North America Arbitrary Waveform Generator Market is expected to reach US$ 140.94 million by 2028


PRESS RELEASE BY The Insight Partners 06 Oct 2021

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Dual-channel Segment to Dominate North America Arbitrary Waveform Generator Market during 2019–2028

According to The Insight Partners market research study on “North America Arbitrary Waveform Generator Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Channel, Technology, Bandwidth, and Application,” is expected to reach US$ 140.94 million by 2028 from US$ 85.67 million in 2021. The market is estimated to grow at a CAGR of 7.4% from 2021 to 2028. The report provides trends prevailing in the North America arbitrary waveform generator market along with the drivers and restraints pertaining to the market growth. Extensive application in equipment testing across industries is the major factor driving the growth of the North America arbitrary waveform generator market. However, technical limitations of products may hinder the growth of North America arbitrary waveform generator market.

The containment measures taken during the COVID-19 pandemic have led to decrease in the production of commodities, goods, and services. The manufacturing sector has witnessed a decline in operations due to temporary shutdown of activities. The electronics industry took a significant hit due to the lowered demand for electronic components from the industrial sector and other end users. A decline in the revenue of the electronics industry, especially in the first half of 2020, is attributed to the lack of inability to carry out mass production due to social restrictions. Post lockdown, the semiconductors & electronics sector started regaining the market share as production facilities resumed operations by taking social distancing measures. North America is a prominent adopter of smart or IoT-based devices due to favorable infrastructure that supports high-speed internet services. The adoption of 5G network is further likely to fuel the arbitrary waveform generators market growth post lockdown.

The North America arbitrary waveform generator market is segmented into channel, technology, bandwidth, application, and country. Based on channel, the market is segmented into single-channel, dual-channel, and multi-channel. In 2020, the dual-channel segment held the largest share North America arbitrary waveform generator market. Based on technology, the market is segmented into direct digital synthesis AWG, variable-clock AWG, and combined AWG. In 2020, the direct digital synthesis AWG segment held the largest share North America arbitrary waveform generator market. Based on bandwidth, the market is segmented into below 1GHz, 1–5 GHz, 5–10 GHz, 10–25 GHz, 25–32 GHz, 32–50 GHz, and above 50 GHz. In 2020, the below 1GHz segment held the largest share North America arbitrary waveform generator market. Based on application, the arbitrary waveform generator market is divided into telecommunication, education, healthcare, electronics, and others. In 2020, the telecommunication held the largest share North America arbitrary waveform generator market. Based on country, the market is segmented into US, Canada, and Mexico. In 2020, the US held the largest share North America arbitrary waveform generator market.

B&K Precision Corporation, BERKELEY NUCLEONICS CORPORATION, KEYSIGHT TECHNOLOGIES, Pico Technology, Rohde & Schwarz, SHF Communication Technologies AG, Tabor Electronics Ltd., TEKTRONIX, INC, Teledyne LeCroy, and Texas Instruments Incorporated are among the leading companies in the North America arbitrary waveform generator market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, B&K Precision Introduces New Generation of Triple Output DC Power Supplies.

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