Handheld Spectrum Analyzer Market Size, Share, Opportunities, And Trends By Type (Swept-Tuned, Real-Time, Vector Signal), By End-Use Industry (Automotive, Semiconductor and Electronics, IT and Telecommunication, Industrial, Aerospace and Defense, Others), And By Geography - Forecasts From 2025 To 2030

The handheld spectrum analyzer market is anticipated to expand at a high CAGR over the forecast period.

A spectrum or signal analyzer measures the magnitude of an input signal versus frequency within the full frequency range of the instrument. The primary use is to measure the power of the spectrum of known and unknown signals. It is used for multiple applications like voice and data communications; video broadcast distributed via satellite and digital video; radar, like radar transmitter test analysis; spectrum management and interference hunting; and Wireless local area network (WLAN) testing. A form of spectrum analyzer, handheld spectrum analyzers are is useful for any applications where the spectrum analyzer needs to be taken outside to make measurements or simply carried while in use. It is portable, small, and lightweight in nature and consumes low power. These attributes make it accessible for several applications thereby showing promising market growth. On the downside, handheld analyzers usually offer a limited capability relative to larger systems which might challenge the expansion of the market.

By type, real-time analyzers are relatively newer models that are becoming widely popular holds a significant market share. The real-time models are more advanced in nature and adopted by almost all manufacturers. The market share of swept-tuned and vector signal analyzers is gradually falling due to several cons. By end-user industry, IT and telecommunication generate the highest growth. Automotive, and semiconductors and electronics also hold a significant share. The healthcare industry is a rising sector in the market. Geographically, North America has recorded the largest market share. While the Asia-Pacific region is expected to generate the highest growth rate in the forecast period.

Growth Factors.

• Technological advancement.

Rapid technological advancements in wireless technology coupled with increasing investment in application areas such as automotive, aerospace, and defense are boosting the handheld spectrum analyzer market growth. Wireless data along with the expansion of technologies such as LTE, 3G, and 4G wireless networks is augmenting the demand for these analyzers. The applications of the analyzers in several industries fuel its market growth. They are used to detect phase noise, signal levels, distortions, frequency, and spectral masks.

• Extensive R&D.

Far-reaching research and development (R&D) activities in the field of information technology (IT) and telecommunications will drive up market growth. Hence, working on principle, design, advantages, and application of spectrum analyzer, will provide an edge to the market players. The newer models are incorporated with LED screens, antennas, high-frequency detectors, long battery life, lightweight, and lower uncertainty level.

Restraint.

• Growing second-hand market.

One of the major cons of a spectrum analyzer is the cost-effectiveness with maximum features. This has led to the creation of a second-hand market. The used spectrums are refurbished and often come at a lower cost, contracting the market for first-hand products. These used analyzers are readily available on online platforms. Spectrum analyzer manufactures have also started selling second-hand devices through online and offline platforms, intending to grow. The growth of the cast-off market may act to bring a challenge to the market growth. 

Impact of COVID-19 on the Handheld Spectrum Analyzer Market

The handheld spectrum analyzer market is heavily dependent on its consumer industry. The global pandemic has led to slow growth of the electronic and electrical sector, automotive sectors, etc. This harmed the handheld spectrum analyzer market, contracting its growth. However, the expansion of the healthcare industry which uses spectrum analyzers extensively has shown a positive growth of the market. The increased use of Wi-Fi facilities because of the remote work culture following several government-mandated restrictions has also increased the demand for these portable devices in the short run. The long-run impact of Covid-19 on this market is yet to be observed.

Competitive Insights.

The market leaders in the handheld spectrum analyzer market comprise Thurlby Thandar Instruments Ltd., Advantest Corporation, AVCOM of Virginia, Inc., Anritsu Corporation, Rohde & Schwarz, LP Technologies. Inc., Keysight Technologies. Inc., and Tektronix. The key players in the market implement growth strategies such as product launches, mergers, and acquisitions, etc. to gain a competitive advantage over their competitors. For Instance,

• In 2020, Advantest Corporation has acquired U.S. Company Essai, Inc., a supplier of semiconductor final-test, system-level test sockets, and thermal control units.
• Anritsu Corporation in 2020 launched several new products which will assist in network installation and maintenance like Network Master Pro, Spectrum Master Handheld Spectrum Analyzer MS2712E.
• In 2021, Keysight also launched a new X-Series Signal Analyzers range with five models designed to 75 signal standards and modulation types. Again in 2020, Keysight Technologies Inc acquired Eggplant, a digital automation intelligence company.
• Rhode and Schwarz in 2021 acquired Zurich Instrument AG, a technological company in test and measurement.

Segmentation:

• By Type
  • Swept-Tuned
  • Real-Time
  • Vector Signal
• By End-Use Industry
  • Automotive
  • Semiconductor and Electronics
  • IT and Telecommunication
  • Industrial
  • Aerospace and Defense
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5. HANDHELD SPECTRUM ANALYZER MARKET FORECAST BY TYPE
5.1. Introduction
5.2. Swept-Tuned
5.3. Real-Time
5.4. Vector Signal

6. HANDHELD SPECTRUM ANALYZER MARKET FORECAST BY END-USE INDUSTRY
6.1. Introduction
6.2. Automotive
6.3. Semiconductor And Electronics
6.4. It And Telecommunication
6.5. Industrial
6.6. Aerospace And Defense
6.7. Others

7. HANDHELD SPECTRUM ANALYZER MARKET FORECAST BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom 
7.4.4. Spain 
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. South Korea
7.6.4. Taiwan
7.6.5. Thailand
7.6.6. Indonesia 
7.6.7. Japan
7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES
9.1. Thurlby Thandar Instruments Ltd.
9.2. Advantest Corporation
9.3. Avcom Of Virginia, Inc.
9.4. Anritsu Corporation
9.5. Rohde & Schwarz
9.6. Lp Technologies. Inc.
9.7. Keysight Technologies. Inc.
9.8. Tektronix