Radio Frequency (RF) Components Market Size, Share & Trends Analysis Report By Product (Power Amplifier, Filters, Duplexer), By Application (Consumer Electronics, Military, Automotive), And Segment Forecasts, 2019 - 2025

Published: May, 2019 | Pages: 130 | Publisher: Grand View Research
Industry: Semiconductors | Report Format: Electronic (PDF)

The global radio frequency components market size is expected to reach USD 45.05 billion by 2025 registering a CAGR of 14%, according to a new study by Grand View Research, Inc. High demand for devices capable of establishing direct wireless connectivity with the internet, including smartphones, tablets, smartwatch, drones, smart television, and smart homes devices is anticipated to drive the market over the forecast period. Technological evolution in the field of wireless communication and developments in materials used for manufacturing RF components, such as Gallium Arsenide (GaAs) and Silicon Germanium (SiGe), is also expected to augment market growth.

These materials allow the integration of digital and analog electronics into a single chip, thus lowering the cost of the components manufactured. These components find applications in several industries including military, automotive, and consumer electronics. The consumer electronics application segment is estimated to witness substantial growth in coming years owing to increasing consumer spending on electronic devices, such as tablets, personal computers, laptops, and smartphones, as a result of rising disposable income levels. Moreover, the development of innovative RF technologies offer products with a dynamic power range, higher frequencies, and lower noise parameters, enabling design of next-generation electronic components. Increasing popularity and adoption of high-speed networks, such as 4G and 5G, have significantly impacted the product demand.

According to the International Telecommunication Union (ITU), the global mobile cellular telephone subscriptions gradually rose from 7,181 million in 2015 to 8,160 million in 2018. Moreover, the number of internet users stood at 3,170 million globally in 2015, which further increased to 3,896 million in 2018. The trend, showing a steady rise in the number of subscribers of internet andmobile cellular telephone across the globe, is likely to have a positive impact on the growth prospects of the market in near future. Escalating demand for wireless communication solutions, including 5G, to enable wider channel bandwidths and greater data capacity than current or previous generation networks has resulted in the increased need for advanced RF solutions, such as switches, integrated modules, phase shifters, and other high-performance RF solutions.

Furthermore, operating frequency of 5G ranges from 24 GHz to 95 GHz, providing high-data-rate wireless connections, such as 4K/8K ultra High-Definition (HD) TV streaming. Due to this, there is an increased demand for RF components in wireless devices to offer greater coverage area and reduced latency of 5G networks. On the other hand, rise in the prices of raw materials is expected to negatively hamper the market growth. Based on competitive dynamics, the vendor landscape of the RF components market is highly fragmented in nature, resulting in intense competition by key companies and causing variation in price margins. Prominent companies in the market include Taiwan Semiconductor Manufacturing Co. Ltd.; Texas Instruments, Inc.; Renesas Electronics Corp.; and NXP Semiconductors N.V.

Further key findings from the study suggest:

• The power amplifiers product segment accounted for over 30% of the overall share in 2018 and will expand further over the forecast period due to increased demand for 4G handsets

• Filters segment is also likely to grow significantly due to wide usage of mobile computing devices and need to support various network spectrums for efficient coordination of wireless communication devices

• Consumer electronics application accounted over 60% of the overall share in 2018 and will attain a substantial growth from 2019 to 2025

• Increased consumer spending on smartphones, tablets, smart homes, and several other portable electronic devices is anticipated to be the key factor driving the consumer electronics segment

• North America accounted for around 28% of the global revenue in 2018. High demand for better mobility solutions is anticipated to drive the regional market further

• Asia Pacific is expected to be the fastest-growing RF components market from 2019 to 2025 due to increasing adoption of improved connectivity solutions and growing number of internet users in the region

• Key companies in this industry include Aixtron SE, NXP Semiconductors; Avago Technologies Ltd.; RF Axis; Texas Instruments, Inc.; STMicroelectronics Fujitsu Ltd.; Freescale Semiconductor, Inc.; and Renesas Electronics Corporation

• Industry participants compete on the basis of development of efficient components that offer faster access to high performance, mobile data, cost effectiveness, and flexibility to support the corresponding solution

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope & Assumptions
                    1.3. List of Data Sources

Chapter 2. Executive Summary

Chapter 3. Radio Frequency Components Industry Outlook
                    3.1. Market Segmentation
                    3.2. Market Size and Growth Prospects, 2014 - 2025
                    3.3. Value Chain Analysis
                    3.4. Market Dynamics
                         3.4.1. Market driver analysis
                         3.4.2. Market restraint analysis
                         3.4.3. Market opportunity analysis
                    3.5. Penetration and Growth Prospect Mapping
                    3.6. Industry Analysis - Porter's Five Forces Analysis
                         3.6.1. Buying Power
                         3.6.2. Supplier Power
                         3.6.3. Industry Rivalry 
                         3.6.4. Threat of Substitutes
                         3.6.5. Threat of New Entrants 
                    3.7. Company Market Share Analysis, 2018
                    3.8. PEST Analysis
                         3.8.1. Political Landscape
                         3.8.2. Environmental Landscape
                         3.8.3. Social Landscape
                         3.8.4. Technological Landscape

