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RF Test Equipment - Global Market Outlook (2018-2027)

RF Test Equipment - Global Market Outlook (2018-2027)

4.9 (36 reviews)
Published: April 2020 ID: SMRC19078
4.9 (36 reviews)
Published: April 2020 ID: SMRC19078

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Radio Frequency (RF) Test Equipment Market is accounted for $2.63 billion in 2018 and is expected to reach $4.59 billion by 2027 growing at a CAGR of 6.4% during the forecast period. Some of the key factors propelling the market growth include increasing adoption of wireless networking in in-building communication systems, rising focus on developing 5G network-based devices, and growing deployment of IoT technology-based devices for various applications. However, RF design, flexibility and size issues of the equipment are restraining the market growth.

Radio Frequency (RF) has suitable use in telecommunication due to its wide range of frequency range. Radiofrequency (RF) test equipment is used to compute signals at a higher frequency range than that supported by any other general test equipment. Along with standard measurement functionality, they also have specialized functions to determine the characteristics of an RF signal (radio waves transmitted within the frequency range of 3 hertz to 300 megahertz). Various types of RF testing equipment are RF analyzers, RF filters, RF amplifiers and so on. There are many network analyzers based on this technology.

By form factor, the modular RF test equipment is expected to have significant growth during the forecast period, due to its characteristics such as the ability to manage and analyze large datasets in real time and high-precision performance. Also, modular instruments have the ability to manage and analyze large datasets in real time. The introduction of the PXI (PCI extensions for instrumentation) standard as an extension of Compact PCI by National Instruments (US) helped OEMs to provide cost-efficient equipment and well-performing modular system components, which are among the prime reasons for its faster growth.

On the basis of geography, Asia Pacific (APAC) is expected to have considerable market growth during the forecast period due to the rising number of smartphones, continuous advancements in next-generation telecommunication standards, such as LTE, 4G, and upcoming projects on 5G, and presence of manufactures & R&D centers in the region. A number of OEMs as well as semiconductor device and product manufacturers are situated in APAC. Moreover, favourable regulatory policies for the approval of new semiconductor technologies and the saturation of the market in developed countries in Asia Pacific. 

Some of the key players in radio frequency (RF) test equipment market include National Instruments, Cobham, EXFO, Teledyne Technologies, Good Will Instruments, B&K Precision, Keysight Technologies, Fortive, Rohde & Schwarz, Teradyne, Viavi Solutions, Giga-Tronics, Yokogawa Electric, Chroma ATE, Anritsu, Prisma Telecom Testing, Infinite Electronics, Freedom Communication Technologies, Saluki Technology, and Agilent Technologies.

Form Factors Covered:
• Modular
• Benchtop
• Portable
• Stationary

Types Covered:
• Rental GP
• Modular GP Instrumentation
• Semiconductor ATE
• Traditional GP Instrumentation

Products Covered:
• Spectrum Analyzers
• Vector Network Analyzer (VNA)
• Oscilloscopes
• Signal Generators
• Power Sensors
• Power Meters
• Digital Multimeters
• Other Types

Frequencies Covered:
• More than 6 GHz
• 1 GHz to 6 GHz
• Less than 1 GHz

Applications Covered:
• Medical
• Research & Education
• IT and Telecommunications
• Consumer Electronics
• Aerospace & Defense
• Industrial
• Automotive
• Oil & Natural Gas

Architectures Covered:
• Software
• Hardware
• Services

Components Covered:
• RF Synthesizers
• RF Detectors
• RF Analyzers
• RF Amplifiers
• RF Oscillators

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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