Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global handheld spectrum analyser market. In addition, complete analysis of changes on the global handheld spectrum analyser market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. On the other hand, COVID-19 pandemic has impacted emerging technologies and services in the telecommunication sector, such as 5G technology. According to GSMA, in the initial phase of 2020, 5G network was commercially available via 40 mobile operators in 24 nations across the globe. Pioneering economies included South Korea, United States, China, Switzerland, and Kuwait. It was anticipated that by the end of 2020, 5G network connections would reach over 165 million. Though, that figure was eventually revised, reduced to nearly 150 million, owing to COVID-19, due to which the handheld spectrum analyser market witnessed steady growth during pandemic.
The global handheld spectrum analyser market is driven by growing wireless technology in various industries, since wireless technology offers the potential to communicate between two or more entities over distances without the use of cables or wires of any sort. This includes communications using infrared (IR) as well as radio frequency (RF) waves which is a major thrust of wireless technology is in the area of broadcast communications like television, radio, and direct broadcast satellite. Also, growing demand for wireless sensor networks in the development of smart infrastructure, significant rise in the internet penetration rate, increasing adoption of the Internet of Things (IoT) is likely to drive the market for handheld spectrum analyser during the forecast period.
The market is expected to have new opportunity with the booming IT and Telecommunication Industry in the developing countries, in the last few years, IT and telecommunication sector is improving rapidly owing to the growing use of mobile devices and related bandwidth connectivity. Also, there has been a positive market trends in big data management and broadband services are impelling the telecommunication industry. The number of connected devices is growing continuously, with the expansion of device connectivity and utilization. Thus, as the telecommunication industry is increasing rapidly in developing economies of the world, the market share of handheld spectrum analyser market is growing rapidly.
The market has major restraining factors like handheld spectrum has limited use in many of the industries, for instance, Swept type of spectrum analysers can analyse only continuous-wave signals without detecting any phase-related data, which is the major disadvantage of the handheld spectrum analyser that could hamper the growth of the market. Also, this devices has limitation over limitations of bandwidth as well, which hampers the growth of handheld spectrum analyser market.
The Covid-19 pandemic hampered the growth of market to major extent which has created a major challenges for the market growth. Also, owing to the availability of portable spectrum analysers in the market act as alternative for handheld spectrum analyser which is likely to restrain the growth of handheld spectrum analyser market.
The report provides in-depth analysis of global handheld spectrum analyser market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for telecom and IT industry, and semiconductor is creating the demand for market and is expected to witness the growth at a CAGR at specific CAGR from 2022-2028.
The global handheld spectrum analyser market comprises of different market segment like type, bandwidth, network technology, end users and geography.
By type, the handheld spectrum analyser market includes key segment of
Swept-Tuned handheld spectrum analyser market is expected to dominate the market over the forecast period. The key drivers propelling growth of swept tuned handheld spectrum analyzer market is advantage of swept analyzer. For swept-tuned spectrum analyser, lower IF is more manageable so it can be processed more efficiently and because there is a single frequency for all stations, the electronics are more task-specific as compared to the earlier simple regenerative receiver, which helps in creating the demand for handheld spectrum analyser. Moreover, the demand for real time handheld spectrum analyser is also growing, since it is designed to overcome the measurement limitations of the SA and VSA to better address the challenges associated with transient and dynamic RF signals.
The handheld spectrum analyser on the basis of bandwidth is consisting of
6 GHz to 18 GHz is anticipated to lead the market gaining majority of the market share in 2021 and is expected to maintain its dominance over the estimated time period. The key reason which is driving the demand for this segment is technological advancement, which is leading to innovation in spectrum analyzer and creating the demand for 6 GHz to 18 GHz. The rising market for wireless technology which requires spectrum analyzers for testing is also boosting the demand for 6 GHz and 18 GHz bandwidth. Likewise demand for less than 6 GHz is also expected to grow during the forecast period.
The handheld spectrum analyser market on the basis of technology includes
4G/LTE is expected to find increasing demand in the market over the forecast period. The segment is driven by factors like growing adoption of smartphones in developing countries and government initiatives for implementing technological advancements in networking infrastructure. Other factors contributing to market growth include growing demand for advanced networking technology, emergence of a wide range of new and robust connectivity options owing to the development of the Internet of Things (IoT), and growing consumption of HD video content. Moreover, ongoing investment by telecom industry on 5G technology is also expected to help the market to grow further.
