The radio frequency (RF) signal generator market share is expected to increase by USD 148.64 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.71%.
This radio frequency signal generator market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers radio frequency signal generator market segmentation by application (telecommunications, aerospace and defense, mechanical, and electronics) and geography (APAC, North America, Europe, South America, and MEA). The radio frequency signal generator market report also offers information on several market vendors, including Aaronia AG, Anritsu Corp., Berkeley Nucleonics Corp., Keysight Technologies Inc., National Instruments Corp., Rigol Technologies Inc., Rohde and Schwarz GmbH and Co. KG, Tektronix Inc., Thurlby Thandar Instruments Ltd., and Vaunix Technology Corp. among others.
What will the Radio Frequency Signal Generator Market Size be During the Forecast Period?
Radio Frequency Signal Generator Market: Key Drivers and Challenges
Based on our research output, there has been a positive impact on the market growth during and after post COVID-19 era. The increasing partnerships between vendors and value chain members are notably driving the RF signal generator market growth, although factors such as a rise in demand for rental test equipment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the radio frequency signal generator industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Radio Frequency Signal Generator Market Driver
One of the key factors driving growth in the radio frequency signal generator market is the increasing partnerships between vendors and value chain members. Vendors in the global RF signal generator market are establishing strategic partnerships with value chain members to gain insights on the developments and upgrades of ISO standards across industries, particularly in the telecommunication industry. The need for higher bandwidth applications across all industries is leading to the upgrade of wired and wireless communication standards. Strategic partnerships enable RF signal generator manufacturers to upgrade and develop sophisticated equipment that meets the need for testing receivers, test systems, and electronic components across various industries. Such collaborations will enable players in the value chain to invest in upcoming technologies and conduct advanced R&D of newer products. This is expected to increase the demand for RF signal generators among players across the value chain as RF signal generators are used for testing components and electrical systems.
Key Radio Frequency Signal Generator Market Challenge
The rise in demand for rental test equipment will be a major challenge for the radio frequency signal generator market during the forecast period. Investments in high-performance RF signal generators for specific applications require significant CAPEX. The high ASP of RF signal generators has accelerated the demand for used and rental RF signal generators for T&M purposes. Industries such as aerospace and defense, telecommunication, and semiconductors, which extensively use RF signal generators, are capital-intensive in nature. Thus, end-users in these industries prefer using RF signal generators on a rental basis. This helps them reduce their investment costs and meet their demand for test equipment. Though this business model generates revenue for RF signal generator manufacturers, it is affecting the demand for new RF signal generators. This is expected to adversely affect the revenue inflow of vendors operating in the market, which could result in low profit margins.
This radio frequency signal generator market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Radio Frequency Signal Generator Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Aaronia AG
- Anritsu Corp.
- Berkeley Nucleonics Corp.
- Keysight Technologies Inc.
- National Instruments Corp.
- Rigol Technologies Inc.
- Rohde and Schwarz GmbH and Co. KG
- Tektronix Inc.
- Thurlby Thandar Instruments Ltd.
- Vaunix Technology Corp.
This statistical study of the radio frequency signal generator market encompasses successful business strategies deployed by the key vendors. The RF signal generator market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The radio frequency signal generator market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Radio Frequency Signal Generator Market?
37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for radio frequency signal generators in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
The increasing disposable income and urbanization will facilitate the radio frequency signal generator market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What is the Revenue-generating Application Segments in the Radio Frequency Signal Generator Market?
The radio frequency signal generator market share growth by the aerospace and defense segment will be significant during the forecast period. The aerospace and defense industry is expected to have a steady demand for T&M equipment such as RF signal generators and frequency counters, especially in the commercial aircraft market. There are several RF signal generator solutions that are used for aerospace and defense applications. These factors are expected to influence the demand for testing equipment such as RF signal generators in the aerospace and defense industry.
This report provides an accurate prediction of the contribution of all the segments to the growth of the RF signal generator market size and actionable market insights on the post-COVID-19 impact on each segment.
Radio Frequency Signal Generator Market Scope
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.71% |
Market growth 2021-2025 | $ 148.64 million |
Market structure | Concentrated |
YoY growth (%) | 6.65 |
Regional analysis | APAC, North America, Europe, South America, and MEA |
Performing market contribution | APAC at 37% |
Key consumer countries | US, China, Japan, UK, and Germany |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | Aaronia AG, Anritsu Corp., Berkeley Nucleonics Corp., Keysight Technologies Inc., National Instruments Corp., Rigol Technologies Inc., Rohde and Schwarz GmbH and Co. KG, Tektronix Inc., Thurlby Thandar Instruments Ltd., and Vaunix Technology Corp. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview | If the report has not included the data that the consumers are looking for, they can reach out to the analysts and get segments customized. |
What are the Key Data Covered in this Radio Frequency Signal Generator Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive radio frequency signal generator market growth during the next five years
- Precise estimation of the radio frequency 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 APAC, North America, Europe, 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 RF signal generator market vendors
