The vector signal generator market size has the potential to grow by USD 8.96 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. The report analyzes the market’s competitive landscape and offers information on several market vendors, including Analog Devices Inc., Anritsu Corp., Berkeley Nucleonics Corp., Keysight Technologies Inc., National Instruments Corp., Rohde & Schwarz GmbH & Co. KG, Signal Hound, Tektronix Inc., Teradyne Inc., and Transcom Instruments Co. Ltd. Furthermore, this report provides a detailed analysis of the market by end-user (telecom, electronics, automotive, industrial, and others), frequency (6 GHz, 4 GHz, and 2 GHz), and geography (North America, Europe, APAC, South America, and MEA).
Market Overview
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Market Competitive Analysis
The market is fragmented. The key vendors in the market are focusing on product innovation and M&A activities to increase their market share. Analog Devices Inc., Anritsu Corp., and Berkeley Nucleonics Corp. are some of the major market participants. Although the emergence of wireless standards will offer immense growth opportunities, the high price of vector signal generators will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this vector signal generator market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this vector signal generator market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Analog Devices Inc.
- Anritsu Corp.
- Berkeley Nucleonics Corp.
- Keysight Technologies Inc.
- National Instruments Corp.
- Rohde & Schwarz GmbH & Co. KG
- Signal Hound
- Tektronix Inc.
- Teradyne Inc.
- Transcom Instruments Co. Ltd
Vector Signal Generator Market: Segmentation by Geography
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North America was the largest vector signal generator market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as innovation and the implementation of advanced technologies in devices will significantly drive vector signal generator market growth in this region over the forecast period.
34% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for the vector signal generators in North America. Market growth in this region will be slower than the growth of the market in APAC.
Vector Signal Generator Market: Segmentation by End-user
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The electronics segment includes electronic component manufacturers and mobile computing device manufacturers. Major reasons for the growth of the electronics segment is the advent of the IoT and M2M technologies, the rise in the number of mobile computing devices such as smartphones and tablets, the need for signal simulation, and the scope for the development of a standard test system that allows the testing of various components
This report provides an accurate prediction of the contribution of all the segments to the growth of the vector signal generator market size.
Vector Signal Generator Market: Key Drivers and Trends
The emergence of wireless standards is one of the primary factors driving the global vector signal generator market growth. The development of disruptive technologies and the propagation of mobile computing devices such as tablets, wearables, and smartphones will create a scope for the expansion of the internet bandwidth, which, in turn, will boost the need for vector signal generator. With the introduction of new wireless standards such as LTE, 5G, and 4G, consumers are also looking for higher bandwidth applications and services.
The emergence of new communication technologies is one of the key vector signal generator market trends. Telecommunication equipment uses complex modulation formats such as CDMA and OFDM to transmit signals, which, in turn, results in an increased demand for vector signal generator to test these complex signals. Several telecommunication equipments have already been developed to support technologies such as CDMA, LTE, Wi-Fi-IEEE 802 11, WiMAX-IEEE 802 16, and UMTS. The emergence of wireless standards coupled with the introduction of new communication technologies is driving the vector signal generator market growth at a CAGR of over 1% during the forecast period.
Vector Signal Generator Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive vector signal generator market growth during the next five years
- Precise estimation of the vector signal generator market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the vector signal generator industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of vector signal generator market vendors
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