RF Test Equipment Market growing rapidly: BMRC
RF Test Equipment Market is valued at USD 3.22 Billion in 2019 and expected to reach USD 4.69 Billion by 2026 with the CAGR of 5.52% over the forecast period
The increasing number of internet connections and growing demand for RF-enabled consumer electronics such as laptops, mobile phones, tablets, microwave ovens are driving the growth of Global RF Test Equipment Market.
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Scope of Global RF Test Equipment Market Report-
It is used to compute signals at a higher frequency range than that supported by any other general test equipment. Along with standard measurement functionality, they also have specialized functions to determine the characteristics of an RF signal (radio waves transmitted within the frequency range of 3 hertz to 300 megahertz). Radio frequency waves are widely used for telecommunications. Applications in video broadcasting, radio communications and satellite communications are generally achieved by utilization of RF electronic components. It used for several industrial and healthcare applications. RF test equipment’s are primarily utilized for testing of RF components and RF electronics, to ensure their proper functionality.
Key Players of RF Test Equipment -
RF Test Equipment market report covers prominent players are Anritsu, Fortive, Keysight, Rohde and Schwarz, Teradyne, Yokogawa, Cobham, Giga-tronics, Chroma, Good Will Instruments, BandK Precision and others.
RF Test Equipment market report is segmented on the basis of product, application and by regional & country level. Based upon product, RF Test Equipment market is classified into oscilloscopes, signal generators, spectrum analyzers, network analyzers and others. Based upon application, RF Test Equipment market is classified into telecommunications, consumer electronics, automotive, aerospace and defense, industrial, medical and research and education.
The regions covered in this RF Test Equipment market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of this RF Test Equipment is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
News-
Boonton Launched New USB RF Power Sensor to Uniquely Enable Characterization of Wi-Fi 6 Devices
August 3rd, 2020; Boonton, a Wireless Telecom Group company (NYSE American: WTT), announced the introduction of the RTP5008 Real-Time Peak USB Power Sensor which uniquely enables characterization of Wi-Fi 6 devices in the newly allocated 6 GHz band (5.925 to 7.125 GHz). Boonton is the only RF power measurement instrument supplier with the capability to fully characterize the chipsets and modules at their highest level of performance, utilizing channel bandwidths up to 160 MHz in multiple inputs, and multiple output (MIMO) configurations. Wi-Fi 6 is expected to offer faster data throughput, greater network efficiency, improved operation in dense or congested environments and extended battery life for client devices.
Global RF Test Equipment Market Segmentation:–
By Product:
Oscilloscopes, Signal Generators, Spectrum Analyzers, Network Analyzers, Others
By Application:
Telecommunications, Consumer Electronics, Automotive, Aerospace and Defense, Industrial, Medical, Research and Education
Global RF Test Equipment Market Dynamics–
Increasing research and development activities in the field of retail, transportation, public infrastructure, and corporate and rising demand for advanced products that require digitized information management are the major factors driving the growth of global RF test equipment market. According to the Mobile Usage Statistics report, in 2018 mobile devices accounted for 48.2% of website traffic worldwide (excluding tablets) globally. In addition, it’s growing adoption in communication applications such as satellite, radio telecommunication, radar, broadband and others is also supplementing the market growth. However, the longer period of technology shift is may hamper the growth of RF test equipment market.
Global RF Test Equipment Market Regional Analysis–
North America is expected to dominate the global RF test equipment market with the potential rate due the rising demand for smartphones, home appliances, consumer electronic products, vehicles, and defense products increases the demand for RF test equipment in this region. Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with the potential rate due to rising demand for smartphones in this region. According to the Internet and Mobile Users in Asia-Pacific, in 2017, nearly 1.90 billion internet users will reside in Asia-Pacific—making up more than half of the world’s digital population.
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