Overview:

Radio frequency has both electric and magnetic component and when currents is passed through antenna it creates an electromagnetic field that is capable to spread through space. RF is used by various end use industries

Market Dynamics:

Rapid advancements in electronics sectors, rising demand for consumers electronics with advanced features, coupled with increasing adoption of wireless networking in in-building communication systems are major factors driving growth of the global RF test equipment market. In addition, high adoption of smart phones with advanced wireless technology and rising demand for RF test equipment from telecommunication sector is another important factor expected to positively impact the target market growth.

Major players inclination towards developing countries in order to enhance the customer base and increase the profit ratio is another factor expected to augment growth of the target market.

However, factors such as high initial investment and longer time period for R&D activities are expected to hamper the growth of global RF test equipment market.

Key Trends:

Major players approach towards product innovation and introduction of innovative solutions is the key trend observed in the target market. In 2017, Keysight Technologies launched M9383A PXIe product an analog and vector signal generator with frequency coverage up to 44 GHz and modulation bandwidth up to 1 GHz. This product launch is expected to help the company to enhance the customer base.

Regional Analysis:

For detailed understanding of market dynamics, the global RF test equipment market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific accounted for the significant revenue share in 2018, owing to flourishing electronic and telecommunication sector. In addition, high penetration of smart phones, rising demand for high speed internet, along with increasing demand for RF-enabled electronics such as laptops, tablets, microwave ovens, etc. are among other factors expected to further support the growth of regional market.

Scope of the Report:

Detailed Segmentation:

Global RF Test Equipment Market, By Type:

• Oscilloscopes
• Signal Generators
• Spectrum Analyzers
• Network Analyzers
• Others (Power Meters, Power Sensors, and Multi-meters)

Global RF Test Equipment Market, By Frequency:

• Less than 1 GHz
• 1 GHz to 6 GHz
• More than 6 GHz

Global RF Test Equipment Market, By Application:

• Telecommunications
• Consumer Electronics
• Automotive
• Aerospace & Defense
• Industrial
• Medical
• Research & Education

Key Players Covered:

Key players operating in the market includes, Anritsu Corporation, National Instruments., Cobham Limited, EXFO Inc., Teradyne Inc., VIAVI Solutions Inc., Giga-tronics Incorporated., ROHDE&SCHWARZ, Keysight Technologies, Fortive., Yokogawa Test & Measurement Corporation, and CHROMA ATE INC.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global RF Test Equipment Market by type, frequency, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global RF test equipment market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.