Rf Test Equipment Market Key Players, Growth And Forecast 2027
Summary:
A new study title “RF Test Equipment market size, status and
forecast 2027” has been featured on market research future.
Market Overview:
In
its research report, Market Research Future (MRFR, asserts that the global RF test equipment market 2020 is slated to grow
exponentially, securing a substantial market valuation and a healthy CAGR over
the review period.
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Key Players:
The Key Players of the RF Test Equipment Market are Keysight Technologies, Inc. (US), Teledyne Technologies Incorporated
(US), National Instruments (NI) (US), Yokogawa Electric Corporation (Japan),
Siemens (Germany), EXFO Inc. (Canada), Anritsu Corporation (Japan),
Giga-Tronics Incorporated (US), Cobham PLC (UK), VIAVI Solutions Inc. (US),
Fortive (US), and Chroma ATE Inc. (Taiwan), ROHDE&SCHWARZ (Germany),
Atlantic Microwave Ltd (UK), B&K Precision Corporation (US).
Segments:
The
global market for RF test equipment is segmented on form factor, connectivity,
frequency, and end-user.
On
the basis of connectivity, the global RF test equipment market is segmented
into the signal generators, oscilloscope, spectrum analyzers, network
analyzers, and others. The segment of oscilloscopes held the largest market
share in 2018, as this segment has seen substantial growth in demand for RF
test equipment owing, among others, to the design and maintenance of electronic
equipment and laboratory work in the automotive, consumer electronics, IT &
telecommunications, aerospace & defense, and healthcare industries.
On
the basis of the form factor, the global RF test equipment market is divided
into portable, bench-top, and modular. As it provides the highest degree of
repeatability, the bench-top category is projected to retain the most market
share, resulting in a closer connection between instruments with a wider
measuring range, which helps to do better job of minimizing imperfections.
On
the basis of frequency, the global RF test equipment market is divided into
between 1GHz to 6 GHz, less than 1 GHz, and more than 6 GHz. Because of its
excellent frequency response and high precision in swept measurements with
high-frequency probes, the segment is slated to hold the highest market share
between 1GHz and 6 GHz.
On
the basis of end-user, the global RF test equipment market is divided into IT
& automotive, telecommunications, consumer electronics, academic &
research institutions, aerospace & defense, medical, industrial, and
others. The IT & Telecommunications segment is projected to retain the
highest market share as it provides improved network and spectrum quality and
precision, and provides high frequency reading quality.
Regional Analysis:
The
geographical overview of the global market has been analyzed in four major
regions, including Europe, the Asia Pacific, North America, and the rest of the
world.
With
growing innovation in aerospace and defense technology and growing use of RF
equipment in manufacturing industries, Europe is expected to see remarkable
growth in the RF test equipment industry. Furthermore, IoT adoption, wireless
networking, and 5 G network technology growth have prompted the introduction of
RF test equipment in industries such as automotive, IT &
Telecommunications, and healthcare. During the forecast era, the involvement of
major manufacturers and increasing R&D facilities further increases the
demand for RF test equipment in the area.
Increasing
the adoption and deployment of RF and in-building communication technology in
different industries is expected to drive demand in Asia-Pacific for RF test
equipments. In addition, the growing adoption of RF test equipment in the IT
& Telecommunications industry to conduct component testing for tablets,
smartphones, laptops and electronic device circuit design testing and in the
automotive industry to test vehicle components and vehicles is expected to
increase demand for RF test equipment in this area during the forecast period.
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