Digital Phase Shifters Market Size, Share, Growth, And Industry Analysis, By Type (Up to 7 dB & Up to 11 dB), By Application (Chip, Connectorized, Die, Module with Connectors, Surface Mount), Regional Insights, and Forecast From 2023 To 2030

Updated On: 20 November 2023

digital phase shifters market Report Overview

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The global digital phase shifters market size was valued at USD 304.1 million in 2022. As per our research, the market is expected to reach USD 3212.2 million by 2028, exhibiting a CAGR expansion of 48.1% during the forecast period.

The digital phase shifters market came into existence because it becomes tough to find good network quality. The rapid pace of digitalization in the world has influenced the demand for digital phase shifters. It can be understood as an innovation in modern technologies that can efficiently send signals. The digital phase shifters market was affected by the pandemic but post-pandemic there has been an increase in its demand.

Recently, the market has attracted several new consumers. There has been an increase in demand in the market due to increasing investments in the defense and telecommunication industry. For better network reach and quality, people are adopting a 5G network and this also increases the demand for digital phase shifters. Additionally, the accuracy and efficiency that these Digital Phase shifters provide influence their demand in the global market. 

COVID-19 Impact: Market Growth was Restrained due to a fall in Production Level During the Pandemic

There was not a single sector that was unaffected by COVID-19. The Digital Phase Shifters Market was disturbed as well. The COVID-19 pandemic did affect the production process of Digital Phase Shifters. Everyone rushed to their homes and hence there was a deficiency of labor. Along with insufficient labor supply, the regulations were also not encouraging.  As a consequence, there was a fall in demand as well during the pandemic. 

Latest Trends

"Use of Radar and Satellite Communication in the Defense Sector"

The Digital Phase Shifters Market is as dynamic as any other market. In the market, there is everyday development to add more benefits to it. Recently, all the nations have prioritized their defense sector and improvements are made in satellite and radar communication to enhance the security of the nation. This is why attention is also paid to the phase shifters which enhances the performances of Radars and satellites. Along with it, this recent development attracts more investments in the market as well. 

digital phase shifters market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Up to 7 dB & Up to 11 dB.

 In terms of services, Up to 7 dB is the largest segment, as it holds the maximum share of the market.

• By Application Analysis

Based on application, the market can be divided into Chip, Connectorized, Die, Module with Connectors, & Surface Mount.

Driving Factors

"The Rising Adaptation of 5G in the World Has Increased the demand in the Market "

Developing nations are focusing on digital advancements. This has led to an increase in the adoption of Digital Phase Shifters as well. This is because, for better networks, lower latency, more bandwidth, and more capacity, 5G is introduced in the market. And for better working of 5G, these digital phase shifters market are utilized. This has laid beneficiary effects on the demand for Digital Phase shifters. Digital Phase Shifters are easily available in the market and are economical as well this has led to a positive impact on the Digital Phase Shifters Market growth. 

"The Telecommunication & Weather Forecasting Industries Influence the Demand in the market"

The Digital Phase Shifters Market has witnessed massive growth because of several factors but the prime factor promoting the Digital Phase Shifters Market growth involves the use of digital phase shifters in weather forecasting and telecommunication.  The Digital Phase Shifters market helps the general public in knowing what will the upcoming weather. The digital phase shifters are capable of passing signals to radar for weather forecasting, cables, and other telecommunication services. This is why the efficiency and accuracy that Digital Phase Shifters provides increases the demand in the market. 

Restraining Factors

"High Sensitivity has led to a Declining Trend in the market"

It is quite a known fact that the Digital Phase Shifters market is installed after attracting heavy capital requirements. And this is an expensive deal for the manufacturers. Even after spending the installation charges these digital phase shifters are very sensitive when it comes to enduring temperature. The maintenance cost of them keeps on increasing and this adds to the total production cost. Consequently, there is a declining trend in the digital phase shifters market growth. 

digital phase shifters market Regional Insights

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"North-America Region Dominates the Market Due to the Influential Technological Advancements"

The Asia-Pacific region holds the dominant Digital Phase Shifters Market share in the global market. This is because of various factors. One of the primary factors is the influential technological advancements in this region.  In this region, several developing economies are focusing on digitalization. When compared with other regions, this region is more likely to adopt 5G before any other region and this also encourages investments in the Digital Phase Shifters market in this region. Also, industrialists of this region are inclined to it because of the several cost-effective benefits it comes with.  Also, companies in this region have brought Digital Phase Shifters to increase their revenue as it is an upgradation in technology which brings in new advantages. 

Key Industry Players

"KEY PLAYERS FOCUS ON INNOVATIONS AND COLLABORATIONS "

The key players have noted the technological advancement done in various sectors including telecommunication and defense and therefore they have started working on the development of Digital Phase Shifters that can be made easily in different sectors. The key players have understood that the advancements in Digital Phase Shifters will help them in earning more revenue and hence they work the innovations along with collaborations to manufacture digital phase shifters on a large scale.    

List of Market Players Profiled

• Qorvo
• Aelius Semiconductors
• Analog Devices
• Astra Microwave Products Limited
• Crane Aerospace & Electronics
• Custom MMIC
• DS Instruments
• Fairview Microwave
• G.T. Microwave, Inc
• Lorch Microwave
• MACOM
• Mercury Systems
• OMMIC
• Pasternack Enterprises Inc
• Planar Monolithics Industries
• Pulsar Microwave
• Qotana

Report Coverage

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Furthermore, the post-COVID-19 pandemic’s effect on international market restrictions and a deep understanding of how the industry will recover and strategies are also stated in the report. Finally, the competitive landscape has also been examined in detail to provide clarification of the competitive landscape.