Global Signal Generator Market: Overview
A device that is used for testing and which produces signals that repeat or non-repeat themselves is known as a signal generator. The output of the device is repeating waveform and the user sets its characteristics. The signal generator is used to repair, design, troubleshoot, and test the electronic devices. Many applications of signal generator can be found in servicing & repair of electronic equipment and research & development. The application of signal generators is found in various industries such as telecommunication, defense, aerospace industry, and others. Electronic instrument improves its capability when equipment is integrated with advanced functionalities and features.
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Global Signal Generator Market: Growth Factors
Manufacturers are attempting to develop high capability device at lower costs thus anticipating to boost the signal generator market growth. Industrial demand for advanced features and functionality, rapid development in the wireless devices, and technology advancement anticipate fueling the market. The emergence of new technology such as EDGE, GSM, WiMAX, and WCDMA may give rise to the market growth. The signal generator has greater demand due to advanced features, functionality, and greater precision of electronic devices. It has greatly influenced the wireless telecom industry. The inflated price of technology and unwillingness to invest in new technologies are major challenges before signal generator market. Growth and development in the telecommunication industry and growing manufacturing plants is expected to create ample opportunities in the market.
Global Signal Generator Market: Segmentation
The signal generator market is segmented based on end-user, products, application, and technology. The end-user segment is classified into electronic, aerospace and defense, telecommunication, industrial, manufacturing, medical sector, automotive, educational sector, and others. Based on the product, the market is diversified into microwave signal generators, radio frequency signal generators, and arbitrary waveform generators. The arbitrary wave signal generator product segment is the dominating among others. The application segment is segregated into certification, designing, repairing, testing, and troubleshooting. Depending on the technology, the signal generator market is divided into long-term evolution, global system for mobile phones, wideband code division multiple access, code division multiple access, and others.
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Global Signal Generator Market: Regional Analysis
North America and Asia-Pacific is leading region for signal generator globally. Asia Pacific is anticipated to grow at faster rate in the near future. Microwave signal generators are expected to be a major market in future. China is the potential market for the signal generators, whereas the shift in the manufacturing base owing to low manufacturing cost in the Asia-Pacific region is anticipated to foster the signal generator market. The surge in advanced technologies such as wireless services and Bluetooth technology is positively affecting the market in the region.
Global Signal Generator Market: Competitive Players
Major market players operating in the global signal generator market include National Instrument Corp., Boonton Electronics Corp., Agilent Technologies Inc., Keithley Instruments, Giga-tronics, and Aeroflex. Other influencing players include Stanford Research Systems, Anritsu Corp., Phase Matrix, B&K Precision, Fluke Corp., and Leader Electronics Corp.
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