Dublin, June 24, 2021 (GLOBE NEWSWIRE) – The report “Vector Network Analyzer Market – Forecasts from 2021 to 2026” has been added to ResearchAndMarkets.com offer.
The Vector Network Analyzers market is valued at US $ 464.975 million for the year 2019 and is expected to grow at a CAGR of 4.68% to reach US $ 640.435 million in 2026.
A network analyzer is an instrument that characterizes and measures the network parameters of electrical networks. Vector network analyzers are used to verify component specifications and verify design simulations to ensure that the framework and their components work properly together. It measures both amplitude and phase properties using the concept of measuring transmitted and reflected waves.
A vector network analyzer has extensive operations in the communication, automotive and electronics industries. The sharp increase in demand from these industries is expected to drive the growth of the vector network analyzer market. The increasing adoption of wireless devices will also drive the market growth during the forecast period. Rapid industrial growth in emerging economies will further facilitate the demand for vector network analyzers. However, the high initial cost of implementation is expected to restrain the growth of the vector network analyzer market.
The demand for vector network analyzers in the electronics industry is increasing dramatically. Creators of electronic segments use vector network analyzers to confirm the performance of their components such as amplifiers, filters, antennas, cables, mixers, etc. This is mainly attributed to the favorable capabilities of the vector network analyzer to calculate return loss and network insertion loss, visualize results in different formats, characterize multiport networks made up of various components and use for them. networks with an arbitrary number of ports.
In addition, there is a growing adoption of wireless features incorporated into electronic devices such as Bluetooth, Wi-Fi, GPS, and GSM-LTE. Vector network analyzers are also used to measure parameters of telecommunications bands such as Bluetooth, Zigbee, Wi-Fi, GSM-LTE, ISM and GPS.
In addition, vector network analyzer is increasingly used in the communications industry due to technological advancements and increasing number of smart phone users. 62.07% of the world’s population owns a functional smart phone. In addition, vector network analyzers are also widely used in the automotive industry, and the growing demand for cars is contributing to the demand for vector network analyzers. Thus, the increasing operations of vector network analyzers by the electronics, communications, and automotive industries are expected to contribute in a major way to the growth of the vector network analyzer market.
Rapid industrialization in emerging economies is one of the key factors driving the growth of the vector network analyzer market. The rapid industrialization and increasing use of vector network analyzers in various industries is increasing the demand. Furthermore, favorable economic conditions in these developing countries coupled with technological advancements are significantly boosting the growth of the Vector Network Analyzers Market.
The rise of BYOD and IoT in enterprise environments is driving the demand for vector network analyzers. BYOD refers to Bring Your Own Device under which employees are allowed to use their personal devices instead of using officially provided devices.
This increases the demand for electronic devices, resulting in the demand for vector network analyzers. IoT, Internet of Things refers to the wireless network of physical devices integrated with sensors, software and other technologies for the purpose of connecting and exchanging data with other devices and systems. on the Internet. This is coupled with increasing globalization, multinational presence of many companies and outsourcing increase the demand for vector network analyzers.
Various technological improvements and their increased adoption in different industries are expected to lead to the growth of the Vector Network Analyzers market. Now there has been an increasing use of technology in the education sector and by government as well. This alludes to the additional opportunities for the market in terms of wide use.
There are two main types of network analyzers namely scalar network analyzers and vector network analyzers. Scalar network analyzers can only measure amplitude properties, unlike vector network analyzers, which can then measure both amplitude and phase properties. Both the popularity and demand for scalar network analyzers have declined, resulting in a consumer preference for vector network analyzers, thereby increasing the demand.
Vector network analyzers are more complex because they require a complete heterodyne architecture in the receiver to measure both amplitude and phase. Therefore, they are expensive. The major obstacle to the growth of the vector network analyzer market is the high initial cost of installation and manufacturing.
Main topics covered:
1.1. Market definition
1.2. Market segmentation
2. Research methodology
2.1. Research data
3. Executive summary
3.1. Research Highlights
4. Market dynamics
4.1. Market factors
4.2. Market constraints
4.3. Porters Five Forces Analysis
4.4. Industry value chain analysis
5. Vector Network Analyzer Market Analysis, By Frequency Type
5.2. 67-110 GHz
5.3. 26.5-40 GHz
5.4. 40-50 GHz
5.5. 50-67 GHz
6. Vector Network Analyzers Market Analysis, By Application
6.4. Aeronautics and defense
6.7. IT and telecommunications
7. Competitive environment and analysis
7.1. Major players and strategic analysis
7.2. Emerging players and market profitability
7.3. Mergers, acquisitions, agreements and collaborations
7.4. Supplier competitiveness matrix
8. Market Analysis of Vector Network Analyzers, By Geography
9. Company profiles
- Anritsu Company
- Copper Mountain Technologies
- Keysight Technologies
- Nanjing PNA Instruments Co., Ltd
- Pico technology
- Rohde and Schwarz
- Transcom Instruments Co., Ltd.
- GS Instrument Co. Ltd.
- Omicron Laboratory.
For more information on this report, visit https://www.researchandmarkets.com/r/1g8ps