Arbitrary Waveform Generator Market Expected To Witness Considerable Growth CAGR of more than 9% over the forecast period.
Arbitrary Waveform Generator Industry Overview The global arbitrary waveform generator market size was valued at USD 304.7 million in 2018 and is expected to register a CAGR of more than 9% over the forecast period. The market growth can be attributed to the growing demand for advanced test and measurement equipment across numerous sectors such as healthcare, aerospace & defense, telecommunications, education, and consumer electronics. The augmented demand for these generators in the commercial sector is principally due to the superior integrity offered by DDS integrated circuits. The growing penetration of internet and the growing demand for communication technologies across the globe has further exerted a positive influence since numerous communication devices in the IoT ecosystem require arbitrary waveform generators (AWGs) for their testing. Substantial investments in various sectors, especially healthcare and aerospace & defense, have led to ...