Vector Network Analyzer Market Size, Share, Opportunities, And Trends By Frequency Type (67-110 GHz, 26.5-40 GHz, 40-50 GHz, 50-67 GHz, 0.26-5GHz), By Application (Medical, Automotive, Aerospace And Defense, Electronic, Education, IT And Telecommunication, Others), And By Geography - Forecasts From 2025 To 2030

Description

The Vector Network Analyzer Market is expected to grow from USD 603.311 million in 2025 to USD 744.180 million in 2030, at a CAGR of 4.29%.

Vector Network Analyzer Market Highlights

• Growing 5G adoption drives demand for precise vector network analyzers.
• Technological advancements enhance accuracy in RF and microwave testing.
• The expanding aerospace and defense sectors boost the analyzer market growth.
• Miniaturized, portable analyzers gain traction for field testing applications.
• Integration with IoT and automation supports real-time network analysis. 

Vector Network Analyzer Market Introduction

The Vector Network Analyzer (VNA) market is a critical segment of the RF test and measurement industry, driven by the increasing complexity of radio frequency (RF) and microwave systems across telecommunications, aerospace, automotive, and semiconductor sectors. VNAs are indispensable tools for engineers, enabling precise microwave device characterization through the measurement of S-parameters (scattering parameters), which describe how RF signals are transmitted and reflected in a device under test (DUT). These instruments are vital for ensuring the performance and reliability of components like antennas, filters, amplifiers, and cables in high-frequency applications. The market is experiencing robust growth, fueled by advancements in millimeter-wave VNA, USB VNA, and handheld VNA technologies, which cater to the demand for portable test equipment. 

How a Vector Network Analyzer Works

A Vector Network Analyzer operates by generating a known RF stimulus signal and measuring the DUT’s response, capturing both magnitude and phase to provide comprehensive network analysis. Unlike other instruments, a VNA uses multiple ports (typically two or more) to send a calibrated signal through the DUT, measuring transmitted and reflected waves to calculate S-parameters (S11, S12, S21, S22). These parameters quantify reflection and transmission characteristics, such as return loss, insertion loss, and gain. The VNA’s architecture includes an RF source, directional couplers, and receivers, with a forward/reverse switch directing the signal to the DUT’s ports. Calibration, often using Through-Reflect-Line (TRL) or Short-Open-Load-Through (SOLT) methods, ensures accuracy by compensating for cable and fixture effects. For instance, Keysight introduced the PXIe-based M981xA series, offering enhanced calibration for millimeter-wave VNA applications up to 70 GHz. This closed-loop system allows precise characterization, critical for 5G, 6G, and radar systems.

Key Differences from Other Analyzers

VNAs differ significantly from other RF test and measurement instruments like Scalar Network Analyzers (SNAs), Spectrum Analyzers, and Oscilloscopes, each serving distinct purposes:

• Scalar Network Analyzer (SNA): SNAs measure only the amplitude (magnitude) of signals, lacking phase information, making them less comprehensive than VNAs. While SNAs, often a combination of a tracking generator and spectrum analyzer, are simpler and less expensive, they cannot fully characterize complex devices requiring phase data for matching networks or stability analysis. VNAs offer superior accuracy through advanced calibration, critical for microwave device characterization.
• Spectrum Analyzer: Spectrum analyzers measure the frequency and amplitude of external signals, such as those from antennas or transmitters, without generating a stimulus. They are ideal for analyzing signal integrity or interference, but cannot measure S-parameters or provide phase information. VNAs, by contrast, actively stimulate the DUT, enabling precise network analysis of transmission and reflection properties.
• Oscilloscope: Oscilloscopes measure time-domain signals, displaying voltage waveforms over time, suitable for analyzing transient signals. Unlike VNAs, they do not provide frequency-domain network analysis or S-parameters. While modern oscilloscopes with Fast Fourier Transform (FFT) capabilities can mimic some spectrum analyzer functions, they lack the stimulus-response architecture of VNAs, limiting their use in RF component characterization.

Recent advancements, such as Anritsu’s ShockLine USB VNA series, highlight the VNA’s edge with compact, high-performance solutions for field testing.

