RF Test Equipment Market by Type (Oscilloscopes, Signal Generators, Spectrum Analyzers, Network Analyzers), Form Factor (Benchtop, Portable, Modular), Frequency, Application (Telecommunication, Consumer Electronics), and Region - Global Forecast to 2023
“The global RF test equipment market is expected to register a CAGR of 4.92% between 2017 and 2023”
The RF test equipment market is expected to reach USD 3.21 billion by 2023 from USD 2.41 billion in 2017, at a CAGR of 4.92% between 2017 and 2023. The major factors driving the growth of the RF test equipment market include the growing adoption of wireless networking in in-building communication systems, rising focus on developing 5G network-based devices, and increasing deployment of IoT technology-based devices for various applications. However, the requirement of longer timelines and extended R&D for developing new communication technologies inhibit the overall RF test equipment market growth.
“The market for RF test equipment with more than 6 GHz frequency is expected to witness a significant growth between 2017 and 2023”
With the growing demand for 5G connectivity technology, the demand for RF test equipment with more than 6 GHz frequency is likely to be driven. In October 2017, Qualcomm (US) launched the Snapdragon X50 5G modem chipset. With this launch, the company is able to establish a 5G connection with unprecedented wireless broadband speeds, which is up to 5 gigabits per second download speeds, using multiple 5G carriersas well as is able to demonstrate over-the-air connection, using a tiny 28 GHz mmWave antenna module. Hence, the market for RF test equipment with more than 6 GHz frequency is expected to grow at the highest CAGR during the forecast period.
“Market for benchtop RF test equipment held the largest share in 2016”
The market for benchtop RF test equipment held the largest share of ~62% in 2016. The product development phase is very critical and needs equipment with high-precision performance. Benchtop equipment are offered with high-precision capabilities; therefore, they are preferred by the designers in the product development phase. For instance, Keysight (US) offers most advanced and affordable benchtop signal analyzers. Keysight can increase the longevity of its analyzers by increasing its frequency range based on evolving customer needs.
“APAC held the largest market share in 2016 and is expected to exhibit considerable growth during the forecast period”
Asia Pacific (APAC) is expected to hold the largest share of the RF test equipment market during the forecast period. A number of OEMs as well as semiconductor device and product manufacturers are situated in APAC. The growing demand for RF test equipment is attributed to the increasing number of smartphones and continuous advancements in next-generation telecommunication standards, such as LTE, 4G, and upcoming projects on 5G. Yokogawa Electric (Japan) and Anritsu (Japan) are some of the major RF test equipment providers based in this region.
Break-up of the profiles of primary participants:
Research Coverage:
This research report categorizes the global RF test equipment market on the basis of type, form factor, frequency, application, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the market as well as provides ranking analysis of the key players.
Reasons to Buy the Report:
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the RF test equipment market comprehensively and provides the closest market size estimation for subsegments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, and collaborations.
The RF test equipment market is expected to reach USD 3.21 billion by 2023 from USD 2.41 billion in 2017, at a CAGR of 4.92% between 2017 and 2023. The major factors driving the growth of the RF test equipment market include the growing adoption of wireless networking in in-building communication systems, rising focus on developing 5G network-based devices, and increasing deployment of IoT technology-based devices for various applications. However, the requirement of longer timelines and extended R&D for developing new communication technologies inhibit the overall RF test equipment market growth.
“The market for RF test equipment with more than 6 GHz frequency is expected to witness a significant growth between 2017 and 2023”
With the growing demand for 5G connectivity technology, the demand for RF test equipment with more than 6 GHz frequency is likely to be driven. In October 2017, Qualcomm (US) launched the Snapdragon X50 5G modem chipset. With this launch, the company is able to establish a 5G connection with unprecedented wireless broadband speeds, which is up to 5 gigabits per second download speeds, using multiple 5G carriersas well as is able to demonstrate over-the-air connection, using a tiny 28 GHz mmWave antenna module. Hence, the market for RF test equipment with more than 6 GHz frequency is expected to grow at the highest CAGR during the forecast period.
