Report ID : CBI_1368 |
Base Year: | 2022 |
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CAGR: | 7.3% |
Forecast Year: | 2023 - 2031 |
Revenue 2022: | $1,592.60 Mn |
Revenue 2023: | $1,672.64 Mn |
Revenue 2031: | $2,949.39 Mn |
Astable Multivibrator Market is estimated to reach over USD 2,949.39 Million by 2031 from a value of USD 1,592.60 Million in 2022 and is projected to grow by USD 1,672.64 Million in 2023, growing at a CAGR of 7.3% from 2023 to 2031.
Astable multivibrator also known as free-running oscillator is an electronic circuit that continuously oscillates between high and low states without the need for external input. The term multivibrator refers to the ability to generate square wave or rectangular wave output Astable multivibrator primarily comprises of two amplifying stages that are linked in a positive feedback loop by using two capacitive-resistive coupling networks. Moreover, astable multivibrators offer several benefits including simple circuit design, continuous functioning, elimination of external triggers for operation, and cost-effectiveness among others. The aforementioned benefits of astable multivibrators are key determinants for increasing its utilization in consumer electronics, automotive, healthcare, aerospace & defense, telecommunication, and other sectors.
Astable multivibrators are primarily used in the telecommunication sector, particularly in radio and telecommunication equipment for transmission of data over the wireless medium. Also, astable multivibrators are utilized in telecommunication systems for frequency generation and modulation among others.
Factors including the growing deployments of 5G infrastructure, rising adoption of communication devices, and increasing demand for wireless communication are major prospects driving the growth of the telecommunication industry.
For instance, according to the Ookla 5G Map, the total deployment of 5G network reached 112 countries in November 2021, representing an incline of 13% as compared to 99 countries in November 2020. Further, according to Ookla, the overall number of 5G deployments increased considerably and reached 85,602 deployments in 2021 in contrast to 17,428 deployments in 2020.
Thus, the growth of telecommunication industry is fostering the utilization of astable multivibrators for its application in radio and telecommunication equipment for data transmission and communication applications, in turn driving the growth of the market.
Astable multivibrator circuits are used in consumer electronics for integration in smartphones, laptops, wearable devices, TV system, and other consumer devices. Moreover, astable multivibrator serves as a timekeeper or a timing reference for circuits integrated in consumer electronic devices. Additionally, astable multivibrators are also utilized for generating precise and stable frequencies of electrical signals in consumer devices.
Factors including the increasing adoption of smartphones, laptops, and other consumer devices, advances in consumer electronics, and growing demand for smart wearables are key prospects driving the growth of the consumer electronics sector.
According to the Association of German Banks, the manufacturing and sales of electronics in Germany observed a significant growth of 10% in 2021 in comparison to 2020. Further, according to the Brazilian Electrical and Electronics Industry Association (ABINEE), the value of electrical and electronics sector in Brazil reached up to USD 42.2 billion in 2022, observing a growth of 8% as compared to USD 39.2 billion in 2021. Therefore, the growing consumer electronics sector is driving the demand for astable multivibrator for application in smartphones, laptops, wearable devices, and others, in turn proliferating the market growth.
The primary substitute for astable multivibrator includes monostable multivibrator and bistable multivibrator among others. Comparatively, the substitutes have similar properties, performance, and applications, with respect to astable multivibrator, which is a prime factor restricting the market growth.
For instance, monostable mutivibrators acts as an ideal alternative to astable multivibrators in consumer electronics and automotive applications among others. Moreover, monostable multivibrator offers several benefits including ease of design and manufacturing, lower cost, and others.
Additionally, bistable multivibrator offers a range of benefits including low power dissipation, simple circuit design, and storage of previous output among others. Hence, the availability of substitutes for astable multivibrator with improved operational benefits is limiting the growth of the market.
The growing automotive industry is expected to present potential opportunities for the growth of the astable multivibrator market. Astable multivibrators often acts as an oscillator in automobile electronics system. Moreover, the integration of astable mutivibrators in automotive electronics system ensures precision timing and frequency stability in automobile electronics. Additionally, the integration of astable multivibrators in automobile electronics helps in generating dependable clock signals that sync various vehicle systems, in turn enabling reliable synchronization and communication between onboard modules.
Factors including the advancements in autonomous driving systems, rising adoption of electric vehicles, and increasing production of automobiles are primary aspects driving the growth of the automotive industry.
According to the European Automobile Manufacturers Association, the production of passenger cars in European Union reached up to 10.9 million in 2022, demonstrating an incline of 8.3% in contrast to 2021. Meanwhile, according to the International Organization of Motor Vehicle Manufacturers, automobile production in North America reached 14.79 million in 2022, depicting a growth of 10% as compared to 2021.
Hence, the growth of automotive sector is anticipated to increase the utilization of astable multivibrators in automobile electronics system, thereby, promoting opportunities for market growth during the forecast period.
