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

Network Analyzer Market Analysis

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 analyzing RF and microwave networks have become increasingly important. Engineers could 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 commercialized and used in test and manufacturing environments. In contrast, high-end network analyzers have remained a focus of research and development.

To learn how our report can help you streamline your business, Request Sample Here

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 fastest.
• 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 various businesses. During the crisis, specific industries, such as telecommunications, saw a surge in demand for network analyzers. In contrast, others, such as automotive, aerospace, and military, are expected to see a decrease in order due to declines in production and manufacturing processes.

Vector Network Analyzer Segment To Exhibit Lucrative CAGR

There are two types of network analyzers on the market: scalar network analyzers and vector network analyzers. Over the forecast period, the vector network analyzer market is expected to grow at the fastest CAGR. A vector network analyzer has a more sophisticated design for measuring incident and reflected waves. 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 characterize active devices like transistors and amplifiers while 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

North America is expected to grow at the fastest CAGR throughout the forecast period. Because of the 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 meters. The ME7868A VNA made up of two MS46131A 1-port VNAs with the PhaseLyncTM synchronization 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