The market is driven by:

• Demand for 5G and 6G Technologies: The rollout of 5G and development of 6G networks require precise microwave device characterization for high-frequency components. Millimeter-wave VNAs are critical for testing antennas and filters at frequencies above 26 GHz, driving market growth.
• Rise of Portable Test Equipment: The shift toward handheld VNA and USB VNA solutions, like Pico Technology’s 8.5 GHz PicoVNA, supports field applications in telecommunications and aerospace, enhancing flexibility and reducing costs.
• Automotive Radar and IoT Growth: The proliferation of automotive radar and IoT devices demands accurate RF test and measurement, with VNAs ensuring component reliability in connected systems.

The market faces challenges:

• High Costs: Premium VNAs, especially millimeter-wave VNAs, are expensive, limiting adoption by smaller firms. High-end models like Keysight’s PNA series require significant investment, restricting market reach.
• Complexity of Calibration: VNA calibration, essential for accurate S-parameter measurements, is complex and time-consuming, requiring skilled operators, which can hinder scalability in fast-paced production environments.

The Vector Network Analyzer market is thriving, propelled by advancements in RF test and measurement and the need for precise microwave device characterization in high-frequency applications. VNAs stand out for their ability to measure S-parameters, offering unmatched accuracy compared to SNAs, spectrum analyzers, and oscilloscopes. Innovations like millimeter-wave VNA, USB VNA, and handheld VNA are expanding their utility in portable test equipment, driven by 5G, IoT, and automotive radar demands. Despite challenges like high costs and calibration complexity, the market’s trajectory remains strong, with companies like Keysight, Anritsu, and Rohde & Schwarz leading through cutting-edge solutions. Market players must leverage these trends to address evolving technological needs in telecommunications, aerospace, and beyond. 

Vector Network Analyzer Market Trends

Major market drivers include the technological advancements across the electronics, communication, and automotive industries. The growing use of IoT and the rapid acceleration of 5G technology are expected to have a positive impact on the overall market growth. Furthermore, the rising adoption of network analyzers for the precise manufacturing of semiconductors and mobile devices is expected to boost market growth in the coming years.

Looking at the increased demand, companies are launching new and innovative products to increase their market share. For instance, in August 2022, Anritsu launched the world’s first single-sweep VNA-Spectrum analyzer solution supporting 70 kHz to 220 GHz, VectorStar. VectorStar has the spectrum analyzer feature, which can perform single connection tests using a Vector Network Analyzer (VNA) and spectrum-based measurements. This makes the testing process more efficient and accurate, especially for checking how well active and passive devices work during the design, troubleshooting, or characterization stages.

The VNA market is evolving rapidly, driven by advancements in RF test and measurement technologies and the growing complexity of high-frequency systems. AI-assisted calibration is a prominent trend, streamlining calibration processes by reducing errors and time. In 2024, Anritsu introduced an AI-assisted calibration feature in its ShockLine VNA series, enhancing accuracy for high-frequency testing. Multi-port network analyzers are gaining traction, supporting simultaneous testing of complex devices like 5G antenna arrays. Rohde & Schwarz’s R&S ZNrun automates multi-port network analyzer testing for PCIe cables, reducing testing time significantly. Software-defined VNAs enhance flexibility, allowing remote operation and real-time data analysis, as seen in Keysight’s PathWave-integrated PXIe VNAs for connected devices testing. mmWave technology drives demand for VNAs operating above 40 GHz, critical for 5G and 6G applications. Pico Technology’s PicoVNA supports mmWave technology up to 8.5 GHz, catering to high-frequency testing needs. These trends highlight the market’s focus on precision, automation, and adaptability for next-generation technologies.

Vector Network Analyzer Market Dynamics:

Market Drivers

• AI-Assisted Calibration for Enhanced Precision

AI-assisted calibration is a key driver in the VNA market, revolutionizing RF test and measurement by automating and optimizing calibration processes. AI algorithms reduce human error and calibration time, ensuring high accuracy for complex measurements like S-parameters. Anritsu integrated AI-driven calibration into its ShockLine VNA series, enabling faster setup for high-frequency testing in 5G and automotive radar applications. This technology simplifies workflows, making VNAs more accessible to engineers with varying expertise levels. As industries demand precise characterization of components like antennas and filters, AI-assisted calibration enhances efficiency, particularly for millimeter-wave VNA applications. The push for automation in testing environments drives market growth, as manufacturers prioritize AI to meet the stringent requirements of next-generation technologies, ensuring VNAs remain indispensable in high-stakes sectors like telecommunications and aerospace.