Report Attributes | Report Details |
Study Timeline | 2017-2031 |
Market Size in 2031 | USD 2,949.39 Million |
CAGR (2023-2031) | 7.3% |
By Type | Collector-Coupled Astable Multivibrator and Emitter-Coupled Astable Multivibrator |
By Sales Channel | Online and Offline |
By Application | Oscillator, Morse Code Generators, Amateur Radio Equipment, Pulse Position Modulator, RFID System, and Others |
By End-User | Consumer Electronics, Automotive, Healthcare, Aerospace & Defense, Telecommunication, and Others |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Players | Texas Instruments Incorporated, Nexperia, STMicroelectronics, Semiconductor Components Industries LLC, Renesas Electronics Corporation, Jain Laboratory Instruments Pvt Ltd. |
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Download Sample ReportBased on the type, the market is bifurcated into collector-coupled astable multivibrator and emitter-coupled astable multivibrator. The emitter-coupled astable multivibrator segment accounted for the largest revenue share in the year 2022. Emitter coupled astable multivibrator is a type of multivibrator in which the circuit capacitor is usually connected between emitters of two transistors. One transistor remains either in cutoff or saturation while the second transistor remains in either active or cut-off region. Moreover, the emitter-coupled astable multivibrator offers several benefits including ease of frequency adjustment, elimination of overshoot voltages in output, ease of synchronization, and others. The aforementioned benefits of emitter-coupled astable multivibrators are further increasing its utilization in electronics, aerospace & defense, telecommunication, and other industries.
For instance, Airbus, a European aircraft manufacturer, delivered 661 commercial aircraft in 2022, witnessing an incline of 8% in contrast to 611 deliveries in 2021. Emitter-coupled astable multivibrators are used for radio signal transmission and communication application in the aerospace & defense sector. Therefore, the growing aerospace & defense industry is among the prime factors proliferating the growth of the segment.
The collector-coupled astable multivibrator segment is anticipated to register fastest CAGR growth during the forecast period. In collector-coupled astable multivibrator, the circuit arrangement consists of a two-stage R-C coupled amplifier in which the output of first stage is combined to the input of second stage. Similarly, the output of second stage is combined to the input of the first stage. Additionally, collector-coupled astable multivibrators are primarily used in aerospace and consumer electronic sectors among others.
For instance, according to the Brazilian Electrical and Electronics Industry Association (ABINEE), the value of electrical and electronics sector in Brazil reached USD 42.2 billion in 2022, demonstrating a growth of approximately 8% as compared to USD 39.2 billion in 2021. Collector-coupled astable multivibrator serves as a timing reference for circuits integrated in consumer electronic devices including smartphones, laptops, watches, and other devices. Thus, the growing consumer electronics sector is a key factor anticipated to drive the growth of the market during the forecast period.
Based on the sales channel, the market is segregated into online and offline. The offline segment accounted for the largest revenue share in the year 2022. Offline sales channel involves the distribution of astable multivibrator from manufacturers to the end-users indirectly through offline distributors including regional distributors, specialty stores, and others. Moreover, the growth of the offline segment is driven by multiple factors including the including higher credibility, strong customer base, and ease of customization as per the target market among others.
For instance, Nexperia is among the manufacturers of astable multivibrator that offers its astable multivibrator product through various offline regional distributors including Arrow Electronics Inc., Mouser Electronics Inc., Premier Farnell Limited, and others. Thus, the increasing availability of astable multivibrator in offline sales channel is projected to drive the market growth during the forecast period.
Online segment is expected to witness fastest CAGR growth during the forecast period. Online sales channel provides a mode of distribution in which the manufacturers sell products through the company websites or any other third-party e-commerce websites that are available on the internet. Online distribution channels offer a range of benefits including quicker comparison of multiple products and prices, easy access to the products, higher flexibility, and faster buying process. The aforementioned benefits of online sales channels are vital aspects increasing its utilization for the distribution of astable multivibrator.
For instance, Texas Instruments Incorporated is among the few astable multivibrator manufacturers that provide its astable multivibrators for online purchase through the company website along with multiple e-commerce websites including Amazon, eBay, and others. Thus, the rising availability of astable multivibrators in online sales channels, attributing to its above benefits, is a primary factor driving the growth of the online sales channel segment.
Based on the application, the market is classified into oscillator, morse code generators, amateur radio equipment, pulse position modulator, RFID system, and others. The oscillator segment accounted for the largest revenue share in the year 2022. An oscillator refers to an electronic circuit that is designed for generating a periodic, alternating or oscillating current signal, usually a square wave, sine wave, or a triangle wave, powered by a direct current source. Moreover, astable multivibrators are primarily used in oscillators for generation of square waves. Astable multivibrators also serve as timing oscillator in computer systems.
For instance, in September 2022, SiTime Corporation launched its new oscillator primarily designed for utilization in the automotive sector. The oscillator are more resilient and ensure reliable operation of advanced driver assistance systems (ADAS) and infotainment system among others. Thus, the increasing innovation associated with oscillator is a key factor driving the growth of the market.
Pulse position modulator segment is expected to witness the fastest CAGR growth during the forecast period. Pulse position modulator is designed for signal modulation in which message bits are encoded by transmitting a single pulse in possible required time shifts, which is repeated every few seconds. Pulse position modulation is primarily used in optical communication systems deployed in telecommunication and aerospace & defense sector among others. Moreover, astable multivibrators are utilized in pulse position modulation circuit for generation of square wave, triangular wave, and other waveforms.
