Increasing demand for low earth orbit (LEO) and medium earth orbit (MEO) satellites are expected to fuel the growth of global market for digital phase shifters. Constant advancements and innovations in information technology is likely to stimulate the growth of global market for digital phase shifters in the forthcoming years.
A recent study by Future Market Insights foresees an outstanding 64.4% CAGR growth of the global market for digital phase shifters, during the anticipated period, 2018-2028. In addition, the global market for digital phase shifters is likely to touch an evaluation of nearly US$ 9,873.4Mn by 2028-end. Developing effective digital phase shifters for end-users is likely to be a crucial trend, progressively impacting growth of the market for digital phase shifters. Furthermore, the report offers valuable insights for growth of the market for digital phase shifters in the near future.
Analysts involved in this report development have offered valuable information as to how market for digital phase shifters will expand through 2028. Further, our analysts have made sure that they cater to the growing concerns of industry applicants and market witnesses.
What do you think are the major factors responsible for the expansion of global market for digital phase shifters?
Well, based on analysis, 5G technology is expected to create higher revenues for the global market in the forthcoming years along with increasing demand for deployment of digital phase shifters for the purpose of beam forming.
What according to you is trending in the global market for digital phase shifters?
Innovation and advancements in antenna technology for the purpose of real-world applications is likely to be the trend influencing the market growth.
Can you provide some valuable insights with regards to region in the global market for digital phase shifters?
Certainly I can. Based on analysis, North America region’s market is likely to dominate the global market for digital phase shifters during the forecast period. Apart from this, MEA region followed by SEAP is expected to generate high revenues in the forthcoming years.
Apart from telecommunications, which sector can prove lucrative for the growth of global market?
Automotive sector is expected to create lucrative opportunities of growth for the global market in the forthcoming years. There is soaring need for inserted cellular connectivity in the vehicles since the recent past.
Can you name some of the main players in global market for digital phase shifters?
Yes. Of course. Some of the main players profiled by our analysts include SAGE Millimeter Inc., Planar Monolithics Industries, MACOM, Pulsar Microwave Corporation, Astra Microwave Products Limited, Murata Manufacturing Co., Ltd. and Pasternack Enterprises, Inc. Catering to the increasing needs of consumers and finding appropriate solutions for targeted customers is expected to be the strategy utilized by the existing as well as emerging players in the global market.
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