Signal generators market to increase at a CAGR of 10.4%

Press Release   •   Jun 21, 2013 09:08 BST

The signal generators market has been forecast to increase at a compound annual growth rate (CAGR) of 10.4% over the next five years, reaching an industry value of approximately $822.22 million by the end of 2018.

Signal generators are electronic devices that generate repeating or non-repeating electronic signals (in either the analog or digital domains). They are generally used in designing, testing, troubleshooting, and repairing electronic or electro-acoustic devices; though they often have artistic uses as well.

There are many different types of signal generators, with different purposes and applications (and at varying levels of expense); in general, no device is suitable for all possible applications. Traditionally, signal generators have been embedded hardware units, but since the age of multimedia-PCs, flexible, programmable software tone generators have also been available.

Although the signal generator 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 industry is demanding products that offer higher performance and higher functionality, yet at a lower cost.

The overall market of the signal generators is in the growing phase. In life cycle of signal generators by end users, telecommunication and electronics manufacturing sectors are growing at a rapid rate which is followed by the industrial and educational sector. In terms of market volume, education sector plays a leading role as the generators are used in all the schools, technical colleges and universities.

The market is growing at a slow rate in the automotive & medical sector but it is expected that the emergence of man machine interface provides a hit to the overall market in the automotive sector.

Higher bandwidth is the number-one requirement for end users. A greater number of digital modulations transport more data in the same bandwidth, making the modulations more likely to generate imprecise levels of transmissions and phase angles. Signal generators, therefore, play a critical role in test systems.

Key players currently dominating the signal generators market Aeroflex, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Anritsu Corporation (Japan), B&K Precision Corp. (U.S.), Good Will Instrument Co., Ltd (Taiwan), Leader Electronics Corporation (Japan), National Instruments Corporation (U.S.), Rohde & Schwarz GmbH(Germany), and Tektronix, Inc. (U.S.).

For more information on the signal generators market, see the latest research: Signal Generators Market

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