A frequency synthesizer can be defined as an electronic circuit used for generating frequencies from a single fixed time base or oscillator. The device works by obtaining a base frequency from a crystal (master) oscillator, thereby achieving a desired frequency through the division, multiplication, addition, and subtraction of the base frequencies. It was with the introduction of radio frequency (RF) capable integrated circuits (ICs) that frequency synthesizer technology, using phase locked loops, became feasible and with their advantages, use of frequency synthesizers became widespread. These telecommunication devices are used for various applications in consumer electronics, defence and research, aerospace, security and cyberspace, and transportation sectors. The frequency synthesizer market thus forms a part of wide variety of industries that emphasize the nature of its ever-increasing market demand.
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Digital tuning circuits are replacing their analog versions being used in electronic devices such as television, AM/FM radios and cellular devices. A frequency synthesizer enables flexible operation of high performance oscillators. As a consequence of its widespread application in telecommunication devices, a major surge in demand for frequency synthesizers in anticipated in the coming years.
The scheduled transition from analog TV broadcasts to digital TV has also heightened the demand for frequency-synthesizers specifically designed for use in terrestrial digital broadcasting.
Analog type frequency synthesizers are expected to continue being the largest revenue generators, in the global frequency synthesizers market, owing to their ability to generate clean and stable output signals with extremely fast switching speed. The cost and performance level of frequency synthesizers have a direct impact on the prices and the functionality of the product in which it will be used. This is also reflected in the ongoing research and development process to improve the performance, decrease the cost and achieve frequency synthesizer implementations that are optimally tailored for each intended application.
The surge in smartphone sales, globally, is in turn propelling the demand for frequency synthesizers that are one of the components used in signal receivers in smartphone devices. Additionally, telecommunication carriers will need to upgrade their core connectivity infrastructure owing to the upcoming transition from the existing mobile networks to 5G technology. Moreover, use of small cells, along with measures such as network densification, installation of more fibre infrastructure, and improvement in spectrum efficiency will also drive the global frequency synthesizers market. RFID readers also make use of frequency synthesizers as one of the components. Augmented use of RFID readers in data collection applications at shops, is expected to further accelerate the growth in the market for frequency synthesizers.
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With evolution in technology, need to replace the existing systems has risen. U.S. Telecom operator AT&T Inc. has planned to provide standards based mobile 5G services to consumers from late 2018, marking a revolution in the field of communications and technology. This consequently would fuel the demand for frequency synthesizers in North America. With the establishment of 5G networks in North America, the other countries are likely to adopt the technological transition in the coming years, which would in turn provide a boost to the frequency synthesizer market.
The key players operating in the frequency synthesizer market comprise major electronics components manufacturers such as Ultra Electronics, Texas Instruments Inc., Analog Devices Inc., National Instruments, Qorvo Inc., FEI-Elcom Tech Inc., EM Research Inc., Programmed Test Sources Inc., Synergy Microwave Corporation, Micro Lambda Wireless Inc., Pasternack Enterprises, Inc. and Sivers IMA AB.
FREQUENCY SYNTHESIZER MARKET SEGMENTATION
- Phase Detectors
- Loop Filters
- Military & Aerospace
- Research & Measurement
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