Product Code: GVR-3-68038-488-8
Arbitrary Waveform Generator Market Growth & Trends:
The global arbitrary waveform generator market size is expected to reach USD 875.3 million by 2030, registering a CAGR of 9.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing number of applications of these generators across numerous end-use sectors is expected to drive the arbitrary waveform generator (AWG) market growth over the forecast period. There has been a considerable rise in the investments and R&D activities carried out in various sectors, including healthcare, telecommunications, and aerospace & defense, which have led to the introduction of sophisticated and technologically advanced equipment. As a result, AWGs are expected to be the standard for the simulation of waveforms owing to the high complexity of electronic systems.
The augmented demand for these generators in the commercial sector can be primarily attributed to the growing popularity of reliable DDS integrated circuits. Users are increasingly preferring these generators over the conventional function generators owing to benefits such as improved performance and cost-effectiveness offered by these generators for computing applications. Additionally, the aerospace & defense and healthcare sectors are witnessing significant investments in the development of advanced equipment, which require sophisticated testing and signal measurement procedures. This is expected to drive the demand for AWGs in these sectors.
Dynamic applicability in the manufacturing and military sectors, along with surging demand from the telecommunications sector, is anticipated to drive the AWG market growth. Various enterprises are shifting their preference from traditional function generators to advanced AWGs owing to their enhanced performance. As a result, the decision-makers in these enterprises are now able to augment the performance throughput of their equipment as per their requirements, in addition to leveraging the benefit of cost-effectiveness.
The rising popularity of new technologies, including EDGE and WiMAX, is poised to further escalate the demand for AWGs. These generators offer numerous benefits, such as higher speed, flexibility, and performance, which are expected to augment the AWG market growth in the next six years. Moreover, in order to ensure optimum flexibility and versatility of these generators, several manufacturers such as Keysight Technologies and Tektronix, Inc. are developing AWG software to allow the generation of standard-compliant waveforms and to offer high-precision testing capabilities.
Arbitrary Waveform Generator Market Report Highlights:
- The dual-channel segment accounted for the largest revenue share of 62.2% in the global arbitrary waveform generator industry in 2024 and is further expected to maintain its position during the forecast period. The single-channel AWG segment is expected to advance at a significant CAGR from 2025 to 2030.
- The direct digital synthesis (DDS) technology accounted for the largest revenue share in the global AWG market in 2024. The combined AWG segment, which involves DDS and variable-clock technologies, is expected to grow at the fastest CAGR from 2025 to 2030.
- The telecommunications segment accounted for the largest revenue share in the global arbitrary waveform generator industry in 2024. The education segment is expected to advance at the fastest CAGR in the market from 2025 to 2030.
- The North America arbitrary waveform generator market accounted for the largest global revenue share of 41.6% in 2024. The Asia Pacific region is expected to advance at the highest CAGR in the global AWG market during the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Arbitrary Waveform Generator Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.2. Market Restraints Analysis
- 3.2.3. Industry Challenges
- 3.3. Arbitrary Waveform Generator Market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political Landscape
- 3.3.2.2. Economic and Social Landscape
- 3.3.2.3. Technological Landscape
- 3.3.2.4. Environmental Landscape
- 3.3.2.5. Legal Landscape
Chapter 4. Arbitrary Waveform Generator Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Arbitrary Waveform Generator Market: Product Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Single-channel
- 4.3.1. Single-channel Arbitrary Waveform Generator Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Dual-channel
- 4.4.1. Dual-channel Arbitrary Waveform Generator Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Arbitrary Waveform Generator Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Arbitrary Waveform Generator Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Direct Digital Synthesis
- 5.3.1. Direct Digital Synthesis AWG Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Variable-clock
- 5.4.1. Variable-clock AWG Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Combined AWG
- 5.5.1. Combined AWG Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Arbitrary Waveform Generator Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Arbitrary Waveform Generator Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Telecommunications
- 6.3.1. Arbitrary Waveform Generator in Telecommunications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Education
- 6.4.1. Arbitrary Waveform Generator in Education Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Healthcare
- 6.5.1. Arbitrary Waveform Generator in Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Electronics
- 6.6.1. Arbitrary Waveform Generator in Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Industrial
- 6.7.1. Arbitrary Waveform Generator in Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Arbitrary Waveform Generator in Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Arbitrary Waveform Generator Market: Regional Estimates & Trend Analysis
- 7.1. Arbitrary Waveform Generator Market Share, By Region, 2024 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. UAE
- 7.6.2.1. UAE Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Saudi Arabia Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Arbitrary Waveform Generator Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles
- 8.4.1. TEKTRONIX, INC.
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Rohde & Schwarz
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. NATIONAL INSTRUMENTS CORP.
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. B&K Precision Corporation
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Fluke Corporation
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Teledyne Technologies Incorporated
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. ANRITSU CORPORATION
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Signal Hound
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Focus Microwaves Inc.
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Agilent Technologies, Inc.
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.11. Pico Technology Ltd.
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Recent Developments/ Strategic Initiatives
- 8.4.12. Keysight Technologies
- 8.4.12.1. Participant's Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Benchmarking
- 8.4.12.4. Recent Developments/ Strategic Initiatives