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

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

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:

Product: Oscilloscopes, signal generators, signal analyzers, network analyzers, power meters, logic analyzers, electronic counters, and digital multimeters

Form Factor: Bench-top, modular, portable, and handheld

Application: Research and development/lab, manufacturing/production, and installation and maintenance/field

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


  • Market Definitions
  • Executive Summary
    • Key Findings
      • Table Modular Instrumentation Market: Penetration Analysis, Global, 2010-2020
      • Table Total Modular Instrumentation Market: Revenue Forecast by Standard, Global, 2010-2020
  • VXI-based Instrumentation Market
    • VXI-based Instrumentation Market-Revenue Forecast
      • Table VXI-based Instrumentation Market: Revenue Forecast, Global, 2010-2020
    • VXI-based Instrumentation Market-Revenue Forecast Discussion
    • VXI-based Instrumentation Market-Market Share Analysis
      • Table VXI-based Instrumentation Market: Percent Market Share Trend, Global, 2010 and 2015
  • PXI-based Instrumentation Market
    • PXI-based Instrumentation Market-Revenue Forecast
      • Table PXI-based Instrumentation Market: Revenue Forecast, Global, 2010-2020
    • PXI-based Instrumentation Market-Revenue Forecast Discussion
    • PXI-based Instrumentation Market-Market Share Analysis
      • Table PXI-based Instrumentation Market: Percent Market Share Trend, Global, 2010 and 2015
    • PXI-based Instrumentation Market-National Instruments
      • Table PXI-based Instrumentation Market: NI's Company Revenue and Revenues from its Largest Customer, Global, 2011-2015
    • PXI-based Instrumentation Market-Keysight Technologies
    • PXI-based Instrumentation Market-Market Share Analysis
  • AXIe-based Instrumentation Market
    • AXIe-based Instrumentation Market-Revenue Forecast
      • Table AXIe-based Instrumentation Market: Revenue Forecast, Global, 2010-2020
    • AXIe-based Instrumentation Market-Revenue Forecast Discussion
    • AXIe-based Instrumentation Market-Key Applications
    • AXIe-based Instrumentation Market-Market Share Analysis
      • Table AXIe-based Instrumentation Market: Percent Market Share Trend, Global, 2010 and 2015
  • Appendix
    • List of Companies Interviewed
    • Secondary Research Sources
    • List of Related Frost & Sullivan Deliverables

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