San Francisco, California, February 09, 2018: The global market for frequency synthesizers has seen an eruptive demand in recent times due to the growth of the electronics sector. Frequency synthesizers are essentially a category of electronic circuits that help in creating multiple frequencies with a single-fixed oscillator. All contemporary electronic devices use frequency synthesizers to some extent; these synthesizers make use of direct digital synthesis, frequency multiplication, frequency mixing, and frequency division. A report by TMR titled “Frequency Synthesizer Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” gives an overview of the market within the given timeframe. The report is in sync with the latest trends within the frequency synthesizers market. A pragmatic methodology was devised to gauge the progress of the market over the coming years. The frequency synthesizers hold utility for several domains including research and measurement, aerospace, telecom, and defense. These synthesizers provide a large output frequency range, low phase noise performance, and a high switching speed.
Mobile technology has been making rampant strides of development in recent times. Hence, the heavy employability of frequency synthesizers in mobile technologies ensures that the market grows alongside the growth of the latter. The frequency synthesizers generate pure and stable signals that hold integral importance for cellular devices. CB radios, televisions, short range transmitters and receivers, and radio receivers also use these synthesizers, thus, creating demand within the market.
The market is expected to elevate to a greater value in the coming years, yet there are certain factors that restrain the growth of the market. The high costs of frequency synthesizers pose the most daunting threat to the market. It is important to regulate the prices of these products in order to retain a substantial demand within the market. As a positive sign for the market, efforts to leverage 5G technologies have surfaced across the globe. If the market players can spot the growth spaces in the cotemporary scenario, they can hugely benefit from the market. Furthermore, Internet of Things (IoT) is also expected to play an instrumental role in enhancing thr prospects of market growth. Nokia has already expressed its willingness to exploit the blend of 5G technologies and IoT in order to benefit itself.
On a regional scale, the global market for frequency synthesizer could be segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. North America is expected to register a high growth rate over the coming years on account of the rapid developments in technology across North America. Europe will also tread along an affluent growth path due to the governmental efforts to strengthen technology. The telecom infrastructure in the Middle East and Africa and Asia Pacific has seen tremendous progress in recent times. This will add up to the growth of the market in these regions. Overall, the geographical landscape shows a bright picture with all the regions at the brink of development.
The leading market players within the global frequency synthesizer market include National Instruments, Ultra Electronics, Qorvo, Inc, Texas Instruments Inc., and Analog Devices Inc. The arrival of 5G technologies is expected to take the competitive scenario to new levels. The need for high-speed data is expected to compel market players to invent novel methods and technologies. Other strategies expected to be adopted by market players include mergers, acquisitions, and partnerships.
Get Sample Copy of this Report