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Asia Pacific Signal Generator Market to Reach US$ 514.3 Million by 2027, Propelled by Rapid Expansion in the Automotive Industry

Published on Nov 21, 2022

IMARC Group’s latest report, titled “Asia Pacific Signal Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the Asia Pacific signal generator market size reached US$ 314.6 Million in 2021. Signal generators, also known as frequency synthesizers, refer to electronic instruments that generate signals for developing, testing, and repairing electronic devices. They produce precisely calibrated repeating or non-repeating signals in analog or digital formats. Some commonly available signal generators include arbitrary waveform, radio frequency (RF), function, frequency, microwave, and digital pattern generators. They are widely used for measurement verification, frequency measurement, characterization, troubleshooting, and stress/margin testing of various electronic devices. They are also employed for producing numerous signals, such as analog, digital, pulse, and audio, in development systems and testing instruments. At present, signal generators find extensive applications in the telecommunication, electronics manufacturing, aerospace, defense, and automotive industries across the Asia Pacific region. 

Asia Pacific Signal Generator Market Trends:

In Asia Pacific, the rapid expansion in the automotive industry and the surging adoption of signal generators in electric vehicles (EVs) for testing and troubleshooting sensors represent the primary factors driving the market growth. Additionally, the rising use of signal generators by automobile manufacturers to test in-car entertainment systems, reverse parking sensors, and remote keys is positively influencing the market growth. Moreover, the development of Long-Term Evolution (LTE) service and reliable wireless and Bluetooth services is another major growth-inducing factor. Along with this, the escalating demand for signal generators for high-speed serial data signals due to the widespread adoption of the fifth-generation (5G) technology in mobile computing devices and cellular services is propelling the market growth. Besides this, the rising applications of signal generators in the telecommunication industry, as they offer frequency stability, low noise, and high signal purity in wireless communication networks, have catalyzed market growth. Furthermore, the growing budgetary allocations of the aerospace and defense sectors have augmented product demand. Other factors, including the advent of flexible, software-enabled, and programmable signal generators, inflating EVs and consumer electronics sales, and recent technological advancements, are creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 514.3 Million by 2027, expanding at a CAGR of 8.40% during 2022-2027. 

Market Summary:

  • Based on the product, the market has been divided into RF signal, microwave signal, arbitrary waveform, and vector signal generators. 
  • On the basis of technology, the market has been segmented into the global system for mobile phones (GSM), code division multiple access (CDMA), wideband code division multiple access (WCDMA), long-term evolution (LTE), and others. 
  • The market has been categorized based on the application into designing, testing, manufacturing, troubleshooting, repairing, and others. 
  • On the basis of the end use, the market has been divided into the communication industry, aerospace and defense industry, mechanical industry, electronics industry, healthcare, and others. 
  • Country-wise, the market has been segregated into China, Japan, India, South Korea, Australia, Indonesia, and others. 
  • The competitive landscape of the market has also been analyzed, along with detailed profiles of the key players operating in the industry.    
     

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