The signal generators market size has grown strongly in recent years. It will grow from $1.39 billion in 2023 to $1.5 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The increase in the historical period can be attributed to factors such as the growing telecommunication industry, an increasing demand for electronic devices, advancements in aerospace and defense, the globalization of electronics manufacturing, and the rapid growth in IoT (Internet of Things) devices.
The signal generators market size is expected to see strong growth in the next few years. It will grow to $1.98 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The anticipated growth in the forecast period can be attributed to factors such as the implementation of 5G, the emergence of new communication standards, expanding applications in the automotive sector, the integration of AI (artificial intelligence) and ML (machine learning), and increased demand in healthcare electronics. Key trends expected in the forecast period include technological advancements, an increased emphasis on research and development (R&D), advancements in renewable energy technology, a heightened focus on cybersecurity, and an increased adoption of remote testing solutions.
The signal generator market is poised for growth, propelled by the expanding automotive industry. The automotive industry encompasses companies, organizations, and activities engaged in the design, development, manufacturing, and related activities of motor vehicles. Strong demand for automobiles is driven by factors such as enhanced fuel efficiency, advancements in autonomous driving capabilities, and evolving consumer preferences towards innovative mobility solutions. Signal generators play a crucial role in the automotive sector, facilitating the testing and diagnosis of various vehicle components to ensure safety, performance, and reliability. According to the European Automobile Manufacturers Association in May 2023, global motor vehicle production reached 85.4 million units in 2022, reflecting a substantial 5.7% increase compared to the previous year. Brand Finance plc reported approximately 78 million unit sales in the automobile sector for 2022, marking a significant 10% rise compared to both 2021 and 2020. Consequently, the burgeoning automotive industry is a key driver behind the growth of the signal generator market.
Prominent companies in the signal generator market are actively pursuing technological advancements, exemplified by innovations such as the SHFSG (Super-High-Frequency Signal Generator), tailored to meet market demands for higher operating frequencies and wider bandwidths. The SHFSG is a next-generation signal generator designed for qubit control in quantum computing. It enables the production of freely programmable pulse sequences for manipulating superconducting and spin qubits, achieving higher fidelities than previous methods. Zurich Instruments Ltd., a Switzerland-based test and measurement company, launched the SHFSG Signal Generator in March 2021. This innovative signal generator operates in the frequency range from DC to 8.5 GHz with a spurious-free modulation bandwidth of 1 GHz. It boasts features such as a broad frequency range, channels, scalability, integration and control, calibration, and time-saving attributes. The SHFSG's double superheterodyne approach for frequency up-conversion eliminates the need for mixer calibration, optimizing system tuning efficiency.
In December 2022, E-Space, a France-based satellite communications company, acquired CommAgility Ltd. for $14.5 million. This strategic acquisition enables E-Space to integrate CommAgility's 5G code into its space-based technologies, accelerating advancements in 5G NTN (Non-Terrain Networks), 5G-Advanced, and 6G innovations, thereby advancing its space-based connectivity solutions. CommAgility Ltd., a UK-based developer specializing in embedded signal processing, RF (radiofrequency) modules, and signal generators, contributes valuable expertise to E-Space's portfolio.
Major companies operating in the signal generators market are Agilent Technologies, Ametek Inc., Fluke Corporation, Teledyne Technologies Incorporated, Keysight Technologies, Advantest Corporation, Yokogawa Electric Corporation, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Berkeley Nucleonics Corporation (BNC), Rigol Technologies Inc., Good Will Instrument Co. Ltd., Averna Technologies Inc., EA Elektro-Automatik GmbH & Co.KG, Elcom Technologies Inc., Aeroflex Industries Ltd., Giga-tronics Incorporated, Hameg Instruments GmbH, Aim-TTi (Thurlby Thandar Instruments), Keithley Instruments LLC, RF-Lambda USA LLC, Link Microtek Ltd., Vaunix Technology Corporation, Holzworth Instrumentation Inc., Signal Forge.
Asia-Pacific was the largest region in the signal generators market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the signal generators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the signal generators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Signal generators are electronic instruments specifically crafted to generate repetitive waveforms, modulations, and signals for the testing and development of electronic devices and systems. These generated signals play a critical role in the testing, troubleshooting, and design processes of electronic or electroacoustic devices.
