RF Semiconductor Market Records 7.44% Annual Growth Rate in 2021 | Broadcom Inc. and Cree Inc. among the main suppliers


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According to the recent Technavio market study, the RF Semiconductor Market in Semiconductor Industry should increase by $ 961.22 million from 2020 to 2025, with an accelerated CAGR of 8.26%. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major pockets of investment.

APAC will register the highest growth rate of 58% among other regions. China, Japan, and South Korea (Republic of Korea) are the key markets for RF semiconductors.

Download a FREE sample: for more information on key APAC countries

Supplier Information-

The RF Semiconductor market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market. Some of the offerings from the major vendors are mentioned below:

  • Broadcom Inc. – The company offers semiconductors with a portfolio of data center switches and routers, set-top boxes / CMTSs, cable and PON / DSL modems.
  • Cris inc. – The company offers RF products which are used by various industries such as aerospace, defense, telecommunications and many more.
  • Fujitsu Ltd. – The company offers semiconductors used for FRAM, ReRAM and NRAM.

Discover additional highlights about the vendors and their product offerings. Download a free sample report

Regional market outlook

The growth of the RF semiconductor market share in APAC will be significant during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for RF semiconductors in APAC.

The increasing demand for RF devices from automotive applications will drive the growth of the RF semiconductor market in APAC during the forecast period. The demand for improved cellular networks from developing countries such as China, India, South Korea, Taiwan, and Malaysia is also a major growth factor for the targeted APAC market. Most of these countries have almost reached their 4G service saturation point and have started offering 5G services.

Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.

Latest drivers and challenges impacting the market-

  • Driver of the RF Semiconductor Market:
    • Growing demand for RF devices for smartphones:

      The growing penetration of smartphones is driving the demand for RF semiconductor devices. The demand for smartphones is expected to increase significantly during the forecast period owing to the development of high-speed network infrastructure. The proliferation of smartphones incorporating innovative technologies, such as augmented reality, gesture recognition and voice recognition, will increase the need for high-speed communication networks.

  • RF Semiconductor Market Challenge:
    • High production cost of RF semiconductor:

RF semiconductors require high investment because their manufacturing process is expensive compared to other semiconductors. Manufacturers need high-end equipment and advanced technologies to produce RF semiconductors. In addition, the processes involved are also quite complex. This high investment requirement acts as a barrier to entry for new suppliers with limited funding. It also restricts existing providers who aim to grow without a lot of financing options. Such factors will hamper the growth of the market.

Find additional information on various other market drivers and challenges mentioned in our FREE Sample Report.

Here are some similar topics-

  • Semiconductor Silicon Wafers Market by Application and Geography – Forecast and Analysis 2021-2025: Semiconductor silicon wafer market share is expected to increase by $ 4.14 billion from 2020 to 2025, and the market growth momentum will accelerate at a CAGR of 6.73%. Download a free sample exclusive report
  • Compound Semiconductor Market by End User, Type and Geography – Forecast and Analysis 2021-2025: The market size for compound semiconductors will grow up to $ 11.53 billion at a CAGR of 6.33% from 2020 to 2025. Download a free sample exclusive report

Scope of the RF Semiconductor Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 8.26%

Market growth 2021-2025

$ 961.22 million

Market structure

Fragmented

Annual growth (%)

7.44

Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

APAC at 58%

Main consumer countries

China, United States, Japan, South Korea (Republic of Korea) and Germany

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Broadcom Inc., Cree Inc., Fujitsu Ltd., GCT Semiconductor Inc., Infineon Technologies AG, MACOM Technology Solutions Holdings Inc., Qorvo Inc., Qualcomm Inc., Semtech Corp. and Texas Instruments Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

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Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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SOURCE Technavio


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