Signal Generators

Global Signal Generators Market to Reach US$2.2 Billion by 2030

The global market for Signal Generators estimated at US$1.4 Billion in the year 2024, is expected to reach US$2.2 Billion by 2030, growing at a CAGR of 7.5% over the analysis period 2024-2030. Microwave, one of the segments analyzed in the report, is expected to record a 7.8% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the Radio Frequency segment is estimated at 6.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$369.0 Million While China is Forecast to Grow at 11.4% CAGR

The Signal Generators market in the U.S. is estimated at US$369.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$549.5 Million by the year 2030 trailing a CAGR of 11.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 6.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Signal Generators - Key Trends and Drivers

Signal generators are essential devices used in a wide array of applications to produce electronic signals with specific frequencies, amplitudes, and waveforms. These signals are fundamental for testing, designing, and troubleshooting electronic devices and systems. Signal generators come in various forms, including function generators, arbitrary waveform generators, and RF signal generators, each serving distinct purposes. Function generators typically produce simple repetitive waveforms such as sine, square, and triangular waves, and are commonly used in basic electronics testing. Arbitrary waveform generators can create complex waveforms defined by the user, making them ideal for advanced applications in communications and radar systems. RF signal generators, on the other hand, are crucial in the development and testing of radio frequency components, telecommunications equipment, and wireless networks. The versatility and precision of these instruments make them indispensable in research and development, manufacturing, and maintenance of electronic systems.

Technological advancements have significantly enhanced the capabilities and performance of signal generators. Modern signal generators offer higher frequency ranges, improved signal purity, and greater modulation capabilities, allowing for more accurate and reliable testing. Innovations such as direct digital synthesis (DDS) technology have improved signal stability and resolution, enabling the generation of complex and precise waveforms. Additionally, the integration of digital and software-defined features has made signal generators more versatile and easier to use. These devices can now be controlled remotely and integrated into automated testing setups, increasing efficiency and productivity in various applications. The miniaturization of components has also led to the development of portable signal generators, which are particularly useful for field testing and on-site diagnostics. As technology continues to evolve, signal generators are becoming more sophisticated, offering enhanced functionality and performance to meet the growing demands of modern electronics.

The growth in the signal generators market is driven by several factors. The rapid expansion of the telecommunications industry, particularly with the rollout of 5G networks, has significantly increased the demand for advanced signal generators capable of supporting higher frequencies and complex modulation schemes. The proliferation of wireless communication devices and the Internet of Things (IoT) also contribute to the rising demand for signal generators in testing and development processes. Additionally, the increasing complexity of electronic devices and systems, such as automotive electronics, aerospace and defense applications, and medical devices, requires precise and reliable testing equipment, further fueling market growth. The continuous advancements in semiconductor technology and the growing emphasis on research and development in electronics drive the need for sophisticated signal generators. Furthermore, the trend towards automation in testing and manufacturing processes enhances the adoption of signal generators integrated with advanced software and digital control features. Overall, the convergence of technological innovation, expanding application areas, and the rising demand for high-performance electronic devices are key factors driving the growth of the signal generators market.

SCOPE OF STUDY:

The report analyzes the Signal Generators market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Microwave, Radio Frequency, Arbitrary Waveform); Application (Telecommunications, Aerospace & Defense, Electronics Manufacturing, Automotive, Medical, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 101 Featured) -

• Anritsu Corporation
• B&K Precision Corporation
• Boonton Electronics
• Cobham PLC
• Fluke South East Asia Pte Ltd.
• Giga-tronics, Inc.
• Hameg Instruments
• Keysight Technologies, Inc.
• Keysight Technologies, Inc.
• Leader Electronics Corporation
• National Instruments Corporation
• Phase Matrix Inc.
• Rohde & Schwarz GmbH & Co. KG
• Tektronix, Inc.
• Tektronix, Inc.
• Teledyne LeCroy
• Vaunix Technology Corporation
• Yokogawa Electric Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.