Radio Frequency (RF) Components Market to reach a market size of $43.1 billion by 2025

NEW YORK - March 26, 2020 - PRLog -- According to a new report Global Radio Frequency Components Market, published by KBV Research, The Global Radio Frequency (RF) Components Market size is expected to reach $43.1 billion by 2025, rising at a market growth of 14.1% CAGR during the forecast period. Increasing demand for high bandwidth coverage and fast speed on mobile Internet connectivity is driving technological developments in cellular data and wireless communications. These also include the development and deployment of 5G networks. However, the 5G network has a greater reach and a lower latency than that of the previous generations, like most new generations of mobile Internet access.

In 2018, the segment of power amplifiers retained a large market share. The segment is projected to continue this trend over the forecast period also. Increasing power amplifier applications in HDTV, Radar, GSM, Point-to-Point Microwave, LTE & 5G signal amplification, and so on are expected to drive segment progress over the forecast period. The filters segment is projected to grow at the highest CAGR over the forecast years.

In the application segment, the consumer electronics sub segment achieved a larger market share in 2018. The category is expected to experience significant growth during the forecast period. The Radio Frequency Components in Automotive Market is expected to witness a CAGR of 14.8% during (2019 - 2025).

This regional growth in North America is attributed to an increase in disposable income and the resultant increase in the use of consumer electronics with connectivity features. Also expected to drive the market is growing demand for better connectivity and accessibility solutions along with increasing numbers of internet users in the area.

Global Radio Frequency Components Market Segmentation

By Product

• Power Amplifier
• Filters
• Antenna Switches
• Modulators and Demodulators
• Duplexer
• Others

By Application

• Consumer Electronics
• Automotive
• Military
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Fujitsu Limited
• Rohm Semiconductors Co., Ltd.
• Broadcom, Inc.
• Texas Instruments, Inc.
• NXP Semiconductors N.V.
• Murata Manufacturing Co., Ltd.
• Renesas Electronics Corporation
• Toshiba Corporation
• Qualcomm, Inc.
• Mitsubishi Electric Corporation

Full Report: https://www.kbvresearch.com/radio-frequency-components-market/