Frequency Synthesizer Market worth 1,446.3 Million USD by 2022
The overall frequency synthesizer market is expected to be worth at USD 1,446.3 Million by 2022 growing at a CAGR of 6.56% from 2017 and is expected to register a shipment of 1,457.0 thousand units by 2022.
[ClickPress, Fri Sep 15 2017] The report "Frequency Synthesizer Market by Type (Analog and Digital), Components (Phase Detectors, Loop Filters, Oscillators, and Mixers), Application (Telecommunications, Military & Aerospace, and Research & Measurement), and Geography - Global Forecast to 2022", the market in terms of value, is expected to be valued at USD 1,446.3 Million by 2022, growing at a CAGR of 6.56% between 2017 and 2022. In terms of volume, the market is expected to register a shipment of 1,457.0 thousand units by 2022.
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The telecommunications application constituted the largest share of the frequency synthesizer market in 2016 and is expected to grow at a considerable rate between 2017 and 2022. The dominance of telecommunications sector in the market is due to the widespread usage of various telecommunications technologies and the continuous evolution in the technologies deployed in the market. The upcoming 5G technology is expected to contribute significantly toward the growth in the market.
The analog frequency synthesizers are expected to hold the largest share and dominate the frequency synthesizer market between 2017 and 2022. The comparatively enhanced signal clarity than that of digital type synthesizers and better phase noise performance is expected to contribute toward more popular adoption of the analog frequency synthesizers in the market.
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