Global Vector Network Analyzer (VNA) Market Growth 2025-2031

The global Vector Network Analyzer (VNA) market size is predicted to grow from US$ 507 million in 2025 to US$ 743 million in 2031; it is expected to grow at a CAGR of 6.6% from 2025 to 2031.

A Vector Network Analyzer (VNA) is an advanced electronic test instrument used to measure the electrical characteristics of high-frequency components, circuits, and networks. It is widely utilized in radio frequency (RF) and microwave engineering to analyze parameters such as S-parameters (scattering parameters), gain, phase, impedance, and return loss. VNAs play a crucial role in wireless communication, radar systems, satellite communication, and semiconductor testing, providing precise measurements of signal transmission and reflection properties.

Vector network analyzer (VNA) is a high-precision electronic measuring instrument widely used in radio frequency (RF), microwave, electromagnetic compatibility (EMC) testing, 5G communication, radar system, semiconductor testing and other fields. In recent years, with the rapid development of high-tech industries such as 5G, Internet of Things (IoT), autonomous driving and defense, the VNA market has shown a steady growth trend.

Regional analysis:

The global vector network analyzer market is mainly concentrated in North America, Europe, Asia Pacific and other emerging markets. The United States is the market leader, mainly due to its strong RF technology research and development capabilities, as well as the continued growth of the defense, aerospace and semiconductor industries. The European market is mainly driven by automotive electronics, defense and 5G infrastructure construction, with Germany, the United Kingdom and France as the main markets. China, Japan and South Korea are the fastest growing regions in the Asia-Pacific market. In particular, China is affected by the rapid development of 5G, Internet of Things, semiconductor industry and defense industry.

Price analysis:

The price of vector network analyzers varies depending on factors such as performance, frequency range, number of ports and brand influence. In recent years, with the rise of Chinese manufacturers, some domestic vector network analyzers have begun to provide more cost-effective alternatives in the mid- and low-end markets, creating certain price pressure on European and American brands.

Market competition analysis: The global market competition pattern is still dominated by European and American manufacturers, but Chinese manufacturers are gradually narrowing the technology gap, especially in cost control and localized services.

Market opportunities:

The demand for 5G base station and terminal equipment testing continues to grow, providing more market opportunities for high-frequency VNA. Vector network analyzers play a key role in RF IC and antenna testing. With the rapid development of the semiconductor industry, the demand for VNA will further increase. Demand for military radar, electronic warfare, satellite communications, etc. drives the growth of the high-end VNA market. The technological breakthroughs of Chinese companies in the VNA field have enabled domestic VNA to gradually gain more share in the local market and may enter the international market.

Market risks:

The vector network analyzer market involves high-precision measurement technology, and new entrants face greater R&D challenges. The R&D and production costs of vector network analyzers are high, and the market price competition is fierce, and the profit margin may be limited. Global economic fluctuations may affect companies' spending on R&D and equipment procurement, thereby affecting market demand.

LP Information, Inc. (LPI) ' newest research report, the “Vector Network Analyzer (VNA) Industry Forecast” looks at past sales and reviews total world Vector Network Analyzer (VNA) sales in 2024, providing a comprehensive analysis by region and market sector of projected Vector Network Analyzer (VNA) sales for 2025 through 2031. With Vector Network Analyzer (VNA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vector Network Analyzer (VNA) industry.

This Insight Report provides a comprehensive analysis of the global Vector Network Analyzer (VNA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vector Network Analyzer (VNA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vector Network Analyzer (VNA) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vector Network Analyzer (VNA) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vector Network Analyzer (VNA).

This report presents a comprehensive overview, market shares, and growth opportunities of Vector Network Analyzer (VNA) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
0-10 GHz
10-50 GHz
Above 50 GHz

Segmentation by Application:
Communications
Automotive
Electronic Manufacturing
Aerospace and Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Keysight Technologies
Rohde & Schwarz
Anritsu
Copper Mountain Technologies
Teledyne Technologies
NATIONAL INSTRUMENTS
OMICRON Lab
Chengdu Tianda Instrument
Ceyear
SIGLENT TECHNOLOGIES
iTenest
Transcom
Smartgiant Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vector Network Analyzer (VNA) market?

What factors are driving Vector Network Analyzer (VNA) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vector Network Analyzer (VNA) market opportunities vary by end market size?

How does Vector Network Analyzer (VNA) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.