RF Test Equipment Market Research Report - Global Forecast till 2025

Global RF Test Equipment Market Research Report: Information by Connectivity (Oscilloscope, Spectrum Analyzers, Signal Generators, Network Analyzers, and others), Form Factor (Bench-Top, Portable, and Modular), Frequency (Between 1 GHz to 6 GHz, More than 6 GHz and Less than 1 GHz), End User (IT & Telecommunications, Aerospace & Defense, Consumer Electronics, Automotive, Academic & Research Institutions, Industrial, Medical and others) and Region - Forecast till 2025

ID: MRFR/SEM/4279-CR | December 2019 | Region: Global | 118 pages

Overview
Global RF Test Equipment Market in terms of value is estimated to register 6.21% CAGR during the forecast period.
The global RF test equipment market is expected to witness rapid growth during the forecast period. Asia-Pacific is expected to be the dominating region in the RF test equipment market owing to the increasing adoption and implementation of RF and in-building communication technology in various industries. Moreover, the growing industrial sector and the increasing presence of small and medium-sized enterprises (SMEs) in the region are some of the factors that are expected to drive market growth.
In 2018, North America held the second-largest market share in the global RF test equipment market. The increase in the adoption of this equipment in automotive, medical, and consumer electronics industries across the region are driving the demand for RF test equipment among OEMs and aftermarket players. Growing demand for smartphones, home appliances, consumer electronic products, vehicles, and defense products increases the demand for RF test equipment in this region. Furthermore, the rapid adoption of new technology in this region along with a growing focus on IoT and communication technologies drives the growth of this market.
Segmentation
The global market for RF test equipment is segmented on connectivity, form factor, frequency, and end-user. On the basis of connectivity, the global RF test equipment market is divided into the oscilloscope, signal generators, spectrum analyzers, network analyzers, and others. The oscilloscope segment held the largest market share in 2018 as this segment has been witnessing significant growth in the demand for RF test equipment owing to the used for designing and maintaining electronic equipment and laboratory work in the automotive, consumer electronics, IT & telecommunications, aerospace & defense, and healthcare industries, among others. Additionally, it also calculates the amount of noise or distortion, and whether the noise is changing with time and shape of the waveform such as sine, square, triangle, sawtooth, and complex.
On the basis of the form factor, the global RF test equipment market is segmented into bench-top, portable, and modular. The bench-top segment is expected to hold the maximum market share, due to it offers the highest level of repeatability, resulting in tighter correlation among instruments with a larger measurement area, which helps do a better job of reducing imperfections. Bench-top RF test equipment is more compact and portable than the conventional equivalents, as they are portable, can be placed on a laboratory benchtop, and are usually the go-to instrument for creating standards, owing to their reliable repeatability and reproducibility.
On the basis of frequency, the global RF test equipment market is segmented into less than 1 GHz, between 1GHz to 6 GHz, and more than 6 GHz. The between 1GHz to 6 GHz segment is expected to hold the maximum market share due to its offer excellent frequency response and high accuracy in swept measurements with high-frequency probes. This Connectivity of RF test equipment comes with a high probe sensitivity and low distortion levels that allow measurements to be made while taking advantage of the full dynamic range of RF test analyzers. Such factors are expected to drive the global RF test equipment market during the forecast period.
On the basis of end-user, the global RF test equipment market is segmented into IT & telecommunications, automotive, consumer electronics, aerospace & defense, academic & research institutions, medical, industrial, and others. The IT & telecommunication segment is expected to hold the maximum market share, due to it offers enhanced accuracy and precision in network and spectrum and provides high accuracy in frequency reading. The rising demand for fast internet connections and wireless connectivity, combined with the rapid growth of the telecommunication sector in developing regions, is expected to increase the demand for RF test equipment during the forecast period.
Regional Analysis
On the basis of region, the global RF test equipment market is segmented as North America, Europe, Asia-Pacific (APAC), Middle East and Africa, and South & Central America.
Global RF Test Equipment Market, by Region, 2018  
Source: MRFR Analysis
Europe is expected to witness remarkable growth in the RF test equipment market, owing to increasing innovation in aerospace and defense technologies and the increasing use of RF equipment in manufacturing industries. Moreover, Adoption of IoT, wireless networking, and the development of 5G network technology has triggered the implementation of RF test equipment in industries such as IT & Telecommunications, automotive, and healthcare. The presence of major manufacturers and growing R&D facilities further increase the need for RF test equipment in the region during the forecast period.
Synopsis
The Global RF Test Equipment Market has been segmented based on Connectivity, Form Factor, Frequency, End User, and Region. On the basis of connectivity, the global RF test equipment market is segmented into the oscilloscope, signal generators, spectrum analyzers, network analyzers, and others. The oscilloscope segment held the largest market share in 2018 as this segment has been witnessing significant growth in the demand for RF test equipment owing to the used for designing and maintaining electronic equipment and laboratory work in the automotive, consumer electronics, IT & telecommunications, aerospace & defense, and healthcare industries, among others.
Key Competitors
The Key Players of the Global RF Test Equipment Market are Keysight Technologies, Inc. (US), Teledyne Technologies Incorporated (US), National Instruments (NI) (US), Yokogawa Electric Corporation (Japan), Siemens (Germany), EXFO Inc. (Canada), Anritsu Corporation (Japan), Giga-Tronics Incorporated (US), Cobham PLC (UK), VIAVI Solutions Inc. (US), Fortive (US), and Chroma ATE Inc.  (Taiwan), ROHDE&SCHWARZ (Germany), Atlantic Microwave Ltd (UK), B&K Precision Corporation (US).
Market Segmentation

By Connectivity – Oscilloscope, Spectrum Analyzers, Signal Generators, Network Analyzers, and Others
By Form Factor – Bench-top, Portable, and Modular
By Frequency – Less than 1 GHz, between 1GHz to 6 GHz, and more than 6 GHz
By End User – IT & telecommunications, automotive, consumer electronics, aerospace & defense, academic & research institutions, medical, industrial, and others

Key Questions Addressed by the Report

What was the historic market size (2018)?
Which segmentation (Connectivity / Form Factor / Frequency / End User is driving market?
What will be the growth rate by 2025?
How are the key players in this market?
What are the strategies adopted by key players?



Frequently Asked Questions (FAQ) :


The global RF test equipment market is expected to reach USD 5.6 billion by 2025.

The global RF test equipment market is expected to exhibit a strong 6.21% CAGR over the forecast period from 2019 to 2025.

The growing implementation of RF in in-building communication is a major driver for the global RF test equipment market.

Asia Pacific is the leading regional market for RF test equipment.

Atlantic Microwave Ltd., Yokogawa Electric Corporation, Keysight Technologies Inc., Siemens, EXFO Inc., National Instruments, Cobhamplc, Fortive, and Chroma ATE are among the leading players in the global RF test equipment market.