Radio Frequency (RF) Components Market size was valued at USD 16.26 Billion in 2019 and is projected to reach USD 62.38 Billion by 2027, growing at a CAGR of 18.3% from 2020 to 2027.
Radio Frequency (RF) Components Market Definition
Radiofrequency components are the fundamental components required by any communication device for its proper functioning. Radiofrequency refers to the radio signals that vary from 3 kHz (1 kHz = 10^3 Hertz) to 300 GHz (1 GHz = 10^9 Hertz). In the field of consumer electronics, the world of interest is frequency ranging between 10 MHz and 10 GHz. The major components utilized in RF front communications in consumer electronics devices are mainly Receivers /Transmitters, Filters, Power Amplifiers, Duplexers, Antenna Switches, and Demodulators. The basic components needed for proper functioning by any communication device are components of radiofrequency. The main components utilized in RF front communications are primarily antenna switches, receivers or transmitters, duplexers, power amplifiers, filters, and demodulators in consumer electronics products.
Radio Frequency (RF) Components Market Overview
The advancements in technology and miniaturization property (capability to suit in small size) of RF components are the factors driving this market forward. Furthermore, with advancements in universal mobile telecommunication networks (3G and 4G), the market has seen high demand for tuners and switchers for offering precise functionality to other radio frequency devices such as demodulators, power amplifiers, etc. Although the frequency components market is witnessing good growth, the assembly of frequency components requires significant investment from vendors, posing a challenge to the expansion of the radiofrequency component market.
Technological advancements within the fields of cellular mobile and wireless communication, including the event and deployment of 5G networks, are driven by the increasing demand for broadband services and faster speeds for mobile internet connectivity. However, an increase in the cost of raw materials is anticipated to negatively impact the RF components market. Primary raw materials utilized in the assembly of RF components include silicon wafers, a spread of chemicals, and photoresist materials. The shortage of such raw materials thanks to increasing demand from manufacturers has resulted in industry-wide price adjustments and delivery delays.
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Global Radio Frequency (Rf) Components Market: Major Players
HUBER+SUHNER
Skyworks Inc. (U.S.)
ROHM Company Limited
RDA Microelectronics (China)
Aixtron SE
Renesas Electronics Corporation
Taiwan Semiconductor
NXP Semiconductor
STMIcroelectronics
Triquint Semiconductors (U.S.)
Freescale Semiconductor Inc.
EPCOS
Texas Instrument
Gree Inc
Toshiba Corporation
Silicon Labs
RF Micro devices (U.S.).
CEI
Fujitsu Limited
Murata Manufacturing (Japan)
AVAGO Technologies (U.S.)
Global Radio Frequency (Rf) Components Market: Types
Antenna Switches
Filters
Power Amplifiers
Tuners
Global Radio Frequency (Rf) Components Market: Applications
Cellular phones
Tablets
E-readers
GPS devices
Laptops
Smart TV’s
Antenna Switches
Filters
Power Amplifiers
Tuners
Global Radio Frequency (Rf) Components : Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Radio Frequency (Rf) Components report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
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