- Growth and demand in the field of IT and telecommunication industry is creating demand for base station analyzers.
- The Asia Pacific region is expected to grow with a high CAGR of during the forecast period.
- Business partnerships between manufacturers and long-term business contracts are projected to help vendors to increase revenue from the market.
Future Market Insights (FMI) has recently published a report titled “Base Station Analyser Market – Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027.” Base station analysers find applications in various industry verticals such as IT & telecommunications, automotive, semiconductor & electronics and others.
Growth and demand in the field of IT & telecommunication industry is creating demand for the base station analysers. Base station analysers are the most important electronic instruments used for the optimal test for the maintenance and installation of cell sites. Nowadays, the base station analyser manufacturers are manufacturing high performance base station analysers to support installed 2G, 3G, 4G and WiMAX networks and upcoming 5G network connectivity. The advanced base station analysers are supporting narrowband IoT testing, RFoCPRI, spectrum & interference analysis and several other types of cell site testing. Basic features of base station analysers are multiple functions in one platform, MIMO 4X4, LTE-A Carrier aggregation, spectrum analysis up to 8GHz, PIM Detect, LTE automeasure, RF measurements over CPRI, multimedia broadcast multicast service analysis, , and other features.
In terms of value, the global base station analyser market is projected to expand at a CAGR of 5.4% during the forecast period. In 2017, the global base station analyser market was valued at $1.19 billion and is expected to reach $ 2 billion at the end of 2027 due to the increasing deployment of wireless technologies and ongoing technological advancements in network infrastructure.
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The global base station analyser market is segmented on the basis of product type, vertical and region. By product type, the global base station analyser market is sub segmented into handheld, portable and benchtop. Benchtop base station analysers are becoming popular among end users due to their performance and durability. Benchtop base station analysers offer channel power ratio, occupied bandwidth and network frequencies of 4G, 3G, 2G & other wireless communication frameworks. Due to these growth factors, the bench top sub-segment of the global base station analyser market is expected to hold a market share of more than 40.0% at the end of 2019. Furthermore, in the recent years, handheld base station analysers have witnessed significant growth due to the rising adoption of handheld base station analysers for field service applications. Due to these factors, the handheld sub-segment is expected to create new business opportunities for the manufacturers of base station analysers in the near future.
Based on the vertical, the base station analyser market is sub-segmented into aerospace & defense, IT & telecommunication, semiconductors & electronics and others. Due to ongoing technological advancements in telecommunication technologies, the IT & telecommunication sub-segment is projected to hold the highest market share for the global base station analyser market. The semiconductor & electronics sub-segment is projected to register a CAGR of more than 6.0% during the forecast period.
Geographically, the Asia Pacific expected to grow with a high CAGR of during the forecast period. The region is also expected to hold the highest market share for the global base station analyser market. The smartphone revolution and increasing penetration of the Internet are among the major factors contributing to the growth of the base station analyser market in the Asia Pacific region. In addition, the base station analyser market in India, China and Japan is creating new revenue models for the manufacturers of base station analysers. Furthermore, the rapid deployment of 5G technologies in Europe and North America is positively supporting the growth of the base station analyser market.
According to FMI analysis, business partnerships between the manufacturers of base station analysers and long-term business contracts are projected to help the vendors of base station analysers to increase revenue from the market. Moreover, new innovation strategies and research & development strategies will enable the vendors of base station analysers to benefit from new growth opportunities in different regional markets. Some of the key market participants profiled in the global base station analyser market report are Anritsu, Keysight (Formerly Agilent), fieldSENSE, VIAVI Solutions Inc., RF Industries, Tektronix, CommScope, GW Instek, Rigol Technologies Inc., Rohde & Schwarz and Fluke Corporation.