In 2027, it is anticipated that the market for varactor diodes will be valued approximately US$ 1,300 million

The global varactor diode market's performance is examined during a ten-year evaluation period, from 2017 to 2027, in a new research from Future Market Insights titled "Varactor Diode Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027." The research provides key insights into the industry growth drivers and market development inhibitors and presents value predictions for the worldwide varactor diode market. According to Future Market Insights' assessment, the global varactor diode market was assessed to be worth roughly US$ 490 million in 2017 and is anticipated to reach a valuation of roughly US$ 1,300 million in 2027, exhibiting a CAGR of 10.3% over the evaluation period of 2017-2027.

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Additionally, consumer gadgets are in higher demand globally. Smartphones, tablets, and other electronic devices like DVD recorders and players are all part of the consumer electronics business. The global varactor diode market is benefiting from the rising demand for these kinds of devices. During the projection period, it is also anticipated that new consumer electrical technology items will significantly increase demand for varactor diodes.

Rising Adoption of 5G Technologies in the Coming Years and Increasing Usage of Smartphones to Boost the Global Varactor Diode Market

Because they are increasingly employed for high speed applications that require greater linearity, varactor diodes used in wireless infrastructure are crucial to the proper operation of 5G technology. Sales of electronic goods like smartphones, laptops, and tablets will rise significantly as a result of the introduction of 5G technology. Varactor diodes are widely integrated in VCOs and employed in applications including radar, consumer electronics, and seaports as 5G technologies are currently in the research and development stage. Manufacturers are thus seizing the opportunity to increase the variety of varactor diodes in their product lineup, which are utilised in a variety of applications.

The rapid global expansion of smartphones is another factor contributing to the market for varactor diodes predicted to gain substantial traction. The global varactor diode market is projected to benefit from the widespread use of mobile phones with high-speed data connections, which is the standard today.

Global Varactor Diode Market: Segmentation and Forecast

The global varactor diode market is segmented on the basis of breakdown voltage, application and region.

By breakdown voltage, the 5V-30V segment was estimated to be valued at nearly US$ 300 Mn in 2017 and is likely to reach a valuation of nearly US$ 780 Mn in 2027, exhibiting a CAGR of 10% during the period of forecast 2017-2027.
By application, the mobile devices segment was estimated to be valued at nearly US$ 260 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 750 Mn in 2027, displaying a CAGR of 11.2% during the assessment period.
By region, the APEJ varactor diode market was estimated to be valued at nearly US$ 140 Mn in 2017 and is expected to reach a valuation of nearly US$ 420 Mn in 2027, exhibiting a CAGR of 11.7% during the period of forecast.

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Global Varactor Diode Market: Competitive Landscape

In this report, some of the important players functioning in the global varactor diode market have been profiled, which include players such as NXP Semiconductors, STMicroelectronics, MACOM, Vishay Intertechnology, ON Semiconductor, Analog Devices Inc., Infineon Technologies, Integrated Device Technology Inc. and Micro Semi Corporation.

Market Taxonomy

By Breakdown Voltage

5 V- 30 V
31V - 65V
65 V & Above

By Application

Defence, Aeronautics and Marine
Satellite Communication
Mobile Devices
DVD Recorders

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.