In 2023, the global digital phase shifters market is expected to be valued US$ 824.1 million. Over the forecast period, the market is expected to increase at a CAGR of 34%. The market is anticipated to be valued $15,419.6 million USD by 2033.
The rising need for digital phase shifters in telecommunications, aerospace and defence, weather forecasting, mobile, mobile broadband, Internet, satellite, and fixed broadband is likely to drive the global digital phase shifters market in the approaching years. Furthermore, continuing advancements in information technology are expected to boost market growth over the next decade.
In terms of market value share, North America now leads the rest of the world and is anticipated to do so for the foreseeable future. This long-term expansion can be linked to the commercialization of space exploration and the massive defense budget. This regional market will remain in the spotlight in the near future due to the substantial presence of US-based enterprises driving the market.
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According to the study, North America and Europe will continue to be the leading areas in the worldwide digital phase shifters market throughout the forecast period. The rising markets are likely to be Asia Pacific, the Middle East and Africa, and Latin America, as their enormous populations would put pressure on existing communications infrastructure, leading to an increase in demand for global digital phase shifters.
However, the research suggests that the entire digital phase shifters market may migrate away from the saturated markets of North America and Western Europe and toward less developed, rising economies such as MEA and SEAP.
Other key market segments include 4-Bits, 5-Bits, 6-Bits, 8-Bits, and others based on number of bits; and – 10.99GHz, 11 – 20.99GHz, and 21GHz and above based on the frequency range. While the market expects to witness highest growth of 8-bits segment in terms of the number of bits, 21GHz and above segment is projected to witness the highest CAGR value by frequency range.
Key Players
Some of the key players operating in the global digital phase shifters market include Analog Devices, Inc., Murata Manufacturing Co., Ltd., MACOM, Qorvo, Inc., Astra Microwave Products Limited, Planar Monolithics Industries, L3 Narda-MITEQ, Pulsar Microwave Corporation, Pasternack Enterprises, Inc., Mercury Systems, Inc., and SAGE Millimeter, Inc. Designing bespoke solutions targeted at specific needs of various applications in different end-use industries will be the key strategy among leading companies in the global marketplace.
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Key Segments of Digital Phase Transformer Industry SurveyBy number of bits:
- 4-bit digital phase shifter
- 5-bit digital phase shifter
- 6-bit digital phase shifter
- 8-bit digital phase shifter
- Other
By frequency range:
- 0.1 – 10 GHz Digital Phase Shifter
- 11 – 20.99 GHz Digital Phase Shifter
- 21GHz+ Digital Phase Shifter
By application:
- Digital Phase Shifter for Communications
- Digital Phase Shifter for Satellite Communications
- Digital Phase Shifter for Radar
By region:
- North American Digital Phase Shifter Market
- Latin America Digital Phase Shifter Market
- European Digital Phase Shifter Market
- East Asian Digital Phase Shifter Market
- South Asia and Pacific Digital Phase Shifter Market
- Middle East & Africa (MEA) Digital Phase Transformer Market
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