The global frequency synthesizer market generated revenue of USD 1.49 billion in 2020 and is expected to reach USD 1.98 billion by 2027, witnessing 4.45% CAGR during the forecast period. The surging requirement in telecommunication application, need to upgrade military and research equipment, mounting demand for smartphones and smart devices owing to technological development, and rising disposable income are the factors contributing to the growth of the global frequency synthesizer market.

The COVID-19 outbreak has led to disruption in the supply chain, temporary shutdown of manufacturing and production units. So, there is a need to change the working patterns which require expert guidance to combat the situation.

Request to get free sample copy at https://www.vynzresearch.com/semiconductor-electronics/frequency-synthesizer-market/request-sample

On the basis of type, the frequency synthesizer market is divided into digital and analog. Of both types, the analog segment dominates the market owing to its requirement as it provides strong signal clarity and less noise production capabilities in end-use industries such as telecommunication, military & defense, aerospace, etc.

Geographically, North America Is anticipated to be the largest-growing region in the global frequency synthesizer market owing to the presence of large number of industry players and manufacturers in the region. Moreover, huge investment in telecommunication, military & defense, aerospace, etc. will contribute to the growth of frequency synthesizers in the region.

The prominent players in the global frequency synthesizers industry: National Instruments, Qorvo, Inc., FEI-Elcom Tech Inc., Sivers IMA AB, Programmed Test Sources Inc., Ultra Electronics, Texas Instruments Inc., Analog Devices Inc., Synergy Microwave Corp., Mercury United Electronics Inc., and others.

Source: VynZ Research