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RF Components Market Share

Report ID: GMI3829
Published Date: Jan 2022
Report Format: PDF

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RF Components Market Share

Key companies operating in the RF components market include:

Analog Devices Inc
Infineon Technologies AG
Broadcom Inc
NXP Semiconductors N.V
OnMicro Electronics Co Ltd
Qorvo Inc
TDK Corporation
STMicroelectronics Texas Instruments Incorporated

These market leaders are highly emphasizing on new product development and innovations to cater to high competitiveness in the industry.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The global market size of radio frequency (RF) components had surpassed USD 15 billion in 2021 and will register a 16% CAGR through 2028 due to rising penetration of industrial robotics and automation solutions across the manufacturing and processing sectors.

Radio frequency (RF) components, including RF amplifiers, transistors, diodes, and filters, are integrated into industrial robots to cater to uses in wireless connectivity applications.

The consumer electronics end-user segment held close to 40% of revenue share in 2021 and will record a CAGR of around 17% up to 2028 driven by increasing usage in smartphones, tablets, laptops, and wearable electronics.

Asia Pacific accounted for close to 50% of the market share in 2021 and is anticipated to expand at nearly 18.5% CAGR through 2028 owing to the rising investments by regional telecom operators to integrate 5G communication networks in China, South Korea, Japan, and India.