The global signal generators market is projected to register a value of $689.9 million by the year 2017, primarily driven by factors such as growing consumer penchant for sophisticated and feature rich electronic devices, expanding application possibilities, and the introduction of advanced-yet-low-cost products.
Although the signal generators market has bounced back from the economic crisis of 2009 and is surpassing the levels of 2008, caution and uncertainty continue to restrain end users from making capital expenditures.
The US represents the largest signal generators market worldwide. Asia-Pacific is the fastest growing regional signal generators market, both in terms of volume and value sales. Growth in the Asia-Pacific market is particularly driven by robust demand for signal generators in key industrialised markets such as China, Korea, Taiwan and India.
Growing consumer affluence, robust demand for wireless technologies, strong electronics industry base, and the emergence of several regional R&D centres provide robust growth opportunities for signal generators in these countries.
Arbitrary Waveform Generators represents the fastest growing product segment, with dollar sales increasing at a compound annual growth rate (CAGR) of around 6.41% through to 2017.
For more information on the signal generators market, see the latest research: Signal Generators Market Report
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