Press release
Radio Frequency Component Market 2018 Global Share, Trend, Segmentation and Forecast to 2022
Radio frequency components are the essential components required by communication devices for its significant operation services. The advancements in technology and its ability to fit in small size of radio frequency components are the factors driving the growth of this market. with advancements in mobile telecommunication network (3G and 4G), the market is estimated to witness high demand for tuners and switchers with an objective to offer precise functionality to other radio frequency devices such as demodulators, and power amplifiers. Though, the radio frequency components market is witnessing high growth, the market is also facing a challenge as it requires investment from vendors for the production of radio frequency components.
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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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)
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%.
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
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Intended Audience
• Radio Manufacturers
• Integrators
• Radio frequency testers
• Research firms
• Military and navy
• Raw material manufacturers
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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