Ultra-Low Phase Noise RF Signal Generator Market Size Worth $296.4 million By 2030 | CAGR: 8.6%

The global ultra-low phase noise RF signal generator market size is expected to reach USD 296.4 million by 2030, according to a new study by Polaris Market Research. The report “Ultra-Low Phase Noise RF Signal Generator Market Share, Size, Trends, Industry Analysis Report, By Type; By Form Factor (Benchtop, Portable & Modular); By Application; By End-Use; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.

The continuous development in wireless standards, rising R&D investment for testing various components, and increasing deployment of the 5G network are expected to drive the market over the forecast period. Furthermore, increasing demand for testing from electronics components, machines, and receivers also supports market growth.

Moreover, Europe also contributed significantly to raising the revenue of the market. The aerospace and defense sector of the U.K.  has a complex ecosystem and works under constant pressure, which increases the operational effectiveness and profitability of the market. This industry is rapidly evolving and adapting to digital innovation. Additionally, manufacturers are also focusing on developing comprehensive solutions with rising innovation and changing consumer preferences, and continuous innovation of RF technologies is boosting market growth.

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The growing demand for wireless technology on account of numerous applications such as navigation, satellite GPS, and telephone services contributes to market growth. In addition, the rising adoption of IoT devices and many industries moving towards smart automation has resulted in increasing testing of wireless communication applications, which is projected to boost market growth.

The COVID-19 pandemic had a negative impact on the demand for ultra-low phase noise rf signal generators due to a shortage of resources and a lack of raw materials required for product development. Moreover, the lack of skilled labor and decline in production due to negligible operation in manufacturing units hampered the market growth.

Ultra-Low Phase Noise RF Signal Generator Market Report Highlights

• The growing demand for benchtop form factor is due to its rising demand in R&D centers owing to its high-precision results at lower cost and ability to manage temperatures during testing.
• The synthesized signal generator accounted for the highest revenue share in 2021 and is expected to continue its dominance as it determines output signal accurately and allows frequencies to enter the keypad directly via remote control. Additionally, these signal generators generate signals with low-phase noise throughout a wide range of frequencies which is projected to fuel the market growth.
• The automotive industry is expected to lead the market in upcoming years owing to the growing investment in connectivity and automating technologies. The evolution of modern vehicles with in-built self-driving, ADAS, and electrification technology is also anticipated to spur the market.
• Asia Pacific is expected to grow over the forecast period on account of the high adoption of 5G-enabled devices and the growing utilization of RF generators for end-use applications. In addition, increasing government funding to develop automotive and defense infrastructure complements the segment growth.
• Major players operating in the industry include Anapico AG, Anritsu Corporation, B&K Precision Corporation, Berkeley Nucleonics Corporation, Boonton Electronics, Danaher Corporation, DS Instruments, Intel Corporation, Keysight Technologies, Inc., National Instruments Corporation, Novatech Instruments Inc., Pico Technology, Qualcomm Technologies, Inc.

Polaris Market Research has segmented the ultra-low phase noise RF signal generator market report based on type, form factor, application, end-use, and region:

Ultra-Low Phase Noise RF Signal Generator, Type Outlook (Revenue - USD Million, 2018 - 2030)

• Synthesized RF Signal Generators
• Free Running RF Signal Generators

Ultra-Low Phase Noise RF Signal Generator, Form Factor Outlook (Revenue - USD Million, 2018 - 2030)

• Benchtop
• Portable
• Modular

Ultra-Low Phase Noise RF Signal Generator, Application Outlook (Revenue - USD Million, 2018 - 2030)

• Radar Systems
• Component Testing Equipment
• Communication Systems

Ultra-Low Phase Noise RF Signal Generator, End-Use Outlook (Revenue - USD Million, 2018 - 2030)

• Information and Communication Technology
• Aerospace and Defense
• Semiconductors and Electronics
• Automotive
• Research and Development Laboratories
• Others

Ultra-Low Phase Noise RF Signal Generator, Regional Outlook (Revenue - USD Million, 2018 - 2030)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa