(MENAFN- GlobeNewsWire - Nasdaq) Selbyville, Delaware, June 06, 2023 (GLOBE NEWSWIRE) -- Radio Frequency Front End Market is projected to cross USD 60 billion by the year 2032, as per a recent study by Global Market Insights Inc.
The study cites that the market growth is driven by the increasing demand for wireless communication technologies such as 5G, Internet of Things (IoT), and connected devices. The RF Front End serves as a crucial component in wireless communication systems, responsible for transmitting and receiving radio signals. They are crucial in higher frequency bands used in 5G to ensure efficient and reliable communication. Also, with billions of connected devices expected to be deployed in various industries in coming future, RF front end components will play a crucial role in enabling seamless wireless communication between devices. The emergence of advanced RF technologies such as GaN (Gallium Nitride) and SiC (Silicon Carbide), which offer improved power efficiency and higher operating frequencies will shape the market outlook.
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Demand for high-speed data transfer to favor adoption of RF Power Amplifiers
Based on type, the radio frequency front end market is classified into RF switches, RF power amplifiers, and RF filters. The radio frequency front end industry share from RF power amplifiers will grow considerable through 2032 as these devices play a crucial role in boosting the power of signals for efficient transmission and reception. RF Power Amplifiers are widely used in various applications such as wireless communication systems, broadcasting, radar systems, and military applications. They are designed to amplify low-power signals to higher power levels, ensuring reliable and long-range communication. The increasing demand for high-speed data transfer, along with companies focusing on developing power-efficient amplifiers with higher operating frequencies & improved linearity to meet the evolving requirements of wireless communication systems will augment the segment growth.
Deployment of advanced RF Front End systems across military sector
Speaking of end-use, the industry is divided into military, wireless networks, automotive systems, and consumer electronics. The radio frequency front end market size from military segment will expand at rapid pace during 2023 and 2032, owing to extensive application in military communication systems, surveillance & reconnaissance systems, electronic warfare, radar systems, and others. The military sector demands robust & reliable RF front end solutions that can operate in challenging environments while providing secure and uninterrupted communication capabilities. This enables enhanced situational awareness, improved command & control capabilities, and efficient data transfer among military personnel and equipment. Incorporation of unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and other autonomous systems in the military domain, along with the increasing complexity of modern warfare and the need for advanced communication technologies will support the industry growth.
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Well-established telecom infrastructure to drive North America market
North America radio frequency front end market value will increase manifold over 2023 to 2032, backed by a well-established telecommunications infrastructure and a strong presence of key industry players. The region is witnessing a rapid adoption of advanced wireless communication technologies, such as 5G, Internet of Things (IoT), and connected devices, which is driving the demand for RF front end components. A high concentration of major smartphone manufacturers, network operators, and semiconductor companies, in consort with significant investments in the development of 5G infrastructure are favoring the regional market expansion.
Radio Frequency Front End Market Players
Analog Devices, Inc., Diodes Incorporated, Murata Manufacturing Co., Ltd., Onsemi, Qualcomm Technologies, Inc., Renesas Electronics Corporation, Qorvo Inc., Skyworks Solutions, Inc., NXP Semiconductors N.V., STMicroelectronics N.V., Infineon Technologies AG, Taiyo Yuden Co., Broadcom Inc., Texas Instruments Incorporated, and Wurth Elektronik.
Radio Frequency Front End Industry News
In May 2023, United Microelectronics Corporation (UMC), a prominent global semiconductor foundry, declared that it 40nm RFSOI technology platform was all set to manufacture millimeter-wave (mmWave) RF front-end component. This will enable UMC in facilitating the growth & expansion of 5G technology in various sectors.
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About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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