Global RF Power Semiconductor Market is valued at USD 18.22 Billion in 2021 and expected to reach USD 32.47 Billion by 2028 with the CAGR of 8.6% over the forecast period.
Global RF Power Semiconductor Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing demand for cellular and mobile wireless, rising use of long-term evolution (LTE), and growing number of smartphone users are some of the major factors driving the growth of the Global RF Power Semiconductor Market.
RF power semiconductors are used in mobile phone & cellular applications. These devices have wide applications and can be used in both indoor and outdoor environments. Radio Frequency power semiconductors are becoming an integral part of many industries. They use electrical impulses to transfer information from one component to another. Phosphorus is commonly used as the dopant in n-type semiconductors. They are highly conductive and do not conduct electricity, and thus are the most used materials for transistors. RF devices are used in various industries and applications such as automotive, consumer electronics, aerospace, and defense.
The Covid-19 pandemic has shown a negative impact on the growth of the global RF power semiconductor market. Due to government-imposed lockdowns and travel and trade restrictions, commercial operations of many industries worldwide such as automotive, electronics, aerospace and defense, telecom, data communication, etc. 2020 was a big loss for the RF power semiconductor industry. Also, due to disruptions in the supply chain, RF power semiconductors could not reach the end-user industry which further hampered the market growth. However, with the easing of restrictions and restoration of normalcy, the market is expected to bounce back over the forecast period.
The global RF power semiconductor market is segmented based on the product type, frequency, material, application and region & country level. Based on product type, the global RF power semiconductor market is classified into RF switches, RF power amplifiers, RF passives, RF duplexers, and others. By frequency, the global market is classified into >60 GHz, 30 GHz-60 GHz, 20 GHz-30 GHz, 10 GHz-20 GHz, and <10 GHz. By material, the global RF power semiconductor market is classified into gallium nitride, silicon, silicon carbide, gallium arsenide, silicon-germanium, and indium phosphide. By application, the global market is classified into telecommunication & data communication, aerospace & defense application, automotive application, consumer application, medical applications, and others.
The regions covered in the global RF power semiconductor market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global RF power semiconductor is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Some major key players for the global RF power semiconductor market report cover prominent players like
Mitsubishi Electric Launched 50W Silicon RF High-power MOSFET Module for Commercial Two-way Radio
On July 14th, 2022; Mitsubishi Electric Corporation announced the launch of a 50W silicon radio-frequency (RF) high-power metal-oxide-semiconductor field-effect transistor (MOSFET) module for use in a commercial two-channel high-frequency power amplifier of commercial two-way radios. This model, which offers an industry-leading 50W power output in the 763MHz to 870MHz band and high overall efficiency of 2 of 40%, is expected to help extend the radio communication range and reduce power consumption.
Samsung Electronics Developed 8-Nanometer RF Chip Process Technology
On June 9th, 2021; Samsung Electronics developed 8-nanometer (nm) process technology for radio frequency (RF) chips as the South Korean tech giant eyes to bolster its foundry services for 5G mobile semiconductors. Samsung said its 8nm foundry will deliver 5G single-chip RF solutions supporting the sub-6-GHz to millimeter wave spectrum. An RF integrated circuit is a semiconductor device used for the reception or transmission of radio frequency signals and for analog-to-digital conversion in connection with a model chip.
Increasing Demand for Cellular and Mobile Wireless, Rising Use of Long-Term Evolution (LTE), and Growing Number of Smartphone Users are Some of the Major Factors Driving the Market Growth
One of the major factors driving the growth of the RF power semiconductor market is the increasing demand for cellular and mobile wireless. These RF devices are important components in all base stations for cellular and mobile wireless infrastructure. For instance; according to the IEEE Communication Society, on October 26th, 2019; by the end of 2018, more than 23 billion IoT devices were installed globally. And the number of devices is expected to triple to 75 billion by 2025. Rapidly increasing demand for cellular and mobile wireless will contribute to the growth of the market.
In addition, the rising use of long-term evolution (LTE) is also boosting the growth of the RF power semiconductor market. Increasing use of long-term evolution (LTE) and deployment of next-generation wireless networks such as 5G are key factors expected to positively impact the growth of the global market. Revolutionary transactions for advanced LTE as well as 5G implementation are expected to drive the RF power semiconductors market in the coming years. Not only for smartphones but also for many RF telecommunication infrastructure applications, 5G offers tremendous business opportunities for RF power semiconductors. The transition towards advanced radio telecommunication networks requires high frequencies for efficient connectivity, which will increase the demand for RF power semiconductors worldwide. Moreover, the growing number of smartphone users is also supplementing the RF power semiconductor market growth. For instance; according to scientist research publishing; in June 2018; the number of smartphone users worldwide reached 2.5 billion, which is 33% of the world's population.
However, the high cost of the radio frequency devices associated with RF power semiconductors may hinder the growth of the global RF power semiconductor market. Despite that, the rising trend of digitalization and increase in smart city projects may create more opportunities for the further growth of the global RF power semiconductor market.
Geographically, Asia Pacific is expected to capture a major share in the global RF power semiconductor market within the forecast period due to the increasing number of smartphone users, rising production of electric vehicles, and growing production of semiconductor devices in this region. An increasing number of smartphone users is driving the growth of the market. For instance; India will have one billion smartphone users by 2026 with rural areas driving the sale of internet-enabled phones, a Deloitte study said. India had 1.2 billion mobile subscribers in 2021, of which about 750 million are smartphone users.
|2018 - 2021
|2021 - 2028
|Market Size in 2021:
|USD 18.22 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 32.47 Billion
|Tables, Charts & Figures:
|Infineon Technologies, Fujitsu Semiconductor, Ampleon, Qorvo, Qualcomm, Mercury Systems, Ampleon Netherlands, Wolfspeed (Cree), Broadcom, EPC, TDK Electronics, Teledyne, Toshiba, Integra Technologies, Microchip Technology, MACOM, and others.
|By Product Type, By Frequency, By Material, By Application, By End-User.
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
By Product Type
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