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RF Power Semiconductor Market Outlook, SWOT Analysis – 2027

RF Power Semiconductor Market

RF Power Semiconductor Market is expected to create an incremental opportunity of US$ 10,817.6 Mn between 2018 and 2027 and projected to grow at a CAGR of 12% during the period 2018 to 2027. Rapid advancements in the telecommunications and electronics industries are boosting global market demand for RF power semiconductors. RF power semiconductors are critical in ensuring bandwidth and functionality enhancement as well as reducing production and development costs of network infrastructure and consumer electronic devices. There is increasing deployment of RF power semiconductors in testing, measurement, and communication systems owing to inherent features such as low noise, high linearity, and low consumption of power.

Global importance of power efficiency coupled with growing penetration of critical networking technologies has created lucrative growth opportunities in the global RF power semiconductor market. FMI’s report tracks the global demand and adoption scenario of RF power modules and devices including RF power amplifiers, RF duplexers, RF filters, RF switches, and several other devices used across key industry sectors such as 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.

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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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About Future Market Insights (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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