyne Technologies Incorporated acquired OakGate Technology. OakGate provides software and hardware designed to test electronic data storage devices from development through manufacturing and end-use applications. As both companies serve the semiconductor, data center, and consumer electronics industries, this acquisition may enable them to provide a complete set of solutions.

Modular Instruments Market Leaders

1. National Instruments Corporation

2. Viavi Solutions Inc.

3. Fortive Corporation

4. Keysight Technologies Inc.

5. AMETEK Inc.

*Disclaimer: Major Players sorted in no particular order