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RF MEMS Switch Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

03-20-2024 08:33 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global RF MEMS Switch market was valued at US$ 201.3 million in 2022 and is anticipated to reach US$ 417.3 million by 2029, witnessing a CAGR of 11.1% during the forecast period 2023-2029.

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RF MEMS switches are small, micromechanical switches that have low power consumption and can be produced using conventional MEMS fabrication technology. They are similar to a light switch in a room, where a contact is opened or closed to conduct a signal across the switch.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core RF MEMS Switch players include ADI, Qorvo and Menlo Micro etc. The top 3 companies hold a share about 65%. APAC is the largest market with a share about 55%, followed by America and Europe.

In terms of product, single-pole product is the largest segment with a share about 87%. And in terms of applications, the largest applications is consumer with a share about 46%.

By Type
• Single-pole
• Multi-pole

By Application
• Consumer
• Automotive and Industrial
• Medical
• Others

Key Players
Analog Devices, Qorvo, Menlo Micro, AirMems

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-9I6670/global-rf-mems-switch

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