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 2022 to 2030. 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 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.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:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Analog Phase Shifter market and their expected impact during the forecast period.
Market Segmentation
Application
- Radar
- Satellite
- Telecom
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Analog Phase Shifter market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Analog Phase Shifter market?
- Which is the largest regional market for Analog Phase Shifter market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Analog Phase Shifter market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Analog Phase Shifter market worldwide?
This product will be delivered within 2 business days.
Table of Contents
1. Preface
2. Executive Summary
3. Analog Phase Shifter Market: Competitive Analysis
4. Analog Phase Shifter Market: Macro Analysis & Market Dynamics
5. Analog Phase Shifter Market: By Application, 2020-2030, USD (Million)
6. North America Analog Phase Shifter Market, 2020-2030, USD (Million)
7. UK and European Union Analog Phase Shifter Market, 2020-2030, USD (Million)
8. Asia Pacific Analog Phase Shifter Market, 2020-2030, USD (Million)
9. Latin America Analog Phase Shifter Market, 2020-2030, USD (Million)
10. Middle East and Africa Analog Phase Shifter Market, 2020-2030, USD (Million)
11. Company Profile
List of Figures
List of Tables
Companies Mentioned
- 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
- SAGE Millimeter Inc.