The RF test equipment market size is projected to reach US$ 4.31 billion by 2031 from US$ 2.54 billion in 2023. The market is expected to register a CAGR of 6.8% during 2023–2031. The growing demand for IoT-connected devices and the rising space activities are likely to remain key trends in the market.
RF Test Equipment Market Analysis
The RF test equipment market has witnessed significant growth in recent years, driven by the expansion of numerous industries such as consumer electronics, telecommunication, aerospace and defense, automotive, and healthcare. The rising implementation of 5G networks and technologies is driving the market. Major developing and developed countries like the US, Germany, China, the UK, Japan, India, Singapore, France, and others have increased their adoption of 5G networks, and technologies are boosting the market. Surging demand for wireless systems in commercial and residential buildings and a growing number of smartphone subscriptions across the globe are fueling the market. Moreover, the advent of machine-to-machine (M2M) communication solutions and the Industrial Internet of Things (IoT), especially for telecommunications applications, the growing use of RF Test Equipment in Automotives, and the increasing use of IoT-connected devices are creating opportunities for the market growth during the forecast period.
RF Test Equipment Market Overview
Radio Frequency (RF) test equipment accurately measures and tests wireless communication devices operating at different frequencies. These communication devices consist of smartphones, satellite communication systems, and routers. RF test equipment depends on the transmission and reception of radio waves to provide accurate results. This equipment helps engineers and technicians evaluate the performance of wireless devices by monitoring the frequency response, signal quality, power output, and other essential aspects of wireless devices. Every RF instrument is made to carry out particular measurements and testing. Additionally, RF testing instruments constitute an all-inclusive equipment set for technicians and engineers that test wireless communication devices and networks. Increasing demand for precise and dependable radio frequency testing equipment associated with growing requirements for wireless communication among consumers and the rapidly changing technological environment is driving the market. Furthermore, market players are continuously developing new RF test tools and technologies to keep engineers and technicians updated with the latest advancements in the field, propelling market growth.
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RF Test Equipment Market: Strategic Insights
RF Test Equipment Market
-
Market Size 2023
US$ 2.54 Billion
-
Market Size 2031
US$ 4.31 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Focus by Manufacturer to Create Awareness Related to the Benefits Provided by RF Testing Solutions
FUTURE TRENDS
- The growing demand for IoT-connected devices and the rising space activities
OPPORTUNITIES
- Growing Demand for Internet of Things (IoT) and 5G Technologies
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Oscilloscopes
- Spectrum Analyzers
- Signal Connectors
- Network Analyzers
Form
- Rackmount
- Benchtop
- Portable
- Modular
Frequency Range
- More than 6 GHz
- 1 to 6 GHz
- Less than 1 GHz
End-user
- Consumer Electronics
- IT & Telecommunications
- Industrial
- Automotive
- Research and Development
- Aerospace and Defense
- Healthcare
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RF Test Equipment Market: Strategic Insights
-
Market Size 2023
US$ 2.54 Billion -
Market Size 2031
US$ 4.31 Billion
Market Dynamics
- Increasing Focus by Manufacturer to Create Awareness Related to the Benefits Provided by RF Testing Solutions
- The growing demand for IoT-connected devices and the rising space activities
- Growing Demand for Internet of Things (IoT) and 5G Technologies
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Oscilloscopes
- Spectrum Analyzers
- Signal Connectors
- Network Analyzers
- Rackmount
- Benchtop
- Portable
- Modular
- More than 6 GHz
- 1 to 6 GHz
- Less than 1 GHz
- Consumer Electronics
- IT & Telecommunications
- Industrial
- Automotive
- Research and Development
- Aerospace and Defense
- Healthcare
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
RF Test Equipment Market Drivers and Opportunities
Increasing Focus by Manufacturer to Create Awareness Related to the Benefits Provided by RF Testing Solutions to Favor Market
Rapidtek Technologies Inc. participated in the 2023 IEEE MTT-S International Microwave Symposium (IMS) to demonstrate its next-generation RF test solution and create awareness related to the significant benefits provided by next-generation RF test solutions. This new technique involves creating a Sub-6G baseband signal with the AMARI Callbox and a jointly designed up-down converter (UDC) technology, allowing for the development of mmWave communication test frequency bands ranging from 6GHz to 48GHz. It supports testing in frequency bands such as Ku Band, Ka Band, and n257\n262 while providing advanced signaling control. The system has passed multiple 3GPP standard communication test verifications, including WiFi 6E/7, 5G FR2, and B5G. Moreover, the next-generation RF test solution provide dependable and high-performance communication for a diverse set of Low Earth Orbit (LEO) satellite applications.
