According to a new market research report “Signal Generator Market by Product, Technology, Applications, End Users (Telecommunication, Electronics Manufacturing, Industrial, Aerospace & Defense, Automotive, Education, and Medical), and by Geography - Global Forecast to 2015 - 2020”, the Global Signal Generator market is expected to reach USD 1.22 Billion by 2020, at a CAGR of 8.23%.
Browse 76 market data tables and 81 figures spread through 183 pages and in-depth TOC on “Signal Generator Market - Global Forecast to 2015 - 2020”
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Signal generators create complex real time signals for real world applications across a number of end-user verticals such as telecommunication, electronics manufacturing, industrial, aerospace & defense, automotive, education & medical.
The growth of global signal generator market is propelled by drivers such as the use of the signal generator in modern communication system environments. The signal generator equipment is used to generate real-time versions of complex signals existing in the real world. Furthermore, the increase in the manufacturing operations in Asia-Pacific region has resulted in increasing demand for test equipment including signal generators in the region thus acting as a driver for the market.
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This report segments the global signal generator market on the basis of product (general-purpose, special-purpose, function generator), technology (2G, 3G, 3.5G to 4G), applications (designing, testing, manufacturing, certification, troubleshooting, repairing), end-users (telecommunication, electronics manufacturing, industrial, aerospace & defense, automotive, education & medical sector). Further, it contains market size estimations, and analysis of trends in the market. The geographic analysis comprises of in-depth classification for the North America, Europe, APAC and the Rest of the world (RoW) regions which have major countries covering the market. Moreover, the Middle-East and Africa have been classified under RoW.
This report also describes the drivers, restraints, opportunities, and challenges with respect to the global signal generator market. Factors which are driving the market include the rise of modern communication systems, such as WiFi and LTE and also the increase in number of R&D and manufacturing centers in APAC region. The restraining factor affecting the market includes pricing pressure caused due to intense competition in global signal generator market. Interdisciplinary use of technologies for the signal generator and the human-machine interface are the key growth opportunities for players in the market. To keep up with the constantly developing technologies in test and measurement market segment is a major challenge which needs to be tackled.
Telecommunication sector represents the major end-user vertical for the global signal generator market. General purpose signal generator segment has higher market share in the telecommunication sector. Aerospace & defense, electronics manufacturing, industrial, automotive, education & medical sector are other important end users of the signal generator.
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The RF, arbitrary waveform, and vector signal generators generate real-time signals used for the testing and measurement of circuits in RADAR, GPS, aerospace and so on. General purpose signal generators and function generators are used extensively in the education sector. Innovations in the field of wireless communication have led to the emergence of technologies such as LTE and WiMAX, due to which the overall test and measurement market is expected to experience growth. North America leads in terms of market share in the global signal generator market. The APAC region is expected to grow the fastest during the period of forecast for the global signal generator market.
Some of the companies involved in the market include Keysight Technologies Inc. (U.S.), Rohde & Schwarz Gmbh & Co Kg (Germany), National Instruments Corporation (U.S.), Anritsu Corporation (Japan), Tektronix Inc. (U.S.), Teledyne Technologies Incorporated (U.S.), B&K Precision Corporation (U.S.), and Keithley Instruments Inc. (U.S.).
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