Market Overview:
The global bus modular instrumentation market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market is segmented by type, application, and region. The type segment is divided into VXI bus modular instrument, PXI/e bus modular instrument, LXI bus modular instrument, PCI/e bus modular instrument, GPIB Bus modular Instrument AXI/e Bus Modular Instrument and Serial Bus Modular Instrument. The application segment includes design & development certification & acceptance production network construction & optimization among others. Geographically the market is analyzed across North America Latin America Europe Asia Pacific and Middle East Africa regions.
Product Definition:
Standard bus modular instrumentation is an approach to the design of control systems in which a number of standard, interchangeable modules are used. These modules may be connected by a standard bus or network.
1) Modules can be easily replaced if they fail or need to be upgraded.
2) The system can be easily expanded by adding additional modules.
3) Wiring errors are eliminated, since all connections are made at the module level.
VXI Bus Modular Instrument:
VXI bus modular instrumentation is a specification for combining voice and information technology in transportation. It was initially developed by the European railway industry to improve rail traffic control. The VXI Bus Modular Instrument (BMI) provides an interface between the train control system and the train driver, which enables real-time data transmission from a train engine to atrain conductor via wired & wireless mediums such as Ethernet, Synchronous Digital Hierarchy (SDH), etc.
PXI/e Bus Modular Instrument:
The PXI/e bus modular instrumentation is a specification for combining the functionality of programmable logic devices and electronic instruments in a single, compact form-factor. The PXI/e bus modular instrumentation provides an interface between legacy applications and modern programmable logic devices. It also allows the user to leverage the economies of scale by using off-the-shelf components while reducing overall development time & costs.
Application Insights:
The application segment of the global standard bus modular instrumentation market is categorized into design and development, certification and acceptance, production, network construction and optimization, logistics & transportation management, after-sales service repair centers., The design and development segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to a large number of applications that require measurement devices for ensuring quality at various stages of product life cycle. Instruments such as PXI/e busses modular instruments are used during the design phase for developing a circuit board or electronic device with specific requirements.
The production stage requires monitoring physical quantities such as weight or volume to ensure quality control at every stage from raw material procurement to finished products delivery within schedule constraints.
Regional Analysis:
North America is expected to be the fastest-growing region in terms of revenue over the forecast period. The growth can be attributed to increasing investments in network construction and design verification activities. Asia Pacific is anticipated to witness significant growth over the coming years owing to rising demand for better infrastructure facilities, coupled with growing industrialization and technological advancements. Moreover, a large number of automotive manufacturers are based in this region which has led them adopt standardized bus modular instrumentation solutions for vehicle testing as well as production processes., Latin America also holds a considerable share within APAC market space., However, it will not grow at same rate as compared to other regions due its economic conditions.
Growth Factors:
- Increasing demand for bus transportation: The increasing population and the consequent increase in the number of vehicles on the road has led to an increase in the demand for bus transportation. This is expected to drive the growth of Standard Bus Modular Instrumentation market.
- Technological advancements: The development of new technologies has led to the introduction of advanced and innovative products in Standard Bus Modular Instrumentation market, thereby driving its growth.
- Growing awareness about safety measures: There is a growing awareness among people about safety measures while travelling in buses, which is propelling the demand for Standard Bus Modular Instrumentation market products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Standard Bus Modular Instrumentation Market Research Report
By Type
VXI Bus Modular Instrument, PXI/e Bus Modular Instrument, LXI Bus Modular Instrument, PCI/e Bus Modular Instrument, GPIB Bus Modular Instrument, AXI/e Bus Modular Instrument, Serial Bus Modular Instrument, VPX Bus Modular Instrument, , The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
By Application
Design & Developmet, Certification & Acceptance, Production, Network Construction & Optimization, , Design and development is the stage with the largest variety of test instruments.
By Companies
Keysight, National Instruments, Viavi Solutions, Fortive Corporation, Astronics Corporation, Teledyne Lecroy, Rohde & Schwarz, Ametek (VTI Instruments), Teradyne, Pickering Interfaces, Giga-Tronics, Chroma ATE, Bustec, Excalibur Systems, North Atlantic Industries, Ceyear, ADLINK, CETC, CASIC, ADVANTECH
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Standard Bus Modular Instrumentation Market Report Segments:
The global Standard Bus Modular Instrumentation market is segmented on the basis of:
Types
VXI Bus Modular Instrument, PXI/e Bus Modular Instrument, LXI Bus Modular Instrument, PCI/e Bus Modular Instrument, GPIB Bus Modular Instrument, AXI/e Bus Modular Instrument, Serial Bus Modular Instrument, VPX Bus Modular Instrument, , The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
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
Design & Developmet, Certification & Acceptance, Production, Network Construction & Optimization, , Design and development is the stage with the largest variety of test instruments.
