"Increasing Investment in the 5g Infrastructure Is Driving the Analog Phase Shifter Market"
Globally, the analog phase shifter market is expected to grow with a CAGR of 48.3% during the forecast period from 2025 to 2033. The market growth is driven by escalating efforts towards commercialization of the 5G technology by carrier providers. The telecom companies have invested heftily in 5G infrastructure. In 2020, the overall investment in the 5G infrastructure was assessed to be approximately US$ 550 million and it is further projected to grow with the triple-digit growth rate over the next five years. The investment is mainly driven by supportive government initiatives and policies for the development of the telecom infrastructure. The analog phase shifters are widely used across the telecom sector for beamforming and to in phased array antennas. These applications are augmenting the demand for the analog phase shifters across the globe.
The growing demand for the analog phase shifters across the defense along with the weather monitoring applications is presenting numerous opportunities for market growth. However, the high cost of the analog phase shifters as compared to the other variants is hindering the growth of the market. To address the cost challenge, the manufacturers are leveraging on the mass production strategies to reduce the overall cost of production. Moreover, the inflexibility and complexity of the analog phase shifters also act as an inhibitor in the growth of the market.
"Radar Is Dominating the Analog Phase Shifter Market"
The analog phase shifter market is segmented based on the application into radar, satellites, and telecommunication. Radar dominated the market with more than 65% share in the revenue. The increasing adoption of the phase array shifters across the defense sector for the missile defense application is serving as a primary driver for the growth of the market. The advancement in technology is also driving the growth of the market. The analog phase shifters have evolved significantly over the years on their design and efficiency, which makes it a suitable option for the defense applications.
"North America Is Leading the Analog Phase Shifter Market"
North America accounts for over 37% share in the analog phase shifter market. The growth of the market is attributed to the high spending in the defense sector in the region. North America is one of the leading spenders in the defense sector and spends heavily in the missile defense system, which makes it one of the most lucrative markets for the phased array shifters. Furthermore, the increasing investment in the 5G infrastructure across the region by the public and private entities also accelerates the growth of the market.
The prominent 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.
Historical & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Analog Phase Shifter market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
Segmentation | |
Application
| |
Region Segment (2023-2033; US$ Million)
|
Key questions answered in this report