RF
power semiconductors are used in wireless communication, aerospace &
defense, industrial applications. They deliver enhanced power efficiency,
reduce power consumption while increasing range and reliability. RF power
semiconductors are extensively used in various 5G applications such as base
stations, small cells, and radio units. Increased deployment of 5G networks
globally is expected to drive the demand for RF power semiconductors.
The
global RF power semiconductor market is estimated to be valued at US$ 20.35 Bn in 2023 and is expected to
exhibit a CAGR of 8.2% over the
forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased penetration of 5G technology is one of the major trends driving
the growth of the RF power semiconductor market. 5G deployment requires
advanced RF front-end modules with high power capabilities to support high
frequencies and new spectrum bands. RF power semiconductors play a critical
role in wireless infrastructure equipment used for 5G networks. They allow
telecom operators to increase network capacity and provide end users with
faster data transfer speeds. As 5G rollouts continue globally, demand for advanced
RF devices with increased power handling capabilities will rise significantly.
This is expected to support the revenue growth of RF power semiconductor
manufacturers over the forecast period.
Segment Analysis
The global RF power semiconductor market is dominated by the telecommunication
segment. 5G deployment across the globe has boosted the demand for RF
semiconductor components in wireless network infrastructure equipment. 5G uses
higher frequency ranges which require more advanced RF power semiconductor
components for signal transmission and reception. RF semiconductors support 5G
innovations like advanced beamforming and massive MIMO which demands
sophisticated RF solutions.
Key Takeaways
The
Global
RF Power Semiconductor Market Demand is expected to witness high growth
over the forecast period supported by increasing 5G deployments worldwide.
Regional analysis related content comprises Asia Pacific dominates the market
currently due to massive 5G infrastructure investments in China and South
Korea. These countries are in the forefront of 5G deployment which is driving
significant demand for RF power semiconductors.
Key
players related content comprises Key players operating in the RF power
semiconductor market incorporate Reckitt Benckiser Group PLC, Church &
Dwight Co. Inc., Okamoto Industries Inc., Karex Berhad, and Humanwell Group.
Reckitt Benckiser Group PLC leads the market with wide range of RF power
components catering to base station and device requirements of 5G networks.
Church & Dwight Co. Inc. specializes in RF power management ICs supporting
network virtualization while Okamoto Industries Inc focuses on RF power
amplifiers and Doherty amplifiers. Karex Berhad and Humanwell Group cater to
growing needs of 5G infrastructure equipments in Asia with their RF transistor
and switching solutions.
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