Base Year
Historical Year
Forecast Year
The global signal generator market reached a value of USD 1,334.96 million in 2023. The market is further expected to grow at a CAGR of 8.2% between 2024 and 2032 to reach a value of approximately USD 2,713.35 million by 2032.
| Global Signal Generator Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | 1,334.96 |
| Market Size 2032 | USD Million | 2,713.35 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 8.2% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 9.5% |
| CAGR 2024-2032 - Market by Country | India | 10.8% |
| CAGR 2024-2032 - Market by Country | Canada | 8.5% |
| CAGR 2024-2032 - Market by Product | Vector Signal Generator | 9.2% |
| CAGR 2024-2032 - Market by Technology | Long Term Evolution (LTE) | 9.3% |
| Market Share by Country 2023 | 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 2024-2032.
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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.
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Based on product, the signal generator market can be divided into the following:
On the basis of technology, the signal generator market can be divided into:
The application sectors of signal generator include the following:
It finds end-uses in the following industries:
| CAGR 2024-2032 - 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% |
The regional markets for signal generator include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
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:
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.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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In 2023, the global signal generator market attained a value of USD 1334.96 million.
The market is expected to grow at a CAGR of 8.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, to reach around USD 2713.35 million by 2032.
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.
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Australia
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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