[May 25, 2018] |
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Global Vector Signal Generator Market - Key Findings and Forecasts | Technavio
Technavio's
latest market research report on the global
vector signal generator market provides an analysis of the most
important trends expected to impact the market outlook from 2018-2022.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180525005472/en/
Technavio has published a new market research report on the global vector signal generator market from 2018-2022. (Graphic: Business Wire)
According to Technavio analysts, the global
vector signal generator market will grow at a CAGR of close to 3%
during the forecast period. The emergence of wireless standards is a
major factor driving the market's growth. Consumers are focusing on
higher bandwidth applications and services owing to the introduction of
new wireless standards, such as LTE (News - Alert), 5G, and 4G. Factors such as
propagation of mobile computing devices and development of disruptive
technologies have led to the growth in Internet bandwidth. The demand
for mobile computing devices is increasing among mobile users and
business travelers, who have a greater need for profitability and
connectivity. Individual consumers and business persons also need to
connect multiple devices to the Internet at a low cost and high data
rate.
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In this report, Technavio highlights the emergence of new communication
technologies as one of the key emerging trends in the global vector
signal generator market:
Emergence of new communication technologies
The emergence of new wireless communication technologies, such as CDMA,
LTE, Wi-Fi-IEEE 802. 11, WiMAX (News - Alert)-IEEE 802.16, and UMTS has resulted in the
development of telecommunication equipment that supports these
technologies. The telecommunication equipment transmits signals that use
complex modulation formats such as CDMA and OFDM, thereby accelerating
the demand for vector signal generator to test these complex signals.
One of the major electronic devices that are integrating these new
technologies is mobile computing devices with the functions that support
multiple mobile systems such as LTE and 2G/3G. They have various
built-in wireless functions such as ISDB-T digital broadcasting, W-LAN,
and GPS. The mobile base stations are advanced to support the
multi-standard radio, transmitting and receiving several 3GPP wireless
signals simultaneously for LTE, W-CDMA, and GPS.
"Additionally, R&D department of major smartphone companies started
focusing on LTE-Advanced, the next-generation LTE standards that are
supporting new technologies such as infra-band and inter-band carrier
aggregation and MIMO, to meet the need for faster communication speeds," says
a senior analyst at Technavio for research on embedded
systems.
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Global vector signal generator market
segmentation
This market research report segments the global
vector signal generator market into the following end-users
(telecom, electronics, automotive, and industrial) and key regions (the
Americas, APAC, and EMEA).
The telecom segment held the largest market share in 2017, accounting
for nearly 29% of the market. The market share for this end-user is
expected to increase by 2022. The fastest growing end-user is
electronics, which will account for nearly 24% of the total market share
by 2022.
The Americas was the leading region for the global vector signal
generator market in 2017, accounting for a market share of nearly 44%.
By 2022, the Americas is expected to continue dominating the market and
register the highest growth.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180525005472/en/
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