Global Modular Test Equipment Growth Opportunities

Description

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

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)
Advanced TCA 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.

Product Code: K947-30

Strategic Imperatives

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™

Growth Opportunity Analysis

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 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 Opportunity Analysis-PXI

Growth Metrics
Revenue Forecast
Revenue Forecast by Industry Vertical
Revenue Forecast by Region
Forecast Analysis

Growth Opportunity Analysis-VXI

Growth Metrics
Revenue Forecast
Revenue Forecast by Industry Vertical
Revenue Forecast by Region
Forecast Analysis

Growth Opportunity Analysis-AXIe

Growth Metrics
Revenue Forecast
Revenue Forecast by Industry Vertical
Revenue Forecast by Region
Forecast Analysis

Growth Opportunity Universe

Growth Opportunity 1: Evolution of Aerospace & Defense Sector
Growth Opportunity 2: EV-specific Solutions
Growth Opportunity 3: Nearshoring Applications for the Semiconductor Industry

Next Steps

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Why Frost, Why Now?
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