An Incisive, In-depth Analysis on the Rf Tester Market
This study offers a comprehensive, 360 degree analysis on the Rf Tester market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Rf Tester market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Increasing adoption of RF testers in telecommunication for optimisation and network analysis
The demand for RF testers in the telecommunication sector is increasing, which is among the primary factors that are driving the RF tester market across the globe, as radio frequency waves are widely used in the satellite and telecommunication sectors. RF tester instruments find applications in radio communication, satellite communication and video broadcasting. Future Market Insights estimates that the RF tester market will witness a considerable growth rate during the forecast period. Moreover, the increasing demand from industries, such as aerospace & defence, energy & utility and automotive, is expected to contribute to the growth of the RF tester market.
The high adoption of RF testers in the aerospace & defence sectors is also creating the potential demand for RF testers in the market. Furthermore, continuous modifications and improvements in RF testers are also significantly driving the RF tester market across the globe. The rising demand for fast Internet connections and wireless connectivity is fuelling the growth of the RF tester market. Growth in the population of various emerging countries, such as China and India, is creating the potential need for RF testers for telecommunication. In addition, in several countries, such as the U.S., China and India, the demand for the RF testers is increasing rapidly due to growth in the aerospace & defence sector.
High demand for spectrum and network RF testers
The enhanced accuracy and precision in network and spectrum RF testers is contributing to the increasing global demand for the RF tester market. The usage of spectrum and network RF testers has become essential in automotive applications, energy & utility, aerospace & defence and the telecommunication sectors to provide high accuracy in frequency reading. RF testing with the help of testers is necessary in most of the markets which include the U.S., Australia, Japan, China and India. In addition, in case a product offered by a vendor is a wireless instrument, it is necessary to test this product with the help of an RF tester before selling it in the market. These factors are significantly contributing to the global growth of the RF tester market. Moreover, the growing focus on the development of 5G-based instruments across various industries in several regions is boosting the global RF tester market.
Extensive research activities in the field of satellite communication
Research and development activities in the field of satellite communication and radio frequency signals are promoting the creation of advanced version of the RF testers that help to overcome a variety of faults. Some of the key characteristics that researchers are focusing on include the development of the precision, power and accuracy of RF testers.
For example, the Japan-based Yokogawa Test & Measurement Corporation launched a wide-bandwidth range RF tester for converting large signals into small frequency signals with a frequency range of 0.1 Hz to 1GHz, which is also suitable for use in aircraft power systems.
APEJ is expected to capture the largest share in the global RF tester market owing to rapid growth in the telecommunication sector
Asia Pacific excluding Japan is expected to capture a significant market share in the global RF tester market during the forecast period. Rapid growth in the telecommunication sector and the aerospace & defence sector is creating the potential demand for RF testers. Furthermore, increasing expenditure in aerospace & defence activities and the telecommunication sector by various countries in several regions, such as China and India, is predicted to drive the RF tester market in the Asia Pacific excluding Japan region. In addition, the U.S. is also expected to grow at a higher CAGR owing to the increasing aerospace & defence sectors, which is effectively fuelling the growth of the market.
Innovations and modifications in RF testers and the increasing number of distribution centres are among the key strategies followed by vendors of RF testers
The vendors of the RF testers are continuously focusing on the development of products along with innovations and the modification of products for wide-ranging applications such as increasing the frequency range, accuracy and variability of RF testers. Moreover, one of the key strategies followed by the vendors of RF testers is to increase the number of distribution centres and the development of contacts with customers.
For instance, in 2018, Germany-based Rohde & Schwarz GmbH & Co. KG acquired Pixel Power Limited to strengthen its position in the radio and broadcasting sector
In addition, in 2018, Tektronix, Inc., a U.S.-based manufacturer of the RF tester, launched an advanced spectrum analyser with a model frequency ranging from 13 GHz to 18 GHz, along with higher frequency support for wide ranging applications
Some of the other prominent key vendors in the RF tester market are Anritsu (Japan), B&K Precision Corporation (U.S.), Tektronix Inc. (U.S.), Aimil Ltd. (India), Giga-Tronics (U.S.), Rigol Technologies Inc. (China), Good Will Instrument Co., Ltd. (Taiwan) and Wireless Telecom Group, Inc.
