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Global Virtual Instrument Market Research Report 2025
Published Date: March 2025
|
Report Code: QYRE-Auto-21S12483
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Global Virtual Instrument Market Research Report 2022
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Global Virtual Instrument Market Research Report 2025

Code: QYRE-Auto-21S12483
Report
March 2025
Pages:66
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Link
National Instruments
HP
TEKTRONIX
HEM Data

Virtual Instrument Market

The global market for Virtual Instrument was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Utilize high-performance modular hardware, combined with efficient and flexible software to complete a variety of test, measurement and automation applications
North American market for Virtual Instrument is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Virtual Instrument is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Virtual Instrument in Automatic Control is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Virtual Instrument include LINK, National Instruments, HP, Tektronix, HEM Data, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Virtual Instrument, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Virtual Instrument.
The Virtual Instrument market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Virtual Instrument market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Virtual Instrument companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Virtual Instrument Market Report

Report Metric Details
Report Name Virtual Instrument Market
Segment by Type
  • Virtual Instrument Modular Hardware
  • Virtual Instrument Software
Segment by Application
  • Automatic Control
  • Industrial Control
  • Other
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company LINK, National Instruments, HP, Tektronix, HEM Data
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Virtual Instrument company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the Virtual Instrument Market report?

Ans: The main players in the Virtual Instrument Market are LINK, National Instruments, HP, Tektronix, HEM Data

What are the Application segmentation covered in the Virtual Instrument Market report?

Ans: The Applications covered in the Virtual Instrument Market report are Automatic Control, Industrial Control, Other

What are the Type segmentation covered in the Virtual Instrument Market report?

Ans: The Types covered in the Virtual Instrument Market report are Virtual Instrument Modular Hardware, Virtual Instrument Software

