This market research report includes a detailed segmentation of the global RF test equipment market by applications (telecom sector, electronics sector, industrial sector, automotive sector, medical sector, and defense sector). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Advantest, Agilent Technologies, Anritsu, Rohde & Schwarz, and Teradyne.
Technavio has released a new market research report on the global RF test equipment market, which is expected to grow at a CAGR of 6% between 2016 and 2020. The adoption of 802.11ac, a wireless networking standard, and MIMO technology is the primary growth driver for this market. The 802.11ac technology requires a standard wide bandwidth to offer high-speed WLANs on the 5 GHz band, creating the requirement for increased testing of network signals. The Americas dominate the RF test equipment market, accounting for around 38% of the overall market share. The integration of advanced features in test equipment and the increased demand from the electronics sector are the main factors that are driving the market for RF test equipment in the Americas.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Increasing demand for broader channel capacities and quicker data transfer rates have necessitated the use of precision RF components to provide high-quality signals. Vector network analyzers (VNAs) have outstanding accuracy and flexible features, which make them an essential tool for equipment validation in the production phase. Moreover, non-linear vector network analyzers (NVNAs) and the latest VNAs allow test engineers to model the non-linear behavior of a device more accurately, thereby reducing time-to-market,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research
Increased data traffic is also expected to boost the market growth during the forecast period. Mobile data traffic is increasing due to huge demand for bandwidth-based services and applications and handheld devices. Mobile operators need testing to improve service quality through monitoring the transmitted output power, troubleshooting antenna and cable systems, and analyzing the spectrum for sources of interference.
The key vendors in the global RF test equipment market include Advantest, Agilent Technologies, Anritsu, Rohde & Schwarz, and Teradyne. Vendors in the RF test equipment market face tough competition in the market on grounds of product quality, technology, and pricing. The competition is forecast to intensify due to technological innovations and mergers and acquisitions. Local players will find it difficult to compete with international players as they lack financial capability to invest substantially on R&D as compared with their international counterparts.
A more detailed analysis is available in the Technavio report, Global RF Test Equipment Market 2016-2020.
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