According to a new market research report published by Acute Market Research “Global Digital Phase Shifter Market (Number of Bits (4-Bits, 5-Bits, 6-Bits 8-Bits, Others); Frequency Range (0.1–10 GHz, 11–20 GHz, 21 GHz and above); Application (Radars, Satellites, Telecommunication, Others)) – Growth, Future Prospects and Competitive Analysis,2019 - 2027”, the overall digital phase shifter market worldwide was valued at US$ 75.5 Mn in 2018 and is set to grow with a CAGR of 56.4% during the forecast period.
Browse the full report at http://www.acutemarketreports.com/report/digital-phase-shifter-market
Market Insights
The global digital phase shifter market is highly driven by the advancement in the telecom technologies. The phase shifters are mainly used for radar, telecommunications, and control and measurement systems. The radar systems use of multi-bit digital phase shifters to form transmitting-receiving different characteristics of antenna systems. The ability of the digital phase shifter to change the phase of wave signal and RF without changing its amplitude is a major factor for growing its market in various industries. These devices strengthen the signal quality.
In 2015, Pasternack Enterprises Inc. had launched a series of 8-bit RF and microwave digital phase shifters which is used in radar systems for aerospace and defense. These shifters consists of electronic warfare (EW) applications which include, phased-array antennas, RF communication systems, phase discriminators, and beam forming networks. The Pasternack's digital phase shifters also provides advantage of 8 bit TTL logic interface which are reprogrammed, resulting in users to perfectly control phase states.
Based on application, the digital phase shifter market has been segmented as radars, satellites, telecommunication, and others. Presently, the telecommunication segment accounts more than 35% of the market share globally as the number of internet and telecom users are increasing, and is expected to dominate the market during the forecast period due to introduction of 5G technology and network globally.
Asia-Pacific is expected to be the fastest growing market due to the presence of various telecommunication companies present in the region which uses the digital phase shifter during the traffic hours. The market in the region is expected to grow with a CAGR of 59.7% during the forecast period. Rapid urbanization, growing digitalization and increasing investments in the emerging countries due to growing consumer base is also expected to drive the market in this region. Moreover, China and Japan are heavily investing in 5G technology, telecom and satellite systems which are anticipated in the growth of the market.
Some of the prominent players operating in the digital phase shifter market include Murata Manufacturing Co., Ltd., Analog Devices, Inc., MACOM Technology Solutions, Qorvo, Inc., SAGE Millimeter Inc. Astra Microwave Products Limited, Mercury Systems, Inc., Planar Monolithics Industries, Pasternack Enterprises, Inc., L3 Narda-MITEQ, and Pulsar Microwave Corporation.
