The overall spectrum analyzer market was valued at USD 999.2 Million in 2015 and is expected to reach USD 1,750.0 Million by 2022, at a CAGR of 8.48% between 2016 and 2022. The most widely used spectrum analyzers in the test & measurement ecosystem are swept-tuned spectrum analyzer and vector signal spectrum analyzer. The market for spectrum analyzers witnessed a decent growth in North America and APAC in 2015 because of the presence of several spectrum analyzer manufacturing companies in these regions and the emerging application areas in industries such as telecommunication, automotive, and healthcare in the recent years.
The competition in spectrum analyzer market is high because of the presence of a large number of players.
Major Spectrum Analyzer Companies Include:
Keysight Technologies has its headquarters in California, U.S. In November 2014, Keysight Technologies was spun off from Agilent Technologies (U.S.) for USD 167 million. Agilent Technologies has its headquarters in California, U.S. and employed approximately 10,250 people as of 2015. The company operates in more than 30 countries. As of 2015, Agilent Technologies generated ~35% of its revenue from the Americas and ~36% from the rest of the world which includes Asia and Europe. In the same year, Agilent technologies generated ~19% of its revenue from China. New product development and acquisition were the major strategies adopted by Keysight Technologies between 2014 and 2016. For instance, in July 2016, Keysight Technologies launched BenchVue software which provides multiple instrument measurement applications, data capture, and solution applications without the need for instrument programming. This software enhances the platforms capabilities by allowing the creation of automated tests without programming. In 2015, Keysight Technologies acquired Anite (U.K.) and Electroservices Enterprises Limited (U.K.). In 2014, Keysight Technologies launched the industrys first signal analyzer to provide swept and FFT capabilities in PXI form.
Rohde & Schwarz GmbH & Co., Kg has its headquarters in Munich, Germany and employed approximately 9,900 people as of 2015. In the same year, Rohde & Schwarz generated revenue worth USD 2.10 billion. The company provides solutions for industries such as aerospace & defense, broadcast & media, government & security, wireless communications, and automotive. It employs people in over 70 countries; 650 in-house training courses are offered every year and development centers are located in the U.S., Singapore, Korea, China, Denmark, France, and the U.K. New product development and collaboration were the major strategies adopted by Rohde & Schwarz between 2013 and 2015. For instance, in 2015, Rohde & Schwarz launched the new R&S FSVA, an enhanced mid-range signal and spectrum analyzer for signal analysis and demodulation up to millimeter wave frequencies. The company expanded the analysis bandwidth of its R&S FSW high-end signal and spectrum analyzer to 2 GHz by introducing the new R&S FSW-B2000 hardware option. In 2015, Rohde & Schwarz GmbH collaborated with NTT DOCOMO for technological development of 5G mobile communication. This collaboration would cover multiple aspects of 5G technologies for test & measurement instruments.
Related Reports:
Spectrum Analyzer Market by Offering (Product & Software), Type (Swept-Tuned, Vector Signal, Real-Time), Range (<6 GHz, 6 GHz–18 GHz, >18 GHz), Form Factor (Handheld, Portable, Benchtop), Network Technology, End-User Industry - Global Forecasts to 2022
See Also :
Test and Measurement Equipment Companies
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