According to the latest report by IMARC Group, titled “United States Signal Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the United States signal generator market is expected to exhibit a CAGR of 6.92% during 2022-2027. Signal generator refers to an electronic device used for testing mechanical equipment by generating periodic signals. It creates reproducible or non-repeatable waveforms that are used to test, troubleshoot, design, and repair electronic devices. To measure frequency, output voltage, impedance, waveform, and modulation generated by the device, it produces test signals, such as sine, square, and triangular waves. A signal generator produces an electric signal, known as the input signal, which is applied to elicit a response from the device under test, which is then received by a measurement device. It is possible to calibrate and adjust the signal produced by a signal generator by adjusting its frequency, impedance, waveform, modulation, and output voltage. The use of signal generators is widespread in electronic device design, testing, troubleshooting, and repair.
United States Signal Generator Market Trends:
The global market is majorly driven by the augmenting demand for mechanical testing equipment to provide precise results in various phases of manufacturing. This can be attributed to considerable growth in the electrical and electronics industry. In addition to this, continual technological advancements in the development of wireless devices with additional features and functionality are providing an impetus to the market. Moreover, the rapid utilization of signal generators in modern telecommunication systems for facilitating stable short and long-haul communications is impacting the market positively. Additionally, the growing usage of vector signal generators and arbitrary waveform generators (AWG) for testing and measuring circuits for Radio Detection and Ranging (RADAR) and Global Positioning System (GPS) is contributing to the market. Apart from this, the penetration of internet in remote regions, along with the emergence of 5G network, is creating a positive market outlook. Furthermore, the increasing use of signal generators in the aerospace industry to provide a high signal-to-noise ratio for detecting and analyzing small changes to signals is propelling the market. Some of the other factors fueling the market include rapid urbanization, rising number of manufacturing plants, the advent of Industry 4.0, and extensive research and development (R&D) activities conducted by key players.
- Based on the product, the market has been segmented into RF signal generator, microwave signal generator, arbitrary waveform generator, and vector signal generator.
- On the basis of the technology, the market has been divided into Global System for Mobile Phones (GSM), Code Division Multiple Access (CDMA), Wideband Code Division Multiple Access (WCDMA), Long Term Evolution (LTE), and others.
- Based on the application, the market has been categorized into designing, testing, manufacturing, troubleshooting, repairing, and others.
- On the basis of the end use, the market has been classified into communications industry, aerospace and defense industry, mechanical industry, electronics industry, healthcare, and others.
- On the geographical front, the market has been segregated into Northeast, Midwest, South, and West.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.
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