According to a new market research report published by Credence Research “Global Analog Phase Shifter Market (Application (Radar, Satellite, Telecom) – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027”, the analog phase shifter market is set to grow with a CAGR of 48.3% during the forecast period.
The global analog phase shifter market is driven by the increasing importance of the aerial defense system across the defense sector. As political instability is rising across the globe along with the consistent threat of terrorist activities, governments are investing heavily in the defense sector. The governments across the globe are procuring the UAVs and automated guided missiles to gain an edge over their competitors. This is forcing the adoption of the missile defense system across the globe to protect unwanted missile or UAV attacks.
Since the analog phase shifter are widely used across the missile defense system. Therefore, the rising adoption of the aerial defense system will accelerate the adoption of the analog phase shifter. Moreover, the increasing investment in the 5G infrastructure is also presenting the myriad opportunities for the growth of the market. Additionally, the rising adoption of the analog phase shifter for the weather monitoring application is also propelling market growth.
The telecom sector is projected to grow at a CAGR of around 59.5% during the forecast period. The growth of the market is driven by the wide-scale adoption of the analog phase shifter in the telecom sector. The telecom companies are leveraging on the analog phase shifters for a constant variable phase that is controlled by the voltage. Also, the investment in the 5G infrastructure by the telecom companies are serving as a major force accelerating the adoption of the analog phase shifters in the sector.
North America’s analog phase shifter market is estimated to grow significantly during the forecast period at a CAGR of over 55.1%. The growth of the market is driven by the increasing investment in the telecom infrastructure. The telecom companies in the region are investing heftily in the infrastructure for the commercialization of the 5G technology. Moreover, the rising political uncertainty in the region also presents opportunities for the growth of the market in the region.
Key players in the analog phase shifter market are AMCOM Communications, Analog Devices, Clear Microwave Inc., Crane Aerospace & Electronics, Holzworth Instrumentation, L3 Narda-MITEQ, Mercury Systems, Mini-Circuits, Planar Monolithics Industries, Pulsar Microwave Corporation, Qotana Technologies Co. Ltd, and SAGE Millimeter Inc.
Browse the full report at https://www.credenceresearch.com/report/analog-phase-shifter-market
The Global Analog Phase Shifter Market is Segmented into:
|Segmentation||By Type Segment (2017–2027; US$ Bn)|
|By Application Segment (2017–2027; US$ Bn)|
|By Geography Segment (2017–2027; US$ Bn)|
*Complete segmentation list is on report page
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