HOME Research Insight Market Leadership - RF Power Semiconductor Market

Market Leadership - RF Power Semiconductor Market

The RF power semiconductor market was valued at USD 10.57 Billion in 2015 and is expected to reach USD 31.26 Billion by 2022, at a CAGR of 15.4% between 2016 and 2022. Over the past few years, RF power devices have been used in different products ranging from RF plasma lighting applications to improved smartphones with better power output. The increased use of LTE, rapid growth of the smartphone market, growing use of RF power for lighting applications, and adoption of the RF power devices in the RF energy sector are factors that help drive the RF power semiconductor market. This market is majorly driven by RF power amplifiers which accounted for a share of ~40% of the RF power semiconductor market in 2015. The APAC region is expected to witness huge growth opportunities for the companies operating in the RF power semiconductor market and it is the leading region in terms of market size in the global market. The APAC region has an established electronics industry, which is the major driving factor for its growth in the global RF power semiconductor market. The low manufacturing and developing costs in APAC countries such as Taiwan, Malaysia, and China further propel the growth of the RF power semiconductor market in the region.

The companies in the RF power semiconductor market are increasingly focusing on the production of devices in APAC countries such as China, Japan, Taiwan, Malaysia, Singapore, and India to reduce the manufacturing costs and stay ahead in the competition. Furthermore, the companies also focus on providing customized RF power solutions to cater to the needs of various customers and applications.

Infineon Technologies held the leading position in the RF power semiconductor market. In May 2015, Infineon acquired International Rectifier (U.S.), one of the major players involved in the manufacturing of analog and mixed signal ICs, integrated power systems, advanced circuit devices, and integrated components. Infineon is one of the leading patent-filing companies in the semiconductor market and is involved in extensive research and development as well as collaborative research activities. Samsung Electronics Co., Ltd. (South Korea) uses Infineonís RF and security components in its mobile devices such as the Galaxy S7 and Galaxy A smartphone series. The use of RF switches in smartphones would help enhance the data rate and reduce the power consumption of the devices.

NXP Semiconductors N.V. (Netherlands) and Freescale Semiconductor, Inc. merged to continue their combined operations as NXP Semiconductors N.V. in December 2015. This merger would help the company to become a major player in the field of automotive semiconductor solutions and microcontroller products. NXP is one of the leading companies to come up with new product launches in the RF power semiconductor market. The merger would also place the company in a strong position to tap into the demand created by the growing opportunities in the connectivity, security, and processing fields.

Related Reports:

RF Power Semiconductor Market by Product (Power Amplifiers, Passives, Switches, and Duplexers), Material (Silicon, Gallium Nitride, and Gallium Arsenide), Frequency, Application (Consumer, and Aerospace & Defense), and Geography - Global Forecast to 2022

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports