Technavio's latest report on the global vector signal generator marketprovides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
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Technavio has published a new report on the global vector signal generator market from 2017-2021. (Graphic: Business Wire)
The research study by Technavio on the global vector signal generator market for 2017-2021 provides a detailed industry analysis based on the frequency (2 GHz, 4 GHz, and 6GHz), end-user (telecommunications, electronics, automotive, and industrial), and geography (the Americas, EMEA, and APAC).
A vector signal generator is an electronic device that is used for testing complex waveforms. These devices have been developed in light of new communication technologies emerging in the market such as W-CDMA/UMTS, Wi-Fi IEEE 802.11, WiMAX IEEE 802.16, and LTE. Technavio analysts forecast the global vector signal generator market to grow to USD 153.69 million by 2021, at a CAGR of more than 2% over the forecast period.
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The top three emerging trends driving the global vector signal generator market according to Technavio hardware and semiconductor research analysts are:
- Development of 5G
- Emergence of new communication technologies
- Growth of FPGA-enables vector signal generators
Development of 5G
"The vector signal generators are used for the testing and measurement of the signals transmitted by telecommunication equipment. Since 5G requires a larger bandwidth, many firms are developing vector signal generators that will be able to generate these waveformssays Raghu Raj Singh, a lead analyst at Technavio for embedded systems research.
The 5G technology for mobile systems is in the early stage of development. The RHODE&SCHWARZ offers SMW200A, a vector signal generator with an internal modulation bandwidth of 2 GHz and a frequency range of 40 GHz, which enables the R&D engineers to generate signals with an extremely wide bandwidth of microwave frequency.
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Emergence of new communication technologies
The emergence of the latest wireless communication technologies, such as CDMA, LTE, Wi-Fi IEEE 802.11, WiMAX IEEE 802.16, and UMTS, has resulted in the development of telecommunication equipment supporting these technologies. The telecommunication equipment transmits signals that use complex modulation formats, which is expected to accelerate the demand for vector signal generator to test these complex signals.
One of the major electronic devices that are incorporating these new technologies are mobile computing devices such as smartphones. Furthermore, the need to address the increase in the W-LAN speeds and the latest IEEE802.11ac standard specifies has resulted in companies designing and manufacturing vector signal generators that can meet these standards and operate on these communication technologies.
Growth of FPGA-enables vector signal generators
One of the important technologies that have been embedded into vector signal generators is the FPGA (field programmable gate array). FPGA is an IC chip that can be configured per hardware requirements by a client after its manufacturing. They consist of an array of programmable logic blocks, which can have different wire connections as per the requirement.
"One of the major reasons that vector signal generator manufacturers are experimenting with FPGA-enabled devices is because it provides an added functionality to the generators. For example, FPGA-enabled vector signal generators can simulate different scenarios and verify the input and output signal across each of these scenariossays Raghu.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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