Press release
Lucintel Forecasts RF Power Semiconductor Market to Grow at a CAGR of 7%-9%
According to the recent study the RF power semiconductor market is projected to grow at a CAGR of 7%-9% from 2020 to 2025. Growth in this market is primarily driven by advanced RF devices in radar and electronic warfare systems and increasing demand for RF devices for smartphones.Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in RF power semiconductor market by device (filter, power amplifier, switch, low noise amplifier), by frequency band (VHF & UHF, SHF, EHF), material (GaAs, GaN, Si), end use industry (consumer devices, automotive, telecommunication, aerospace & defense), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/rf-power-semiconductor-market.aspx
“Filter market is expected to remain the largest segment during the forecast period.”
Based on device, the RF power semiconductor market is segmented into filter, power amplifier, switch, low noise amplifier. Lucintel forecasts that the filter market is expected to remain the largest segment during the forecast period due to an increasing number of filters per device as the adoption of advanced technologies such as 5G increases.
“Within the RF power semiconductor market, the automotive segment is expected to remain the largest application”
Based on application, the automotive segment is expected to witness the witness the highest growth during the forecast period due to the next few years, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2X) communications are expected to become a reality. Short- and long-range millimeter-wave radars of frequency bands between 24–29 GHz and 77–81 GHz are used in automotive and transportation. Low noise amplifiers are used in these automotive radars, which are installed in vehicles for advanced driver assistance purposes, including blind-spot detection, precrash warning, lane departure warning system, collision warning, and automated cruise control system. This automotive radar is primarily a component of autonomous vehicles.
“Asia Pacific will dominate the RF power semiconductor market in near future”
Asia Pacific is expected to be the largest region over the forecast period and it is expected to witness highest growth over the forecast period due to growth of the electronics industry and the adoption of innovative technologies have provided organizations in the region a competitive edge in the market.
Download Brochure of this report by clicking on https://www.lucintel.com/rf-power-semiconductor-market.aspx
Major players of RF power semiconductor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Qorvo, Skyworks, Analog Devices, Qualcomm, NXP Semiconductors, Cree, MACOM, Microchip Technology, Murata Manufacturing, Texas Instruments, Maxim Integrated, Mercury Systems is among the major RF power semiconductor providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/rf-power-semiconductor-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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Lucintel, the premier global market research and management consulting firm creates your equation for growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel team of trusted industry experts for materials and manufacturing industries have executed over hundreds of consulting projects for clients, ranging from small, emerging organizations up to multinational companies such as 3M, Audi, BASF, Cytec, DSM, Eastman, GE, Hexcel, Huntsman, Momentive and Sumitomo. To learn how Lucintel can help focus your business development efforts with pragmatic solutions, watch a 3.5-minute short movie at https://www.lucintel.com/imovie/.
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