Global Radio Frequency Integrated Circuit Market Trends, Applications, Analysis, Growth, and Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global radio frequency integrated circuit market in its upcoming report titled, “Global Radio Frequency Integrated Circuit Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global radio frequency integrated circuit market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global radio frequency integrated circuit market report has been segmented on the basis of product type, end-use industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Radio Frequency Integrated Circuits (RFIC) is used in electrical integrated circuit operating in a frequency range suitable for wireless transmission. Radio Frequency Integrated Circuits (RFIC) normally operates in between frequency range 300 MHz to 30 GHz.
Increasing R&D activities by major players for development of advanced electronic devices, growing Internet of Things (IoT) penetration in developing countries, and growing demand from consumer electronic industry are major factors driving growth of the global radio frequency integrated circuit market. In addition, wide applicability of radio frequency integrated circuit in various industries such as telecommunication, automotive, and media and broadcast is another factor expected to support growth of the global radio frequency integrated circuit market. Moreover, growing trend for wireless communication devices in developing countries resulting in increasing adoption from electronic devices manufacturers, is further expected to support growth of the global radio frequency integrated circuit market
However, design complexity resulting in weak signal or signal loss, which is a major factor expected to hamper growth of the global radio frequency integrated circuit market to certain extent.
Increasing R&D activities by major players and growing mergers and acquisitions among regional and international players are expected to create new opportunities in terms of revenue for players operating in the global radio frequency integrated circuit market over the forecast period.
The market in North America is expected to dominate the global radio frequency integrated circuit market in terms of revenue and is expected to continue its dominance over the forecast period. The dominance can be attributed to growing demand from telecommunication sector and presence of prominent players operating in economies in this region. The market in Europe is expected to contribute significant revenue share to the global radio frequency integrated circuit market. The market in Asia Pacific is expected to register faster growth, owing to increasing demand from consumer electronic sector in countries such as India and China. According to Indian Brand Equity Foundation Report Indian appliance and consumer electronics (ACE) market reached US$ 31.48 billion in 2017.
Global Radio Frequency Integrated Circuit (RFIC) Market Segmentation:
By Product Type:
- Power Amplifier
- Wireless Chips
- Bluetooth Chip
By End-use Industry:
- Consumer Electronics
- Media and Broadcasting
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Qualcomm Technologies Inc.
- Samsung Electronics Co. Ltd.
- Maxim Integrated
- Renesas Electronics Corporation
- Silicon Laboratories Inc.
- Cree, Inc.
- STMicroelectronics N.V.
- NXP Semiconductor
- Qorvo, Inc. (TriQuint Semiconductor)
- Avango Technologies (Broadcom)
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