PXI SMU Market Size, Share, and Industry Analysis By Channel (1 Channel, 2 Channel, 4 Channel, and Above 4), By Application (Semiconductors, LED, Sensors, Green Energy Products, Nanomaterials, and Organic & Printed Electronics), By End User (Aerospace, Defense and Government Services, Automotive, Energy, IT and Telecommunication, Consumer Electronics, and Medical Equipment), and Regional Forecast, 2025-2032

The global PXI SMU market is being driven by various leading factors right now. Rapid growth and higher complexity in semiconductors and electronics are the reasons testers are needed more often now. A PXI Source Measure Unit (SMU) is designed so that it acts like a reliable power supply and a dependable measurement device at the same time.

Because of electric cars and greater awareness of clean energy, the market is forecast to expand drastically. The growth in EVs and new kinds of battery management systems makes it necessary to test, characterise, and validate batteries using precise PXI SMU technology.

PXI SMU Market Driver

Advancements in Semiconductor Manufacturingto Expand the Market

Advances in the manufacturing of semiconductors are greatly influencing the growth of the PXI SMU market. As high-tech brands try to achieve new goals set by Moore's Law, integrated circuits see their features become smaller and their density rise.

Demand for Modular Test Equipment to Advance the Market

People preferring modular test and measurement solutions is also a major reason the PXI SMU market is growing. Many older traditional devices found on benchtops are not flexible enough for use in advanced automated systems. Because of its modular structure, PXI helps users put together highly customised test equipment by combining SMUs with other instruments inside one chassis.

PXI SMU Market Restraint

High Initial Investment CoststoPose Potential Impediments on this Market

PXI SMUs are used much less widely because, initially, the costs of getting started with these devices and the PXI platform are higher than other options. Instead of single SMUs that you usually find on a benchtop, using PXI SMUs means purchasing both the PXI chassis and individual SMU hardware.

PXI SMU Market Opportunity

Green Energy Productsto Create Opportunity in this Market

Applications on the Rise. The green energy sector offers a big opportunity for the PXI SMU market. Moving to greener energy is encouraging many new ideas and significant spending in solar, wind, and energy storage technologies. Because of this growth, there is a high need for testing and checking the performance of the different systems and parts.

Segmentation

Key Insights

The report covers the following key insights:

• Market drivers, restraints and opportunities
• Influence of key industrial players and key developments
• Semiconductor and electronics industries
• Electrification of the automotive sector

Analysis by Channel

By Channel, the PXI SMU market is divided into 1 Channel, 2 Channel, 4 Channel & Above 4

The 1 Channel segment is suited to testing or analysing one unit at a time using the essential tools available on the PXI platform. More and more systems in this field are being developed to handle the rising demand for cheaper and smaller ways to verify and test electronic components.

Because testing many parts or locations in modern electronics is more complicated, the market for 2-channel PXI SMUs is growing.

Analysis by Application

Based on Application, the market is divided into Semiconductors, LED, Sensors, Green Energy Products, Nanomaterials, Organic & Printed Electronics

Assembling semiconductors on a global scale, now more complex in their structure, directly creates a higher demand for SMUs, resulting in solid PXI-power growth.

With greater attention on energy efficiency and LEDs lasting much longer, more tests are required. This is why the use of PXI SMUs has increased in the LED industry.

Analysis by End User

Based on End User, the market is divided into Aerospace, Defense and Government Services, Automotive, Energy, IT and Telecommunication, Consumer Electronics & Medical Equipment

Aerospace equipment works for a long time and endure harsh conditions, it must be carefully tested and characterised, giving rise to the continuous demand for high-performance PXI SMUs.

The need for faster, better, and safer defence efforts as well as cyber protection is requiring more advanced test and measurement tools.

Regional Analysis

Based on region, the PXI SMU market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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The reasons for North America's large share in the PXI SMU market are the presence of leading semiconductor companies, the aerospace and defence sector, and influential research organisations in the US. Many of these companies constantly work on R&D in telecommunications and the automotive sector and produce consumer electronics, leading to higher demand for advanced PXI SMUs. Greater use of IoT devices and more advanced electronics production are factors helping the market to expand.

• According to U.S. Department of Commerce, there were 78 US semiconductor R&D centers using PXI SMUs in 2023.
• According to U.S. Department of Energy, there were 14 DOE labs integrating PXI platforms in testing systems in 2023.

The PXI SMU market in Europe is shaped by paying close attention to industrial automation, innovation in vehicles, and strong standards for safety, which is especially noticeable in Germany and France. Because of the fast electrification of cars in the region, there is increased demand for PXI SMUs in testing battery management systems and power electronics. Besides, the sector in Europe that is mainly involved in satellite and avionics testing greatly helps the growth in the market.

Because Asia Pacific is a major location for electronics and automobile assembly, it is expected to lead the growth of PXI SMUs globally. The high number of semiconductor and electronics fabrication plants in China, Japan, South Korea, and Taiwan leads to increased demand for PXI SMUs in these places for testing integrated circuits, wireless tools, and electronic parts. More automobiles being made and higher adoption of 5G and IoT in Asia Pacific are driving the growth of this market.

Key Players Covered

The report includes the profiles of the following key players:

• Marvin Test Solutions Inc. (U.S.)
• National Instruments (U.S.)
• Chroma ATE Inc (Taiwan)
• Teradyne Company (U.S.)
• Litepoint (U.S.)
• Pickering Interfaces Ltd. (U.K.)
• Yotta Volt Ltd. (Greece)
• VX Instruments GmbH (Germany)
• Virginia Panel Corporation (U.S.)
• Keysight Technologies (U.S.)

Key Industry Developments

• In November 2019, NI introduced the PXIe-4135, a high-performing single-channel PXI Source Measure Unit suitable for hard-to-meet test and measurement needs.
• In the year 2020, VX Instruments announced their PXIe Source Measure Unit PXS(e)840x family, which provides automated testing solutions. The modules were available with different voltage and current settings, delivering up to 25 W, and having built-in ways to measure both.