Request FREE sample PDF
Pharmacy benefit management market
SAR Measurement Systems Market Report Overview
The global SAR measurement systems market size was USD 43 million in 2022 and is expected to reach USD 50.64 million in 2031, exhibiting a CAGR of 1.8% during the forecast period.
Any wireless equipment on the market today, including mobile phones, tablets, laptops, and others, must undergo the SAR (specific absorption rate) test. In light of this, SAR must be taken into account throughout the whole product life cycle, including R&D, manufacture, product certification, sales, and after-sales. The hand influence on SAR performances is anticipated to be incorporated into international standards that offer SAR evaluation techniques. This suggests that in every certification and testing situation, more and more SAR measurements will be necessary. Modern technologies, such as 4G, Wi-Fi, Bluetooth, and other ones, have an expanding variety of services and frequency bands, which leads in an additional growth in SAR monitoring systems on each device.
The growing number of product launch strategies for consumer electronics items like smartphones, laptops, and others is what is driving the market for SAR measurement systems. Regarding the acceptable SAF levels for devices, regulatory agencies all around the world have different rules and standards. Electronics producers have to make sure that their products adhere to the standards accepted in many nations, therefore they have turned to testing facilities for assistance. As a result, the market has been influenced by the various electrical device legislation in different countries.
COVID-19 Impact: Raw Material Prices were Rising during the Lockdown Making it Difficult to Make a Variety of Goods
The global COVID-19 pandemic has been unprecedented and staggering, with SAR measurement systems experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Strict lockdowns affected the SAR systems sector as the logistics sector remained sluggish and the procurement procedure became more difficult. The lockdown not just made it difficult for products to move around, but it also made it difficult to make a variety of goods because the price of raw materials continued going up. The SAR measurement systems market is anticipated to significantly grow and recover from the COVID-19 issue as lockdown limitations continue to be removed.
Latest Trends
"New Advanced Software Developed Enables Accurate Real-Time Measurement of SAR in Accordance with International Standards"
The players of this market are extensively involved in R&D activities to expand their market share. For instance, Wireless device SAR measurement systems are powered by SARLAB, a specialized piece of advanced ART-MAN software. Based on patented D-PHASE technology, SARLAB enables accurate real-time measurement of the specific absorption rate (SAR) in accordance with international standards. For the first time ever, it incorporates the most latest and cutting-edge measurement technique, enabling SAR measurement under actual use conditions (multiple RF emission). Through an easy UI, SAR measurement data are easily accessible. The layout of this user-friendly programme revolves upon four key classes: native features, automation features, quality features, and advanced features.
SAR Measurement Systems Market Segmentation
According to type, the market can be segmented into Traditional SAR Measurement System and Fast SAR Measurement System
In terms of product, Traditional SAR Measurement System holds the largest segment.
- By Application Analysis
Based on application, the market can be divided into Test Labs, Wireless Companies and Others
In terms of application, Test Labs holds the largest segment.
Driving Factors
"Utilization in the Medical Devices Industry will have a Positive Impact on the SAR Systems "
The adoption of portable medical devices, such as wearables, implants, and diagnostic tools, has expanded recently as a result of developments in the medical device sector. The regulatory organizations closely examine each of these devices. During the projected period, the SAF measuring systems market is anticipated to benefit from the expanding technological improvements required to introduce such cutting-edge medical devices. Manufacturers of medical devices are increasingly outsourcing their testing needs to comply with regulatory regulations. The demand for medical device SAF systems is anticipated to increase as a result of the expanding practice of outsourcing safety testing.
"Demand by Manufacturers to Check their Product before Launches will Act as a Navigator of the Market"
It's also anticipated that increasing use of 4G and 5G enabled gadgets would support market expansion. To guarantee they can make the required modifications before the product is launched, the makers must measure their gadgets at various stages. As a result, it is anticipated that the demand for measuring services would rise during the projected period due to the increasing number of smaller firms who choose to employ in-house measurement equipment rather than make large capital investments. Additionally, the automobile sector is launching a number of innovations to enhance safety features and location-tracking gadgets, which are also anticipated to positively affect the market.
Restraining Factors
"Health Issues Related to Higher SAR Values Could Potentially Hinder the Market Expansion"
The potential harm to the user of a SAR value that is higher than what is acceptable is the reason influencing the SAR measurement systems market growth. Increased use of gadgets with higher SAR values can negatively impact a person's health over time. Low sperm count may be one of the ailments that are affected, and in certain situations, talking on the phone while holding it up to one's ear may even cause cellular damage. All of these issues might partly impede the market's expansion.
SAR Measurement Systems Market Regional Insights
"Europe to Hold the Lead Position due to the Presence of Wireless Device Companies and Increased Investments in R&D"
The SAR measuring system market's major export volume and producers are from Europe. The region would dominate the SAR measurement systems market share in Europe due to the presence of wireless device firms and increased expenditure in technology-based R&D. In addition, the region's sustained superiority has been attributed to the tight safety rules.
According to the revenue produced, the North American region is anticipated to come in second place to Europe. Over the past few decades, the area has been the center of electronics device invention. Another reason for the region's continued dominance is the strict safety regulations in the area. Manufacturers of medical devices in the area have been heavily funding local research and product development.
Key Industry Players
"Firms are Spreading their Activities and Considering Commercial Possibilities in New Locations to Expand their Businesses "
Technology advancement, R&D, acquisitions and mergers, new competitors forging their paths, and much more are characteristics of the SAR measuring systems market. Leading businesses are putting profitable plans into action to boost output and expand their core industries. The organized market has been growing quickly as a result of enterprises spreading their activities and taking into consideration the commercial possibilities in new locations. Large supermarkets, hypermarkets, and other retail chains are gradually displaying the majority of the unorganized stores. During the forecast period, it is anticipated that this will develop significantly contributing to market growth.
LIST OF TOP SAR MEASUREMENT SYSTEMS COMPANIES
- SPEAG (Switzerland)
- Microwave Vision Group (France)
- ART-Fi (France)
- IndexSAR (U.K.)
- TDK RF Solutions Inc. (U.S.)
Report Coverage
This report covers the SAR measurement systems market. The CAGR expected to be in during the forecast period, and also the USD value in 2022 and what it is expected to be in 2028. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 43 Million in 2022 |
Market Size Value By |
US$ 50.64 Million by 2031 |
Growth Rate |
CAGR of 1.8% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
-
What value is the global SAR measurement systems expected to touch by 2031?
The global SAR measurement systems market is expected to touch USD 50.64 million by 2031.
-
What CAGR are the SAR measurement systems expected to exhibit during 2024-2031?
The SAR measurement systems market is expected to exhibit a CAGR of 1.8% over 2024-2031.
-
Which are the driving factors of the SAR measurement systems market?
Utilization in the medical devices industry will have a positive impact on the SAR systems and demand by manufacturers to check their product before launches will act as a navigator of the market are the driving factors of the SAR measurement systems market.
-
Which are the top companies operating in the SAR measurement systems market?
SPEAG, Microwave Vision Group, ART-Fi, IndexSAR and TDK RF Solutions Inc are the top companies operating in the SAR measurement systems market.