Growth Opportunities, Leading Players, Regions, Applications, and Forecast to 2027 for the RF Power Semiconductor Market

Between 2018 and 2027, the RF Power Semiconductor Market is anticipated to generate an additional potential worth US$10,817.6 Mn and is anticipated to expand at a CAGR of 12%. The demand for RF power semiconductors is rising due to quick developments in the electronics and telecommunications sectors. In order to improve bandwidth and functionality and lower the cost of manufacturing and developing network infrastructure and consumer electronics, RF power semiconductors are essential. Due to its inherent qualities like low noise, good linearity, and low power consumption, RF power semiconductors are being used more and more in testing, measuring, and communication systems.

The growing prevalence of vital networking technologies and the importance of power efficiency on a worldwide scale have combined to generate lucrative growth prospects in the market for RF power semiconductors. The FMI report tracks the global demand and adoption scenario for RF power modules and devices, such as RF power amplifiers, RF duplexers, RF filters, RF switches, and other devices used in a variety of important industry sectors, including automotive, telecommunications, consumer electronics, and defence & aerospace.

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Increasing traction of 5G networks is another revenue booster in the global RF power semiconductor market. 5G technology has already entered the global telecommunications industry and telcos are migrating their current network infrastructure to high-speed 5G services and networks. Companies in the RF power semiconductor market are manufacturing 5G compatible RF devices in keeping with the increasing application areas in the telecom industry. Further, increasing adoption of 5G services such as autonomous driving, augmented reality and virtual reality, artificial intelligence, and ultra HD video is spurring global demand for and adoption of RF power semiconductors.

Growing adoption of wireless technologies and systems is propelling demand for RF power semiconductors, according to FMI analysis. The rapid proliferation of wireless mobile phone systems and subsequent increase in the global subscription base along with increasing application of wireless technologies is creating significant opportunities for companies in the RF power semiconductor market. The increase in demand for power-efficient semiconductor products has fuelled the adoption of wireless systems. Manufacturers of semiconductor products are focussing on launching safe, cost-optimal, and high-performance RF power semiconductors in the global market.

Key Highlights from FMI’s Analysis and Forecast of the Global RF Power Semiconductor Market

  • Revenue from the sales of RF power amplifiers is expected to surge in the coming years, and FMI estimates indicate this will remain the largest product type in the global RF power semiconductor market.
  • The RF power semiconductor market in Asia Pacific Excluding Japan is expected to be the dominant and most attractive regional market in terms of revenue, with a projected growth rate of 13.1% during 2018 – 2027.
  • Increasing adoption of RF power semiconductors in the telecommunications industry will push revenues significantly in the next few years, with the global RF power semiconductor market projected to grow at a CAGR of 12% during the period 2018 to 2027.

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Key Segments

By Product Type

  • RF Power Amplifiers
  • RF Switches
  • RF Filters
  • RF Duplexers
  • Others RF Devices

By Industry

  • Telecommunication
  • Consumer Electronics
  • Automotive
  • Aerospace & Defence
  • Medical
  • Others

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Western Europe
  • APEJ
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

About FMI             

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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