Astable Multivibrator Market Size, Opportunities, Analysis and Trends by Forecas
The global astable multivibrator market is expected to grow from USD 1.27 Billion in 2018 to USD 2.0 Billion by 2025, at a CAGR of 7% during the forecast period
The data experts at Market Research Future Reports (MRFR) have analyzed the global astable multivibrator market. The experts have concluded that the global astable multivibrator market is estimated to value USD 2.0 billion, recording a CAGR of 7% during the review period. The development in the field of electronics is estimated to be the most significant factor driving the global Astable Multivibrator Market 2020. The astable multivibrator is used because of the ease to construct them and its simplicity. Besides, the increasing application of astable multivibrator in communication management is likely to be another factor augmenting the global market. In addition, the multivibrator does not demand massive investment and can be produced with limited funds, which is projected to be another substantial factor leading to market growth. On the other hand, the market experiences lesser competition due to lesser number of companies involved. The enterprises are focusing on enhancing their methods to retain their position in the market.
However, the pandemic COVID-19 has severely affected the global astable multivibrator market. The economy has been affected due to the disturbance caused in the cycle of production and demand. The lockdown imposed across various countries is likely to bring a massive disturbance in the market. The experts at MRFR have evaluated that the astable multivibrators market is most likely to gain normalcy by 2021. The market will start recovering as the lockdown is lifted in a phased manner.
The key players in the astable multivibrator applications market are ON Semiconductor (US), NXP Semiconductors (Netherlands), TEXAS Instruments (US), Microchip Technology (US), Nexperia (Netherlands), STMicroelectronics (Switzerland), Fairchild Semiconductor (US), Toshiba (Japan), Renesas Electronics Corporation (Japan), and Visionics Sweden HB (Sweden)
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The global astable multivibrator market has been segmented based on type, application, and region.
On the basis of type, the market has been segmented into collector-coupled astable multivibrator and emitter-coupled astable multivibrator.
Based on application, the market has been segmented into oscillator, morse code generators, pulse position modulator, amateur radio equipment, timers, RFID system, FSK generator, and others.
The global astable multivibrator market, by region, has been classified into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.
The Global Astable Multivibrator Market is projected to grow at a significant rate during the forecast period from 2019 to 2025. The geographic analysis of the global astable multivibrator market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.
North America holds the largest market share as the number of printed circuit board (PCB) fabricators are more in this region. Also, the adoption of electronics manufacturing services (EMS) has seen positive growth and is expected to remain the same during the forecast period. Moreover, prolific deployment of integrated circuits (ICs) and related semiconductor technologies throughout advanced and emerging markets is boosting the growth of this market in North America. Furthermore, Asia-Pacific is expected to be the fastest-growing region as it has become a hotspot for the semiconductor industry due to its burgeoning economy, rise of mobile communications, and growth in cloud computing applications.
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