Global Signal Generators Market Trends & Forecasts: What’s Driving Growth Through 2034?
How has the signal generators market evolved, and where is it heading next? The signal generators market size has grown strongly in recent years. It will grow from $1.5 billion in 2024 to $1.62 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to growing telecommunication industry, increasing demand for electronic devices, advancements in aerospace and defense, globalization of electronics manufacturing, rapid growth in IoT (Internet of Things) devices. The signal generators market size is expected to see strong growth in the next few years. It will grow to $2.1 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to 5G implementation, emergence of new communication standards, expanding applications in automotive sector, integration of AI (artificial intelligence) and ML (machine learning), demand in healthcare electronics. Major trends in t...