세계의 신호 발생기 시장 : 예측 - 유형별, 주파수 범위별, 기술별, 용도별, 최종 사용자별, 지역별 분석(-2032년)

According to Stratistics MRC, the Global Signal Generator Market is accounted for $2.1 billion in 2025 and is expected to reach $4.0 billion by 2032 growing at a CAGR of 9.2% during the forecast period. A signal generator is an electronic device that produces electrical signals with defined characteristics such as amplitude, frequency, and waveform shape. These signals-ranging from sine, square, triangular, or arbitrary waveforms-are used to simulate inputs for testing, calibrating, and troubleshooting electronic circuits and systems. Signal generators play a vital role in research, development, and maintenance across telecommunications, audio engineering, and RF applications. They can generate both analog and digital signals, often with modulation capabilities like AM, FM, or PM. Modern signal generators are microprocessor-controlled, offering precise adjustments and integration into automated test setups for enhanced accuracy and repeatability.

Market Dynamics:

Driver:

Telecom Expansion & 5G Rollout

The global surge in telecom infrastructure and accelerated 5G deployment is a key growth catalyst for the signal generator market. As operators upgrade networks to support higher data rates and low-latency applications, demand for precise RF testing tools intensifies. Signal generators enable validation of complex modulation schemes and multi-band frequencies essential for 5G. Their integration into automated test environments ensures scalability and reliability, making them indispensable across R&D, manufacturing, and field testing in telecom ecosystems, thus it drives the market expansion.

Restraint:

High Cost of Advanced Equipment

Despite technological advancements, the high capital investment required for sophisticated signal generators remains a significant barrier. Premium models with wide frequency ranges, low phase noise, and advanced modulation capabilities often exceed budget constraints for small and mid-sized enterprises. Additionally, maintenance and calibration costs add to the total cost of ownership. This financial hurdle can delay procurement cycles and limit adoption in cost-sensitive sectors, particularly in emerging markets with constrained testing infrastructure.

Opportunity:

Advanced Testing & Calibration Needs

The growing complexity of electronic systems across aerospace, automotive, and IoT domains is driving demand for advanced testing and calibration solutions. Signal generators are pivotal in simulating real-world signal environments, enabling precise validation of components and systems. With increasing emphasis on reliability, safety, and compliance, industries are investing in high-performance generators that support arbitrary waveform generation, multi-channel outputs, and digital modulation. This trend opens lucrative opportunities for vendors offering scalable, software-defined test platforms.

Threat:

Complexity in Integration

Integration complexity poses a significant hindrance to the signal generator market by slowing deployment and increasing operational costs. Compatibility issues with legacy systems, fragmented protocols, and steep learning curves for advanced configurations deter adoption, especially in resource-constrained environments. These challenges reduce efficiency in test setups and limit scalability across industries. Without streamlined interoperability and user-friendly interfaces, market growth risks being constrained by technical bottlenecks and prolonged implementation cycles.

Covid-19 Impact

The COVID-19 pandemic initially disrupted supply chains and delayed capital expenditures in electronics testing. However, it also accelerated digital transformation and remote diagnostics, indirectly boosting demand for programmable signal generators. Industries prioritized resilient testing setups with remote control capabilities and cloud-based calibration. Post-pandemic recovery has seen renewed investment in telecom and defense sectors, where signal generators play a critical role in ensuring performance, compliance, and innovation continuity under evolving operational constraints.

The RF signal generators segment is expected to be the largest during the forecast period

The RF signal generators segment is expected to account for the largest market share during the forecast period, due to their critical role in wireless communication testing. With expanding applications in 5G, satellite systems, radar, and IoT, RF generators offer high-frequency precision, low phase noise, and versatile modulation formats. Their ability to simulate complex RF environments makes them essential for validating signal integrity, spectrum efficiency, and device interoperability. Continuous innovation in frequency agility and software control further reinforces their leadership across telecom and defense verticals.

