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Technavio’s market research analyst predicts that the global signal generator market will grow at a modest CAGR of just over 9% during the forecast period. One of the primary drivers for this market is the growing adoption of electronic devices. Advances in wireless and signal transferring technology coupled with the advent of fast processors have led to the introduction of quite a few smart devices to the market. This, in turn, has resulted in a rise in the demand for signal generators as it helps to test current flow in internal circuits. Manufacturers of electronic products like smartphones, iPads, and even consumer durables such as washing machines and microwave ovens have started incorporating sensors and new technologies into their devices to differentiate their products. This recent increase in the use of sensors and other advanced technologies will bolster the need for signal generators during pre-production processes like designing and post manufacturing to check the conformance and accuracy of products.
In this industry research report, the analysts estimate that among the different trends, increased outsourcing will have a significant impact on this market’s growth potential over the next few years. Recent advances in technologies from 2G to more advanced technologies like LTE and LTE-A has necessitated the need for continuous maintenance and quality testing of frequency and spectrum. As a result, many telecom companies have been compelled to test these technologies using signal generators to ensure enhanced quality of service to their customers.
The communication industry, primarily the telecom sector, accounted for the largest share of the global signal generator market in 2015 and is envisaged to account for more than 29%of the total market share by 2020. Much of this growth can be attributed to the presence of a large subscriber base in APAC, which in turn will drive the demand for testing equipment, such as signal generators, during the forecast period.
The Americas region was the market leader for signal generators in 2015 and is expected to post increases in market share by 2020. This market will grow at a CAGR of just over 9% during the forecast period. Due to the presence of tech-savvy customers in this region, vendors are able to market the advanced signal generators. This increase in the sale of advanced signal generators will result in the strong growth of this market in the Americas.
The global signal generator market has well diversified international, regional, and local vendors. Several local providers offer application-specific products to meet different end-user needs. The entry of a number of local vendors in the market is made difficult due to tough competition from international vendors on issues such as quality, durability, technological innovations, and reliability. The level of competition will intensify with a rise in innovations as well as M&As. In this market, the global vendors will acquire regional or even local players during the forecast period as it will help them to bolster their revenue generating capacity.
Key vendors in the market are -
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Signal generators are also known as function generators, RF and microwave signal generators, arbitrary waveform generators, pitch generators, digital pattern generators, or frequency generators. They are electronic devices that generate repeating or non-repeating electronic signals in either the analog or digital domains. Signal generators are commonly used for designing, testing, troubleshooting, and repairing electronic or electroacoustic devices.
The report, global signal generator market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Future outlook
PART 07: Buying behavior
PART 08: Technology landscape
PART 09: Market segmentation by end-user
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
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