NEW YORK, March 16, 2023 /PRNewswire/ -- The global frequency counter market size is estimated to grow by USD 810.05 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.79% during the forecast period. Moreover, the growth momentum will accelerate. The increased demand for LTE and LTE-A technology is driving market growth. These technologies help in providing faster access to data transfers when compared to 2G or 3G technologies. Telecom companies offer high-speed connectivity using LTE technology owing to the increasing use of smartphones and the demand for web access on smart devices. The demand for frequency counters is increasing, as they are used to evaluate the speed and quality of data transfer. The proliferation of application-specific frequency counters is a key trend in the market. Vendors are creating cutting-edge, application-specific solutions to target clients. Both wired and wireless communication technologies in M2M communication are used in most sectors. Therefore, the development of customer-focused application-specific products will fuel the market growth during the forecast period. Take the right approach to cop with financial crises by taking informed decisions. Buy Report Now! request a sample report.
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Frequency counter market - Segmentation assessment
Segment overview
Technavio has segmented the market based on end-user (communication, aerospace, and others) and type (bench-top and handheld).
The communication segment will account for a significant share of the market growth during the forecast period. Businesses across the world upgrade their communication infrastructure, owing to rapid growth in the telecom and internet sectors. Frequency counters enable network operators, equipment producers, and broadband service providers to deliver high-quality services over mobile and fixed networks. These factors will increase the demand for frequency counters in the communication segment during the forecast period.
Geography overview
Based on geography, the global frequency counter market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global frequency counter market.
APAC is estimated to account for 38% of the growth of the global market during the forecast period. APAC has several major vendors and high demand for electronic products, which is driving the growth of the regional market. The rising R&D expenditure, new wireless standards, high investments in the military and defense industry, and expansion of the communication sector are other factors that will fuel the growth of the frequency counter market in the region.
Insights on the market contribution of various segments, including country-wise and
region-wise historic data (2017 to 2021) and forecast market size (2023 to 2027) -
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Frequency counter market – Major challenges
The high ASP of application-specific frequency counters is challenging the market growth.
Frequency counters with high ASP have various automatic measurement options, including fast Fourier transform (FFT) analysis, advanced waveform math, and measurement statistics.
They can be used to examine analog and digital signals.
Clients prefer to purchase secondhand instruments or rent or lease equipment in order to lower their overall costs.
This, in turn, will adversely affect the sales of new frequency counters in the market.
Insights on challenges, historic period (2017 to 2021), and forecast period (2023 to 2027) -
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What are the key data covered in this frequency counter market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the frequency counter market between 2023 and 2027
Precise estimation of the size of the frequency counter market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the frequency counter market across North America, APAC, Europe, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of frequency counter market vendors
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Frequency Counter Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 7.79%
Market growth 2023-2027
USD 810.05 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.1
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 38%
Key countries
US, China, Japan, Taiwan, and Germany
Competitive landscape
Leading vendors, market positioning of vendors, competitive strategies, and industry risks
Key companies profiled
Aim and Thurlby Thandar Instruments, Anritsu Corp., B and K Precision Corp., Berkeley Nucleonics Corp., Fortive Corp., Good Will Instrument Co. Ltd., INSEVIS GmbH, ISKRA d.o.o, Keysight Technologies Inc., Madell Technology Corp., National Instruments Corp., OMRON Corp., Saluki Technology Inc., Schneider Electric SE, Selec Controls Pvt. Ltd., Simpson Electric Co. Inc., TE Connectivity Ltd., Tense Elektronik, Texas Instruments Inc., and CIRCUTOR SAU
Market dynamics
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Table of contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global frequency counter market 2017 - 2021
4.2 End-user Segment Analysis 2017 - 2021
4.3 Type Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Communication - Market size and forecast 2022-2027
6.4 Aerospace - Market size and forecast 2022-2027
6.5 Others - Market size and forecast 2022-2027
6.6 Market opportunity by End-user
7 Market Segmentation by Type
7.1 Market segments
7.2 Comparison by Type
7.3 Bench-top - Market size and forecast 2022-2027
7.4 Handheld - Market size and forecast 2022-2027
7.5 Market opportunity by Type
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2022-2027
9.4 APAC - Market size and forecast 2022-2027
9.5 Europe - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 China - Market size and forecast 2022-2027
9.10 Germany - Market size and forecast 2022-2027
9.11 Taiwan - Market size and forecast 2022-2027
9.12 Japan - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Aim and Thurlby Thandar Instruments
12.4 Anritsu Corp.
12.5 B and K Precision Corp.
12.6 Berkeley Nucleonics Corp.
12.7 CIRCUTOR SAU
12.8 Fortive Corp.
12.9 INSEVIS GmbH
12.10 Keysight Technologies Inc.
12.11 Madell Technology Corp.
12.12 National Instruments Corp.
12.13 OMRON Corp.
12.14 Schneider Electric SE
12.15 Simpson Electric Co. Inc.
12.16 Tense Elektronik
12.17 Texas Instruments Inc.
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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