PUBLISHER: Allied Market Research | PRODUCT CODE: 1239470
PUBLISHER: Allied Market Research | PRODUCT CODE: 1239470
The global RF semiconductor market was valued at $18,884.25 million in 2021, and is projected to reach $39,618.03 million by 2031, registering a CAGR of 8.35% from 2022 to 2031. RF power semiconductors are devices or modules that amplify the power of certain radio frequency signals. This RF Semiconductor covers RF power devices and modules such as power amplifiers, switches, filters, duplexers, and other RF devices used in various industries such as telecommunications, automotive, consumer electronics, and aerospace & defense.
The major factor driving the global RF power semiconductor market is the widespread deployment of wireless networks such as Long-Term Evolution (LTE) and 5G in all computing devices. Apart from that, the increasing use of electronic devices such as tablets and smartphones and the intensive adoption of RF power in lighting applications are also greatly stimulating the global growth of the market.
The RF Semiconductor market is segmented on the basis of product type, application, and region. By product type, the market is segmented into RF power amplifiers, RF switches, RF filters, RF duplexers, and other RF devices. By application, the market is categorized into telecommunication, consumer electronics, automotive, aerospace & defense, healthcare, and others. Region-wise, the RF Semiconductor market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa).