High Utilization of Wireless Services Have accelerated The Global Handheld Spectrum Analyzer Market

The demand for wireless services has continued to grow in recent years. The number of people actively using wireless communications has grown dramatically. There were thousands of radio and television broadcasters, a half-million amateur radio operators, and a few million mobile radio users worldwide. Today there are billions of mobile telephone users, hundreds of millions of wireless local area network (WLAN) users, and similarly large numbers of personal devices users. Wireless technology is even boosted in this pandemic period. Thus, increasing utilization of wireless technology across various sectors such as the electronics industry, military applications, telecom sector, and others increases the adoption of handheld spectrum analyzers and acts as a driving factor for the growth of the global handheld spectrum analyzer market.

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Data Bridge Market Research analyses that the handheld spectrum analyzer market is expected to grow at a CAGR of 9.1% in the forecast period of 2021 to 2028 and is expected to reach USD 860.20 million by 2028. The high bandwidth offerings have increased in the telecom industry due to the increased demand amongst enterprises and consumers leading to the increasing demand for handheld spectrum analyzers and acts as a driving factor for the growth of the global handheld spectrum analyzer market.

Increased Need of Real-time Analysis Is Expected To Drive the Market's Growth Rate

The focus on analytics is even more crucial during the pandemic. The pandemic heightens the need for analytics to gain insights and adapt to changes in customer behavior. During this pandemic, the customer will increasingly engage through digital channels, thus, there is a need to use a handheld spectrum analyzer to act on the shift in the behavior of consumers to improve network connectivity. By managing and monitoring the information with data analysis tools and operations, businesses and organizations can enhance their competitive edge, boost profit margins, increase profitability, and can grow customer base. Data and information offer the advantage to gain an objective, comprehensive view, accuracy, and conclusion of your daily functions. Thus, real-time analytics is very useful for today's businesses. Handheld spectrum analyzers offer real-time analysis to track operational data, enable faster response time and others, and thus act as a major driver for the global handheld spectrum analyzer market growth.

Report Scope and Market Segmentation

Segment Analysis:

Global handheld spectrum analyzer market is segmented into six notable segments which are based on the product type, frequency type, size, power source, network technology, and end use.

• On the basis of product type, the global handheld spectrum analyzer market has been segmented into swept-tuned spectrum analyzer, vector signal spectrum analyzer, and real-time spectrum analyzer. In 2021, a swept-tuned spectrum analyzer is expected to dominate the global handheld spectrum analyzer market, growing with a CAGR of 9.2%

The swept-tuned spectrum analyzer is expected to dominate the global handheld spectrum analyzer market, growing with a CAGR of 9.2%

In 2021, a swept-tuned spectrum analyzer is expected to dominate the global handheld spectrum analyzer market, growing with a CAGR of 9.2% in the forecast period of 2021 to 2028 due to a strong preference for mobile spectrum analyzers, mainly for industrial applications, and is considered as a general-purpose tool for frequency measurements, and capability to make a wide variety of measurements.

• On the basis of frequency type, the global handheld spectrum analyzer market has been segmented into less than 6 GHZ, 6 GHZ – 18 GHZ and more than 18 GHZ. In 2021, 6 GHZ-18 GHZ is expected to dominate the global handheld spectrum analyzer market growing with highest CAGR of 9.6% in the forecast period of 2021 to 2028 due to the wide availability of handheld spectrum analyzers with less than a frequency of 20 GHZ.
• On the basis of size, the global handheld spectrum analyzer market has been segmented into less than 1 KG and more than 1 KG. In 2021, more than 1 KG is expected to dominate the global handheld spectrum analyzer market, growing with a CAGR of 8.7% in the forecast period of 2021 to 2028 due to the wide availability of handheld spectrum analyzer (HSA) having size more than 1 KG and approximate weight of HSA is around 3 KG (including batteries).
• On the basis of power source, the global handheld spectrum analyzer market has been segmented into battery, line and others. In 2021, the battery segment is expected to dominate the global handheld spectrum analyzer market, growing with highest CAGR of 9.3%

In 2021, the battery segment is expected to dominate the global handheld spectrum analyzer market, growing with highest CAGR of 9.3%

In 2021, the battery segment is expected to dominate the global handheld spectrum analyzer market, growing with highest CAGR of 9.3% in the forecast period of 2021 to 2028 due to benefits offered by battery-operated HSA, such as reduced noise, cost savings, ease to use, less vibration, and others. Moreover, they also provide instantaneous capabilities, with versatile display capabilities.