Growing Demand for Internet of Things (IoT) and 5G Technologies
ADIVIC specializes in wireless communication measurement and is a core subsidiary of the Chroma Group has combined its Chroma 3680 test platform with the HDRF2 module to support customers in achieving their wireless and RF testing requirements despite low resources. In recent years, the high cost of testing has had a substantial influence on the 5G sector, leading to fewer investments from industry participants. According to Chroma's observations, this difficulty has been recognized on a global scale by the 3rd Generation Partnership Project (3GPP) and the global mobile communications standards group. As part of its future spectrum planning, the organization intends to open up the 7-24GHz frequency band to cut testing costs. At the same time, in January 2024, Chroma ATE announced that it had begun development of its next generation of RF test modules to fulfill the wireless signal testing requirements of both domestic and foreign service providers.
RF Test Equipment Market Report Segmentation Analysis
Key segments that contributed to the derivation of the RF test equipment market analysis are type, form, frequency range, and end user.
- Based on type, the RF test equipment market is divided into oscilloscopes, spectrum analyzers, signal connectors, network analyzers, and others. The spectrum analyzers segment held a larger market share in 2023.
- By form, the market is segmented into rackmount, benchtop, portable, and modular. The modular segment held the largest share of the market in 2023.
- In terms of frequency range, the market is divided into more than 6 GHz, 1 to 6 GHz, and less than 1 GHz. The 1 to 6 GHz segment held a significant share of the market in 2023.
- On the basis of end-user, the market is segmented into consumer electronics, IT & telecommunications, industrial, automotive, research and development, aerospace and defense, and healthcare. The consumer electronics segment held a significant share of the market in 2023.
RF Test Equipment Market Share Analysis by Geography
The geographic scope of the RF test equipment market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
The market in Asia Pacific is expected to dominate soon owing to the presence of well-known connectivity solution providers including Renesas Electronics Corp (Japan), MediaTek Inc (Taiwan), and Huawei Technologies Co Ltd (China). These players are constantly engaged in developing new solutions for their customers, such as growing smartphone subscriptions, which are one of the key factors driving the market in Asia Pacific. Moreover, China is a global manufacturing hub for consumer electronic products, which provides growth opportunities for market players. Growing adoption and rising implementation of 5G technology are creating opportunities in the market. 5G technology service providers such as ZTE Corporation, Huawei Technologies Co. Ltd., Rohde and Schwarz GmbH and Co KG, Telefonaktiebolaget LM Ericsson, Nokia Corporation, and Qualcomm Technologies Inc. are quickly updating their testing infrastructure to fulfill their customers' requirements of 5G technology. For instance, in July 2022, Rohde and Schwarz GmbH and Co KG launched a comprehensive 5G over-the-air test product for testing Huge MIMO antennas and mmWave.
China is the foremost provider of RF test equipment in the global and Asia Pacific markets due to the presence of high-end technologies for designing, manufacturing, and developing RF testing products, which is driving the market. Moreover, increasing government spending for expanding electronics and semiconductor industries generates significant market opportunities. For instance, in December 2022, the government of China approved the funding of US$ 143 billion for the modernization and promotion of electronics and semiconductor industries. RF test equipment is used to test, measure, and analyze the performance of various devices, including smartphones, Bluetooth devices, Wi-Fi routers, integrated circuits (ICs), and others operating within the RF spectrum. These factors are anticipated to fuel the China market during the forecast period.