The IT & Telecommunication segment is witnessed to dominate the market. The growing demand for wireless devices and vibrant semiconductor and electronics industry is expected to drive the global handheld spectrum analyzer market. The spectrum analyzers have found to be extremely sensitive; so, are particularly useful in mechanical and electrical technical measurements. Similarly, the healthcare segment is likely to witness the fastest growth in upcoming years, the use of handheld spectrum analyzers is increasing in the optical related application, since the use of optics related application has been increased for the various diseases such as heart disease, cancer, kidney stones, knee injuries, etc.
The global handheld spectrum analyser market is studied for the following region
For handheld spectrum analyzer market, North America is considered to be the major market owing to rapid industrialization in this region due to which, the demand of handheld spectrum analyzer is increasing rapidly to be used in these industries. Also, in this region, U.S. is considered to be the most important market, since the country is one of the largest manufacturer and major exporters of the semiconductors across the globe. The handheld spectrum analyzer market is growing rapidly in the Asia-Pacific region, this region is considered to be the fastest developing reason in aspects of technology and economy which is why the industrialization is growing rapidly in this region which is creating the demand for handheld spectrum analysers.
The competitive landscape analysis of handheld spectrum analysers market is majorly focused on expanding the global growth of handheld spectrum analysers with new product innovation, business expansion, increasing presence of range of manufacturer operating in handheld spectrum analysers has led the growing demand for the market. Besides, the market offers range of products in different application to fulfill the required demand of consumer which is further contributing healthy growth in the market.
The key players studied in market are
November 2021: Luna Innovations Inc. announces acquisition of New Ridge Technologies LLC, a Maryland-based designer and manufacturer of fiber optic testing and measurement equipment and advanced fiber optic subsystems primarily for telecommunications and polarization control applications. The New Ridge Technologies (NRT) product is based on a combination of ultrafast optoelectronics and the latest software architecture, adding valuable capabilities to Luna's already market-leading portfolio of photonic measurement and control products.
October 2021: Keysight Technologies, Inc. a main era employer that grants superior layout and validation answers to assist boost up innovation to attach and steady the world, introduced it has obtained SCALABLE Network Technologies, a frontrunner in communications community simulation and modeling answers for layout, take a look at and analysis, in addition to cyber evaluation and training. SCALABLE`s particular services offer accurate, at scale virtual fashions of heterogeneous communications networks to encompass 5G, enterprise, IoT and satellite tv for pc networks to check problems, risks, vulnerabilities and gap.
July 2021: REI has developed a compact and quick-moving sweep kit (TTK Tactical TSCM Kit) for travelers who frequently use Technical Monitoring Measures (TSCM). The TTK offers one compact, easy-to-deploy sweep kit that fits in the carry-on bin of most aircraft and weighs approximately 11.3 kg. TTK is a combination of equipment needed to effectively search for illegal RF transmitters and hidden electronics.
May 2021: EXFO Inc. is the only modular field focus radio frequency (RF) that provides accurate insights into 4G / LTE and 5G NR environments and has the ability to determine FR1 (sub6 GHz) and FR2 (mmWave). Introduced the 5G Pro spectrum analyzer, a test solution. ) Tape with a single field upgradeable solution. Mobile network operators need to support and maintain new 5G deployments as well as existing 4G / LTE deployments.
| Market Sizing for Year: | 2021-2028 |
| Base Year: | 2021 |
| Forecast Period: | 2022-2028 |
| Value: | USD
million |
| Market Segment studied: | Type Bandwidth End-Users Network
Technology |
| Market Players and its Competitors: | KEYSIGHT Technologies (United
States), Rohde & Schwarz (Germany), Anritsu (United States), Aim and Thurlby Thandar Instruments
(United Kingdom), B&K Precision Corporation
(United States), Bird (United States), Ceyear Technologies. Co Ltd (China),
Crystal Instruments (United States),
Devisar Instrument (United States), EXFO INC. (United States), Narda Safety Test Solutions Gmbh (
Germany), Micronix (Japan), Owon Technologies (China), Research Electronics International
(United States), SAF Tehnika (Latvia), Transcom Instrument (China), Saluki Technologies (China), Signal Hound (United States), Tektronix INC (United States), Naugra ( India), Shenzhen Rok Precision Instruments
Co., Limited (China), Viavi Solutions (United States), New Ridge Technologies (United
States), Oleson Microwave Lab (United
States), Nuts About Nets, llc (United States), |
FREQUENTLY ASKED QUESTIONS
What are the drivers for Handheld Spectrum Analyser market?
The key driving factors of the market are in booming IT and Telecommunication industry across the globe.
Which is the leading end-user segment for Handheld Spectrum Analyser market?
IT & Telecom industry has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
Which region is gaining majority of market share during the forecast period (2021-2028)?
North America is expected to gain major market share during the forecast period (2021-2028).
