Vector Network Analyzer Market 2018 by Global Leaders: GS Instrument, AWT Global LLC, Anritsu, Keysight Technologies, Transcom Instruments, National Instrument, OMICRON

Market Research Future published a research report on “Vector Network Analyzer Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

Vector network analysis is an approach used by electronic component manufacturers to test the veracity, performance, and other parameters of devices to radio frequencies (RF) of various ranges. Vector network analyzers (VNAs) are the perfect tool for analyzing mixers, modules, amplifiers, etc used in RF designs. They are used in testing component specifications and new prototypes before being launched commercially. As per a comprehensive report prepared by Market Research Future (MRFR), the global Vector Network Analyzer Market is projected to enjoy growth at a 3.74% CAGR during the assessment period (2018-2023).

The development in communication networking technologies can act as a bellwether for further future use of VNAs. The high penetration rate of smartphones and the changing work culture habits can portend a massive growth during the forecast period. The huge volume of data traffic is expected an upsurge owing to emergence of wireless wide area networks (WAN) and metropolitan area networks (MAN). Introduction of VNAs in radiofrequency sandbox units for students can act as a revenue source for the market.

The integration of internet of things (IoT) in industrial and residential settings for faster access to information and expedited production will be instrumental for the market. Furthermore, the bring-your-own-device (BYOD) trend in conglomerates is anticipated to bolster the market demand in the coming years. But substitute technologies for testing and measurement such as scalar network analyzers can pose a challenge to the market.

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Key Players:

Prominent players in the vector network analyzer market include Keysight Technologies Inc. (USA), Rohde & Schwarz GmbH & Co. KG. (Germany), Anritsu Corporation (Japan), Transcom Instruments Co., Ltd. (China), Copper Mountain Technologies (US), National Instrument Corporation (US), OMICRON Lab. (Austria), GS Instrument Co. Ltd. (Korea), Chengdu Tianda instrument Equipment Co., Ltd. (China), HUBER+SUHNER. (Switzerland), AWT Global LLC (US).

Vector Network Analyzer Market – Segmental Analysis

The global market for vector network analyzer is segmented on the basis of frequency type, application, and region.

On the basis of frequency type, the market is segmented into 0.26 – 5 GHz, 26.5 – 40 GHz, 40 – 50 GHz, 50 – 67 GHz, and 67 – 110 GHz. Among these, 0.26 – 5 GHz analyzers are used in radio frequency (RF) component design and testing, semiconductor manufacturing, cable manufacturing, and in educational institutes for training purpose. On the other hand, 26.5 – 40 GHz vector network analyzers are used in laboratories for testing microwave enabled devices. They are also used in fiber optic manufacturing, and testing and Wi-Fi enabled device manufacturing and testing. These devices have the potential in the coming years owing to consumers embracing IoT in their homes.

Furthermore, 40–50 GHz vector network analyzers are used in the automotive industry for component testing and in the healthcare industry for portable medical device testing. In addition, the 50–67 GHz segment is used in electronics manufacturing industry. It is used for quality checks of smart appliances and microwave-enabled reimaging device. Lastly, 67–110 GHz vector network analyzers are used in military, aerospace, and defense sectors for radar manufacturing and testing, rocket components manufacturing and testing and radiofrequency (RF) enabled military communication device manufacturing and testing.

Major applications utilizing VNAs include information technology (IT) and telecommunication, electronic manufacturing, education, automotive, medical, transportation, aerospace and defense, and agriculture. Among these, electronic manufacturing industries have increasingly adopted vector network analyzers for component testing and testing of various electronic devices for high and low frequencies as well as RF technology testing.

Whereas, IT and telecommunication industry has adopted vector network analyzers primarily for wireless communication testing, broadcasts, components testing, and telecom installation and maintenance. Apart from these, the education sector uses vector network analyzers for training new design engineers for testing RF circuits and in the study of equipment and devices for plasma physics in fusion reactors. The automotive industry applies vector network analyzers for the development and measurement of RFID (Radio Frequency Identification) systems within an automobile for safety and security purposes. VNAs are highly popular in healthcare sector organizations for portable medical device testing. They are used in RFID tags to track and monitor patients and equipment.

Regional Outlook

Geographically, the vector network analyzer market has been studied for North America, Europe, Asia Pacific, and the Rest of the World (RoW).
The vector network analyzers are in huge demand in North America on account of the increasing adoption of RF and microwave sensing technologies. VNAs find a broad range of applications in several industries such as IT and telecommunication, transportation, automotive, and electronics. The United States (U.S.) stands at the top in terms of adoption of vector network analyzers in the automotive and electronics industry for real-time component testing, device testing, and scattering measurements.

The market in Asia Pacific is presumed to expand at a high rate owing to adoption and implementation of RF and microwave technology in numerous industries. Furthermore, the advancements in IoT and wireless communication in this region will positively impact the growth of the VNA market in countries such as China, India, and Japan in the coming years. Moreover, the market in the region is maturing steadily with the investors being highly optimistic about the potential the region exhibits. This leads to intense completion among regional market players and propels the market growth immensely. Also, thriving industries such as automotive, aerospace and defense and electronic manufacturing can push the demand for these devices to a large extent in the region.

The Europe market is surging ahead at a healthy growth rate due to strong economic growth and rapid industrialization. Constant technological innovations and product enhancement by market players prove to be beneficial to the market growth in the region.

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Intended Audience

• Educational Institutes
• Semiconductor Manufacturers
• Aerospace and Defense Equipment Vendors
• Medical Device Manufacturers
• Automotive Equipment Manufacturers
• Electronic Manufacturing Companies
• Government Agencies
• Agricultural Equipment Manufacturers
• IT and Telecommunication Providers

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This release was published on openPR.