1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

VXI, PXI, and AXIe Test and Measurement Market Disrupts Automated Test, Sparking New Growth Opportunities 

  • March 2016
  • 39 pages
  • Frost & Sullivan
Report ID: 3714200

Summary

Table of Contents

Instrumentation based on PXI and AXIe are driving growth in the automated test equipment market and a shift from bench to modular instruments. Worth $809.7 million in 2015, market revenues are expected to reach $1,766.7 million by 2020, at a CAGR of 15.2%. Research Scope In comparison to traditional rack-and-stack test systems, modular systems are a combination of chassis, controllers, and modules. While the market has proprietary standards, open standards impart significant benefits to customers for customization to their applications.

This research study focuses on equipment based on such standards, which include the following:

- VXI
- PXI and PXIe
- AXIe

Each section provides the current market size for 2015 and forecasts revenues till 2020. The study features the market shares of the leading competitors as well as highlights recent developments and key trends. Companies discussed include National Instruments, Keysight Technologies, Cobham, Teradyne, Astronics, VTI Instruments, Pickering Interfaces, and Marvin Test Solutions, among others.

Key Questions This Study Will Answer

- How long will the PXI market continue to grow at a mid-teen growth rate?
- What is the current penetration of modular instrumentation in the test and measurement industry, and what will it be in 2020?
- Which markets could dramatically expand the addressable market for PXI vendors?
- Who are the major shareholders in each segment, who is gaining share, and how will this likely change over the next 5 years?
- Who are the new entrants in AXIe, and how is this emerging market likely to develop over the next 5 years? Why Partner with Frost & Sullivan?
- Robust and proven research methodology resulting in high-quality findings: Frost & Sullivan has established relationships with the leading participants in the value chain of the test and measurement industry with which it performs primary research for the purpose of its research services.
- Long experience researching and tracking test and measurement markets generating reliable information: Frost & Sullivan has published studies year-on-year on this industry for over 15 years and employs analysts with previous experience working for test and measurement OEMs, generating data you can trust.
- Breadth and depth of market coverage: The Frost & Sullivan analyst team has performed analysis of the electronic measurement market from various perspectives, including the following:

o Product: Oscilloscopes, signal generators, signal analyzers, network analyzers, power meters, logic analyzers, electronic counters, and digital multimeters
o Form Factor: Bench-top, modular, portable, and handheld
o Application: Research and development/lab, manufacturing/production, and installation and maintenance/field
o End User: Communications, aerospace and defense, consumer electronics, industrial electronics, automotive and transportation, among others Geography: Global and regional, including North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for welding ...

World Machine Tool Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Machine Tool Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for machine tools ...

Asia-Pacific Industrial Control Systems Security Market, Forecast to 2020

  • $ 15000
  • Industry report
  • March 2017
  • by Frost & Sullivan

Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures The Asia-Pacific Industrial Control Systems (ICS) Security market with estimated revenue of $380.4 million ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.