The primary categories of products within signal generators include general-purpose signal generators, special-purpose signal generators, and function generators. General-purpose signal generators are electronic devices designed to produce electrical signals with specific properties of amplitude, frequency, and wave shape. They encompass various technologies, including 2G, 3G, and 5G - 4G, and find applications in designing, testing, manufacturing, troubleshooting, repairing, and other related activities. These signal generators cater to diverse end-users, including telecommunications, aerospace and defense, automotive, electronics manufacturing, and healthcare.
The signal generators market research report is one of a series of new reports that provides signal generators market statistics, including signal generators industry global market size, regional shares, competitors with a signal generators market share, detailed signal generators market segments, market trends and opportunities, and any further data you may need to thrive in the signal generators industry. This signal generators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The signal generator market consists of revenues earned by entities by providing services such as waveform generation, frequency adjustment, amplitude control, frequency sweep, and signal output. The market value includes the value of related goods sold by the service provider or included within the service offering. The signal generator market also includes sales of oscillators, frequency control circuits, waveform generators, display panels, and output amplifiers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The signal generators market size is expected to see strong growth in the next few years. It will grow to $1.98 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The anticipated growth in the forecast period can be attributed to factors such as the implementation of 5G, the emergence of new communication standards, expanding applications in the automotive sector, the integration of AI (artificial intelligence) and ML (machine learning), and increased demand in healthcare electronics. Key trends expected in the forecast period include technological advancements, an increased emphasis on research and development (R&D), advancements in renewable energy technology, a heightened focus on cybersecurity, and an increased adoption of remote testing solutions.
The signal generator market is poised for growth, propelled by the expanding automotive industry. The automotive industry encompasses companies, organizations, and activities engaged in the design, development, manufacturing, and related activities of motor vehicles. Strong demand for automobiles is driven by factors such as enhanced fuel efficiency, advancements in autonomous driving capabilities, and evolving consumer preferences towards innovative mobility solutions. Signal generators play a crucial role in the automotive sector, facilitating the testing and diagnosis of various vehicle components to ensure safety, performance, and reliability. According to the European Automobile Manufacturers Association in May 2023, global motor vehicle production reached 85.4 million units in 2022, reflecting a substantial 5.7% increase compared to the previous year. Brand Finance plc reported approximately 78 million unit sales in the automobile sector for 2022, marking a significant 10% rise compared to both 2021 and 2020. Consequently, the burgeoning automotive industry is a key driver behind the growth of the signal generator market.
Prominent companies in the signal generator market are actively pursuing technological advancements, exemplified by innovations such as the SHFSG (Super-High-Frequency Signal Generator), tailored to meet market demands for higher operating frequencies and wider bandwidths. The SHFSG is a next-generation signal generator designed for qubit control in quantum computing. It enables the production of freely programmable pulse sequences for manipulating superconducting and spin qubits, achieving higher fidelities than previous methods. Zurich Instruments Ltd., a Switzerland-based test and measurement company, launched the SHFSG Signal Generator in March 2021. This innovative signal generator operates in the frequency range from DC to 8.5 GHz with a spurious-free modulation bandwidth of 1 GHz. It boasts features such as a broad frequency range, channels, scalability, integration and control, calibration, and time-saving attributes. The SHFSG's double superheterodyne approach for frequency up-conversion eliminates the need for mixer calibration, optimizing system tuning efficiency.
In December 2022, E-Space, a France-based satellite communications company, acquired CommAgility Ltd. for $14.5 million. This strategic acquisition enables E-Space to integrate CommAgility's 5G code into its space-based technologies, accelerating advancements in 5G NTN (Non-Terrain Networks), 5G-Advanced, and 6G innovations, thereby advancing its space-based connectivity solutions. CommAgility Ltd., a UK-based developer specializing in embedded signal processing, RF (radiofrequency) modules, and signal generators, contributes valuable expertise to E-Space's portfolio.
Major companies operating in the signal generators market are Agilent Technologies, Ametek Inc., Fluke Corporation, Teledyne Technologies Incorporated, Keysight Technologies, Advantest Corporation, Yokogawa Electric Corporation, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Berkeley Nucleonics Corporation (BNC), Rigol Technologies Inc., Good Will Instrument Co. Ltd., Averna Technologies Inc., EA Elektro-Automatik GmbH & Co.KG, Elcom Technologies Inc., Aeroflex Industries Ltd., Giga-tronics Incorporated, Hameg Instruments GmbH, Aim-TTi (Thurlby Thandar Instruments), Keithley Instruments LLC, RF-Lambda USA LLC, Link Microtek Ltd., Vaunix Technology Corporation, Holzworth Instrumentation Inc., Signal Forge.
