Vector Network Analyzer Market Size, Development Status, Comprehensive Research Study, Sales Revenue, Historical Analysis, Emerging Trends, Competitive Landscape and Growth by Forecast 2023

“Market Research Future”
Market Research Future published a research report on “Vector Network Analyzer Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview

Vector network analyzer (VNA) remains a key technology for effective measurement of RF (radio frequency) networks. Market Research Future (MRFR) reports that the global vector network analyzer market will exhibit a healthy CAGR of 3.74% during the forecast period (2018-2023). Component manufacturers use VNA to assess the effect of radio frequency on devices on parameters such as performance and veracity.

VNAs are used for analysing RF based modules, mixer and amplifiers. They also find application in testing prototypes and component specification being they are market commercially. VNA has played a crucial role in the gradual advancement in communication technologies. Most communication devices that are currently manufactured undergo VNA testing before their commercial launching. Thus, increased penetration of communication devices such as smartphones and tablets is making a positive impact on the global Vector Network Analyzer Market. Moreover, emergence of revolutionary wireless network system such as MAN and WAN is creating market opportunities for VNA. The IoT boom is also anticipate to usher in more opportunities for VNA systems in the near future. The growing trend of bring-your-own-device (BYOD) and inclination towards wireless ecosystems are other factors that are supporting the growth of the VNA market.  Nevertheless, the arrival of alternative testing technologies (scalar network analyzers) can undermine the proposition of VNA systems.

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Industry News

UK-based high-precision PC-based oscilloscopes and automotive diagnostics equipment manufacturer Pico Technology has recent introduced two new advanced VNA testing systems under its RF portfolio. TA431 (Non-insertable F-F) and TA430 (Insertable M-F) VNA systems can be used for validation of precision of network analysis test unit and its calibration prior to, before and after a measurement sequence in made. 

Key Players:

Prominent players in the vector network analyzer market include Keysight Technologies Inc. (USA), Rohde & Schwarz GmbH & Co. KG. (Germany), Anritsu Corporation (Japan), Transcom Instruments Co., Ltd. (China), Copper Mountain Technologies (US), National Instrument Corporation (US), OMICRON Lab. (Austria), GS Instrument Co. Ltd. (Korea), Chengdu Tianda instrument Equipment Co., Ltd. (China), HUBER+SUHNER. (Switzerland), AWT Global LLC (US).

Global Vector Network Analyzer Market: Segmental Analysis

MRFR has also conducted as comprehensive segmental analysis of the vector network analyzer market based on application and frequency type. By frequency type, the market has been segmented into 40 – 50 GHz, 26.5 – 40 GHz, 50 – 67 GHz, 0.26 – 5 GHz, and 67 – 110 GHz. The 40 – 50 GHz segment is expected to reach a market valuation of more than USD 190 Mn by the year 2023. Whereas, the 67 – 110 GHz segment is set to capture the highest CAGR during the assessment period. The intensive investment in aerospace and defence is expected to create growth opportunities for the 67 – 110 GHz segment. By application, the market has been segmented into transportation, IT & telecommunication, education, medical, electronic manufacturing, agriculture, automotive, and aerospace & defense. Among these, the IT & telecommunication segment currently accounts for the largest share of the market. The electronica manufacturing segment is also expected to record a significant growth over the assessment period.

Global Vector Network Analyzer Market: Regional Analysis

The vector network analyzer market has been covered across Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), North America and Latin America. North America is expected to remain an important market for VNA during the forecast period. This is attributed to factors such as the existence of a massive telecommunication sector, a vast electronics manufacturing industry and presence of leading players. The U.S will remain the major market in the region over 2023. The U.S VNA market stood at more than USD 160 Mn in 2017. APAC is also expected to present lucrative opportunities for market players over the next couple of years. The region’s market has picked up a healthy momentum in recent years owing to the rapid expansion of the electronics manufacturing sector in China. In 2017, the China VNA market garnered revenues worth USD 46.5 Mn. In addition, growth of the IT and telecommunication sector in India has also augured well for market players operating in the region.

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Intended Audience

  • Educational Institutes
  • Semiconductor Manufacturers
  • Aerospace and Defense Equipment Vendors
  • Medical Device Manufacturers
  • Automotive Equipment Manufacturers
  • Electronic Manufacturing Companies
  • Government Agencies
  • Agricultural Equipment Manufacturers
  • IT and Telecommunication Providers

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