Sales Of High Power RF Amplifiers Are Projected To Increase At A CAGR Of 12.3% During 2021 - 2031

As per the recent published report by Fact.MR, a market research and competitive intelligence provider, the global high power RF amplifier market exceeds a valuation of US$ 4.6 Bn at present, and is slated to accelerate at an impressive CAGR of 12.3% over the forecast period of 2021 to 2031.

The market had registered an annual growth of 9.7% during 2016-2020. Fact.MR anticipates significant potential in the market, owing to rapidly rising popularity of wireless infrastructure. Widening expansion of 5G cellular networks will remain predominantly responsible for the demand growth of high power RF amplifiers, in addition to incessant penetration of smart devices and connected technology.

Established and newly entering semiconductor manufacturers in certain economies, including China, India, Japan, and the U.S., are estimated to stimulate the development of new business models. High power RF amplifier manufacturers will benefit from augmenting demand for advanced consumer electronics and network products, pushing IoT and wireless infrastructure areas further forward.

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Key Takeaways from Market Study

• Cellular application is expected to remain the most attractive segment and witness sales of US$ 6 Bn by 2031.
• Based on industry, the medical and automotive segments are anticipated to be the most lucrative with a market share of 6.2% and 8.3%, respectively, by 2031.
• Based on region, demand for high power RF amplifiers is expected to increase at a CAGR of 11.7% and 13.4% in the Middle East & Africa and North America, respectively, over the forecast period (2021 to 2031).
• Together, North America and Europe represented over 30% of global market share in 2020
• The market in Latin America is expected to be valued at over US$ 900 Mn by 2031.

"Increasing adoption of smart televisions, tablets, smartwatches, smartphones, and smart homes devices is likely to drive global sales of high power RF amplifiers," says a Fact.MR analyst.

Key Segments Covered in High Power RF Amplifier Industry Survey

By Product Type
• Solid State Power Amplifiers
• Travelling Wave Tube Power Amplifiers

By Supply Voltage
• Below 5 V High Power RF Amplifiers
• 5.1 V - 15 V High Power RF Amplifiers
• 15 V - 30 V High Power RF Amplifiers
• Above 30 V High Power RF Amplifiers

By Application
• Cellular
• Wi-Fi Connectivity
• Wireless Infrastructure
• Smart Energy
• Others

By Industry
• High Power RF Amplifiers for Telecommunication
• High Power RF Amplifiers for Consumer Electronics
• High Power RF Amplifiers for Automotive
• High Power RF Amplifiers for Aerospace & Defence
• High Power RF Amplifiers for Medical Sector
• Others

Category-wise Insights

Which Industry is Triggering Most Demand for High Power RF Amplifiers?

The consumer electronics industry has been witnessing massive expansion over the past decade, and one of the key push factors is rapid emergence and popularity of the industrial IoT technology. This leads to hold more than 35% of market share in 2021. Enhancing the bandwidth and functionality of electronics devices has been one of the most sought-after applications of RF amplifiers.
With the flourishing telecommunication sector, semiconductor products such as RF power amplifiers have been experiencing visible traction worldwide. Moreover, consistently augmenting ICT (Information & Communications Technology) expenditure will continue to fuel demand for high power RF amplifiers in the near future.
Similarly, the low price point of chemicals and materials enables the semiconductor industry to witness high growth at a double-digit CAGR. Such a scenario observed in recent years is foreseen to pose a cascading effect on the growth of RF power amplifiers in the near future.

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Competitive Landscape

Majority of high power RF amplifier producers discussed in the report have focused on expansion, investment, acquisitions, delivery focus, portfolio expansion, and brand development.
Some of the key developments are:
• In 2019, Murata Manufacturing Co., Ltd extended its capacity for production at its current location in Ohda-shi. Such developments will lead to increase in the manufacturing of multilayer type of ceramic capacitors, enabling the company to meet rising demand for RF power amplifiers.
• In 2019, NXP Semiconductors NV added a new product into its RF power amplifier portfolio for 5G cellular infrastructure, which will exceed the 5G RF power amplification demands for cellular spectrum.
Similarly, recent developments by top providers of high power RF amplifiers have been tracked by the team at Fact.MR, which are available in the detailed report.

Key Companies Profiled:
• Qualcomm Technologies, Inc.
• Qorvo, Inc
• Skyworks Solutions, Inc.
• Broadcom Limited
• Murata Manufacturing Co., Ltd.
• Infineon Technologies AG

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