Global Vector Network Analyser Market Report and Forecast 2024-2032

Global Vector Network Analyser Market Outlook

The global vector network analyser market is expected to grow at a CAGR of 4.8% in the forecast period of 2024-2032.

North America to be One of the Leading Markets for the Vector Network Analyser Industry

The global market for vector network analyser is significantly aided by the rising demand for the product from the North American region. Because of the higher consumption of electronic devices and vehicles, North America is expected to drive the growth of the vector network analyser industry. The United States and Canada are among the leading regions for the industry within the region. The availability of modern infrastructure and technological expertise has aided the United States’ domination in the global vector network analysers industry. Meanwhile, the development of various end-use industries, including the electronics, aerospace, and defence sectors, is expected to fuel the industrial growth and economic growth in the Asia Pacific region, which in turn will have a positive impact on the vector network analyser industry.

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Vector Network Analyser: Market Segmentation

A vector network analyser refers to an electronic measuring system used to measure a multi-component network or the frequency response of a component that can be passive as well as active. It is among the most important methods of calculating radio frequency and microwaves.

Based on frequency, the market can be divided as follows:

• Less than 1.5 GHz
• Between 1.5 to 4 GHz
• Between 4 to 10 GHz
• More than 10 GHz

On the basis of end use, the market can be divided into:

• Electronics
• Automotive
• Information Communication and Technology
• Aerospace and Defence
• Medical
• Others

The regional markets for vector network analyser can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Demand from the Electronics Industry Bolstering the Market Growth of Vector Network Analyser

The rising demand for vector network analyser in the electronics industry is driving the growth of the market. The increased demand for vector network analyser is being propelled by the rising adoption of wireless devices. The rising use of technologies and internet is projected to further increase the market's growth over the forecast period. A rising number of smartphone users and a wide adoption of vector network analyser in RF (radio frequency) design applications is also expected to catalyse the market growth in the coming years.

Key Industry Players in the Global Vector Network Analyser Market

The report gives a detailed analysis of the following key players in the global vector network analyser market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• AWT Global LLC
• Transcom Instruments Co., Ltd.
• Keysight Technologies, Inc.
• Tektronix, Inc.
• Rohde & Schwarz Gmbh & Co. Kg
• National Instruments Corp.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report