The RF test equipment market is estimated to be worth USD 3.5 billion in 2022 and is projected to reach USD 4.6 billion by 2027, at a CAGR of 6.1% during the forecast period. Surging adoption of wireless systems in residential and commercial buildings, rising number of smartphone subscriptions, increasing use of 5G-compatible devices, and growing number of IoT-connected devices are the major factors boosting the growth of RF test equipment market.
The key players in the RF test equipment market are Keysight Technologies, Inc. (US), Anritsu Group (Japan), Rohde & Schwarz (Germany), Tektronix, Inc. (US), and Teledyne Technologies Incorporated (US). The market players have adopted various organic and inorganic growth strategies such as development of advanced products, expansions, partnerships, collaborations, agreements, and acquisitions to strengthen their position in the market.
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Keysight Technologies, Inc. is a global leader in providing RF test equipment. The Electronic Industrial Solutions Group of Keysight Technologies, Inc. offers test and measurement solutions and related services for automotive, consumer electronics, and semiconductor design and manufacturing applications. The diverse range of RF test equipment offered by the company includes signal analyzers, signal generators, network analyzers, network emulation tools, and power meters. The company focuses on organic and inorganic growth strategies, such as product launches, expansions, partnerships, and acquisitions, to strengthen its position as the market leader. For instance, in November 2020, Keysight Technologies expanded its portfolio of oscilloscopes by launching the Infiniium EXR-Series oscilloscope, equipped with 8 channels and facilitates simplified debugging, power measurement, and remote collaboration capabilities.
Anritsu Group is a leading manufacturer of RF test equipment. The company focuses on several organic and inorganic growth strategies to strengthen its market position, such as product launches, partnerships, and collaborations. Anritsu constantly upgrades its product portfolio by developing new and advanced test equipment for various applications. The company extensively spends on R&D activities to develop new products.
Rohde & Schwarz is a global leader in developing products and solutions for testing & measurement, communications, networks, cybersecurity, and broadcast & media markets. Through the Test & Measurement Division, the company offers a comprehensive range of testing and measurement instruments for testing components and devices. The testing and measurement instruments offered by the company are mainly used for automotive, industrial, aerospace & defense and research applications. The company’s comprehensive RF test equipment portfolio mainly includes network analyzers, spectrum analyzers, oscilloscopes, and signal generators. The company mainly focuses on organic growth strategies such as product development to strengthen its position in the market.
Tektronix, Inc. is a global leader in providing test and measurement solutions extensively used in communication, consumer electronics, semiconductor, defense, automotive and industrial end markets. Tektronix’s diverse product portfolio of test and measurement systems and equipment mainly includes oscilloscopes and probes; analyzers, signal generators, sources, and supplies; meters; switching and data acquisition systems; semiconductor test systems; components and accessories software; and refurbished test equipment. The company mainly relies on developing new products to strengthen its position in the market.
Teledyne Technologies Incorporated offers advanced technologies and solutions for high-growth industrial markets. The company’s diverse range of products is extensively used for applications pertaining to aerospace & defense; factory automation; air and water quality environmental monitoring; electronics design and development; and other high-growth end markets. Teledyne’s diverse range of RF test equipment includes oscilloscopes, arbitrary waveform generators, spectrum analyzers, network analyzers, and power meters. The company specializes in developing high-speed oscilloscopes and protocol analyzers for various electronic test and measurement applications. The company extensively focuses on organic growth strategies, such as product launches and expansions, to strengthen its position in the market.
RF Test Equipment Market by Type (Oscilloscopes, Spectrum Analyzers, Signal Generators, Network Analyzers), Frequency Range (More than 6 GHz, 1 to 6 GHz, Less than 1 GHz), Form Factor, End-use Application and Region- Global Forecast to 2027
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
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