RF Test Equipment Market Growth Steady at 4.92% CAGR to 2023

PUNE, India, January 17, 2018 /PRNewswire/ --

ReportsnReports.com adds RF Test Equipment Market is forecast to reach $3.21 billion by 2023 from $2.41 billion in 2017 at a CAGR of 4.92% during (2017-2023) driven by the growing adoption of wireless networking in in-building communication systems, rising focus on developing 5G network-based devices, and increasing deployment of IoT technology-based devices for various applications.

Browse 60 Market Data Tables and 41 Figures spread through 143 Pages and in-depth TOC on "RF Test Equipment Market by Type (Oscilloscopes, Signal Generators, Spectrum Analyzers, Network Analyzers), Form Factor (Benchtop, Portable, Modular), Frequency, Application (Telecommunication, Consumer Electronics), and Region - Global Forecast to 2023" http://www.reportsnreports.com/reports/1274411-rf-test-equipment-market-by-type-oscilloscopes-signal-generators-spectrum-analyzers-network-analyzers-form-factor-benchtop-portable-modular-frequency-application-telecommunication-consumer-electronics-st-to-2023.html.

The report profiles the most promising players in the RF test equipment market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players. The key players in this industry are Anritsu (Japan), Fortive (US), Keysight Technologies (US), National Instruments (US), and Rohde & Schwarz (Germany), Teradyne (US), Yokogawa Electric (Japan), Teledyne Technologies (US), Cobham (UK), EXFO (US), Giga-tronics (US), Chroma ATE (Taiwan), Good Will Instruments (Taiwan), and B&K Precision (US).

Asia Pacific (APAC) is expected to hold the largest share of the RF test equipment market during the forecast period. A number of OEMs as well as semiconductor device and product manufacturers are situated in APAC. The growing demand for RF test equipment is attributed to the increasing number of smart phones and continuous advancements in next-generation telecommunication standards, such as LTE, 4G, and upcoming projects on 5G.Yokogawa Electric (Japan) and Anritsu (Japan) are some of the major RF test equipment providers based in this region.

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