Chapter 4. Radio Frequency Components Market: Product Outlook
                    4.1. Global Radio Frequency Components Market Estimates And Forecasts, By Product, 2018 & 2025 (USD Million)
                    4.2. Filters
                         4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         4.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    4.3. Duplexer
                         4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         4.3.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    4.4. Power Amplifiers
                         4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         4.4.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    4.5. Antenna Switches
                         4.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         4.5.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    4.6. Modulators & Demodulators
                         4.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         4.6.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)

Chapter 5. RF Components Market: Application Outlook
                    5.1. Global RF Components Market Estimates And Forecasts, By Application, 2018 & 2025 (USD Million)
                    5.2. Consumer electronics
                         5.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         5.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                         5.2.3. Mobile phones
                              5.2.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              5.2.3.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                         5.2.4. Tablets
                              5.2.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              5.2.4.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                         5.2.5. Smart TVs & set top boxes
                              5.2.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              5.2.5.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                         5.2.6. Laptops & notebooks
                              5.2.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              5.2.6.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    5.3. Automotive
                         5.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         5.3.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    5.4. Military
                         5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         5.4.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    5.5. Wireless communication
                         5.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         5.5.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)

Chapter 6. RF Components Market: Regional Outlook
                    6.1. Global RF Components Market Estimates And Forecasts, By Region, 2018 & 2025 (USD Million)
                    6.2. North America
                         6.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         6.2.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                         6.2.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.2.4. U.S.
                              6.2.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.2.4.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.2.4.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.2.5. Canada
                              6.2.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.2.5.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.2.5.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                    6.3. Europe
                         6.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         6.3.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                         6.3.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.3.4. U.K.
                              6.3.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.3.4.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.3.4.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.3.5. Germany
                              6.3.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.3.5.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                    6.4. Asia Pacific
                         6.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         6.4.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                         6.4.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.4.4. China
                              6.4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.4.4.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.4.4.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.4.5. India
                              6.4.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.4.5.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.4.5.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.4.6. Japan
                              6.4.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.4.6.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.4.6.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                    6.5. Latin America
                         6.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         6.5.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                         6.5.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                         6.5.4. Brazil
                              6.5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                              6.5.4.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                              6.5.4.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)
                    6.6. Middle East & Africa
                         6.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                         6.6.2. Market estimates and forecasts by product, 2014 - 2025 (USD Million)
                         6.6.3. Market estimates and forecasts by application, 2014 - 2025 (USD Million)

Chapter 7. Competitive Landscape
                    7.1. Broadcom, Inc.
                         7.1.1. Company overview
                         7.1.2. Financial performance
                         7.1.3. Product benchmarking
                         7.1.4. Recent developments
                    7.2. TDK Corporation
                         7.2.1. Company overview
                         7.2.2. Financial performance
                         7.2.3. Product benchmarking
                         7.2.4. Recent developments
                    7.3. NXP Semiconductors N.V.
                         7.3.1. Company overview
                         7.3.2. Financial performance
                         7.3.3. Product benchmarking
                         7.3.4. Recent developments
                    7.4. Fujitsu Ltd.
                         7.4.1. Company overview
                         7.4.2. Financial performance
                         7.4.3. Product benchmarking
                         7.4.4. Recent developments
                    7.5. International Quantum Epitaxy Plc
                         7.5.1. Company overview
                         7.5.2. Financial performance
                         7.5.3. Product benchmarking
                         7.5.4. Recent developments
                    7.6. Murata Manufacturing Co., Ltd
                         7.6.1. Company overview
                         7.6.2. Financial performance
                         7.6.3. Product benchmarking
                         7.6.4. Recent developments
                    7.7. Unisoc Communication Inc.
                         7.7.1. Company overview
                         7.7.2. Financial performance
                         7.7.3. Product benchmarking
                         7.7.4. Recent developments
                    7.8. Renesas Electronics Corporation 
                         7.8.1. Company overview
                         7.8.2. Financial performance
                         7.8.3. Product benchmarking
                         7.8.4. Recent developments
                    7.9. Skyworks Solution Inc.
                         7.9.1. Company overview
                         7.9.2. Financial performance
                         7.9.3. Product benchmarking
                         7.9.4. Recent developments
                    7.10. Skyworks Solution Inc.
                         7.10.1. Company overview
                         7.10.2. Financial performance
                         7.10.3. Product benchmarking
                         7.10.4. Recent developments
                    7.11. ROHM Co., Ltd
                         7.11.1. Company overview
                         7.11.2. Financial performance
                         7.11.3. Product benchmarking
                         7.11.4. Recent developments
                    7.12. Texas Instruments Inc.
                         7.12.1. Company overview
                         7.12.2. Financial performance
                         7.12.3. Product benchmarking
                         7.12.4. Recent developments
                    7.13. Taiwan Semiconductor Manufacturing Company Limited
                         7.13.1. Company overview
                         7.13.2. Financial performance
                         7.13.3. Product benchmarking
                         7.13.4. Recent developments
                    7.14. Toshiba Electronics Devices & Storage Corporation 
                         7.14.1. Company overview
                         7.14.2. Financial performance
                         7.14.3. Product benchmarking
                         7.14.4. Recent developments

