The overall spectrum analyzer market was valued at USD 999.2 Million in 2015 and is expected to reach USD 1,750.0 Million by 2022, at a CAGR of 8.48% between 2016 and 2022.

​​​​​​​​​​​​​​The major factors driving the growth of the spectrum analyzer market include the growing market for wireless technology, growth in the demand for spectrum analyzers with multi-tasking capabilities, advancement leading to innovation in spectrum offering analyzer, significant advances in terms of bandwidth & frequency , and the growing trend of portability in the spectrum analyzer market.​​​​​​​​​​​​​​

"Spectrum analyzer Market for IT & telecommunication end-user industry at a major market share during the forecast period"

Spectrum analyzer has a huge opportunity for growth in the field of IT & telecommunication. The spectrum analyzer market is expected to continue to evolve in this industry. Considering the growth and demand in the field of IT & telecommunication, there is a need for LTE, LTE-A, 4G, and 5G. Thus, this sector would be the prime user for spectrum analyzers between 2016 and 2022.

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"Market for> 18 GHz frequency range expected to grow at the highest rate between 2016 and 2022"

The spectrum analyzer market for 18 GHz frequency range is expected to grow between 2016 and 2022. The> 18 GHz range is also known as the super-high frequency range, in which it refers to super audio frequencies or frequencies above the audio range. In addition to the high-end industries such as defense and IT and telecommunications, measurement and testing systems of a high frequency range (from 18 GHz to 85 GHz) are widely used; therefore, the market for spectrum analyzers with> 18 GHz frequency range is estimated to grow at the highest rate.

"APAC expected to grow at the highest rate during the forecast period"

Spectrum analyzers have a growing demand in APAC owing to the increasing focus of the region towards automotive, telecommunication, and healthcare sectors. In this study, the APAC market has been divided into India, China, Japan, South Korea, and Rest of APAC. Asia-Pacific is a major market for various sectors such as semiconductor & electronics and healthcare among others. Moreover, the Asia-Pacific region is one of the potential markets for the automotive and telecommunications industries in China, India, and Australia, among others are actively trying to strengthen their positions in these markets.

​​​​​​Spectrum Analyzer, Spectrum Analyzer, R & D, Manufacturing, Distribution, and Post-Sales Services. Companies such as Keysight Technologies (US), Rohde & Schwarz GmbH & Co., Kg. (Germany), Fortive Corporation (US), Anritsu Corporation (Japan), Advantest Corporation (Japan), Cobham PLC (UK), Giga-tronics Incorporated (US), Yokogawa Electric Corporation (Japan) ​​​​​​​

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