A vector network analyzer is also known as radio frequency (RF), which is primarily used for analyzing the parameters of 3electric networks. A vector network analyzer system is a combination of hardware and software. Such a system can be classified into vector network analyzer (VNA) and scalar network analyzer. While vector network analyzer helps in measuring both phase and magnitude related measurements, scalar network analyzer helps in assessing magnitude related measurements. Moreover, the system also helps in performing a full system scan, error correction, configuring alarms for threats, creating application-specific plug-ins, anti-malware programs, search for strings in packets and monitoring bandwidth utilization. As per the recent study conducted by Persistence Market Research (PMR), the global market for vector network analyzer is likely to expand at a steady rate during 2017 to 2025.
Growth of sectors such as automotive, defense, aerospace, and electronics & telecommunications is expected to reflect favorably on the global market for vector network analyzer in the medium term. Moreover, demand for vector network analyzer is also traction owing to the additional benefits offered by the system. The market is also expected to be boosted by the increasing adoption of 3G and 4G technology and growing urgency of cost-effective network analyzer for IoT infrastructure. However, demand for vector network analyzer is subjected to availability of alternative systems. In addition, arrival of low-cost alternative systems is likely pose a challenge to the market’s growth in the forthcoming years.
The global market for vector network analyzer can be segmented on the basis of vertical, frequency and region. Based on frequency, the global market for Vector Network Analyzer is segmented into > 20 GHz, 10-20 GHz, 4-10 GHZ and > 4 GHz. Based on vertical the market can be segmented into automotive, electronics & telecommunications, aerospace & defense and others.
Based on region, the global market for vector network analyzer can be segmented into Asia-Pacific excluding Japan (APEJ), Western Europe, North America, The Middle East and Africa (MEA), Japan, Eastern Europe and Latin America. Among these regions, the market for vector network analyzer is the North America region is anticipated to exhibit sound growth during the forecast period. This is primarily owing to the existence of well-established industries such as defense, automotive, electronics & telecommunications, and aerospace along with a strong presence of market players. Western Europe and Asia-Pacific excluding Japan (APEJ) is hold the second and third spot respectively. During the forecast period, demand for vector network analyzer is also expected to growth at a significant rate in APEJ on account of robust growth of industrial activities in countries such as India and China.
Some of the top players functioning in the global market for vector network analyzer include ROHDE & SCHWARZ GmbH & Co. KG (Germany), Shanghai Transcom Instruments Technology Co., Ltd. (China), Keysight Technologies, Inc. (U.S.), National Instruments Corporation (U.S.), Anritsu Company Inc. (Japan) and Copper Mountain, Inc. (U.S.).
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