Market Overview:
The global PXI market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for high measurement speed, small footprint, and low power consumption PXI modules across different applications. Additionally, the growing demand for wireless communication and aerospace & defense applications is also propelling the growth of the global PXI market. However, factors such as lack of awareness about PXI technology and its benefits may restrain the growth of this market during the forecast period. On basis on type, high measurement speed segment is projected to account for major share in terms revenue in 2018 and it will continue its dominance throughout forecast period owing to rising need for faster data acquisition in various application areas such as wireless communication systems, medical devices etcetera .
Product Definition:
PXI is a modular instrumentation platform that enables test, measurement and control applications. PXI standardizes the form factor, electrical and mechanical specifications, and software environment of instruments. This allows users to mix-and-match modules from different vendors to create custom instrumentation platforms for their specific application needs.
High Measurement Speed:
High measurement speed is a term used to define the highest attainable frequency. It has been observed that high measurement speed helps in reducing process time and costs, which makes it preferable for use in PXI systems. The growth factor of this technology is its ability to measure even the shortest durations with great accuracy, which has led to increased demand from manufacturing industries across different industry verticals such as automotive & transportation, aerospace & defense and electronics among others.
Small Footprint:
Small Footprint is a new feature in PXI that allows the user to deploy virtual machines on physical servers. It reduces costs and increases flexibility for customers by allowing them to run their applications and workloads on-demand, thereby providing greater cost efficiency.
Small footprint also provides greater resource utilization transparency as it includes a detailed breakdown of resource utilization including memory, processor time, storage etc., which further enables organizations to manage costs more efficiently.
Application Insights:
The global PXI market has been segmented on the basis of application into wireless communication, aerospace, defense, consumer electronics and others. The wireless communication segment dominated the overall industry in terms of revenue share in 2017. Factors such as increasing demand for smartphones and tablets coupled with growing data traffic are expected to drive the product demand over the forecast period.
The consumer electronics application is anticipated to witness a CAGR exceeding 10% from 2018 to 2030 owing to rising adoption of advanced technology products across developing countries such as China India and Brazil. Furthermore, low power consumption allows portable measurement devices that can be used throughout a patient¢â‚¬â„¢s stay at an emergency room without requiring any additional batteries or power sources which further boosts its adoption rate among other applications including healthcare monitoring systems which is likely to support growth over next eight years.
Regional Analysis:
North America PXI market is expected to witness significant growth over the forecast period owing to the presence of major electronic component manufacturers in U.S. and Canada, which has resulted in high adoption of digital technologies across various applications such as industrial, consumer electronics, automotive and others. The region accounted for more than 35% revenue share in 2017 owing to increasing demand from measurement & control, wireless communication and others application segments.
Asia Pacific is projected to be one of the fastest-growing regions due to rising investments by governments across countries such as China and India for developing smart cities with advanced infrastructure using IoT technology along with other digital services supported by cloud computing platforms requiring low power consumption sensors devices integration solutions thereby driving demand for PXI modules over the forecast period.
Growth Factors:
- Increased demand for modular instruments and systems in automotive, aerospace & defense, and other industries
- Growing popularity of PXI among system integrators and original equipment manufacturers (OEMs)
- Proliferation of PXI-based applications in test & measurement, instrumentation, and data acquisition
- Advances in PXI technology that improve performance and scalability
- Continued expansion of the PXI ecosystem with new products, modules, software tools, services, and support
Scope Of The Report
Report Attributes
Report Details
Report Title
PXI Market Research Report
By Type
High Measurement Speed, Small Footprint, Low Power Consumption
By Application
Wireless Communication, Aerospace, Defense, Consumer Electronics, Others
By Companies
ADLINK, Aeroflex, Keysight, LitePoint, ZTEC Instruments, Marvin Test Solutions, National Instruments, Pickering Interfaces, Teradyne, VTI Instruments, ADLINK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global PXI Market Report Segments:
The global PXI market is segmented on the basis of:
Types
High Measurement Speed, Small Footprint, Low Power Consumption
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wireless Communication, Aerospace, Defense, Consumer Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADLINK
- Aeroflex
- Keysight
- LitePoint
- ZTEC Instruments
- Marvin Test Solutions
- National Instruments
- Pickering Interfaces
- Teradyne
- VTI Instruments
- ADLINK
Highlights of The PXI Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Measurement Speed
- Small Footprint
- Low Power Consumption
- By Application:
- Wireless Communication
- Aerospace
- Defense
- Consumer Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PXI Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PXI is a platform for building embedded systems. It provides an easy-to-use software development environment and a wide range of hardware and software tools.
Some of the major players in the pxi market are ADLINK, Aeroflex, Keysight, LitePoint, ZTEC Instruments, Marvin Test Solutions, National Instruments, Pickering Interfaces, Teradyne, VTI Instruments, ADLINK.
The pxi market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PXI Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PXI Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PXI Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PXI Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PXI Market Size & Forecast, 2020-2028
4.5.1 PXI Market Size and Y-o-Y Growth
4.5.2 PXI Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Measurement Speed
5.2.2 Small Footprint
5.2.3 Low Power Consumption
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wireless Communication
6.2.2 Aerospace
6.2.3 Defense
6.2.4 Consumer Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PXI Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PXI Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Measurement Speed
9.6.2 Small Footprint
9.6.3 Low Power Consumption
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wireless Communication
9.10.2 Aerospace
9.10.3 Defense
9.10.4 Consumer Electronics
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Measurement Speed
10.6.2 Small Footprint
10.6.3 Low Power Consumption
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wireless Communication
10.10.2 Aerospace
10.10.3 Defense
10.10.4 Consumer Electronics
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Measurement Speed
11.6.2 Small Footprint
11.6.3 Low Power Consumption
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wireless Communication
11.10.2 Aerospace
11.10.3 Defense
11.10.4 Consumer Electronics
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Measurement Speed
12.6.2 Small Footprint
12.6.3 Low Power Consumption
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wireless Communication
12.10.2 Aerospace
12.10.3 Defense
12.10.4 Consumer Electronics
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Measurement Speed
13.6.2 Small Footprint
13.6.3 Low Power Consumption
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wireless Communication
13.10.2 Aerospace
13.10.3 Defense
13.10.4 Consumer Electronics
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PXI Market: Competitive Dashboard
14.2 Global PXI Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADLINK
14.3.2 Aeroflex
14.3.3 Keysight
14.3.4 LitePoint
14.3.5 ZTEC Instruments
14.3.6 Marvin Test Solutions
14.3.7 National Instruments
14.3.8 Pickering Interfaces
14.3.9 Teradyne
14.3.10 VTI Instruments
14.3.11 ADLINK
