NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The "radio frequency (RF) signal generator market by application (telecommunications, aerospace, and defense, mechanical, and electronics), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and the Middle East and Africa) - Forecast and Analysis 2024-2028" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the radio frequency (RF) signal generator market between 2023 and 2028 is USD 677.64 million. The increasing partnerships between players and value chain members is the key factor driving market growth. To gain information on developments and updates to ISO standards for different sectors, particularly in telecommunications, market players have developed Strategic Partnership Agreements with Value Chain Members. Moreover, strategic partnerships enable RF signal generator manufacturers to upgrade and improve their advanced equipment to conduct tests of receivers, test systems, and electronics components in various industries.
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Market Challenge
The rise in demand for rental test equipment is a significant challenge restricting market growth. Increased demand for used and rented RF signal generators has been stimulated by the high ASP of RF signal generators, in connection with traffic management. Several market players on the market are cooperating with different undertakings providing T&M equipment to be rented or leased. In addition, the demand for new RF signal generators is also affected by this business model as it provides a source of income to manufacturers of RF signal generators.
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The radio frequency (RF) signal generator market is segmented by application (telecommunications, aerospace and defense, mechanical, and electronics), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
- The market share growth by the telecommunications segment will be significant during the forecast period. The growth of the telecommunications sector is a major source of dependence for radio frequency signal generators. In addition, the adoption of RF signal generators for the testing and measurement of 5G and LTE connections will be stimulated by the launch of new products with increased bandwidth.
- APAC is estimated to contribute 38% to the growth of the global market during the forecast period.
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Key Companies in the Radio Frequency (RF) Signal Generator Market:
Aaronia AG, Aim and Thurlby Thandar Instruments, Anritsu Corp., B and K Precision Corp., Berkeley Nucleonics Corp., DS INSTRUMENTS, Fortive Corp., Keysight Technologies Inc., Maury Microwave Corp., National Instruments Corp., Novatech Instruments, Pico Technology Ltd., RF Lambda, Rigol Technologies Inc., Rohde and Schwarz GmbH and Co. KG, Saluki Technology Inc., Signalcore Inc., Teledyne Technologies Inc., Texas Instruments Inc., and Vaunix Technology Corp.
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Radio Frequency (RF) Signal Generator Market Scope |
|
Report Coverage |
Details |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.25% |
Market growth 2024-2028 |
USD 677.64 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.85 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 38% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aaronia AG, Aim and Thurlby Thandar Instruments, Anritsu Corp., B and K Precision Corp., Berkeley Nucleonics Corp., DS INSTRUMENTS, Fortive Corp., Keysight Technologies Inc., Maury Microwave Corp., National Instruments Corp., Novatech Instruments, Pico Technology Ltd., RF Lambda, Rigol Technologies Inc., Rohde and Schwarz GmbH and Co. KG, Saluki Technology Inc., Signalcore Inc., Teledyne Technologies Inc., Texas Instruments Inc., and Vaunix Technology Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Distribution Channel
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
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Technavio Research
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SOURCE Technavio
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