According to a new market report by Lucintel, the future of the RF power semiconductor market looks promising with opportunities in the consumer devices, automotive, telecommunication, and aerospace & defense industries. The global RF power semiconductor market is expected to grow with a CAGR of 8% from 2020 to 2025. The major drivers for this market are advanced RF devices in radar and electronic warfare systems and increasing demand for RF devices for smartphones.
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In this market, filter, power amplifier, switch, low noise amplifier sensors are used in the aerospace market. Lucintel forecasts that filter is expected to witness the highest growth during the forecast period due to an increasing number of filters per device as the adoption of advanced technologies such as 5G increases.
Within this market, automotive application is expected to witness the highest growth during the forecast period due to the next few years, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2X) communications are expected to become a reality. Short- and long-range millimeter-wave radars of frequency bands between 24–29 GHz and 77–81 GHz are used in automotive and transportation. Low noise amplifiers are used in these automotive radars, which are installed in vehicles for advanced driver assistance purposes, including blind-spot detection, precrash warning, lane departure warning system, collision warning, and automated cruise control system. This automotive radar is primarily a component of autonomous vehicles.
Asia Pacific will remain the largest region and it is expected to witness highest growth over the forecast period due to growth of the electronics industry and the adoption of innovative technologies have provided organizations in the region a competitive edge in the market.
Qorvo, Skyworks, Analog Devices, Qualcomm, NXP Semiconductors, Cree, MACOM, Microchip Technology, Murata Manufacturing, Texas Instruments, Maxim Integrated, Mercury Systems are among the major suppliers in the global RF power semiconductor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global RF power semiconductor market by device, frequency band, material, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global RF Power Semiconductor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global RF power semiconductor market by device, frequency band, material, end use industry, and region as follows
By Device [$M shipment analysis for 2014 – 2025]:
Filter
Power Amplifier
Switch
Low Noise Amplifier
By Frequency Band [$M shipment analysis for 2014 – 2025]:
By Material [$M shipment analysis for 2014 – 2025]:
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Consumer Devices
Automotive
Telecommunication
Aerospace & Defense
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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