Press release
RF Equipment System Market : World Approaching Demand & Growth Prospect 2020-2030-Fortive (US), Keysight (US), Yokogawa (Japan)
RF test equipment is a device that delivers high frequency signals between RF test equipments and devices. It routes the radio frequency produced by an electronic device by supplying current through an antenna creating an electromagnetic field.
Rising Applications from Automotive Industry
Automotive industry is continuously focussing on inserting technology in vehicles. RF electronic components in automobiles have resulted in much safer, efficient connected vehicles. RF applications when used in new vehicles need a thorough check up by testing transmitter and receiver systems. After the testing is done, vehicle is all set to provide technological comfort. Thus, rise of technology in automotive industries is escalating the sales of RF equipment system.
Limited spectrum and weather impact
Inconsistency of RF based wireless system, sometimes due to low network or due to climatic conditions can have a negative impact on its sales. Wireless communication need bandwidth, strong internet connection inspite of weather conditions. Furthermore, difficulty in installation and high costs are other factors that may inhibit the growth.
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Competitive Landscape
Fortive (US)
Keysight (US)
Yokogawa (Japan)
Teledyne Technologies (US)
Giga-tronics (US)
Good Will Instruments (Taiwan)
Anritsu (Japan)
Teradyne Inc
Cobham PLC
Viavi Solutions, Inc
Recent developments by the manufacturers are:
In June 2020, Keysight launched a new family of photovoltaic array simulators delivering 2000V and 20kW of power in a 3U format. The launch enables the engineers to maximise solar power conversion.
Yokogawa Electric Corporation and Hirotsu Bio Science Inc. have announced their partnership 1 week ago. The partnership aims to expand the use of HBS’s N-NOSE cancer screening test service. The screening detects cancer utilizing the highly sensitive olfactory sensory functions of nematodes to detect cancer.
Giga-tronics in August 2020 has announced the launch of new wide bandwidth RF playback solution for radar and electronic warfare applications particularly designed for military electronics applications. The launch is a part of company’s COMPASS platform (Coherent MultiChannel Playback Acquisition Streaming System).
Regional Outlook
Asia Pacific is projected to be holding the largest market share owing to vast population. India is the biggest market for smart phone companies driving the growth of RF equipments in the region. Connectivity solution providers such as Huawei, MediaTek, Sony, etc are based in Asia only. Owing to presence of solution providers and research and development team in Asia is expected to drive the growth during the forecast period too.
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Segmentation
By Type
Oscilloscopes
Signal Generators
Spectrum Analyzers
Network Analyzers
Power meters
Power sensors
Multimeters
By Form Factor
Benchtop
Portable
Modular
By Frequency
6GHz
By Application
Telecommunications
Consumer Electronics
Automotive
Aerospace &defense
Industrial
Medical
Research and Education
By Geography
North America
Europe
Asia Pacific
Rest of the World
Key Questions Answered
Which application segments is project to hold the largest demand?Telecommunication factor, medical sector and aerospace are the segments expected to utilize RF equipments more.
Which is the SpaceX project requiring RF solutions?Global Wi-Fi project from SpaceX will require approximately 40,000 satellites into orbit to beam wireless internet globally in Ku and K band range.
What drivers are there escalating RF equipment market?
Adoption of front end modules.
Adoption of IoT and 5G technologies.
Application in Automobiles.
Growing demand for electronic products, vehicles, and defense products.
Which regions may lead the market during the forecast period 2021-2031?Asia Pacific, Europe and North America are the global competitive markets focussing on more and more developments, usage and adoption of new technologies.
List the manufacturers of RF equipment system.Teledyne Technologies (US), Giga-tronics (US), Good Will Instruments (Taiwan), Anritsu (Japan) are some of the companies focussing on research and developments in RF technologies.
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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
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