List of Tables

TABLE 1 RF components - Industry snapshot & key buying criteria, 2012 - 2022
TABLE 2 Global RF components market, 2012 - 2022 (USD Million)
TABLE 3 Global RF components market by region, 2012 - 2022 (USD Million)
TABLE 4 Global RF components market by product, 2012 - 2022 (USD Million)
TABLE 5 Global RF components market by application, 2012 - 2022 (USD Million)
TABLE 6 Global RF components market by consumer electronics, 2012 - 2022 (USD Million)
TABLE 7 RF components - Key market driver impact
TABLE 8 RF components - Key market restraint impact
TABLE 9 Filters market, 2012 - 2022 (USD Million)
TABLE 10 Filters market by region, 2012 - 2022 (USD Million)
TABLE 11 Duplexer market, 2012 - 2022 (USD Million)
TABLE 12 Duplexer market by region, 2012 - 2022 (USD Million)
TABLE 13 Power amplifiers market, 2012 - 2022 (USD Million)
TABLE 14 Power amplifiers market by region, 2012 - 2022 (USD Million)
TABLE 15 Antenna switches market, 2012 - 2022 (USD Million)
TABLE 16 Antenna switches market by region, 2012 - 2022 (USD Million)
TABLE 17 Modulators & demodulators market, 2012 - 2022 (USD Million)
TABLE 18 Modulators & demodulators market by region, 2012 - 2022 (USD Million)
TABLE 19 Others market, 2012 - 2022 (USD Million)
TABLE 20 Others market by region, 2012 - 2022 (USD Million)
TABLE 21 RF components demand in consumer electronics market, 2012 - 2022 (USD Million)
TABLE 22 RF components demand in consumer electronics by region, 2012 - 2022 (USD Million)
TABLE 23 RF components demand in mobile phones, 2012 - 2022 (USD Million)
TABLE 24 RF components demand in by region, 2012 - 2022 (USD Million)
TABLE 25 RF components demand in tablets, 2012 - 2022 (USD Million)
TABLE 26 RF components demand in tablets by region, 2012 - 2022 (USD Million)
TABLE 27 RF components demand in smart TVs & set top boxes, 2012 - 2022 (USD Million)
TABLE 28 RF components demand in smart TVs & set top boxes by region, 2012 - 2022 (USD Million)
TABLE 29 RF components demand in laptops & notebooks, 2012 - 2022 (USD Million)
TABLE 30 RF components demand in laptops & notebooks by region, 2012 - 2022 (USD Million)
TABLE 31 RF components demand in automotive, 2012 - 2022 (USD Million)
TABLE 32 RF components demand in automotive by region, 2012 - 2022 (USD Million)
TABLE 33 RF components demand in military, 2012 - 2022 (USD Million)
TABLE 34 RF components demand in military by region, 2012 - 2022 (USD Million)
TABLE 35 RF components demand in wireless communication, 2012 - 2022 (USD Million)
TABLE 36 RF components demand in wireless communication by region, 2012 - 2022 (USD Million)
TABLE 37 North America market by product, 2012 - 2022 (USD Million)
TABLE 38 North America market by application, 2012 - 2022 (USD Million)
TABLE 39 U.S. market by product, 2012 - 2022 (USD Million)
TABLE 41 U.S market by application, 2012 - 2022 (USD Million)
TABLE 43 Canada market by product, 2012 - 2022 (USD Million)
TABLE 44 Canada market by application, 2012 - 2022 (USD Million)
TABLE 46 Europe market by product, 2012 - 2022 (USD Million)
TABLE 47 Europe market by application, 2012 - 2022 (USD Million)
TABLE 49 UK market by product, 2012 - 2022 (USD Million)
TABLE 50 UK market by application, 2012 - 2022 (USD Million)
TABLE 52 Germany market by product, 2012 - 2022 (USD Million)
TABLE 53 Germany market by application, 2012 - 2022 (USD Million)
TABLE 55 Asia Pacific market by product, 2012 - 2022 (USD Million)
TABLE 56 Asia Pacific market by application, 2012 - 2022 (USD Million)
TABLE 58 China market by product, 2012 - 2022 (USD Million)
TABLE 59 China market by application, 2012 - 2022 (USD Million)
TABLE 61 India market by product, 2012 - 2022 (USD Million)
TABLE 62 India market by application, 2012 - 2022 (USD Million)
TABLE 64 Japan market by product, 2012 - 2022 (USD Million)
TABLE 65 Japan market by application, 2012 - 2022 (USD Million)
TABLE 67 Latin America market by product, 2012 - 2022 (USD Million)
TABLE 68 Latin America market by application, 2012 - 2022 (USD Million)
TABLE 70 Brazil market by product, 2012 - 2022 (USD Million)
TABLE 71 Brazil market by application, 2012 - 2022 (USD Million)
TABLE 73 MEA market by product, 2012 - 2022 (USD Million)
TABLE 74 MEA market by application, 2012 - 2022 (USD Million)