Radio Frequency Component Market Forecast by Components, Material, End-Users | RFC Market Value US $16 Billion by 2022, at an Estimated CAGR of 16%

“RFC Market”
Global Radio Frequency Component Market, by Components (Filters, Amplifiers, Duplexer), by Material (Silicon, Gallium Arsenide, Indium Phosphide, Nitride), by End-Users (Consumer Electronics, Wireless Communication, Military) – Forecast 2022

Radio Frequency Component Market   – Overview

Radio frequencies are the type of electromagnetic waves which are used for communication purposes. Normally the range lies between 3KHz to 300 MHz. Radio frequency communication is used in many industries like mobile communication, remote controlling devices, radar systems and many more. Radio frequency propagation uses many of the components like filters, amplifiers, duplexer, antenna switches and modulators & demodulators and others.  The radio frequency signals are amplified by radio frequency amplifier which is commonly used in data communications. The frequency of the wave is changed or adjusted as per the requirements, so as to achieve maximum gain which can be obtained by changing capacitance or inductance in the circuit.


The increase in network bandwidth for communication services especially evolution of 5g network which occupies large bandwidth and adoption of 3G and LTE networks in developing markets are driving the market for global Radio Frequency Component Market. The rising usage of set top boxes and advancements in wireless communications are fuelling the market growth. However, the System on Chip (SOC) is getting smaller which is making a direct impact on radio frequency components resulting slow market growth.


Qorvo Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Tsinghua Unigroup (China), Skyworks Solutions, Inc. (U.S.), Broadcom Limited (U.S.), Vectron International, Inc. (U.S.), Danaher Corp. (U.S.), WIN Semiconductors Corp. (Taiwan) and Mitsubishi Electric Corporation (Japan)  are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Radio Frequency Component Market.


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Industry News

February, 2018 – Microsemi Corporation, provider of semiconductor and system solutions for aerospace and Defense launched radio frequency base station ZL70123. The module is specially designed for implantable medical devices which is used for external controlling and monitoring. The module delivers high performance which is built on company’s ultra-low power technology


January, 2018 – MaxLinear, Inc, an American hardware company, launched digital signal processing solutions of 400 Gbps pulse amplitude modulation. This device is capable of providing high speed optical interconnection needs of cloud and enterprise data centers. The integrated laser devices helps in driving the chips and provides access with optical lasers which provides faster way to transfer data without the need for high frequency components.


Radio Frequency Component Market – Segmentation

Segmentation by components: Comprises filters, amplifiers, duplexer, antenna switches and modulators & demodulators

Segmentation by material: Comprises silicon, gallium arsenide, indium phosphide, nitride and others.

Segmentation by end-user: Comprises consumer electronics, automotive, telecommunication and military among others.

Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.


RFC Market – Regional Analysis

The global radio frequency component market is studied for North America, Asia Pacific and Rest of the World. North America is anticipated to hold the major market share through the forecast period. The presence of major players, high technological developments in the area of telecommunications are driving the market in this region. Asia pacific is anticipated to show steep growth during the forecast period. Owing to adoption of technological developments in developing countries like India, China and Taiwan are driving the market. Rapid usage of radio frequency components in consumer electronic devices and in telecommunication industry are fuelling the market growth in this region.


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Radio Frequency Component Market – Competitive Analysis

The Market of radio frequency component appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of radio frequency components are targeting to invest more in technology and research and development activities to innovate their already existing products.


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