• mmWave Technology for 5G and 6G Applications

The adoption of mmWave technology is propelling the VNA market, driven by the rollout of 5G and the development of 6G networks. VNAs capable of operating at frequencies above 26 GHz are critical for testing components like antennas, amplifiers, and waveguides used in these high-bandwidth systems. Keysight launched the PXIe-based M981xA series, supporting mmWave technology up to 70 GHz for microwave device characterization. The demand for ultra-fast, reliable connectivity in telecommunications and IoT applications fuels the need for precise network analysis. As industries transition to higher frequencies, VNAs equipped for mmWave technology are essential, driving market expansion by enabling engineers to validate performance and ensure compliance with stringent standards, particularly in cutting-edge wireless communication systems.

• Connected Devices Testing for IoT and Automotive Growth

The rise of connected devices testing is a significant market driver, fueled by the proliferation of IoT devices and automotive radar systems. VNAs are essential for characterizing RF components in smart home devices, wearables, and vehicle-to-everything (V2X) communication systems, ensuring reliable performance. For instance, Rohde & Schwarz introduced the R&S ZNA, a VNA tailored for connected devices testing in automotive applications, supporting precise measurements for radar and 5G modules. The growing complexity of IoT ecosystems and autonomous vehicle technologies demands robust RF test and measurement solutions. VNAs, particularly multi-port network analyzers, enable simultaneous testing of multiple components, enhancing efficiency. This trend drives market growth as industries prioritize seamless connectivity and reliability, positioning VNAs as critical tools for ensuring the performance of interconnected systems.

Market Restraints

• High Costs of Advanced VNAs

The high costs of advanced VNAs pose a significant restraint, limiting adoption among smaller enterprises and research institutions. Premium models, such as those supporting mmWave technology or multi-port network analyzers, require substantial investment due to their sophisticated hardware and software. For instance, Keysight’s PNA series, designed for high-frequency applications, carries a premium price that can deter budget-constrained organizations. While these VNAs offer unparalleled accuracy for network analysis, their cost restricts market penetration in price-sensitive regions or industries. The availability of lower-cost alternatives, like scalar network analyzers, further challenges growth, as some users opt for less comprehensive solutions. Manufacturers face pressure to balance innovation with affordability, slowing market expansion in certain segments where cost outweighs the need for advanced features.

• Complexity of Operation and Calibration

The complexity of operation and calibration is a notable restraint, as VNAs require specialized expertise for accurate S-parameter measurements. Calibration processes, such as TRL or SOLT, are intricate and time-consuming, demanding skilled operators to ensure precision. Tektronix notes that improper calibration can lead to significant measurement errors, particularly in high-frequency testing scenarios. This complexity limits the adoption of VNAs in environments with limited technical expertise or fast-paced production schedules. While AI-assisted calibration mitigates some challenges, the learning curve for operating advanced VNAs, like those for mmWave technology, remains steep. This restraint hinders scalability, as companies must invest in training or specialized personnel, slowing deployment in industries where rapid testing turnaround is critical, such as manufacturing or field applications.

Vector Network Analyzer Market Segmentation Analysis

• The 0-26.5 GHz segment is expected to grow considerably

Based on frequency type, the vector network analyzer market is segmented into 0-26.5 GHz, 26.5-40 GHz, 40-50 GHz, 50-67 GHz, 67-110 GHz, and >110 GHz. With the growing demand for network analyzers for precise manufacturing capabilities, the adoption of analyzers under the frequency range of 0-26.5 GHz is anticipated to witness an upward trend in the upcoming years. For instance, the vector network analyzer under the SNA5000A Series offered by Siglent is apt for frequency ranges such as 9 kHz – 8.5 GHz and 100 kHz – 26.5 GHz, respectively. It provides flexibility in R&D and manufacturing applications and serves as an effective instrument for limit testing and fixture simulation, among other key features.

Additionally, the multiple calibration types offered under this frequency range greatly facilitate the testing requirements in devices with varied interfaces. For instance, Copper Mountain Technologies offers SC5090, which is a vector network analyzer under 9 GHz frequency that includes multiple methods of calibration as well as automated calibration.

