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Report Overview

The global signal generator market reached a value of USD 1334.96 Million in 2024. The market is further expected to grow at a CAGR of 8.20% between 2025 and 2034 to reach a value of approximately USD 2935.90 Million by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Million

8.2%

2025-2034


Signal Generator Market Outlook

*this image is indicative*

Global Signal Generator Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 1334.96
Market Size 2034 USD Million 2935.90
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 8.20%
CAGR 2025-2034 - Market by Region Asia Pacific 9.5%
CAGR 2025-2034 - Market by Country India 10.8%
CAGR 2025-2034 - Market by Country Canada 8.5%
CAGR 2025-2034 - Market by Product Vector Signal Generator 9.2%
CAGR 2025-2034 - Market by Technology Long Term Evolution (LTE) 9.3%
Market Share by Country 2024 UK 2.7%

North America is expected to be one of the leading regions for the global signal generator market. Owing to the growing presence of tech-savvy consumers in this region, suppliers are able to market advanced signal generators. This rise in sales of advanced signal generators will lead to a strong growth of signal generators market in the region. Changing bases of production centres from developed to developing countries owing to low manufacturing cost locations is anticipated to favour the industry for signal generators. The Asia Pacific is expected to be one of the largest markets in the forecast period of 2025-2034.

Market Segmentation

A signal generator produces electrical signals in a waveform. It delivers precisely calibrated repeat or non-repeating signals from the audio to the microwave range. The waveforms created by these generators can be adjusted by frequency, output voltage, impedance, as well as modulation. These generators are used for characterization, frequency measurement, stress/margin testing, measurement verification, and troubleshooting of various electronic devices in diverse industries, including the aerospace, defence, and telecommunications sectors.

Based on product, the signal generator market can be divided into the following:

  • RF Signal Generator 
  • Microwave Signal Generator
  • Arbitrary Waveform Generator
  • Vector Signal Generator
  • Others

On the basis of technology, the signal generator market can be divided into:

  • Global System for Mobile Communications (GSM)
  • Code Division Multiple Access (CDMA)
  • Wideband Code Division Multiple Access (WCDMA)
  • Long Term Evolution (LTE)
  • Others

The application sectors of signal generator include the following:

  • Designing
  • Testing
  • Manufacturing
  • Troubleshooting
  • Repairing
  • Others

It finds end-uses in the following industries:

  • Communications Industry
  • Aerospace and Defence Industry 
  • Mechanical Industry
  • Electronics Industry
  • Healthcare
  • Others

Based on region, the signal generator market can be divided into the following:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Signal Generator Market By Application

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CAGR 2025-2034 - Market by Country
India 10.8%
Canada 8.5%
Germany 6.8%
Australia 6.4%
France 6.4%
USA XX%
UK XX%
Italy XX%
China XX%
Japan 5.6%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Market Analysis

Major factors propelling the signal generator market growth include the rising demand for advanced signal generators as well as greater precision. Areas of application include telecommunications, aerospace, automotive, defence, industrial, and electronics. The main reason behind the rapid expansion of these generators is the continued adoption of innovative technologies in the mentioned vertical sectors. The demand for the microwave signal generator is also likely to push the signal generator market growth forward in the forecast period.

Competitive Landscape

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

  • Keysight Technologies
  • Rohde & Schwarz
  • Anritsu Corporation
  • Tektronix, Inc.
  • B&K Precision Corporation
  • Teledyne Technologies Incorporated
  • 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.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global signal generator market attained a value of USD 1334.96 Million.

The market is expected to grow at a CAGR of 8.20% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034, to reach around USD 2935.90 Million by 2034.

The major drivers of the market are growing demand for microwave signal generators and rising demand from end use industries such as telecommunications, aerospace, and automotive.

The growing adoption of innovative technologies for signal generators and increased demand for greater precision are expected to be major trends of the market.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The leading products in the market are RF signal generator, microwave signal generator, arbitrary waveform generator, and vector signal generator, among others.

The most significant technologies in the market are global system for mobile communications (GSM), code division multiple access (CDMA), wideband code division multiple access (WCDMA), and long term evolution (LTE), among others.

The major applications of signal generators in the market are designing, testing, manufacturing, troubleshooting, and repairing, among others.

Leading end uses of signal generators in the market are communications industry, aerospace and defence industry, mechanical industry, electronics industry, and healthcare, among others.

The key players in the global signal generator market are Keysight Technologies, Rohde & Schwarz, Anritsu Corporation, Tektronix, Inc., B&K Precision Corporation, and Teledyne Technologies Incorporated, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Technology
  • Application
  • End Use
  • Region
Breakup by Product
  • RF Signal Generator
  • Microwave Signal Generator
  • Arbitrary Waveform Generator
  • Vector Signal Generator
  • Others
Breakup by Technology
  • Global System for Mobile Communications (GSM)
  • Code Division Multiple Access (CDMA)
  • Wideband Code Division Multiple Access (WCDMA)
  • Long Term Evolution (LTE)
  • Others
Breakup by Application
  • Designing
  • Testing
  • Manufacturing
  • Troubleshooting
  • Repairing
  • Others
Breakup by End Use
  • Communications Industry
  • Aerospace and Defence Industry
  • Mechanical Industry
  • Electronics Industry
  • Healthcare
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Keysight Technologies
  • Rohde & Schwarz
  • Anritsu Corporation
  • Tektronix, Inc.
  • B&K Precision Corporation
  • Teledyne Technologies Incorporated
  • Others
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