Allied Market Research

2024

Radio Frequency Components Market

Radio Frequency Components Market Size, Share, Competitive Landscape and Trend Analysis Report by Component Type (Power Amplifier, Antenna, Switches, Multiplexer, Filter, Modulator Demodulator, Transistor Diode) and by Application (Consumer Electronics, Automotive, Industrial, Aerospace Defense, Telecommunication, Medical Healthcare): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Vineet Kumar
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Radio Frequency Components Market Outlook - 2026

Radio frequency components are communication devices with in-built capability to get connected to electromagnetic spectrum associated with radio wave propagation. These components are widely used for communication purposes. There are various radio frequency bands available, each of these bands are assigned to different technology industries as per the requirement. For instance, the very high frequency (VHF) band, which ranges from 30-300 MHz, is used for TV broadcasts, FM radio, and amateur radio. Forthwith, ultra-high frequency (UHF) band which ranges from 300 megahertz (MHz) and 3 gigahertz (GHz) is widely used for electronic communication devices such as mobile phones, wireless LAN, Bluetooth, and TV and land radio. As a result, the radio frequency component varies depending upon the requirement needed or functionality deployed in an electronic device. In addition, these components vary depending upon industry use, frequency, mounting type, and several other characteristics. 

Proliferation of machine to machine connectivity and advent of IoT devices has led to the high requirement for enhanced wireless connectivity demands by consumers, thereby driving the need for new and advanced radio frequency components. In addition, increase in penetration of smartphones due to advance product offering such as biosensors, long battery life, and several artificial intelligence features is also one driving the global radio frequency components market growth. Moreover, growing advancements in universal mobile telecommunication network i.e. 4G and 5G networks, the demand for radio frequency components such as tuners, switches, sensors, and others has increased over the past. This demand has grown exponentially to offer explicit connectivity between radio frequency devices such as demodulators, power amplifiers, and others, which in turn is expected to fuel growth of the global market radio frequency components market. However, rise in the cost of raw materials is expected to negatively impact the global radio frequency components market to a certain extent. Furthermore, rise in popularity of low-end smartphones with enhance functionality in emerging countries is expected to be opportunistic for the global radio frequency components market during the forecasted period.

The global radio frequency components market is segmented based on product type, application, and region. Based on product type, it is bifurcated into filters, duplexer, power amplifiers, antenna switches, and modulators & demodulators and services. Based on application, it is classified into tablets, military, automotive, mobile phones, laptops & notebooks, consumer electronics, wireless communication, and smart TVs & set top boxes. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

This report provides the profiles of some of the key players in the global radio frequency components market, including Fujitsu Ltd., ROHM Co., Ltd, Broadcom, Inc., Texas Instruments Inc., NXP Semiconductors N.V., Murata Manufacturing Co., Ltd, Renesas Electronics Corporation, International Quantum Epitaxy Plc, Toshiba Electronics Devices & Storage Corporation, and Taiwan Semiconductor Manufacturing Company Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global radio frequency components market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the global radio frequency components market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global radio frequency components industry.
  • The quantitative analysis of the global radio frequency components market is provided to determine the market potential.

Radio Frequency Components Market Report Highlights

Aspects Details
Radio Frequency Components Market By Component Type
By Component Type
  • Power Amplifier
  • Antenna
  • Switches
  • Multiplexer
  • Filter
  • Modulator & Demodulator
  • Transistor & Diode
Radio Frequency Components Market By Application
By Application
  • Consumer Electronics
  • Automotive
  • Industrial
  • Aerospace & Defense
  • Telecommunication
  • Medical & Healthcare
Radio Frequency Components Market By Region
By Region
  • North America  (U.S, Canada)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Singapore, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players
Key Market Players

Renesas Electronics Corporation, Fujitsu Ltd., Taiwan Semiconductor Manufacturing Company Limited, Murata Manufacturing Co. Ltd, NXP Semiconductors N.V., ROHM Co. Ltd, Toshiba Electronics Devices & Storage Corporation, Broadcom Inc., Texas Instruments Inc., International Quantum Epitaxy PLC

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Radio Frequency Components Market

Global Opportunity Analysis and Industry Forecast, 2023-2032