Moreover, along with a rising focus of countries worldwide towards 5G connectivity, the spectrum of IT and communication technology will expand till the forecast period. With the surge in data traffic levels under 5G services, the extension of base stations and wireless access networks will take place, thereby propelling the demand for network analyzers under the 0-26.5 GHZ range. For instance, the Modular 1-Port vector network analyzer (MS46131A) provided by Anritsu is a lightweight and compact product that enables measurement of 5G devices under 8/20 GHz models.

Furthermore, in 2024, Siglent released its new SHN900A series, which is a vector network analyzer that supports up to 26.5GHz of frequency. The handheld and portable RF testing solution includes integration of vector network analysis, spectrum analysis, domain analysis, as well as cable and antenna analysis. In addition to this, the series is specifically designed to meet the growing demand for flexible testing that can be widely applied in R&D, field testing, maintenance and communication, base station, antenna, automotive electronics, and materials, among others. 

• Surging demand for network analyzers from the growing automotive sector

One of the prime reasons supporting the growth of the vector network analyzer market is the growing automotive sector. The automotive sector is continuously working to bring several technologies like IoT, artificial intelligence, wireless technology, 5G, and machine learning into the industry for the growth and development of connected and autonomous cars worldwide.

The rising adoption of sensors and the implementation of more than 100 control units in modern vehicles is expected to generate a vast amount of informational data, which is continuously transferred and received by these autonomous vehicles, and is expected to increase the demand for network analyzers in the industry. For instance, in July 2022, May Mobility - a shuttle operation company that is into developing innovative autonomous vehicles, topped a milestone with the newly announced Grand Rapids, Minn. deployment. The Grand Rapids deployment marks several firsts for the company and the autonomous vehicle industry. The company will receive the first commercial launch of the Toyota Sienna Autono-MaaS (S-AM) and will also host the largest on-demand area yet. Such increasing penetration of new technologies in the market is propelling the growth of vector analyzers in the projected period.

According to the International Organization of Motor Vehicle Manufacturers, China is one of the major manufacturers of automotive vehicles. As per the data, cars manufactured in China in 2021 were 2,14,07,962, which increased to 2,38,36,083 in 2022. With increasing technological advancements in the field of car manufacturing and rising demand for cars and other commercial vehicles, the market for vector analyzers is expected to grow in the coming years.

• The IT and telecommunication market for vector network analyzers

Vector network analyzers are used to evaluate design simulations and test component requirements to ensure that systems and their components function together appropriately. Currently, around 6.37 billion smartphones are used globally. Internet usage has increased significantly worldwide in the past two decades. For instance, according to the World Bank’s data, in 2021, 63% of the global population had access to the internet, which showed a 14% in the global internet penetration over the past four years.

Further, with countries moving to 5G connectivity, the IT and communication technology is expected to propel. Data traffic levels are rising as a result of the introduction of new 5G services, which are extending to wireless access networks, base stations and transmission equipment, and data centers. With this, the demand for the vector network analyzer market is expected to rise.

Strategic collaboration and product launches have further propelled the overall market growth. For instance, in March 2021, Anritsu and Spirent developed the World-First Solution for evaluating 5G video quality. Likewise, in July 2021, Anritsu collaborated with Samsung Electronics to focus on the integration and testing of multiple new Release 16 power-saving features that can extend battery life, such as new wakeup signal (WUS), UE Assistance Information, enhanced cross-slot scheduling, and optimized UE radio capability signaling (RACS).

Vector Network Analyzer Market Geographical Outlook:

• The USA vector network analyzer market is predicted to expand steadily. 

Automotive, electronics, aerospace and defense, and IT and telecommunication are the prime sector that utilizes network analyzer equipment in the country. The growing investment and production units to bolster the overall productivity of these major end-users have provided a positive market outlook for vector network analyzers in the United States. Additionally, the growing shift towards electric vehicles and increasing carbon consciousness, accompanied by governmental support, is projected to further drive the notable demand. For instance, according to the International Energy Agency, in 2022, the United States' electric car stock stood at 3 million units, representing a significant 36.36% increase over 2021’s stock volume of 2.2 million units.

The United States aerospace industry is the global leader in terms of innovation and production of advanced aircraft systems. Airbus and Boeing are two leading aircraft-producing companies that operate in the US. The companies ' aircraft deliveries have surged at a profitable pace with the increase in aircraft demand owing to the rise in air travel. The rise in production is forecasted to create notable demand for the network analyzer market in the country.

