RF Test Equipment Market by Type (Oscilloscopes, Signal Generators, Spectrum Analyzers, Network Analyzers), Form Factor (Benchtop, Portable, Modular), Frequency, Application (Telecommunication, Consumer Electronics), and Region - Global Forecast to 2023

The RF test equipment was valued at USD 2.32 Billion in 2016 and is expected to reach USD 3.21 Billion by 2023, at a CAGR of 4.92% during the forecast period. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market based on type, form factor, frequency, application, and geography. The report also provides the information regarding major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the RF test equipment. In addition, the key players in the RF test equipment market are strategically profiled, and their market rank and core competencies are comprehensively analyzed, along with detailing the competitive landscape of market players and describing product launches, product developments, acquisitions, partnerships, expansions, agreements, and collaborations in the market.

This research study involves the extensive use of secondary sources, directories, and databases (such as annual reports, press releases, journals, company websites, paid databases, Electronic Transaction Association, and British Measurement & Testing Association (BMTA)) to identify and collect information useful for this study. The entire procedure includes the study of the financial reports of the top market players. After arriving at the overall market size, the total market has been split into several segments and subsegments and confirmed with key industry experts such as CEOs, VPs, directors, and marketing executives. The following figure shows the breakdown of primaries on the basis of the company type, designation, and region:

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The RF test equipment comprises business entities such as Anritsu (Japan), Fortive (US), Keysight (US), National Instruments (US), Rohde & Schwarz (Germany), Teradyne (US), Yokogawa (Japan), Teledyne Technologies (US), Cobham (UK), EXFO (US), Giga-tronics (US), Chroma (Taiwan), Good Will Instruments (Taiwan), and B&K Precision (US).

Target Audience:

• Companies in the RF device market
• Electronics and semiconductor companies
• Technical standards organizations
• Investment communities in the market
• Research institutes and organizations
• Government and financial institutions
• Venture capitalists
• Private equity firms
• Analysts and strategic business planners

Market Segmentation:

By Type

• Oscilloscopes
• Signal Generators
• Spectrum Analyzers
• Network Analyzers
• Others (Power Meters, Power Sensors, and Multimeters)

By Form Factor

• Benchtop
• Portable
• Modular

By Frequency

• Less than 1 GHz
• 1 GHz to 6 GHz
• More than 6 GHz

By Application

• Telecommunications
• Consumer Electronics
• Automotive
• Aerospace & Defense
• Industrial
• Medical
• Research & Education

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Rest of Europe (Italy, Spain, the Netherlands, Switzerland, Sweden, Portugal, and Belgium)
• Asia Pacific (APAC)
  • China
  • Japan
  • South Korea
  • Rest of APAC (South Korea, Australia, Taiwan, Indonesia, the Philippines, and Vietnam)
• Rest of the World (RoW)
  • Middle East and Africa
  • South America

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players on the basis of various blocks of the value chain

Product Analysis

• Further breakdown of each product with respect to key regions and countries

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Source
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
           2.1.3 Primary and Secondary Research
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top–Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumption

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the RF Test Equipment Market
    4.2 Market, By Type
    4.3 Market, By Application and Region
    4.4 Market, By Frequency
    4.5 Market, By Form Factor
    4.6 Market, By Region

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Adoption of Wireless Networking in In-Building Communication Systems
                    5.2.1.2 Rising Focus on Developing 5g Network-Based Devices
                    5.2.1.3 Increasing Deployment of IoT Technology-Based Devices for Various Applications
           5.2.2 Restraints
                    5.2.2.1 Requirement of Longer Timelines and Extended R&D for Developing New Communication Technologies
           5.2.3 Opportunities
                    5.2.3.1 Adoption of RF Instruments for Automotive Applications
                    5.2.3.2 Adoption of Wireless Technology-Based Devices for Proximity Marketing
           5.2.4 Challenges
                    5.2.4.1 Requirement of Huge Capital to Stay Competitive

