Telecommunications Segment to Dominate MEA Arbitrary Waveform Generator Market during 2019–2028

According to a new market research study on “MEA 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$ 46.41 million by 2028 from US$ 25.94 million in 2021. The market is estimated to grow at a CAGR of 8.7% from 2021 to 2028. The report provides trends prevailing in the MEA arbitrary waveform generator market along with the drivers and restraints pertaining to the market growth. Accelerating growth in telecommunication industry is the major factor driving the growth of the MEA arbitrary waveform generator market. However, technical limitations of products may hinder the growth of MEA 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. Iran, Israel, Egypt, and Kuwait are among the main countries in the region, which are facing serious effects of the COVID-19 pandemic. Most operations in the region were suspended due to an increase in the number of cases. Moreover, countries have been compelled to redirect funds to improve their healthcare infrastructure to manage the cases more effectively. As a result, the electronics and other similar industries is dwindling. With the relaxation of the containment measures and reopening of economies, the arbitrary waveform generator market players have started to experiencing positive growth in the MEA.

The MEA 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 MEA 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 MEA 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 MEA 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 MEA arbitrary waveform generator market. Based on country, the market is segmented into South Africa, Saudi Arabia, UAE, and rest of MEA. In 2020, Saudi Arabia held the largest share MEA arbitrary waveform generator market.

B&K Precision Corporation, KEYSIGHT TECHNOLOGIES, Rohde & Schwarz, Tabor Electronics Ltd., TEKTRONIX, INC, Teledyne LeCroy, and Texas Instruments Incorporated are among the leading companies in the MEA 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 2020, Teledyne Acquires OakGate Technology.

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