Global Radio Frequency Components Market Overview:
Radio frequency components are the fundamental components required by some communication device for its proper operation. The advancements in technology and miniaturization property (adjustable in small sized) of RF components are the factors driving this market forward. Further, increasing demand from the developing countries owing to growth in the 5G technology that owing to increasing application in power efficiency and spectrum range of the mobile devices. The increased adoption of IoT and innovations of low power ICs for maximizing battery life and to reduce charging time in smartphones is expected to drive the demand for radio frequency components over the forecasted period. According to AMA, the Global Radio Frequency Components market is expected to see growth rate of 13.8%
Growth Drivers
- Increase Demand of Radio Frequency Components in Consumer Electronics.
- Rising Demand Of Wireless Communication In Various Applications.
Market Trends
- Increasing demand in Bluetooth, NFC and Wi-Fi.
- Offer greater coverage area and reduced latency of 5G networks.
Roadblocks
- Uncontrolled Radiation Of Radio Frequency Hampers The Bio-Diversity.
- Stringent Regulations Associated With Radio Frequency Components.
Opportunities
- Growing Number Of Laptops, Smartphones, Tablets And Others Leads To Boost The Radio Frequency Market.
- Upsurge Demand of High Speed Networks Such As 4G & 5G.
Challenges
- Lack Of Research And Development In The Industry Are Anticipated The Challenge The Market.
- Adverse Impact Due To Shortage of Investments.
Competitive Landscape:
In radio frequency components market, it has been observed that most of the leading companies are upgrading or introducing RFID technology to various industries where its cost advantages in logistics, reduce the impact on prices of recycling legislation for electronics and homeland security measures.
Some of the key players profiled in the report are Triquint Semiconductors (Singapore), Murata Manufacturing (Japan), RDA Microelectronics (China), Skyworks Inc. (United States), RF Micro devices (United States), AVAGO Technologies (United States), ANADIGICS Inc. (United States), Vectron International (United States), Tektronix, Inc. (United States), Epson Toyocom (Japan) and WIN Semiconductors Corp. (Taiwan). Additionally, following companies can also be profiled that are part of our coverage like Mitsubishi Electric Corporation (Japan), Fujitsu (Japan), Freescale Semiconductor (United States) and RF Micro devices (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Radio Frequency Components market by 2026. Considering Market by Materials, the sub-segment i.e. Silicon will boost the Radio Frequency Components market.
Latest Market Insights:
In February 2017, Qualcomm and TDK announced to launched of joint venture under the name RF360 Holdings Singapore PTE. Ltd. This joint venture is beneficial in providing RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and fast-growing business segments, such as Internet of Things (IoT), automotive applications, connected computing, and more.
“According to federal communications commission that regulates radio frequency (RF) devices contained in electronic-electrical products that are capable of emitting radio frequency energy by radiation, conduction, or other means. These products have the potential to cause interference to radio services operating in the radio frequency range of 9 kHz to 3000 GHz.”
What Can be Explored with the Radio Frequency Components Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Radio Frequency Components Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Radio Frequency Components
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Radio Frequency Components market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Radio Frequency Components market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Radio Frequency Components Manufacturers, Radio Frequency Components Traders, End-Use Market Participants of Different Segments of Radio Frequency Components, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.