RF Test Equipment Market 2019 Scenario of Leading Companies with Global Forecasts till 2023 - Keysight Technologies, Rohde & Schwarz, Anritsu, Teradyne, and Cobham

Global RF Test Equipment Market Highlights
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 2018u20132023. The report’s scope offers insights on the solutions offered by major players including providers of hardware, professional services, and associated solutions. The regions included in the study are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The study includes insights on various component based RF test equipment such as RF analyzers, RF oscillators, RF synthesizers, RF amplifiers, RF detectors and others. The end-user industry verticals considered are telecommunication, aerospace & defense, automotive, etc.

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Radiofrequency (RF) test equipment is used to compute signals at a higher frequency range than that supported by any other general test equipment. Along with standard measurement functionality, they also have specialized functions to determine the characteristics of an RF signal (radio waves transmitted within the frequency range of 3 hertz to 300 megahertz). A radio frequency field is an alternating current, which when transmitted through an antenna supports wireless broadcasting and generates an electromagnetic field for communication. Expansion of communication technology and rising usage of RF test equipment in telecommunication devices are the primary factors driving this market. Moreover, designing challenges and size of the material are few bottlenecks to the market growth and development.

Key Developments in the Market
• February 2018: Anritsu announced that it has worked with Qualcomm Technologies, Inc., to demonstrate peak download speeds of 2 Gbps successfully. The demonstration used a mobile test device, powered by the Qualcommu00ae Snapdragonu2122 X24 LTE modem and a network simulator using 5x carrier aggregation (5CC) with 4x4 MIMO, and 256-QAM modulation on all five carriers.
• February 2018: Anritsu Corporation announced a planned expansion of the company’s Universal Wireless Test Set MT8870A software to support the new 3GPP 5G Sub-6 GHz New Radio (NR) RF measurement standards. The enhanced 5G Sub-6 GHz NR Uplink Tx Measurement and Downlink Waveform File software options will support non-signaling based 5G Sub-6 GHz TRx tests.
• January 2018: Anritsu Company announced that its Signal Quality Analyzer, R (SQA-R) MP1900A had been approved as a compliance test solution for PCI Expressu00ae (PCIeu00ae) 3.0 technology Link Equalization (Link EQ) tests and Receiver (Rx) Jitter Tolerance tests by the PCI-SIGu00ae consortium. With support for the PCI Express 3.0 specification, as well as expandability to PCI Express 4.0 and 5.0 specifications, the MP1900A helps control capital equipment expenses while supporting various tests, such as PHY layer electrical characteristics and protocol tests, using a high-quality waveform pulse pattern generator (PPG) and high-sensitivity error detector (ED).

Major Players:
Keysight Technologies, Rohde & Schwarz, Anritsu, Teradyne, and cobham plc among others.

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Major Driver: Rising Data Traffic with Increasing LTE-A Adoption
High adoption rates of smartphones and other modules have tremendously increased data traffic. Data traffic and the number of the data centers are growing due to the surging bandwidth consumption for a wide variety of applications and services resulting in increased data handling. Mobile operators are continually improving the quality of their services by monitoring the output power transmitted and analyzing them with the help of excellent sources. A study of Ericsson indicates that monthly mobile data traffic per smartphone increased in all regions. 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. In 2023, monthly global mobile data traffic is expected to surpass 100 EB. At the end of 2017, it hovered around 16 to 17 EB.
With LTE-A standard becoming a norm, meeting consumers’ demand, ensuring higher coverage and providing quality services is the primary focus of companies in this sector. The rising adoption rate of LTE-A has contributed toward the growth of this market in terms of low ownership costs for the operators and increased network flexibility. The market is witnessing growth, creating opportunities for test equipment vendors across the globe.

North America Leading in Technological Advancements and Demand
Having test equipment with advanced technologies integrated into it has been a boosting factor to the telecom industry in North America. Increased demand from telecommunication and consumer electronics sector is the primary factor driving the market. The United States, being a mature market for RF testing equipment, stands tall in this region, due to the popularity of LTE and LTE-A technology. Data traffic in North America is increasing day by day, and as a result, the market in this region is expected to attain substantial growth by 2023 with more connections at a higher data traffic rate expected to clock at 48 GB per smartphone.
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. The test and measurement business operates in different telecommunication verticals like mobile market, including smartphones and other handsets, and the network infrastructure market, including wireless base stations and optical communications networks.
The telecommunications industry in Europe has been witnessing a decline over the last few years. Unlike Europe, other regions like North America and Asia-Pacific are witnessing a continuous increase in revenue in this industry. The growth of mobile and tablets sector will fuel the growth in the telecom industry.

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