and Yokogawa Electric Corporation, etc.Īnalyzer Type, Offering, Frequency Range, Design Type, Technology Type, End-Use Industry, RegionĪsia Pacific, Europe, North America, Latin America, Middle East and Africa The report has also analysed the competitive landscape of the market with some of the key players being Advantest Corporation, Anritsu Corporation, Avcom of Virginia Inc., B&K Precision Corporation, Cobham Plc, Fortive Corporation, Giga-Tronics Incprporated, Keysight Technologies Inc., National Instruments Corporation, Rohde & Schwarz GmbH & Co. Our report has categorized the market based on analyzer type, offering, frequency range, design type, technology type and end-use industry. IMARC Group provides an analysis of the key trends in each sub-segment of the global spectrum analyzer market report, along with forecasts for growth at the global and regional level from 2021-2026. Other factors, including rapid industrialization and extensive research and development (R&D) activities in the field of information technology (IT) and telecommunications, are projected to drive the market further. Additionally, various technological advancements, such as the development of portable and hand-held spectrum analyzers, along with the widespread operation of long-term evolution (LTE) services that use the product for minimal interference and smoother communications, are creating a positive impact on the market. In line with this, there is a growing demand for wireless spectrum analyzers with multi-tasking capabilities that can meet the requirements of radar lab tests and can also be used for other high-frequency applications. Furthermore, the widespread utilization of wireless technology across various sectors, such as automotive, telecommunications, healthcare and aerospace, is also providing a boost to the market growth. Significant growth in the electronics industry is one of the key factors driving the growth of the market. It can also determine the average noise level of the device, minimize signal interference and improve the overall performance of wireless routers. These devices are commonly used for manufacturing and designing electrical appliances, error detection and troubleshooting. Some of the commonly used spectrum analyzers include the swept or super-heterodyne and filter bank spectrum analyzers. On the device, the frequency appears on the horizontal axis and the amplitude is displayed on the vertical axis. These insights are included in the report as a major market contributor.Ī spectrum analyzer, or signal analyzer, refers to laboratory equipment that is used for determining the bandwidth of an analog or digital signal. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. The global spectrum analyzer market exhibited moderate growth during 2015-2020.
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