Frequency Synthesizer Market Comprehensive Plans, Competitive Landscape and Trends by Forecast 2027 | Impact of COVID-19

In addition, the global Frequency Synthesizer Market is expected to rise at a CAGR of 6%, with a value of USD 1,707 million over the estimated forecasting year of 2020-2023.

Frequency synthesizers are electronic circuits that use multiple frequency multiplication techniques, frequency division, direct digital synthesis, frequency mixing, and phase-locked loops to generate frequencies. It creates multiple frequencies based on real-time data. Numerous electronic devices use frequency synthesizer technologies such as televisions, radio receivers, CB radios, mobile telephones, and short-range transmitter-receiver systems.

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The frequency synthesizer market size is expected to witness significant growth during the forecast period, increasing demand for advanced electronics across various industry verticals. Moreover, some of the major factors that drive the growth of the global frequency synthesizer market include an increase in the use of frequency synthesizers in mobile technology. The demand and usage of smartphones and mobile phones are increasing at a very high rate worldwide. The high usage of cellular devices is generating the need for frequency synthesizers to generate clearer signals. Moreover, the growth in demand for ICs that use radio frequencies also boosts the growth of the global frequency synthesizer market. In addition, upcoming advancements in mobile networking technologies such as the 5G network also boost market growth, as many players are investing in the market to expand their market reach. Thus, all these factors are expected to create opportunities for market growth.

Report of the Market Segmentation:

The market has been segmented into application, type, components, and regional basis. The market has been divided into three sections: military and aerospace, research and measurement, and telecommunications with the application sections. The market has been divided into analog and digital, with the type section. The components section is divided into five parts: loop filters, mixers, oscillators, dividers, and phase detectors. According to the regional basis, the frequency synthesizer market is classified into five sections: Asia-Pacific, Europe, North America, South America, and Middle East & Africa.

Analysis report of the regional sectors:

The Asia-Pacific region is expected to witness significant growth in the frequency synthesizer market. The increase is due to the surging demand for signal generators, especially in nations, like China, India, and South Korea. The growing LTE adoption in Asia-Pacific is also driving the market’s growth. Ericsson estimated that Asia-Pacific would account for approximately 3 billion LTE subscriptions in 2020, increasing from 300 million LTE subscriptions in 2019. There is a rising demand for signal generators among automotive and electronics manufacturers, helping the market grow across the region.

In October 2021, China Mobile selected the R&S SMM100A vector signal generator from Rohde & Schwarz to validate its 5G technology. The new signal source generates 5G signals in research applications to verify current and future 5G technologies. The project continues the long-term cooperation between China Mobile and Rohde & Schwarz China. China Mobile has equipped its research lab with the R&S SMM100A vector signal generator for 5G test projects.

In January 2021, Rohde & Schwarz introduced the R&S SMM100A, the only vector signal generator with mm-Wave testing capabilities in its class. The instrument meets the rigorous expectations for generating digital signals for the most advanced wireless communication devices entering production and developing future products and technologies. The new R&S SMM100A vector signal generator meets this need, displaying excellent RF characteristics across the entire frequency range from 100 MHz to 44 GHz. It covers all the bands used by any wireless standards, including LTE and 5G NR, and the latest WLAN standards, Wi-Fi 6, and Wi-Fi 6E.

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The frequency synthesizer market is quite fragmented as many companies occupy a significant share in the market. Increased research and development efforts, new technologies, and increased adoption of signal generators provide lucrative opportunities in the spectrum analyzer market.

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