Spectrum analyzers are a handy tool that analyze signal frequencies and amplitude on a logarithmic scale when an electrical signal passes through the device’s system. Over the years, spectrum analyzers have become widely used in industries like manufacturing, designing, and even in services involving repairs, determining performance, along with detecting and troubleshooting errors of electrical devices.
The process of measuring modulation quality is implemented for smooth data transmission, which is critical on both the transmission and receiver end. Some important spectrum analyzer characteristics to complement this facet of a spectrum analyzer’s functions are signal-to-noise ratio, along with noise figure tests, all of which improve the overall performance of the system.
In recent years, we’ve seen the spectrum analyzer market thrive as utilization of wave analysis has continued to increase, resulting in a significant boom within the telecommunication industry. One of the most critical factors that’s driven the spectrum analyzer market is the heightened demand for wireless technology across the globe. Other noteworthy factors driving the market’s momentous growth are an increasing adoption of portable and handheld spectrum analyzers, multitasking features, along with bandwidth and frequency advancement.
Another factor behind the spectrum analyzer’s market boom is the increased demand for secondhand spectrum analyzers. It’s led to North America holding the market’s largest share, due to the rising adoption of secondhand spectrum analyzers. In conjunction with secondhand products, industry adoption of portable spectrum analyzers has also attributed to the market’s significant growth in recent years.
Looking towards the future, the widespread operation of LTE (long term evolution) services is projected to further bolster the market, keeping it on its current upward trend. Having said that, one of the noteworthy restraints the spectrum analyzer market could face is less availability of low-cost analyzers with broader features.
On the contrary, the spectrum analyzer market is experiencing a lot of growth (and at very high rates) across European and Asia-Pacific market regions because of the boom in telecommunication and wave analysis. There are also over a dozen major corporate players occupying the market like Anritsu, Rohde & Schwarz, and Keysight Technologies—just to mention a few. As these companies continue expanding into international markets (even if they wind up saturating the North American market), the ceiling for spectrum analyzers might be a lot higher than most people realize.
