Press release
How Function Generator Market 2021 is Booming Worldwide with Top Leading Players – Shijiazhuang Suin Instruments, PROMAX ELECTRONICA S.L, Teledyne Technologies, B&K Precision Corporation, Teradyne Inc.
Findings released by the International Renewable Energy Agency (IRENA) reveal that in 2018, renewables generated 6,586TWh of electricity, with hydropower accounting for the largest share. Indicating a 6.1% increase in renewable generation from 2017 levels, the total public investment in renewables in 2018 stood at USD 21 billion. Function generators market are set to play an instrumental role in advancing the adoption of renewables around the globe. These machines are primarily used in testing, developing, and repairing electronic equipment. Generating and managing power from renewable sources will necessitate the employment of efficient and effective technologies to ensure safe and stable power supply, which in turn will stoke the demand for energy management devices.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/function-generator-market-104357
𝐀𝐬 𝐩𝐞𝐫 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐭𝐡𝐞 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐭𝐨𝐨𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟏.𝟓𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟏𝟗. 𝐓𝐡𝐞 𝐦𝐚𝐢𝐧 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:
• Elaborative overview of the industry outlook and trends;
• Comprehensive insights into the Function Generator Market drivers and challenges;
• Exhaustive analysis of the regional dynamics and competitive milieu shaping the market; and
Holistic study of each and every segment of the market.
𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫
𝐒𝐡𝐚𝐫𝐩 𝐃𝐞𝐜𝐥𝐢𝐧𝐞 𝐢𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐃𝐞𝐦𝐚𝐧𝐝 𝐚𝐦𝐢𝐝 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐭𝐨 𝐃𝐞𝐟𝐥𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬
The function generator market growth is premised on the surging energy demand worldwide, underpinned by the rapid economic development in emerging economies. However, projections about the expected meteoric rise in the demand for energy have taken a steep dive due to the outbreak of the COVID-19 pandemic. The health-economic crisis created by the coronavirus has led to an unprecedented contraction in the global energy demand. According to the International Energy Agency (IEA), the world energy demand in 2020 is set to fall by 6%, equivalent to the entire energy demand of India, the world’s third-largest energy consumer. In advanced economies, the situation is even starker. In the US, for instance, the IEA estimates energy demand to shrink by 9%, while in the European Union the IEA predicts energy demand to reduce by 11%. Low electricity demand will inevitably stall investments in the energy industry, which in turn will hamper the adoption of devices such as function generators.
𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲? 𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/function-generator-market-104357
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬-
𝐇𝐢𝐠𝐡 𝐄𝐧𝐞𝐫𝐠𝐲 𝐂𝐨𝐧𝐬𝐮𝐦𝐩𝐭𝐢𝐨𝐧 𝐭𝐨 𝐏𝐫𝐨𝐩𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜
Asia Pacific dominated the function generator market share in 2019 with a market size of USD 0.69 billion owing to the escalating demand and consumption of electricity in the region. For example, the Brookings Institution estimates that India’s electricity consumption will rise at a CAGR of 6.2% between 2015 and 2030. In addition, India and China are making massive investments in renewable energy sources and have recently emerged as two of the highest-spenders on renewables. Together, these two factors will create numerous opportunities in the regions for companies in the energy & power industry.
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
• Detailed Overview of function generator market will help deliver clients and businesses making strategies.
• Influencing factors that are thriving demand and latest trends running in the market.
• Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
• What trends, challenges and barriers will impact the development and sizing of the Global function generator market?
• SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
• What is the Market growth momentum or market carries during the forecast period?
• Which region may tap the highest market share in the coming era?
• Which application/end-user category or Product Type may seek incremental growth prospects?
• What focused approach and constraints are holding the function generator market demand?
𝐀𝐬𝐤 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧
https://www.fortunebusinessinsights.com/enquiry/customization/function-generator-market-104357
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞-
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐭𝐨 𝐓𝐚𝐩 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐄𝐦𝐞𝐫𝐠𝐞𝐧𝐭 𝟓𝐆 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲
The rollout of 5G infrastructures in major economies is reshaping the dynamics of the telecom industry. With telecom companies rapidly adopting equipment testing and repairing solutions, there is a steadily growing demand for function generators, encouraging key players develop innovative offerings and cement their position.
𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
October 2020: Keysight Technologies’ 5G test solutions have been selected by the testing lab State Radio Monitoring Center Testing Center in China to facilitate international as well as domestic certification of 5G devices.
June 2020: Teradyne, Inc. successfully ramped up the high-volume production of its new Magnum EPIC memory tester, which offers flexibility to entirely cover future DRAM devices, GDDR6, DDR5, LPDDR5, and 5G mobile devices.
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:
• Shijiazhuang Suin Instruments Co., Ltd. (China)
• PROMAX ELECTRONICA S.L (Spain)
• Teledyne Technologies (U.S.)
• B&K Precision Corporation (Japan)
• Teradyne Inc. (U.S.)
• Good Will Instrument Co., Ltd. (Taiwan)
• Keysight Technologies (U.S.)
• Scientech Technologies Pvt. Ltd. (India)
• Tabor Electronics Ltd.(Israel)
• RIGOL TECHNOLOGIES, INC. (China)
• Fluke Corporation (U.S.)
• Tektronix, Inc. (U.S.)
• KIKUSUI ELECTRONICS CORPORATION (Japan)
• National Instruments Corporation (U.S.)
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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