Market Research Future published a research report on “Radio Frequency Component (RFC) Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Pune, India - May 10, 2019 /MarketersMedia/ —
Market Scenario:
Radio frequencies are radio signals that range between 3 KHz to 300 KHz. Components of radio frequency are the building blocks that enable connectivity in various electronic devices that are currently used. The radio frequency components enable the transmission and identification of frequencies. There exist various kinds of radio frequencies such as voice frequencies, medium frequencies, ultra high frequencies and super high frequencies among others.
The various equipment used in radio frequency are couplers, power dividers, terminators, attenuators, detectors, adapters and phase shifters among others. The radio frequency components are utilized to obtain high switching rate, reciprocity, reliability, miniaturization and weight reduction. RF Components in correct combinations are the basic components desired by any communication devices for their functioning.
The factor that affects this market is its capability to fit in very small sizes in the applications. With increasing network of universal mobile telecommunications system (3G), the market has witnessed high demand for switches and tuners due to their supporting feature to provide precise functionality to the other main RF devices such as power amplifiers, and demodulators. The major driving factors for growth of Radio Frequency Component Market are the rapid technological advancements in wireless communication and the increasing adoption of consumer electronics such as smartphones, set top box and smart television among others.
The global Radio frequency component market is expected to grow from USD ~6 Billion in 2016 to USD~ 16 Billion by 2022, at an estimated CAGR of ~16%. The growth of this market can be constrained by factors such as the growing installed base of the barcode system in several industries and low awareness of radio frequency components. The growth is also restrained because of comparatively higher expenditures as compared to the barcode systems.
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Industry Updates:
Jun 2018 MIT researchers have created a novel transmitter that frequency hops each individual 1 or 0 bit of a data packet, every microsecond, which is fast enough to prevent even the quickest hackers through a random by using a unique radio frequency (RF) channel, so hackers can't pin down any specified packet. The transmitter controls frequency-agile devices called bulk acoustic wave (BAW) resonators and rapidly switches between a wide range of RF channels, sending information for a data bit with each hop. In addition, the researchers combined a channel generator that, each microsecond, chooses the random channel to send each bit.
Segmental Analysis
The radio frequency component market has been segmented on the basis of material, components, and end-users. The components segment of the market comprises of filters, antenna switches, amplifiers, duplexer, and modulators & demodulators. On the basis of materials, the radio frequency component market consists of gallium arsenide, nitride, silicon, indium phosphide, and others. The segmentation on the basis of end users consists of automotive, consumer electronics, military, and telecommunication among others.
Key Players
The prominent players in the market of radio frequency component market are – Qorvo Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Tsinghua Unigroup (China), Skyworks Solutions, Inc. (U.S.), Broadcom Limited (U.S.), Vectron International, Inc. (U.S.), Danaher Corp. (U.S.), WIN Semiconductors Corp. (Taiwan) and Mitsubishi Electric Corporation (Japan) among others.
Detailed Regional Analysis
The regional analysis of radio frequency component market encompasses regions such as North America, Asia Pacific, Europe and the rest of the world. The North American region is anticipated to influence the radio frequency component market due to a vast number of early technology adopters and the very established telecom sector in the North American region. The Asia Pacific region is anticipated to undergo growth due to the increase in consumer disposable income which is likely to lead to a rise in the adoption of consumer electronic products with connectivity features. The European region is anticipated to witness an escalating demand rate in the radio frequency component market with the growing use of electronic devices for commercial, industrial, and residential purposes.
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Intended Audience
• Radio Manufacturers
• Integrators
• Radio frequency testers
• Research firms
• Military and navy
• Raw material manufacturers
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Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 510942
