DUBLIN--(BUSINESS WIRE)--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.
The PXI SMU market is projected to grow at a CAGR of 16.5% from 2019 to 2024
A PXI source measure unit is multi-function equipment that combines functions of a digital multimeter (DMM), power supply, current source, electronic load, and pulse generator, all in a compact form factor.
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.
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.
Why buy this report?
- The report identifies and addresses the key markets for PXI SMU, which would help OEMs review the growth in demand for the product.
- The report helps solutions providers understand the pulse of the market and provides insight into drivers, restraints, and challenges.
- The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
Key Topics Covered:
1.1 Objectives of the Study
1.3 Market Scope
2 Research Methodology
2.1 Research Data
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Primary Insights
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
5.2 Market Dynamics
6 PXI SMU Market, By Channel
6.5 Above 4
7 PXI SMU Market, By Application
7.5 Green Energy Products
7.7 Organic and Printed Electronics
8 PXI SMU Market, By End-User
8.2 Aerospace, Defense & Government Service
8.5 It & Telecommunication
8.6 Consumer Electronics
8.7 Medical Equipment
9 PXI SMU Market, By Region
9.2 Asia Pacific
9.3 North America
9.5 Middle East & Africa
9.6 South America
10 Competitive Landscape
10.2 Ranking of Players
10.3 Competitive Scenario
10.3.1 New Product Launches
11 Company Profile
11.1 Original Equipment Manufacturer
11.1.1 Keysight Technologies
11.1.2 National Instruments
11.1.3 Chroma ATE
11.1.4 Marvin Test Solutions
11.1.5 Litepoint, A Teradyne Company
11.1.6 VX Instruments GmbH
11.2 Pxi/Pxie Chassis Providers
11.2.1 Virginia Panel Corporation
11.3 Pxi/Pxie Source Measure Unit Distributors
11.3.1 Artisan Technology Group
11.3.2 Apex Waves
11.3.3 Test Dynamics
11.3.4 Yotta Volt
11.3.5 Crezon Technology
For more information about this report visit https://www.researchandmarkets.com/r/2lfodg