For instance, the deployment of 5G services by Telefonica reached up to 1,400 municipalities in Spain in 2022. Telefonica further intends to expand its 5G deployments to 2,400 municipalities in Spain by the end of 2023, representing an incline of 71.4%. Thus, the growing telecommunication sector is driving the use of astable multivibrator for application in pulse position modulator to ensure reliable fiber optic communication in telecommunication sector, in turn proliferating the market growth during the forecast period.
Based on the end-user, the market is segregated into consumer electronics, automotive, healthcare, aerospace & defense, telecommunication, and others. The consumer electronics segment accounted for the largest revenue share of 30.41% in the year 2022. Factors including the increasing adoption of smartphones, laptops, and other consumer devices, advances in consumer electronics, and growing demand for smart wearables are crucial aspects driving the growth of the consumer electronics sector.
According to GSM Association, the adoption of smartphones in Italy is projected to reach 81% by 2025, witnessing an increase from 77% in 2021. Additionally, according to Atradius, the consumer electronics sector in Spain witnessed a growth of 3.5% in 2021 as opposed to 2020. Astable multivibrator serves as a timing reference for circuits integrated in consumer electronic devices including smartphones, laptops, watches, and others. Thus, the growing consumer electronics sector is increasing the utilization of astable multivibrators, in turn driving the market growth.
Telecommunication segment is expected to witness fastest CAGR growth during the forecast period. The growth of telecommunication segment is primarily driven by multiple factors including growing deployments of 5G infrastructure, rising adoption of communication devices, and increasing demand for wireless communication among others.
For instance, according to Viavi Solutions Inc., the overall number of cities globally with 5G deployments reached 1,947 as of January 2022, along with the addition of 635 new 5G cities in 2021. Astable multivibrators are primarily used in the telecommunication sector, particularly in radio and telecommunication equipment for application including frequency generation and modulation among others. Thus, the growth of telecommunication sector is a vital factor expected to drive the market growth during the forecast period.
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Download Sample ReportThe regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regional Growth Insights
Download Sample ReportNorth America is estimated to reach over USD 1,031.99 Million by 2031 from a value of USD 551.20 Million in 2022 and is projected to grow by USD 579.43 Million in 2023. The adoption of astable multivibrators in the North American region is primarily driven by its usage in aerospace & defense, telecommunication, automotive, healthcare, and other industries. Additionally, the rising utilization of astable multivibrators in telecommunication sector for application in radio and telecommunication equipment for frequency generation and modulation are among the significant factors driving the market growth in the region.
For instance, according to the GSM Association, the total 5G connection deployments across North America reached nearly 140 million as of 2022. Hence, the growth of telecommunication sector is fostering the integration of astable multivibrators in radio and telecommunication equipment, in turn driving market growth in the North American region. Further, factors including the increasing investment in aviation & defense and healthcare sectors is anticipated to foster opportunities for market growth in North America during the forecast period.
Asia-Pacific is expected to grow with the highest CAGR growth 7.3% and is estimated to reach over USD 820.82 Million by 2031 from a value of USD 426.97 Million in 2022 and is projected to grow by USD 449.86 Million in 2023. In addition, in the region, the China accounted for the maximum revenue share of 29.50% in the same year.
The growing pace of industrialization and development is creating lucrative growth prospects for the market in the region. Additionally, factors including the growth of multiple industries such as consumer electronics, telecommunication, aerospace & defense, and others are driving the market growth for astable multivibrator in the Asia-Pacific region.
For instance, according to Invest India, the Government of India allocated USD 70.6 billion to the Ministry of Defense as the part of its Union Budget 2022-23. The primary focus of the budget allocation to the Indian Ministry of Defense is to help in the development of new unmanned aerial vehicles and systems, military ground vehicles, and other related systems. Hence, rising investment in aerospace & defense sector is anticipated to drive the utilization of astable multivibrators for radio signal transmission and communication applications in the aerospace & defense industry, thereby, driving market growth in the Asia-Pacific region during the forecast period.
Details Countries Growth Insights
Download Sample ReportThe astable multivibrator market is highly competitive with major players providing astable multivibrator to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in astable multivibrator market. Key players in the astable multivibrator market include-
Astable multivibrator is an electronic circuit that is capable of automatically switching between the two states without any application of external pulse for its operation.
For instance, by type segment has witnessed emitter-coupled astable multivibrator as the dominating segment in the year 2022, owing to its increasing demand from multiple industries such as electronics, aerospace & defines, telecommunication, and others.
For instance, by end-user segment has witnessed telecommunication as the fastest-growing segment during the forecast period due to rising adoption of astable multivibrator in telecommunication system and equipment for frequency generation and modulation among others.
Asia-Pacific is anticipated to register fastest CAGR growth during the forecast period due to rapid pace of industrialization and growth of multiple industries such as including consumer electronics, telecommunication, aerospace & defence, and others.