Vector Network Analyser Market Size, Share, Trends, Industry Report and Forecast 2023-2028
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- Olivia Grande
- February 9, 2023
The ‘Global Vector Network Analyser Market Growth, Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global vector network analyser market, assessing the market on the basis of its segments like frequency, end-use, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 4.8%
The global vector network analyser market is driven by the increasing adoption of wireless devices like laptops, and mobile phones combined with Wi-Fi, Bluetooth, GPS, and GSM-LTE modules. With a significant role in the testing, analysing, evaluating, and measurement of radio frequency signals, the demand for vector network analyser is expected to fuel broadcasting technologies. The increasing usage of vector network analysers to evaluate radio frequency signals transmitted and received from amplifiers, attenuators, and antennae are likely to propel the market demand in the coming years.
The availability of a vector network analyser with a multi-port facility that aids to offer reliable and fast measurement is expected to boost the vector network analyser market demand among various consumers during the forecast period. The utilisation of vector network analysers for S-parameter measurements leads to accurate measurements that are likely to escalate the market demand across the globe. This is done by considering a range of possible errors through in-built error correction as well as calibration processes.
Also, vector network analysers have the ability to evaluate the amplitude along with the phase of a single radio frequency signal. They are multipurpose instruments that characterise S-parameters, make time-domain measurements, and match complex impedances, among others. Their versatility is further expected to bolster the demand for the vector network analyser market.
Vector Network Analyser Industry Definition and Major Segments
Vector network analysers are test instruments that evaluate the parameters of an electrical network. VNA are crucial for radio frequency as well as microwave component analysis of different active and passive devices containing antennas, power amplifiers, and filters. They are the go-to instrument to conduct transmission, reflection, and impedance measurements, along with s-parameter measurements during both the design and production processes.
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On the basis of frequency, the market is segmented into:
- Less than 1.5 GHz
- Between 1.5 to 4 GHz
- Between 4 to 10 GHz
- More than 10 GHz
Based on end use, the market is divided into:
- Information Communication and Technology
- Aerospace and Defence
Based on region, the market is divided into:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
Vector Network Analyser Market Trends
The vector network analyser market across the globe is expected to gain momentum over the forecast period on account of the growing industrialisation over the past few years. This is due to the generated requirement for employing vector network analysers for measuring component specifications as well as verifying design simulations.
The demand for vector network analysers across various industries like electronics is rising substantially for certifying the precise workflow of their components and systems. This is further expected to drive the market growth of vector network analysers globally.
The surging employment of IoT in residential, industrial, and commercial sectors is generating a growing demand for utilising vector network analysers to ensure safe operation of the networks which is further expected to fuel the market growth of vector network analysers.
Going further, the growing electronic industry is expected to aid the market growth as vector network analysers are employed to illustrate the electrical properties or performance of a radio frequency component or network of components. They are also linked to familiar measurements like loss, reflection coefficient, and gain. The increasing number of smartphone operators along with a huge adoption of vector network analysers in radio frequency design applications is projected to bolster the market growth in the upcoming years.
Geographically, the North American region is anticipated to register substantial growth in the vector network analyser market share. This is on account of the increasing demand for vector network analysers in the region because of the high employment of vehicles and electronic devices, especially in the United States.
Key Market Players
The major players in the global vector network analyser market report are AWT Global LLC, Transcom Instruments Co., Ltd., Keysight Technologies, Inc., Tektronix, Inc., Rohde & Schwarz Gmbh & Co. Kg, and National Instruments Corp., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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