Global RF Test Equipment Market 2017-2023: Increasing Deployment of IoT Technology-Based Devices for Various Applications

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15 Jan, 2018, 19:00 GMT

DUBLIN, Jan. 15, 2018 /PRNewswire/ --

The "Global RF Test Equipment Market by Type, Form Factor, Frequency, Application, and Region - Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The RF test equipment market is expected to reach USD 3.21 Billion by 2023 from USD 2.32 Billion in 2016, at a CAGR of 4.92% between 2017 and 2023.

The major factors driving the growth of the RF test equipment market include the growing adoption of wireless networking in in-building communication systems, rising focus on developing 5G network-based devices, and increasing deployment of IoT technology-based devices for various applications such as telecommunications, automotive, aerospace & defense, and consumer electronics.

Oscilloscopes held the largest market share in 2016. For the installation of technologies, robust infrastructure and supporting technologies are required. Parameters such as transmission power and modulating frequency are crucial for error-free working. To ensure the quality of the signal in real-time, an oscilloscope is a key equipment.

Moreover, the adoption rate of PXI oscilloscopes is quite high for any test and measurement system due to their ability to acquire and analyze both time- and frequency-domain analog signals and to provide higher accuracy, bandwidth, and signal flexibility compared to traditional benchtop oscilloscopes.

The market for RF test equipment having a frequency of more than 6 GHz is expected to grow significantly during the forecast period. With the growing demand for 5G connectivity technology, the demand for RF test equipment with more than 6 GHz frequency is likely to be increased in the coming years.

Additionally, various research projects are using potential spectrum above 6 GHz in the telecommunications industry, which boost the growth of this market in the near future.

These players adopted various strategies such as product developments, acquisitions, partnerships, collaborations, and agreements to achieve growth in the RF test equipment market.

Market Dynamics

Drivers

  • Growing Adoption of Wireless Networking in In-Building Communication Systems
  • Rising Focus on Developing 5g Network-Based Devices
  • Increasing Deployment of IoT Technology-Based Devices for Various Applications

Restraints

  • Requirement of Longer Timelines and Extended R&D for Developing New Communication Technologies

Opportunities

  • Adoption of RF Instruments for Automotive Applications
  • Adoption of Wireless Technology-Based Devices for Proximity Marketing

Challenges

  • Requirement of Huge Capital to Stay Competitive

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 RF Test Equipment Market, By Type

7 RF Test Equipment Market, By Form Factor

8 RF Test Equipment Market, By Frequency

9 RF Test Equipment Market, By Application

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

  • Anritsu
  • B&K Precision
  • Chroma ATE
  • Cobham
  • Era Instruments
  • EXFO
  • Fortive
  • Freedom Communication Technologies
  • Giga-Tronics
  • Good Will Instruments
  • Infinite Electronics
  • Keysight Technologies
  • National Instruments
  • Prisma Telecom Testing
  • Rohde & Schwarz
  • Saluki Technology
  • Teledyne Technologies
  • Teradyne
  • Viavi Solutions
  • Yokogawa Electric

For more information about this report visit https://www.researchandmarkets.com/research/thdplv/global_rf_test?w=5

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