VXI Test Equipment Market Introduction

The VXI standard was developed by the VXI Consortium. This was formed in 1987 with the aim of defining a multi-manufacturer standard that would enable test solutions to be more compact by having instruments contained on cards. VXI and VXIbus is a prevailing test instrumentation technology based around a rack system which is based on the 19 inch rack based VME bus.

The VXI test equipment finds wide application in automated test systems controlled within a rack, and it also finds application in the testing for production, field repair and maintenance, often found in military and avionics applications. VXI test equipment uses automated test equipment based on VMEbus. VXI testing equipment helps in the process of allotting more time for development, eliminating the difficulty of checking for defects in products for the extended period.

VXI Test Equipment Market- Competitive Landscape

Kinetic Systems, Inc.

Founded in 1973, Kinetic Systems, Inc. is located in the US. The company specializes in designing and installation process, plumbing, HVAC systems, mechanical. It offers solutions for chemical blending, electrochemical deposition, slurry blend and dispenses, surface preparation, and custom products. The company also offers fabrication, engineering, and equipment design and testing services.

ASCOR, Inc.

Established in 1987, ASCOR, Inc. is located in the US. The company designs, develops, and markets connecting and switching devices for medical, industrial, scientific, and governmental automatic test applications.

Analogic Corporation

Founded in 1967, Analogic Corporation is located in the US. The company operates in three segments including ultrasound, medical imaging, security and detection. The company designs, develops and sells security systems, ultrasound systems, medical imaging systems, and other subsystems to OEMs for medical and airport security markets globally. 

Agilent Technologies

Established in 1999, Agilent Technologies is located in the US. The company provides software, analytical instruments, consumables and services for entire lab workflow. The company serves clinical and routine diagnostics and analytical laboratories, it also provides lab supplies and lab management services. Some of its products include automation, equipment management and services, software maintenance, microarrays, vacuum technologies, etc.

Aeroflex Inc. 

Established in 1937, Aeroflex Inc. is located in the US. The company manufactures microwave integrated circuits, test equipment, systems and components used for wireless communications. The company provides various products such as RF and microwave discretes, motion control, wireless communications test, signal generators, spectrum/signal analyzers, functional test platform, mixed signal and digital ASICs, and other products.    

VXI Test Equipment Market Dynamics

Increasing Semiconductor Chip Volume Driving Demand for VXI Test Equipment

The increasing semiconductor chip volume has the potential to drive the demand for VXI test equipment. Moreover, a rise in the number of consumer electronics is also driving demand for semiconductors, this, in turn, is leading to the rise in VXI test equipment to test various devices. With the launch of smart devices, autonomous vehicles, and smart medicines the data volume is rising, to handle rapidly increasing data volume, more chips will be required in coming years, thereby, driving demand for testing devices such as VXI test equipment.

In response to the growing demand for testing in the semiconductor chip, the manufacturers in the VXI test equipment market are focusing on developing equipment that is highly efficient and reliable.  

VXI Test Equipment to Find Wide Application in Defense and Aerospace Industry

Increasing government spending on defense across countries is driving the demand for more efficient systems in defense to ensure safety. This is resulting in the wide application of VXI test equipment in defense to verify and calibrate most complex electronics deployed. VXI testing equipment also helps in checking the operating software by providing high-performance analog, digital, and mixed-signal testing for the overall hardware infrastructure setup in the defense sector.

Moreover, increasing production of commercial and military aircrafts is also driving demand for testing, this is resulting in the extensive use of testing equipment including VXI test equipment. On the other hand massive export of aircrafts is also one of the major driving factors for the growth of testing equipment such as VXI test equipment.

Shortcomings in VXI to Affect Development of System that Meet Requirement of Test Specification

VXI has some shortcoming that can affect the development of system that can meet technical and lifecycle requirements of the test specifications. The VXI-based system is mostly dependent on the performance of the host PC and some higher performance commands a higher price. Moreover, the PC-dependent approach do not scale for complicated and large systems as more modules move more data more often, the PC can emerge as the processing bottleneck.

VXI Test Equipment Market Segmentation

Based on the product type, the VXI test equipment market is segmented into

  • Function generators
  • Oscilloscopes
  • Power suppliers
  • Others

Based on the components, the VXI test equipment market is segmented into

  • Signal sources
  • Digitizer
  • Digital i/o
  • Switches
  • Instrument controllers

Based on the industry verticals, the VXI test equipment market is segmented into

  • Communications
  • Consumer electronics
  • Military and defense
  • Aerospace
  • Industrial electronics

The report on VXI test equipment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The VXI test equipment market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The VXI test equipment market report also maps the qualitative impact of various market factors on market segments and geographies.       

Regional analysis for VXI test equipment market includes:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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