Network Analyzers Market Size and Share
Network Analyzers Market Analysis by Mordor Intelligence
The Network Analyzer market size stands at USD 589.14 million in 2025 and is forecast to reach USD 734.18 million by 2030, reflecting a 4.5% CAGR during the period. This steady advance is anchored in the rising need for precise RF measurement across 5G infrastructure, quantum-computing research, and aerospace modernization. Vector Network Analyzers (VNAs) dominate thanks to superior phase-and-magnitude capability, while modular PXI-based systems gain traction for automated lines. High-frequency (greater than 40 GHz) analyzers command premium pricing as millimeter-wave use cases multiply. Sustained R&D outlays by leading vendors and government-backed semiconductor programs in Asia-Pacific reinforce growth momentum.[1]Anritsu Corporation, “Test and Measurement | Anritsu America,” anritsu.com
Key Report Takeaways
- By product type, Vector Network Analyzers led with 61.4% Network Analyzer market share in 2024; modular PXI-based systems are projected to expand at a 6.7% CAGR through 2030.
- By frequency range, 1–20 GHz captured 44.1% of the Network Analyzer market size in 2024, while the >40 GHz bracket is set to progress at a 6.3% CAGR over 2025–2030.
- By number of ports, 2-port instruments held 49.7% share of the Network Analyzer market size in 2024, whereas multi-port systems are forecast to grow at 6.1% CAGR to 2030.
- By application, communications commanded 36.6% of the Network Analyzer market share in 2024; quantum-computing research is expected to surge at a 5.8% CAGR through 2030.
- By geography, Asia-Pacific occupied a 32.9% share of the Network Analyzer market size in 2024, posting the highest regional CAGR at 5.6% to 2030.
Global Network Analyzers Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| 5G/6G infrastructure rollouts | +1.2% | Global, APAC lead | Medium term (2-4 years) |
| Aerospace and defense RF modernization | +0.8% | North America, Europe, spill-over to APAC | Long term (≥ 4 years) |
| IoT device validation surge | +0.6% | Global, manufacturing hubs | Short term (≤ 2 years) |
| Nonlinear analysis for power-amplifier design | +0.4% | Global RF design centers | Medium term (2-4 years) |
| Quantum-computing cryogenic testing | +0.3% | North America and Europe research nodes | Long term (≥ 4 years) |
| Modular PXI/LXI automation | +0.5% | Global manufacturing bases | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Proliferation of 5G/6G infrastructure
Rapid 5G base-station deployment and early 6G trials demand VNAs with extended bandwidth, dynamic range, and beam-forming calibration. Keysight’s 1.6 Tbps optical-transceiver test launch shows instrument evolution paralleling network speeds. Millimeter-wave and massive-MIMO designs push >40 GHz analyzers into mainstream labs. Cryogenic options are emerging for quantum-ready 6G links, cementing high-end VNA demand. Continuous spectrum-refarming keeps replacement cycles brisk. Vendors that pair hardware with upgradable analytics software gain recurring revenue and sustain differentiation.
Expansion of aerospace and defense RF programs
U.S. and European radar upgrades require multi-port characterization of AESA modules, elevating accuracy, phase stability, and calibration rigor.[2]Source: IEEE Xplore Editorial Board, “Cryogenic VNA Measurement Papers,” ieee.org Defense primes accept premium pricing for instruments exceeding 110 GHz, boosting margins. Satellite-based EW testing widens frequency coverage needs, while cryogenic assessments for superconducting sensors open niche sales. Long qualification cycles produce predictable demand. Export-control compliance also favors established suppliers with vetted ecosystems.
Rising IoT device validation needs
Edge devices integrate multi-band radios, intensifying antenna and coexistence tests at volume. Manufacturers opt for PXI-based VNAs that blend speed, repeatability, and automation in high-mix production.[3]National Instruments, “Test and Measurement Systems,” ni.com Short product lifecycles make scalable licensing crucial. As smart-factory adoption spreads, inline RF checks become part of manufacturing execution, securing perpetual utilization of mid-range analyzers. The trend alleviates engineer scarcity by embedding guided workflows into software.
