Global Radio Frequency (RF) Signal Generator Market 2017-2021
About Radio Frequency Signal Generator
RF signal generators are used to produce continuous wave tones. These are used for testing receivers, test systems, and components in a variety of applications such as industrial, mechanical, and telecommunications. RF signal generators range from a few kHz to 6 GHz. They are used whenever an RF signal is needed for a unit or circuit, which is in the development or testing phase. They come in different forms and are equipped with many capabilities.
Technavio’s analysts forecast the global radio frequency signal generator market to grow at a CAGR of 1.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global radio frequency signal generator market for 2017-2021. To calculate the market size, the report considers the revenues from the aerospace and defense, electronics, and mechanical and telecommunications segments have been considered for the segmentation by end-user.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Radio Frequency Signal Generator Market 2017-2021
Technavio recognizes the following companies as the key players in the global radio frequency signal generator market: Keysight Technologies, Rohde & Schwarz, Tektronix, National Instruments, and Anritsu.
Other Prominent Vendors in the market are: Aim-TTi, Anapico, Berkeley Nucleonics Corporation (BNC), and B&K Precision.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of 5G. 5G is an integrated, global network that provides a comprehensive IP solution to users where voice, data, and streamed multimedia can be given on a anytime and anywhere basis. 5G is also a driving factor for the growth of IoT. Service providers and vendors are joining hands to form efficient multiplatforms that can support multiple functionalities and applications to have 5G platform.”
According to the report, one of the major drivers for this market is The advent of LTE-A. 4G LTE-A is the next version of LTE, which is developed by 3GPP to meet the requirements of International Telecommunication Union (ITU) by standardizing LTE-A that would be a part of release 10. The main new functionalities for release 10 are carrier aggregation (CA), relay nodes support, enhanced uplink, and use of the multi-antenna technique.
Further, the report states that one of the major factors hindering the growth of this market is High price of RF signal generators. The RF signal generators are expensive as these are used in testing of the upcoming technologies. Accuracy and efficiency are the key factors that need to be focused on at the design stage of the RF signal generators. In 2016, the ASP of a RF signal generator was $76,857.01, and it is expected to reduce by 5% during the forecast period. The high pricing has given rise to the rental test equipment, and its demand is increasing in the market as it is available at half of the new product's price.
Keysight Technologies, Rohde & Schwarz, Tektronix, National Instruments, Anritsu, Aim-TTi, Anapico, Berkeley Nucleonics Corporation (BNC), and B&K Precision.
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