Market Research Future published a research report on “RF Test Equipment Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
— Market Highlights
Oscilloscopes are considered as one of the most flexible test equipment which are used to display and analyze the waveform of electronic signals. The oscilloscopes give a graphical representation of waveforms which represents the operational view of a circuit. This unique feature of oscilloscopes makes one of the critical equipment for various purposes such as designing the electronics circuit, production test and for training purposes.
Oscilloscopes are comparatively expensive than other equipment such as digital multimeter and one of the complicated items of test equipment. Furthermore, radio frequency (RF) network analyzer is extensively used by RF design laboratories. The RF network analyzer is implemented for determining the response of devices at RF or microwave frequencies. The RF network analyzers are closely related to microwave type frequencies. However, the RF network analyzers can determine much lower frequencies up to 1 Hz.
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RF test equipment is widely used in different commercial applications such as IT & telecommunications, consumer electronics, automotive, aerospace & defense, academic & research institutions, medical, industrial, and others. Additionally, with the advent of technology, many manufacturers are evolving new series of product for better transmission of signals. For instance, AtlanTecRF, a one of the leading RF and microwave satcom, RF test equipment and component manufacturer, unveiled advanced Multi-Path Satellite Simulator System (the MSS Series). The MSS Systems have been designed and developed to transmit the voice-data on two ground-based or mobile satcom stations, at the real time which can be used for testing purpose.
Some of the key players of Rf Test Equipment Market include Anritsu (Japan), Fortive (U.S.), Keysight (U.S.), Avnet Silica (Belgium), Teledyne Technologies (U.S.), Cobham (U.K), EXFO (U.S.), AtlanTecRF (U.K),National Instruments (U.S.), Rohde & Schwarz (Germany), Teradyne (U.S.), Giga-tronics (U.S.), Chroma (Taiwan), Good Will Instruments (Taiwan), B&K Precision (U.S.), and Yokogawa Electric (Japan).
The RF test equipment market is segmented by type, form factor, frequency, and end-user.
By type, the market is segmented into network analyzers, spectrum analyzers, signal generators, oscilloscopes, and others. The oscilloscopes segment is expected to maintain a large share of the RF test equipment market till 2023 thanks to the installation of robust infrastructure and supporting networking technologies. Network analyzers can also carve out a significant portion of the market owing to its ability to detect lower frequencies
By form factor, the market is segmented into portable, modular, and bench-top. Among these, the modular segment is predicted to exhibit a robust CAGR over the forecast period owing to analysis and management of huge datasets in real-time. Introduction of new standards by instrumentation-specializing companies which assist original equipment manufacturers to produce modular equipment is likely to augur well for the segment till 2023.
By frequency, it comprises less than 1 GHz, between 1 GHz to 6 GHz, and more than 6 GHz. The ‘between 1 GHz to 6 GHz’ segment is likely to drive the massive demand for the RF test equipment market owing to the emergence of industrial IoT applications.
End-users in the RF test equipment market include aerospace & defense, industrial, IT & telecommunications, consumer electronics, automotive, medical, academic & research institutions, and others. The consumer electronics segment accounted for a major market revenue share in 2017. Increased spending patterns of consumers on portable devices and tablets is likely to boost the segment growth till 2023.
The Asia Pacific region is expected to be highly lucrative for the RF test equipment market till 2023. This can be credited to huge demand for consumer electronics coupled with disposable income levels in China, Japan, and India. Favorable regulations in the region combined with continuous advances of next-generation communication standards can bolster market demand.
The North America region is projected to contribute massively to the global market owing to the presence of various instrumentation and testing tools manufacturers. The high adoption rates of latest smartphones conforming to the latest wireless standards are expected to bode well for the region. In addition, demand from telecommunication and consumer electronics companies can fuel market demand. High data traffic witnessed in region and penetration of modular instruments are likely to augur well for the region.
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• Electronics and semiconductor companies
• Technical standards organizations
• Research institutes and organizations
• Government and financial institutions
• Venture capitalists
• Private equity firms
• Analysts and strategic business planners
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Name: Abhishek Sawant
Organization: Market Research Future
Release ID: 482380