In 2017, Market Research Future (MRFR) had estimated the global RF power amplifier market value to be more than USD 11 Bn and this figure is expected to expand more than twofold in the following years. Furthermore, the market can earn revenues worth USD 24.26 billion by 2023, and also achieve a CAGR of 13.37% during the forecast period (2017-2023).
Top Drivers and Primary Barriers
Accelerated demand for an amplified low-power radio-frequency signal (into a high-power signal) has given way to radio-frequency power amplifiers or RF Power Amplifiers. Moreover, soaring demand for RF Power Amplifiers given multiple applications of radio frequencies is now noted across different industry verticals. Hence, companies are now implementing and investing considerably in RF Power Amplifiers.
Mounting demand from cellular networks combined with the increasing adoption of the internet of things (IoT) technology drives market growth to a great extent. Surging adoption of consumer electronics is observed all over the world, but mostly in smartphones and tablets. The consumer electronics market, specifically smartphones, and tablets, can elevate the market position of RF power amplifier in the coming years.
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At present, RF power amplifier manufacturers are increasingly investing in technology advancement. The onus on these companies is to modify legacy models for enhancing operational efficiency. Changing end-user demand is also prompting manufacturers to make size/weight reductions, in addition to elevating the power density of amplifiers. Investment into research and development (R&D) for the development of the next generation of multi-mode RF power amplifiers also works in favor of the worldwide market.
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 are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global RF Power Amplifier Market. The competitive landscape is huge for RF power amplifiers ranging from consumer electronics, aerospace & defense, automotive, medical and others.
The worldwide RF power amplifier market has been segmented with regard to frequency, raw material, application, and packaging type.
Frequency-wise, the market is split into <10 GHz, 20-30 GHz, 10-20 GHz, 30-60 GHz, and 60+ GHz. The 30-60 GHz segment is at the top position in the RF power amplifier market and is estimated to advance at a CAGR of 17.62% during the forecast period.
Depending on the raw materials, the RF power amplifier market comprises silicon, silicon germanium, gallium arsenide, gallium nitride, and others.
The packaging types mentioned in the report are die, standalone/ rack mount, surface mount, and others. The surface mount segment is anticipated to touch a valuation of USD 11.877 Million during the forecast period.
Application-based segments covered in the report are consumer electronics, aerospace & defense, medical, automotive, and others. Between these, the consumer electronics segment is expected to progress at the fastest rate of 17.64% in the forthcoming years.
The RF power amplifiers market is split into the primary regions of Asia Pacific, Europe, North America, as well as the Rest of the World (RoW).
APAC has managed to seize the most significant portion of the global RF power amplifier market, followed by North America and Europe. APAC is a technically advanced region, with steadily developing infrastructure. The market in China in 2017 attained maximum revenue of USD 1,534.7 Million and is poised to grow at a phenomenal rate of 18.58% in the ensuing years. Other significant markets for RF power amplifier in the region are Taiwan, Japan, and South Korea.
North America is the second-largest market for RF power amplifier, with the United States (U.S.) at the forefront of the regional market growth. The country-specific market was worth USD 2,967.2 Million in 2017 and can advance at a growth rate of 15.57 percent in the upcoming years. Fast-paced advancement in the network infrastructure along with expansion of cellular networks and surging M2M communication technology contribute significantly to market growth in the region. Also, mounting demand for RF power amplifier in satellite communication applications can do wonders for the regional market in subsequent years.
Recent years have experienced massive demand for wireless network infrastructure in Europe, which has led to the emergence of wireless mobile phone systems. RF power amplifier market in the region is likely to be presented with a host of opportunities in the near future, given the rising number of subscribers as well as new application areas of the wireless technology.
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- Technology Investors
- Research/Consultancy Firms
- Original equipment manufacturers (OEMs)
- OEM technology solution providers
- Amplifiers Manufacturers
- Amplifiers Suppliers
- Manufacturing Companies
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