Global Modular Test Equipment Growth Opportunities

Global Modular Test Equipment Growth Opportunities

Increased Demand from the Electric Vehicle and Semiconductor Segments will Enhance Future Growth Potential

RELEASE DATE
29-Apr-2024
REGION
Global
Deliverable Type
Market Research
Research Code: K947-01-00-00-00
SKU: TM_2024_689
AvailableYesPDF Download
$4,950.00
In stock
SKU
TM_2024_689

Global Modular Test Equipment Growth Opportunities
Published on: 29-Apr-2024 | SKU: TM_2024_689

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Modular test equipment is witnessing growth in demand across different industries, particularly automotive & transportation, aerospace & defense, and communications. Environmental concerns and the need for more scalable and advanced solutions are leading to the development of new technology across sectors, giving rise to the need for accurate and efficient testing equipment. Modular instruments combine the functionality of many benchtop instruments, including digitizers, signal generators, input/output (I/O) devices, digital multimeters, and more. They also connect customized software and various hardware components for customers to include different measurement points.

The study considers test equipment defined by the following testing and measurement standards:
• VME eXtensions for Instrumentation (VXI)
• PCI eXtensions for Instrumentation (PXI)
• AdvancedTCA eXtensions for Instrumentation and Test (AXIe)

This study offers relevant forecasts and analyses for the modular test equipment industry by product, region, and industry vertical, and for each industry segment by industry vertical and region. The study identifies the factors driving and restraining this industry and highlights the growth opportunities emerging from the shifts in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2030.

Author: Janani Balasundar

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Modular Test Equipment Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Key Competitors

Modular Test Equipment—Scope of Analysis

Growth Metrics

Distribution Channels for Modular Test Equipment

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Forecast Assumptions

Revenue Forecast

Revenue Forecast by Product

Revenue Forecast by Region

Revenue Forecast by Industry Vertical

Revenue Forecast Analysis

Revenue Forecast Analysis by Product

Revenue Forecast Analysis by Vertical

Revenue Forecast Analysis by Region

Pricing Trends and Forecast Analysis

Competitive Environment

Revenue Share

Revenue Share Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Industry Vertical

Revenue Forecast by Region

Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Industry Vertical

Revenue Forecast by Region

Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Industry Vertical

Revenue Forecast by Region

Forecast Analysis

Growth Opportunity 1: Evolution of Aerospace & Defense Sector

Growth Opportunity 1: Evolution of Aerospace & Defense Sector (continued)

Growth Opportunity 2: EV-specific Solutions

Growth Opportunity 2: EV-specific Solutions (continued)

Growth Opportunity 3: Nearshoring Applications for the Semiconductor Industry

Growth Opportunity 3: Nearshoring Applications for the Semiconductor Industry (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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Modular test equipment is witnessing growth in demand across different industries, particularly automotive & transportation, aerospace & defense, and communications. Environmental concerns and the need for more scalable and advanced solutions are leading to the development of new technology across sectors, giving rise to the need for accurate and efficient testing equipment. Modular instruments combine the functionality of many benchtop instruments, including digitizers, signal generators, input/output (I/O) devices, digital multimeters, and more. They also connect customized software and various hardware components for customers to include different measurement points. The study considers test equipment defined by the following testing and measurement standards: VME eXtensions for Instrumentation (VXI) PCI eXtensions for Instrumentation (PXI) AdvancedTCA eXtensions for Instrumentation and Test (AXIe) This study offers relevant forecasts and analyses for the modular test equipment industry by product, region, and industry vertical, and for each industry segment by industry vertical and region. The study identifies the factors driving and restraining this industry and highlights the growth opportunities emerging from the shifts in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2030. Author: Janani Balasundar
More Information
Deliverable Type Market Research
Author Janani Balasundar
Industries Test and Measurement Instrumentation
No Index No
Is Prebook No
Podcast No
Predecessor K65A-01-00-00-00
WIP Number K947-01-00-00-00