Spectrum Analyzer Market Expected to Expand at a Steady CAGR through 2027

Posted by Shirish Wadaskar on March 15th, 2017

Spectrum analyzers are adopted to analyze signal frequency and amplitude in logarithmic scale when the electric signal pass through the system such as real-time spectrum analyzer. Spectrum analyzers are widely adopted for manufacturing, designing and engaging in the field services and repairs electrical devices and are also used to determine performance, error detection and troubleshooting errors.

Measurement of quality of modulation is carried out for smooth transmission of data and it is crucial in both transmission and receiver end. The important characteristics of spectrum analyzer are signal to noise ratio test and noise figure test which improves overall performance of the system. With a rising boom in telecommunication industry and increase in wave analysis, spectrum analyzer market has flourished with many new emerging players such as Keysights Technologies and LP Technologies.

Spectrum Analyzer: Drivers and Challenges

The major driving factor of spectrum analyzer market is increasing demand for wireless technology among users across globe that has led to a significant growth in spectrum analyzer market. The other key driving factors of spectrum analyzer includes the rising adoption of portable and handheld spectrum analyzers, multitasking feature, bandwidth and frequency advancement. At present, the high demand of second hand spectrum analyzer is one of the important growth factor of impeding spectrum analyzer market.

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The major restraint faced by spectrum analyzer market is due to less availability of low cost spectrum analyzers with maximum features. However, in future the widespread operation of LTE (Long Term Evolution) services is expected to boost the market of spectrum analyzer in positive manner.

Spectrum Analyzer: Segmentation

Segmentation on the basis of network technology:

• Wired

• Wireless

Segmentation on the basis of offering:

• Product (Type, Frequency Range, Form Factor)

• Software (Apps and OS)

Segmentation on the basis of type:

• Swept-Tuned Spectrum Analyzer

• Vector Signal Spectrum Analyzer

• Real-Time Spectrum Analyzer

• Fast Fourier Transform (FFT)

• Parallel Filter Analyzer

Segmentation on the basis of end user:

• IT & Telecommunication

• Medical & Healthcare

• Semiconductors & Electronics

• RF Tuning Method

• Super Heterodyne

• A&D

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Segmentation on the basis of form factor:

• Handheld Spectrum Analyzer

• Portable Spectrum Analyzer

• Benchtop Spectrum Analyzer

Spectrum Analyzer:Key Players

Some of the key players of spectrum analyzer market are:Advantest Corporation, Anritsu Corporation, Avcom, B&K Precision Corporation, Cobham PLC, Fortive Corporation, Giga-Tronics Incorporated, Keysight Technologies, LP Technologies, National Instruments Corporation, Rohde & Schwarz, GmbH & Co., Stanford Research Systems, Teledyne Lecroy and Yokogawa Electric Corporation.

Spectrum Analyzer:Regional Overview

Presently, North America region is holding the largest market share of spectrum analyzer due to rising adoption of second hand handheld spectrum analyzer. The adoption of portable spectrum analyzer is also impacting the market of spectrum analyzer in a positive manner.

The market of spectrum analyzer is witnessing high growth rate in the European and Asia Pacific regions due to rising boom of telecommunication and wave analysis.

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