• On the basis of network technology, the global handheld spectrum analyzer market has been segmented into wired and wireless. In 2021, the wireless segment is expected to dominate the global handheld spectrum analyzer market, growing with highest CAGR of 9.8% in the forecast period of 2021 to 2028 due to surging demand for wireless handheld spectrum analyzers for 5G testing, the rapid growth of wireless data, the expansion of network technologies, and integration of multi-tasking capabilities.
• On the basis of end use, the global handheld spectrum analyzer market has been segmented into automotive and transportation, aerospace and defense, IT and telecommunication, medical and healthcare, semiconductors and electronics, industrial and energy, educational institutional, government sector and others. In 2021, semiconductors and electronics are expected to dominate the global handheld spectrum analyzer market, growing with highest CAGR of 10.9% in the forecast period of 2021 to 2028 mainly because of factors such as the wide use of handheld spectrum analyzers in the industry, surging growth of semiconductor and electronics globally, and ongoing research and development about advanced products.

Major Players

Data Bridge Market Research recognizes the following companies as the major handheld spectrum analyzer market players in handheld spectrum analyzer market are RIGOL TECHNOLOGIES, Co. LTD (China), Keysight Technologies (U.S.), Good Will Instrument Co., Ltd. (Taiwan), TEKTRONIX, INC.(a subsidiary of Fortive) (U.S.), Rohde & Schwarz (Germany), Anritsu (Japan), Bird (U.S.), Savitri Telecom Services (India), HUBER+SUHNER (Switzerland), VIAVI Solutions Inc. (U.S.), Aaronia AG (Germany), B&K Precision Corporation (U.S.), Narda Safety Test Solutions (Germany), Aim and Thurlby Thandar Instruments (England), Berkeley Nucleonics Corporation (U.S.), CRFS (U.K.), Deviser Instruments (U.S,), Incorporated and Saluki Technology (Taiwan).

 Market Development

• In May 2021, EXFO Inc. announced the launch of 5GPro Spectrum Analyzer, the field-focused radio frequency (RF) testing solution. This newly launched analyzer provides accurate visibility into 4G/LTE and 5G NR environments with the ability to analyze FR1(sub-6 GHz) and FR2 (mm-Wave) bands using a single, field-upgradeable solution. The 5GPro Spectrum Analyzer is the industry's first field-tech optimized, scalable RF spectrum analyzer.
• In March 2021, SAF Tehnika broadened its spectrum compact family of ultra-portable handheld microwave spectrum analyzers by introducing a model that supports 6 GHz – 20 GHz. The new spectrum compact is ideal for mobile carriers, telecommunications professionals, Internet service providers (ISPs), and contractors responsible for regulatory and compliance, drone applications, and satellite operations.
• In July 2021, Narda Safety Test Solutions GmbH developed a compact, travel-ready sweep kit named TTK TSCM Travel Kit for frequent technical surveillance counter measures (TSCM) travelers. This TTK TSCM Travel Kit includes MESA-hand-held spectrum analyzer and other products. This will help the company better meet customers' requirements and grow in the market.

Regional Analysis

Geographically, the countries covered in the handheld spectrum analyzer market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

As per Data Bridge Market Research analysis:

North America is the dominant region in handheld spectrum analyzer market during the forecast period

North America dominated the handheld spectrum analyzer market owing to the strong presence of providers and growing adoption of technological innovations in handheld spectrum analyzer. North America will continue to dominate the handheld spectrum analyzer market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the increasing research and development activities and the prevalence of most manufacturers in this region. 

Asia-Pacific is estimated to be the fastest-growing region in handheld spectrum analyzer market

Asia-Pacific is expected to grow during the forecast period due to the huge presence of large number of handheld spectrum analyzer suppliers and providers in this region. In addition, increasing adoption of automation for business processes is also expected to propel the market's growth rate in this region.

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