A number of original equipment manufacturers (OEM) across industries are increasingly adopting PCI extensions for instrumentation (PXI) -based instrumentation as its measurement speed, smaller footprint and flexibility reduce the overall time to market and the costs of tests. Several companies in the wireless communications space are turning to these solutions to meet their new test requirements for radio frequency (RF) wireless technologies.
Besides the uptake in RF wireless communications, the global PXI market will likely to get a boost from new programs in aerospace and defense and integration of wireless technologies in the industrial and consumer electronics industries. PXI is also finding opportunities in the semiconductor automatic test equipment market.
Many test engineers that have trusted in traditional box instruments, are hesitant to transition over to PXI solutions. However, it is expected that the new generation of engineers will be more comfortable with these new solutions. To ease the process of integration, market participants across the globe are offering different levels of integration services and tools that enable customers to assemble PXI test systems quickly and with minimal effort. The participants are also offering subsystems, hardware/software bundles, and box solutions that use PXI in their internal architecture to lessen the burden of integration on customers.
PXI manufacturers deliver multiple options ranging from individual components to fully integrated test systems via organic means and partnerships. Furthermore, they are looking to expand the total addressable market by rolling out new PXI instruments with enhanced capabilities and increasing customer awareness on the benefits of PXI-based instrumentation. Analysts expect the market to change the face of the Test and Measurement Industry. The current market of PXI solutions in 2013 was $563.3 million and is expected to increase to $1.75 billion by 2020.
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