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The latest trend gaining momentum in the vector signal generator market is development of 5G. The 5G technology for mobile systems is in the early stage of development. There are several market participants, including test and measurement equipment manufacturers, and research, which are working on the development of 5G networks. The standard bodies are primarily adopted by the 3rd Generation Partnership Project (3GPP) that organizes and manages the standards and development of mobile communication standards.Complete report on vector signal generator market spread across 88 pages, analyzing 4 major companies and providing 27 data exhibits are now available at http://www.reportsnreports.com/reports/1076540-global-vector-signal-generator-market-2017-2021.html.
According to the vector signal generator market report, one of the major drivers for this industry is growing demand for vector signal generators supporting frequencies up to 20 GHz. Some of the major features, such as flexibility, performance, and intuitive operation, are also available for the users of the microwave range, which generate complex multichannel scenarios. For instance, the R&S SMW200A vector signal generates the two wideband signals with various types of modulation, using a single device for up to a frequency of 20 GHz. They can be set up over the entire frequency range during fading and MIMO scenarios as well. The upgrade of the device to 20 GHz primarily addresses the testing needs of engineers in the wireless communications and defense industries.
The following companies as the key players in the global vector signal generator market: Anritsu, Keysight Technologies, National Instruments, and Tektronix. Other prominent vendors in the market are: B&K Precision, ROHDE&SCHWARZ, Signal Hound, and Teledyne Technologies.
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Global Vector Signal Generator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this industry. The report covers the present scenario and the growth prospects of the global vector signal generator market for 2017-2021. To calculate the market size, the report considers the sales of the vector signal generator and exclude the aftermarket sale.
Further, the vector signal generator market report states that one of the major factors hindering the growth of this market is high price of vector signal generators. Vector signal generators are highly priced as they are primarily used for the testing and measurement of the emerging advanced technologies that are in the development process. Hence, the product selection from the end-user is application specific and to certain extent customized. In 2016, the ASP of the vector signal generator was $ 29,879.43, and it is expected to reduce by 5% during the forecast period. The high pricing has given rise to the rental test equipment, and its demand is gaining popularity in the industry as it is done at half the price of the product.
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The vector signal generator market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report
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