The global arbitrary waveform generator market is an evolving market demanding enormous investments in technology and integrity services. AWG market is succeeding at a notable tempo in the overall test & measurement equipment sector. On the whole, arbitrary waveform generator market is in the growing epoch. In the lifecycle of AWGs; consumer electronics and telecommunication paraphernalia sectors are emerging at an invigorating rate followed by the education and engineering sectors.
Primarily deployed in defense sector, the arbitrary waveform generator is anticipated to be used in automotive and healthcare sectors and it is plausible that it can replace the archetypal functional generators. With AWGs progressively being deployed in new and promising applicability areas, this trend is expected to continue for next seven years.
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Dynamic applicability in manufacturing and defense sectors and growing demand from communications industries are expected to drive the arbitrary waveform generator market as corporate ventures are experiencing a dynamic phase change from archival function generators to high-performance delivering AWG technology.
AWG vendors are foreseen to observe obverse challenges in terms of stakeholders’ reluctance to invest in these technologies owing to apprehensions pertaining to uncertainty of returns on investment (ROI) and heavy custom duties on the imported test equipment in under-developed regions. A suitable device-to-device integrity and escalated financial requisites are some aspects that are expected to hinder the AWG market growth.
Based on sample generation characteristics, the arbitrary waveform generator market can be bifurcated into dual channel & single channel AWGs. AWGs can also be classified on the basis of end-use into military and defense equipment and other marketable AWG deployments. Arbitrary waveform generator market can be segmented on basis of technology into variable-clock arbitrary waveform generator, Direct Digital Synthesis (DDS) technology, and hybrid AWG.
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The market for Arbitrary Waveform Generators (AWGs) in Europe is anticipated to be more established and developed, with increasing revenues from, Aerospace and Defense (A&D) and manufacturing sector solicitations, along with communications businesses in the region, which are anticipated to engender reasonable enlargement for the market going forward. Asia Pacific arbitrary waveform generator market is expected to grow at a significant rate. The key drivers in the Asian Pacific market would be, focus on production combined with high-cost sensitivity and escalated spending in research and development. The Middle East and African markets would mature over the forecast period following a shift in focus towards production center management policies and efficient manufacturing.
Leading market players in the arbitrary waveform generators solutions over the forecast period comprise of Agilent Technologies, Aeroflex Inc., Aplab Ltd., Dynamic Signals LLC, B&K Precision Corporation, HAMEG Instruments Gmbh, Fluke Corporation, Keithley Instruments, Inc., Thurlby Thandar Instruments Limited, National Instruments Corporation, Rigol Technologies Inc., Pico Technology, Stanford Research Systems, Inc., Syntek, Tektronix, Yokogawa Electric Corporation, and Teledyne LeCroy, Inc.
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