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:
- Keysight
- National Instruments
- Viavi Solutions
- Fortive Corporation
- Astronics Corporation
- Teledyne Lecroy
- Rohde & Schwarz
- Ametek (VTI Instruments)
- Teradyne
- Pickering Interfaces
- Giga-Tronics
- Chroma ATE
- Bustec
- Excalibur Systems
- North Atlantic Industries
- Ceyear
- ADLINK
- CETC
- CASIC
- ADVANTECH
Highlights of The Standard Bus Modular Instrumentation 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:
- VXI Bus Modular Instrument
- PXI/e Bus Modular Instrument
- LXI Bus Modular Instrument
- PCI/e Bus Modular Instrument
- GPIB Bus Modular Instrument
- AXI/e Bus Modular Instrument
- Serial Bus Modular Instrument
- VPX Bus Modular Instrument
- The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
- By Application:
- Design & Developmet
- Certification & Acceptance
- Production
- Network Construction & Optimization
- Design and development is the stage with the largest variety of test instruments.
- 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 Standard Bus Modular Instrumentation 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.
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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?
Standard bus modular instrumentation (SBMI) is a type of instrumentation system that uses standardized buses to connect instruments and sensors. This allows for easier installation, maintenance, and troubleshooting. SBMI systems are typically used in industrial applications such as manufacturing, process control, and quality assurance.
Some of the major companies in the standard bus modular instrumentation market are Keysight, National Instruments, Viavi Solutions, Fortive Corporation, Astronics Corporation, Teledyne Lecroy, Rohde & Schwarz, Ametek (VTI Instruments), Teradyne, Pickering Interfaces, Giga-Tronics, Chroma ATE, Bustec, Excalibur Systems, North Atlantic Industries, Ceyear, ADLINK, CETC, CASIC, ADVANTECH.
The standard bus modular instrumentation market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Standard Bus Modular Instrumentation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Standard Bus Modular Instrumentation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Standard Bus Modular Instrumentation Market - Supply Chain
4.5. Global Standard Bus Modular Instrumentation Market Forecast
4.5.1. Standard Bus Modular Instrumentation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Standard Bus Modular Instrumentation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Standard Bus Modular Instrumentation Market Absolute $ Opportunity
5. Global Standard Bus Modular Instrumentation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Standard Bus Modular Instrumentation Market Size and Volume Forecast by Type
5.3.1. VXI Bus Modular Instrument
5.3.2. PXI/e Bus Modular Instrument
5.3.3. LXI Bus Modular Instrument
5.3.4. PCI/e Bus Modular Instrument
5.3.5. GPIB Bus Modular Instrument
5.3.6. AXI/e Bus Modular Instrument
5.3.7. Serial Bus Modular Instrument
5.3.8. VPX Bus Modular Instrument
5.3.10. The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Standard Bus Modular Instrumentation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Standard Bus Modular Instrumentation Market Size and Volume Forecast by Application
6.3.1. Design & Developmet
6.3.2. Certification & Acceptance
6.3.3. Production
6.3.4. Network Construction & Optimization
6.3.6. Design and development is the stage with the largest variety of test instruments.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Standard Bus Modular Instrumentation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Standard Bus Modular Instrumentation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Standard Bus Modular Instrumentation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Standard Bus Modular Instrumentation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Standard Bus Modular Instrumentation Demand Share Forecast, 2019-2026
9. North America Standard Bus Modular Instrumentation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Standard Bus Modular Instrumentation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Standard Bus Modular Instrumentation Market Size and Volume Forecast by Application
9.4.1. Design & Developmet
9.4.2. Certification & Acceptance
9.4.3. Production
9.4.4. Network Construction & Optimization
9.4.6. Design and development is the stage with the largest variety of test instruments.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Standard Bus Modular Instrumentation Market Size and Volume Forecast by Type
9.7.1. VXI Bus Modular Instrument
9.7.2. PXI/e Bus Modular Instrument
9.7.3. LXI Bus Modular Instrument
9.7.4. PCI/e Bus Modular Instrument
9.7.5. GPIB Bus Modular Instrument
9.7.6. AXI/e Bus Modular Instrument
9.7.7. Serial Bus Modular Instrument
9.7.8. VPX Bus Modular Instrument
9.7.10. The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Standard Bus Modular Instrumentation Demand Share Forecast, 2019-2026
