$267 Million PXI SMU Market Insights to 2024 - Featuring Profiles on Industry OEMs and PXI/PXIE Chassis Providers & Source Measure Unit Distributors

DUBLIN, Feb. 19, 2020 /PRNewswire/ -- The "PXI SMU Market by Channel (1, 2, 4, >4) Application (Semiconductor, Sensor, LED, Green Energy Product, Nanomaterial, Organic & Printed Electronics), End-User (Aerospace, Defense & Government Service, IT & Telecommunication), Region - Global forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global PXI SMU market size is projected to reach USD 267 million by 2024, from an estimated value of USD 124 million in 2019, growing at a CAGR of 16.5% during the forecast period.

PXI SMU market growth is directly proportional to the development of the testing & measurement markets, which are influenced by expanding research & development activities, inclination towards semiconductor & batteries testing in the IoT devices, and the trend of testing & measurement becoming an integral factor for meeting safety compliance standards.

This report provides a picture of the PXI SMU market and its segments across industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as channel, application, end-user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

The key players operating in the PXI SMU market include National Instruments (US), Keysight Technologies (US), Chroma ATE (Taiwan), VX Instruments (Germany), Marvin Test Solutions (US), and LitePoint a Teradyne Company (US).

The above 4 channel applications segment is expected to grow at the highest CAGR from 2019 to 2024

12 and 24 channels count are considered as the above 4 channel segment. These are high-density PXI SMUs and are used explicitly for 5G applications. High-density PXI SMU provides six times more DC channel density than 1 and 4 channel PXI SMUs for testing RF, MEMS, and mixed-signal and other analog semiconductor components. Also, it is a low-cost way to increase the channel count of expensive instrumentation while increasing the flexibility and repeatability of test measurements. The above 4 channel PXI SMU segment is expected to grow at the highest CAGR in the PXI SMU market during the forecast period.

IT & telecommunication: The largest end-user for PXI SMU

The increasing use of smartphones is continuously creating opportunities for the telecom sub-sectors, including wireless broadband carriers, network equipment companies, and device manufacturers. Also, the successful trials of 5G networks across regions such as North America, Europe and some countries in Asia Pacific will continue to fuel the growth of the telecom & IT sector.

Drive-testing plays an essential role in creating and maintaining a strong GSM network. In the mobile communication system, drive testing should be used to collect real-time RF information from the field. This is where PXI SMUs come into play as these are high speed and accurate functioning source measure units that can help in producing real-time information.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the PXI SMU Market During the Forecast Period
4.2 PXI SMU Market, By Channel
4.3 PXI SMU Market, By Application
4.4 PXI SMU Market, By End-User
4.5 PXI SMU Market, By Region
4.6 Asia Pacific PXI SMU Market, By Application & Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Research & Development Activities Across Industries Create Demand for PXI SUs

For more information about this report visit https://www.researchandmarkets.com/r/103ah9

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