Market Overview

Frequency Synthesizer Market to Cross $1,236.9 Million Value by 2023: P&S Intelligence


NEW YORK, July 26, 2018 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, global frequency synthesizer market is expected to reach $1,236.9 million by 2023. The growth in the market can be attributed to the use of frequency synthesizer in mobile phones which are registering a healthy upward trend in adoption globally. Major players in the market are focusing on providing high switching speed, wide output frequency range and high signal clarity in these devices.

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On the basis of type, the frequency synthesizer market has been categorized into analog and digital. Analog frequency synthesizers held 74% of the global market in 2017. The higher demand for analog frequency synthesizers is attributed to its requirement of strong signal clarity and low noise production capability in industries like telecommunication, military and aerospace. The wide adoption of digital frequency synthesizers in cellular applications is expected give a boost to the digital frequency synthesizers market during the forecast period. Based on component, receivers accounted for the largest revenue share of over 17% in 2017. The growth rate for mixers is expected to be the highest during the forecast period owing to the untapped market for frequency synthesizers in RoW and APAC region, which is anticipated to offer huge growth potential. The market for mixer category is further expected to grow rapidly, due to the ever-increasing demand for higher bandwidths as well as faster transmission requirements.

Browse report overview with 113 tables and 98 figures spread through 130 pages and detailed TOC on "Frequency Synthesizer Market by Type (Analog, Digital), by Component (Phase detectors, Loop filters, Oscillators, Mixers, Dividers, Receivers, Tuners, Converters), by Application (Telecommunications, Military and Aerospace, Research and Measurement), by Geography (U.S., Canada, Germany, France, U.K., Russia, China, Japan, India, Saudi Arabia, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023"at:

APAC is expected to contribute the largest revenue share in frequency synthesizer market in 2023, owing to the fastest growing telecommunication industry in the countries of APAC region. Additionally, countries like India have started increasing in-home production of military equipment which is expected to further fuel the demand for digital synthesizers in the region. In APAC, China contributes to the largest demand for digital synthesizers while, India is expected to be the fastest growing market.

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According to a study, around 87% of the adults in the U.S. had access to smartphones in 2016, which represented an increase of 7% over the previous year. Besides, with the advent of connected devices, demand for wearables (such as glasses, fitness bands, and watches) and corresponding connected devices is rising, which, in turn, is fueling the demand for frequency synthesizers in the market.

Some of the key players operating in the market are National Instruments Corporation, Texas Instruments Incorporated, EM Research Inc., Analog Devices Inc., Qorvo Inc., Micro Lambda Wireless Inc., Sivers IMA Holding AB, MERCURY Electronic Ind Co. Ltd, Ultra Electronics Holdings plc, Programmed Test Sources Inc., Cobham plc and FEI-Elcom Tech Inc.

Among the major players, Texas Instruments Incorporated (TI) stands at the top of heap in global frequency synthesizer market with Ultra Electronics Holdings plc at the second place.

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