Market Overview:
The global PXI source measure unit market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for miniaturized and high-performance test and measurement equipment, rising adoption of PXI platform in various applications, and growing demand for automated testing solutions. Based on type, the global PXI source measure unit market is segmented into 1 channel, 2 channel, 4 channel, and above 4 channels. The 2channel segment is expected to hold the largest share of the global PXI source measure unit market during the forecast period. This can be attributed to its low cost as compared to other types of SMUs and its ability to provide accurate measurements. Based on application, the global PXI source measure unit market is segmented into aerospace & defense; automotive; energy & power; IT & telecommunications; consumer electronics; medical equipment; industrial automation ;and others (education/research institutes). The aerospace & defense sector accounted for majority share of revenue generated by application segments in 2017 owing to increased spending on R&D activities by OEMs across developed countries such as U.S., Germany ,and France . However ,the automotive sector is projectedto grow at highest CAGR during forecast period due increasing demand for electric vehicles (EVs) globally .
Product Definition:
PXI Source Measure Unit (SMU) is a module which provides high-performance DC and AC voltage, current, and resistance measurements. It is important for semiconductor characterization, power supply testing, and many other applications.
1 channel:
1 channel is a single input to the PXI source measure unit. It can be used in any application where a single input voltage is required. The growth factor for 1 channel depends on the type of application it's used in and also, its availability as an option to choose from within PXI series.
2 channel:
2-channel is a type of PXI source measure unit. It provides two independent channels for data acquisition and measurement. These units are used in industrial applications to measure the physical parameters such as torque, force, speed, position or any other variable that can be measured with rotary motion sensors and potentiometers.
Application Insights:
The automotive segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The rising demand for PXI source measure units from various automobile manufacturers is expected to be a major factor driving the market growth. Moreover, stringent regulations regarding safety are likely to drive its demand in aerospace applications over the coming years.
The energy sector was one of the prominent sectors that adopted pentium-level instruments during recent past and this trend is expected to continue during future as well. The increasing need for accurate power measurement across various industries including oil & gas, wind turbines, solar panels etc., on account of better accuracy and consistency compared to traditional measuring devices such these instruments at an affordable cost coupled with ease of use are anticipated to fuel industry expansion over next few years.
Regional Analysis:
North America dominated the global PXI source measure unit market in 2017. The growth of this region can be attributed to the presence of major aerospace and defense manufacturers in the U.S., which has resulted in increased demand for measurement units from these industries. Europe is expected to witness significant growth over the forecast period owing to an increase in investments by various governments for research and development activities, especially pertaining to automotive electronics systems integration, thus driving product demand across this region as well. Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing government initiatives towards manufacturing push-button switches and other electrical equipment with high precision using advanced technologies such as nanotechnology, metrology, inspection & testing instruments (VOC free), etc., thereby driving PXI source measure unit sales across this region’s markets including China and Japan.
Growth Factors:
- Increasing demand for miniaturization in electronic equipment
- Growing trend of using modular instruments in electronics testing and measurement
- Proliferation of semiconductor devices and systems
- Rising demand for automated test systems
- Growing popularity of PXI-based system solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
PXI Source Measure Unit Market Research Report
By Type
1 channel, 2 channel, 4 channel, Above 4
By Application
Aerospace, Automotive, Energy, IT and Telecommunication, Consumer Electronics, Medical Equipment
By Companies
National Instruments, Keysight Technologies, Chroma ATE, VX Instruments, Marvin Test Solutions, LitePoint a Teradyne Company
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global PXI Source Measure Unit Market Report Segments:
The global PXI Source Measure Unit market is segmented on the basis of:
Types
1 channel, 2 channel, 4 channel, Above 4
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
Aerospace, Automotive, Energy, IT and Telecommunication, Consumer Electronics, Medical Equipment
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:
- National Instruments
- Keysight Technologies
- Chroma ATE
- VX Instruments
- Marvin Test Solutions
- LitePoint a Teradyne Company
Highlights of The PXI Source Measure Unit 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:
- 1 channel
- 2 channel
- 4 channel
- Above 4
- By Application:
- Aerospace
- Automotive
- Energy
- IT and Telecommunication
- Consumer Electronics
- Medical Equipment
- 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 Source Measure Unit 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?
The PXI Source Measure Unit is a physical quantity that represents the power output of an electronic device.
Some of the major companies in the pxi source measure unit market are National Instruments, Keysight Technologies, Chroma ATE, VX Instruments, Marvin Test Solutions, LitePoint a Teradyne Company.
The pxi source measure unit market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PXI Source Measure Unit 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 Source Measure Unit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PXI Source Measure Unit 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 Source Measure Unit 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 Source Measure Unit Market Size & Forecast, 2020-2028
4.5.1 PXI Source Measure Unit Market Size and Y-o-Y Growth
4.5.2 PXI Source Measure Unit 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 1 channel
5.2.2 2 channel
5.2.3 4 channel
5.2.4 Above 4
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 Aerospace
6.2.2 Automotive
6.2.3 Energy
6.2.4 IT and Telecommunication
6.2.5 Consumer Electronics
6.2.6 Medical Equipment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PXI Source Measure Unit 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 Source Measure Unit 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 1 channel
9.6.2 2 channel
9.6.3 4 channel
9.6.4 Above 4
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 Aerospace
9.10.2 Automotive
9.10.3 Energy
9.10.4 IT and Telecommunication
9.10.5 Consumer Electronics
9.10.6 Medical Equipment
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 1 channel
10.6.2 2 channel
10.6.3 4 channel
10.6.4 Above 4
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 Aerospace
10.10.2 Automotive
10.10.3 Energy
10.10.4 IT and Telecommunication
10.10.5 Consumer Electronics
10.10.6 Medical Equipment
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 1 channel
11.6.2 2 channel
11.6.3 4 channel
11.6.4 Above 4
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 Aerospace
11.10.2 Automotive
11.10.3 Energy
11.10.4 IT and Telecommunication
11.10.5 Consumer Electronics
11.10.6 Medical Equipment
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 1 channel
12.6.2 2 channel
12.6.3 4 channel
12.6.4 Above 4
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 Aerospace
12.10.2 Automotive
12.10.3 Energy
12.10.4 IT and Telecommunication
12.10.5 Consumer Electronics
12.10.6 Medical Equipment
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 1 channel
13.6.2 2 channel
13.6.3 4 channel
13.6.4 Above 4
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 Aerospace
13.10.2 Automotive
13.10.3 Energy
13.10.4 IT and Telecommunication
13.10.5 Consumer Electronics
13.10.6 Medical Equipment
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 Source Measure Unit Market: Competitive Dashboard
14.2 Global PXI Source Measure Unit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 National Instruments
14.3.2 Keysight Technologies
14.3.3 Chroma ATE
14.3.4 VX Instruments
14.3.5 Marvin Test Solutions
14.3.6 LitePoint a Teradyne Company
