Global Spectrum Analyzer Market - Snapshot
A spectrum analyzer is a measuring instrument that displays an electrical signal according to frequency of the electrical signal. Each frequency component contained in the input signal is displayed as a signal level corresponding to that frequency. The spectrum analyzer measures amplitude of an input signal against frequency within the full frequency range of the instrument. With the advent of digital technologies, modern spectrum analyzers possess enhanced functionality along with added capabilities. In addition to this, increasing use of spectrum analyzers in different end-use industries such as electronics & semiconductor, IT & telecommunication, and aerospace & defense drives the global spectrum analyzer market. The global spectrum analyzer market is anticipated to reach value of US$ 2,439.8 Mn by 2026 from US$ 1207.5 Mn in 2017, expanding at a CAGR of 7.8% during the forecast period.
The global spectrum analyzer market has been broadly segmented based on type, form factor, frequency range, end-use industry, and region. Based on type, the market has been divided into swept spectrum analyzer, real-time spectrum analyzer, vector signal analyzer, and others. Based on form factor, the market has been classified into handheld, portable, benchtop, and others. Furthermore, in terms of frequency range, the market has been segmented into less than 6 GHz, 6GHz to 18 GHz, and more than 18 GHz. In terms of end-use industry, the market has been divided into electronics & semiconductor, IT & telecommunication, aerospace & defense, automotive & transportation, health care, and others. In terms of region, the global spectrum analyzer market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The swept spectrum analyzer segment holds a major share of the global spectrum analyzer market and it is expected to continue its dominance during the forecast period. Introduction of new wireless spectrum analyzers is driving the market. However, the market faces challenges, due to high costs of spectrum analyzers. High cost of spectrum analyzers is attributable to their advanced, complex features as well as technologies implemented to test and measure complex signals. Increasing implementation of 5G and LTE technologies is expected to provide significant opportunities to the spectrum analyzer market in the near future.
Considering rapid growth of the market, several players are investing in the spectrum analyzer market. In October 2018, ThinkRF introduced a new handheld real-time spectrum analyzer with GNSS capabilities for wireless applications such as coverage mapping, drive testing, direction finding, transmitter localization, propagation analysis, and vehicle-based spectrum monitoring.
Some of the prominent players operating in the global spectrum analyzer market and profiled in the study are Advantest Corporation, Anritsu Corporation, B&K Precision Corporation, Giga-tronics Incorporated, Keysight Technologies, National Instruments Corporation, RIGOL Technologies Inc., Rohde & Schwarz GmbH & Co., KG, SAF Tehnika, and Tektronix U.K Limited.
Global Spectrum Analyzer Market: Overview
This comprehensive report by Transparency Market Research analyzes and forecasts the spectrum analyzer market at the global and regional levels. The report provides analysis of the market for the period from 2016 to 2026, wherein 2018–2026 is the forecast period and 2017 is the base year. An in-depth and unbiased market assessment has been made to provide readers with in-depth and accurate analysis. The report emphasizes all major trends anticipated in the spectrum analyzer market from 2018 to 2026. It also focuses on market drivers, restraining factors, and opportunities for the global spectrum analyzer market. The study provides a complete perspective on growth of the spectrum analyzer market, in terms of value (US$ Mn) and volume (units), across various geographies including North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The report includes detailed value chain analysis, which provides an extensive view of the global spectrum analyzer market. Porter’s five forces analysis has also been provided to help understand the competition scenario of the market. The study incorporates market attractiveness analysis, wherein type, form factor, frequency range, and end-use industry segments have been benchmarked based on their market size, growth rate, and attractiveness. In order to offer complete analysis of the competition scenario in the spectrum analyzer market, attractiveness analysis of the market in every region has been provided in the report.
The market overview chapter in the report explains market trends and dynamics that include drivers, restraining factors, and the current and future opportunities for the spectrum analyzer market. Market outlook analysis has also been provided in the report. Additionally, the report provides analysis of different business strategies adopted by leading players operating in the global spectrum analyzer market. The market introduction chapter helps in getting an idea of different trends prevalent in the global spectrum analyzer market.
Global Spectrum Analyzer Market: Scope of Report
The spectrum analyzer market in North America has been divided into the U.S., Canada, and Rest of North America. Furthermore, the market in Europe has been segmented into Germany, the U.K., France, and Rest of Europe. The market in Asia Pacific has been classified into China, India, Japan, Australasia, and Rest of Asia Pacific. Middle East & Africa comprises GCC, South Africa, and Rest of Middle East & Africa. Similarly, South America includes Brazil and Rest of South America. The report provides all strategic information required to understand the spectrum analyzer market along with insights into market segments according to geographical regions mentioned above.
Global Spectrum Analyzer Market: Research Methodology
The research methodology is a perfect combination of primary research and secondary research. Secondary research sources include annual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, World Bank database, and market-specific white papers. Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews of the spectrum analyzer market across geographies. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, competition landscape, and growth trends. These factors help validate and strengthen secondary research findings. Moreover, the data collected from secondary and primary research is discussed and examined by TMR’s expert panel.
Global Spectrum Analyzer Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global spectrum analyzer market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investments and R&D activities by major players have been tracked. Some of the key players operating in the global spectrum analyzer market are Advantest Corporation, Anritsu Corporation, B&K Precision Corporation, Giga-tronics Incorporated, Keysight Technologies, National Instruments Corporation, RIGOL Technologies Inc., Rohde & Schwarz GmbH & Co., KG, SAF Tehnika, and Tektronix U.K. Limited.
The global spectrum analyzer market has been segmented as follows:
- Swept Spectrum Analyzer
- Real-time Spectrum Analyzer
- Vector Signal Analyzer
Global Spectrum Analyzer Market, by Form Factor
Global Spectrum Analyzer Market, by Frequency Range
- Less than 6 GHz
- 6 GHz to 18 GHz
- More than 18 GHz
Global Spectrum Analyzer Market, by End-use Industry
- Electronics & Semiconductor
- IT & Telecommunication
- Aerospace & Defense
- Automotive & Transportation
- Health Care
Global Spectrum Analyzer Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America