Spectrum Analyzer Market Size, Share & Trends Analysis Report By Offering (Hardware, Software), By Network Technology (Wireless, Wired), By Frequency Range (<6 GHz, 6GHz-18 GHz, >18 GHz), By Region, And Segment Forecasts, 2023 To 2030

Spectrum analyzers are electronic devices used to measure a signal's frequency spectrum. They are widely used in the design, testing, and maintenance of electronic equipment and are crucial for ensuring the quality and reliability of electronic devices. The spectrum analyzer is a growing industry primarily driven by its increasing demand in various end-use industries such as telecommunications, aerospace & defense, and electronics manufacturing.

The rapid growth of wireless communication technologies, such as 5G, which needs specialized testing and measuring instruments, is a significant factor driving the spectrum analyzer market. The increasing demand for high-speed data transfer, coupled with the need to maintain a stable and interference-free wireless communication network, has led to a surge in demand for spectrum analyzers.

The increase in the use of electronic devices across several industries has also fueled the spectrum analyzers market. As electronic devices become highly complicated and complex, advanced testing and measurement equipment are needed to ensure their operation. Spectrum analyzers are frequently used in manufacturing to detect and resolve any defects or problems with electrical devices, maintaining the high quality and dependability of those products.

The high price of spectrum analyzers is a significant barrier that may obstruct the market from expanding. Due to their high cost and knowledge requirements, small and medium-sized businesses need more access to spectrum analyzers. Moreover, the market for spectrum analyzers is anticipated to face long-term threats from the rising use of software-defined radios and other software-based signal analysis solutions.

North America and Europe are significant markets for spectrum analyzers, owing to many telecoms and electronics companies' presence in these regions. Asia-Pacific is expected to witness significant growth in the coming years, owing to the increasing adoption of wireless technologies in countries such as China, India, and Japan. In March 2023, the Ministry of Industry and Information Technology China announced that China is expanding its 5G network presence. Also, the country is creating a plan for 6G research and development and urging local governments to speed up activities related to 6G-enabled industrial applications. China expects the launched 6G systems commercially by 2030.

Spectrum Analyzer Market Segmentation

• By Offering

  • Hardware

  • Software

• By Analyzer Type

  • Swept-Tuned Spectrum Analyzer

  • RF Tuning Method Analyzer

  • Super Heterodyne Analyzer

  • Vector Signal Spectrum Analyzer

  • Real-Time Spectrum Analyzer

  • Fast Fourier Transform Analyzer

  • Parallel Filter Analyzer

  • Audio Spectrum Analyzer

  • Others

• By Product Type

  • Handheld Spectrum Analyzer

  • Portable Spectrum Analyzer

  • Benchtop Spectrum Analyzer

• By Network Technology

  • Wireless

  • Wired

• By Frequency Range

  • <6 GHz

  • 6GHz-18 GHz

  • >18 GHz

• By End-User Industry

  • Automotive

  • IT & Telecommunication

  • Aerospace

  • Defense

  • Medical

  • Electronics

  • Educational

  • Energy

  • Others

• Key players

  • ADVANTEST CORPORATION

  • ANRITSU CORPORATION

  • AVCOM

  • B&K Precision Corporation

  • Cobham Limited

  • Fortive Corporation

  • Giga-tronics Incorporated.

  • Keysight Technologies

  • NATIONAL INSTRUMENTS CORP.

  • Rohde & Schwarz

  • Teledyne Technologies

  • Yokogawa Electric Corporation