The Global RF Test Equipment Market is Predict to reach $4.8 Billion by 2028, at a CAGR of 6.2%

Published Date: 20-Jan-2023

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RF Test Equipment Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global RF Test Equipment Market size is expected to reach $4.8 billion by 2028, rising at a market growth of 6.2% CAGR during the forecast period.

The More than 6 GHz segment acquired maximum revenue share in the Global RF Test Equipment Market by Frequency Range in 2021 thereby, achieving a market value of $2.4 billion by 2028. The growing demand for RF test equipment as a result of the increased use of 5G technology-based devices has given market players a chance to introduce cutting-edge solutions appropriate for a variety of uses.

The Consumer Electronics segment is showcasing a CAGR of 4.6% during (2022 - 2028). The data transfer rate is anticipated to expand further with the introduction of 5G technology and the future 6G technology, which will raise demand for RF components built into smartphones. In addition, it is anticipated that the market for RF test equipment for consumer electronics would benefit from the rising popularity of smartphones and the rising demand for high-speed data transmission rates.

The Benchtop segment is leading the Global RF Test Equipment Market by Form Factor in 2021 thereby, achieving a market value of $1.9 billion by 2028. RF test equipment across numerous industry verticals, including telecommunications, consumer electronics, automotive, aerospace & defence, medical, and research & education. benchtop equipment provides great capabilities, therefore designers choose it during the product development stage.

The Spectrum Analyzers segment is experiencing a CAGR of 7.4% during (2022 - 2028). The widespread use of wireless technologies in a variety of applications, like network-based devices and smart manufacturing, is one of the key drivers driving the growth of the spectrum analyzer market. The development of new types of spectrum analyzers, considerable increases in their bandwidth and frequencies, and the widespread use of portable devices are further factors supporting the growth of the spectrum analyzer market.

The Asia Pacific market dominated the Global RF Test Equipment Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.7 billion by 2028. The Europe market is exhibiting a CAGR of 5.7% during (2022 - 2028). Additionally, The North America market would display a CAGR of 5.5% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/rf-test-equipment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Teledyne FLIR LLC (Teledyne Technologies Incorporated), Keysight Technologies, Inc., Anritsu Corporation, Fortive Corporation (Tektronix, Inc.), National Instruments Corporation, Boonton Electronics (Wireless Telecom Group, Inc), Rohde & Schwarz GmbH & Co. KG, AnaPico AG, B&K Precision Corporation, and Berkeley Nucleonics Corporation.

Global RF Test Equipment Market Segmentation

By Frequency Range

  • More than 6 GHz
  • 1 to 6 GHz
  • Less than 1 GHz

By End-Use

  • Consumer Electronics
  • Industrial
  • Automotive
  • Aerospace & Defense
  • Telecommunications
  • Research & Development
  • Medical & Others

By Form Factor

  • Benchtop
  • Rackmount
  • Portable
  • Modular

By Type

  • Oscilloscopes
  • Signal Generators
  • Network Analyzers
  • Spectrum Analyzers
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Teledyne FLIR LLC (Teledyne Technologies Incorporated)
  • Keysight Technologies, Inc.
  • Anritsu Corporation
  • Fortive Corporation (Tektronix, Inc.)
  • National Instruments Corporation
  • Boonton Electronics (Wireless Telecom Group, Inc)
  • Rohde & Schwarz GmbH & Co. KG
  • AnaPico AG
  • B&K Precision Corporation
  • Berkeley Nucleonics Corporation

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America RF Test Equipment Market size & Opportunities 2022-2028

Europe RF Test Equipment Market & Growth Forecast 2022-2028

Asia Pacific RF Test Equipment Market Share & Industry Outlook to 2028

LAMEA RF Test Equipment Market Growth, Trends & Forecasts 2022-2028

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