DUBLIN--(BUSINESS WIRE)--The "RF Transceiver Market Research Report: By Design, Type, Application, Vertical - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global RF transceiver market is projected to reach a value of $18.5 billion by 2024, increasing rapidly from $9.8 billion in 2018, and is expected to exhibit an 11.6% CAGR during the forecast period, 2019-2024
The adoption of smartphones across the globe has been rising continuously since the past few years. This can be ascribed to the increased penetration of internet, rising disposable income of people, and rapid digitalization all over the world. Asia-Pacific is one of the major smartphones market due to the large consumer base. In addition to all this, the recent emergence of 5G is also predicted to drive the demand for smartphones. Since radio frequency (RF) transceivers are a major part of these devices, their requirement has also been increasing due to the rising adoption of smartphones.
In a smartphone, RF transceivers are responsible for the reception and conversion of signal from the air, on the receiver side, and transmission of the converted RF signal into the air, on the transmitter side. The devices works in a similar way for all the other connected devices that it is utilized in.
When design is considered, RF transceivers are of two types, namely standalone chip transceiver and single chip transceiver. Between these two, single chip transceivers have been more popular, as they consume less power and enable low voltage operations in wireless systems. These transceivers are extensively being utilized for telemetry communication and wireless body area network in the healthcare industry. Apart from mobile devices, RF transceivers also find applications in embedded modules, add-on-cards, and networking equipment. The largest demand for these devices was created by mobiles phones and the situation is expected to be the same in the years to come.
As mentioned above, this is due to the increasing adoption of smartphones among people across all the regions and the growing utilization of 3G and 4G networks. A number of industries make use of RF transceivers, including cable/broadcasting, consumer electronics, military & defense, telecommunications, healthcare, and aerospace.
Among these, the consumer electronics industry has been making the most use of these devices, which can be owing to the growing demand for surveillance systems, tablets, gaming consoles, networking equipment, and laptops. Other than this, the demand for RF transceivers is also expected to rise significantly in the telecommunications in the years to come.
Geographically, the Asia-Pacific (APAC) region has been the major RF transceiver market up till now, which is primarily attributed to the expanding telecommunications and consumer electronics industry. In addition to this, the growing demand for smartphones, increasing penetration of the internet of things technology, surging consumer spending, swift adoption of wireless communication devices, and adoption of automated means of marketing are also resulting in the growing demand for RF transceivers in the region.
The major applications of these devices in APAC are home automation, smart farming, building security systems, and tracking systems.
Hence, the demand for RF transceivers is growing due to the surging penetration of smartphones across the globe and increasing disposable income of people.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Assumptions for the Study
2.7 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Design
220.127.116.11 Single-chip transceiver
18.104.22.168 Standalone-chip transceiver
4.1.2 By Type
22.214.171.124 5G transceiver
126.96.36.199 4G transceiver
188.8.131.52 3G transceiver
184.108.40.206 2G transceiver
4.1.3 By Application
220.127.116.11 Mobile devices
18.104.22.168 Add-on cards
22.214.171.124 Embedded modules
4.1.4 By Vertical
126.96.36.199 Consumer electronics
188.8.131.52 Military & defense
4.2 Value Chain Analysis
4.3 Market Dynamics
184.108.40.206 Growing demand for wideband transceivers
220.127.116.11 Growing demand for mobile devices
18.104.22.168 Rising adoption of internet of things (IoT)
22.214.171.124 Impact analysis of drivers on market forecast
126.96.36.199 Advancement in communication technology
4.1 Impact of COVID-19
4.1.1 Supply-Side Analysis
4.1.2 Demand-Side Analysis
4.1.3 Assessment of COVID-19 Impact on GDP of Various Economies
188.8.131.52 GDP growth rate (2019)
184.108.40.206 GDP growth rate (2020)
220.127.116.11 GDP growth rate projection for 2021
4.2 Porter's Five Forces Analysis
Chapter 5. Global Market Size and Forecast
5.1 By Design
5.2 By Type
5.3 By Application
5.4 By Vertical
5.5 By Region
Chapter 6. APAC Market Size and Forecast
Chapter 7. North America Market Size and Forecast
Chapter 8. Europe Market Size and Forecast
Chapter 9. MEA Market Size and Forecast
Chapter 10. LATAM Market Size and Forecast
Chapter 11. Competitive Landscape
11.1 List of Players and Their Offerings
11.2 Competitive Benchmarking of Key Players
11.3 Market Share Analysis of Key Players
11.4 Strategic Developments of Market Players
Chapter 12. Company Profiles
12.1 Business Overview
12.2 Product and Service Offerings
12.3 Key Financial Summary
- Infineon Technologies AG
- Texas Instruments Incorporated
- Analog Devices Inc.
- STMicroelectronics N.V.
- Qorvo Inc.
- Broadcom Inc.
- Qualcomm Incorporated
- Telefonaktiebolaget LM Ericsson
- Skyworks Solutions Inc.
- Samsung Electronics Co. Ltd.
- On Semiconductor Corporation
- NXP Semiconductors N.V.
- Nokia Corporation
- Murata Manufacturing Co. Ltd.
- Huawei Technologies Co. Ltd.
- Fujitsu Limited
- ZTE CORPORATION
For more information about this report visit https://www.researchandmarkets.com/r/ieemxt