RF Power Amplifiers Market To Earn USD 24.26 Billion Globally By 2023

Pune, India, July, 2018 /press release/- Market Research Future Published a Cooked Research Report on Global RF Power Amplifier Market Research Report.

The need for more bandwidth and wider frequency ranges has augmented the demand for RF power amplifiers globally. RF amplifier are tuned amplifiers that intensify the high frequency signals used in radio communications. The RF power amplifiers are used typically in the core parts of all the base stations in mobile and cellular wireless infrastructure. The cellular network market has witnessed a huge expansion and development due to the introduction of the first modern mobile phone systems, and a stable rise in the number of subscribers and higher data rates. This trend has favorably led to the surge in demand of the market.

The market is anticipated to earn revenues worth USD 24.26 billion while expanding at a CAGR of 13.37 percent in the forecast period from 2017 to 2023. The modern mobile communication systems which require high-frequency ranges due to the availability of large bandwidths is fuelling the growth of the market significantly. The escalating usage of RF power amplifier in RF transmitters is raising the demand being directed towards the market. The shift of network service providers from 2G to 3G and then to LTE is further escalating the demand for RF amplifiers. Due to the growing implementation of the concept of Internet of Things, the use of the internet is rising which is projected to improve device to device relationship. The use of RF power amplifiers in several internet of things connected products to grow their efficiency is another growth driver for the market. Moreover, the rising number of IoT connected devices is boosting the demand for RF power amplifiers to a great extent. Thus, the trend focused on improving RF efficiency in the connected devices is enhancing the market’s growth.

Furthermore, the intensifying penetration of smartphones, laptops, wearable devices, tablets, and other gadgets is furthering the demand for RF power amplifiers. Smartphones are among the chief contributors to the RF power amplifier market.  As surface mount technology packages are being used for printed circuit designed RF power amplifiers, they are also expected to contribute significantly to the market’s growth in the duration of the forecast period.

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Segmental Analysis

The RF power amplifier market globally is segmented into frequency, raw material, application and packaging type. On the basis of frequency, the market is segmented into <10 GHz, 20-30 GHz, 10-20 GHz, 30-60 GHz, and 60+ GHz. The 30-60 GHz is controlling the RF power amplifier market and is also estimated to develop at a rapid 17.62 percent CAGR during the forecast period. By raw materials, the RF power amplifier market is segmented into silicon germanium, silicon, gallium nitride, gallium arsenide, and others. The software segment is leading the market in 2017 and is anticipated to develop at a robust 13.43 percent CAGR during the forecast period. The packaging type segment of the market is segmented into die, standalone/ rack mount, surface mount, and others. The segment of surface mount is anticipated to achieve revenues worth USD 11.877 Million in the forecast period. The segmentation of the market on the basis of application consists of consumer electronics, aerospace & defense, medical, automotive, and others. Consumer electronics is anticipated to be the fastest growing segment at a 17.64 percent CAGR during the forecast period.

Detailed

Regional Analysis

The regional market for RF power amplifiers consists of regions such as Asia Pacific, North America, Europe, and Rest of the World. The Asia Pacific region is controlling the RF power amplifier market shadowed by the North American, and European region. The Asia Pacific region is the principal market for RF power amplifiers. It is a technically advanced region which has a developing infrastructure. Nations such as China have produced the maximum revenue of USD 1,534.7 Million in 2017 and is anticipated to develop with a robust CAGR of 18.58 percent during the forecast period. It is trailed by South Korea, Taiwan, and Japan. The North American region is the next major market for RF power amplifiers.  Nations such as the U.S. have generated the maximum revenue of USD 2,967.2 Million in 2017 and are estimated to develop with a 15.57 percent CAGR over the forecast period.

Competitive Analysis

A limited number of players dominate the RF power amplifier market. Increasing demand for cellular networks is motivating the RF power amplifier market while creating a highly competitive landscape. The companies in the market are innovating in product development which is then applied to their entire value chain. They also are also emphasizing on upholding the quality of products and are investing in expansion through strategic partnerships. Qualcomm, Inc., Toshiba Corporation, NXP Semiconductors, Infineon Technologies, Analog Devices, Inc., Broadcom Pte. Ltd., Skyworks Solutions, Inc., Mitsubishi Corporation, Murata Manufacturing Co., Ltd., and II-VI, Inc are a few of the noteworthy contenders in the market.