RF Tester Market Report Synopsis
Future Market Insights (FMI) offers an 8-year forecast for the RF tester market between 2019 and 2027. In terms of value, the RF tester market is expected to register a single-digit CAGR during the forecast period. The study provides the global market dynamics and trends across six regions: North America, Latin America, Europe, Japan, APEJ and MEA, which influence the current nature and the future status of the RF tester market over the forecast period.
RF Tester Market Report Description
This research report provides a detailed analysis of the RF tester market and offers insights about the various factors driving the popularity of RF testers. The RF tester market report includes an extensive analysis of the key industry drivers, challenges, market trends and market structure. The RF tester market study provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The RF tester market report includes the market segmentation on the basis of pipe size, body type, end use and region.
The RF tester market is expected to witness significant value and volume growth during the forecast period owing to the high demand for the telecommunication and aerospace & defence sectors in various countries around the world.
The global RF tester market report starts with an overview of the RF tester market in terms of value and volume. In addition, this section includes an analysis of the key trends, drivers and challenges from the supply, demand and economy side, which are influencing the RF tester market.
On the basis of product type, the RF tester market has been segmented into network, spectrum, oscilloscope and signal generator. On the basis of modularity, the RF tester market has been segmented portable, benchtop and others. On the basis of industry, the RF tester market has been segmented into automotive, telecommunication, consumer electronics, energy & utility, aerospace & defence and others.
A detailed analysis has been provided for every segment in terms of the market size analysis of the RF tester market across different regions. This section provides a detailed analysis that covers the key trends prevalent in the global RF tester market.
The next section of the global RF tester market report covers a detailed analysis of the RF tester market across various countries in the region. It provides an outlook for the RF tester market for 2019–2027, and sets the forecast within the context of the RF tester market. This study discusses the key trends within countries contributing to the growth of the RF tester market as well as analyses the degrees at which the drivers are influencing the RF tester market in each region. The key regions and countries assessed in the RF tester market report include North America (the U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Europe (Germany, U.K., Italy, France, Russia & the rest of Europe), Japan, APEJ (China, India, Malaysia, Thailand, Australia & the rest of APEJ) and MEA (GCC Countries, Turkey, South Africa & the rest of MEA). This report evaluates the present scenario and the growth prospects of the RF tester market across various regions globally for the period 2019 –2027. We have considered 2018 as the base year, and provided data for the remaining 12 months.
To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the RF tester market is expected to grow in the future. Given the characteristics of the global RF tester market, we have triangulated the outcomes of different types of analysis based on the technology trends.
As previously highlighted, the global RF tester market has been split into a number of segments. All segments on the basis of product type, modularity, industry and region have been analysed in terms of basis points to understand the relative contributions of each individual segment to the growth of the RF tester market. This detailed information is important for the identification of various key trends in the global RF tester market.
In addition, another key feature of the global RF tester market report includes the analysis of all the key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market, however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify the potential resources from a sales and delivery perspective in the global RF tester market.
In the final section of the global RF tester market report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the RF tester market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of the key providers specific to a segment of the RF tester supply chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the RF tester market. Some of the key competitors covered in the RF tester market report are Rohde & Schwarz GmbH & Co. KG (Germany), Yokogawa Test & Measurement Corporation (Japan), Keysight Technologies (U.S.), Anritsu (Japan), B&K Precision Corporation (U.S.), Giga-Tronics (U.S.), Tektronix Inc. (U.S.), Good Will Instrument Co., Ltd. (Taiwan), Aimil Ltd. (India), Rigol Technologies Inc. (China) and Wireless Telecom Group, Inc.