Adoption of nonlinear network analysis for PA design
5G beam-forming amplifiers and satellite payloads require behavioral models under complex modulation. Nonlinear VNAs expose memory effects and drive digital predistortion design, raising software content per analyzer. Vendors monetize add-on apps while customers cut time-to-RF-mask compliance. The shift from scalar gain plots to vector-based distortion metrics entrenches higher-value configurations.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High capital cost of high-frequency VNAs | -0.7% | Global, affects SMEs | Medium term (2-4 years) |
| Shortage of RF test engineers | -0.5% | Global, acute in North America and Europe | Long term (≥ 4 years) |
| Calibration-related production downtime | -0.3% | Global manufacturing hubs | Short term (≤ 2 years) |
| Volatile supply of >40 GHz connectors | -0.4% | Precision-machining centers | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
High capital cost of high-frequency VNAs
Top-end analyzers priced above USD 500,000 curb adoption among universities and small labs, throttling broader penetration. Rentals alleviate cash strain yet introduce scheduling complexity and multi-year cost parity concerns. Component scarcity, especially precision waveguide couplers, keeps the bill of materials lofty. Vendors respond with modular upgrades, but overall entry prices remain elevated.
Shortage of RF test engineers
Hiring deficits, forecast to leave 58% of roles unfilled by 2030, undermine full utilization of sophisticated analyzers. High-frequency calibration, fixture design, and scripting need deep expertise that few graduates possess. Companies automate workflows, yet critical-thinking gaps persist. The talent shortfall nudges buyers toward turnkey solutions and locks SME users into service contracts, restraining unit growth despite latent need.[4]Ngram Analytics, “Keysight vs Teledyne R&D Spending,” ngram.com
Segment Analysis
By Product Type: VNA Dominance Drives Modular Innovation
VNAs accounted for 61.4% of the Network Analyzer market size in 2024, underpinned by their unrivaled ability to capture both magnitude and phase parameters. Scalar analyzers retain relevance for power throughput checks, but price erosion and multi-function firmware make VNAs the default choice for broadband characterization. Emergent PXI chassis lower per-slot cost and integrates seamlessly into automated handlers, enabling manufacturers to expand capacity without duplicating full-rack instruments. Keysight’s AI-backed measurement suites illustrate how software updates lengthen hardware life cycles, converting capital outlay into recurring license streams.
Modularity also appeals to defense primes needing field-deployable test rigs. Engineers can swap frequency-extension heads while preserving base modules, optimizing asset utilization. Software-defined paths foster application-specific packages, from satellite payload verification to quantum-bit readout, thereby broadening addressable verticals without redesigning chassis. As open-standard PXI/LXI ecosystems mature, second-tier vendors gain entry, intensifying competition yet expanding overall shipment volume of mid-range systems.
By Frequency Range: Millimeter-Wave Growth Accelerates
The 1–20 GHz band delivered 44.1% of the Network Analyzer market share in 2024, owing to entrenched telecom and automotive radar use. These units anchor production lines that prize speed and stability over bleeding-edge bandwidth. Conversely, the >40 GHz tier, though smaller, is projected to log a 6.3% CAGR through 2030, fueled by 5G FR2, 77 GHz automotive radar, and emerging 6G explorations. Price premiums persist as waveguide adapters, frequency-extension modules, and on-wafer probes carry high precision-machining costs.
Quantum-computing demands stretch analyzers to deliver ultra-low noise across broad spans while operating at cryogenic temperatures. Such niche yet high-value orders improve average selling prices and buffer margin risk. Manufacturers that bundle waveguide calibration kits and de-embedding software shorten setup time, drawing loyalty from advanced labs. Sub-1 GHz instruments remain staples for power-electronics EMC checks, but incremental revenue shifts toward millimeter-wave portfolios where differentiation is steepest.
