SIGNAL GENERATOR MARKET ANALYSIS

Regional Analysis

Regional Analysis of Signal Generator Market

On the basis of geography, the global signal generator market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America and Europe are the leading market for signal generators. This is due to high presence of signal generator manufacturers such as Keysight Technologies, Inc., National Instruments Corporation, and Tektronix, Inc., in the regions. Use of signal generators in troubleshooting and repairing electronic devices coupled with increasing usage of electronic devices is expected to boost growth of the market. For instance, according to a report by Coherent Market Insights, in 2016, the U.S. electronic appliance sales accounted for about US$ 98.78 billion. Asia Pacific is expected to witness growth in signal generator market during the forecast period. This is owing to improving economy in countries such as India and China and increasing development in the telecommunication industries. For instance, according to a report by India Brand Equity Foundation (IBEF), India accounted for the second-largest telecom network in the world in March 2016, where urban tele-density stood at 154.01 percent and rural tele-density at 51.37 percent.