Radio Frequency Component Market: Industry Applications, Strategy, growth, outlook to 2022

Market Highlights:

Radio frequencies are radio signals that range between 3 KHz to 300 KHz. Components of radio frequency are the building blocks that enable connectivity in various electronic devices that are currently used. The radio frequency components enable the transmission and identification of frequencies. There exist various kinds of radio frequencies such as voice frequencies, medium frequencies, ultra high frequencies and super high frequencies among others.
The various equipment used in radio frequency are couplers, power dividers, terminators, attenuators, detectors, adapters and phase shifters among others. The radio frequency components are utilized to obtain high switching rate, reciprocity, reliability, miniaturization and weight reduction. RF Components in correct combinations are the basic components desired by any communication devices for their functioning.

The factor that affects this market is its capability to fit in very small sizes in the applications. With increasing network of universal mobile telecommunications system (3G), the market has witnessed high demand for switches and tuners due to their supporting feature to provide precise functionality to the other main RF devices such as power amplifiers, and demodulators. The major driving factors for growth of radio frequency component market are the rapid technological advancements in wireless communication and the increasing adoption of consumer electronics such as smartphones, set top box and smart television among others.

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The global Radio frequency component market is expected to grow from USD ~6 Billion in 2016 to USD~ 16 Billion by 2022, at an estimated CAGR of ~16%. The growth of this market can be constrained by factors such as the growing installed base of the barcode system in several industries and low awareness of radio frequency components. The growth is also restrained because of comparatively higher expenditures as compared to the barcode systems.

Major Key Players
• Qorvo Inc. (U.S.),
• Murata Manufacturing Co., Ltd. (Japan),
• Tsinghua Unigroup (China),
• Skyworks Solutions, Inc. (U.S.),
• Broadcom Limited (U.S.),
• Vectron International, Inc. (U.S.),
• Danaher Corp. (U.S.),
• WIN Semiconductors Corp. (Taiwan)
• Mitsubishi Electric Corporation (Japan)

Intended Audience

• Radio Manufacturers
• Integrators
• Radio frequency testers
• Research firms
• Military and navy
• Raw material manufacturers

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Segments:
The global radio frequency component market has been segmented on the basis of components, material and end-users. Components comprises of filters, amplifiers, duplexer, antenna switches and modulators & demodulators. Materials consist of silicon, gallium arsenide, indium phosphide, nitride and others. The end-users are consumer electronics, automotive, telecommunication and military among others.

Regional Analysis
The regional analysis of Radio frequency component market is being studied for areas such as Asia Pacific, North America, Europe and rest of the world. North America is expected to dominate the radio frequency component market owing to huge number of early technology adopters and the highly established telecom sector in the North American region. Asia-Pacific is expected to experience a growth owing to the rise in consumer disposable income which is projected to lead to increase in adoption of consumer electronic products with connectivity features. Europe is expected to experience huge demand of radio frequency component market with increasing use of electronic devices for industrial, commercial and residential purposes.

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TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
Continued……

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