Frequency Synthesizer Market, By Component (Phase Detector, Oscillators, Divider, Loop Filter), By Type (Analog, Digital), By Application (Telecommunication, Military and Aerospace, Research and Measurement) – Forecast 2023
The emerging trend in frequency synthesizer market is increasing usage of frequency synthesizer in mobile phone. Texas Instrument is one of the major player in frequency synthesizer market that has manufactured a range of frequency synthesizer product such as LMX2541 which is an ultra-low noise frequency synthesizer. Qorvo Inc. is one of the prominent player in FS market and has manufactured a wide range of frequency synthesizer and mixers. The device comprises of fractional N-synthesizer, voltage controlled oscillator and one or more high linearity mixers.
North America region is expected to dominate frequency synthesizer market and accounts for highest market share owing to major market players from the region. The region has made huge investment in military and aerospace, telecommunication and research which is contributing towards the growth of the market. Asia-Pacific region is the fastest growing in the frequency synthesizer market owing to upcoming 5G technologies in telecommunication industry and the emergence of many small and medium size enterprises from the region.
Frequency synthesizer has wide application in aerospace industry for generating numerous frequency that is required to communicate in space. It is used in mobile phones to produce different frequency range as per the location and enable users to communicate at remote location. Frequency synthesizer is used in military application for high-performance wireless communication. It is also used in equipment that requires high frequency changes. It has wide application in measuring equipment, defense and microwave backhaul. Frequency synthesizer is used in microwave communication equipment in which signal integrity plays a major part and depends on it for high frequency stability and accuracy.
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Frequency Synthesizer Market Segmentation
The frequency synthesizer market has been segmented on the basis of components, type and application. By components is consists of phase detectors, loop filters, oscillators, mixers and dividers. Oscillators is most commonly used in electronic communication system to reduce the incoming radio frequency to lower the frequency in different modulation that includes amplitude modulation and frequency modulation.
The prominent players in the frequency synthesizer market are-
- Ultra Electronics (U.K.)
- Texas Instruments Inc. (U.S.)
- Analog Devices Inc. (U.S.)
- National Instruments (U.S.)
- Qorvo, Inc. (U.S.)
- FEI-Elcom Tech Inc. (U.S.)
- Sivers IMA AB (Sweden)
- Programmed Test Sources Inc. (U.S.)
- Synergy Microwave Corp. (U.S.)
- Mercury United Electronics Inc. (U.S.)
Market Research Analysis:
Regional analysis for frequency synthesizer market is studied in different geographic regions such as North America, Europe, Asia-Pacific and Rest of World. North America region is mainly dominating the market due to advanced technological implementation in security system. European region is also gaining growth owing to increase demand of citizens and investment by government in frequency synthesizer market. Europe region is facing frequent terror attacks that enable government and security agencies to implement advanced and powerful security equipments to combat foreign attacks. The protection of citizen in the region and across the border has risen the need for strong security surveillance gadgets. Asia-Pacific region is the prominent player in the frequency synthesizer market owing to advanced infrastructure development from countries such as China and India is boosting the market growth. Increasing urbanization, business expansion across and industrial developments is driving the growth of frequency synthesizer in the region.
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The regional wise segmentation of frequency synthesizer market consists of North America, Europe, Asia-Pacific and Rest of the World. North America is one of the most competitive markets across the globe with various regional players and a few large international players in frequency synthesizer market. Europe is one of the prominent player in frequency synthesizer camera market owing to increase implementation of it defense equipment’s to combat attacks. Also, emerging economies from countries such as Germany, UK, France, Russia, Italy, Benelux and Spain is driving frequency synthesizer market. Moreover, Asia-Pacific is also expected to have potential growth in the forecast period due to increasing investment of major players in frequency synthesizer market.
The Frequency Synthesizer market is expected to grow at approximately USD 1,707 Million by 2023, at 6% of CAGR between 2017 and 2023.
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Frequency synthesizer can be defined as a device that is used for generation of different hertz of frequency from a single reference frequency. The factors driving the frequency synthesizer market includes owing to its increase application in numerous industries such as aerospace and defense, telecommunication industry and research and measurement. By application telecommunication industry is expected to account for high market share owing to its growing usage in communication systems. By type analog frequency synthesizer holds for market share mainly due to its strong signal clarity and low noise production is boosting the market. The frequency synthesizer market is expected to grow at approximately USD 1,707 Million by 2023, at 6% of CAGR between 2017 and 2023.
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