Below 1GHz Segment to Dominate APAC Arbitrary Waveform Generator Market during 2019–2028

According to a new market research study on “APAC 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$ 221.93 million by 2028 from US$ 119.32 million in 2021. The market is estimated to grow at a CAGR of 9.3% from 2021 to 2028. The report provides trends prevailing in the APAC arbitrary waveform generator market along with the drivers and restraints pertaining to the market growth. Innovations and technological progress is the major factor driving the growth of the APAC arbitrary waveform generator market. However, technical curb of products may hinder the growth of APAC arbitrary waveform generator market.

The containment measures have led to lesser production of commodities, goods, and services. The manufacturing sector have witnessed a decline in their operations due to temporary shutdown of activities. The electronics industry took a significant hit as the demand for electronic components was lowered from industrial sector and end users. The revenue model for electronics has declined as no mass production was carried in the lockdown period. Post lockdown, the semiconductor and electronics industry started to regain the market share as production facilities restarted the operation by taking social distancing measures. China, Japan, India, and South Korea are moving toward new networking solutions such as 5G, 4G, and VoLTE. The economic growth of these countries has been hampered due to lockdowns imposed to limit the spread of COVID-19. However, the electronics industry started showing the signs of recovery by enhancing the production capabilities in the second half of 2020. The demand for advanced electronics has risen substantially. Also, the increase in importance for developing and improving the healthcare infrastructure to effectively serve the rising number of patients is creating growth opportunities for the arbitrary waveform generator market in Asia Pacific.

The APAC 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 APAC 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 APAC 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 APAC 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 APAC arbitrary waveform generator market. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and rest of APAC. In 2020, China held the largest share APAC arbitrary waveform generator market.

B&K Precision 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 APAC 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, TI to acquire Micron 300-mm semiconductor factory, extending TI's cost advantage and greater control of supply chain.