Global Spectrum Analyzer Market Size to worth USD 3.73 Billion by 2033: Market Report 2023-2033

Global Spectrum Analyzer Market worth USD 3.73 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Spectrum Analyzer Market Size is Expected to Grow from USD 1.65 Billion in 2023 to USD 3.73 Billion by 2033, at a CAGR of 8.50% during the forecast period 2023-2033.  

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Spectrum Analyzer Market Size, Share, and COVID-19 Impact Analysis, By Analyzer Type (RF Spectrum, Optical Spectrum, and Others), By Product Type (Benchtop, Handheld, and PC Based), By Bandwidth (1Khz to 5Khz, 5Khz to 9Khz, 9Khz to 3Ghz, and Above 3Ghz), By Application (Telecom, Optical communication, Radar & Radio system, Digital Signal Processing, Network, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033. 

Spectrum analyzer is a device that measures and displays signal amplitude (strength) with a varying frequency range (spectrum). Additionally, spectrum analyzers can record glitches and burst transmissions, examine transitory signals, and indicate whether stronger signals are concealing weaker ones. They are used for research purposes in labs and universities to manufacture electronic equipment. The increased focus on extending the frequency range and the need for analyzers that can detect high-frequency radio and photonics spectrums by the industry is responsible for driving the market expansion. The rising demand for wireless communication systems for better internet accessibility is driving the market growth. Further, the emergence of wireless technology in various sectors including aerospace, telecommunications, and automotive augmented the market growth. However, regulatory challenges and complexity in operation are restraining the spectrum analyzer market.

The optical spectrum segment is expected to dominate the market with the largest share during the forecast period.

Based on the analyzer type, the global spectrum analyzer market is classified into RF spectrum, optical spectrum, and others. Among these, the optical spectrum segment is expected to dominate the market with the largest share during the forecast period. Technological advancements in the field of optics and communication and demand for high-speed data transfer rates are responsible for driving the market in the optical spectrum segment.

The PC based segment is expected to hold the largest market share during the forecast period.

Based on the product type, the spectrum analyzer market is classified into benchtop, handheld, and PC based. Among these, the PC based segment is expected to hold the largest market share during the forecast period. The widespread application of PC-based spectrum analyzers in optical networks and broadband spectrum applications is driving the market growth.

The 5Khz to 9Khz segment is anticipated to hold the largest revenue share through the projected timeframe.

Based on the bandwidth, the spectrum analyzer market is classified into 1Khz to 5Khz, 5Khz to 9Khz, 9Khz to 3Ghz, and above 3Ghz. Among these, the 5Khz to 9Khz segment is anticipated to hold the largest revenue share through the projected timeframe. Due to growing spectrum distribution and public-private partnership (PPP) model investments in network infrastructure, the spectrum range of 5 kHz to 9 kHz has grown.

The optical communication segment held the largest share of the global spectrum analyzer market in 2023.

 Based on the application, the spectrum analyzer market is classified into telecom, optical communication, radar & radio system, digital signal processing, network, and others. Among these, the optical communication segment held the largest share of the global spectrum analyzer market in 2023. The increasing adoption of cloud-based and virtualization services along with the rising adoption of data centers and expansion of telecom infrastructure are driving the market in the optical communication segment.

Asia Pacific is projected to hold the largest share of the global spectrum analyzer market over the forecast period.

Asia Pacific is projected to hold the largest share of the global spectrum analyzer market over the forecast period. The increasing spectrum range of the 5G networks in the developing countries of the region is driving the market. Further, the technological advancements in the network spectrum are responsible for driving the market growth.

North America is predicted to have the highest CAGR growth in the spectrum analyzer market over the forecast period. The presence of wireless technology industries and demand for high networks in the technology and aerospace sectors are driving the market growth. Further, the increasing trend of wireless technology is responsible for propelling the market growth for the spectrum analyzer.

Companies Profiles 

Major key players in the spectrum analyzer market include Tektronix, Key Sight, Anritsu Corporation, Transcom Instruments, Aaronia AG, Teledyne, Rohde Schwarz GmbH co kg, Siglent Technologies America, Inc., Thorlabs Inc., National Instruments, EXFO, Yokogawa Test & Measurement Corporation, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In September 2024, Keysight Technologies expanded its PNA-X Vector Network Analyzer portfolio with the new NA520xA PNA-X, a highly configurable vector network analyzer (VNA) featuring four radio frequency (RF) signal sources, two internal combiners, and two low-noise receivers in a single instrument that accelerates component characterization.

• In March 2024, Keysight Technologies, Inc. and Capgemini have successfully validated non-terrestrial network (NTN) test scenarios in a set-up using Capgemini’s 5G New Radio (NR) central unit (CU) and distributed unit (DU) framework supporting NTN functionality.

• In February 2024, Anritsu took the initiative by partnering with DeepSig, aiming to revolutionize spectrum sensing by offering a solution that combines the capabilities of the Anritsu MS2090A Field Master Pro Spectrum Analyser with DeepSig's wireless signal detection and classification software.

• In November 2023, Keysight Technologies, Inc. expanded the simulation capabilities in its Electronic Design Automation (EDA) software suite to include electro-thermal simulation for the Tower Semiconductor SiGe Power Amplifier (PA) process.

• In July 2023, Keysight Technologies, Inc. is expanding its FieldFox portfolio with the new N9912C FieldFox Handheld Analyzer, a software-defined radio frequency (RF) testing platform offering field engineers more than 20 vector network analyzer (VNA), cable and antenna tester (CAT), and spectrum analyzer (SA) options for upgrade and download.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global spectrum analyzer market based on the below-mentioned segments:

Global Spectrum Analyzer Market, By Analyzer Type 

• RF Spectrum
• Optical Spectrum
• Others

Global Spectrum Analyzer Market, By Product Type 

• Benchtop
• Handheld
• PC Based

Global Spectrum Analyzer Market, By Bandwidth

• 1Khz to 5Khz
• 5Khz to 9Khz
• 9Khz to 3Ghz
• Above 3Ghz

Global Spectrum Analyzer Market, By Application

• Telecom
• Optical communication
• Radar & Radio system
• Digital Signal Processing
• Network
• Others

Global Spectrum Analyzer Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa