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[June 09, 2014]
Markets and Markets : Spectrum Analyzer Market by Types worth $1.5 Billion by 2019
(M2 PressWIRE Via Acquire Media NewsEdge) According to a new market research report "Spectrum Analyzers Market by Types (Sweep Tuned, Vector Signal, and Real Time), Frequency Range (18 GHz), Form Factor (Handheld, Portable, and Bench Top Spectrum Analyzer), End Users & Geography - Global Trends & Forecasts to 2014 - 2019", the total market for the Global Spectrum Analyzer Market will be worth $1.5 billion by 2019 at an estimated CAGR of 6.5%.
Early buyers will receive 10% customization on this report.
It has a lot of significance in the telecommunication industry with the proliferation of local area networks (WLANs). Telecommunication is going to be the key pocket area for spectrum analyzer in the coming years. There has been a positive effect of the new standards in mobile communication and this has helped in measurement of leak in crosstalks. The report also talks about the recent trends in the market related to new product development and also about the major joint ventures, collaborations, expansions, and strategic alliance and so on.
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The role of telecommunication in our daily lives is increasing with the increase in more communication devices. In addition, there has been an increase in the usage of smart phones around the globe and keeping a check on data transmission has become very important to ensure customer satisfaction. Telecommunication is a key area where the usage of spectrum analyzers is prominent and will keep growing as new technologies evolve.
Spectrum Analyzer which was viewed as just a testing device before, is now involved in various activities and used as a modular instrument. The spectrum analyzers, which are needed now, need to be more flexible, while cost pressures are demanding longer system lifetime and this can be provided by software-defined, modular architecture.
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Spectrum analyzer is used to measure and analyze the signals from cellular communication as well as radio and television transmission towers. It is becoming a challenging job for the various manufacturers to keep pace with the growing need for spectrum analyzer and also with the new technologies evolving in the industries.
The rising need of calls for designing modular devices, which are used for complex operations and at the same time they are flexible in nature. The requisite new products coming with 3G and 4G technology and also new technologies like Long term evolution (LTE) coming in the market. The report is further segmented by, end-user industries (communications; aerospace, military and defense; electronics manufacturing; industrial and automotive electronics; and others), and key geographic regions.
The report also discusses about the evolution and also the recent developments in the wireless standards.
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