Market Research Future published a research report on “RF Power Amplifier Industry Research Report-Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
RF power amplifiers are essential in radio communications and assist in the transmission of high-frequency signals. They are extensively used as a core part of all base stations in cellular and wireless infrastructure. The rapid expansion of cellular network infrastructure across the globe has been the major driver of the RF Power Amplifier Industry. The RF Power Amplifier Industry stood at USD 11 Bn in 2017 and is anticipated to earn revenues worth 24.26 Bn by the end of the forecast period of 2017-2023, predicts Market Research Future (MRFR) in its latest study. MRFR has further asserted that the market would expand at a CAGR of 13.37% over the forecast period.
The penetration of smartphones has raised the demand for reliable, faster, and steady cellular networks which induce high demand within the RF power amplifier market. Present day mobile communication systems require large bandwidth to accommodate high-frequency range. Expansion of existing cellular infrastructure combined with the shift of network service providers from 2G to 3g and then LTE is further boosting the growth of the market.
The advent of the Internet of Things (IoT) has provided fuel to the growth of the market. RF power is widely used in a variety of IoT devices to improve device to device relationship. Growing number of IoT connected devices is driving the growth of the RF Power Amplifier Industry.
Other factors aiding the market growth include a heightened focus on improving the RF efficiency in connected devices, and growing penetration of smartphones, laptops, wearable devices, and other gadgets.
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RF Power Amplifier Global Market - Segmentation
The RF Power Amplifier Industry has been segmented based on frequency, raw material, application, and packaging type.
By frequency, the RF power amplifier market has been segmented into <10 GHz, 20-30 GHz, 10-20 GHz, 30-60 GHz, and 60+ GHz. The 30-60 GHz segment is leading the market and is anticipated to expand at a CAGR of 17.62% over the forecast period.
By raw materials, the RF power amplifier market has been segmented into silicon germanium, silicon, gallium nitride, gallium arsenide, and others.
By packaging type, the RF power amplifier market has been segmented into die, standalone/ rack mount, surface mount, and others. The surface mount segment is expected to reach USD 11.877 Mn by the end of the forecast period.
By application, the Rf power amplifier market has been segmented into consumer electronics, aerospace & defense, medical, automotive, and others. The consumer electronics segment is likely to capture the highest CAGR of 17.64% over the forecast period.
The prominent players in RF power amplifier market are – Qualcomm (U.S.), Analog Devices (U.S.), Skyworks Solutions, Inc. (U.S.), Broadcom Limited (Singapore), ANADIGICS, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Infineon Technologies AG (Germany), NXP Semiconductors N.V. (Netherlands), Toshiba Corporation (Japan) and Mitsubishi Electric Corporation (Japan) among others.
On the global scale, Asia Pacific region holds the largest market share of global RF power amplifier market followed by North America and Europe. Rich presence of semiconductor manufacturing companies in China, Japan and South Korea are some of the major driving factors supporting the market in Asia Pacific. Also, China along with South Korea are considered to be the manufacturing hub of electronics in Asia Pacific region and helping the market growth. North America stands as second largest the market due to the presence of global players in the region and high development in the field of technology which is supporting the market growth in North America region. Also, high development and adoption of automation in the manufacturing sector in U.S. and Canada is also helping the market growth. Europe stands as third largest market for the RF power amplifiers. High number of smartphone users and high technology adoption in the telecommunication are some of the major driving factor behind the growth of market. Also, Presence of developed countries such as Germany, France, Italy, Netherlands and U.K. are one of the major driving factor behind the growth of the market in Europe region.
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Table of Content:
List of Tables:
Table 1 Market Synopsis
Table 2 List Of Assumptions
Table 3 Global Rf Power Amplifier Market, By Frequency (Usd Million) (2017-2023)
Table 4 Global Rf Power Amplifier Market, By Raw Material (Usd Million) (2017-2023)
Table 5 Global Rf Power Amplifier Market, By Packaging Type (Usd Million) (2017-2023)
Table 6 Global Rf Power Amplifier Market, By Application (Usd Million) (2017-2023)
List of Figures
Figure 1 Global Rf Power Amplifier Market: Market Structure
Figure 2 North America Market Size By Country (2017 Vs 2023)
Figure 3 North America Market Share By Country (2017)
Figure 4 Europe Market Size By Country (2017 Vs 2023)
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