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Virtual Instrument Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Virtual Instrument Modular Hardware
1.2.3 Virtual Instrument Software
1.3 Market by Application
1.3.1 Global Virtual Instrument Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Automatic Control
1.3.3 Industrial Control
1.3.4 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Virtual Instrument Market Perspective (2020-2031)
2.2 Global Virtual Instrument Growth Trends by Region
2.2.1 Global Virtual Instrument Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Virtual Instrument Historic Market Size by Region (2020-2025)
2.2.3 Virtual Instrument Forecasted Market Size by Region (2026-2031)
2.3 Virtual Instrument Market Dynamics
2.3.1 Virtual Instrument Industry Trends
2.3.2 Virtual Instrument Market Drivers
2.3.3 Virtual Instrument Market Challenges
2.3.4 Virtual Instrument Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Virtual Instrument Players by Revenue
3.1.1 Global Top Virtual Instrument Players by Revenue (2020-2025)
3.1.2 Global Virtual Instrument Revenue Market Share by Players (2020-2025)
3.2 Global Virtual Instrument Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Virtual Instrument Revenue
3.4 Global Virtual Instrument Market Concentration Ratio
3.4.1 Global Virtual Instrument Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Virtual Instrument Revenue in 2024
3.5 Global Key Players of Virtual Instrument Head office and Area Served
3.6 Global Key Players of Virtual Instrument, Product and Application
3.7 Global Key Players of Virtual Instrument, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Virtual Instrument Breakdown Data by Type
4.1 Global Virtual Instrument Historic Market Size by Type (2020-2025)
4.2 Global Virtual Instrument Forecasted Market Size by Type (2026-2031)
5 Virtual Instrument Breakdown Data by Application
5.1 Global Virtual Instrument Historic Market Size by Application (2020-2025)
5.2 Global Virtual Instrument Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Virtual Instrument Market Size (2020-2031)
6.2 North America Virtual Instrument Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Virtual Instrument Market Size by Country (2020-2025)
6.4 North America Virtual Instrument Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Virtual Instrument Market Size (2020-2031)
7.2 Europe Virtual Instrument Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Virtual Instrument Market Size by Country (2020-2025)
7.4 Europe Virtual Instrument Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Virtual Instrument Market Size (2020-2031)
8.2 Asia-Pacific Virtual Instrument Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Virtual Instrument Market Size by Region (2020-2025)
8.4 Asia-Pacific Virtual Instrument Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Virtual Instrument Market Size (2020-2031)
9.2 Latin America Virtual Instrument Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Virtual Instrument Market Size by Country (2020-2025)
9.4 Latin America Virtual Instrument Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Virtual Instrument Market Size (2020-2031)
10.2 Middle East & Africa Virtual Instrument Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Virtual Instrument Market Size by Country (2020-2025)
10.4 Middle East & Africa Virtual Instrument Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 LINK
11.1.1 LINK Company Details
11.1.2 LINK Business Overview
11.1.3 LINK Virtual Instrument Introduction
11.1.4 LINK Revenue in Virtual Instrument Business (2020-2025)
11.1.5 LINK Recent Development
11.2 National Instruments
11.2.1 National Instruments Company Details
11.2.2 National Instruments Business Overview
11.2.3 National Instruments Virtual Instrument Introduction
11.2.4 National Instruments Revenue in Virtual Instrument Business (2020-2025)
11.2.5 National Instruments Recent Development
11.3 HP
11.3.1 HP Company Details
11.3.2 HP Business Overview
11.3.3 HP Virtual Instrument Introduction
11.3.4 HP Revenue in Virtual Instrument Business (2020-2025)
11.3.5 HP Recent Development
11.4 Tektronix
11.4.1 Tektronix Company Details
11.4.2 Tektronix Business Overview
11.4.3 Tektronix Virtual Instrument Introduction
11.4.4 Tektronix Revenue in Virtual Instrument Business (2020-2025)
11.4.5 Tektronix Recent Development
11.5 HEM Data
11.5.1 HEM Data Company Details
11.5.2 HEM Data Business Overview
11.5.3 HEM Data Virtual Instrument Introduction
11.5.4 HEM Data Revenue in Virtual Instrument Business (2020-2025)
11.5.5 HEM Data Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
FEATURED COMPANIES
Link
National Instruments
HP
TEKTRONIX
HEM Data
List of Tables
 Table 1. Global Virtual Instrument Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Virtual Instrument Modular Hardware
 Table 3. Key Players of Virtual Instrument Software
 Table 4. Global Virtual Instrument Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 5. Global Virtual Instrument Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Virtual Instrument Market Size by Region (2020-2025) & (US$ Million)
 Table 7. Global Virtual Instrument Market Share by Region (2020-2025)
 Table 8. Global Virtual Instrument Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 9. Global Virtual Instrument Market Share by Region (2026-2031)
 Table 10. Virtual Instrument Market Trends
 Table 11. Virtual Instrument Market Drivers
 Table 12. Virtual Instrument Market Challenges
 Table 13. Virtual Instrument Market Restraints
 Table 14. Global Virtual Instrument Revenue by Players (2020-2025) & (US$ Million)
 Table 15. Global Virtual Instrument Market Share by Players (2020-2025)
 Table 16. Global Top Virtual Instrument Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Virtual Instrument as of 2024)
 Table 17. Ranking of Global Top Virtual Instrument Companies by Revenue (US$ Million) in 2024
 Table 18. Global 5 Largest Players Market Share by Virtual Instrument Revenue (CR5 and HHI) & (2020-2025)
 Table 19. Global Key Players of Virtual Instrument, Headquarters and Area Served
 Table 20. Global Key Players of Virtual Instrument, Product and Application
 Table 21. Global Key Players of Virtual Instrument, Date of Enter into This Industry
 Table 22. Mergers & Acquisitions, Expansion Plans
 Table 23. Global Virtual Instrument Market Size by Type (2020-2025) & (US$ Million)
 Table 24. Global Virtual Instrument Revenue Market Share by Type (2020-2025)
 Table 25. Global Virtual Instrument Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 26. Global Virtual Instrument Revenue Market Share by Type (2026-2031)
 Table 27. Global Virtual Instrument Market Size by Application (2020-2025) & (US$ Million)
 Table 28. Global Virtual Instrument Revenue Market Share by Application (2020-2025)
 Table 29. Global Virtual Instrument Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 30. Global Virtual Instrument Revenue Market Share by Application (2026-2031)
 Table 31. North America Virtual Instrument Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 32. North America Virtual Instrument Market Size by Country (2020-2025) & (US$ Million)
 Table 33. North America Virtual Instrument Market Size by Country (2026-2031) & (US$ Million)
 Table 34. Europe Virtual Instrument Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 35. Europe Virtual Instrument Market Size by Country (2020-2025) & (US$ Million)
 Table 36. Europe Virtual Instrument Market Size by Country (2026-2031) & (US$ Million)
 Table 37. Asia-Pacific Virtual Instrument Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 38. Asia-Pacific Virtual Instrument Market Size by Region (2020-2025) & (US$ Million)
 Table 39. Asia-Pacific Virtual Instrument Market Size by Region (2026-2031) & (US$ Million)
 Table 40. Latin America Virtual Instrument Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 41. Latin America Virtual Instrument Market Size by Country (2020-2025) & (US$ Million)
 Table 42. Latin America Virtual Instrument Market Size by Country (2026-2031) & (US$ Million)
 Table 43. Middle East & Africa Virtual Instrument Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 44. Middle East & Africa Virtual Instrument Market Size by Country (2020-2025) & (US$ Million)
 Table 45. Middle East & Africa Virtual Instrument Market Size by Country (2026-2031) & (US$ Million)
 Table 46. LINK Company Details
 Table 47. LINK Business Overview
 Table 48. LINK Virtual Instrument Product
 Table 49. LINK Revenue in Virtual Instrument Business (2020-2025) & (US$ Million)
 Table 50. LINK Recent Development
 Table 51. National Instruments Company Details
 Table 52. National Instruments Business Overview
 Table 53. National Instruments Virtual Instrument Product
 Table 54. National Instruments Revenue in Virtual Instrument Business (2020-2025) & (US$ Million)
 Table 55. National Instruments Recent Development
 Table 56. HP Company Details
 Table 57. HP Business Overview
 Table 58. HP Virtual Instrument Product
 Table 59. HP Revenue in Virtual Instrument Business (2020-2025) & (US$ Million)
 Table 60. HP Recent Development
 Table 61. Tektronix Company Details
 Table 62. Tektronix Business Overview
 Table 63. Tektronix Virtual Instrument Product
 Table 64. Tektronix Revenue in Virtual Instrument Business (2020-2025) & (US$ Million)
 Table 65. Tektronix Recent Development
 Table 66. HEM Data Company Details
 Table 67. HEM Data Business Overview
 Table 68. HEM Data Virtual Instrument Product
 Table 69. HEM Data Revenue in Virtual Instrument Business (2020-2025) & (US$ Million)
 Table 70. HEM Data Recent Development
 Table 71. Research Programs/Design for This Report
 Table 72. Key Data Information from Secondary Sources
 Table 73. Key Data Information from Primary Sources
 Table 74. Authors List of This Report


