Technavio has published a new report on the RF Signal Generator market which is expected to grow by USD $24.92 Million from 2019-2023, progressing at a CAGR of almost 2% during the forecast period. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 on the industry.
The current RF signal generator market is moderately concentrated. RF signal generator manufacturers are focusing on expanding the capability of existing generators for application-specific analyses. According to the report, 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.
By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this RF signal generator industry analysis report will allow users to identify new growth opportunities and design innovative strategies to improve their share in the market. The report offers a complete analysis of various companies including Anritsu, Keysight, National Instruments, Rohde & Schwarz and Tektronix.
The report provides segmentation by applications like Telecommunications, Aerospace & Defense, Mechanical and Electronics. It also segments by geographic landscape.
Global RF Signal Generator Industry Overview
Many automobile manufacturing units such as BMW and Volkswagen are adopting automation solutions in their discrete and manufacturing units to manufacture products, including automobiles and consumer electronic goods. They are also investing heavily in the construction of manufacturing units to expand their production capacity. This results in an increased demand for new equipment such as RF signal generators for production and testing purposes in new manufacturing sites. As a result, the growing number of manufacturing units is one of the critical reasons that will drive the RF signal generator market’s growth.
This report identifies the emergence of USB-controlled RF signal generators as one of the prime reasons driving the radio frequency (RF) signal generator market growth during the next few years. The emergence of USB-controlled RF signal generators is one of the newest trends driving the expansion of the global RF signal generator market. USB-controlled RF signal generators is a low-cost and efficient alternative to the high-cost traditional RF signal generators. These generators eliminate the need for host PC and can be used as RF T&M equipment in an automated test equipment (ATE) setup.
Based on these factors, the global RF signal generator market is forecast to grow at a CAGR of almost 2% between 2019-2023.
Key Highlights of the Global RF Signal Generator Market for the Forecast Years 2019-2023:
CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the RF signal generator market during the next five years
- Precise estimation of the global RF 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 RF signal generator industry across various geographies such as APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of RF signal generator companies
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