RF Test Equipment Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ 2.54 Billion
Market Size by 2031
US$ 4.31 Billion
Global CAGR (2023 - 2031)
6.8%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Type - Oscilloscopes
- Spectrum Analyzers
- Signal Connectors
- Network Analyzers
By Form - Rackmount
- Benchtop
- Portable
- Modular
By Frequency Range - More than 6 GHz
- 1 to 6 GHz
- Less than 1 GHz
By End-user - Consumer Electronics
- IT & Telecommunications
- Industrial
- Automotive
- Research and Development
- Aerospace and Defense
- Healthcare
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Schneider Electric S.E. Honeywell International ABB Group Siemens AG Legrand SA Ingersoll-Rand PLC Qualcom AlSense Near Pte. Ltd Assisted Living Technologies Inc.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.54 Billion |
Market Size by 2031 | US$ 4.31 Billion |
Global CAGR (2023 - 2031) | 6.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
RF Test Equipment Market News and Recent Developments
The RF test equipment market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the RF test equipment market are listed below:
- Anritsu Corp partnered with AnaPico AG to develop an end-to-end IQ Capture and playback system for RF signals. Anritsu Corp enhances its IQ Signal Master MX280005A PC application to integrated Field Master Pro MS2090A spectrum analyzer for capturing RF IQ signals and then loading the IQ data file into the AnaPico AG VSG for playback within frequency range up to 40 GHz. The IQ data and playback process is an ideal solution for in-depth testing of receivers' responses to a wide range of signals. (Source: Anritsu Corp, Company Website, October 2023)
- Rohde and Schwarz GmbH and Co KG continued their research by using new dedicated W and D band test solutions for developing 6G and sub-THz. The company is also focusing on advancing RF test and measurement solutions by adding three additional products to its portfolio, including a new R&S SFI100A wideband IF vector signal generator, R&S FE110ST/SR TX/RX frontends, and R&S NRP170TWG thermal power sensor. (Source: Rohde and Schwarz GmbH and Co KG, Company Website, September 2023)
- Anritsu Corp launched the new RF Conformance Test System ME7873NR Lite Model that supports 5G RF Conformance Test System (5G Sub-6 GHz (FR1) TRX tests). The test system is an efficient and cost-effective solution for 5G services. (Source: Anritsu Corp, Company Website, August 2023)
- Rohde and Schwarz GmbH and Co KG launched R&S MXO 4 series oscilloscopes with the fastest update rate for over 4.5 million acquisitions per second. The R&S MXO 4 series oscilloscopes are available in four-channel models, with bandwidths ranging from 200 MHz to 1.5 GHz. (Source: Rohde and Schwarz GmbH and Co KG, Company Website, September 2022)
- Anritsu Corp expanded its VectorStar Vector Network Analyzer product portfolio by launching the world's first single sweep VNA-spectrum analyzer. The spectrum analyzer supports a frequency range from 70 KHz to 220 GHz and is highly suitable for effectively testing and verifying active and passive devices. (Source: Anritsu Corp, Company Website, August 2022)
- TEKTRONIX, INC. launched a 2 Series Mixed Oscilloscope to strengthen its test and measurement equipment portfolio. The 2-Series Mixed Oscilloscope is extremely thin and highly portable and can seamlessly transition from the bench to the field and back. (Source: TEKTRONIX, INC., Company Website, June 2022)
- Keysight Technologies Inc. launched the M9484C VXG Vector Signal Generator to foster the development of advanced and innovative electronic devices. M9484C VXG Vector Signal Generator is highly suitable for wideband multi-channel mmWave Applications. (Source: Keysight Technologies Inc., Company Website, April 2022)
RF Test Equipment Market Report Coverage and Deliverables
The “RF Test Equipment Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- RF test equipment market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- RF test equipment market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- RF test equipment market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the RF test equipment market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Form, Frequency Range, and End-user
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global RF test equipment market is estimated to register a CAGR of 6.8% during the forecast period 2023–2031.
The growing use of 5G-Compatible devices among consumers and increasing adoption of RF test equipment in the aerospace industry are the major factors that propel the global RF test equipment market.
The growing demand for IoT-connected devices and the rising space activities to play a significant role in the global RF test equipment market in the coming years.
The key players holding majority shares in the global RF test equipment market are Schneider Electric S.E., Honeywell International, ABB Group, Siemens AG, Legrand SA, Ingersoll-Rand PLC, Qualcom, AlSense, Near Pte. Ltd, and Assisted Living Technologies Inc.
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The List of Companies
1. Schneider Electric S.E.
2. Honeywell International
3. ABB Group
4. Siemens AG
5. Legrand SA
6. Ingersoll-Rand PLC
7. Qualcom
8. AISense
9. Near Pte. Ltd
10. Assisted Living Technologies Inc.