List of Figures
 Figure 1. Virtual Instrument Picture
 Figure 2. Global Virtual Instrument Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Virtual Instrument Market Share by Type: 2024 VS 2031
 Figure 4. Virtual Instrument Modular Hardware Features
 Figure 5. Virtual Instrument Software Features
 Figure 6. Global Virtual Instrument Market Size by Application (2020-2031) & (US$ Million)
 Figure 7. Global Virtual Instrument Market Share by Application: 2024 VS 2031
 Figure 8. Automatic Control Case Studies
 Figure 9. Industrial Control Case Studies
 Figure 10. Other Case Studies
 Figure 11. Virtual Instrument Report Years Considered
 Figure 12. Global Virtual Instrument Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 13. Global Virtual Instrument Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Virtual Instrument Market Share by Region: 2024 VS 2031
 Figure 15. Global Virtual Instrument Market Share by Players in 2024
 Figure 16. Global Top Virtual Instrument Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Virtual Instrument as of 2024)
 Figure 17. The Top 10 and 5 Players Market Share by Virtual Instrument Revenue in 2024
 Figure 18. North America Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 19. North America Virtual Instrument Market Share by Country (2020-2031)
 Figure 20. United States Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 21. Canada Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. Europe Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Europe Virtual Instrument Market Share by Country (2020-2031)
 Figure 24. Germany Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. France Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. U.K. Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. Italy Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Russia Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Nordic Countries Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Asia-Pacific Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Asia-Pacific Virtual Instrument Market Share by Region (2020-2031)
 Figure 32. China Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Japan Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. South Korea Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Southeast Asia Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. India Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Australia Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Latin America Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Latin America Virtual Instrument Market Share by Country (2020-2031)
 Figure 40. Mexico Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Brazil Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Middle East & Africa Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Middle East & Africa Virtual Instrument Market Share by Country (2020-2031)
 Figure 44. Turkey Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Saudi Arabia Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. UAE Virtual Instrument Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. LINK Revenue Growth Rate in Virtual Instrument Business (2020-2025)
 Figure 48. National Instruments Revenue Growth Rate in Virtual Instrument Business (2020-2025)
 Figure 49. HP Revenue Growth Rate in Virtual Instrument Business (2020-2025)
 Figure 50. Tektronix Revenue Growth Rate in Virtual Instrument Business (2020-2025)
 Figure 51. HEM Data Revenue Growth Rate in Virtual Instrument Business (2020-2025)
 Figure 52. Bottom-up and Top-down Approaches for This Report
 Figure 53. Data Triangulation
 Figure 54. Key Executives Interviewed
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