The global arbitrary waveform generator (AWG) market is a large and growing market demanding colossal investments in technology and integration. AWG market is progressing at a remarkable pace in the overall test & measurement paraphernalia industry. On the whole, arbitrary waveform generator market is in the growing phase. In the lifecycle of arbitrary waveform generators, consumers, electronics, and telecommunication equipment manufacturing sectors are emerging at a brisk rate, which is trailed by the education and industrial sectors. In terms of market volume, education sector enacts a lead role as the generators find applicability in all the technical schools, colleges, and universities. In the automotive & medical sector, arbitrary waveform generators market is growing at a deliberate pace, but it is expected that the materialization of Human Computer Interaction (HCI) offers a thump to the overall market in the automotive sector.
The past decade was a beneficial term for the arbitrary waveform generator market with new product introductions from several test equipment purveyors. The augmented stipulation for AWGs in commercial rationale is principally due to superior integrity in direct digital synthesis (DDS) ICs. Primarily used for military applications, the arbitrary waveform generator is expected to be used for automobile and medical applications and is probable to replace the classic functional generators. With arbitrary waveform generators progressively being deployed in new and promising end-user applications, this trend is expected to continue over the forecast period.
The arbitrary waveform generator (AWG) is enormously adopted by aerospace, defense, and armed forces sectors. Military Research and Development (R&D) operations necessitate the AWG installation in numerous key simulation purposes. Arbitrary waveform generator market is foreseen to attain a phenomenal upsurge in growth as an unswerving outcome of the war on terror commenced by the U.S., and expenditure on military R&D has amplified multiple times in several nations. A greater emphasis is being placed on the training of military personnel as well. Several defense-related research facilities have been set up the world over and this has proportionately enlarged the necessitation for high-speed and high-performance AWGs.
Surging demand from communications industries and dynamic applicability in military and manufacturing sectors are anticipated to serve as a major driver for the arbitrary waveform generator market as enterprises are experiencing a dynamic phase change from archival function generators to high performance delivering AWG technology. The benefit of such an assorted environment is that decision-makers can augment the equipment performance throughput that is best suited for the application & computing workloads and is cost-effective. Alignment of arbitrary waveform generator substructure as per machine requirements, abridged operating expenditure of manufacturing sector, and shortcomings of traditional function generators are expected to mature as major drivers for the arbitrary waveform generator market.
On the other hand, high initial capital investments and deciding a suitable AWG-to–equipment integrity are some factors that are expected to hamper the arbitrary waveform generator market growth. Arbitrary waveform generator vendors would witness challenges in terms of heavy custom duties on the imported measurement and test equipment in under-developed regions, and stakeholder’s reluctance to invest in these technologies.
Arbitrary waveform generator market can be segmented on basis of fabrication techniques into Direct Digital Synthesis (DDS) technology, variable-clock arbitrary waveform generator, and hybrid AWG. Based on sample delivery per second, arbitrary waveform generator market can be bifurcated into single channel & dual channel AWGs. AWGs can also be classified on the basis of end-use to military and defense installations and other commercial AWG deployments.
Asia Pacific arbitrary waveform generator market is anticipated to grow at a substantial rate. The key drivers in the Asian Pacific market would be, escalated spending in research and development and focus on production combined with high cost sensitivity. The market for Arbitrary Waveform Generators (AWGs) in Europe is foreseen to be more developed and established, with mounting revenues from manufacturing sector, Aerospace and Defense (A&D) solicitations, as well as communications industries in the region, which are expected to generate moderate growth for the market going forward. The Middle East and African market would mature over the forecast period following a shift in focus towards efficient manufacturing and production center management policies.
Leading market players in the arbitrary waveform generators solutions during the forecast period comprise Aeroflex Inc., Agilent Technologies, Aplab Ltd., B&K Precision Corporation, Dynamic Signals LLC, Fluke Corporation, HAMEG Instruments GmBH, Keithley Instruments, Inc., National Instruments Corporation, Pico Technology, Rigol Technologies Inc., Stanford Research Systems, Inc., Syntek, Tektronix, Teledyne LeCroy, Inc., Thurlby Thandar Instruments Limited, and Yokogawa Electric Corporation.
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