According to a recent study report, the market for analogue phase shifters worldwide is predicted to increase rapidly over the next few years, particularly for telecommunication applications. Analog Phase Shifter Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027) is the title of this market research study from Future Market Insights. The industry trends driving the worldwide analogue phase shifter market are highlighted in the study along with the market’s present state. The analysis predicts that the global analogue phase shifter market will develop at a fantastic CAGR of 49.5% over the course of the forecast period, reaching a market value of over US$ 1,600 Mn by the end of 2027.
The introduction of 5G technology, which will utilise analogue phase shifters for beam shaping, is blamed for the market’s exponential expansion. The telecommunications industry was unremarkable and unresponsive until 2017, when it is anticipated to pick up speed and contribute most to the expansion of the worldwide analogue phase shifter market throughout the forecast period of 2017 to 2027.
The market for analogue phase shifters will experience a significant increase due to the pervasive and ubiquitous nature of communications infrastructure. In the global analogue phase shifter market, the telecommunications segment is likely to gain momentum in 2020 and reach a valuation of over US$ 60 Mn by the end of the year. The CAGR for the other two market segments, radars and satellites, is predicted to be 4.9% from 2017 to 2027. During the projection period, the telecommunications segment is anticipated to expand at a staggering CAGR of 59.2%.
Analog phase shifter market to grow with arial defence gaining importance among security forces
Rich economies like the United States and Saudi Arabia are probably going to spend a lot of money on their aerial defence systems as long as political unrest and civil war persist in the Middle East. The acquisition of air-to-surface missiles and the modernization of military aircraft are both on the rise. Even now, a lot of nations are adding drones to their arsenal. In light of the widespread usage of phased array antennas in missile defence systems and military aircraft, the growing emphasis on aerial defence will lead to a favourable demand for analogue phase shifters in the years to come.
Global Analog Phase Shifter Market: Competitive Landscape
This comprehensive research report includes a brief profile of the top players in the industry. Some of the leading companies mentioned in the report include Pulsar Microwave Corporation, Mini-Circuits, Qotana Technologies Co.,Ltd, SAGE Millimeter, Inc., Planar Monolithics Industries, L3 Narda-MITEQ etc.
Key Segments Covered
- North America
- Western Europe
- Eastern Europe
- Latin America