The designing & testing segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the designing & testing segment is predicted to witness the highest growth rate, due to rising demand for robust validation tools in product development cycles. Signal generators are integral to prototyping, debugging, and performance benchmarking of electronic systems. As industries adopt agile development and rapid iteration models, the need for flexible, programmable signal sources grows. Enhanced waveform generation, multi-domain simulation, and integration with automated test suites position this segment as a strategic enabler of innovation and quality assurance.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rapid industrialization, telecom expansion, and electronics manufacturing hubs in China, Japan, South Korea, and India. Government initiatives supporting 5G, smart infrastructure, and semiconductor innovation are driving demand for advanced testing equipment. The region's strong presence of OEMs and R&D centers, coupled with rising investments in aerospace and automotive electronics, reinforces its dominant market position and long-term growth potential.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to technological leadership in defense, aerospace, and next-gen wireless systems. The region's emphasis on precision testing, regulatory compliance, and innovation in mmWave and quantum technologies drives adoption of high-performance signal generators. Strategic investments in 6G research, autonomous systems, and cybersecurity testing further amplify growth. Robust infrastructure, skilled workforce, and strong vendor presence position North America as a dynamic growth engine for advanced signal generation solutions.

Key players in the market

Some of the key players profiled in the Signal Generator Market include Rohde & Schwarz, Tektronix, Anritsu, National Instruments (NI), Tabor Electronics, Siglent Technologies, RIGOL Technologies, GW Instek, Chroma ATE, Viavi Solutions, Aaronia AG, Aim-TTi, B&K Precision, Stanford Research Systems and Keysight Technologies.

Key Developments:

In January 2025, Anritsu partnered with Synopsys and Tektronix to showcase PCIe 6.0/7.0 signal integrity solutions, including live demonstrations of PAM4 signal testing and PHY IP verification.

In November 2024, Tektronix unveils its TICP IsoVu(TM) RF-isolated current probes and EA-PSB 20000 Triple bidirectional power supply-tools that raze the boundaries between safety and precision, forging a compact, high-density future for engineers charging ahead in electrification's relentless symphony.

Types Covered:

• RF Signal Generators
• Microwave Signal Generators
• Arbitrary Waveform Generators
• Function Generators
• Vector Signal Generators

Frequency Ranges Covered:

• 1 GHz - 6 GHz
• 6 GHz - 20 GHz
• Above 20 GHz

Distribution Channels Covered:

• Direct Sales
• Distributors & Resellers
• Online Sales

Technologies Covered:

• Analog Signal Generators
• Digital Signal Generators

Applications Covered:

• Designing & Testing
• Manufacturing
• Troubleshooting
• Repair & Maintenance
• Research & Development
• Other Applications

End Users Covered:

• Telecommunications
• Electronics Manufacturing
• Aerospace & Defense
• Automotive
• Education & Research Institutes
• Healthcare & Medical Devices
• Industrial Sector
• Other End Users

Regions Covered:

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

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Signal Generator Market, By Type

• 5.1 Introduction
• 5.2 RF Signal Generators
• 5.3 Microwave Signal Generators
• 5.4 Arbitrary Waveform Generators
• 5.5 Function Generators
• 5.6 Vector Signal Generators

6 Global Signal Generator Market, By Frequency Range

• 6.1 Introduction
• 6.2 1 GHz - 6 GHz
• 6.3 6 GHz - 20 GHz
• 6.4 Above 20 GHz

7 Global Signal Generator Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Direct Sales
• 7.3 Distributors & Resellers
• 7.4 Online Sales

8 Global Signal Generator Market, By Technology

• 8.1 Introduction
• 8.2 Analog Signal Generators
• 8.3 Digital Signal Generators

9 Global Signal Generator Market, By Application

• 9.1 Introduction
• 9.2 Designing & Testing
• 9.3 Manufacturing
• 9.4 Troubleshooting
• 9.5 Repair & Maintenance
• 9.6 Research & Development
• 9.7 Other Applications

10 Global Signal Generator Market, By End User

• 10.1 Introduction
• 10.2 Telecommunications
• 10.3 Electronics Manufacturing
• 10.4 Aerospace & Defense
• 10.5 Automotive
• 10.6 Education & Research Institutes
• 10.7 Healthcare & Medical Devices
• 10.8 Industrial Sector
• 10.9 Other End Users

11 Global Signal Generator Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Rohde & Schwarz
• 13.2 Tektronix
• 13.3 Anritsu
• 13.4 National Instruments (NI)
• 13.5 Tabor Electronics
• 13.6 Siglent Technologies
• 13.7 RIGOL Technologies
• 13.8 GW Instek
• 13.9 Chroma ATE
• 13.10 Viavi Solutions
• 13.11 Aaronia AG
• 13.12 Aim-TTi
• 13.13 B&K Precision
• 13.14 Stanford Research Systems
• 13.15 Keysight Technologies