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The Europe Spectrum Analyzer Market Size would grow at a growth rate of 7.1% CAGR during the forecast period (2017 - 2023).
Spectrum analyzers are used in manufacturing and designing of field services, repairing electrical devices and check their performance, identify errors, and also troubleshoot accordingly. When electrical signals pass through a system, spectrum analyzers are used to analyze signal frequency and amplitude in logarithmic scale. The Europe spectrum analyzer market would grow at a steady pace during the forecast period. Spectrum analyzers are widely accepted in various industry verticals.
Some of the top verticals with wide application of spectrum analyzer are Aerospace, Government & Defense and Telecom & IT. In High energy Physics application areas, there would be a great demand for real-time spectrum analyzers. Companies are also introducing advanced options in spectrum analyzers which would ultimately attracts more and more industry verticals for the usage of spectrum analyzer during the forecast period.
The growing demand for wireless devices and vibrant semiconductor & electronic industry would drive the market for spectrum analyzers. Based on Products, the Spectrum Analyzer market is segmented into Benchtop, Portable, and Handheld. Based on Network Technologies, the market is segmented into Wireless and Wired.
The verticals covered under the report include Semiconductor & Electronics, Telecom & IT, Industry & Energy Sector, Healthcare, Healthcare & Life Sciences, and Others. Based on Country, Spectrum Analyzer market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Spectrum Analyzer market in 2016. France and Russia would witness promising CAGR during the forecast period (2017-2023).
The report covers the analysis of key stake holders of the Spectrum Analyzer market. Key companies profiled in the report include Keysight Technologies, Fortive Corporation, Cobham Plc., Giga-Tronics Incorporated, National Instruments Corporation, Teledyne Technologies Inc., Yokogawa Electric Corporation, and LP Technologies Inc.