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Global VXI (VME eXtensions for Instrumentation) Testing Equipment Market Growth, Trends, and Forecast Report 2019-2024 - ResearchAndMarkets.com

December 23, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 23, 2019--

The “VXI Testing Equipment Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.

The VXI testing equipment market is expected to register a CAGR of 23.65% over the forecast period of 2019-2024.

The primary purpose of the test equipment is to inspect the functionality of the device under test.VXI test equipment uses automated test equipment based on VMEbus.

Scope of the Report

VXI and VXIbus are prevailing test instrumentation technology based around a rack system that is established on the 19-inch rack based VME bus. The VXI test equipment has wide application in the testing for production, field repair and maintenance, automated test systems controlled within a rack, in military and avionics applications. VXI testing equipment helps in allotting more time for development, eliminating the difficulty of checking for defects in products for the extended period.

Key Market Trends

Growth of Consumer Electronics to Drive VXI Testing Equipment Market

North America to Hold the Largest Market Share

Competitive Landscape

The VXI testing equipment market is consolidated due to a major share of the market is occupied by top players. The competition among the established players is very high. Some of the key players include National Instruments, Kinetic Systems, Interface Technology Inc.,Agilent Technologies, C&H Technologies Inc., Giga-tronics Inc., Aeroflex Inc., among others.

Market Dynamics

Market Drivers

Market Restraints

Industry Attractiveness - Porter’s Five Force Analysis

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/dd6e9o

View source version on businesswire.com:https://www.businesswire.com/news/home/20191223005306/en/

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SOURCE: Research and Markets

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PUB: 12/23/2019 09:22 AM/DISC: 12/23/2019 09:22 AM