Global RF Test Equipment Market Analysis, Trends & Forecasts 2018-2023, With an Expected CAGR of Over 5% - ResearchAndMarkets.com

DUBLIN--()--The "Global RF Test Equipment Market - Segmented by Type (Modular GP Instrumentation, Traditional GP Instrumentation, Semiconductor ATE), End-User Industry (Automotive, Aerospace & Defense, Consumer Electronics), Components (RF Synthesizers, RF Amplifiers" report has been added to ResearchAndMarkets.com's offering.

The Global RF test equipment market was valued at USD 2.22 billion in 2017 and is expected to reach USD 2.98 billion by 2023 at a CAGR of 5.04% over the forecast period of 2018-2023.

North America witnessed the highest usage, as traffic reached approximately to 7.1 GB per month per smartphone in 2017 and is projected to increase to 48 GB by the end of 2023. Western Europe experienced the second highest usage, with traffic reaching around 4.1 GB in 2017 and 28 GB by the end of 2023. The high average usage in India was estimated to reach 3.9 GB per month per smartphone in 2017, accredited to introductory LTE offer by an operator in 2016, and the competitors are trying to counter it with similar plans. Data traffic is expected to continue to grow, reaching 18 GB per month per smartphone in 2023.

Globally more than 250 million subscriptions were added to LTE in the first quarter of 2017 alone, and the adoption rate of LTE is witnessing substantial growth every year. The penetration rate of modular GP instrumentation compared to the traditional type is high in North America and is a major factor driving the North American market. With telecommunication requirements skyrocketing, there is a growing need for various products like analyzers and detectors in the industry.

Companies Mentioned

  • Agilent Technologies
  • Anritsu
  • Belkin International, Inc.
  • CISCO Systems, Inc.
  • Elektrobit, Inc.
  • LitePoint
  • National Instruments
  • Rohde & Schwarz
  • Teradyne
  • TESSCO Technologies, Inc.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future of the Market

9. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/zjqv3n/global_rf_test?w=4

Contacts

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Related Topics: Semiconductor, Automotive Parts, Telematics and Vehicle Electronics, Telecommunications Equipment

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Semiconductor, Automotive Parts, Telematics and Vehicle Electronics, Telecommunications Equipment