Global Frequency Synthesizer Market: Overview
Frequency synthesizers are a type of electronic circuit commonly used for creating multiple frequencies based on an oscillator or a timebase that is single fixed. Most modern devices make use of some form of frequency synthesizers, as they are an inseparable part of technologies such as televisions, radio receivers, CB radios, mobile telephones, and short range transmitter-receiver systems. The common concepts that a frequency synthesizer makes use of are frequency mixing, direct digital synthesis, frequency division, and frequency multiplication.
The uses of frequency synthesizers in modern electronics can be found in the industry verticals of telecoms, measurement and research, and the defense and aerospace sectors. One of the primary requirements of a frequency synthesizer is to obtain a signal of high purity and stability from a standalone emitter while providing a low phase noise performance, a large output frequency range, and a high switching speed.
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Global Frequency Synthesizer Market: Key Trends
Several factors are currently responsible for the overall growth of the global frequency synthesizer market, the leading one among which is the increasing use of frequency synthesizers in mobile technology. The demand and usage of smart phones and mobile phones is increasing at a very high rate across the world. This large scale usage of cellular devices is creating the need use frequency synthesizers to generate purer signals. The demand volume in the global frequency synthesizer market is also likely to continue increasing over the coming years, thanks to the growing use of ICs that make use of radiofrequencies.
The global frequency synthesizer market is, however, being restrained by factors including the high cost of research-based frequency synthesizers.
Global Frequency Synthesizer Market: Market Potential
Current breakthroughs in the global frequency synthesizer market are largely associated with the incoming advancements in mobile networking technologies, or 5G technologies. While field testing and standardization of 5G technologies is being conducted at lightning fast rates, players in the global frequency synthesizer market are yet to identify worthy avenues of investment. Nokia, for instance, is claiming a massive potential in the upcoming waves of 5G technologies melded with the IoT boom. The use of advanced frequency synthesizers can be a perfect fit to puzzle that is the provision of everything-as-a-service. Nokia is eyeing the potential of using advanced networking technologies in the Asia Pacific region, which already has a large scale of users for mobile networking and cloud based technologies.
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Global Frequency Synthesizer Market: Regional Outlook
Geographically, the global frequency synthesizer market can be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The overall growth rate of the market is expected to continue being strongly influenced by the high rate of developments and implementation in North America. Europe is showing a similarly high rate of demand for frequency synthesizer equipment. Meanwhile, the MEA and Asia Pacific regions are likely to show a phenomenal rate of growth in demand within the global frequency synthesizer market over the coming years. Most key countries in these regions are showing a massive upswing in the advancements of telecom infrastructure, fueling the demand for the latest networking technologies.
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Global Frequency Synthesizer Market: Competitive Analysis
Currently, the leading players in the global frequency synthesizer market include Texas Instruments Inc., Ultra Electronics, National Instruments, Analog Devices Inc., and Qorvo, Inc. The overall competitive index in the global frequency synthesizer market is expected to remain high over the coming years, primarily due to the imminent arrival of 5G technologies. The growing implementation of high-speed data services over mobile devices will continue bringing in new waves of innovations and investments from players of all sizes in the market. Other factors prominent in the global frequency synthesizer market’s competitive landscape include mergers and acquisitions, business expansions, partnerships, product innovations and new product launches.