Frequency Synthesizer Market

Overview:

The global market report containing details of the frequency synthesizer market predicted a possibility of scaling past USD 1,707 million by 2023 at 6% CAGR during the forecast period encompassing 2017 to 2023. Market Research Future (MRFR) claims that this market would benefit from the rising incorporation of latest technologies in end users like aerospace and telecommunication, hike in investment to promote research-related activities, better structural support, rising demand for mobile phones, inclusion of 5G technologies, and others. High-performance wireless communication in the aerospace and defense sector would ensure strong growth for the market.

Segmentation:

MRFR analysts have revealed that the market report on the frequency synthesizer market contains segments like component, type, and application. These segments have data to ease the undrstanding of the market flow and develop strategies.

By component, the global study on the frequency synthesizer market includes segments like phase detectors, loop filters, mixers, oscillators, and dividers.

By type, the frequency synthesizer market includes a study of segments like analog and digital. The digital segment is getting substantial traction for the inclusion of top-end models and better investment in the market to support research activities.

By application, the global report containing details of the frequency synthesizer market includes a study of segments like aerospace & military, telecommunication, research & measurement, and others. The aerospace & military segment is providing strong backing to the market as the defense budget is getting expanded in several countries.

Read more@ https://www.marketresearchfuture.com/reports/frequency-synthesizer-market-4097

Regional Analysis:

Technological support and high investment capacity are expected to bolster the North American frequency synthesizer market. The US will make sure that the market gains proper tailwind. In Asia Pacific, significant progress in various associated industries would boost the frequency synthesizer market.

Competitive Landscape:

Analog Devices Inc. (U.S.), Ultra Electronics (U.K.), Texas Instruments Inc. (U.S.), FEI-Elcom Tech Inc. (U.S.), Sivers IMA AB (Sweden), National Instruments (U.S.), Qorvo, Inc. (U.S.), Synergy Microwave Corp. (U.S.), Mercury United Electronics Inc. (U.S.), Programmed Test Sources Inc. (U.S.), and others promising names getting involved in the global frequency synthesizer market. MRFR listed changes made in the last few years by these companies to get a track of how the market performs and what trends are initiating changes. Merger, acquisition, innovation, branding, tie-up, are some common tactical measures that play crucial roles in providing a definite outline for the market.

Industry News:

In June 2020, Frequency Electronics, Inc. revealed that its wholly-owned subsidiary FEI-Elcom Tech, Inc. (Elcom), fetched a five-year contract with a valuation of $2.7M that furnishes a condition to exercising all options for the supply of advanced synthesizer sub-systems to a premier U.S defense prime contractor. The ultimate use would be for the government. It also declared that the additional order potential for these synthesizers is more than $2.5mn that covers spares and international sales opportunities. The synthesizers will include next-generation Electronic Warfare (EW) systems that are now getting installed on various US defense platforms. It also incorporates Elcom’s proprietary very low phase noise technology and fast switching that are applicable to next-generation EW and Electronic Intelligence (ELINT) systems.

The COVID-19 pandemic has transformed several industries. However, the frequency synthesizer market witnessed little effect on it. The product has a strong base in the aerospace industry, research sector, and telecommunications industry. All these end users were able to withstand the blow with minor scratches. In fact, the telecommunications industry witnessed a huge spur in the business, which directly changed the outcome of the market. 

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