Signal generator has become an integral part of the test and measurement industry in all regions across the globe. Signal generators are used by end users in various verticals such as telecommunication, electronics manufacturing, industrial, aerospace & defense, automotive, education and medical. They are used for applications such as designing, testing, certification, manufacturing, repairing, and troubleshooting.

Telecommunication sector is a key revenue pocket in the global signal generator market. Rapid technological developments in the modern communication environment have helped the growth of the test and measurement industry, thereby boosting the signal generator market. New technologies such as LTE and 5G have a greater affinity for R&D investments which has propelled the growth of the telecommunications industry. The 3G, 3.5G, and 4G technology market is expected to exhibit strong growth because of the increasing penetration of the technologies on a global scale.

                       Signal Generator Market

The drivers for the growth of global signal generator market are the use of the signal generator in modern communication system, such as WiFi and LTE and the increase in the use of arbitrary signal generators. The RF and vector signal generators as well as arbitrary waveform generators generate real-time complex signals present in the real world to tackle the testing and measurement needs of signals in RADAR, GPS, and so on. The overall test and measurement market is expected to grow because of the advent of new communication technologies such as LTE and WiMAX and the strong demand for wireless products.

North America holds maximum share in the global signal generator market. The demand for signal generators in aerospace & defense and telecommunication sectors is driving the growth of this market in North America. The APAC region is expected to grow the fastest in the global signal generator market during the forecast period. The growth in manufacturing activities in APAC region combined with the increasing growth and penetration of new wireless technologies is expected to drive the market in this region.

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Some of the companies involved in the market include Keysight Technologies Inc. (U.S.), Rohde & Schwarz Gmbh & Co Kg (Germany), National Instruments Corporation (U.S.), Anritsu Corporation (Japan), Tektronix Inc. (U.S.), Teledyne Technologies Incorporated (U.S.), B&K Precision Corporation (U.S.), and Keithley Instruments Inc. (U.S.).