Research and Markets - Global Signal Generator Market 2016-2020 with Keysight Technologies, National Instruments, Agilent Technologies, Anitsu, B&K Precision, Keithley Instruments, Rohde&Schwarz & Tektronix Dominating
The global signal generator market to grow at a CAGR of 9.15% during the period 2016-2020.
Global Signal Generator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A key trend which is boosting market growth is the emergence of multipurpose generators. It has become necessary to evaluate interferences from other built-in systems because of the different frequency bands for a number of multifunction receivers such as navigation systems and mobile phones.
The multipurpose generators or devices offer different functionalities such as dual RF and dual waveform with high function and baseband performance. For instance, Anritsu's MG3710A generators offer dual RF and dual waveform, which enable a single MG3710A to provide an output of up to four modulated signals.
According to the report, a key growth driver is the increased adoption of electronic devices. Rapid advances in technologies like wireless, fast processors, and signal transferring has led to an increase in the demand for devices such as signal generators, which testify and validate the flow of current in the internal circuit.
The adoption of advanced technologies and their compatibility with devices such as smartphones and tablets has led to the use of signal generators during and after the production process. The increased use of sensors and other advanced technologies worldwide has increased the need for the use of signal generators during pre-production processes such as designing and post manufacturing to check the conformance and accuracy of products.
Further, the report states that a major factor that could hamper market growth is the rise in demand for used and rental test equipment. The demand for used and rental general purpose test equipment such as signal generators has increased significantly. End-users in the signal generator market are becoming price-sensitive.
This had a negative impact on signal generator manufacturers because it reduced the demand for new test equipment and resulted in a reduced cash flow for vendors. The global economic slowdown has compelled companies to reduce their prices to increase the sales of their products. Competitive pricing will have an adverse effect on the vendors' margins.