“Market for benchtop RF test equipment held the largest share in 2016”
The market for benchtop RF test equipment held the largest share of ~62% in 2016. The product development phase is very critical and needs equipment with high-precision performance. Benchtop equipment are offered with high-precision capabilities; therefore, they are preferred by the designers in the product development phase. For instance, Keysight (US) offers most advanced and affordable benchtop signal analyzers. Keysight can increase the longevity of its analyzers by increasing its frequency range based on evolving customer needs.
“APAC held the largest market share in 2016 and is expected to exhibit considerable growth during the forecast period”
Asia Pacific (APAC) is expected to hold the largest share of the RF test equipment market during the forecast period. A number of OEMs as well as semiconductor device and product manufacturers are situated in APAC. The growing demand for RF test equipment is attributed to the increasing number of smartphones and continuous advancements in next-generation telecommunication standards, such as LTE, 4G, and upcoming projects on 5G. Yokogawa Electric (Japan) and Anritsu (Japan) are some of the major RF test equipment providers based in this region.
Break-up of the profiles of primary participants:
- By Company: Tier 1 – 25%, Tier 2 – 40%, and Tier 3 – 35%
- By Designation: C-Level Executives – 50%, Directors – 32%, and Others – 18%
- By Region: North America – 32%, Europe – 30%, Asia Pacific – 24%, and Rest of the World – 14%
Research Coverage:
This research report categorizes the global RF test equipment market on the basis of type, form factor, frequency, application, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the market as well as provides ranking analysis of the key players.
Reasons to Buy the Report:
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the RF test equipment market comprehensively and provides the closest market size estimation for subsegments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, and collaborations.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary source
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.1.3 PRIMARY AND SECONDARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP–DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE RF TEST EQUIPMENT MARKET
4.2 RF TEST EQUIPMENT MARKET, BY TYPE
4.3 RF TEST EQUIPMENT MARKET, BY APPLICATION AND REGION
4.4 RF TEST EQUIPMENT MARKET, BY FREQUENCY
4.5 RF TEST EQUIPMENT MARKET, BY FORM FACTOR
4.6 RF TEST EQUIPMENT MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing adoption of wireless networking in in-building communication systems
5.2.1.2 Rising focus on developing 5G network-based devices
5.2.1.3 Increasing deployment of IoT technology-based devices for various applications
5.2.2 RESTRAINTS
5.2.2.1 Requirement of longer timelines and extended R&D for developing new communication technologies
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of RF instruments for automotive applications
5.2.3.2 Adoption of wireless technology-based devices for proximity marketing
5.2.4 CHALLENGES
5.2.4.1 Requirement of huge capital to stay competitive
6 RF TEST EQUIPMENT MARKET, BY TYPE
6.1 INTRODUCTION
6.2 OSCILLOSCOPES
6.3 SIGNAL GENERATORS
6.4 SPECTRUM ANALYZERS
6.5 NETWORK ANALYZERS
6.6 OTHERS
7 RF TEST EQUIPMENT MARKET, BY FORM FACTOR
7.1 INTRODUCTION
7.2 BENCHTOP
7.3 PORTable
7.4 MODULAR
8 RF TEST EQUIPMENT MARKET, BY FREQUENCY
8.1 INTRODUCTION
8.2 LESS THAN 1 GHZ
8.3 1 GHZ TO 6 GHZ
8.4 MORE THAN 6 GHZ
9 RF TEST EQUIPMENT MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 TELECOMMUNICATIONS
9.3 CONSUMER ELECTRONICS
9.4 AUTOMOTIVE
9.5 INDUSTRIAL
9.6 AEROSPACE AND DEFENSE
9.7 MEDICAL
9.8 RESEARCH AND EDUCATION
10 GEOGRAPHIC ANALYSIS
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 INDIA
10.4.4 REST OF APAC
10.5 REST OF THE WORLD
10.5.1 MIDDLE EAST AND AFRICA
10.5.2 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 RF TEST EQUIPMENT MARKET RANKING, 2016
