Vector Network Analyzer (VNA) Market

By Product Type;

Benchtop VNA, Portable VNA and USB VNA

By Frequency Range;

Up to 6 GHz, 6–18 GHz, 18–40 GHz and Above 40 GHz

By Application;

Telecommunications, Automotive, Aerospace & Defense, Electronics Manufacturing and Others

By End User;

Research & Development, Manufacturing, Quality Assurance and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn144785672 Published Date: September, 2025 Updated Date: October, 2025

Introduction

Global Vector Network Analyzer Market (USD Million), 2021 - 2031

In the year 2024, the Global Vector Network Analyzer Market was valued at USD 589.33 million. The size of this market is expected to increase to USD 802.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.


Vector Network Analyzer (VNA) Market

*Market size in USD million

CAGR 4.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.5 %
Market Size (2024)USD 589.33 Million
Market Size (2031)USD 802.00 Million
Market ConcentrationHigh
Report Pages371
589.33
2024
802.00
2031

Major Players

  • Keysight Technologies
  • Rohde & Schwarz
  • Anritsu
  • Advantest
  • The 41st Institute of CETC
  • Transcom Instruments
  • Copper Mountain Technologies

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Vector Network Analyzer (VNA) Market

Fragmented - Highly competitive market without dominant players


The Global Vector Network Analyzer (VNA) Market is poised for significant growth in the coming years, driven by technological advancements and increasing demand across various sectors. VNAs are critical instruments used for measuring the network parameters of electrical networks. They are essential in the design, testing, and validation of RF and microwave components, systems, and circuits. As industries continue to evolve with the integration of advanced technologies, the importance of precise and reliable network analysis becomes paramount.

One of the primary drivers for the VNA market is the rapid adoption of the Internet of Things (IoT). As IoT devices proliferate, there is a growing need for VNAs to ensure that these devices can communicate effectively and reliably. Moreover, the advancement of wireless technologies, including the rollout of 5G, necessitates robust testing and measurement solutions to ensure optimal performance. This is further bolstered by increased investment in research and development, particularly in the telecommunications sector.

Additionally, the defense industry relies heavily on VNAs for various applications, including radar and communication systems. The demand for high-frequency, high-precision measurement tools is crucial in this sector. Industrial automation and the semiconductor industry also contribute significantly to the market's growth, as these sectors require detailed analysis and testing of complex circuits and components.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Frequency Range
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Vector Network Analyzer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing IoT adoption
        2. Wireless technology advancement
        3. Increasing R&D investment
        4. Expanding telecommunications sector
        5. Rise in 5G
      2. Restraints
        1. Skilled labor shortage
        2. Technological complexity barriers
        3. Economic uncertainty impact
        4. Regulatory compliance challenges
        5. Market competition intensity
      3. Opportunities
        1. Emerging market expansion
        2. Innovations in IoT
        3. Advanced material integration
        4. Increased automation demand
        5. New wireless standards
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Vector Network Analyzer (VNA) Market, By Product Type, 2021 - 2031 (USD Million)
      1. Benchtop VNA
      2. Portable VNA
      3. USB VNA
    2. Vector Network Analyzer (VNA) Market, By Frequency Range, 2021 - 2031 (USD Million)
      1. Up to 6 GHz
      2. 6–18 GHz
      3. 18–40 GHz
      4. Above 40 GHz
    3. Vector Network Analyzer (VNA) Market, By Application, 2021 - 2031 (USD Million)
      1. Telecommunications
      2. Automotive
      3. Aerospace & Defense
      4. Electronics Manufacturing
      5. Others
    4. Vector Network Analyzer (VNA) Market, By End User, 2021 - 2031 (USD Million)
      1. Research & Development
      2. Manufacturing
      3. Quality Assurance
      4. Others
    5. Vector Network Analyzer Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa

        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Keysight Technologies
      2. Rohde & Schwarz
      3. Anritsu
      4. Advantest
      5. Transcom Instruments
      6. Tektronix
      7. National Instruments
      8. Copper Mountain Technologies
      9. OMICRON Lab
      10. AWT Global
      11. GS Instrument
      12. Chengdu Tianda Instrument
      13. Nanjing PNA Instruments
      14. The 41st Institute of CETC
      15. Teledyne LeCroy
  7. Analyst Views
  8. Future Outlook of the Market