Market Research Future (MRFR) studies that the Increasing Popularity of Consumer Electronics Drives the Global RF Power Amplifier Market. APAC to Spearhead the Global Market
Market Research Future (MRFR) report on the global RF power amplifier market (2016-2022) discusses and analyses the effect of the outbreak of COVID-19 on the global RF power amplifier market, including future opportunities and challenges, drivers, and risks. The study provides an examination of the impact of COVID-19 on the global RF power amplifier market and a prediction of business development based on different scenarios.
A radio frequency power amplifier is a type of electronic device that converts a low-power radio frequency signal to a high-power radio frequency signal. The RF power amplifier can be tuned to different frequency ranges and has numerous applications such as electromagnetic compatibility testing, medical diagnostics, communication testing, and defense components. The RF power amplifier is the cornerstone of the wireless and telecommunications base station. It has significance in high power devices like transmitting antenna and in microwave testing. These RF power amplifiers have a large share of their global market in telecommunications and consumer electronics. Industrial verticals such as aerospace & defense, automobile, healthcare, and others also use an RF power amplifier.
Market Dynamics
RF power amplifiers continue to be a vital component in radio communications transmitting high-frequency signals. They are a core aspect of all base stations in cellular and mobile wireless infrastructure. The important technical application of the product also points to the immense business opportunities it holds. The global market for RF power amplifiers exceeded USD 11 billion in 2017 and is likely to rise more than twice by 2023, with an impressive compound annual growth rate. The rapid expansion of cellular networks across the globe has also given impetus to the market for RF power amplifiers. The rising importance of power efficiency and the IoT boom are some of the other factors expected to help the RF power amplifier market’s growth in the coming years.
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Key Players
NXP Semiconductors, Qualcomm, Inc., Toshiba Corporation, Infineon Technologies, Broadcom Pte. Ltd., Mitsubishi Corporation, Skyworks Solutions, Inc., Murata Manufacturing Co., Ltd., Analog Devices, Inc., and II-VI, Inc.
Market Segmentation
The global RF power amplifier industry has been segmented into frequency, raw material, packaging type, and application type.
Regional Analysis
Based on the region, the global RF power amplifier industry has been segmented into North America, Europe, Asia Pacific, and the Rest of The World.
The Asia Pacific market is expected to expand at a moderate pace based on the involvement of nations like China and Japan, where nations are considered to be centers of production of electronic goods.
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