6 RF Test Equipment Market, By Type (Page No. - 38)
    6.1 Introduction
    6.2 Oscilloscopes
    6.3 Signal Generators
    6.4 Spectrum Analyzers
    6.5 Network Analyzers
    6.6 Others

7 RF Test Equipment Market, By Form Factor (Page No. - 52)
    7.1 Introduction
    7.2 Benchtop
    7.3 Portable
    7.4 Modular

8 RF Test Equipment Market, By Frequency (Page No. - 57)
    8.1 Introduction
    8.2 Less Than 1 GHz
    8.3 1 GHz to 6 GHz
    8.4 More Than 6 GHz

9 RF Test Equipment Market, By Application (Page No. - 62)
    9.1 Introduction
    9.2 Telecommunications
    9.3 Consumer Electronics
    9.4 Automotive
    9.5 Industrial
    9.6 Aerospace and Defense
    9.7 Medical
    9.8 Research and Education

10 Geographic Analysis (Page No. - 73)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 UK
             10.3.2 Germany
             10.3.3 France
             10.3.4 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Rest of APAC
     10.5 Rest of the World
             10.5.1 Middle East and Africa
             10.5.2 South America

11 Competitive Landscape (Page No. - 88)
     11.1 Introduction
     11.2 RF Test Equipment Market Ranking, 2016
     11.3 Competitive Scenario
     11.4 Developments
             11.4.1 New Product Launches
             11.4.2 Acquisitions
             11.4.3 Partnerships & Collaborations

12 Company Profiles (Page No. - 92)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     12.1 Keysight Technologies
     12.2 Fortive
     12.3 Rohde & Schwarz
     12.4 Anritsu
     12.5 National Instruments
     12.6 Cobham
     12.7 EXFO
     12.8 Teradyne
     12.9 Viavi Solutions
     12.10 Giga-Tronics
     12.11 Yokogawa Electric
     12.12 Chroma ATE
     12.13 Teledyne Technologies
     12.14 Good Will Instruments
     12.15 B&K Precision
     12.16 Key Startup Companies
             12.16.1 Prisma Telecom Testing
             12.16.2 Infinite Electronics
             12.16.3 Era Instruments
             12.16.4 Freedom Communication Technologies
             12.16.5 Saluki Technology

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 135)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details

List of Tables (60 Tables)

