Global Vector Network Analyzer Market expected to reach USD 386.4 MN by 2023
The network analyzer is also called as radio frequency (RF) analyzer, this device is extensively used to measure the network parameter of electric network. This system is a combination of software and hardware. RF network analyzer can be categorized as scalar network analyzer (SNA) and vector network analyzer (VNA). Though scalar network analyzer aids in measuring magnitude related measurements, whereas vector network analyzer assist in the measurement of both magnitude and phase related measurements.
The report “Global Vector Network Analyzer Market Research Report - Industry Analysis, Size, Share, Growth, Trends And Forecast 2016 - 2023”
by DecisionDatabases.com projects the global vector network analyzer market
to grow at a CAGR of 2.80% from USD 318.5 MN in 2016 and reach USD 386.42 MN by 2023. The market of vector network analyzer (VNA) is supported by growth in electronics & telecommunication, aerospace & defense sector and manufacturing line across the globe. Owing to its application in performing full system error correction, testing of anti-malware programs, monitoring bandwidth utilization and configuring alarms for threat are the key factors driving the market growth. VNA market is expected to expand its parameter in the upcoming years as it has helped to make many modern technology possible today. At the same time, increasing wireless LAN and wireless MAN applications are the major factors pushing the market uphill.
VNA has been successfully implanted its presence in various region but North America being the strong electronic manufacturer region is dominating the market supported by the industrial growth in countries like India and China is expected to boost the growth overall. Moreover, many manufacturer from automotive and electronic sectors are penetrating into the market is likely to expand the market in the near future.
With the evolving advanced technology and rising adoption of IoT (Internet of things) devices, and initiatives taken by government to expand the IoT services are rising in many nation to bring process improvement. Also, the growing demand for cloud computing solutions and recent advances in communication technologies are the key factors expected to catalyze the market. However, the burgeoning demand for high-frequency devices has bolstered the uptake of the VNA platform across the globe.
The report studies the market by product type ( <1.5GHz, 1.5-4GHz, 4-10GHz, >10GHz), and by end-use industry the report segments vector analyzer market as the Communications, Automotive and Electronic Manufacturing. The report covers the geographical regions of North America (NA), Europe (EU), Asia Pacific (APAC),Latin America (LA) and Middle East & Africa (MEA).It’s a complete guide to study in detail the vector analyzer industry.
The report profiles the coompany Overview, Financial, Major Products & Recent Development of some eminent market players - Advantest Corp., Amnis Co. Ltd., Anritsu Corp., AWT Global LLC,Chengdu Tianda Instrument & Equipment Co. Ltd.,Copper Mountain Technologies,Keysight Technologies Inc.,Nanjing PNA Instruments Co. Ltd., National Instruments Corp., OMICRON electronics GmbH, Rohde & Schwarz GmbH & Co. KG,The 41st Institute of CETC., Transcom Instruments Co., Ltd. among others.
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