The Global PXI Market Is Projected To Grow At A CAGR Of 4.1% During The Forecast Period, From An Estimated US$3.2 Billion In 2022.

Global Pxi Market Overview:

Peripheral Component Interconnect (PXI) extensions for instrumentation (PXI) is an open modular standard for automated test and measurement. It offers high measurement speed, small footprint and low power consumption compared to traditional test and measurement techniques such as rack-and-stack test systems. Various application markets for PXI technology include wireless technology, aerospace, defense, and consumer electronics industries.

Based on different end-user applications, the global PXI market can be segmented into five classes: wireless communications or RF, aerospace, defense, and consumer electronics. The wireless communications segment accounts for the majority of the market share and still shows promising growth aspects in the coming years.

PXI modules are widely used to support the complex and challenging test requirements for radio frequency (RF) in radio communications, especially in radio technologies on PXI-based platforms. Tremendous growth in wireless communications, especially in the Asia Pacific region, has maintained a high growth rate for the PXI market for many years.

PXI testing is more precise and accurate than other traditional test and measurement techniques. Additionally, PXI software and hardware vendors are designing instruments with built-in viability for new test methods that provide engineers with easy transition options. In addition, the global PXI market is growing as traditional box test and measurement technologies transition to more advanced and accurate technologies.

Pxi market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Pxi market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Pxi Market Research:

Market Key Players:
ADLINK, Aeroflex, Keysight, LitePoint, ZTEC Instruments, Marvin Test Solutions, Modular Methods, National Instruments, Pickering Interfaces, Teradyne, and VTI Instruments

By Type:

• High Measurement Speed
• Small Footprint
• Low Power Consumption

By Application:

• Wireless Communication
• Aerospace, Defense
• Consumer Electronics
• Others

By Region:

North America is PXI's largest market, followed by Europe and Asia Pacific. The Asia Pacific region is a fast-growing PXI market owing to the growth of the wireless communications industry and the increasing defense and aerospace research budgets of the governments in the region.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Pxi Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 4.0% from 2022 to 2030.
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, Modular Methods, National Instruments, Pickering Interfaces, Teradyne, and VTI Instruments
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Crucial Points from this Pxi Market Report

• Estimate Pxi market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Pxi market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Pxi market?

The Pxi Market is growing at a CAGR of 4.0% During Forecast Period.

What are the key types of Pxi market?

High Measurement Speed, Small Footprint, Low Power Consumption

What are the key applications of Pxi market?

Wireless Communication, Aerospace, Defense, Consumer Electronics, Others      

Who are the key players in Pxi market?

ADLINK, Aeroflex, Keysight, LitePoint, ZTEC Instruments, Marvin Test Solutions, Modular Methods, National Instruments, Pickering Interfaces, Teradyne, and VTI Instruments