European Signal Generator market will reach €153.9 million in 2017

The market for signal generators (SGs) and arbitrary waveform generators (AWGs) in Europe is more developed and mature than elsewhere in the world, with the region ranking second globally in terms of revenue, according to Frost & Sullivan. This is mainly due to the aerospace and defence (A&D) as well as communications industries in the region, which are expected to generate moderate growth for the market going forward.New analysis from Frost & Sullivan finds that the European market generated €126.8 million in 2010 and estimates this will reach €153.9 million in 2017. The research covers RF signal generators, microwave signal generators and arbitrary waveform generators.
Significant R&D and design activity, paralleled by the continued development of wireless standards, will promote uptake of SGs and AWGs. The continuous development of wireless standards has also contributed to the growth of the SG and AWG market in Europe. The next 10 years will be a ‘wireless decade’, marked by the launch of different types of wireless devices.

Even though SG and AWG technology is mature, efforts at product enhancement and new product introductions bode well for the future. Several leading players in the European market are engaged in R&D activity on high-speed bandwidth, which is boosting user confidence and creating growth potential. However, the ongoing uncertainty in the European market is impacting capital expenditures of end users. Volatile economic conditions have led end users to reconsider acquiring new test equipment.

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