Report ID: UCMIG45M2020
Report ID:
UCMIG45M2020 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market value of arbitrary waveform generators was USD 304.7 million in 2018, and it is estimated to have a compound annual growth rate of over 9% during the forecast period. The demand for advanced test and measurement equipment in various sectors, including healthcare, aerospace and defense, telecommunications, education, and consumer electronics, is the primary driving force behind this growth. The commercial sector is experiencing a surge in demand for these generators, mainly due to the superior integrity provided by DDS integrated circuits. Moreover, the expansion of the internet and the increasing global demand for communication technologies have had a positive impact, as many communication devices in the Internet of Things (IoT) ecosystem require arbitrary waveform generators (AWGs) for testing purposes.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Distributors by segment aggregation, the contribution of the Technology Distributors in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45M2020