Global Radio Frequency Components (Power Amplifier, Filters, Duplexer) Market Size, Share & Trends Analysis Report 2019-2025 - ResearchAndMarkets.com

DUBLIN--()--The "Radio Frequency (RF) Components Market Size, Share & Trends Analysis Report By Product (Power Amplifier, Filters, Duplexer), By Application (Consumer Electronics, Military, Automotive), And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global radio frequency components market size is expected to reach USD 45.05 billion by 2025 registering a CAGR of 14%

High demand for devices capable of establishing direct wireless connectivity with the internet, including smartphones, tablets, smartwatch, drones, smart television, and smart homes devices is anticipated to drive the market over the forecast period. Technological evolution in the field of wireless communication and developments in materials used for manufacturing RF components, such as Gallium Arsenide (GaAs) and Silicon Germanium (SiGe), is also expected to augment market growth.

These materials allow the integration of digital and analog electronics into a single chip, thus lowering the cost of the components manufactured. These components find applications in several industries including military, automotive, and consumer electronics. The consumer electronics application segment is estimated to witness substantial growth in coming years owing to increasing consumer spending on electronic devices, such as tablets, personal computers, laptops, and smartphones, as a result of rising disposable income levels.

Moreover, the development of innovative RF technologies offer products with a dynamic power range, higher frequencies, and lower noise parameters, enabling design of next-generation electronic components. Increasing popularity and adoption of high-speed networks, such as 4G and 5G, have significantly impacted the product demand.

According to the International Telecommunication Union (ITU), the global mobile cellular telephone subscriptions gradually rose from 7,181 million in 2015 to 8,160 million in 2018. Moreover, the number of internet users stood at 3,170 million globally in 2015, which further increased to 3,896 million in 2018.

The trend, showing a steady rise in the number of subscribers of internet and mobile cellular telephone across the globe, is likely to have a positive impact on the growth prospects of the market in near future. Escalating demand for wireless communication solutions, including 5G, to enable wider channel bandwidths and greater data capacity than current or previous generation networks has resulted in the increased need for advanced RF solutions, such as switches, integrated modules, phase shifters, and other high-performance RF solutions.

Furthermore, operating frequency of 5G ranges from 24 GHz to 95 GHz, providing high-data-rate wireless connections, such as 4K/8K ultra High-Definition (HD) TV streaming. Due to this, there is an increased demand for RF components in wireless devices to offer greater coverage area and reduced latency of 5G networks. On the other hand, rise in the prices of raw materials is expected to negatively hamper the market growth. Based on competitive dynamics, the vendor landscape of the RF components market is highly fragmented in nature, resulting in intense competition by key companies and causing variation in price margins.

Prominent companies in the market include Taiwan Semiconductor Manufacturing Co. Ltd., Texas Instruments, Inc., Renesas Electronics Corp., and NXP Semiconductors N.V.

Further key findings from the study suggest:

  • The power amplifiers product segment accounted for over 30% of the overall share in 2018 and will expand further over the forecast period due to increased demand for 4G handsets
  • Filters segment is also likely to grow significantly due to wide usage of mobile computing devices and need to support various network spectrums for efficient coordination of wireless communication devices
  • Consumer electronics application accounted over 60% of the overall share in 2018 and will attain a substantial growth from 2019 to 2025
  • Increased consumer spending on smartphones, tablets, smart homes, and several other portable electronic devices is anticipated to be the key factor driving the consumer electronics segment
  • North America accounted for around 28% of the global revenue in 2018. High demand for better mobility solutions is anticipated to drive the regional market further
  • Asia Pacific is expected to be the fastest-growing RF components market from 2019 to 2025 due to increasing adoption of improved connectivity solutions and growing number of internet users in the region
  • Industry participants compete on the basis of development of efficient components that offer faster access to high performance, mobile data, cost effectiveness, and flexibility to support the corresponding solution

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Radio Frequency Components Industry Outlook

3.1. Market Segmentation

3.2. Market Size and Growth Prospects, 2014 - 2025

3.3. Value Chain Analysis

3.4. Market Dynamics

3.4.1. Market driver analysis

3.4.2. Market restraint analysis

3.4.3. Market opportunity analysis

3.5. Penetration and Growth Prospect Mapping

3.6. Industry Analysis - Porter's Five Forces Analysis

3.6.1. Buying Power

3.6.2. Supplier Power

3.6.3. Industry Rivalry

3.6.4. Threat of Substitutes

3.6.5. Threat of New Entrants

3.7. Company Market Share Analysis, 2018

3.8. PEST Analysis

3.8.1. Political Landscape

3.8.2. Environmental Landscape

3.8.3. Social Landscape

3.8.4. Technological Landscape

Chapter 4. Radio Frequency Components Market: Product Outlook

4.1. Global Radio Frequency Components Market Estimates And Forecasts, By Product, 2018 & 2025 (USD Million)

4.2. Filters

4.3. Duplexer

4.4. Power Amplifiers

4.5. Antenna Switches

4.6. Modulators & Demodulators

Chapter 5. RF Components Market: Application Outlook

5.1. Global RF Components Market Estimates And Forecasts, By Application, 2018 & 2025 (USD Million)

5.2. Consumer electronics

5.2.3. Mobile phones

5.2.4. Tablets

5.2.5. Smart TVs & set top boxes

5.2.6. Laptops & notebooks

5.3. Automotive

5.4. Military

5.5. Wireless communication

Chapter 6. RF Components Market: Regional Outlook

6.1. Global RF Components Market Estimates And Forecasts, By Region, 2018 & 2025 (USD Million)

Chapter 7. Competitive Landscape

  • Broadcom, Inc.
  • TDK Corporation
  • NXP Semiconductors N.V.
  • Fujitsu Ltd.
  • International Quantum Epitaxy Plc
  • Murata Manufacturing Co., Ltd
  • Unisoc Communication Inc.
  • Renesas Electronics Corporation
  • Skyworks Solution Inc.
  • ROHM Co., Ltd
  • Texas Instruments Inc.
  • Taiwan Semiconductor Manufacturing Company Limited
  • Toshiba Electronics Devices & Storage Corporation

For more information about this report visit https://www.researchandmarkets.com/r/89ss00

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Hardware