The global spectrum analyzer market was valued at USD 1,125.1 million in 2017 and is expected to reach USD 1,758.1 million by the end of the forecast period with a CAGR of 8.2%.
A spectrum analyzer is an electronic device that is used to display variations in the signal strength. The spectrum analyzers has a close resemblance with an oscilloscope. Spectrum analyzers are used for research and study purposes in universities and laboratories and for designing, manufacturing, or repairing electronic equipment. For this, the spectrum analyzers are ordered in bulk, due to which the buyers’ concentration is high. Spectrum analyzer manufacturing involves various components such as probes, function generators, control systems, display units, and storage memory. The manufacturers of spectrum analyzers play a vital role in manufacturing these equipment for testing and maintenance of electronic devices. These component manufactuerer provide enahbced spectrum analyzers for automotive parts testing, computer peripherals testing, battery-based telecom equipment, and others.
However, the spectrum analyzer market is refrained by high cost of specialized spectrum analyzers. The rising awareness about expenses related to spectrum analyzers among organizations of varied sizes has driven scrutiny from financial directors and controllers across different industries. This has led companies to devise strategies to manage the costs of the equipment better. Companies have started opting for different acquisition means, including rental and leasing services for spectrum analyzers.
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The key players in the spectrum analyzer market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Keysight Technologies (US), Rohde & Schwarz GmbH & Co., Kg (Germany), Fortive Corporation (US), Anritsu Corporation (US), Advantest Corporation, Cobham PLC (UK), Giga-Tronics Incorporated (US), Yokogawa Electric Corporation (Japan), National Instruments Corporation (US), and LP Technologies Inc (US). These players contribute a major proportion towards market growth.
Apart from the top key players, the other players contribute nearly 30–35 % in the spectrum analyzer market. These include Innovative Aaronia AG (Germany), Aim-TTi (UK), B&K Precision (US), Berkeley Nucleonics Corporation (US), Narda Safety Test Solutions (US), SAF Tehnika (Latvia), Saluki Technology (Taiwan), Signal Hound (US), Tektronix, Inc. (US), Transcom Instruments (China), Triarchy Technologies (Canada), Viavi Solutions (US), AR Modular RF (US) and others.
The global Spectrum Analyzer Market is segmented into type, frequency range, form factor, end-user, and region.
By type, the market is segmented into swept tuned spectrum analyzer, vector signal spectrum analyzer, and real-time spectrum analyzer.
By frequency range, the market is segmented into less than 6 GHz, 6–18 GHz, and more than 18 GHz.
By form factor, the market is segmented into portable and benchtop.
By end-user, the market is segmented into automotive, aerospace & defense, IT & telecommunication, healthcare, semiconductor & electronics, and energy & utilities.
By region, the spectrum analyzer market is segmented into North America, Europe, Asia-Pacific, and rest of the world.
The global spectrum analyzer market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of spectrum analyzer market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Asia-Pacific holds the largest market share in global spectrum analyzer market. This growth is attributed to the growing penetration of spectrum analyzers in countries such as China, India, and South Korea. Moreover, the higher demand of spectrum analyzers among the consumer electronics companies and automotive manufacturers is helping the market grow. This has further led the companies to invest in development of high frequency spectrum analyzers. Spectrum analyzers are used for testing purposes by electronic component manufacturers operating regionally and globally.
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- System integrators
- Consultancy and advisory firms
- Government Agencies
- Consulting Firms
- Research Institutes and Organizations
- Technology Standards Organizations
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Spectrum Analyzer
5 Market Landscape
LIST OF TABLES
Table 1 Global Spectrum Analyzer Market, By Type, 2018–2023
Table 2 Global Spectrum Analyzer Market, By Frequency Range, 2018–2023
Table 3 Global Spectrum Analyzer Market, By Form Factor, 2018–2023
Table 4 Global Spectrum Analyzer Market, By Region, 2018–2023
Table 5 North America: Spectrum Analyzer Market, By Country, 2018–2023
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LIST OF FIGURES
FIGURE 1 Global Spectrum Analyzer Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Spectrum Analyzer Market
FIGURE 4 Value Chain Of Global Spectrum Analyzer Market
FIGURE 5 Share Of Global Spectrum Analyzer Market In 2017, By Country (In %)
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