Industry Outlook On Global Frequency Synthesizer Market by Knowledge Sourcing Intelligence


Consumer Electronics Lead to the Growth of Frequency Synthesizers Market

A frequency synthesizer generates multiple frequencies from a single frequency range. It is used in many modern devices such as radio receivers, televisions, mobiles, GPS systems, etc. The frequency synthesizer market is projected to witness a compound annual growth rate of 5.59% during the forecast period to reach a total market size of US$1.754 billion by 2023, increasing from US$1.266 billion in 2017. Growing sales of smartphones are one of the major drivers of the frequency synthesizer market. Increasing the adoption of frequency synthesizers in smartphones is expected to propel the growth of the global frequency synthesizer market. 


Increasing innovation in telecommunication technologies further bolsters the demand for frequency synthesizers, thereby positively impacting its market growth. However, the high cost of synthesizers will act as a constraint in the growth of the market.  APAC will witness the fastest regional market growth owing to the booming consumer electronics industry in emerging economies such as China and India. The market research conducted by Knowledge Sourcing Intelligence shows that the key players in the industry include Texas Instrument Incorporation, Analog Devices, Inc., National Instruments, FEI-Elcom Tech Inc., Qorvo Inc., and Ultra Electronics.

Market Segmentation
The frequency synthesizers market has been classified based on component, type, application, and geography. By component, the market is segmented as Loop Filter, Phase Detector, Oscillator, and Mixer. The oscillator component accounts for a significant share in the market because it produces a repeated and predictable frequency response.
Sample view of global frequency synthesizer market share

By type, the market is segmented as Direct Analog Synthesizer, Direct Digital Synthesizer, and Indirect Digital Synthesizer. The frequency synthesizers market analysis shows that the direct analog synthesizer-type will hold the highest market share on account of its widespread use in consumer electronics in comparison to others. This type is expected to grow at the highest CAGR for the forecasted period.
By application, the market is segmented as Military & Aerospace, Telecommunication, and Others. The telecommunications application will have the highest frequency synthesizer market share in the forecasted period. This is due to the benefit of generating multiple frequencies from a single frequency which helps in communication by purifying the signal and providing stability, high switching speed, and high-frequency range. The military & aerospace also holds a significant share due to the increasing investment in military and defense by the various countries for security.

By geography, the market is segmented as North America, South America, The Middle East, and Africa, Europe, and Asia Pacific. The North America region holds the largest share in the market owing to the presence of key players and technological advancements. However, the Asia Pacific region is growing fast due to the growing demand for consumer electronics and another internet of things which will eventually increase the frequency synthesizer market size. The rapid industrialization and increasing investment in defense will also support the demand due to the use of appliances in it which are aligned to frequency synthesizers.

Key questions answered in the report:
  • What has been the performance of Frequency Synthesizers Market and how it will perform in the future?
  • What are the key players in the target market study?
  • What are the various segments on which the market research is conducted?
  • What are the driving factors that are leading to the growth of the market?
  • What are the recent developments happening in the industry?


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