RF Components Market Size 2019 Global Analysis, Trends, Forecast up to 2025
Category: #tech  By Deepak Pardhi  Date: 2019-08-17
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RF Components Market Size 2019 Global Analysis, Trends, Forecast up to 2025

The power efficiency of these components is one of the major challenges faced by the RF components market. They consume power at a much rapid rate due to which the implementation of efficient power amplifiers is crucial. In addition, to achieve optimum power efficiency, they are being deployed with envelope tracking ICs that ensure power supply management. Companies such as Samsung, Qualcomm, and Qorvo have these ICs as part of their RF product portfolio.

The RF components market has been flourishing in regions of North America and European countries such as the U.S., Canada, the UK, and Germany. Increasing R&D efforts toward high data services and 5G networks are driving industry growth in the region. In Europe, the market is majorly driven by the automotive sector of Germany. In Latin America, the Brazil government has launched Radio Frequency System (RFS) antenna for the tri-sector family, which will reduce the cost of Brazilian operators and increase the bandwidth, range, and better-operating frequency spectrum, ensuring market growth.

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The increasing applications of these components in the automotive and defense sectors are also fueling the RF components market growth. Defense contractors are incorporating more and more EW technology in their products which will create the demand for these components. For instance, Lockheed-Martin is offering electronic warfare capabilities in their planes that will enable them to queue opponent frequencies, suppress radar, etc. Companies, such as Toshiba, are focusing on manufacturing RF components for automotive vehicles.

The key applications of these components such as locking and unlocking car doors, monitoring the pressure of vehicle tires, GPS vehicle tracking systems, cameras, sensors, etc., will drive their demand. In addition, with the automotive industry moving toward autonomous and connected technology, the integration of advanced features such as blind-spot awareness, wireless charging, and voice control is increasingly being adopted, propelling the RF components market.

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The Asia Pacific RF components market is projected to witness exponential growth in the upcoming years driven by economies such as China and India. Stringent regulations by the government of India, will be significant in propelling the market as it has made the deployment of set-top box compulsory. The Chinese government has also taken the initiative of 20 fab new semiconductor projects in which all multinationals have to collaborate with the Government of China for growth in the semiconductor components manufacturing industry by 2020.

Companies are entering into collaborations, strategic partnerships, joint ventures, and acquisitions to strive in the RF components market. For example, in January 2017, Silicon Lab acquired Zentri Inc. and in December 2017, it acquired Z-Wave Technology. This acquisition has led Silicon Lab to have technological advantages in developing more specialized components that can be integrated with IoT technology for smart home solutions. MACOM Technology Solutions entered into a joint venture with a Chinese company, GoerTek, to build 5G services in China.

Methodology used In the RF Components Market Report –

our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the RF components market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • RF components market definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the RF components market
  • Demographics and statistical data

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About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

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