A frequency synthesizer is defined as a device that is used for generating various frequencies from a single reference frequency.The frequency synthesizer market is predicted to grow up to approximately USD 1,707 million by 2023, at 6% CAGR between 2017 and 2023.
Regional Analysis
North America region is one of the most competitive regional markets across the globe and accounts for the highest market share owing to the presence of key market players of the global frequency synthesizer market and is likely to dominate the market over the forecast period. North America is mainly dominating the market due to advanced technological implementation in security systems, which raises the demand for frequency synthesizers. The region has made a massive investment in military, aerospace, telecommunication, and research, which contributes to the need for frequency synthesizers, subsequently adding to the growth of [FURL=https://www.marketresearchfuture.com/reports/frequency-synthesizer-market-4097]Frequency Synthesizers Market Size[/FURL].
Europe is an essential region in the frequency synthesizer market owing to the increase in the usage of defense apparatus which requires frequency synthesizers. Investment by the governments of numerous European countries in defense strategies adds to the frequency synthesizer market. Europe is also growing due to the rise in demand for commercial gadgets by citizens. Europe has faced frequent terror attacks in the past few years, which has made the governments and security agencies implement advanced and powerful security equipment to defend foreign attacks, subsequently leading to significant growth in the market.
Key Players
The leading players in the frequency synthesizer market are Analog Devices Inc. (U.S.), FEI-Elcom Tech Inc. (U.S.),National Instruments (U.S.), Programmed Test Sources Inc. (U.S.), Synergy Microwave Corp. (U.S.), Texas Instruments Inc. (U.S.), Qorvo, Inc. (U.S.), Mercury United Electronics Inc. (U.S.), Ultra Electronics (U.K.), and Sivers IMA AB (Sweden), among others
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