11.3 COMPETITIVE SCENARIO
11.4 DEVELOPMENTS
11.4.1 NEW PRODUCT LAUNCHES
11.4.2 ACQUISITIONS
11.4.3 PARTNERSHIPS & COLLABORATIONS
12 COMPANY PROFILES
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.1 KEYSIGHT TECHNOLOGIES
12.2 FORTIVE
12.3 ROHDE & SCHWARZ
12.4 ANRITSU
12.5 NATIONAL INSTRUMENTS
12.6 COBHAM
12.7 EXFO
12.8 TERADYNE
12.9 VIAVI SOLUTIONS
12.10 GIGA-TRONICS
12.11 YOKOGAWA ELECTRIC
12.12 CHROMA ATE
12.13 TELEDYNE TECHNOLOGIES
12.14 GOOD WILL INSTRUMENTS
12.15 B&K PRECISION
12.16 KEY STARTUP COMPANIES
12.16.1 PRISMA TELECOM TESTING
12.16.2 INFINITE ELECTRONICS
12.16.3 ERA INSTRUMENTS
12.16.4 FREEDOM COMMUNICATION TECHNOLOGIES
12.16.5 SALUKI TECHNOLOGY
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary source
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.1.3 PRIMARY AND SECONDARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP–DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE RF TEST EQUIPMENT MARKET
4.2 RF TEST EQUIPMENT MARKET, BY TYPE
4.3 RF TEST EQUIPMENT MARKET, BY APPLICATION AND REGION
4.4 RF TEST EQUIPMENT MARKET, BY FREQUENCY
4.5 RF TEST EQUIPMENT MARKET, BY FORM FACTOR
4.6 RF TEST EQUIPMENT MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing adoption of wireless networking in in-building communication systems
5.2.1.2 Rising focus on developing 5G network-based devices
5.2.1.3 Increasing deployment of IoT technology-based devices for various applications
5.2.2 RESTRAINTS
5.2.2.1 Requirement of longer timelines and extended R&D for developing new communication technologies
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of RF instruments for automotive applications
5.2.3.2 Adoption of wireless technology-based devices for proximity marketing
5.2.4 CHALLENGES
5.2.4.1 Requirement of huge capital to stay competitive
6 RF TEST EQUIPMENT MARKET, BY TYPE
6.1 INTRODUCTION
6.2 OSCILLOSCOPES
6.3 SIGNAL GENERATORS
6.4 SPECTRUM ANALYZERS
6.5 NETWORK ANALYZERS
6.6 OTHERS
7 RF TEST EQUIPMENT MARKET, BY FORM FACTOR
7.1 INTRODUCTION
7.2 BENCHTOP
7.3 PORTable
7.4 MODULAR
8 RF TEST EQUIPMENT MARKET, BY FREQUENCY
8.1 INTRODUCTION
8.2 LESS THAN 1 GHZ
8.3 1 GHZ TO 6 GHZ
8.4 MORE THAN 6 GHZ
9 RF TEST EQUIPMENT MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 TELECOMMUNICATIONS
9.3 CONSUMER ELECTRONICS
9.4 AUTOMOTIVE
9.5 INDUSTRIAL
9.6 AEROSPACE AND DEFENSE
9.7 MEDICAL
9.8 RESEARCH AND EDUCATION
10 GEOGRAPHIC ANALYSIS
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 INDIA
10.4.4 REST OF APAC
10.5 REST OF THE WORLD
10.5.1 MIDDLE EAST AND AFRICA
10.5.2 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 RF TEST EQUIPMENT MARKET RANKING, 2016
11.3 COMPETITIVE SCENARIO
11.4 DEVELOPMENTS
11.4.1 NEW PRODUCT LAUNCHES
11.4.2 ACQUISITIONS
11.4.3 PARTNERSHIPS & COLLABORATIONS
12 COMPANY PROFILES
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.1 KEYSIGHT TECHNOLOGIES
12.2 FORTIVE
12.3 ROHDE & SCHWARZ
12.4 ANRITSU
12.5 NATIONAL INSTRUMENTS
12.6 COBHAM
12.7 EXFO
12.8 TERADYNE
12.9 VIAVI SOLUTIONS
12.10 GIGA-TRONICS
12.11 YOKOGAWA ELECTRIC
12.12 CHROMA ATE
12.13 TELEDYNE TECHNOLOGIES
12.14 GOOD WILL INSTRUMENTS
12.15 B&K PRECISION
12.16 KEY STARTUP COMPANIES
12.16.1 PRISMA TELECOM TESTING
12.16.2 INFINITE ELECTRONICS
12.16.3 ERA INSTRUMENTS
12.16.4 FREEDOM COMMUNICATION TECHNOLOGIES
12.16.5 SALUKI TECHNOLOGY
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
LIST OF TABLES
Table 1 RF TEST EQUIPMENT MARKET IN TERMS OF VALUE AND VOLUME, BY TYPE, 2015–2023
Table 2 RF TEST EQUIPMENT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 3 RF TEST EQUIPMENT MARKET, BY TYPE, 2015–2023 (THOUSAND UNITS)
Table 4 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY APPLICATION, 2015–2023 (USD MILLION)
Table 5 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 6 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 7 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY REGION, 2015–2023 (USD MILLION)
