Network Analyzer Market by Type (Scalar Network Analyzer, Vector Network Analyzer) by Frequency Range (Less than 100 MHz, 100 MHz to 300 MHz, 300 MHz to 1 GHz, 1 GHz to 100 GHz, 100 GHz to 500 GHz, Above 500 GHz) by End-User (Aerospace & Military, Automotive, Communication, Electronics, Others) : Global Industry Size, Share, Statistics and Forecast 2015 - 2027
The network analyzer market is expected to be worth US$ 717.4 million in 2020, and US$ 1,002.2 million by 2027. The market is expected to grow at a CAGR of 4.9% over the forecast period. With the increased use of high-frequency systems such as cell phones and cable television, network analyzers capable of analysing RF and microwave networks have become increasingly important. Engineers were able to choose from a wider range of price points and performance capabilities as demand for network analyzers increased. As a result, several low-end network analyzers have been commercialised and used in test and manufacturing environments, while high-end network analyzers have remained a focus of research and development.
Interesting Facts of Network Analyzer Market.
Throughout the forecast period, the vector network analyzer sector is expected to grow at the fastest CAGR. The vector network analyzer is expected to command the largest market share.
The network analyzer market in North America is expected to grow at the fastest rate.
The Asia Pacific region will dominate the network analyzer market.
The frequency range of 1 GHz to 100 GHz is expected to have the largest market size. Furthermore, the frequency range 300 MHz to 1 GHz is expected to grow at the fastest CAGR over the forecast period.
Over the forecast period, the automotive category is expected to grow at the fastest CAGR. Furthermore, communication categories are expected to have the largest market size during the forecast period.
COVID-19 Impact
The ongoing COVID-19 outbreak is affecting network analyzer usage in a variety of businesses. During the crisis, certain industries, such as telecommunications, saw a surge in demand for network analyzers, while others, such as automotive, aerospace, and military, are expected to see a decrease in demand due to declines in production and manufacturing processes.
Vector Network Analyzer Segment To Exhibit Lucrative CAGR
On the market, there are two types of network analyzers: scalar network analyzers and vector network analyzers. Over the forecast period, the vector network analyzer market is expected to grow at the fastest CAGR. For measuring incident and reflected waves, a vector network analyzer has a more sophisticated design. In a variety of ways, the vector network analyzer integrates fundamental impedance measuring concepts with microwave-compatible hardware. A vector network analyzer is frequently used to calculate the S-parameters of passive components such as cables, filters, switches, diplexers, duplexers, triplexers, couplers, bridges, transformers, power splitters, combiners, circulators, isolators, attenuators, antennas, and many others. Vector network analyzers can also use S-parameters to characterise active devices like transistors and amplifiers while they are in linear mode. One, two, or more ports are provided on high-frequency equipment.
North America to Increase in its Share Over the Forecast Period
Throughout the forecast period, North America is expected to grow at the fastest CAGR. Because of the presence of numerous players in this region, the market in North America is expected to gain traction over the forecast period. It also serves as a hub for vehicle manufacturers. Continuous technological advancements in the region's automotive and transportation industries are expected to drive network analyzer demand, propelling the North American network analyzer market to new heights.
New Product Launch is One of the Major Strategies by Leading Players
Transcom Instruments, Teledyne LeCroy, Rohde & Schwarz GmbH, Pico Technology, National Instruments Corporation, Key sights Technologies, Copper Mountain Technologies, AWT Worldwide LLC, Anritsu, and Advantest Corporation are some of the major players in the global network analyzer market. Anritsu Corporation will release the ShockLine ME7868A family of modular 2-port vector network analyzers (VNAs) in August 2020, capable of performing comprehensive vector S-parameter measurements over distances of up to 100 metres. The ME7868A VNA, which is made up of two MS46131A 1-port VNAs with the PhaseLyncTM synchronisation option hardware and accessories, connects directly to the device under test (DUT) via the MS46131 as Hazelnut portable VNA ports to deliver vector transmission measurements over longer distances and at a lower cost.
Frequently asked questions about global network analyzer market
The network analyzer market is expected to grow at a CAGR of 4.9% from 2021 to 2027, from US$ 717.4 million in 2020 to US$ 1,002.2 million in 2027.
The number of end-users, who are the primary consumers of network analyzers, has increased significantly, indicating that the market has significant growth potential.
The growing interest in precise manufacturing is a significant market driver. Precision manufacturing has sparked considerable interest as a result of businesses' efforts to reduce input costs, resulting in higher profit margins.
The network analyzer industry will be led by Asia Pacific.
Communication is expected to have the largest market share by end-users.
Market Size Valuation, Share Analysis and Growth Rate by Segments such as Type and Distribution Channel, Company Share, Competitive Landscape and Trends Analysis
Segments covered
Type
Scalar Network Analyzer
Vector Network Analyzer
Frequency Range
Less than 100 MHz
100 MHz to 300 MHz
300 MHz to 1 GHz
1 GHz to 100 GHz
100 GHz to 500 GHz
Above 500 GHz
End-User
Aerospace & Military
Automotive
Communication
Electronics
Others
Regional scope
North America (U.S., Canada and Mexico), Europe (Russia, Spain, Italy, Germany, France, UK, Poland, Belgium, Netherland, Sweden, Denmark, Austria, etc.), Asia Pacific (India, South Korea, China, Japan, Taiwan, Singapore, Vietnam, Thailand, Indonesia, Malaysia, Australia, etc.), Latin America (Peru, Chile, Colombia, Brazil, Argentina, etc.), Middle East (KSA, UAE, Israel, etc.) & Africa (Egypt, Nigeria, South Africa, East African Community, etc.)
