A new market research report has suggested that the signal generator market will surpass $800 million by 2018.
According to the report, “Signal Generators Market by Products (Arbitrary Waveform, RF, Microwave, Function), Applications (Designing, Testing, Repairing), End Users (Telecommunication, Electronics Manufacturing, Industrial) And Technology (WCDMA, GSM, LTE) 2013-2018” by global market research and consulting company MarketsandMarkets, the signal generator market is expected to grow at a CAGR of 10.4 percent from 2013 to 2018 and reach $822.22 million by 2018.
The continuing development of the telecommunications industry and drastic expected growth in the aerospace and defense industries are expected to be the primary factors in increasing sales of signal generators and other test and measurement equipment, MarketsandMarkets said. However, increasing price pressure and possible reluctance to invest in new technologies could potentially restrict growth for the signal generators market.
The report explores the overall market with respect to four major geographical areas—North America, Europe, APAC and the “rest of the world”—that are then further segmented on the basis of different products, applications and end-users of signal generators. All major applications and types of signal generators are discussed. Additional drivers, restraints and opportunities for the signal generators market are also covered.
