[ad_2]
DUBLIN, June 4, 2021 /PRNewswire/ — The “Frequency Synthesizer Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The frequency synthesizer market is expected to grow at a compound annual growth rate of 4.34% over the analyzed period to reach a market size of US$1.900 billion in 2026 from US$1.411 billion in 2019.
A frequency synthesizer is an electric circuit device that generates a range of frequencies. A single reference frequency is used to generate the range of frequencies. Frequency synthesizers are employed by several modern electric devices such as televisions, radio receivers, smart phones, converter boxes, satellite receivers, and others. A frequency synthesizer uses methods of frequency multiplication, direct digital synthesis, frequency division, phase-locked loops, and frequency fixing to generate frequencies. Stability and accuracy of frequency depend upon the stability and accuracy of the reference frequency. The prime factor boosting the market demand during the forecasted period is the surging demand for smartphones and smart devices owing to technological innovation and increasing disposable income.
Smartphones and smart devices have a considerable market share of the frequency synthesizer industry.
Based on application, the market for frequency synthesizers is segmented into military and aerospace, telecommunication, and others. the telecommunication sector of the market is anticipated to show robust growth during the forecasted period. The prime reason being skyrocketing consumer electronics sector owing to the surge in disposable income around the globe.
It is estimated that more than 4 out of every 10 people is an owner of smartphone. Further, the surge in demand for smart TV and smart watches for a better standard of living significantly supports the market.
The military and aerospace segment of the market will dominate the market during the forecasted period owing to increasing expenditure on military and aerospace for better safety and protection. In the military, frequency synthesizers are used to connect to other bases for security and backup provisions. This helps in countering the enemy attack and secure the area. Military expenditures by governments around the world have been increasing with surging cases and threats of terrorist attacks.
The aerospace industry uses frequency synthesizers for better communication between the airline and the base airport, facilitating safer takeoff, landing, and journey.
Direct and Indirect digital synthesizers are predicted to hold noteworthy market share during the forecasted period.
Based on type, the frequency synthesizer market is segmented into direct analog synthesizers, direct digital synthesizers, and indirect digital synthesizers. The direct analog synthesizer will have a noteworthy market share during the forecasted period. However, direct and indirect digital synthesizers will grow at an exponential rate and will dominate the market by the end of the study period. Direct digital synthesizers are more technologically advanced and modern than direct analog synthesizers. Direct digital synthesizers are widely used in local oscillators, single generators, mixers, function generators, modulators, sound synthesizers, and phase-locked loops. The indirect digital synthesizers, on the other hand, are majorly used in communic ation systems. The booming telecommunication sector has huge market growth potential for indirect digital synthesizers.
For more information about this report visit https://www.researchandmarkets.com/r/4d85cu
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
[ad_2]
[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…
[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…
[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…
In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…
[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…
[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…