By Number of Ports: Multi-Port Systems Enable Complex Testing
2-port systems represented 49.7% of the Network Analyzer market size in 2024, thanks to pervasive component-level uses and cost efficiency. Yet system-level validation forces designers to evaluate multi-antenna arrays in situ, pushing demand for 4-port and higher models. Multi-port analyzers are set to notch the briskest expansion at 6.1% CAGR to 2030, leveraging synchronized receivers and phase-locked sources for simultaneous S-parameter sweeps across integrated subsystems.
Automotive OEMs apply 8-port VNAs to probe radar modules under thermal cycling. Likewise, base-station OEMs validate massive-MIMO panels faster by capturing beam-forming matrix elements in one pass. While higher port counts inflate calibration complexity, fixture innovations and embedded reference standards mitigate setup hurdles. Modular port-extension cards preserve upgrade flexibility, letting customers stage investments as architecture complexity grows.
Note: Segment shares of all individual segments available upon report purchase
By Application: Communication Leadership Faces Quantum Challenge
Communications retained 36.6% Network Analyzer market share in 2024, reflecting unrelenting fiber-optic and wireless infrastructure upgrades. Dense wavelength-division multiplexing and PAM4 modulation oblige tighter return-loss and group-delay controls, embedding VNAs within optical-component production. Aerospace and defense remain stable yet premium buyers, budgeting for top-spec dynamic range and ruggedized form factors. Electronics manufacturing, encompassing smartphones and wearables, sustains mid-tier sales.
Quantum-computing research, the fastest-rising slice at 5.8% CAGR, mandates cryogenic operation and phase-noise performance unattainable by standard gear. Vendors innovate with superconducting cabling and noise-floor extensions, carving a lucrative sub-niche. Academic labs and national research centers form early adopters, but commercialization prospects hint at longer-term volume. Medical implants and industrial IoT add incremental demand, particularly where multi-band antennas require validation under constrained form factors.
Geography Analysis
Asia-Pacific commanded 32.9% of the Network Analyzer market size in 2024 and is projected to expand at a 5.6% CAGR through 2030. China’s drive for semiconductor self-reliance funds new RF-lab buildouts, while South Korea’s memory giants and Japan’s quantum-computing consortia spur high-frequency instrumentation orders. Government grants lower acquisition barriers, escalating cumulative shipments across PXI and benchtop categories.
North America follows with robust aerospace and defense allocations underpinning demand for performance-tier analyzers. Keysight’s USD 919 million R&D bill illustrates an entrenched innovation culture, and its forthcoming acquisition of Spirent boosts end-to-end validation coverage. Quantum-computing hubs in the United States and Canada drive specialized cryogenic VNA needs, while Mexico’s contract manufacturing uptick pulls mid-range systems into new facilities.
Europe leverages automotive electronics validation, led by Germany’s radar programs and France’s satellite payload development. Industry 4.0 mandates drive factory-floor PXI deployments, and strict CE/EMC compliance sustains calibrator sales. The United Kingdom’s aerospace sector and Italy’s 5G rollouts add to baseline demand. Though currency fluctuations affect capex cycles, EU research grants partially cushion procurement budgets.
Competitive Landscape
The Network Analyzer market exhibits moderate concentration. Keysight, Rohde & Schwarz, and Anritsu anchor top-tier share through broad frequency coverage, deep software stacks, and extensive support networks. Keysight’s pending USD 1.46 billion Spirent buy accelerates its shift toward integrated, automated solutions that span physical-layer to security testing.
Second-tier firms such as Advantest exploit modular PXI/LXI niches, bolstered by partnerships like its 2025 stake in Micronics Japan to streamline probe-card supply. Emerging vendors leverage software-defined architectures to offer cost-optimized VNA cards, winning footholds among small labs and contract manufacturers. Rental houses expand inventory to cater to cost-averse users, indirectly widening exposure for leading OEMs.