Table 8 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 9 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 10 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 11 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY REGION, 2015–2023 (USD MILLION)
Table 12 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 13 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 14 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 15 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY REGION, 2015–2023 (USD MILLION)
Table 16 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 17 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 18 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 19 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY REGION, 2015–2023 (USD MILLION)
Table 20 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY APPLICATION, 2015–2023 (USD MILLION)
Table 21 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 22 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 23 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY REGION, 2015–2023 (USD MILLION)
Table 24 RF TEST EQUIPMENT MARKET, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 25 BENCHTOP RF TEST EQUIPMENT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 26 PORTable RF TEST EQUIPMENT MARKEY, BY TYPE, 2015–2023 (USD MILLION)
Table 27 MODULAR RF TEST EQUIPMENT MARKEY, BY TYPE, 2015–2023 (USD MILLION)
Table 28 RF TEST EQUIPMENT MARKET, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 29 MARKET FOR RF TEST EQUIPMENT WITH LESS THAN 1 GHZ FREQUENCY, BY TYPE, 2015–2023 (USD MILLION)
Table 30 MARKET FOR RF TEST EQUIPMENT WITH 1 GHZ TO 6 GHZ FREQUENCY, BY TYPE, 2015–2023 (USD MILLION)
Table 31 MARKET FOR RF TEST EQUIPMENT WITH MORE THAN 6 GHZ FREQUENCY, BY TYPE, 2015–2023 (USD MILLION)
Table 32 GLOBAL SMARTPHONE MARKET, BY REGION, 2015–2023 (MILLION UNITS)
Table 33 RF TEST EQUIPMENT MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 34 RF TEST EQUIPMENT MARKET FOR TELECOMMUNICATIONS APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 35 RF TEST EQUIPMENT MARKET FOR TELECOMMUNICATIONS APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 36 RF TEST EQUIPMENT MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 37 RF TEST EQUIPMENT MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 38 RF TEST EQUIPMENT MARKET FOR AUTOMOTIVE APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 39 RF TEST EQUIPMENT MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 40 RF TEST EQUIPMENT MARKET FOR INDUSTRIAL APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 41 RF TEST EQUIPMENT MARKET FOR INDUSTRIAL APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 42 RF TEST EQUIPMENT MARKET FOR AEROSPACE AND DEFENSE APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 43 RF TEST EQUIPMENT MARKET FOR AEROSPACE AND DEFENSE APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 44 RF TEST EQUIPMENT MARKET FOR MEDICAL APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 45 RF TEST EQUIPMENT MARKET FOR MEDICAL APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 46 RF TEST EQUIPMENT MARKET FOR RESEARCH AND EDUCATION APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 47 RF TEST EQUIPMENT MARKET FOR RESEARCH AND EDUCATION APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 48 RF TEST EQUIPMENT MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 49 RF TEST EQUIPMENT MARKET IN NORTH AMERICA, BY TYPE, 2015–2023 (USD MILLION)
Table 50 RF TEST EQUIPMENT MARKET IN NORTH AMERICA, BY APPLICATION, 2015–2023 (USD MILLION)
Table 51 RF TEST EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 52 RF TEST EQUIPMENT MARKET IN EUROPE, BY TYPE, 2015–2023 (USD MILLION)
Table 53 RF TEST EQUIPMENT MARKET IN EUROPE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 54 RF TEST EQUIPMENT MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 55 RF TEST EQUIPMENT MARKET IN APAC, BY TYPE, 2015–2023 (USD MILLION)
Table 56 RF TEST EQUIPMENT MARKET IN APAC, BY APPLICATION, 2015–2023 (USD MILLION)
Table 57 RF TEST EQUIPMENT MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 58 RF TEST EQUIPMENT MARKET IN ROW, BY TYPE, 2015–2023 (USD MILLION)