Table 1 RF Test Equipment Market in Terms of Value and Volume, By Type, 2015–2023
Table 2 Market, By Type, 2015–2023 (USD Million)
Table 3 Market, By Type, 2015–2023 (Thousand Units)
Table 4 Market for Oscilloscopes, By Application, 2015–2023 (USD Million)
Table 5 Market for Oscilloscopes, By Form Factor, 2015–2023 (USD Million)
Table 6 Market for Oscilloscopes, By Frequency, 2015–2023 (USD Million)
Table 7 Market for Oscilloscopes, By Region, 2015–2023 (USD Million)
Table 8 Market for Signal Generators, By Application, 2015–2023 (USD Million)
Table 9 Market for Signal Generators, By Form Factor, 2015–2023 (USD Million)
Table 10 Market for Signal Generators, By Frequency, 2015–2023 (USD Million)
Table 11 Market for Signal Generators, By Region, 2015–2023 (USD Million)
Table 12 Market for Spectrum Analyzers, By Application, 2015–2023 (USD Million)
Table 13 Market for Spectrum Analyzers, By Form Factor, 2015–2023 (USD Million)
Table 14 Market for Spectrum Analyzers, By Frequency, 2015–2023 (USD Million)
Table 15 Market for Spectrum Analyzers, By Region, 2015–2023 (USD Million)
Table 16 Market for Network Analyzers, By Application, 2015–2023 (USD Million)
Table 17 Market for Network Analyzers, By Form Factor, 2015–2023 (USD Million)
Table 18 Market for Network Analyzers, By Frequency, 2015–2023 (USD Million)
Table 19 Market for Network Analyzers, By Region, 2015–2023 (USD Million)
Table 20 Market for Other Types, By Application, 2015–2023 (USD Million)
Table 21 Market for Other Types, By Form Factor, 2015–2023 (USD Million)
Table 22 Market for Other Types, By Frequency, 2015–2023 (USD Million)
Table 23 Market for Other Types, By Region, 2015–2023 (USD Million)
Table 24 Market, By Form Factor, 2015–2023 (USD Million)
Table 25 Benchtop RF Test Equipment Market, By Type, 2015–2023 (USD Million)
Table 26 Portable RF Test Equipment Markey, By Type, 2015–2023 (USD Million)
Table 27 Modular RF Test Equipment Markey, By Type, 2015–2023 (USD Million)
Table 28 RF Test Equipment Market, By Frequency, 2015–2023 (USD Million)
Table 29 Market for RF Test Equipment With Less Than 1 GHz Frequency, By Type, 2015–2023 (USD Million)
Table 30 Market for RF Test Equipment With 1 GHz to 6 GHz Frequency, By Type, 2015–2023 (USD Million)
Table 31 Market for RF Test Equipment With More Than 6 GHz Frequency, By Type, 2015–2023 (USD Million)
Table 32 Global Smartphone Market, By Region, 2015–2023 (Million Units)
Table 33 RF Test Equipment Market, By Application, 2015–2023 (USD Million)
Table 34 Market for Telecommunications Application, By Type, 2015–2023 (USD Million)
Table 35 Market for Telecommunications Application, By Region, 2015–2023 (USD Million)
Table 36 Market for Consumer Electronics Application, By Type, 2015–2023 (USD Million)
Table 37 Market for Consumer Electronics Application, By Region, 2015–2023 (USD Million)
Table 38 Market for Automotive Application, By Type, 2015–2023 (USD Million)
Table 39 Market for Automotive Application, By Region, 2015–2023 (USD Million)
Table 40 Market for Industrial Application, By Type, 2015–2023 (USD Million)
Table 41 Market for Industrial Application, By Region, 2015–2023 (USD Million)
Table 42 Market for Aerospace and Defense Application, By Type, 2015–2023 (USD Million)
Table 43 Market for Aerospace and Defense Application, By Region, 2015–2023 (USD Million)
Table 44 Market for Medical Application, By Type, 2015–2023 (USD Million)
Table 45 Market for Medical Application, By Region, 2015–2023 (USD Million)
Table 46 Market for Research and Education Application, By Type, 2015–2023 (USD Million)
Table 47 Market for Research and Education Application, By Region, 2015–2023 (USD Million)
Table 48 Market, By Region, 2015–2023 (USD Million)
Table 49 Market in North America, By Type, 2015–2023 (USD Million)
Table 50 Market in North America, By Application, 2015–2023 (USD Million)
Table 51 Market in North America, By Country, 2015–2023 (USD Million)
Table 52 Market in Europe, By Type, 2015–2023 (USD Million)
Table 53 Market in Europe, By Application, 2015–2023 (USD Million)
Table 54 Market in Europe, By Country, 2015–2023 (USD Million)
Table 55 Market in APAC, By Type, 2015–2023 (USD Million)
Table 56 Market in APAC, By Application, 2015–2023 (USD Million)
Table 57 Market in APAC, By Country, 2015–2023 (USD Million)
Table 58 Market in RoW, By Type, 2015–2023 (USD Million)
Table 59 Market in RoW, By Application, 2015–2023 (USD Million)
Table 60 Market in RoW, By Country, 2015–2023 (USD Million)

List of Figures (41 Figures)

