PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 958522
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 958522
Abstract:
Global Radio Frequency Front-end Modules Market to Reach $39.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Radio Frequency Front-end Modules estimated at US$16.6 Billion in the year 2020, is projected to reach a revised size of US$39.7 Billion by 2027, growing at a CAGR of 13.2% over the period 2020-2027.
The U.S. Market is Estimated at $4.5 Billion, While China is Forecast to Grow at 17.3% CAGR
The Radio Frequency Front-end Modules market in the U.S. is estimated at US$4.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2027 trailing a CAGR of 17.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 11.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.
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