Global Signal Generator Market 2016-2020

Overview of the global signal generator market

Technavio’s market research analyst predicts that the global signal generator market will grow at a modest CAGR of just over 9% during the forecast period. One of the primary drivers for this market is the growing adoption of electronic devices. Advances in wireless and signal transferring technology coupled with the advent of fast processors have led to the introduction of quite a few smart devices to the market. This, in turn, has resulted in a rise in the demand for signal generators as it helps to test current flow in internal circuits. Manufacturers of electronic products like smartphones, iPads, and even consumer durables such as washing machines and microwave ovens have started incorporating sensors and new technologies into their devices to differentiate their products. This recent increase in the use of sensors and other advanced technologies will bolster the need for signal generators during pre-production processes like designing and post manufacturing to check the conformance and accuracy of products.

In this industry research report, the analysts estimate that among the different trends, increased outsourcing will have a significant impact on this market’s growth potential over the next few years. Recent advances in technologies from 2G to more advanced technologies like LTE and LTE-A has necessitated the need for continuous maintenance and quality testing of frequency and spectrum. As a result, many telecom companies have been compelled to test these technologies using signal generators to ensure enhanced quality of service to their customers.

Segmentation by end user and analysis of the signal generator market

• Communication industry
• Aerospace and defense industry
• Mechanical industry
• Electronics industry