[149 Pages Report] The overall frequency
synthesizer market is expected to be worth at USD 1,446.3 Million by 2022
growing at a CAGR of 6.56% from 2017 and is expected to register a shipment of
1,457.0 thousand units by 2022.
The demand for
frequency synthesizers is expected to increase due to their requirement in the
telecommunications application, which is constantly evolving and expanding to
serve a wider range of consumers. The need to upgrade the military and research
equipment is driving the market growth.
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Key Target Audience:
- Frequency synthesizer manufacturers
- Telecommunication system integrators
- Military research departments
- Telecommunications governing bodies
- Educational institutes
- Distributers
- Investors
- Research organizations
- Organizations, alliances, and associations related to telecommunication industry
The frequency synthesizers have applications
across a number of industry verticals such as telecommunications, research and
measurement, and military and aerospace. The frequency synthesizers are used to
generate a variable frequency output from a standalone device. The key features
of the device are signal purity and stability, low phase noise performance,
high switching speed, and output frequency range. The growth in the use of
mobile phones in the telecommunications sector and the RF capable ICs and chips
are major factors influencing growth in this market.
This report segments the frequency
synthesizer market on the basis of application, type, and geography. The
telecommunications application is expected to hold the largest share of the
market while demonstrating the highest rate during the forecast period. The
expected dominance of the telecommunications sector is due to widespread usage
of telecommunications networks and constant technological advancements in the
sector.
The analog type of frequency synthesizer
accounted for the largest share of the market based on type in 2016. The market
for digital frequency synthesizers is expected to grow at the highest rate
during the forecast period. The high growth is expected on account of
comparative ease of integration of the digital frequency synthesizers in
various applications.
With the estimated largest share, North
America is expected to dominate the frequency synthesizer market between 2017
and 2020; whereas, RoW, consisting of the Middle East and Africa, and South America,
is expected to grow at the highest rate. The evolution and expansion of the
telecommunications sector are expected to be the major factors fueling the
growth of the market.
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A major deterrent for the growth of market is
the comparatively high cost of synthesizer modules utilized in the research
sector. The upcoming 5G technology is expected to boost the market growth
considerably during the forecast period. The major vendors in the frequency
synthesizer market are Ultra Electronics (U.K.), Texas Instruments Inc. (U.S.),
Analog Devices Inc. (U.S.), National Instruments (U.S.), and Qorvo, Inc.
(U.S.), among others. These players adopted various strategies such as new
product launches and developments, partnerships, collaborations, business
expansions, and mergers to cater to the need for frequency synthesizers.
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Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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