Table 59 RF TEST EQUIPMENT MARKET IN ROW, BY APPLICATION, 2015–2023 (USD MILLION)
Table 60 RF TEST EQUIPMENT MARKET IN ROW, BY COUNTRY, 2015–2023 (USD MILLION)
Table 1 RF TEST EQUIPMENT MARKET IN TERMS OF VALUE AND VOLUME, BY TYPE, 2015–2023
Table 2 RF TEST EQUIPMENT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 3 RF TEST EQUIPMENT MARKET, BY TYPE, 2015–2023 (THOUSAND UNITS)
Table 4 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY APPLICATION, 2015–2023 (USD MILLION)
Table 5 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 6 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 7 RF TEST EQUIPMENT MARKET FOR OSCILLOSCOPES, BY REGION, 2015–2023 (USD MILLION)
Table 8 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 9 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 10 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 11 RF TEST EQUIPMENT MARKET FOR SIGNAL GENERATORS, BY REGION, 2015–2023 (USD MILLION)
Table 12 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 13 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 14 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 15 RF TEST EQUIPMENT MARKET FOR SPECTRUM ANALYZERS, BY REGION, 2015–2023 (USD MILLION)
Table 16 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 17 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 18 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 19 RF TEST EQUIPMENT MARKET FOR NETWORK ANALYZERS, BY REGION, 2015–2023 (USD MILLION)
Table 20 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY APPLICATION, 2015–2023 (USD MILLION)
Table 21 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 22 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 23 RF TEST EQUIPMENT MARKET FOR OTHER TYPES, BY REGION, 2015–2023 (USD MILLION)
Table 24 RF TEST EQUIPMENT MARKET, BY FORM FACTOR, 2015–2023 (USD MILLION)
Table 25 BENCHTOP RF TEST EQUIPMENT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 26 PORTable RF TEST EQUIPMENT MARKEY, BY TYPE, 2015–2023 (USD MILLION)
Table 27 MODULAR RF TEST EQUIPMENT MARKEY, BY TYPE, 2015–2023 (USD MILLION)
Table 28 RF TEST EQUIPMENT MARKET, BY FREQUENCY, 2015–2023 (USD MILLION)
Table 29 MARKET FOR RF TEST EQUIPMENT WITH LESS THAN 1 GHZ FREQUENCY, BY TYPE, 2015–2023 (USD MILLION)
Table 30 MARKET FOR RF TEST EQUIPMENT WITH 1 GHZ TO 6 GHZ FREQUENCY, BY TYPE, 2015–2023 (USD MILLION)
Table 31 MARKET FOR RF TEST EQUIPMENT WITH MORE THAN 6 GHZ FREQUENCY, BY TYPE, 2015–2023 (USD MILLION)
Table 32 GLOBAL SMARTPHONE MARKET, BY REGION, 2015–2023 (MILLION UNITS)
Table 33 RF TEST EQUIPMENT MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 34 RF TEST EQUIPMENT MARKET FOR TELECOMMUNICATIONS APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 35 RF TEST EQUIPMENT MARKET FOR TELECOMMUNICATIONS APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 36 RF TEST EQUIPMENT MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 37 RF TEST EQUIPMENT MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 38 RF TEST EQUIPMENT MARKET FOR AUTOMOTIVE APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 39 RF TEST EQUIPMENT MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 40 RF TEST EQUIPMENT MARKET FOR INDUSTRIAL APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 41 RF TEST EQUIPMENT MARKET FOR INDUSTRIAL APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 42 RF TEST EQUIPMENT MARKET FOR AEROSPACE AND DEFENSE APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 43 RF TEST EQUIPMENT MARKET FOR AEROSPACE AND DEFENSE APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 44 RF TEST EQUIPMENT MARKET FOR MEDICAL APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 45 RF TEST EQUIPMENT MARKET FOR MEDICAL APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 46 RF TEST EQUIPMENT MARKET FOR RESEARCH AND EDUCATION APPLICATION, BY TYPE, 2015–2023 (USD MILLION)
