Enjoy complimentary customisation on priority with our Enterprise License!
The RF amplifier market share is expected to increase by USD 21.93 billion from 2021 to 2026, at a CAGR of 11.04%.
This RF amplifier market research report extensively covers RF amplifier market segmentation by type (surface mount technology (SMT), through-hole technology (THT), and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
Download the Free Report Sample to Unlock the RF Amplifier Market Size for the Forecast Period and Other Important Statistics
The RF amplifier market report also offers information on several market vendors, including AMETEK Inc., Analog Devices Inc., API Microelectronics Ltd., Baylin Technologies Inc., BONN Elektronik GmbH, Broadcom Inc., CML Microsystems Plc, Electronics and Innovation Ltd., Empower RF Systems Inc., Infinite Electronics Inc., MACOM Technology Solutions Holdings Inc., NuWaves Engineering, NXP Semiconductors NV, Ophir RF Inc., Qorvo Inc., Qualcomm Inc., Satellink Inc., Scientific Components Corp., Skyworks Solutions Inc., and Texas Instruments Inc. among others.
The growing internet penetration is notably driving the RF amplifier market growth, although factors such as high cost associated with gallium arsenide (GaAs) based RF amplifiers may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the RF amplifier industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key RF Amplifier Market Driver
One of the key factors driving the global radio frequency (RF) amplifier market growth is the growing internet penetration. According to the Cisco Visual Networking Index, the average mobile network connection speed is expected to reach 43.9 Mbps by 2023 and the average 5G connection speed will reach 575 Mbps by 2023. Globally, the average Wi-Fi speed is expected to reach 92 Mbps by 2023. The fixed broadband speed is expected to grow at a CAGR of 20% during 2018-2023. It is evident that bandwidth demand will create a load on macro networks in the near future. However, a loss in service quality is a challenge for the company as it is expected to lead to a higher churn rate, resulting in an increase in customer retention costs. To overcome this challenge, low-powered cellular radio access nodes are being deployed at the edge of the network format, which will increase the demand for RF amplifiers in the forecast period.
Key RF Amplifier Market Trend
Growing number of mergers and acquisitions is one of the key radio frequency amplifier market trends that is expected to impact the industry positively in the forecast period. The major players are focusing on various M&A to sustain the competition in the market. For instance, in October 2020, STMicroelectronics acquired Somos Semiconductor SAS, a manufacturer of RF amplifiers. In September 2020, Calian Group Ltd. acquired Tallysman Wireless Inc., a manufacturer of antennas and RF components. In October 2021, Guerrilla RF completed the reverse merger with Laffin Acquisition Corp. Therefore, the increase in M&A will make the market more consolidated by expanding the global presence of prominent vendors. Such factors are expected to influence vendors to target new consumers, which, in turn, will drive the growth of the market in the coming years.
Key RF Amplifier Market Challenge
One of the key challenges to the global RF amplifier market growth is the high cost associated with gallium arsenide (GaAs) based RF amplifiers. GaAs-based devices are only used in niche applications where their special capabilities justify their higher cost. For instance, smartphones typically rely on fast GaAs chips to process the high-frequency radio signals that arrive faster than silicon can handle. However, silicon-based solar PVs are used to make GaN solar cells that are restricted to only high-end applications. GaAs is shaped into wafers, which are flat, circular slices of purified material. Solar cells, computer chips, or other electronic devices are integrated on the top of these wafers. However, it can cost about USD 5,000 to make a wafer using GaAs that are eight-inch in diameter compared to USD 5 for a silicon wafer of the same diameter. This may restrict the application of GaAs-based RF amplifiers in several applications, which, in turn, will negatively impact the growth of the market during the forecast period.
This RF amplifier market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the rf amplifier market encompasses successful business strategies deployed by the key vendors. The RF amplifier market is fragmented and the vendors are deploying growth strategies such as investment in R&D to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The RF amplifier market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the RF amplifier market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
46% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea are the key markets for RF amplifiers in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The rapid adoption of mobile or wireless system applications due to the increasing adoption of 4G and growing interest in the deployment of 5G will facilitate the RF amplifier market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic negatively impacted the growth of the market in India, Japan, and Australia. Various governments announced the shutdown of day-to-day business operations by implementing a full-scale lockdown. However, since 2021, the initiation of large-scale vaccination drives has led to the resumption of RF amplifiers production with social distancing and sanitization norms. This has helped the vendors to gain some revenue share. Thus, the regional market is expected to grow at a steady rate during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The RF amplifier market share growth by the surface mount technology (SMT) segment will be significant during the forecast period. Due to smaller and more dense circuits offered by SMT, there is more scope for miniaturization of the circuit. Therefore, components used in SMT can be made much smaller than that traditional leaded components. Such factors will support the market growth in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the RF amplifier market size and actionable market insights on post COVID-19 impact on each segment.
Technavio categorizes the global RF amplifier market as a part of the global electronic equipment and instruments market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the RF amplifier market during the forecast period.
RF Amplifier Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 11.04% |
Market growth 2022-2026 |
$ 21.93 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.52 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 46% |
Key consumer countries |
US, China, Japan, South Korea, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AMETEK Inc., Analog Devices Inc., API Microelectronics Ltd., Baylin Technologies Inc., BONN Elektronik GmbH, Broadcom Inc., CML Microsystems Plc, Electronics and Innovation Ltd., Empower RF Systems Inc., Infinite Electronics Inc., MACOM Technology Solutions Holdings Inc., NuWaves Engineering, NXP Semiconductors NV, Ophir RF Inc., Qorvo Inc., Qualcomm Inc., Satellink Inc., Scientific Components Corp., Skyworks Solutions Inc., and Texas Instruments Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.