10. Latin America Standard Bus Modular Instrumentation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Standard Bus Modular Instrumentation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Standard Bus Modular Instrumentation Market Size and Volume Forecast by Application
10.4.1. Design & Developmet
10.4.2. Certification & Acceptance
10.4.3. Production
10.4.4. Network Construction & Optimization
10.4.6. Design and development is the stage with the largest variety of test instruments.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Standard Bus Modular Instrumentation Market Size and Volume Forecast by Type
10.7.1. VXI Bus Modular Instrument
10.7.2. PXI/e Bus Modular Instrument
10.7.3. LXI Bus Modular Instrument
10.7.4. PCI/e Bus Modular Instrument
10.7.5. GPIB Bus Modular Instrument
10.7.6. AXI/e Bus Modular Instrument
10.7.7. Serial Bus Modular Instrument
10.7.8. VPX Bus Modular Instrument
10.7.10. The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Standard Bus Modular Instrumentation Demand Share Forecast, 2019-2026
11. Europe Standard Bus Modular Instrumentation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Standard Bus Modular Instrumentation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Standard Bus Modular Instrumentation Market Size and Volume Forecast by Application
11.4.1. Design & Developmet
11.4.2. Certification & Acceptance
11.4.3. Production
11.4.4. Network Construction & Optimization
11.4.6. Design and development is the stage with the largest variety of test instruments.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Applcation
11.7. Europe Standard Bus Modular Instrumentation Market Size and Volume Forecast by Type
11.7.1. VXI Bus Modular Instrument
11.7.2. PXI/e Bus Modular Instrument
11.7.3. LXI Bus Modular Instrument
11.7.4. PCI/e Bus Modular Instrument
11.7.5. GPIB Bus Modular Instrument
11.7.6. AXI/e Bus Modular Instrument
11.7.7. Serial Bus Modular Instrument
11.7.8. VPX Bus Modular Instrument
11.7.10. The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Standard Bus Modular Instrumentation Demand Share, 2019-2026
12. Asia Pacific Standard Bus Modular Instrumentation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Standard Bus Modular Instrumentation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Standard Bus Modular Instrumentation Market Size and Volume Forecast by Application
12.4.1. Design & Developmet
12.4.2. Certification & Acceptance
12.4.3. Production
12.4.4. Network Construction & Optimization
12.4.6. Design and development is the stage with the largest variety of test instruments.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Standard Bus Modular Instrumentation Market Size and Volume Forecast by Type
12.7.1. VXI Bus Modular Instrument
12.7.2. PXI/e Bus Modular Instrument
12.7.3. LXI Bus Modular Instrument
12.7.4. PCI/e Bus Modular Instrument
12.7.5. GPIB Bus Modular Instrument
12.7.6. AXI/e Bus Modular Instrument
12.7.7. Serial Bus Modular Instrument
12.7.8. VPX Bus Modular Instrument
12.7.10. The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Standard Bus Modular Instrumentation Demand Share, 2019-2026
13. Middle East & Africa Standard Bus Modular Instrumentation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Standard Bus Modular Instrumentation Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Standard Bus Modular Instrumentation Market Size and Volume Forecast by Application
13.4.1. Design & Developmet
13.4.2. Certification & Acceptance
13.4.3. Production
13.4.4. Network Construction & Optimization
13.4.6. Design and development is the stage with the largest variety of test instruments.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Standard Bus Modular Instrumentation Market Size and Volume Forecast by Type
13.7.1. VXI Bus Modular Instrument
13.7.2. PXI/e Bus Modular Instrument
13.7.3. LXI Bus Modular Instrument
13.7.4. PCI/e Bus Modular Instrument
13.7.5. GPIB Bus Modular Instrument
13.7.6. AXI/e Bus Modular Instrument
13.7.7. Serial Bus Modular Instrument
13.7.8. VPX Bus Modular Instrument
13.7.10. The segment of PXI/e bus modular instrument holds a comparatively larger share in global market, which accounts for about 66%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Standard Bus Modular Instrumentation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Standard Bus Modular Instrumentation Market: Market Share Analysis
14.2. Standard Bus Modular Instrumentation Distributors and Customers
14.3. Standard Bus Modular Instrumentation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Keysight
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. National Instruments
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Viavi Solutions
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fortive Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Astronics Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Teledyne Lecroy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rohde & Schwarz
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ametek (VTI Instruments)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Teradyne
14.4.9.1. Overview
14.4.9.2. Financials
