The Envelope Tracking Chip Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Envelope Tracking Chip Global Market Report 2024, The envelope tracking chip market size has grown rapidly in recent years. It will grow from $2.06 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to mobile device proliferation, network evolution, consumer demand for longer battery life, miniaturization trends, rising power consumption challenges.
The envelope tracking chip market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to mobile device proliferation, network evolution, consumer demand for longer battery life, miniaturization trends, rising power consumption challenges. Major trends in the forecast period include emergence of gan technology, compact and lightweight designs, focus on energy-efficient networks, r&d for advanced semiconductor materials, market competitiveness and innovation.
Significant growth in the electronics industry is expected to propel the growth of the envelope tracking chip market going forward. The electronics industry refers to a field that includes the design, development, production, and sale of electronic components, devices, and systems. These include consumer electronics, telecommunications equipment, computers, semiconductors, and industrial electronics. Envelope tracking chips are used in electronic devices such as mobile devices, wearables, and IoT devices to extend battery life and improve overall performance by enabling power amplifiers in mobile devices to operate at maximum efficiency, thereby reducing wasted energy and improving battery life. For instance, For instance, in March 2023, according to the United Nations COMTRADE database, a US-based intergovernmental organization, Australia’s electrical and electronic equipment exports totaled $3.56 billion in 2022. Additionally, in February 2022, India’s export of electronic goods rose by almost 88% from $6600 million in 2013-14 to $12,400 million in 2021-22. Therefore, growth in the electronics industry is driving the growth of the envelope tracking chip market.
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The envelope tracking chip market covered in this report is segmented –
1) By Technology: Cellular Communications, Wireless Communications, Satellite Communications
2) By Application: Smart Phones, Wearable Devices, Other Application
3) By Industry: Telecommunications, Healthcare, Consumer Electronics, Defense, Automotive, Other Industry
Technological advancements are a key trend gaining popularity in the envelope tracking chip market. Major companies operating in the envelope tracking chip market are focused on developing new technological solutions to strengthen their position. For instance, in November 2022, MediaTek, a Taiwan-based manufacturer of fabless semiconductor products launched a 4nm T800 chipset that delivers ultra-fast 5G speeds for sub-6 GHz and mm-Wave 5G networks. It utilizes 5G UltraSave power-efficiency technology to optimize battery life for all 5G connections. The chipset has a thin modem integrated into a 3GPP Release-16 5G cellular modem, FR1 transceivers, an envelope tracking (ET) chip, an MLNA, a GNSS receiver, and associated PMICs.
The envelope tracking chip market report table of contents includes:
1. Executive Summary
2. Envelope Tracking Chip Market Characteristics
3. Envelope Tracking Chip Market Trends And Strategies
4. Envelope Tracking Chip Market – Macro Economic Scenario
5. Global Envelope Tracking Chip Market Size and Growth
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26. South America Envelope Tracking Chip Market
27. Brazil Envelope Tracking Chip Market
28. Middle East Envelope Tracking Chip Market
29. Africa Envelope Tracking Chip Market
30. Envelope Tracking Chip Market Competitive Landscape And Company Profiles
Top Major Players:
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