Table 47 RF TEST EQUIPMENT MARKET FOR RESEARCH AND EDUCATION APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 48 RF TEST EQUIPMENT MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 49 RF TEST EQUIPMENT MARKET IN NORTH AMERICA, BY TYPE, 2015–2023 (USD MILLION)
Table 50 RF TEST EQUIPMENT MARKET IN NORTH AMERICA, BY APPLICATION, 2015–2023 (USD MILLION)
Table 51 RF TEST EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 52 RF TEST EQUIPMENT MARKET IN EUROPE, BY TYPE, 2015–2023 (USD MILLION)
Table 53 RF TEST EQUIPMENT MARKET IN EUROPE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 54 RF TEST EQUIPMENT MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 55 RF TEST EQUIPMENT MARKET IN APAC, BY TYPE, 2015–2023 (USD MILLION)
Table 56 RF TEST EQUIPMENT MARKET IN APAC, BY APPLICATION, 2015–2023 (USD MILLION)
Table 57 RF TEST EQUIPMENT MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 58 RF TEST EQUIPMENT MARKET IN ROW, BY TYPE, 2015–2023 (USD MILLION)
Table 59 RF TEST EQUIPMENT MARKET IN ROW, BY APPLICATION, 2015–2023 (USD MILLION)
Table 60 RF TEST EQUIPMENT MARKET IN ROW, BY COUNTRY, 2015–2023 (USD MILLION)
According to the new market research report on the "RF Test Equipment Market by Type (Oscilloscopes, Signal Generators, Spectrum Analyzers, Network Analyzers), Form Factor (Benchtop, Portable, Modular), Frequency, Application (Telecommunication, Consumer Electronics), and Region - Global Forecast to 2023", this market is expected to be worth USD 3.21 Billion by 2023 from USD 2.41 Billion in 2017, at a CAGR of 4.92% between 2017 and 2023.
The key players in this industry are
- Anritsu (Japan),
- Fortive (US),
- Keysight Technologies (US),
- National Instruments (US),
- Rohde & Schwarz (Germany),
- Teradyne (US),
- Yokogawa Electric (Japan),
- Teledyne Technologies (US),
- Cobham (UK),
- EXFO (US),
- Giga-tronics (US),
- Chroma ATE (Taiwan),
- Good Will Instruments (Taiwan),
- B&K Precision (US).
Modular RF test equipment to grow at the highest rate during the forecast period
The market for modular RF test equipment is estimated to register the highest CAGR during the forecast period. This is attributed to its characteristics such as the ability to manage and analyze large datasets in real time and high-precision performance. Also, modular instruments have the ability to manage and analyze large datasets in real time. The introduction of the PXI (PCI extensions for instrumentation) standard as an extension of Compact PCI by National Instruments (US) helped OEMs to provide cost-efficient equipment and well-performing modular system components, which are among the prime reasons for its faster growth.
RF test equipment with a frequency range of 1 GHz to 6 GHz hold the largest share during the forecast period
Many RF equipment conform to the IEEE802.11b/g/n wireless standards, using 2.4 GHz frequency. Owing to the rising demand for seamless connectivity with higher data rate, Wi-Fi technology-based RF equipment, which conform the IEEE802.11a wireless standards, with a frequency range of 5 GHz to 6 GHz are in high demand. Hence, RF test equipment with a frequency range of 1 GHz to 6 GHz are used for most industrial IoT-related applications. These factors drive the growth of the market for RF test equipment with a frequency range of 1 GHz to 6 GHz.
RF test equipment in APAC to grow at the highest rate during the forecast period
APAC is expected to be the fastest-growing market for RF test equipment during 2017-2023. A number of OEMs as well as semiconductor device and product manufacturers are situated in APAC. The growing demand for RF test equipment is attributed to the increasing number of smartphones and continuous advancements in next-generation telecommunication standards, such as LTE, 4G, and upcoming projects on 5G. Moreover, favorable regulatory policies for the approval of new semiconductor technologies and the saturation of the market in developed countries are the factors that intensify the interest of foreign players in Asia Pacific.
The report profiles the most promising players in the RF test equipment. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players.
