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The LAMEA Spectrum Analyzer Market Size is estimated to witness a market growth of 10.5% 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 Spectrum analyzers have found to be extremely sensitive; therefore, are particularly useful in mechanical and electrical technical measurements. Incoming or transmitted signals are measured and frequencies are accordingly displayed. The growing demand for wireless devices and vibrant semiconductor & electronic industry would drive the market for spectrum analyzers. The spectral results help to identify physical and electrical performance of various items. Spectral analysis is majorly used in the IT & telecommunication, medical & healthcare, semiconductors & electronics, industrial & energy, and aerospace & defense sectors.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of Latin America, Middle East & Africa (LAMEA). Brazil remained the dominant Country in the Latin America, Middle East and Africa Spectrum Analyzer market in 2016. UAE and Saudi Arabia 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.