The latest report by IMARC Group, titled “Spectrum Analyzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global spectrum analyzer market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
A spectrum analyzer refers to an instrument that assists in measuring and analyzing several parameters in a system at a radio frequency range. It is available as swept spectrum analyzer (SA), vector signal analyzer (VSA), and real-time spectrum analyzer (RSA). It offers enhanced resolution while reducing sampling gaps. It is also utilized to measure noise and distortion in various kinds of radio-frequency circuitry, wireless fidelity (Wi-fi) testing, voice and data communication, and error detection. As a result, it is widely employed in electronics and semiconductor, IT and telecommunication, aerospace, defense, automotive, and healthcare industries across the globe.
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Spectrum Analyzer Market Trends and Drivers:
At present, the rising demand for spectrum analyzers with multi-tasking features to meet the requirements of radar lab tests represents one of the primary factors contributing to the market growth. Besides this, the increasing utilization of spectrum analyzers in battery-powered equipment, computer peripherals, and automotive part testing is strengthening the growth of the market. Apart from this, the development of portable and hand-held spectrum analyzers are positively influencing the market. Moreover, the increasing adoption of spectrum analyzers for minimal interference and smooth communication is bolstering the growth of the market. Furthermore, key manufacturers are introducing hand-held real-time spectrum analyzers with global navigation satellite system (GNSS) features for wireless applications, such as drive testing, direction finding, and vehicle-based spectrum monitoring.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Analyzer Type:
- Swept-Tuned Spectrum Analyzer
- RF Tuning Method Analyzer
- Super Heterodyne Analyzer
- Vector Signal Spectrum Analyzer
- Real-Time Spectrum Analyzer
- Fast Fourier Transform Analyzer
- Parallel Filter Analyzer
- Audio Spectrum Analyzer
- Others
Breakup by Offering:
- Hardware
- Software
Breakup by Frequency Range:
- <6 GHz
- 6GHz-18 GHz
- >18 GHz
Breakup by Design Type:
- Handheld Spectrum Analyzer
- Portable Spectrum Analyzer
- Benchtop Spectrum Analyzer
- Others
Breakup by Technology Type:
- Wired
- Wireless
Breakup by End-Use Industry:
- Automotive
- IT & Telecommunication
- Aerospace
- Defense
- Medical
- Electronics
- Educational
- Energy
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitive Landscape with Key Players:
- Advantest Corporation
- Anritsu Corporation
- Avcom of Virginia Inc.
- B&K Precision Corporation
- Cobham Plc
- Fortive Corporation
- Giga-Tronics Incorporated
- Keysight Technologies Inc.
- National Instruments Corporation
- Rohde & Schwarz GmbH & Co. Kg.
- Teledyne Lecroy Inc.
- Yokogawa Electric Corporation
Explore Full Report with TOC: https://www.imarcgroup.com/spectrum-analyzer-market
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