RF Components Market is Expected to Grow Rapidly Due To Growing Adoption Of Consumer Electronics by 2022 by sonali_86 · December 24 Tyler Toffoli Kings Jersey , 2018
San Francisco, 24 December 2018:聽The Report聽Radio Frequency (RF) Components Market聽Analysis By Product (Filters, Duplexer, Power amplifiers, Antenna Switches, Modulators & Demodulators) Tanner Pearson Kings Jersey , By Application (Consumer Electronics, Automotive, Military, Wireless Communication) And Segment Forecasts To 2022
The global聽Radio Frequency (RF) components market聽is expected to reach USD 17.54 billion by 2022, according to a new study by Grand View Research, Inc. Growing adoption of consumer electronics including smartphones Nate Thompson Kings Jersey , tablets, notebooks, set top boxes and smart televisions is estimated to fuel industry growth over the next few years. Rising consumer disposable income particularly in developing countries like India and Brazil pared with overall improvement in global economy may elevate demand significantly. Technological advancements in the field of wireless communication and development in materials used for manufacturing RF components such as Silicon Germanium (SiGe) and Gallium Arsenide (GaAs) is also expected to drive industry growth.
Increasing popularity and adoption of high speed networks such as 3G and 4G have significantly impacted demand for RF components. Technological advancement enhancing antenna efficiency by replacing traditional filters with advanced tunable filter may escalate demand over the next seven years. The industry is poised for growth owing to increasing demand across automotive industry. Increasing efforts for development of advanced and innovative wireless infrastructure may also propel product demand.
Access Research Report of RF Components Market@聽 Further key findings from the study suggest:
Power amplifiers segment accounted for over 30% of the overall share in 2014, which is expected to increase over the next few years owing to increasing prevalence of mixed-mode 3G4G handsets coupled with growing emphasis on LTE concept. Antenna switches is estimated to exhibit rapid growth over the coming years, which may be primarily attributed to increasing experimentation with switch architectures particularly in higher end handsets. Growing number of 3G4G handsets is anticipated to broadly contribute to this rapid growth. Consumer electronics segment accounted for more than 60% of the global revenue in 2014, which is estimated to increase over the coming years owing to rising consumer disposable income resulting in increasing adoption of consumer electronic products. Increasing consumer spending for smartphone Derek Forbort Kings Jersey , tablets and other portable electronic devices may spur demand. North America accounted for over 30% of the global revenue in 2014. Increasing demand for better mobility solutions is estimated to drive regional market growth. Asia Pacific RF components market is estimated to exhibit dramatic growth over the coming years attributing to increasing adoption of improved connectivity solutions in the region. Key players in this industry include Avago Technologies Ltd., Aixtron SE, NXP Semiconductors, RF Axis, STMicroelectronics, Texas Instruments Alex Iafallo Kings Jersey , Renesas Electronics Corporation, Fujitsu Limited, and Freescale Semiconductor Inc. Industry participants compete on the basis of development of components that offer faster access to mobile data, high performance, cost and flexibility to support the corresponding solution. Browse more reports of this category by Grand View Research at:聽 Grand View Research has segmented the global radio frequency components market on the basis of product, application and region: RF Components Product Outlook (Revenue Ilya Kovalchuk Kings Jersey , USD Million, 2012 – 2022)
Filters Duplexer Power amplifiers Antenna switches Modulators & demodulators RF Components Application Outlook (Revenue, USD Million, 2012 – 2022)
Consumer electronics Automotive Military Wireless communication RF Components Regional Outlook (Revenue, USD Million, 2012 – 2022)
North America Europe Asia Pacific Latin America Middle East & Africa Access Press Release of RF Components Market@聽 About Grand View Research Grand View Research Adrian Kempe Kings Jersey , Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The聽company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals Oscar Fantenberg Kings Jersey , materials and healthcare.
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