Market Research Future published a research report on “RF Power Amplifier Market Research Report-Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
A radio frequency power amplifier is a type of electronic amplifier, which converts a low-power radio-frequency signal into a higher power signal. RF power amplifiers are used to drive the antenna of a transmitter and are designed for functions such as gain, power output, bandwidth, power efficiency, low signal compression, input and output impedance matching, and heat dissipation. The global RF Power Amplifier Market is projected to grow at a 16 % CAGR during the forecast period of 2017 and 2023.
Growing Adoption Of Electronics And Communication Revolution Is The Prime Driver Of The Market
There has been an explosive growth of electronics consumption. According to the estimates of Consumer Electronics Association (CEA), consumer electronics sales were USD 220 billion in 2015. Faster technological obsolescence and price deflation for electronic devices are fuelling the adoption rates of electronics. The increase in disposable per capita income is the prime reason for the growing consumption of electronics for recreation. According to the Consumer Electronics Association, the price of electronic equipment fell by 74 % over the last two decades at an average rate of 6.5 % from year to year.
Decreasing lifespan of electronic devices due to technology obsolescence, new product launches with updated features, consumerism and others is another driver for the faster growth of electronics consumption. In 2010, US discarded about 258 million units of computers, cell phones, TV sets, and monitors. Growing demand for electronic devices due to increasing purchasing power, falling prices of electronic devices and increasing I.T services are other drivers of the market.
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Product And Technology Development Is Driving A Large Market
Miniaturization and technological convergence are two trends that are driving market innovations. Significant giants like Qualcomm and Broadcom, Ltd. are investing into RF power amplifier market. There is a growing trend for joint development of new technologies. For example, Qualcomm, in collaboration with Japan’s TDK launched a new venture RF360 Holdings to produce power amplifiers, filters, and other chips. Modern RF amplifiers are capable of supporting a broad spectrum of frequency bands.
Concerns Over Electronic Waste, Increasing Stringency Of Environmental And Manufacturing Regulations And Low Pricing Margin Are Hampering The Market
There have been common concerns regarding electronic wastes giving rise to green electronics and environmental regulations. Norway followed by Switzerland, Iceland, and United Kingdom top the list of world's electronic waste per inhabitant. According to the United Nations report, the world produced approximately 50 million tons of E-Waste in 2015. China surpassed the U.S. to become the largest country with electronic waste generating 11.1 million tons of E-Waste in 2012. China was followed by the United States accounting for 10 million tons.
The electric industry is highly regulated by Governments policies and regulations such as labor laws, access to raw materials and energy cost have a disproportionate impact on the industry. Policies, such as Environmental Compliance Audits, and storage and disposal regulations enacted by the Resource Conservation and Recovery Act (RCRA) may hamper market growth.
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.
To gain a 360-degree view of the global RF power amplifier market, the report is segregated by product, application, and regions.
- Based on the product segment, the market is segregated into < 10 GHz, 10-20 GHz, 20-30 GHz, 30-60 GHz and 60+ GHz
- Based on the application segment, the market is divided into consumer electronics, aerospace & defense, automotive, medical and others. The applications segment is expected to be dominated by the consumer electronics segment owing to the increasing adoption of smartphones and tablets.
- Based on geography, the report is divided into regions of North America, Europe, Asia Pacific, Middle East and Africa.
The Asia Pacific region generates the most significant market share, which is projected to expand at the fastest rate during the forecast period. The considerable growth in RF power amplifier market in the Asia Pacific is attributed to countries like China, Japan and India owing to the strong presence of manufacturing industries, growing demand, and attractive labor economics. China is the manufacturing hub of electronics with Guangzhou being its largest producer.
Asia Pacific is followed by North America, which is dominated by the U.S. on account of its massive economy. Europe is led by Germany, France, and others. The Middle East and Africa region is projected to generate a moderate growth and will be driven by Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.
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TABLE OF CONTENT
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 List Of Assumptions 16
2.4 Market Structure 16
3 Market Insights
4 Research Methodology
4.1 Research Process 23
4.2 Primary Research 24
4.3 Secondary Research 24
4.4 Market Size Estimation 25
4.5 Forecast Model 25
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