Asia-Pacific was the largest region in the signal generators market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the signal generators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the signal generators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Signal generators are electronic instruments specifically crafted to generate repetitive waveforms, modulations, and signals for the testing and development of electronic devices and systems. These generated signals play a critical role in the testing, troubleshooting, and design processes of electronic or electroacoustic devices.
The primary categories of products within signal generators include general-purpose signal generators, special-purpose signal generators, and function generators. General-purpose signal generators are electronic devices designed to produce electrical signals with specific properties of amplitude, frequency, and wave shape. They encompass various technologies, including 2G, 3G, and 5G - 4G, and find applications in designing, testing, manufacturing, troubleshooting, repairing, and other related activities. These signal generators cater to diverse end-users, including telecommunications, aerospace and defense, automotive, electronics manufacturing, and healthcare.
The signal generators market research report is one of a series of new reports that provides signal generators market statistics, including signal generators industry global market size, regional shares, competitors with a signal generators market share, detailed signal generators market segments, market trends and opportunities, and any further data you may need to thrive in the signal generators industry. This signal generators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The signal generator market consists of revenues earned by entities by providing services such as waveform generation, frequency adjustment, amplitude control, frequency sweep, and signal output. The market value includes the value of related goods sold by the service provider or included within the service offering. The signal generator market also includes sales of oscillators, frequency control circuits, waveform generators, display panels, and output amplifiers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Signal Generators Market Characteristics3. Signal Generators Market Trends and Strategies32. Global Signal Generators Market Competitive Benchmarking33. Global Signal Generators Market Competitive Dashboard34. Key Mergers and Acquisitions in the Signal Generators Market
4. Signal Generators Market - Macro Economic Scenario
5. Global Signal Generators Market Size and Growth
6. Signal Generators Market Segmentation
7. Signal Generators Market Regional and Country Analysis
8. Asia-Pacific Signal Generators Market
9. China Signal Generators Market
10. India Signal Generators Market
11. Japan Signal Generators Market
12. Australia Signal Generators Market
13. Indonesia Signal Generators Market
14. South Korea Signal Generators Market
15. Western Europe Signal Generators Market
16. UK Signal Generators Market
17. Germany Signal Generators Market
18. France Signal Generators Market
19. Italy Signal Generators Market
20. Spain Signal Generators Market
21. Eastern Europe Signal Generators Market
22. Russia Signal Generators Market
23. North America Signal Generators Market
24. USA Signal Generators Market
25. Canada Signal Generators Market
26. South America Signal Generators Market
27. Brazil Signal Generators Market
28. Middle East Signal Generators Market
29. Africa Signal Generators Market
30. Signal Generators Market Competitive Landscape and Company Profiles
31. Signal Generators Market Other Major and Innovative Companies
35. Signal Generators Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Signal Generators Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on signal generators market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for signal generators ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The signal generators market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: General Purpose Signal Generator; Special Purpose Signal Generator; Function Generator2) By Technology: 2G; 3G; 5G - 4G
3) By Application: Designing; Testing; Manufacturing; Troubleshooting; Repairing; Other Applications
4) By End User Industry: Telecommunication; Aerospace And Defense; Automotive; Electronics Manufacturing; Healthcare.
Key Companies Mentioned: Agilent Technologies; Ametek Inc.; Fluke Corporation; Teledyne Technologies Incorporated; Keysight Technologies
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agilent Technologies
- Ametek Inc.
- Fluke Corporation
- Teledyne Technologies Incorporated
- Keysight Technologies
- Advantest Corporation
- Yokogawa Electric Corporation
- Rohde & Schwarz GmbH & Co. KG
- Anritsu Corporation
- Berkeley Nucleonics Corporation (BNC)
- Rigol Technologies Inc.
- Good Will Instrument Co. Ltd.
- Averna Technologies Inc.
- EA Elektro-Automatik GmbH & Co.KG
- Elcom Technologies Inc.
- Aeroflex Industries Ltd.
- Giga-tronics Incorporated
- Hameg Instruments GmbH
- Aim-TTi (Thurlby Thandar Instruments)
- Keithley Instruments LLC
- RF-Lambda USA LLC
- Link Microtek Ltd.
- Vaunix Technology Corporation
- Holzworth Instrumentation Inc.
- Signal Forge
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | April 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 1.5 Billion |
| Forecasted Market Value ( USD | $ 1.98 Billion |
| Compound Annual Growth Rate | 7.1% |
