Global Frequency synthesizer Market to reach USD 2.73 Billion by 2027. Global Frequency synthesizer Market is valued approximately at USD 1.75 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.56% over the forecast period 2021-2027.
A frequency synthesizer makes use of procedures of frequency multiplication, direct digital synthesis, frequency division, segment-locked loops, and frequency fixing to generate frequencies. Balance and accuracy of frequency depend on the stability and accuracy of the reference frequency. Increased Use of Mobile Phones Across the Globe, rise used in applications of research and measurement, and military and aerospace applications. Also, RF Capable CIS and Chips Help in Widespread Adoption in Telecommunications Sector are the key driving factors of market which is anticipating the growth of market. Also, development in IT and telecom technologies is a factor which will anticipate the growth of market in forecasted period. For instance: increase in spending on technologies in military by governments will impact positively on market. In the US, military and defense spending estimated for 15% of federal spending, which is USD 732 billion in 2019 as compared to 647 USD billion in 2018. However, high-cost of frequency synthesizer which may impede market growth over the forecast period of 2021-2027.
Global Frequency synthesizer market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is a significant region across the world in terms of market share due to evolution and expansion of telecom technologies in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing use of mobile phones in the region.
Major market player included in this report are:
Texas Instruments Incorporated
Analog Devices Inc.
National Instruments Corporations
FEI-Elcom Tech Inc.
Qorvo Inc.
Ultra-Electronics
Sivers IMA AB (Sweden).
Micro Lambda Wireless, Inc.
Synergy Microwave Corporation
Mercury United Electronics Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Research and Measurement
Military and Aerospace
Telecommunications
By Types:
Analog
Digital
By Components:
Phase Detectors
Loop Filters
Oscillators
Mixers
Divider
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Frequency synthesizer Market Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors