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Radio Frequency Components Market Estimated to Cross US$ 50,052.6 Mn by 2030

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The worldwide Radio Frequency Components market measurement is anticipated to achieve USD 50,052.6 million by 2030 and is anticipated to increase at a CAGR of 16% from 2021 to 2030

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Growth Factors

 Continuous innovations and advancements in mobile handset technology owing to continuing transition from 2G, 3G to 4G/LTE, LTE-Advanced, LTE-Advanced Pro, and 5G lead to the rising need for maximizing power efficiency and spectrum range of the mobile devices. This, in turn, is expected to spur the demand for RF components in the forecast period.

IoT solutions require enhanced wireless connectivity, thereby driving the need for new and advanced RF components. Moreover, increasing sales of smartphones owing to constant product development offering improved performance, biosensors, long battery life, and more AI features and increasing popularity of low-end smartphones in emerging countries will boost the RF components market.

Report Coverage

Report Scope Details
Market Size US$ 50,052.6 Mn by 2030
Growth Rate CAGR of 16% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Broadcom, Inc.; Fujitsu Limited; International Quantum Epitaxy Plc; NXP Semiconductors N.V.; Renesas Electronics Corporation; Murata Manufacturing Co. Limited; Taiwan Semiconductor Manufacturing Co. Limited; Texas Instruments, Inc.; and TDK Corporation.

By Product Analysis

Based on the product, the market has been segmented into filters, duplexers, power amplifiers, antenna switches, and modulators and demodulators. The power amplifiers segment held over 31% of the overall market share in 2020. It is expected to witness significant growth over the forecast period as well. Increasing applications of power amplifiers in HDTV, GSM, Radar, Point-to-Point Microwave, LTE & 5G signal amplification, etc.

By Application Analysis

Based on the application, the market has been segmented into consumer electronics, automotive, military, and wireless communication. The consumer electronics segment accounted for more than 60.05% of the overall market in 2020. The segment is further expected to witness substantial growth over the forecast period.

government mandates for the installation of set-top boxes in the number of countries is estimated to fuel the segment growth further. The automotive sector is also anticipated to witness rapid growth from 2021 to 2030 owing to increasing demand for connectivity features, such as navigation systems, Bluetooth, location tracker, music system, and central locking systems, in vehicles.

By Regional Analysis

North America emerged as the leading regional market in 2020 due to the quick adoption of advanced technologies and a well-established telecommunication sector in the region. According to the International Telecommunication Union (ITU), in 2016, the percentage of individuals using the internet in the U.S. and Canada stood at 76.17% and 91.16% respectively.

This growth is attributed to rising disposable income and the resultant rise in the adoption of consumer electronics with connectivity features. Rising demand for better connectivity and mobility solutions along with an increasing number of internet users in the region is also anticipated to drive the market. 

Key Players

Broadcom, Inc.; Fujitsu Limited; International Quantum Epitaxy Plc; NXP Semiconductors N.V.; Renesas Electronics Corporation; Murata Manufacturing Co. Limited; Taiwan Semiconductor Manufacturing Co. Limited; Texas Instruments, Inc.; and TDK Corporation.

Market Segmentation

  • Product
    • Filters
    • Duplexer
    • Power Amplifiers
    • Antenna Switches
    • Modulators & Demodulators
    • Others
  • Application
    • Consumer electronics
      • Mobile phones
      • Tablets
      • Smart TVs & set-top boxes
      • Laptops & notebooks
    • Automotive
    • Military
    • Wireless Communication
  • Regional
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa (MEA)

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Radio Frequency Components Market, By Product

7.1.  Radio Frequency Components Market, by Product, 2021-2030

7.1.1.    Filters

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Duplexer

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Power Amplifiers

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Antenna Switches

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Modulators & Demodulators

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Radio Frequency Components Market, By Application

8.1.  Radio Frequency Components Market, by Application, 2021-2030

8.1.1.    Consumer electronics

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Automotive

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Military

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Wireless Communication

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Radio Frequency Components Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Broadcom, Inc.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Fujitsu Limited

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              International Quantum Epitaxy Plc

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              NXP Semiconductors N.V

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Renesas Electronics Corporation

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Murata Manufacturing Co

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Taiwan Semiconductor Manufacturing Co. Limited

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Texas Instruments, Inc.

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              TDK Corporation

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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