Figure 1 RF Test Equipment Market Segmentation
Figure 2 Research Design
Figure 3 Data Triangulation
Figure 4 RF Test Equipment Market for Spectrum Analyzers Expected to Grow at the Highest CAGR During the Forecast Period
Figure 5 RF Test Equipment With More Than 6 GHz Frequency Expected to Dominate the Market During 2017–2023
Figure 6 Benchtop RF Test Equipment Expected to Hold the Largest Market Size in 2017
Figure 7 RF Test Equipment Market for Automotive Application Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 APAC Expected to Hold the Largest Market Share in 2017
Figure 9 Growing Adoption of IoT Devices Drives the Growth of the RF Test Equipment Market in Near Future
Figure 10 Oscilloscopes Expected to Hold the Largest Size of the RF Test Equipment Market During the Forecast Period
Figure 11 Consumer Electronics Application and APAC Expected to Account for the Largest Market Share By 2023
Figure 12 RF Test Equipment With More Than 6 GHz Frequency Expected to Dominate the Market During the Forecast Period
Figure 13 Benchtop RF Equipment Expected to Hold the Largest Market Size During the Forecast Period
Figure 14 RF Test Equipment Market in APAC Expected to Grow at the Highest CAGR During 2017–2023
Figure 15 Increasing Deployment of IoT Technology-Based Devices in Various Applications and Growing Adoption of In-Building Communication Systems Drivethe RF Test Equipment Market
Figure 16 Market, By Type
Figure 17 Oscilloscopes to Lead the RF Test Equipment Market During the Forecast Period
Figure 18 Market, By Form Factor
Figure 19 Market for Modular Spectrum Analyzers Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Market, By Frequency
Figure 21 Oscilloscopes With A Frequency of 1 GHz to 6 GHz to Account for the Largest Share of the RF Test Equipment Market in 2017
Figure 22 Market, By Application
Figure 23 Consumer Electronics Application to Account for the Largest Size of the RF Test Equipment Market By 2023
Figure 24 Market Snapshot: North America
Figure 25 Market Snapshot: Europe
Figure 26 Market Snapshot: Asia Pacific
Figure 27 Consumer Electronics Application Likely to Dominate the Market in RoW During 2017–2023
Figure 28 Organic and Inorganic Strategies Adopted By Companies in the Market
Figure 29 Keysight Technologies: Company Snapshot
Figure 30 Fortive: Company Snapshot
Figure 31 Rohde & Schwarz: Company Snapshot
Figure 32 Anritsu: Company Snapshot
Figure 33 National Instruments: Company Snapshot
Figure 34 Cobham: Company Snapshot
Figure 35 EXFO: Company Snapshot
Figure 36 Teradyne: Company Snapshot
Figure 37 Viavi Solutions: Company Snapshot
Figure 38 Giga-Tronics: Company Snapshot
Figure 39 Yokogawa: Company Snapshot
Figure 40 Chroma ATE: Company Snapshot
Figure 41 Teledyne: Company Snapshot

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.

Asia Pacific (APAC) is expected to hold the largest share of the RF test equipment market during the forecast period owing to the growing demand for smartphones is driving the growth of the market in the region. Also, the connectivity solution providers, namely Huawei (China), MediaTek (Taiwan), Renesas (Japan), Sony (Japan), and Samsung (South Korea) are based in this region. R&D teams of top global fabless companies are working in Indian offices. Owing to the presence of manufactures and R&D centers in the region, the demand of RF test equipment in APAC, which is expected to drive the growth of the RF test equipment market in APAC in the near future.

However, the longer period of technology shift is expected to be one of the key factors restraining the market growth.

Dominant players in the RF test equipment market include Anritsu (Japan), Fortive (US), Keysight (US), National Instruments (US), Rohde & Schwarz (Germany), Teradyne (US), Yokogawa (Japan), Teledyne Technologies (US), Cobham (UK), EXFO (US), Giga-tronics (US), Chroma (Taiwan), Good Will Instruments (Taiwan), and B&K Precision (US).

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

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