Competitive levers pivot on measurement speed, calibration wizardry, and AI-driven analytics rather than raw hardware specs alone. Vendors embed subscription-based feature unlocks, securing recurring revenue and deeper customer lock-in. As millimeter-wave and quantum domains mature, alliances with probe-station, cryostat, and fixture specialists become pivotal for delivering turnkey solutions.
Network Analyzers Industry Leaders
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Tektronix Inc.
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Keysight Technologies Inc.
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Transcom Instrument Co. Ltd.
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Anritsu Corporation
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Rohde & Schwarz GmbH & Co KG
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- April 2025: Keysight unveiled KAI architecture for AI-scale data-center test automation.
- March 2025: Keysight introduced DCA-M sampling oscilloscopes for 1.6 Tbps optical-transceiver testing, integrating clock recovery up to 120 GBaud and sub-15 µW optical noise.
- March 2025: Keysight and Coherent validated 200 Gbps-per-lane multimode VCSEL technology at OFC 2025 using Keysight M8199B AWG and DCA-M scopes.
- March 2025: ETS-Lindgren and Multitel delivered a 3-meter anechoic chamber with advanced shielding.
Global Network Analyzers Market Report Scope
A network analyzer is an instrument that measures the network parameters of electric networks. Network analyzers commonly measure S-parameters because reflection and transmission of electrical networks are easy to measure at high frequencies, but there are other network parameter sets such as Y-parameters, Z-parameters, and H-parameters. The market is segmented by different types of applications, such as Communication, Aerospace, and Defense, Automotive, Electronics, among others across varied geographies.
| Vector Network Analyzers (VNA) |
| Scalar Network Analyzers (SNA) |
| Less than 1 GHz |
| 1 - 20 GHz |
| 20 - 40 GHz |
| Greater than 40 GHz |
| 2-Port |
| 4-Port |
| Multi-Port (Greater than 4) |
| Communication |
| Aerospace and Defense |
| Automotive |
| Electronics Manufacturing |
| Research and Education |
| Other Applications |
| North America | United States |
| Canada | |
| Mexico | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Rest of Europe | |
| Asia-Pacific | China |
| Japan | |
| South Korea | |
| India | |
| Rest of Asia-Pacific | |
| Middle East | Saudi Arabia |
| United Arab Emirates | |
| Rest of Middle East | |
| Africa | South Africa |
| Rest of Africa |
| By Product Type | Vector Network Analyzers (VNA) | |
| Scalar Network Analyzers (SNA) | ||
| By Frequency Range | Less than 1 GHz | |
| 1 - 20 GHz | ||
| 20 - 40 GHz | ||
| Greater than 40 GHz | ||
| By Number of Ports | 2-Port | |
| 4-Port | ||
| Multi-Port (Greater than 4) | ||
| By Application | Communication | |
| Aerospace and Defense | ||
| Automotive | ||
| Electronics Manufacturing | ||
| Research and Education | ||
| Other Applications | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| South Korea | ||
| India | ||
| Rest of Asia-Pacific | ||
| Middle East | Saudi Arabia | |
| United Arab Emirates | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Rest of Africa | ||
Key Questions Answered in the Report
What is the 2025 value of the Network Analyzer market?
It is USD 589.14 million, rising to USD 734.18 million by 2030 at a 4.5% CAGR.
Which product type leads current sales?
Vector Network Analyzers command 61.4% share due to superior phase-and-magnitude measurement capability.
Which frequency band is growing fastest?
The >40 GHz segment is projected to log a 6.3% CAGR between 2025 and 2030, propelled by millimeter-wave 5G and 6G work.
Why is APAC the largest regional market?
Concentrated semiconductor fabrication, aggressive 5G rollouts, and government tech incentives give APAC 32.9% share and the highest 5.6% regional CAGR.
What main risk could slow expansion?
High capital cost of premium VNAs and a projected 58% shortfall in qualified RF test engineers pose notable constraints.
Which company recently pursued major M&A activity?
Keysight Technologies is finalizing a USD 1.46 billion acquisition of Spirent Communications to broaden automated test capabilities.
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