Furthermore, to increase their market shares, leading players are innovating and launching new products for better market holding. For instance, in May 2023, Keysight Technologies launched the “Keysight E5081A ENA-X” midrange vector network analyzer that produces precise error vector magnitude measurements, thereby accelerating the characterization of 5G component designs and addressing the growing demand for high data speed with ultra-low latency.

Additionally, the penetration of Industry 4.0 and the introduction of new technology are estimated to open new opportunities for the market in the country. Furthermore, state-of-the-art infrastructure and early adoption of numerous technologies also support the market prospects.

List of major companies:

• Keysight Technologies, Inc. 
• Rohde & Schwarz GmbH & Co. KG 
• Anritsu Corporation 
• National Instruments Corporation 
• Tektronix, Inc. 
• Copper Mountain Technologies, Inc. 
• Pico Technology Ltd.

Vector Network Analyzer Market Key Developments

• In May 2024, Siglent announced the release of its SHN900A Series of handheld VNAs, designed to offer the performance of a benchtop instrument in a portable form factor. These VNAs cover a frequency range from 30 kHz to 26.5 GHz, with a dynamic range of 110 dB. The series supports various calibration types, including TRL, and offers a wide array of measurements such as scattering and time-domain parameter analyses. The product launch highlights the industry's trend towards compact, high-performance VNAs for field testing, R&D, and production environments.
• Rohde & Schwarz Launches R&S ZNB 4-Port VNA: In 2024, Rohde & Schwarz introduced a compact 4-port vector network analyzer with an integrated signal generator, designed for automotive radar and satellite system verification, supporting frequencies up to 44 GHz with enhanced test automation.
• Keysight Technologies Unveils E5081A ENA-X: In 2023, Keysight launched the E5081A ENA-X midrange vector network analyzer, offering faster error vector magnitude measurements for 5G component testing, reducing characterization time with integrated modulation distortion analysis.

Vector Network Analyzer Market Segmentation:

• By Frequency Type
  • 67-110 GHz
  • 26.5-40 GHz
  • 40-50 GHz
  • 50-67 GHz
  • 0.26-5GHz
• By Application
  • Medical
  • Automotive
  • Aerospace and defense
  • Electronic
  • Education
  • IT and Telecommunication
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter's Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. VECTOR NETWORK ANALYZER MARKET BY FREQUENCY TYPE

4.1. Introduction

4.2. 67-110 GHz

4.3. 26.5-40 GHz

4.4. 40-50 GHz

4.5. 50-67 GHz

4.6. 0.26-5GHz

5. VECTOR NETWORK ANALYZER MARKET BY APPLICATION

5.1. Introduction

5.2. Medical

5.3. Automotive

5.4. Aerospace and defense

5.5. Electronic

5.6. Education

5.7. IT and Telecommunication

5.8. Others

6. VECTOR NETWORK ANALYZER MARKET BY GEOGRAPHY

6.1. Introduction

6.2. North America

6.2.1. USA

6.2.2. Canada

6.2.3. Mexico

6.3. South America

6.3.1. Brazil

6.3.2. Argentina

6.3.3. Others

6.4. Europe

6.4.1. Germany

6.4.2. France

6.4.3. United Kingdom

6.4.4. Others

6.5. Middle East and Africa

6.5.1. Saudi Arabia

6.5.2. UAE

6.5.3. Others

6.6. Asia Pacific

6.6.1. China

6.6.2. Japan

6.6.3. India

6.6.4. South Korea

6.6.5. Thailand

6.6.6. Taiwan

6.6.7. Indonesia

6.6.8. Others

7. COMPETITIVE ENVIRONMENT AND ANALYSIS

7.1. Major Players and Strategy Analysis

7.2. Market Share Analysis

7.3. Mergers, Acquisitions, Agreements, and Collaborations

7.4. Competitive Dashboard

8. COMPANY PROFILES

8.1. Keysight Technologies, Inc.

8.2. Rohde & Schwarz GmbH & Co. KG

8.3. Anritsu Corporation

8.4. National Instruments Corporation

8.5. Tektronix, Inc.

8.6. Copper Mountain Technologies, Inc.

8.7. Pico Technology Ltd.

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

Keysight Technologies, Inc.

Rohde & Schwarz GmbH & Co. KG

Anritsu Corporation

National Instruments Corporation

Tektronix, Inc.

Copper Mountain Technologies, Inc.

Pico Technology Ltd.

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