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RADIO TEST SET MARKET ANALYSIS • Radio Test Set Market, by Product Type (Analog Radio Test Set and Digital Radio Test Set), by Grade (Military and Commercial), by End User (Military, Aerospace, Telecom, Homeland Security, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Radio test set is an electronic device, which is designed for maintenance, repair, and upgrading radio system operating in different frequency band. The radio test set have application in industrial, military, police, fire, private security, transportation, aerospace and, other commercial sectors owing to its various advantages such as lightweight, compact design, low maintenance and calibration costs. The radio test set provides secure and reliable radio communications, which can be used to test various technologies such as including analog, digital, Terrestrial Trunked Radio (TETRA), Project 25 (P25), Digital Private Mobile Radio (dPMR), Digital Mobile Radio (DMR), Next Generation Digital Narrowband (NXDN), and others. These radio set are configured with Radio Frequency (RF) and Alternative frequency (AF) generator, RF and AF analyzer coupled with advance feature interfaces, modulation meter, frequency meter, and others. The main reason behind testing radio equipment is to protect the radio spectrum from unwanted signal interference.
Increasing demand of radio test set from military sector and security organization is expected to drive the radio test set market growth Radios are one of the important part of communications system as they play a vital role during military exercise by helping them to communicate confidential information to other military personnel. Radio communications are the safety net of any security force, and keeping those systems running is critical for mission success. The increasing usage of radios in military sector and other security organizations is expected to boost demand for radio test set over the forecast period. The technological advancements in the radio system and increased competition in radio market has led radio manufacturers to develop new radios equipped with new technology for military sector. For instance, in 2018, Harris Corporation launched advanced new two channel handheld radio specially designed for army called AN/PRC-163 Army Radio. This radio simultaneously delivers voice and data networking to the army personal. Furthermore, radios are adopted by private security organizations, police, fire department, and others. Thus, these radios require radio test set to check for proper functionality, which is expected to drive market growth over the forecast period. However, stringent government regulations such as International Traffic in Arms Regulation (ITAR) for manufacturing and export of radio test set is restraining the market growth.
Global Radio Test Set Market: Taxonomy • On the basis of product type, radio test set market is segmented into: • Analog Radio Test Set • Digital Radio Test Set • On the basis of grade, radio test set market is segmented into: • Commercial • Military • On the basis of end user, radio test set market is segmented into: • Military • Aerospace • Telecom • Homeland Security • Others • On the basis of region, radio test set market is segmented into: • North America • Europe • Asia Pacific • Latin America • Middle East • Africa
Global Radio Test Set Market: Regional Insights On the basis of region, the global radio test set market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America and Europe held the largest market share in terms of revenue in 2018 for global radio test set market. The growth in these regions is mainly attributed by the presence of leading market players such as Aeroflex Incorporated, Keysight Technologies, Rohde & Schwarz, Freedom Communication Technologies, and Astronics Test Systems. These players are continuously focusing on development of new and improved radio test set to fulfill the requirement of military sector. For instance, in 2017, Astronics Test Systems (ATS) launched new addition to PXI Integration Platform product family. The ATS-3100 Radio Test Set (RTS) is designed to test legacy and modern military tactical radios using a single platform.
Further, Asia Pacific emerged as the fastest growing region in terms of revenue for global radio test set market in 2018, owing to high defense expenditure and increasing demand for advanced radio system in the emerging economies of the region such as China, India, and other Southeast Asian countries. For instance, according to a report from Trading Economics, in 2018, China raised its defense budget around US$ 175 billion, which was increased by 8.1% from the previous year. Moreover, in India, the total military budget for the year 2018 was accounted for US$ 43.4 billion. Global Radio Test Set Market: Competitive Landscape Some of the major players operating in the global radio test set market include Keysight Technologies, Aeroflex, Rohde & Schwarz, Anritsu Corporation, Astronics Test Systems, Freedom Communication Technologies, Kontour ETC, and Beijing StarPoint Technology among others.
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