Mexico Modular Instruments Market Size & Outlook

The modular instruments market in Mexico is expected to reach a projected revenue of US$ 262.2 million by 2030. A compound annual growth rate of 10.4% is expected of Mexico modular instruments market from 2025 to 2030.
Revenue, 2024 (US$M)
$146.8
Forecast, 2030 (US$M)
$262.2
CAGR, 2025 - 2030
10.4%
Report Coverage
Mexico

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Mexico modular instruments market, 2018-2030 (US$M)

Mexico modular instruments market, 2018-2030 (US$M)

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Mexico modular instruments market highlights

  • The Mexico modular instruments market generated a revenue of USD 146.8 million in 2024 and is expected to reach USD 262.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 10.4% from 2025 to 2030.
  • In terms of segment, pxi and pxie was the largest revenue generating platform in 2024.
  • PXI and PXIE is the most lucrative platform segment registering the fastest growth during the forecast period.


Modular instruments market data book summary

Market revenue in 2024USD 146.8 million
Market revenue in 2030USD 262.2 million
Growth rate10.4% (CAGR from 2025 to 2030)
Largest segmentPxi and pxie
Fastest growing segmentPXI and PXIE
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPXI and PXIE, Benchtop, 19 Inch, VXI


Other key industry trends

  • In terms of revenue, Mexico accounted for 4.1% of the global modular instruments market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. modular instruments market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 262.2 million by 2030.

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Modular Instruments Market Companies

Name Profile # Employees HQ Website
Rohde & Schwarz View profile 10001+ Munich, Bayern, Germany, Europe http://www.rohde-schwarz.com/
Viavi Solutions Inc View profile 3600 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, United States, 85286 https://www.viavisolutions.com
Yokogawa Electric Corp View profile 19030 2-9-32 Nakacho, Musashino-shi, Tokyo, Japan, 180-8750 http://www.yokogawa.com
Delta Electronics Inc DR View profile 68000 No. 186, Ruey Kuang Road, Neihu District, Taipei, Taiwan, 11491 https://www.deltaww.com
Teledyne Technologies Inc View profile 14900 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 https://www.teledyne.com
AMETEK Inc View profile 21500 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 https://www.ametek.com
Astronics Corp View profile 2640 130 Commerce Way, East Aurora, NY, United States, 14052 https://www.astronics.com
Advantest Corp View profile 7092 1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, Japan, 100-0005 http://www.advantest.co.jp
Teradyne Inc View profile 6500 600 Riverpark Drive, North Reading, MA, United States, 01864 https://www.teradyne.com
Keysight Technologies Inc View profile 14900 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 https://www.keysight.com
Agilent Technologies Inc View profile 17700 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 https://www.agilent.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Fortive Corp View profile 18000 6920 Seaway Boulevard, Everett, WA, United States, 98203 https://www.fortive.com

Mexico modular instruments market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modular instruments market will help companies and investors design strategic landscapes.


Pxi and pxie was the largest segment with a revenue share of 49.32% in 2024. Horizon Databook has segmented the Mexico modular instruments market based on pxi and pxie, benchtop, 19 inch, vxi covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico modular instruments market databook

  • Our clientele includes a mix of modular instruments market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico modular instruments market , including forecasts for subscribers. This country databook contains high-level insights into Mexico modular instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico modular instruments market size, by platform, 2018-2030 (US$M)

Mexico Modular Instruments Market Outlook Share, 2024 & 2030 (US$M)

Mexico modular instruments market size, by platform, 2018-2030 (US$M)

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