Global PXI Market: In-depth market segmentation by 2020

peripheral component interconnect (PCI) extensions for Instrumentation (PXI) is an open modular standard in the automated test and measurement. It offers high measurement speed, small footprint, and low power consumption compare to traditional test and measurement technique such as rack-and-stack test systems. The various application market of PXI technology include, wireless technology, aerospace, defense and consumer electronics industries. On the basis of the various end user applications, the global PXI market can be segmented in five different classes namely, wireless communication or RF, aerospace, defense, consumer electronics and other. Wireless communication segment holds the majority of market share and still showing promising growth aspects in coming years. PXI module is very popular in wireless communications technology particularly in PXI-based platforms to assist complex and challenging test requirements for radio frequency (RF) in wireless communication. The massive growth in the field of wireless communication particularly in Asia Pacific region has kept the growth rate of PXI market high over the years.