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The North America Spectrum Analyzer Market Size is poised to grow at a growth rate of 7% 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 North America spectrum analyzer market would grow at a steady pace during the forecast period. Electronic laboratories extensively use spectrum analyzers as these instruments are used to in wide range of applications, such as audio, video, communications, radar, and many other designs. Nevertheless, the price of spectrum analyzers would be a concern for some of the market participants. The introduction of new and affordable oscilloscopes with built-in spectrum analyzer capability would drive the prices down, making the market attractive the different level of participants.
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 US, Canada, Mexico and Rest of North America. US remained the dominant Country in the North America Spectrum Analyzer market in 2016. Canada 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.