Signal Generator Market Size, Share, Opportunities, And Trends By Type (Function Generator, Arbitrary Function Generator, Radio Frequency (RF) Signal Generator, Others), By Wave (Sine, Square, Triangular, Arbitrary Waves, Others), By End-User (Electronics, Communications), And By Geography - Forecasts From 2023 To 2028

A signal generator is an electronic device that generates electrical signals of different types and frequencies for testing and measurement purposes and the signals generated can be used to test and verify the performance of electronic components, circuits, and systems. Signal generators are used in research and development, production testing, quality control, and troubleshooting applications across a variety of industries, including electronics, telecommunications, aerospace, and defense. The market for signal generators is expected to grow due to the increasing demand for advanced signal generators with new features and capabilities and also due to increasing electronic testing and measurement equipment.

Growing consumer electronics usage and developments in telecommunication will boost the signal generator market.

The signal generator is used in applications like telecommunications, aerospace, defence, automotive, and electronics manufacturing as these require the generation of precise and controlled electrical signals for testing and calibration purposes. Signal generators are used for testing and calibration of communication systems, such as cellular networks, satellite systems, and radio and television broadcasting systems. The increasing adoption of new communication technologies, such as 5G, has created new opportunities for the signal generator market. According to Groupe Speciale Mobile Association (GSMA), 5G connections worldwide reached 310 million in 2021, up from 17 million in 2019. According to International Telecommunication Union (ITU), the number of fixed broadband subscriptions worldwide reached 1.2 billion in 2021, up from 720 million in 2010, and as the demand for 5G and high-speed broadband connections increases, the demand for signal generators is also expected to increase. The increasing usage of consumer electronics such as smartphones, tablets, and wearables and also the increasing adoption of wireless technologies such as Wi-Fi, Bluetooth, and NFC in electronic devices which has created a need for signal generators. According to the Consumer Technology Association (CTA), the total sales of consumer electronics in the United States reached $442 billion in 2020, a 7.5% increase from the previous year, and predicted that global spending on consumer electronics will reach $1.1 trillion in 2021, a 3.9% increase from 2020. This demonstrates that demand for the signal generator will increase due to the increased development of new electronics and telecommunication technologies.

During the forecast period, the Asia Pacific region is expected to hold a significant market share

Asia-Pacific is expected to hold significant market shares in the signal generator market due to increasing demand for electronic devices and the adoption of new technologies such as 5G, IoT, and AI in China, India, and South Korea. In 2020, the Chinese government announced a new five-year plan that includes investments of over $1.4 trillion in various industries, including the electronics industry and the plan includes measures to support the development of 5G technology, artificial intelligence, and other advanced technologies. The Chinese government has been investing heavily in the infrastructure needed to support 5G networks and the government planned to build over 600,000 5G base stations by the end of 2021. Also, in 2019, the Indian government launched the National Policy on Electronics (NPE) to create a conducive environment for the development of the electronics industry in India. These factors all add to the market growth of signal generators in the Asia Pacific region.

Key Developments

March 2021: Rohde & Schwarz company introduced the R&S SMW6 signal generator, which offers high output power and improved modulation accuracy for testing 5G and other wireless communications systems.

January 2021: National Instruments (NI) company launched the NI PXIe-5654E signal generator, which offers high-frequency accuracy and low phase noise for testing a variety of communications systems.

Segmentation:

• By Type

• • Function Generator
  • Arbitrary Function Generator
  • Radio Frequency (RF) Signal Generator
  • Others
• By Wave

• • Sine
  • Square
  • Triangular
  • Arbitrary Waves
  • Others
• By End User

• • Electronics
  • Communications
• By Geography

• North America

• • USA
  • Canada
  • Mexico

• South America

• • Brazil
  • Argentina
  • Others

• Europe

• • UK
  • Germany
  • France
  • Spain
  • Others

• Middle East and Africa

• • Saudi Arabia
  • UAE
  • Others

• Asia Pacific

• • China
  • Japan
  • India
  • South Korea
  • Australia
  • Other

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

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. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. SIGNAL GENERATOR MARKET ANALYSIS, BY TYPE

5.1. Introduction

5.2. Function Generator

5.3. Arbitrary Function Generator

5.4. Radio Frequency (RF) Signal Generator

5.5. Others

6. SIGNAL GENERATOR MARKET ANALYSIS, BY WAVE

6.1. Introduction

6.2. Sine

6.3. Square

6.4. Triangular

6.5. Arbitrary Waves

6.6. Others

7. SIGNAL GENERATOR MARKET ANALYSIS, BY END-USER

7.1. Introduction

7.2. Electronics

7.3. Communications

7.4. Automotive

7.5. Aerosapce

7.6. Others

8. SIGNAL GENERATOR MARKET ANALYSIS, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1.  Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. UK

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Australia

8.6.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Anritsu

10.2. B&K Precision Corporation

10.3. Berkeley Nucleonics Corporation

10.4. Good Will Instruments Co. Ltd

10.5. Keysight Technologies Inc.

10.6. Rohde & Schwarz

10.7. SHF Communications Technologies AG

10.8. Stanford Research System

10.9. Tabor Electronics Ltd.

10.10. Tektronix Inc.

Tektronix Inc.

Tabor Electronics Ltd.

Keysight Technologies Inc.

SHF Communications Technologies AG

Good Will Instruments Co. Ltd

Stanford Research System

Anritsu

B&K Precision Corporation

Rohde & Schwarz

Berkeley Nucleonics Corporation